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Furniture Auction Yesterday

October 14th, 2013 at 08:16 am

Yesterday was the furniture auction for the items I let go of to clear some space in the attic and make some extra cash.

The auction house is in my town, and over the last few years I have bought several items from them. As a buyer, the prices are on par with Craigslist, but then you have to pay a 10% buying fee and tax. As a seller, you net a little less than Craigslist because you pay a 35% selling fee. The advantage is that around 600 items are sold at each auction. So you are bound to find several items you like as opposed to driving from home to home to look at Craigslist items. A lot of antique dealers frequent it to fill their shops.

I had 9 items go up on the auction block, all 9 sold for a total of $660.00. One antique Victorian couch sold for $120, down to a white wicker bedside tray sold for $10.

The house takes a 35% cut, so I will get a check for about $430.

There are 2 items that did not make it into this auction, maybe they will get in the next one in 2 weeks.

I thought it would be an exciting day, but it was sad. I maybe should not have gone. These are items I inherited and carted from state to state as I moved because I thought of them as sentimental or high quality. But ultimately they have been in attic storage since I got them because I do not have a use or room for them. I does not look like we will be moving anytime soon, so they were slated to stay in the attic indefinitely.

But seeing poker faced strangers bidding on the items and seeing them sell for not a lot of money made me sad. I do not know where they are going, and do not have the satisfaction of knowing that they are going somewhere to be used, admired and appreciated. I am sure they are...it is just that I am used to Craigslist where you meet the buyer and you can explain the history of the item.

Anyways, the attic is emptier now. I STILL have stuff up there that I can not part with even though I can not find a place for it in the house. Husband is just thrilled that about 50% of the attic is clear.

My check will be sent to me within 2 weeks. I'm not sure where I want to put the money. We will have a baby at that time, so it will probably pay for a hospital bill.

3 Responses to “Furniture Auction Yesterday”

  1. creditcardfree Says:
    1381751563

    I think you did the right thing selling.

  2. mamasita Says:
    1381753645

    I also think that you made the right decision, it's just the physical stuff you sold, not the family memories.

  3. rob62521 Says:
    1381762458

    You did the right thing and the money will serve you well. Fifteen years ago I sent the bedroom suit I had as a child to the auction. It was antique, mahogeny, and in decent shape. However, we were moving into a smaller house and I did not have room for it. I did not go to the auction because I didn't want to see it go. I looked at it this way: I enjoyed the furniture and now someone else can and whatever we got was more than we had at that point.

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