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<p>[QUOTE=&quot;Joe2007, post: 163519, member: 1262&quot;]Hello folks,</p><p><br /></p><p>I was at an estate auction a few months ago that had a nice selection of antiques and collectables but was poorly advertised and wasn&#039;t well attended with the exception of some regular auction goers and a few small dealers. I saw the Rookwood Pottery compote shown in the linked listing and decided to bid up to $200 since although it was a really nice piece it had a defect, a barely noticeable hairline crack on the base. Ultimately I didn&#039;t even get a chance to bid and it hammered for $350 plus buyers premium to an antique dealer that I&#039;ve seen a few times before and generally has good taste in quality antiques.</p><p><br /></p><p>I thought that was the end of the story until it popped up in an online auction site&#039;s catalog earlier this month. I was shocked since the online auction house doesn&#039;t have a great record in art pottery sales -- some pieces sell well but others sell very low. As you can see it sold for much less than what it realized in the first auction. I was wondering how often this happened -- Antique dealers/pickers buying at auction only to send their winnings off to another auction (assumedly with regular commission fees in place and without reserve) and then have the item hammer for much less in the second auction than the dealer paid initially?</p><p><br /></p><p>Here is the second listing .....</p><p><a href="https://www.ebth.com/items/3720457-rookwood-pottery-compote-with-dolphin-base" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ebth.com/items/3720457-rookwood-pottery-compote-with-dolphin-base" rel="nofollow">https://www.ebth.com/items/3720457-rookwood-pottery-compote-with-dolphin-base</a> </p><p><br /></p><p>Can&#039;t make much money with that business model. Your thoughts please?[/QUOTE]</p><p><br /></p>

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