Proposed: Three building auction complex, with hotel on 156 acres South of Indianapolis, to serve the 5- state area of all auction needs.
The machinery and furniture building before carts enter the arena.
The machinery and furniture building is divided into six portions for your viewing because of the length of each drawing. The plan view of the second portion shown here shows the track system and the switching of the tracks. The tilt up panels are not shown on the East side for clarification.
Each day of the week is lined up on two tracks each holding 24 carts to make a 500 item auction, and all depending on the size of the merchandise to be auctioned off. Some days there could be fewer carts and other days there could be more, all depending on the size of the objects.
The main object is to have at least 500 lots to auction off each day. With more people concentrating on bidding than trying to make sense of the auctioneers calling for bids, it will be faster bidding. If a person does not have their full attention on bidding they will lose the bid with our system.
The estimated time for each bid with our system will be 45 seconds per item. This will round out at about four hours and one half for 500 lots. Most people lose interest in about 2 hours and a half. This is because of all of the barking for bids, and the loud noise involved. We are trying to refine the trade to be compatible with the little old lady who has the money.
The antique collectible market has fallen dramatically since 1998 and has reflected in lower prices overall. The advertising we want to do will bring in bids from across the country, and maybe turn this tendency around. If you cannot attend the auction there will be your personal representative whom you have dealt with over time. The representative will more than likely live in the immediate area around the auction facility, and will make a good living for those who want to participate and have the resources to do so.
This last week I attended an auction where a garment factory closed their doors, and you cannot imagine the machinery offered. Thread on large cones in 4’x4’x4’ cardboard containers, over 50 rolls of cloth 8’ wide never opened. Embroidery machines that cost $10,000 new went for pennies on the dollar. What a loss to the owner. Advertised to the proper entity, such a loss could have been prevented.These things we will endeavor to correct.
Merchandise for each day will be shown on the web with a good digital camera in front of a well-lit background. When most people take a picture they never consider the background of the item they are trying to sell. The holes in a doily sitting on a dark background are distracting from the intent of showing off the object. That is not half as bad as putting a vase on a fence post and standing 100’ away to take a picture. We are just trying to emphasize the necessity of taking a good picture to display the object. If the picture is taken properly, it will sell the object.
When you look at other auctions around the country you will be amazed at how crude the presentation of their auction is. A table piled up with all different kinds of items with no rhyme or reason as to what is there, and by the way the picture was taken 20’ away. This is not going to happen in our facility.
For each item entered into the auction there will be a small charge to offset the handling, picture taking for advertising purposes, and for security of the merchandise. This charge will be determined later on, and may not be necessary. The charge would be added to the auction fee at the end of sale.
This is the fourth part, of a four part series about what is expected in the future by these writers.
Should you care to contact Dean Fry and partners the email address is