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Is the above item for sale worth £850, wich it is currently bid, and if worth more or less how much is it worth at auction / trade price / client price?
Just wondering as it looks a lovely grandfather clock which looks in good condition.
I was just clearly stating from the logic you said, it may be possible to make a profit buy buying from an Auction and selling on the Balumming Bay of all places. !
Just found it very funny as The Bay is meant to be cheap.
Of course you will not always make a profit but evidently it may be possible, I supose it depends on the day, I wasn't be complacent... At least I don't think so,
Obviously you may get a good day were people are buying to make a profit at trade prices, or two private indivuals could make the price go over estimate, I think that is right so far, but talk about quick profit, if you could (IF) buy a grandfather clock for £500 + 15% Commision = £575, then sell for £920 on the Bay that is a nice £345 profit, that is just an example, I not being complacent John, just stating a very ideal situation, but obviously it wouldn't always work coz hey everyone would be doing it.
Indeed, because they are buying at retail and selling at around trade price.
+ They are only buying smaller items, at retial price....
Also have you senn Paul Martin - Trust me I'm a Dealer, he always seem to make anice profit even out of £500, so he buys at trade and sells to shop for a bit moire than trade I believe or his clients which pay a premium for him doing the dirty work, so when you don't buy from fairs at retail and buy from trade, like he is, surely it is easier to make a profit, anyway I would love you to shoot me down John and say I am worng.
BARGAIN HUND IS A BIT BACKWARDS....WHY ON EARTH DO THEY BUY AT AN ANTIQUE FAIR OR ANTIQUE SHOP AND SELL AT AUCTION? WOULD THEY NOT STAND A BETTER CHANCE IF THEY BUY AT AUCTION AND SELL VIA A STALL AT AN ANTIQUES FAIR?, THAT WAY MORE PEOPLE WOULD COME AWAY WITH A PROFIT, AND IT WOULD SHOW HOW HARD THE GAME REALLY IS.....DONT KNOW WHETHER THAT WOULD MAKE GOOD TELEVISION.....
ADVANCED....I HAVE FOUND THAT HOUSE CLEARANCES ARE A GOOD WAY OF MAKING PROFIT.... BUYING SINGLE ITEMS OFF A FAMILY OR PERSON CAN STILL WORK BUT PEOPLE HAVE A NASTY HABIT OF THINKING THEIR ITEMS ARE WORTH MUCH MORE THAN THEY ARE..
BARGAIN HUND IS A BIT BACKWARDS....WHY ON EARTH DO THEY BUY AT AN ANTIQUE FAIR OR ANTIQUE SHOP AND SELL AT AUCTION? WOULD THEY NOT STAND A BETTER CHANCE IF THEY BUY AT AUCTION AND SELL VIA A STALL AT AN ANTIQUES FAIR?, THAT WAY MORE PEOPLE WOULD COME AWAY WITH A PROFIT, AND IT WOULD SHOW HOW HARD THE GAME REALLY IS.....DONT KNOW WHETHER THAT WOULD MAKE GOOD TELEVISION.....
ADVANCED....I HAVE FOUND THAT HOUSE CLEARANCES ARE A GOOD WAY OF MAKING PROFIT.... BUYING SINGLE ITEMS OFF A FAMILY OR PERSON CAN STILL WORK BUT PEOPLE HAVE A NASTY HABIT OF THINKING THEIR ITEMS ARE WORTH MUCH MORE THAN THEY ARE..
HOPE THAT MAKES SENSE ,,,ITS VERY EARLY
"It is very early" - Tell me about it mate, I could not sleep... ! Haha.
But I agree they do a show were he buys from auction / trade price and trys to sell to shops and private clients and he normally makes a fair profit like 40 - 80%, have you seen it, it is called Paul Martn - Trust me I'm a Dealer.
On Bargain Hunt, they are like buying from BlockBuster, then trying to resell on Ebay something they have brought and make a profit, which is very hard to do as because as soon as you purchase something it normally becomes worth at least a little less, as a lot of people would rather buy from a shop / fair, instead of an auction, as a bit safer, plus they have to pay commision at auction, Paul Martin's show, and Put Your Money Were Your Mouth is had Tim Wannocott / David Harper and they brought from auction / trade price and sold to clients / at the fair / to shops, I believe this is the best way not buy from antiques fairs as they normally don't give you a special trade price but stick to retail i the hope that people are buying the products because they like them / they are a collector, other than trying to make a quick buck.
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