Auctions, Cast Iron — June 30, 2013 at 9:34 pm

Bertoia’s March 16 Cast-Iron Auction Results

VINELAND, NJ – To quote the legendary New York Yankees catcher and inveterate quipster Yogi Berra, it was “déjà vu all over again” on March 16th at Bertoia’s. The popular New Jersey auction house took a step back in time with its 300-lot Concept Sale in which no buyer’s premium was applied to purchases made in the gallery. Other forms of bidding – absentee, phone and Internet – were equally welcome, but those choosing to participate through remote methods paid a buyer’s premium that ranged from 18% to 23.5%, depending on how they preferred to settle, e.g., check, credit card, etc.

Michael Bertoia presided over the auction, which drew approximately 100 people to Bertoia’s gallery and realized close to $100,000. All lots were offered absolute and without reserve. The auction was 100 percent sold.

“Some people drove in from as far away as the Midwest and New England because they felt the zero-percent buyer’s premium would essentially cover their travel costs,” said Bertoia Auctions’ owner, Jeanne Bertoia.

Read the complete article by subscribing today! Click here now.