Posted by bighornJD on March 29, 2009 at 07:47:54 from (24.112.128.205):
In Reply to: Poor Economy??! posted by Howard H. on March 28, 2009 at 18:54:21:
Yeah, people aren't afraid to spend money at consignment sales and auctions because they're mostly buying used equipment and they think they are getting a good deal and saving money where as in a good economy they'd run off to the store or dealer and buy new. The fact is a lot of people still have to buy materials and supplies or update old equipment to stay in business but they can't afford to run out and buy brand new stuff either. It seems like around here the local sales that occur on a regular basis or every year are drawing in much larger crowds and fetching much higher prices than ever before. I went to one last weekend and there's no way I would pay even close to what some of the junk was bringing. And you couldn't hardly get within 50 feet of any of the auctioneers without forcing your way through the huge crowds of people. Around here, used equipment sales and repair work have been picking up business, but sales of new stuff are way down in the hole.
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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