December 14, 2017 · Bean Bags · (No comments)

Submitted by: Simona Rusnakova

Have you ever thought about buying antique furniture? Have you ever wanted to go to an antique furniture auction? If the answer to these questions is yes then you may have found yourself stumbling over a few areas. The first area would be how these auctions work. Another is who you will be buying from. The hardest part of all this may be actually finding the auction you want to go to.

How antique furniture auctions work

Knowing how antique furniture auctions work is very important. The first fact that you need to know is that each auction house may have house rules. You should find out what these are before you attend the auction. Of course there are some rules that apply to all auctions. The first is that items will be displayed before they are auctioned off. This viewing time may be on the auction day or days before the auction. Most auctions will have a catalogue with a listing of what is going to be auctioned off. This listing will generally have a picture of the item, a description and what the starting bid will be. Once the auction starts the auctioneer will state the item as well as the items number and then start the bidding. If no bid is given for the opening price the price will be lowered. The bidding will continue until there are no more bids. The last and highest bidder will win the item. Some items have a reserve on them and if the reserve price is not met then the item will remain unsold.

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Who will put up antique furniture for sale?

Now you may be wondering who is putting up their antique furniture for sale. The answer is you could be buying from a range of people. Antique dealers will often use auctions as a way to trade their inventory. Private sellers often use auctions as they can get a better price for the furniture than selling to a dealer. Estates and banks sometimes use auctions as a way to sell repossessions and furniture that needs to be sold.

How to find an antique furniture auction

One problem that a lot of people have is finding an antique furniture auction near them. There are a few ways you can go about this. One is to find your local auction house. They will generally have a listing of the upcoming auctions and what will be sold during them. If they are not going to be having a furniture auction you could ask them about any that they know of. The newspaper is a good place to look for auctions as well. Smaller auctions may advertise in the newspaper so keep an eye open. There are online directories and forums where you can find out about auctions in your local area.

An antique furniture auctions is a lot of fun but you must be serious when you go. It is best to go to an auction in your local area as you may have to transport the items you win yourself. Also finding out what the rules of the auction house are is very important before you go to the auction.

About the Author: This article was submitted by Simona Rusnakova,

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