Sold to the Highest Bidder

 For years we have lugged around more storage containers and cardboard boxes then I would care to admit. The contents are leftover items from Nic's days as a collectibles dealer in Snohomish, WA. Sometime last fall we decided to restart the business of buying and selling yesteryear's treasures. Once we finished digging through everything our next step was to build inventory. That's when we began hitting the auction circuit. Besides the twice weekly events at Sunset Auction in Edmonds, WA, there is the twice monthly auctions at Tuxedo Antique Mall in Duvall, WA. 

Take it from me. If you want to save money, auctions are the way to go. Getting an oriental rug or complete dining room set at a fraction of retail prices is typical. Dishes and stemware provide some of the best bargains. Artwork and lawn art alike can be bght dirt cheap. But to capitalize in this environment you need time and patience. Not something most shoppers possess. Persevere and it's like winning the lottery. Besides individual lots (single items) there are box lots. And they are pretty much what the label says, a container full of different items sold as one unit. Acquiring goods in this manner are the most economical but not every auction house offers this type of merchandising.

 

Emerald City Goods

As autumn progressed we slowly built an inventory requiring many hours of sorting, pricing, tagging and cataloging. Our two distribution channels were Ebay  and the Waterfront Antique Mall in Edmonds, WA. Choosing which one to use depended on the specific item. Larger expensive items tended to go online first and then transferred to retail if it failed to sell. The appeal of an item and where the appropriate buyer could be found was the basic guide. We also had to consider logistics like shipping once Christmas drew near. 

Important in all this process was pricing. Not only the research required to put a proper price on each piece but also the psychology behind getting buyers to buy. We started the venture with minimal discounting and adjusted things as time passed. Since the holiday season is over and buyers have closed their wallets we decided to close down the booth and solely use online selling for the next few months. So we packed up all those boxes and containers and stowed them away once again. Don't be surprised if you hear about a yard sale or two when the weather improves.
 

 

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