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Posted By: barrysloate

There are two basic ways to sell something: by private sale or by auction.

If you won't take less than $1500 for your $1000 item, auction is not the way to go. Offer it privately for that amount, and know full well you may not sell it.

But once you agree to put it up for auction, you should be prepared to take what the market will bear. If that scares you, then auction is not the way for you to go.

That's the way I see it, and I know not everyone agrees.