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Possible American Folk Art Boxing Greats Cane
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<p>[QUOTE="verybrad, post: 46321, member: 37"]It is, of course, a risk. You have to weigh this risk with the potential for higher return through the auction house. I don't know about Heritage, but most auction houses tend to underestimate the appeal of items in order to assure happy consignors. There are always those items that don't meet low estimates but an auction house that consistently underperforms will not continue to have consignors. </p><p><br /></p><p>You can always try to sell this on your own on ebay or elsewhere for somewhere near the auction estimate. However, if you are not successful, you run the risk of over-exposure for your item and dwindling return down the line. Everyone wants fresh merchandise and many auctions will turn down items that have been shopped around without a sale. This item is unique so word will get around pretty quickly if it has been shopped around. </p><p><br /></p><p>Ask yourself if you could get even 1K on ebay for this. If the answer is no, you are probably better to consign to the auction house. I don't know what you paid for this but, if the potential return is large in comparison, it is probably worth a bit of a gamble. Besides, it could always take off at auction and go higher than estimate. Just be sure that it is featured in an appropriate auction of sports memorabilia. You don't want this to go in a general auction.[/QUOTE]</p><p><br /></p>
[QUOTE="verybrad, post: 46321, member: 37"]It is, of course, a risk. You have to weigh this risk with the potential for higher return through the auction house. I don't know about Heritage, but most auction houses tend to underestimate the appeal of items in order to assure happy consignors. There are always those items that don't meet low estimates but an auction house that consistently underperforms will not continue to have consignors. You can always try to sell this on your own on ebay or elsewhere for somewhere near the auction estimate. However, if you are not successful, you run the risk of over-exposure for your item and dwindling return down the line. Everyone wants fresh merchandise and many auctions will turn down items that have been shopped around without a sale. This item is unique so word will get around pretty quickly if it has been shopped around. Ask yourself if you could get even 1K on ebay for this. If the answer is no, you are probably better to consign to the auction house. I don't know what you paid for this but, if the potential return is large in comparison, it is probably worth a bit of a gamble. Besides, it could always take off at auction and go higher than estimate. Just be sure that it is featured in an appropriate auction of sports memorabilia. You don't want this to go in a general auction.[/QUOTE]
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