Woodwards Auction of Collectable silver shows that there is strong demand for mid-level priced items with many buyers investing in silver instead of other commodities.
With internet and absentee bids from home and abroad on over half of the items, the bidders in the room were having a tough time getting their hands on their preferred lots.
Tom Woodward said ‘We are working hard on gaining absentee bids from abroad by investing in our own site and collaborating with most of the online bidding sites. In this auction we had bids from all over Ireland and England– both regular and new, one from Scotland, a bunch from America, one from South Africa and two regulars from Australia. With silver items mainly being small and easily posted, we have opened up our auctions to a worldwide audience of bidders.’ Woodwards were the first Irish auctioneers to sell properties on the Internet, many years ago. ‘Technology, and selling using that technology, is developing fast and we make sure that we are to the forefront of that by partnering with these groups and websites. We also use Facebook to market properties and auctions and have found a growing number of people accessing out information through this media’
Woodward will have a silver section in their forthcoming auction