Tuesday, February 19, 2013

Auctioneers, the Original Recyclers

Earth Day is coming in April.

When you think Earth Day, you think Recycle. When you think Recycle, think Auctions!

Auctioneers have been recycling goods for centuries. During the Roman Empire, soldiers would auction the spoils of war to help fund the war effort. More modern auction houses have been around since the late 1600’s. Word famous Southerby’s was established in 1744, and Christie’s in 1766.

At the close of the American Civil War, auctions were used extensively to dispose of surplus assets as well as war spoils. Only officers ranked Colonel and above could serve as an auctioneer.

Most Colonels, having better things to do, would often give spot promotions to subordinates to the rank of Colonel, so they could conduct the auction, and then immediately demoted them when the auction ended. The title of Colonel has been used by Auctioneers ever since.

Over the centuries, auctioneers have been called on to sell just about everything. Buyers and sellers alike enjoy the rapid nature of auctions that gets assets sold quickly through competitive bidding.

In today’s economy, auctioneers tend to specialize in either markets or assets. For example, you’ll find auctioneers specializing in fine art, livestock, collectibles, coins, guns, household property, heavy equipment, and so much more. Even junk and scrap cars are sold at auction, with prices based on the current scrap metal market.

Real estate has become one of the fastest growing sectors of the auction industry. Rather than waiting for someone to present an offer, many sellers like knowing their property will sell on a specific auction date, and that they are likely to benefit from having multiple bidders fighting for the property.

What better way to recycle, than to have an auctioneer sell your unwanted goods, to someone who readily wants them and is willing to pay top dollar! And by some strange coincidence, we can help you do that!

Schur Success Auction & Appraisal. Recyclers!

No comments: