Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6387818
12/02/18 01:27 AM
12/02/18 01:27 AM
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Joined: Aug 2011
Posts: 1,624 Ohio
newtoga
trapper
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trapper
Joined: Aug 2011
Posts: 1,624
Ohio
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Remember different buyers may grade differently, so the price will be different. Some buyers might be upset when you say no and refuse to buy when you come back. A lot of variables in shopping fur around.
lifetime member NTA, OSTA, GTA
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6387830
12/02/18 01:41 AM
12/02/18 01:41 AM
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Joined: Nov 2018
Posts: 691 Saltlake city utah
Steelflight
trapper
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trapper
Joined: Nov 2018
Posts: 691
Saltlake city utah
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This is another factor you should take time during the summer to build connections. The better and stronger your net work. The better you will end up. Because pre season you will know at least where to start.jmho
You may think before you act. The question is did you listen to your own council?
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388065
12/02/18 11:12 AM
12/02/18 11:12 AM
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Joined: Sep 2010
Posts: 2,251 NE
Marty B
"arbitrary noob"
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"arbitrary noob"
Joined: Sep 2010
Posts: 2,251
NE
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So I have about 100 put up Muskrats that I am going to sell and I have several different fur buyers that I can take them to. Does everybody just take their fur somewhere and accept whatever prices they are given? Does anyone have a buyer give them a quote for their lot of fur and then take their fur to another buyer and compare prices? I realize that this seems like it may be a pain, but even a $0.50 increase on the average for 100 rats would be a difference of $50. Just wondering if anyone does this. What's the market for muskrats?What type of muskrats are you holding?This will answer your questions in short order. Anywhere you go in life its the sellers responsibility to know what he's holding, and where it falls on the spectrum of the current mkt, be it cattle, widgets, sweet corn, or rats. The best fur sellers are fluent in every market option reasonably available to them. They know when and where to use each. This comes with experience.
Try every local buyer around you. One of them will suit your personality, develop a relationship with that buyer. State association sales are good, and generate money for the good fight against people who would like to see us go away. International Auctions can be great if you catch the rhythm of the auction just right. They can be frustrating too, with no control over your fur. More like casino action, which can be fun at times.
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388086
12/02/18 11:33 AM
12/02/18 11:33 AM
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Joined: Aug 2011
Posts: 45,639 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,639
james bay frontierOnt.
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The auction is where you will get the true value of your fur.A large majority of local buyers ship your fur to auction,You might as well do it yourself.
Last edited by Boco; 12/02/18 11:34 AM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388093
12/02/18 11:44 AM
12/02/18 11:44 AM
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Joined: Dec 2006
Posts: 23,899 Wisconsin
The Beav
trapper
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trapper
Joined: Dec 2006
Posts: 23,899
Wisconsin
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True value of your fur? that's not going to happen no matter where you sell. Who ever buys your fur Is going to pay you what they think It's worth not It's actual value.
Shopping around In local area probably isn't going make you any more money. But sometimes your better off not selling In large quantities to one buyer. Split up those rats and sell smaller lots to several buyers. But try and make those lots fairly equal size and quality.
The forum Know It All according to Muskrat
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388106
12/02/18 12:01 PM
12/02/18 12:01 PM
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Joined: Aug 2011
Posts: 45,639 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,639
james bay frontierOnt.
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The reason your fur realizes true value at auction is that it is fine graded into an intersort with other pelts of the same value.These large lots are more attractive to the buyers because they are all the same colour,size,primeness etc in the better grades,and are ready to be manufactured into product after dressing.Instead of going into 3 grades,pelts of the same species at auction can go into 40 different grades.You don't want your 40 dollar pelts mixed in with 20 dollar pelts or you wont realize the true value of the better skins.You want your 40 dollar pelts in lots with other 40 dollar pelts to realize the true value of that pelt.You will have more than one buyer bidding on the better grades,thus realizing the best price (true value) of the pelts.
If you ship poor fur you likely wont be happy with its true value at auction.
Last edited by Boco; 12/02/18 12:05 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388130
12/02/18 12:28 PM
12/02/18 12:28 PM
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Joined: Dec 2006
Posts: 23,899 Wisconsin
The Beav
trapper
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trapper
Joined: Dec 2006
Posts: 23,899
Wisconsin
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It's still not the true value of that fur. It's what some one wants to pay for It and what It's worth to them. When the auction house fire sales fur Is that true value of the fur or Is It just your turn In the barrel?
The forum Know It All according to Muskrat
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388153
12/02/18 12:45 PM
12/02/18 12:45 PM
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Joined: Aug 2011
Posts: 45,639 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,639
james bay frontierOnt.
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I would say it is the true value of that fur at that time.I have never had any fur firesaled at the auction,and I have been shipping for almost 40 years to both. I have had damaged fur sold for low price,but that is a very small percentage,and I knew that when I shipped it. Some fur is just not worth much considering the high costs of dressing to the manufacturer.It costs the same to dress a poor pelt that it does to dress a good one,so that puts poor fur at a great disadvantage especially in todays market. And the laws of supply and demand means that manufacturers can get decent skins at a lower price right now,so on that basis,the lesser goods are right off the chart. If you can grade fur at all,there is better markets than the auctions for lower grade or dmgd fur right now.The craft market is one,but limited,and generally not a raw fur market,so you have to invest before your return is realised,and you have to"hawk"Your product so it takes time to move.A craft market needs to be developed if you want to have a semi reliable outlet.
Last edited by Boco; 12/02/18 01:12 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388171
12/02/18 01:00 PM
12/02/18 01:00 PM
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Joined: Dec 2010
Posts: 11,217 Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,217
Armpit, ak
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Last time I sold to a furbuyer I specified the conditions of the sale. He had a published price list for beaver. I told him if he takes more than 25% off the top price for any size of beaver send those back. If I remember right he had a 50% dmg reduction. That was B.S. for any hide not seriously damaged. 5-10% of fur damage and you are buying beaver for half price? He bought them all.
IMO trappers need to not be afraid to dicker or set terms.
Who is John Galt?
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Re: Getting The Best Price When Selling Fur
[Re: wissmiss]
#6388234
12/02/18 01:57 PM
12/02/18 01:57 PM
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Joined: Sep 2016
Posts: 6,645 MB
Jurassic Park
trapper
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trapper
Joined: Sep 2016
Posts: 6,645
MB
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Shopping around for the best price is always a good idea. However, there is one downside of doing that -
Say you take your rats to Buyer A and he/she makes you an offer you would consider. But you decide to see what another buyer has to offer. Do you take the rats to buyer B. He/she makes you a good offer but it isn't quite as good as buyer A's offer. You decline buyer B's offer and take them back to buyer A. Buyer A knows you have been shopping your rats around and now makes you a lower offer. Ow you are in a pickle.
There is nothing that says a buyer has to honor his initial offer if you walk. Some buyers will. Some buyers will not. Either is fair business.
You should confirm with buyer A how long his/her offer is good for..
I know it sounds not ethical but it is a fact of life This is true. One thing that could also happen is once you go back to buyer A does he have to re-grade your fur before making an offer again? Cause you could go home and take 30 rats out of the bundle and put 30 damaged or smaller rats in. Or he could re-grade and give you $.50-$1 less for a piece here and there and his offer is not as generous as the first one.
Cold as ice!
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388267
12/02/18 02:29 PM
12/02/18 02:29 PM
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Joined: Jan 2015
Posts: 3,446 Houghton Lake, MI
strike2x
trapper
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trapper
Joined: Jan 2015
Posts: 3,446
Houghton Lake, MI
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I haven't read this whole thread but my experience is if you refuse a first offer or tell a beer you need more for your stuff most generally you can get more if you goods are really worth more.
Wish I had more time to trap....
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Re: Getting The Best Price When Selling Fur
[Re: Driftlesstrapper]
#6388274
12/02/18 02:36 PM
12/02/18 02:36 PM
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Joined: May 2010
Posts: 2,711 The great cage state Colorado
Monster Toms
trapper
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trapper
Joined: May 2010
Posts: 2,711
The great cage state Colorado
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In this day and age there is no excuse to not have a general idea what your fur is worth. If you have 100 assorted rats I would guess your looking at a $2.75-$3.00 average. Chances of a .25 swing might be in the cards but doubt .50. How much running around can you do fuel wise $25 extra. Rats are an inexpensive item to ship, If you could break them into 3 Semi equal lots, sell 1lot to your closest local buyer, 1 lot at a state auction and ship the last to NAFA/FHA see just where they fall. It's a good time to learn values, all though selling these three lots would incur expense you should come out of it with a greater understanding of your rats worth.
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