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Re: Tonight's Auctions 

By: micro in 6TH POPE | Recommend this post (1)
Thu, 24 Oct 24 4:24 PM | 22 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 59774 of 60008
(This msg. is a reply to 59769 by De_Composed)
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Nice area rug De!

Question.

Are you guys just bidding on stuff that YOU are interested in having or do you maybe plan on trying to re-sell some of this stuff at a good profit? I like the resale aspect of it especially if ya can make really large returns.

BUT, if it is all things you want or need and will utilize, then y'all are getting great prices on those things.

And you guys are having fun while doing it!
Nice job!


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The above is a reply to the following message:
Re: Tonight's Auctions
By: De_Composed in 6TH POPE
Thu, 24 Oct 24 6:43 AM 		Msg. 59769 of 60008

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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