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photo tag line: Charles Fudge welcomes Joel Kulcsar to Crystal River. Joel will bring fantastic Estate Auctions to the Crystal River Auction Gallery.
PROFESSIONAL APPRAISERS & LIQUIDATORS, LLC
BUSINESS CONTACT:
Charles Fudge, Auctioneer
811 SE US Highway 19
Crystal River, FL 34429
Tel: 352-795-
http://www.charliefudge.com // Email: cfudge@
Professional Appraisers & Liquidators Auction Gallery in Crystal River is mixing it up a bit this fall. Charles Fudge, owner, and auctioneer for nearly 4 decades, the majority of which have been in Citrus County, Florida, has always been recognized for auctioning the creme de la creme. Items typically found at his antique auctions range from Tiffany Lamps and Sterling Silver, 18th & 19th Century Paintings by listed artists, Gold & Diamond Jewelry, Gold Coins, Art Glass & Crystal by famous makers to collectible figurines by Lladro, Royal Doulton & Hummel. Joel Kulcsar of Williston, has been conducting Auctions for 17 years. Those attending an auction conducted by Joel have been likely to find a smorgasbord of antiques and estate items. The two auctioneers recently formed a strategic relationship to bring a greater variety of merchandise across the auction block in Crystal River. This will enable each of the auctioneers to reach a broader audience.
The two auctioneers will meld their unique styles, on the first and third Mondays of each month, offering a wide variety of merchandise to auction enthusiasts from near and far.
Many people may assume auctions are attended by folks living in the vicinity of the auction gallery. Yet auction-goers may travel over 100 miles to attend an auction, and high-end antique auctions typically have bidders from all over the country and around the world placing bids on the phone and internet.
Estate Auctions offer a variety of items -- anything that the firm has liquidated. There are few limitations as to what is sold in an estate auction. Says owner, Charles Fudge, "The best way to explain an estate auction is this: Imagine everything in your grandmother's house -- everything from her Antique Furniture and Sterling Silver to her blender. Now add your aunt's home, and your next door neighbor's, who is moving back Up North. Picture the contents of those 3 homes all offered for sale over the course of 4 or 5 hours, and that paints a pretty good picture of an estate auction." The suprises in an estate auction are endless. Items can even include automobiles, boats, and airplanes.
There are no boundaries as to what can be included in an "estate auction". On July 27, 2009 at the estate auction of legendary psychic, Jeanne Dixon, her crystal ball sold for $11,950.
Clientele expected to attend the Monday night estate auctions will be as varied as the items themselves. Antique enthusiasts will come, looking for that special piece for their collection. Antique Dealers look for a bargain that will turn a profit for them in these hard times. Flea Market Vendors have their eye out for merchandise to resell. But, what will make these auctions unique, is that the general public will also appear, en masse, hunting for a new washer & dryer, living room suite or even a set of dishes.
In these economic times, more and more auction "newbies" decide to attend an estate auction rather than heading to the nearest big box retailer to get more bang for their buck. Auction newcomers rapidly become hooked when they learn that there is no better place to find quality merchandise for pennies on the dollar. Where else can you find real hard wood furniture anymore? The low price is an added bonus.
What makes the estate auction so appealing is that the prices are driven by demand. Retail value has little to do with the actual prices realized. The final price is determined by how many people bid on an item, and how badly they want it. Dealers halt their bidding when their profit margin gets too thin, but the general public's bids are driven by their emotions. A bidding frenzy can cause an item's price to exceed its retail value. Then what is the appeal of purchasing at auction if the prices can exceed retail? The answer is because that scenario is a rare exception. With average attendence of approximately 200 bidders, the number of items up for auction far exceeds the number of bidders. Therein lies the answer of how one can find a real bargain. Supply typically exceeds demand. How many dining room sets does one bidder need?
What other differences are there between High-End Antique Auctions and Estate Auctions? Typically, Estate Auctions are not catalogued. An Antique Auction will have an itemized listing. Estate Auctions typically do not have such a listing. Without being bound to a pre-determined order of sale, the Estate Auctioneer can determine the order of items brought up for auction, according to audience interest. Another difference is speed. An auctioneer at an Antique Auction will take more time describing items, whereas items in an estate auction need little explanation. Less talking by the auctioneer makes the estate auction move along more quickly, which means that more items can be auctioned in less time.
The addition of estate auctions to the auction gallery formerly known solely for the niche market of high-end antiques is predicted to be a win-win situation for the auction house and customers alike. Auctioneers Fudge and Kulcsar agree that with unemployment on the rise, and a questionable economy, diversity is key. Expanding their markets with this newly founded affiliation will bring in additional customers, increase profit margins and enable them to offer a more diverse selection of merchandise.
They agree that in this economy more and more people will head to the nearest estate auction, whether to replace a broken appliance, or to redecorate their home. Treasure hunters who formerly scouted garage sales and classified listings are also expected to quickly join the ranks of seasoned auction goers in the latest trend in stretching people's hard earned dollars -- the estate auction.
For additional information, contact Professional Appraisers and Liquidators, LLC at (352-795-2061)
Diane Fudge, Public Relations, Professional Appraisers & Liquidators, LLC
(352) 382-2120, cfudge@
Photo:
http://www.prlog.org/
