Monday, March 22, 2010

Houston Antique Auction Reviews

When you walk into the large metal building positively filled with items ready to be sold at low prices, you are greeted with a lively atmosphere. People of all ages and backgrounds greeting each other with hearty handshakes and talking excitedly while waiting for the fun to start. Most of these people are looking to resale these products at a substantial markup in shops around the city. Some others are just buying for themselves to add to their collection of antiques. One thing everyone has in common is the anticipation of a really good deal.

We've been going to auctions around Houston for over 5 years now and it really is a fun way to spend the evening. There are a few that stand out for us. Greg Majors Antique Auction is a great place to get a good deal on furniture, but as with any auction, you have to thoroughly inspect the goods before bidding. Although most items are of good quality, there are some that are not quite as nice. If you watch out for the duds, you can get some good deals with a nice resale value.

A great place for small items is Kim's Korner Antiques in Richmond. They have had some really nice items from some recent estates that are great for eBay sales. The interesting thing about the rise of eBay is the increased value of small items. With more people starting online businesses, any moderately collectible small item can be quite expensive. Everyone wants something they can ship easily. With this now the case, its much harder to find values in this area. Kim's Korner is one of the few places where this is possible.

There are other decent auction houses around town, but these are the best values. Morton Kuehnert Auction House has some quality items up for auction, but the prices are generally higher and with their recent increase to a 20% buyers premium values are few and far between. Apparently their pending move to the Galleria area is going to be expensive.

We still attend auctions regularly, but most of our items we sell we pick up from alternate sources. If you are not looking for furniture, its really difficult to pick up new inventory at an auction that can be sold for a profit. The rising popularity of these venues increases prices leaving sellers looking for other sources of inventory.

1 comments:

  1. Thank you for all the great posts from last year! I always get great information from your blog. God bless you this 2010.

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