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Coops
Registered: Jul 2003 Posts: 18545 - Threads: 513 Location:
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[Edited by Coops on 19-10-2016 09:35 AM]The weak pound is good for the antiques trade (well good for selling). We had a lot more foreign buyers than usual last weekend. A friend of mine runs an auction, a lot of the bidding is done online, he reckons business is booming with foreign buyers.
I still think that it is a shit-storm of the Tories making but you have to make money where you can. If life gives you lemons don't try and make orange juice.
But he made too many enemies
Of the people who would keep us on our knees
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19-10-2016 09:34 AM |
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5709
Registered: Jul 2003 Posts: 37053 - Threads: 2585 Location:
2016 | Winner Meltdown Winner Redeeming
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Quote:
| Coops wrote on 19-10-2016 09:34 AM
The weak pound is good for the antiques trade (well good for selling). We had a lot more foreign buyers than usual last weekend. A friend of mine runs an auction, a lot of the bidding is done online, he reckons business is booming with foreign buyers.
I still think that it is a shit-storm of the Tories making but you have to make money where you can. If life gives you lemons don't try and make orange juice.
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Do they have auctions in China?
I often think, when watching these antique shows, with them banging on about how China stuff is hot right now with them buying it all back, why don't they get a load together, ship them over there, fly out, and flog the stuff to them in their own Country.
You'd get loads more bidders, much more than hoping for internet bidders in a UK saleroom.
I don't know how much shipping costs would be though, and if it would be financially logical.
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19-10-2016 10:00 AM |
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Coops
Registered: Jul 2003 Posts: 18545 - Threads: 513 Location:
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Quote:
| 5709 wrote on 19-10-2016 10:00 AM
Do they have auctions in China?
I often think, when watching these antique shows, with them banging on about how China stuff is hot right now with them buying it all back, why don't they get a load together, ship them over there, fly out, and flog the stuff to them in their own Country.
You'd get loads more bidders, much more than hoping for internet bidders in a UK saleroom.
I don't know how much shipping costs would be though, and if it would be financially logical.
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Yes they have auctions, they also have people who ship to China. There are plenty of Chinese buyers buying from British auction houses, shops and fairs.
The Chinese market fluctuates, things go in and out of fashion, when they are in the price rockets, when they are out it drops. I know a chap who follows it very closely and has made some great deals buy buying and selling the right thing at the right time. Although he has also lost on a couple because the market bombed before he sold.
But he made too many enemies
Of the people who would keep us on our knees
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19-10-2016 10:45 AM |
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