Quote:
Originally Posted by Big Grey Wolf
It is encouraging to see a American buyer moving to replace NAFA. However NAFA and FHA were auction houses and always provide the Real market Value for our furs less commission and drumming. A cash buyer must always bid lower than estimated market price to protect himself from a poorer/lower auction result later in the year. The positive is "Cash/Bird in hand". Just my thoughts!
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I wouldn't stereotype this company, they are different, they have done a massive amount of wild fur promotion around the world and have many, many, many direct customers. Do watch the "Guy Groenewold In A Chinese Fur Mall" video on facebook... absolutely mindblowing... 1 km long malls four stories high filled with fur stores, and little ranch mink to be seen and these people are heavily entrenched in that land.
Groenewolds was NAFA's largest competitor in the wild fur scene. Funny thing is most Canadian trappers never heard of these people! They bought massive volumes of fur at NAFA, all wild. These people pay established world market prices, often levels that they directly establish.
Interesting times ahead as we push on in the new post-NAFA landscape.