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Bidding On Blind Auction Lots

 
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Pillar Of The Community

United States
791 Posts
Posted 07/17/2015   08:47 am  Show Profile Bookmark this topic Add 1typesetter to your friends list Get a Link to this Message
There is an auction ending today that has an intriguing lot which is estimated at $150-$300. Bidding is up over $425. Unfortunately there are no pictures. I have gambled on such lots in the past and in some cases got burned and other cases made out very well. However, I usually stick to around the estimate price.

Has anybody had success asking the auction house for photos? Is this something commonly done?

I'm reluctant to ask because I know there's a lot of work involved and the house would probably rather spend the time and effort on running the auction.

Thoughts?

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Bedrock Of The Community
United States
10632 Posts
Posted 07/17/2015   08:52 am  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
Depends on the auction. For such a low value lot at such a late date it might not happen, but it frequently does on lots when there is more time.
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Pillar Of The Community
United States
8436 Posts
Posted 07/17/2015   09:16 am  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
Call the auction house on the phone ,well ahead of the auction and ask one of the describers to view the lot and ask questions. I do it all the time . It should take 5 to 10 minutes .
You have to understand bidding sight unseen is a very big gamble .Many firms, always place a few lots in their auctions geared to the bidder who bids sight unseen .
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Pillar Of The Community
United Kingdom
8582 Posts
Posted 07/17/2015   09:59 am  Show Profile Check GeoffHa's eBay Listings Bookmark this reply Add GeoffHa to your friends list  Get a Link to this Reply
By the nature of auctions, I tend to bid sight unseen, because it isn't practical for me to attend sales. I've bought a couple of turkeys over the years, but, in general, I've been pleased with my purchases. Does help if you've dealt with the house often enough to have a sense of how it conducts its business. I wouldn't have any qualms about asking for further information, although not on the day of the sale itself.
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