Jewelry Auction in Phoenix: How to Get the Most from Buying Jewelry at Auction

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Jewelry Auction in Phoenix: How to Get the Most from Buying Jewelry at Auction

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Are you a regular attendee of AZ auctions or an owner or employee of an auction company? Check out this presentation from Auction Systems' President & CEO, Deb Weidenhamer on how to get the most from buying jewlery at auction. Also visit today. – PowerPoint PPT presentation

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Title: Jewelry Auction in Phoenix: How to Get the Most from Buying Jewelry at Auction


1
Jewelry Auction in Phoenix How to Get the Most
from Buying Jewelry at AuctionBy Deb
WeidenhamerPresident CEO, Auction Systems
2
Jewelry 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.

3
Jewelry 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.

4
Jewelry 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.

5
Jewelry 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.

6
A 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.

7
About 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.
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