Winner’s curse is something that can affect any bidder at auction, especially if they are not informed. This term refers to a bidder not knowing the value of an item, bidding too much, and then winning. Typically, this happens when the auction gets heated and leaves the winner feeling embarrassed. There are some ways to avoid the winner’s curse, though, and it is important to understand them before going to auction.
When it comes to collectible coins, there are a variety of factors that determine rarity. Some factors that come into play include mint, collectibility, condition, appeal, and age. The following can help you understand how a few of these affect the rarity factor.
If you are visiting an auction that is selling antique guns, you likely already have something in mind. You can look at the catalog to get an idea of what will be available if you aren’t sure. Whether you are new to collecting antique guns or a seasoned collector, it can pay to know some of the best pieces to look for at auction.
Many people have items stored in attics, closets, and basements. These could be childhood memories, items left as an inheritance, or things just accumulated over time. If you have ever wondered if any of these items have more than sentimental value, they could! It all depends on quality, quantity, and collectors. Here are some items you might have around your home that could bring in some cash.
Many people attend auctions to look for particular items like antique toys, farm equipment, and heavy machinery. Estate auctions are known for providing these items and much more! Here some that you may not have considered looking for at estate auctions.
You may not have considered this, but a farm equipment or farm auction could be the place to find collectible vehicles. Most of the time, you will likely see a smaller collection of vehicles. But sometimes, you will find a massive auction listing everything from work trucks to sports cars. This is exactly what happened in August of 2019.
Live auctions are great for sellers and buyers because of their many benefits. Whether you are looking for heavy equipment or collectibles to give as gifts, these events offer almost everything. Online auctions also give you many benefits (and are safer in these tough times). Here are a few reasons you should consider bidding in online auctions.
If you collect glassware or are interested in the hobby, auctions can be a great place to find unique pieces. Antique glass can be fun to find and collect, especially if you can get some good deals. Antique glass is beautiful and can be valuable for resale too. Here are some tips that can help you start collecting.
It is exciting to find a great deal on used farm equipment at auction. This is especially true if the equipment is in great condition and you didn’t go over budget. Before you even go to an auction, though, you should think about how you will transport your wins.
Online auctions are known for their convenience. You can find almost everything at these events, from collectibles to electronics to heavy equipment. But, you should also know that you could run into some trouble at online auctions. Here are some bad signs to watch for.