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MMD > Archives > February 2012 > 2012.02.28 > 01Prev  Next


Milhous Auction Prices Paid
By Nancy Fratti

> ... even the common items seemed way over market value.  I have
> a feeling that the auction company and the owners are extremely
> pleased with the final results and that there are (or there will
> be) many with significant buyers remorse.

Yes, the auction house must have a Cheshire-cat grin all the way
to the bank.  Even if they charged 'only' 10% commission (from the
seller), that would be close to $4 million + 25% from the buyers
= almost another $10 million.  Oh, and $250 entry fee from everyone
(+ $125 just for the catalog sales) = over $14 million -- not a bad
weekend's work!

While it's great to see the musical items (disc and cylinder boxes)
bring good money for a change, such absurd numbers probably will not
be seen again.  A Paillard interchangeable for over $60k; 20" Regina
changer for $60K; a 15" art glass changer for over $60k; an 18"
Miraphone for over $35k!

I'm not sure if the people who bought them cared what they paid for
them; obviously they are clueless and didn't care how they spent their
money <sigh>.

Atmosphere obviously does a lot to change one's perspective and common
sense!

Nancy Fratti - Nancy Fratti Music Boxes
Canastota, New York
http://www.nancyfrattimusicboxes.com/ 


(Message sent Tue 28 Feb 2012, 13:57:59 GMT, from time zone GMT-0500.)

Key Words in Subject:  Auction, Milhous, Paid, Prices

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