LOL not a pro but when I see a bill with an item I'm interested in I check on the average price of the item, like a tool or in the case of used equipment dealer asking price. Then I set my price. I do this because I pay in cash. So I only take what I may need. Basically I price what I will pay at 80% or less depending on condition. That's not being a pro. That's protecting me and my money. Like with tools I know what I need that I don't have and what it would cost me to buy them new. So if I see something I know what to bid to keep me happy. Where I don't like it is when items take a long time to sell of the auctioneer drags it out when no one is bidding. Sometimes I'd really like to go and do other things but have to wait to get to the item I'm interested in. Plus the auctioneer is messing himself over. If I get out bid that means I have money in my pocket and there may be other things I would bid on. If it's dragging out way too long I leave and take that money with me. I may not get another item but I may drive the price up higher which in any case in the sellers and auctioneers interest. I attend auctions to buy what I want or need. It's not entertainment to me. I always have other things to do.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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