Title: Jewelry Auction in Phoenix: How to Get the Most from Buying Jewelry at Auction
1Jewelry Auction in Phoenix How to Get the Most
from Buying Jewelry at AuctionBy Deb
WeidenhamerPresident CEO, Auction Systems
2Jewelry Auctions in Phoenix
A jewelry auction in Phoenix creates a
tremendous opportunity for buyers to get
wonderful deals often at a fraction of retail
value. Without auctions, many buyers would not
be able to afford jewelry at regular retail
prices. The notoriously high retail markups
prohibit many buyers from purchasing jewelry at
retail outlets. How can auctions offer such
high-end products at amazingly low prices? New
buyers often look at auctions skeptically and try
to determine the sellers angle.
3Jewelry Auctions in Phoenix
- So, Whats the Catch? There is none!
- One major reason a jewelry auction in Phoenix
can offer such reduced pricing involves the
delivery method. For example, a typical bricks
and mortar retail store has huge overhead.
Store space often comes with a hefty rental
expense. Add in operating expenses, such as
utilities, displays, insurance and store
maintenance, and the cost of running a retail
business escalates. Since these costs must be
passed on to the buyer, the end product ends up
costing much more. - Without the ongoing costs of a physical retail
location, a jewelry auction in Phoenix has no
associated overhead to pass on to buyers. An
auction item can be priced lower at the start of
bidding. This price may rise based on the number
of interested bidders. But establishing a
maximum price you would be willing to pay ensures
you get the best deal.
4Jewelry Auction in Phoenix Added Bonuses
-
- The number one reason for buying jewelry at
auction is price. You just cant find the deals
at retails stores that you can find at a jewelry
auction in Phoenix. These deals often deliver
quality products for a fraction of the retail
cost. Because of significantly reduced prices,
auctions are changing the way buyers shop for
jewelry. -
- Another reason for vast price reductions
involves the cyclical nature of the jewelry
business. The holiday season brings in the
biggest demand for jewelry items. Therefore, to
prepare for these purchases, jewelry sellers
often market items at discounts during the summer
months. This cycle can mean even better deals at
jewelry auctions.
5Jewelry Auction in Phoenix Added Bonuses
-
- By attending live or online auctions, buyers can
keep track of jewelry deals. Rather than
visiting multiple retail locations, buyers can
attend an auction with a large offering of
jewelry for sale. Regularity and ease contribute
to the attractiveness of attending a jewelry
auction in Phoenix. -
- Reselling merchandise is another benefit of
getting jewelry deals at auction. Markets always
exist for jewelry items and resellers can earn
hefty profits. Plus, auctions allow resellers to
move their jewelry inventory more quickly and
easily.
6A Note of Caution
-
- Purchasing jewelry at auction requires some
careful evaluation. To get the best deal, its
important to know something about jewelry quality
and valuation. Doing business with an
established auction service cant be emphasized
enough. Many reputable auctioneers exist with
verifiable track records of serving buyers
ethically. - Look for the jewelry auction in Phoenix thats
been around for a long time and conducts business
on a regular basis. These types of auction
houses will accurately describe jewelry and
highlight any gem imperfections.
7About the Author
- Deb Weidenhamer is President of Auctions Systems
Auctioneers Appraisers, Inc., based in Phoenix,
Arizona. They specialize in auctions and
professional appraisals. - Visit us at http//www.auctionandappraise.com or
call 1-800-801-8880 for more information about
our Arizona auction company.