Bike shop auction in Lincolnshire
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Gtpulse
Dyna-Tech Fan
Had a quick peek online to see if there were any bargains - so far I would say no! When you consider the hammer prices will be subject to at least another 20% and if online I think it’s 25 or 29% that’s really strong money. I’m sure there’s good value in there for someone with a shop or repair business, couple with current availability issues and it makes sense that it’s going for so much.
incorrigible
Senior Retro Guru
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Now's the perfect time to get down there and stake your claim...
Synthiaks
Senior Retro Guru
Hammer £420+fees.....wow......that stuff sold for a lot.
Also hard to believe the rock hopper was worth £70+fees judging by what stuff seems to go for on here and ebay
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Gtpulse
Dyna-Tech Fan
Certainly a surprise how much things made. I dropped in to the online bidding a few times and didn’t even get as far as placing a bid so high were the prices.
Usually bike stuff doesn’t make loads at general auctions as the people there aren’t interested in it. It was specialist and lots of if so probably attracted a different crowd.
With the current availability of new stock of some of the stuff in the sale - tyres/tubes/chains/spares etc it would make sense if another independent bike shop had bought much of it. While the prices seemed high once you drill down in to the retail of some of the job lot new items could still be decent profit if you’re in that business.
It’s not unheard of for relatives to buy stuff at auction for sentimentality which they didn’t have access to for whatever reason from the estate of the person who has passed. Could apply to the bike stand but maybe not the bog roll!
My local auction sometimes sells much worse than bog roll from deceased estate sales - I’ve seen boxes of vintage “reading material”, mixed lots of used “massage devices” as well as part packs of incontinence pads, half bottles of spirits etc. How they are allowed to I’ve no idea, but there’s always someone who sticks their hand up when it’s down to a quid.
Usually bike stuff doesn’t make loads at general auctions as the people there aren’t interested in it. It was specialist and lots of if so probably attracted a different crowd.
With the current availability of new stock of some of the stuff in the sale - tyres/tubes/chains/spares etc it would make sense if another independent bike shop had bought much of it. While the prices seemed high once you drill down in to the retail of some of the job lot new items could still be decent profit if you’re in that business.
It’s not unheard of for relatives to buy stuff at auction for sentimentality which they didn’t have access to for whatever reason from the estate of the person who has passed. Could apply to the bike stand but maybe not the bog roll!
My local auction sometimes sells much worse than bog roll from deceased estate sales - I’ve seen boxes of vintage “reading material”, mixed lots of used “massage devices” as well as part packs of incontinence pads, half bottles of spirits etc. How they are allowed to I’ve no idea, but there’s always someone who sticks their hand up when it’s down to a quid.
