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October, 2019 The Antique Shoppe Page 23
Market Value … each of these components is what make Auctions work. From
WHAT’S IT WORTH ANTIQUES MINUTE the days of the Early Roman Empire, when Auctioneers traveled with the Army
and sold the spoils of war, to today’s Live Auctions, eBay, and Online Bidding
BY: Mike Ivankovich Platforms, Auctions work because of the competitive bidding process. And
never forget that the #1 reason people attend Auctions is in pursuit of a bargain.
Looking for a bargain? Then attend an Auction and have some fun.
Why Do Auctions Work? Mike Ivankovich is an Auctioneer, Appraiser, Home Downsizing Expert, and host of the “What’s It Worth? Ask

I’m an Auctioneer. I believe in the Auction Method Mike the Appraiser” Radio Show. Now in its 5th year, “What’s It Worth” airs live in the Philadelphia PA area
on Friday mornings from 9:30-10:30 AM EST on WBCB 1490 AM, and on the Internet at: www.WBCB1490.
of Selling. And I love the Auction profession. And com. You can also visit his Radio Show Web Site: www.AskMikeTheAppraiser.com If your local station doesn’t
you’re probably thinking that as an Auctioneer, carry “What’s It Worth” tell them they need to add it to their programing mix. If you know anyone who needs
I’m going to tell you that Auction is the ideal any Personal Property Appraisal work, or if you need a Speaker for an upcoming meeting or event, call Mike
at (215)-264-4304, or visit: www.michaelivankovichappraisals.com
selling option in all situations. It is not.
While selling at Auction does work for
many people and in many FANNING SPRINGS
situations, there are just as
many situations where selling “explore the difference”
at Auction is not the
correct approach. I Point of View
tell clients that almost
every day. Antiques
What precisely is an Auction? One very basic definition would be:
A Method of Selling 17452 US Hwy 19 N
That Unite Buyers & Sellers in a Public Gathering Fanning Springs www.PointofViewGifts.com
To Help Determine Fair Market Value 10-5 Monday-Saturday
By Selling Goods In A Competitive Bidding Situation. (352) 463-0718 Now Open Sunday 11-4
Let’s take a look at this definition and break it down—
A Method of Selling: First, Auctions are a “Method of Selling”. Most have collectibles, wood carvings, jewelry, gifts and more
heard of the “Retail” and “Wholesale” methods of selling. Auctions are simply a –DEALER SPACE AVAILABLE– 33
different approach to selling Real & Personal Property.
That Unite Buyers & Sellers in a Public
Gathering: Both Retail and Wholesale WILLISTON - REDDICK -
transactions can theoretically be
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the more effective the Auction will be.
Hence, Auctions work best in a Public Dixie’s Antiques Mall Reddick, FL 32686
Gathering with multiple bidders. Antiques, Collectibles & Gifts 352-591-1221
OPEN
To Help Determine Fair Market 112 W. Noble Ave. Tue-Sat 10-4
Value: In both the Retail and Wholesale Williston, FL 32696 - OPEN DAILY 10-6 -
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price, or walking away. With Auctions, Open 10-5 Mon-Sat
the bidders set Fair Market Value by 34 BackDoorAntiques.org · 352-528-0769 ANTIQUEEMPORIUMFL.COM
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By Selling Goods in a Competitive
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& Sellers … Competitive Bidding … Fair 38 Check out our albums on Facebook 40 41