Wednesday, April 28, 2010

Bidding on units example

Don’t know what’s in those boxes?….
Let’s say you’re interested in an auction unit jamb-packed to the back and six feet high with many typical household items and lots of storage boxes–A sign of possible collector’s treasure. But, you see a bunch of clothes hangers (without clothes)–Where are the clothes? In the boxes? This could dramatically affect your profit. In such a case, you must first evaluate the items you can see, then factor in whether you want to risk your bid on the unknown or go for it.

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