RICHaRd BaR­NETT

Classic Car Weekly (UK) - - Auction News -

I’ve spo­ken with plenty of peo­ple, both traders and en­thu­si­asts, who are con­cerned about the num­ber of sales be­ing held, and the num­ber of new auc­tion busi­nesses start­ing up. You’ve got to ask do we re­ally need more sales? If any­thing, we could prob­a­bly do with fewer, and spread more across the year. We re­cently had a case of four auc­tions on one week­end, with three sales tak­ing place on the Satur­day. Is that good for buy­ers and sell­ers? I’d have been wor­ried if I had a car in a sale on that day. But along with a some­times fit-to-burst­ing auc­tion cal­en­dar, there’s been a re­cent rise in new busi­nesses start­ing up. Yes, com­pe­ti­tion can be good, but only if those new com­pa­nies bring high lev­els of pro­fes­sion­al­ism with them. With­out new blood rais­ing the bar, the whole clas­sic auc­tion in­dus­try could suf­fer as a re­sult of get-rich-quick mer­chants.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.