#667918
Mon Oct 03 2016 09:31 AM
|
Joined: Jan 2013
Posts: 3,423 Likes: 19
Veteran Member
|
OP
Veteran Member
Joined: Jan 2013
Posts: 3,423 Likes: 19 |
just wanted to start a thread where we could talk about the auction, since I think there are plenty of people watching it from their PCs today.
prices seem low on several things to me. $1800 for a working porcelain Service arrow neon? seems cheap.
|
|
|
Please - NO offers to Buy or Sell in this forum category
Statements such as, "I'm thinking about selling this." are considered an offer to sell.
|
|
|
Joined: Jan 2013
Posts: 3,423 Likes: 19
Veteran Member
|
OP
Veteran Member
Joined: Jan 2013
Posts: 3,423 Likes: 19 |
common globes also seem to be going for good deals
|
|
|
|
Joined: Apr 2012
Posts: 264 Likes: 3
Petro Enthusiast
|
Petro Enthusiast
Joined: Apr 2012
Posts: 264 Likes: 3 |
On the surface prices look to be down on some more common items but those good deals tend to disappear when you add the buyers premium and the state tax.
|
|
|
|
Joined: Jan 2013
Posts: 3,423 Likes: 19
Veteran Member
|
OP
Veteran Member
Joined: Jan 2013
Posts: 3,423 Likes: 19 |
True. And shipping sometimes
|
|
|
|
Joined: May 2012
Posts: 140
Petro Enthusiast
|
Petro Enthusiast
Joined: May 2012
Posts: 140 |
Is there enough money to go around?
Besides the auction today, there is the Mecum sale later in the month. I have also received 2 catalogs, for two other sales conducted by Morphy, to be held this October.
Granted, not every auction is Gas/Oil/Automobilia but there many of us enjoy a variety of categories. I probably would not have held back as much this weekend if it were not for these other interests.
|
|
|
|
Joined: Jan 2013
Posts: 3,423 Likes: 19
Veteran Member
|
OP
Veteran Member
Joined: Jan 2013
Posts: 3,423 Likes: 19 |
people are certainly holding back... watching lots of globes, even uncommon ones, go for less than half of actual value
|
|
|
|
Joined: May 2012
Posts: 1,871 Likes: 48
Veteran Member
|
Veteran Member
Joined: May 2012
Posts: 1,871 Likes: 48 |
I think they have flooded the market, too much too often. I watched some of it today and have to admit I thought there was some crazy good deals. The clock is ticking.
Have gas all the time
|
|
|
|
Joined: Oct 2011
Posts: 200
Petro Enthusiast
|
Petro Enthusiast
Joined: Oct 2011
Posts: 200 |
i picked up two globes for about 1/2 of what they sell for normally. i think the buyers premium is too high but i figure it into my bid. if i get it great if it goes crazy with the bp then no big deal.
|
|
|
|
Joined: Jan 2011
Posts: 466 Likes: 1
Petro Enthusiast
|
Petro Enthusiast
Joined: Jan 2011
Posts: 466 Likes: 1 |
I never goes to an auction but it seems prices are changing a bit recently, is it the same in America than Europe ?
here for the moment I see prices going down via internet ( ebay, classified, auctions, ... ) and going up in swap meets, shows or specialised sales
a few years ago it was the opposite, it was cheaper to buy in flea market than on the internet
|
|
|
|
Joined: Mar 2011
Posts: 423
Petro Enthusiast
|
Petro Enthusiast
Joined: Mar 2011
Posts: 423 |
I think condition was off on several pieces in that auction plus I think Mecum sale coming up had a lot to do with some of the prices. Also just so happens the stuff I liked went high but oh well it was still fun to watch.
|
|
|
|
Joined: Jan 2009
Posts: 5,980 Likes: 24
Veteran Member
|
Veteran Member
Joined: Jan 2009
Posts: 5,980 Likes: 24 |
I think that as people have stated here, 1) Tired of the increasing premiums. 2) Too much to auction in a short period of time. 3) Too much shipping cost. 4) Too high of prices with all the above. 5) Feel bad for the sellers also.
Just watch now and think of where else to sell or buy.
Last edited by Craig Osbeck; Mon Oct 03 2016 06:53 PM.
Craig
|
|
|
|
Joined: Nov 2000
Posts: 7,791 Likes: 9
Veteran Member
|
Veteran Member
Joined: Nov 2000
Posts: 7,791 Likes: 9 |
This one go by me, what auction are we talking about?
Jack Sim
Author, 1st & 2nd editions of Gas Pump ID book, 3rd edition is now available at www.gaspumpbible.comAir Meter ID book also available
|
|
|
|
Joined: Mar 2002
Posts: 6,772 Likes: 1
Veteran Member
|
Veteran Member
Joined: Mar 2002
Posts: 6,772 Likes: 1 |
Jack, Morphy's had a 2 day sale.
Wanted: Gas pump globes:Sinclair & affiliates, IL companies. Ripple bodies. Anything Sinclair, Stoll, Pierce, 4 Bros. http://www.lastgas15.com/
|
|
|
|
Joined: May 2012
Posts: 140
Petro Enthusiast
|
Petro Enthusiast
Joined: May 2012
Posts: 140 |
When selling your collection at Morphy, Mecum or BJ auction, does anyone know about what the percent commission is to the auctioneers?
Also, does the sale generate a 1099 requiring the seller to claim the proceeds as income?
|
|
|
|
Joined: May 2012
Posts: 1,871 Likes: 48
Veteran Member
|
Veteran Member
Joined: May 2012
Posts: 1,871 Likes: 48 |
Have gas all the time
|
|
|
|
|