SeeAuctions.com an eBay alternative for antiques & collectibles only

SeeAuctions.com eBay alternative for antiques & collectibles only

 

I received a press release in my inbox from the founder of a company which I had the pleasure of interviewing a while back on The AuctionWally Show. He is Mike Kranz from SeeAuctions.com.

Click here to hear that interview.

I decided to give Mike a call to get the  inside scoop on some things that are important to me as an online seller and auctioneer, which were not covered in the Press release.

Below is a result of that conversation.

I plan to have Mike or someone from SA on an upcoming episode of the AuctionWally Show for a followup on this interesting company.

 

Walt: What's the best selling category on your site right now?

Mike: U.S. silver and gold coins, and paper currency. Graded lots are selling better.

Walt: Which selling format is doing best?

Mike: By far, that would be auctions, more specifically, "no reserve auctions".

Walt:  What's the biggest challenge to running the site?

Mike: Well, we only allow authentic antiques and collectibles that are properly represented to be sold on the site. It's quite a chore to police the listings, and remove listings that are not legitimate. Outright frauds are taken off immediately, and the dealers are given a warning not to violate that policy again. If they do so, they are banned from selling on the site. If it's a case where we feel the dealer may have inadvertently given some incorrect information, we'll work with them. 

Walt:  Tell me something that's not in the press release you feel people should know about SeeAuctions.com

Mike:  Because we have no final value fees, there are a lot of sales being made on SeeAuctions that are not reflected in our stats. You see, if a seller lists a lot of 50 antique books for $700 as "purchase now", which is what we call our fixed price format, that seller may be willing to negotiate, and end up selling that to a buyer for a lower price, that sale is not recorded in our statistics. We don't get a final value fee and since our selling platform provides a very low barrier between the buyer and seller, we have no need to track that as a sale.

We know that this is being done often because users are reporting it very enthusiastically on our forum boards, and through email.

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