Re: My FHA fur is now posted
[Re: MJM]
#6819656
03/27/20 09:22 PM
03/27/20 09:22 PM
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Joined: Dec 2008
Posts: 3,474 MN
walleye101
trapper
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trapper
Joined: Dec 2008
Posts: 3,474
MN
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Lee, So it was sold before the auction, even though it was shipped to be put on this auction? I can see left over good being sold pt, but not stuff that has never hit the floor. That used to happen frequently at NAFA where some fresh lots would be sold private treaty prior to the auction. My experience was that those pre auction deals were usually at premium pricing.
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Re: My FHA fur is now posted
[Re: TRAPPER-ED]
#6819736
03/27/20 10:07 PM
03/27/20 10:07 PM
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Joined: Dec 2006
Posts: 23,854 Wisconsin
The Beav
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trapper
Joined: Dec 2006
Posts: 23,854
Wisconsin
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Well when NAFA had their auction you could hear the starting price And I assume that was the starting valuation.
The forum Know It All according to Muskrat
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Re: My FHA fur is now posted
[Re: TRAPPER-ED]
#6819751
03/27/20 10:14 PM
03/27/20 10:14 PM
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Joined: Dec 2008
Posts: 3,474 MN
walleye101
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trapper
Joined: Dec 2008
Posts: 3,474
MN
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When there was competative bidding in the room the starting price was usually close to the sale price on the previous lot. But yes, when the room was silent the starting price was valuation as they went through pages of buy backs.
Last edited by walleye101; 03/27/20 10:15 PM.
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Re: My FHA fur is now posted
[Re: walleye101]
#6819821
03/27/20 10:54 PM
03/27/20 10:54 PM
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Joined: Jan 2007
Posts: 16,700 north Idaho
wissmiss
trapper
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trapper
Joined: Jan 2007
Posts: 16,700
north Idaho
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This internet sale I see the need to post it so buyers know what is the starting bid, and they will not accept any less.
BINGO!! For this FHA remote sale, the valuation is posted in the catalog the registered buyers use to bid. The valuation is the starting point for bidding. The computer program will NOT accept bids below the FHA limit. Auction company valuations are the auction company’s opinion of what the fur is worth. It may be spot on. It may be too high. It may be too low. The only thing that will happen if shippers know the valuations, is that the number of phone calls to FHA will increase. And for the most part, they will be upset phone calls.
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Re: My FHA fur is now posted
[Re: wissmiss]
#6819841
03/27/20 11:11 PM
03/27/20 11:11 PM
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Joined: Apr 2014
Posts: 3,302 S/W Wisconsin
rpmartin
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trapper
Joined: Apr 2014
Posts: 3,302
S/W Wisconsin
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This internet sale I see the need to post it so buyers know what is the starting bid, and they will not accept any less.
BINGO!! For this FHA remote sale, the valuation is posted in the catalog the registered buyers use to bid. The valuation is the starting point for bidding. The computer program will NOT accept bids below the FHA limit. Auction company valuations are the auction company’s opinion of what the fur is worth. It may be spot on. It may be too high. It may be too low. The only thing that will happen if shippers know the valuations, is that the number of phone calls to FHA will increase. And for the most part, they will be upset phone calls. Fyi Yes but the shippers never know what the valuation is or if if changes during the the sale or auction . Up
Last edited by rpmartin; 03/27/20 11:13 PM.
Life member, NRA, NTA, RMEF, Pheasants Forever. WTA,TTA,FTA,SA,GOA, member
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Re: My FHA fur is now posted
[Re: The Beav]
#6819849
03/27/20 11:21 PM
03/27/20 11:21 PM
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Joined: Dec 2006
Posts: 9,697 ND
MJM
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trapper
Joined: Dec 2006
Posts: 9,697
ND
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Will the shipper ever actually know what his or her fur was valued at before the sale? Not that I can see. I guess if it sells, they will know what it brought.
"Not Really, Not Really" Mark J Monti "MJM you're a jerk."
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Re: My FHA fur is now posted
[Re: TRAPPER-ED]
#6820748
03/28/20 05:49 PM
03/28/20 05:49 PM
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Joined: Dec 2015
Posts: 6,349 se South Dakota
NonPCfed
trapper
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trapper
Joined: Dec 2015
Posts: 6,349
se South Dakota
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Hey wissmiss- I know you weren't going to mention any specific lots or people's lots but if this on-line auction is like ebay, you should be able to see if people have bit on lots or not. At least from the a sellers side, I know which of my auctions have a bid on it or not. Now, you could probably commit without talking about specific lots or prejudicing any biding by saying, "yeah, I see a good number of lots that have a bid" or "lot of lots don't appear to have any bids on them". Otherwise, this is going to stay really boring until next Thurs evening...
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
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Re: My FHA fur is now posted
[Re: TRAPPER-ED]
#6820896
03/28/20 07:32 PM
03/28/20 07:32 PM
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Joined: Jan 2007
Posts: 16,700 north Idaho
wissmiss
trapper
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trapper
Joined: Jan 2007
Posts: 16,700
north Idaho
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Look guys. I’m between a rock and a hard place. I check the online auction once a day, just to see what is going on. I would love to share trends and general details with all of you. But I can’t. I emailed FHA about this situation and the reply I got back from Mark Downey (CEO) said that anything going on with the on line auction is confidential. No reason given. He further indicated that posting information about the on line auction could result in the cancelling of my bids - yes I am bidding on a few things - and the closing of my account. Not worth the risk, as far as I’m concerned. So all of you wondering about how the sale is going will just have to patiently wait another.4 days. If FHAs response changes, I will let you know. In the mean, try to find something to do besides wonder about the sale. Look towards May, when hopefully it will be a live auction from North Bay and you will be able listen in real time.
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Re: My FHA fur is now posted
[Re: TRAPPER-ED]
#6820972
03/28/20 08:28 PM
03/28/20 08:28 PM
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Joined: Dec 2015
Posts: 6,349 se South Dakota
NonPCfed
trapper
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trapper
Joined: Dec 2015
Posts: 6,349
se South Dakota
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It is still very early. On eBay, lots of people wait until the last minute to bid. Probably will be the same way with this auction. That doesn't fit all models of how people bid on ebay. If an item is "hot", there are often bids right away, and sometimes the bidding drama ends, for all real purposes, before the the final day. Often, a person is going to know things will be jumping when I get an offer of "what will it take for me to close the auction now?" Then there are the examples that wissmiss described, where the action goes up right at the end, especially the peeps that never bid until the last couple of minutes. Thanks for the communication there wissmiss. I hope you make some trappers day on April 2!!
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
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Re: My FHA fur is now posted
[Re: walleye101]
#6820996
03/28/20 08:50 PM
03/28/20 08:50 PM
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Joined: Jan 2007
Posts: 16,700 north Idaho
wissmiss
trapper
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trapper
Joined: Jan 2007
Posts: 16,700
north Idaho
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NAFA has posted the March 2020 private treaty catalogs if anyone is interested. Do you have a link or a way to access the catalogs. When I log into my NAFA account, it says Private Treaty catalogs are closed.
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Re: My FHA fur is now posted
[Re: TRAPPER-ED]
#6821366
03/29/20 07:19 AM
03/29/20 07:19 AM
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Joined: Apr 2016
Posts: 797 Labrador, Canada
crosspatch
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trapper
Joined: Apr 2016
Posts: 797
Labrador, Canada
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Much reduced Chinese New Year sales and the ranch mink glut did not get addressed substantively this year most likely. Corona has to have negatively affected other markets like S. Korea and Italy too as in who is buying in such uncertain economic times and the winter is over now anyway. Has to be lots of unsold inventory out there. We should brace ourselves then for poor clearances and not improved prices for this sale and the balance of this season. We have lots of company world wide as the only businesses not seriously negatively hit by Corona are those that supply essential goods and services.
Would be immensely pleasured if above does not happen but difficult to see otherwise. So people should at best have only modest expectations for this sale. And then buyers and brokers not able to travel to the sale has to be tough too - only so much can be expected of on line bidding especially for something like taxidermy goods.
More patience until next season is the short story I am suggesting and even then much of this year's goods still have to be absorbed. It is what it is.
Last edited by crosspatch; 03/29/20 07:24 AM.
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