Elephant House Auctions

[aristomatic]

It could be that the seller at the Elephant House didn't sell it at the Elephant House so took it back home and listed the same item on ebay at a later date?

Just an option?

[pennymachines]

Somewhat oddly, when you open the results page on the EH site there are a number of missing lots, yet clicking on Mr PM's link includes them.

That's because the results I posted were based upon what appeared to be hammer prices in the room. It's often hard to detect when something doesn't actually reach reserve. Auction houses often obscure no-sales because it creates a better buzz in the room if everything appears to be selling - particularly when some appears to be going cheap. 17 items I recorded as sales fell into that category. Reserves were too high or bidders too stingy, or both (depending upon how you look at it). I've revised the list.

No-sales are unrecorded in the EH published results, but are apparent if you compare missing lots against the original catalogue. For the record, lot 153 appeared to reach £480, but bear in mind that the final bid on any item which doesn't make reserve may be "taken off the wall", so the last real bid on this item was probably £460.

[badpenny]

Which is why The Coventry Auction states at the time if a lot fails to reach reserve.
Bidders are then invited to approach the auctioneer later if they have a change of heart.
Alternatively, after consulting with the vendor about the reserve we have re-offered such lots at the very end.
This works quite well and appears to give everybody a fairer chance as well as being transparent.

[raj]

Apparently sold lots that somehow disappear, only to be re offered later is often down to a practise known as selling to the chandelier. It is common in small auctions when the seller and the auctioneer are known to each other, or the seller is the auctioneer. It is used to bump up the price of items, either to suck in a mug to believe he is getting in on a good deal, or to create a 'value' that can be bandied about when pricing goods. Vintage car auctions and number plate sites are very prone to this practise, and the mug buyer only finds out when sell on time comes, and all of a sudden, the market has dropped. Stock traders do the same, pump up the market, drag in the mugs, make a killing. I'm not in any way suggesting EH engage in this type of practise, just an observation on earlier posts.

[jimmycowman]

Wow 25 years of the elephant house auctions that's soon gone......... Is there some sort of mistake - 2 auctions on the same day????????

[badpenny]

Does the 25 year claim ignore or include the barren years?

[jingle]

I think it's the 25th auction at the elephant house

[mademenicole]

Does anybody know results of EH auction from today ??

Lot 68 Hen Egg Vending
Lot 86 circle skill wall machine
87 shield catcher
88 electric amuser
89 allwin
90 French Oracle
114 ABT Big Game Hunter
116 Pee Nee Golf
120 Allwin
207 Derby Wall Machine
225 Ruffler Fill em up
304 Oliver Whales Victory ball
353 Pool Tote Wall Machine

Thank you !

[clubconsoles]

also like to know what lot 192 jennings duchess brought in.
Steve said it in only arrived this morning and seller was unable to send in pictures to EH beforehand??
I am not prepared to absentee bid without pictures so the seller of the Duchess has probably saved me some money, lol

[bill gates]

Jennings