Everyone Collects Something, But Then What?
Whether you realize it or not, we all collect something. Whether it’s rare books, swizzle sticks, Fabergé jewelry, fishing lures or artwork, we’re all guilty…but guilty of what?
Some people may collect items as investment pieces for resale, while others may collect just for fun (hence the swizzle sticks). However, for some people it’s about more than that…it’s about the quest…the lifelong never-ending pursuit. I like to think of that as a form of “therapy.”
I have worked with many people in estate situations where families have been bequeathed with an inheritance of some sort of personal property or collection. Nine times out of ten what happens in these situations is that the family typically isn’t particularly interested in this collection, or at least not nearly as interested as the original collector was. The surviving family members may each take an item from the collection to remember their family member, but then they decide to auction the collection and divide the proceeds. This makes a lot of sense.
When it comes to collections, the auction method of selling brings both collectors and “wannabes” to the table. The auction creates a sense of urgency, and provides a fantastic platform to showcase and highlight the variety of goods comprising a particular collection. Some people spend their entire lives collecting a particular genre. Collections can be quite extensive and exquisite, and I believe the auction method is absolutely the best way to sell a collection. The auction method allows items to be sold on a unique platform that would have surely made the original collector proud! A proper catalog, with detailed representation of the collection, online marketing, and competitive bidding along with strategic marketing aimed at locating other people with similar interests or collections are all factors that make such an auction work.
In conclusion: I encourage collectors of collections to continue to collect! When you’re ready to sell your collection, give me a call.
Baldini Auction Company Featured on Gavelhost
Our dear friend Patti Baldini has hung out her shingle as head auctioneer and proprietor of a fine homes and charity fundraising firm newly established in the Nashville area. Patti is well known and much appreciated by her loyal middle Tennessee following. Her new website and brand will allow her to further define every aspect of her offering as she seeks to raise both buyer and seller satisfaction to new highs.
Auction Business Alive and Well
The auction business is alive and well in Middle Tennessee! Traditionally, New Year’s Day is a huge day for auctions, and this year was no exception. Free black eyed peas and cornbread were certainly a good draw for those live auction events!
Crowds were good for both live auctions and online auctions. What sold for decent prices, you ask? Furniture accent pieces seemed to top the list, though chairs, bookcases, lamp tables, sideboards that could double as living area accent pieces, and other smaller furniture items also seemed to sell well. Larger furniture items like step back cupboards, oversized armoires, and large rugs seemed to be excluded from pieces that were selling well. In addition, coins and firearms also appeared to perform well.
It looks like we are gearing up for a great year for auctions in 2015!
And so I began…
I am an auctioneer. After 22 years in the auction industry I decided to start my own auction company, and so I began. 20 years ago, I would have been shopping for the best sound system, but fast forward to the present and I am shopping for the best online tools. After purchasing my first domain, I called customer service to confirm my order. I like to hear the sound of a person’s voice; go figure. I guess that’s the auctioneer in me… Anyway, the customer service rep was so comforting and he made me feel confident about my domain choice. That felt good, and I felt empowered. I want to do the same for my auction clients. In opening my doors, I hope to be of service to my clients and make them feel empowered. Auctions can seem terrifying — and believe me, there have been times in the past when I have felt terrified. What I have learned, however, is that as long as I am passionate about my industry and continue to learn and hone my skill sets, I will continue to be successful.
So, welcome readers and followers. I’m glad you’re here! In this blog, I’m going to give you a little insight into the auction industry and let you in on the latest, the greatest, the scoop, the skinny, and the not so much.