Auctions have a long history that’s been recorded as early as 500 B.C. In the beginning, they were held in open squares, arenas, homes and later in buildings designated for the sole purpose of selling every thing from the ordinary to the extra-ordinary. These events would draw spectators and serious collectors from far and wide. Today these buildings are so well established that there is a loyal following of friends and business associates who come together for the sole purpose of buying and selling valuable items. Because of their longevity, live auctions are great places to get a look at beautiful rare coins and gold. This precious metal is mixed with other metals to make coins because alone, it is soft. The easiest way to know how much gold is in an object is to test it or feel the weight of it, and here is where you see and touch items to get an idea of the quality and color that you can’t get by looking at a picture or computer monitor, or a magazine.
The auctioneers are experts in knowing the value of the merchandise that is up for sale so the risks of buying pieces that are, “not worth their salt." They have the experience needed to spot whether an item is genuine or fake and a reputation to uphold.
There is no greater excitement than the experience of collectors who have the time and bidding savvy to step into the arena with other buyers who have their eyes on the same prize. The thrill of being in a place that is full of face to face competitiveness over-shadows any other for seeing, buying, or selling items of interest. So go on, get out there, enjoy the energy and thrill of hearing the auctioneer as he points that gavel saying “going, going, gone, to the highest bidder.”
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