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Buying at a Phoenix Antique Auction


Are you thinking about buying or selling antiques at a Phoenix auction? This article is designed to provide you with the details on how an antique auction works and the kinds of items you might find. Specifics may vary from auction to auction; however, the following information includes helpful and important guidelines from which everyone can benefit.

Antique auctions in Phoenix happen all of the time! You can find many treasures - some of which you may have been searching for years. Most auction houses post their schedules online with a list of items. Some of the items you may find in a Phoenix antique auction are:

- Antique furniture
- Vintage clothing
- Collectible items
- Treasured household goods
- Valuable artwork

You can get antiques at an auction for much cheaper than you would pay a dealer. But be careful - there might be some stiff competition (those pesky antique dealers!) out there trying to outbid you. Just remember, set a budget for yourself and try not to exceed it.

How does an antique auction in Phoenix work? In today's day and age, there are basically three types of auctions:

Simulcast Auctions: Live bidders are physically present onsite at an auction compete against online bidders who have either placed proxy bids or are bidding live in real time. This is a common type of auction.

Live Auctions: Only bidders who are physically present at an auction onsite are able to bid. These auctions usually have a notation that reads "Sorry No Online Bidding."

Online Only Auctions: Only registered online bidders are able to bid and complete against other registered bidders. These auctions usually have a notation that reads "Online Only."

In addition, here are some auction industry terms that will help you understand your responsibilities as a bidder:

Absolute Auction: All items in the auction will be sold to the highest bidder, regardless of the bid. There is no reserve or minimum on the item for bid.

Auction with Reserve: Some or all items in the live Arizona auction have a minimum bid that must be reached by a bidder before the auctioneer can sell the item. This type of auction is reserved mainly for items with a high value such as construction equipment, homes or commercial real estate properties.

"As-Is" or "Where-Is": In these types of auctions, there is no warranty on the merchandise and the bidder is responsible for removal from the auction location. This means that the bidder must rely on their own inspection and knowledge to make bidding decisions.

Choice: Auctioneers use this buying option when more than one product is being offered for sale. The bidder may bid for an individual item, and the winning bidder may take as many of the set as they wish. If the bidder does not want all of the items, the remainder items go back up for sale at the same price to any bidder.

All for One Money: Multiple items are being offered for sale and the bidding price is one amount for all of the items. Bids for individual items are not accepted.

So Much Each & All Go: Multiple items are being offered for sale and the bidder's price is per item, however; the bidder must take all the items.

Sold: When the auctioneer says the word "sold" or the gavel falls after the bidding has ceased, that means the item is sold as the auctioneer directs to the clerk. The bidding cannot be reopened after the word "sold" is said.

Final Word: The auctioneer has the final word in all bidding situations. If the ringman took your bid and the auctioneer did not see the bid, the item is sold as the auctioneer directs.



Deb Weidenhamer is CEO of Auction Systems, the Southwest's most active auction and appraisal company. Check out our website for the next scheduled Phoenix antique auction or call 800-801-8880 for more information.

Article Source: ArticlesBase.com


is your home full of decorations or is it very plain..?
either is fine.. just wanted to know ! mine's very plain .. thing is, my mum doesn't like to fill up the home with decor cuz it looks like an antique store instead of a home :p .. but some artistic people can pull it off.. one of my friends' house is full of portraits, sculptures, clay models, jewelry, awards .. and what have you .. all in the living room too .. wow

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Were can i sell Antiques? In Monterey County?
Hi do Antique store buy antiques? were in Monterey county ?

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for any legal savvy people, please help answer!?
1. Margaret owned an antique store that specialised in rare porcelain dolls. When she opened the business in 1989, it was at a shop in an eastern suburb of Melbourne. In 1999 she started to advertise on the Internet and by 2006 the business had grown to the point where she needed help to keep the business going. After a family discussion one night at the kitchen table in July 2006, it was agreed that Margaret would probably keep the business going for another couple of years and then retire. Emily, her youngest daughter and aged 16, would work in the shop as long as was needed and in return, she would receive any unsold dolls. When Margaret retired at the end of 2009, she decided that she would give the unsold stock to charity and they could auction it and keep the proceeds. Advise Emily. 2.Richard, an impoverished university student, and his millionaire father enter into an arrangement where Richard agrees that he will keep the front- and backyards of the family property mowed, and he will ?do a bit? to keep the gardens looking tidy. In return, his father agrees to pay him a weekly allowance of $200. His father had previously used a garden contractor to do the job and paid him $350. They live on a one-hectare property, and the mowing alone takes half a day a week. After four weeks, Richard?s father tells him that he can?t afford to pay $200 a week. He says that Richard should be doing the work for nothing, as it is the responsibility of the whole family to look after the property; besides, he says, Richard is getting free board and lodging. Advise Richard. 3.Jenny received a circular from Beauty and the Beast Hair Salon advertising massages and manicures for $10. Realising that this was an exceptionally good deal, but not surprised because she knew that they had only just opened and were running a number of good opening specials, she rang and made a booking. When Jenny arrived at the salon she was told that there had been a mistake on the circular and it should have said $100. The manager of the salon explained that this was still a good price because normally a massage and manicure would have cost $150. Jenny was furious, as it had taken her 30 minutes to get to the shop by car and if she had known it would cost $100, she would never have made the booking. Advise Jenny. Would your advice have been any different if Jenny had the massage and manicure before being told that the cost was $100? Would she have to pay the full price? 4.4. Bruce, while he was so drunk that he didn?t know what he was doing, bid successfully at an auction for the purchase of a house. It was clear to the auctioneer that Bruce didn?t know what he was doing. However, after Bruce sobered up he confirmed the contract with the auctioneer. He then subsequently refused to complete the contract. Is Bruce bound? thank you for reading this giant wall of text its not my homework, my good friend, who cannot speak english well, asked me for help, but i have no idea about consumer law, etc, as i am majoring in psychology at uni +_+

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