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Re: Tonight's Auctions

By: De_Composed in 6TH POPE | Recommend this post (0)
Thu, 24 Oct 24 6:43 AM | 9 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 59769 of 59769
(This msg. is a reply to 59601 by De_Composed)
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Our basement is mostly a single open room with a wood floor. There's a lot of echo, so we've been buying carpets at auction for some time, hoping to cut the echo down. Tonight we won a beautiful 12 x 15 Polypropylene rug by Loloi, part of its Stanley Collection. If you don't know what that is, that's fine. We didn't either. It's a rug - a really big rug, in spotless condition.

After winning it, I'm looking into it further and finding it was made in 2016 and that Loloi's "Stanley Collection" came in many sizes. The 12 x 15s sold for between $1,200 and $1,600 at various retailers (all sold out now), though one of the internet ads said the rug advertised (very much like ours) was discounted to $1,400 from $3,000.

We won ours for $33 plus a 15% auction house fee, so $37.95.

The photos below are the auction photos. We'll be picking the rug up on Saturday.




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Re: Tonight's Auctions
By: De_Composed in 6TH POPE
Sat, 19 Oct 24 9:34 AM 		Msg. 59601 of 59769

There were four auctions Thursday. We won 15 lots at auction #1 while spending just $20. That's got to be some sort of a record. At the other three auctions, we won just nine lots and spent a more typical $90. (Plus auction house fees of between 15% and 18%.)

One of the "wins" was a thermometer / hygrometer for $11. It turns out that it, or something very much like it, sells new at Tractor Supply for $9.99. So I blew it. I don't make mistakes like this too often, but once in a while. After participating in dozens of auctions and seeing, literally, thousands of items come and go, I sometimes remember (or I think I remember) what things previously went for and what they must be worth. That's bad logic! You've got to do your homework and know where to draw the line when buying other people's junk. Fortunately, I didn't make too big of a mistake this time.

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