[meteorite-list] Update - InnSuites Meteorite Auction
From: Michael Casper <Michael_at_meteoritecentral.com>
Date: Thu Apr 22 09:55:41 2004 Message-ID: <001401c19578$a4824720$0200a8c0_at_Domain> "We have snagged auctioneer Claudia Florian--a former auctioneer for & Sothebys--to run this sale" ...I'm curious how you "snagged" her? Was it on a hook? If so what kinda bait did you use? After you "snag" em how do you get em off the hook? Are they slimy? Do they snap or bite? I don't think meteorites are a good investment right now. Perhaps rare coins miy interest you? I do have a little auction next week! www.caspercoin.com xoxo, MC ----- Original Message ----- From: <MacovichCo_at_aol.com> To: <meteorite-list_at_meteoritecentral.com> Cc: <curator_at_macovich.com> Sent: Saturday, January 05, 2002 5:32 PM Subject: [meteorite-list] Update - InnSuites Meteorite Auction > > > Hi Folks! > > Last chance! I have only twelve (12) slots remaining for consignments for the Second Annual Meteorite Auction at the InnSuites in Tucson on Sunday, February 10th. > > If you wish to make a consignment, please get in touch QUICKLY! > > Further exciting news: > > --We have snagged auctioneer Claudia Florian--a former auctioneer for Phillips & Sothebys--to run this sale; > --The advertisement in the current issue of Smithsonian has already resulted in dozens of catalog requests! > --Meteorites confirmed to be offered include, L'Aigle, NWA482, Camel Donga, Manych, GV, Steinbach, Chassigny, Barbotan, Mauerkirchen, Ensisheim, Shalka, Felix, etc. > --Once again, if you are an exhibitor at the "Arizona Mineral & Fossil Show," you are entitled to consign one lot without having to pay a consignor's fee (courtesy of the Macovich Collection and the Great Zinn). > > > The Event: The InnSuites Meteorite Auction > Date: Sunday, February 10th 10.30 AM > Location: InnSuites, Tucson / Poolside > Early Registration/Preview: February 1-9 - 10.00AM - 6.00PM > Day-of Registration/Preview: February 10 - 9.30-10.30AM > Number of lots: 100 > Targeted price point: $200 to $25,000 > Lots with no reserve: ~40% > Consignor's fee: 10.0% > Buyer's fee: 12.5% > Limit per consignor: 4 lots > Sell-through fee: 3% > Insurance (if desired): 1% > > > QUESTIONS: > > Why should I consider consigning a meteorite to this sale? > 1. Guaranteed Interest. This offering will be heavily promoted. We are also building on an outstanding buzz from last year's sale. Further, a number of outstanding meteorites will be offered with NO RESERVES; > 2. Marketing commitment. $4000 in dedicated advertising will be spent publicizing this event; > 3. Location. Host to one of Tucson's preeminent shows, the InnSuites is centrally located and is indisputably Meteorite Central in Tucson; > > Where do I sign up? > Right here. Please fill-in the following info. A formal consignment form will be sent to you provided that your property is accepted for this auction. [My interest is only in creating a marketplace for fine meteorites that are priced to sell, and to present this property to a crowd that is eager to participate in an auction filled with such opportunities.] > > Name > Street Address > Apartment or Suite > City > State > Zip > Daytime phone > Evening phone > Description of each proposed consignment: > --Slice or End or Complete or Fragment > --No crust or ~25%, ~50%, ~75% or 95+% crust > --Condition and extent of weathering > Measurement (H x W x D): > Weight: > Provenance: > Reserve: > Will you be present at the auction? > > > > Can you explain what a "reserve" is? A "reserve" is the absolute lowest fee that consignors accept PRIOR to the deduction of the 10% consignor's fee. The reserve is not published in the catalog. However, consignments with reserves will be indicated in the catalog with a bullet (*). > > > Why would I want a reserve? > Reserves are used as a mechanism to protect the consignor so that an item will not sell for too low a price. However, should a consignment's estimated value be less than $300, no reserve will be allowed. > > > What are "estimated values"? > A guideline of what it is believed the consignment should bring at auction. > > > Do you prefer consignments with either no reserve.or low reserves? > Yes. Consignments with no reserves or modest reserves are far more likely to result in a successful sale. > > > Can I insist on a high reserve? > No. If the reserve you wish to set is, in my estimation, too high, I will refuse the consignment. The philosophy of this sale is to offer choice merchandise that is attractively priced, which will result in a spirited marketplace. > > > Are high reserves the only consideration in rejecting a consignment? > No. If I believe the consignment competes with too many other similar consignments, it will be rejected. Consignments will be accepted on a first-come, first-served basis. > > > As a consignor to the InnSuites auction, how much will this cost me? > If your consignment sells, your cost will be 10% of the hammer price (the highest bid). If your lot fails to sell, the sell-through fee (and insurance, if so desired) will result in a cost of either 3% or 4% (w/insurance) of the reserve price of the consignment. > > > Are there deadlines to be a consignor? > Yes. As a result of catalog deadlines (paper and cyber) the deadline will be whenever the twelve slots are filled...my guess is by Tuesday, January 8th. > > > There will be a catalog? > There will be printed listing available at the InnSuites room 404, as well as a page at Macovich.com. > > > Is there a deadline for physically accepting consignments? > Consignments will be physically accepted at the InnSuites room 404 commencing on February 1st for Early Preview. The latest a consignment will be physically accepted 12:00 Noon on February 5th. If your consignment does not arrive by this time, it will not be included in the auction. If you are a registered consignor and fail to deliver your consignment, you will still be assessed a 3% sell-through fee. > > > If my consignment doesn't sell, how quickly can it be returned? > Immediately following the sale. > > > How quickly will I be paid after my consignment sells? > In most cases, you will be paid within 24 hours. If your consignment sells for more than $5000, five business days may be necessary. This will depend entirely on the method of payment on the part of the buyer. > > > That's it. Any questions, don't hesitate to get in touch. > > Darryl > > > > > > > > > > > Show your support at the Red Cross Disaster Relief Fund - http://s1.amazon.com/exec/varzea/ts/my-pay-page/PKAXFNQH7EKCX/058-5084202-71 56648 > _______________________________________________ > Meteorite-list mailing list > Meteorite-list_at_meteoritecentral.com > http://www.pairlist.net/mailman/listinfo/meteorite-list > Received on Fri 04 Jan 2002 06:36:32 PM PST |
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