Thread: Private Treaty?
View Single Post
  #4  
Old 07-06-2017, 07:09 AM
Marty S Marty S is offline
AO Sponsor
 
Join Date: Apr 2011
Posts: 2,477
Default

The auction is not in the business of giving everything away, they want to make their commission, they protect our goods in the process. The more you make the more they make.

All fur at Nafa is subject to valuation, ultimately they don't care if they get the values in the auction ring or PT, neither do I. PT they will hold to the value on a rising market, and may sell off a certain percentage below value on a soft market, however, they have policy to not sell below a certain percentage below value and thus protect the goods.
Reply With Quote