17th August 2022
Market confidence was still high at the recent four-day sale at Europe's largest auction site in Leeds with 5000+ lots going over the ramp. With a hammer total of just over £42m this sale was a staggering 25% up on the same sale in August 2021, showing confidence in the auction process, and sellers realising strong prices with lots of fresh kit in the sale which pleased buyers.
The floor total for the sale was just over £12m with online sales being £30m representing 71% of the total sale, and the total for the timed-ring auction being £600,000. Registered vendors for the sale numbered 531, from 22 countries, with over 11% of buyers being first-timers and new to Euro Auctions. In addition, at this sale, the numbers of lots on sale were 10% over the same sale in August 2021, with the average lot price up by 25%
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