Wednesday, September 2, 2009

What's he worth?

I think that one of the most often asked questions during this sale is "What is he worth?", or "How high do you think that one's going to go?" These question apply to the one's starting at $800 as well as the ones that have climbed to $3000. We have families come in looking for a calf that will be competitive on a national level as well as families looking for something that will be competitive on a county level. Sometimes it is tough to answer.

My first response is normally, "What is your goal and what are you willing to spend on achieving that goal?". The answer is different for everyone and in a lot of cases you have to keep in mind that if you fall in love with a calf that you see in the pasture, you have to know what it is worth to you.

For example, have you been watching Lot #90? Obviously there is something about that "puppy" that has caught the heart of several bidders. When you find the one you really want you have to stick with it if it is within your means. I have never walked away happy from an auc tion when I was in second place. I think that is buyers remorse in reverse.

One thing about this auction is that you should be able to find the calf for your needs as well as your means. We have all kinds for every type of show. Another thing is that when you have bidders from over 24 states looking at them and bidding on them, you will have a good idea of what they are actually worth in the real world. So when people ask me what I think they are worth I usually tell them that we will ALL know after Labor Day.

After Labor Day I will be able to point out to my husband that our Lot #90 is OBVIOUSLY worth a LOT more than what he keeps saying he's worth. Sometimes it is best to let the people speak. They know a good one when they see him!

ADVICE FOR THE DAY:
BID HIGH AND BID OFTEN!

HAPPY BIDDING!

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