Re: FHA preliminary offering
[Re: Dirt]
#8077995
02/15/24 02:45 PM
02/15/24 02:45 PM
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Joined: Dec 2008
MN
walleye101
trapper
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trapper
Joined: Dec 2008
MN
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If you back calculate what the buyers are actually paying for pelts, then you can estimate what the mark up the local fur buyer is getting for his pelts selling to the same end users. I'm not sure FHA is the biggest middleman?
Dirt makes an excellent point. All the extra costs of running routes, additional handling, CITES fees, + profit margins are built in to the price payed by local buyers, just not itemized for everyone to complain about.
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Re: FHA preliminary offering
[Re: walleye101]
#8078025
02/15/24 03:52 PM
02/15/24 03:52 PM
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Joined: Jun 2008
sseMinnesota
blackhammer
trapper
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trapper
Joined: Jun 2008
sseMinnesota
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Go shop at Montgomery Ward buddy  Just lucky they will have auctions attitude ?
Last edited by blackhammer; 02/15/24 03:53 PM.
Ah,for the life of a millionaire,say some,but just let me stay a trapper. Bill Nelson
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Re: FHA preliminary offering
[Re: crosspatch]
#8078136
02/15/24 06:38 PM
02/15/24 06:38 PM
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Joined: Dec 2006
Timmins Ontario
gibb
trapper
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trapper
Joined: Dec 2006
Timmins Ontario
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Good point Wissmiss - why would buyers care about drumming fees. Saw them somewhere. Must try and find out where. Thanks for the correction.
Did some looking under FHA site and closest can find is under "Shipping to FHA" are "Conditions of Sale". Conditions list 11% commission and drumming fees but do not list those fees. Contacted Cheryl at FHA and asked her to send me what they are. If I get them will ask her to post under "Conditions of Sale". Safe to say you really don't know what you are paying, as the drumming fees are not transparent on the web site. Magazine according to their web site; https://furharvesters.com/publications.htmlThe Fur Harvesters Magazine The Fur Harvester is published annually to promote a better understanding of Canada's founding industry. Articles within the magazine should not necessarily be viewed as official FHA policy. If you are not a shipper but would like to receive our magazine, please send us a cheque or money order in the amount of $10.00 and you will receive the next two issues of The Fur Harvester. If that is not the case anymore do you think they may need to work on updating the site? At the end of the day if you are happy good for you.
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Re: FHA preliminary offering
[Re: mud]
#8078177
02/15/24 07:29 PM
02/15/24 07:29 PM
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Joined: Dec 2010
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Armpit, ak
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Feb 14 -17 Auction offer Sojuzpushnina offers wild and farm furs.
Catalogues of February auction Joint catalogue
Sable wild raw
AC Sojuzpushnina catalogues
Sable farm raw
Baum marten raw
Mink farm raw
Fox, blue fox
Who is John Galt?
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Re: FHA preliminary offering
[Re: gibb]
#8078185
02/15/24 07:37 PM
02/15/24 07:37 PM
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Joined: Apr 2016
Labrador, Canada
crosspatch
trapper
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trapper
Joined: Apr 2016
Labrador, Canada
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Good point Wissmiss - why would buyers care about drumming fees. Saw them somewhere. Must try and find out where. Thanks for the correction.
Did some looking under FHA site and closest can find is under "Shipping to FHA" are "Conditions of Sale". Conditions list 11% commission and drumming fees but do not list those fees. Contacted Cheryl at FHA and asked her to send me what they are. If I get them will ask her to post under "Conditions of Sale". Safe to say you really don't know what you are paying, as the drumming fees are not transparent on the web site. Magazine according to their web site; https://furharvesters.com/publications.htmlThe Fur Harvesters Magazine The Fur Harvester is published annually to promote a better understanding of Canada's founding industry. Articles within the magazine should not necessarily be viewed as official FHA policy. If you are not a shipper but would like to receive our magazine, please send us a cheque or money order in the amount of $10.00 and you will receive the next two issues of The Fur Harvester. If that is not the case anymore do you think they may need to work on updating the site? At the end of the day if you are happy good for you. That fee and magazine gone for a couple of years and yes website needs work. Communications not FHA's strongest point for a while now.
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Re: FHA preliminary offering
[Re: mud]
#8078253
02/15/24 09:02 PM
02/15/24 09:02 PM
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Joined: Dec 2006
Oregon
beaverpeeler
trapper
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trapper
Joined: Dec 2006
Oregon
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It's as if it was a bunch of trappers own and run this place!
My fear of moving stairs is escalating!
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Re: FHA preliminary offering
[Re: beaverpeeler]
#8078259
02/15/24 09:09 PM
02/15/24 09:09 PM
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Joined: Jun 2008
sseMinnesota
blackhammer
trapper
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trapper
Joined: Jun 2008
sseMinnesota
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It's as if it was a bunch of trappers own and run this place! Know a few trappers with great computer skills. I am glad we have FHA.
Ah,for the life of a millionaire,say some,but just let me stay a trapper. Bill Nelson
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Re: FHA preliminary offering
[Re: walleye101]
#8078680
02/16/24 12:05 PM
02/16/24 12:05 PM
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Joined: Dec 2010
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Armpit, ak
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If you back calculate what the buyers are actually paying for pelts, then you can estimate what the mark up the local fur buyer is getting for his pelts selling to the same end users. I'm not sure FHA is the biggest middleman?
Dirt makes an excellent point. All the extra costs of running routes, additional handling, CITES fees, + profit margins are built in to the price payed by local buyers, just not itemized for everyone to complain about. That wasn't my point. As far as people complaining about fees. You want the agent (FHA) to be dependent on price to make their cut. If the agent 's cut is a only a percent of price he will have more incentive to get higher prices. If the agent will be making most of his money off fees, price won't be that important to him, clearance will be. I want the highest price at 90% clearance. IMHO if they sell 100% most times they sold too cheap.
Last edited by Dirt; 02/16/24 12:54 PM.
Who is John Galt?
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Re: FHA preliminary offering
[Re: mud]
#8078696
02/16/24 12:11 PM
02/16/24 12:11 PM
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Joined: Dec 2006
Oregon
beaverpeeler
trapper
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trapper
Joined: Dec 2006
Oregon
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They sold beaver 100% last year. Did they go too cheap?
My fear of moving stairs is escalating!
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Re: FHA preliminary offering
[Re: beaverpeeler]
#8078716
02/16/24 12:30 PM
02/16/24 12:30 PM
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Joined: Dec 2010
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Armpit, ak
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They sold beaver 100% last year. Did they go too cheap? Was there bidding?
Who is John Galt?
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Re: FHA preliminary offering
[Re: mud]
#8078719
02/16/24 12:36 PM
02/16/24 12:36 PM
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Joined: Aug 2011
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
james bay frontierOnt.
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Lets just say the bidding was spirited. I believe they sold some for quite a bit more than they were worth.
Forget that fear of gravity-get a little savagery in your life.
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Re: FHA preliminary offering
[Re: mud]
#8078751
02/16/24 01:20 PM
02/16/24 01:20 PM
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Joined: Dec 2010
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Armpit, ak
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I have forgotten how the lot and string stuff works? I would appreciate it if Boco or Wissmiss or gibb or anybody in the know would explain how high bidders on one lot can somehow get the whole string? I may have this wrong?
Who is John Galt?
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Re: FHA preliminary offering
[Re: Dirt]
#8078760
02/16/24 01:28 PM
02/16/24 01:28 PM
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Joined: May 2010
MN
Steven 49er
trapper
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trapper
Joined: May 2010
MN
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I have forgotten how the lot and string stuff works? I would appreciate it if Boco or Wissmiss or gibb or anybody in the know would explain how high bidders on one lot can somehow get the whole string? I may have this wrong? You have it right. The high bidder can take one lot in the string, multiple lots or the whole string. If he or she doesn't take them all the rest are offered at the hammer price. If they all aren't taken the remainders are auctioneer again.
"Gold is money, everything else is just credit" JP Morgan
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Re: FHA preliminary offering
[Re: beaverpeeler]
#8078761
02/16/24 01:28 PM
02/16/24 01:28 PM
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Joined: May 2010
MN
Steven 49er
trapper
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trapper
Joined: May 2010
MN
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They sold beaver 100% last year. Did they go too cheap? Yes
"Gold is money, everything else is just credit" JP Morgan
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Re: FHA preliminary offering
[Re: mud]
#8078785
02/16/24 01:57 PM
02/16/24 01:57 PM
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Joined: Aug 2011
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
james bay frontierOnt.
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I doubt if you will see the lesser goods selling way overvalue this year,like last year. The better goods will bring premiums and the lesser goods will sell accordingly,which is how it should be,but you never know when the bidding gets stupid like last year.
Forget that fear of gravity-get a little savagery in your life.
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Re: FHA preliminary offering
[Re: Steven 49er]
#8078860
02/16/24 03:09 PM
02/16/24 03:09 PM
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Joined: Jan 2007
north Idaho
wissmiss
trapper
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trapper
Joined: Jan 2007
north Idaho
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I have forgotten how the lot and string stuff works? I would appreciate it if Boco or Wissmiss or gibb or anybody in the know would explain how high bidders on one lot can somehow get the whole string? I may have this wrong? You have it right. The high bidder can take one lot in the string, multiple lots or the whole string. If he or she doesn't take them all the rest are offered at the hammer price. If they all aren't taken the remainders are auctioneer again. String lots are more complicated than that. Some times you need a white board with XS and Os to follow the action. I’ll go into more detail when I have time and feel like typing. It all has to do with timing and the drop of the hammer.
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