Thursday, February 11, 2010

CLEARING SALE RESULTS

A Clearing Sale by nature of the concept should be and usually is the last resort for asset disposal.

Despite three months “around the clock” preparation of vehicles they were only going to reach their “rock bottom” minimums anyway.

Up to six inches of rain during the previous night magnified our anxiety. Every now and again we had to go out through the night to move precious furniture items closer into the large open shed when they were stored uncovered.

The rain continued upon awakening on Auction morning. Weather reports were bad, for showers and rain all day. In total despair we considered canceling, however, continuing on with raincoats and the covers left in place. The rain petered out around 8.30 am giving forth to a cool overcast day ideal for walking around the sale items as the sale progressed.

There are good and bad auctions and perhaps ours was a sign of the fallout of difficult economic times. A friend commented that ours’ “was the slowest auction he had ever been to.” It was more spectacular for the lack of money, in some cases recovering little more than original cost.

The Chevy, Yankee Joe (Rob McBride, Kingaroy, QLD), Diamond T (Ian Brims, Dungay) and Commer (Graeme Lean, Maryborough, VIC) all went for $12,000. The Federal 604 $3,500 (Belgium), Le Roi $5,500 (John and Jeanette Kumerow, Jondaryan, QLD), Bristol 20 crawler $2,850 (Bluie), County Crawler $9,000 (John Overall, Toowoomba, QLD), Kaiser Reo $2,600, International R190 $1,350, Buzacotts stationary engine $275, Ferguson blade $550, “The Globe” pedestal drill $170, Clayton Welder $1,500 (Rob McBride) and a misunderstanding which lead to our selling the Chamberlain for $6,000 to Jack Kammer, Minden, QLD.

The rain did stop people from attending, but with 200 bidders cards issued, lack of attendance didn’t stop the bidding. We had great support coming from family, friends, club members and neighbours both in the days leading up to and during the auction. We’ll always be grateful to these people.

People knew we were in financial trouble and were genuinely disappointed for us, but they knew our beloved went to good homes and we took stock of the situation and will march on from here.

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