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Deciding whether or not it is worth selling things at an auction depends on various factors such as the value of the item, the type of auction, and the fees involved. In general, auctions can be a great way to sell valuable items quickly and potentially for a high price, but they may not be the best option for every item or seller.

One of the primary advantages of selling at an auction is that it can attract a large number of potential buyers, including collectors, dealers, and investors. This can create competition and drive up the price of the item, resulting in a higher sale price than if it were sold through other channels such as a private sale or consignment shop.

However, it’s important to keep in mind that the success of an auction depends on the type of auction and the reputation of the auction house. Some auctions are specialised in certain types of items and may have a more targeted audience. Additionally, reputable auction houses can help ensure that the item is accurately described, properly promoted, and attract the right audience. Therefore, it’s essential to research the auction house and their track record before deciding to sell an item through an auction.

Another consideration when deciding whether or not to sell at auction is the fees involved. Auction houses typically charge a commission, which can range from 10% to 25% of the sale price. Additionally, some auctions may have additional fees such as photography, advertising, and insurance. These costs should be factored into the decision to sell through an auction.

Finally, it’s important to consider the value of the item being sold. Auctions can be an excellent option for valuable items such as fine art, antiques, and collectibles that are expected to fetch a high price. However, for items of lesser value, the fees and commissions involved in selling at auction may not be worth it.

In summary, selling at auction can be a worthwhile option for valuable items with a broad appeal, but it’s important to consider the type of auction, the reputation of the auction house, the fees involved, and the value of the item being sold. Careful research and evaluation of these factors can help ensure a successful sale and a positive experience for the seller.

There’s a few ways to get your items from out of the cupboard and onto the showroom floor, and we can help! The majority of our vendors visit us at our viewing rooms, where we take inventory and place the items into storage. Our turnaround time is swift, and we often store items to place them in our specialist auctions, such as Asian Arts or Militaria, for the best exposure to the parties most interested in your items. If you are unable to make it to our location, we can facilitate the collection of items through our van collection service or through courier service and regular postage. In the case of estates, liquidations, or similar large-scale deliveries, Contact Us for your delivery options.

TIP: We encourage all our customers to take a photo or write an inventory of what they leave with us, to help us describe and inventorise your items as quickly as possible. Our policy on reserves is on a case-by-case basis, and our experts can help you determine an estimate on your items. We discourage the use of reserves as we find the market determines the relevant price, however we are open to discussion, keeping in mind the reserve is sensible and achievable.

There are several categories of items that tend to sell well at auctions in the UK. These include:

1. Fine art: Paintings, sculptures, and other fine art pieces are popular items at auctions, especially those by well-known artists. Contemporary art is also gaining popularity, particularly pieces by emerging artists.
2. Antiques: Collectibles and antiques such as furniture, porcelain, silverware, and vintage items are often in demand. Items with historical significance or unique provenance can fetch higher prices.
3. Jewellery and watches: High-end jewellery and luxury watches, especially those with precious stones and metals, are often popular at auctions. Vintage and antique pieces are also in demand.
4. Collectibles: Rare and unique collectibles such as stamps, coins, sports memorabilia, and vintage toys can be highly sought after by collectors.
5. Classic cars: Classic and vintage cars, especially those in good condition and with provenance, can fetch high prices at auction.
6. Wine and spirits: Fine wines, champagnes, and vintage spirits can also be popular items at auctions, especially those with provenance and rare vintages.
7. Designer fashion and accessories: High-end fashion items from luxury brands, including handbags, shoes, and clothing, are in demand, particularly among collectors and fashion enthusiasts.

It’s worth noting that the market for auction items can fluctuate, and what sells well can depend on current trends and demand. Therefore, it’s essential to research the current market trends and consult with experts before deciding to sell at auction.