Fur Harvesters Auction held their first auction of the season this past weekend, and the results are very encouraging for furtakers. A news release from FHA calls the sale “one of the most successful January auctions in our company`s history.”
The full release and auction results are below:
Jan 7 2012
Fur Harvesters Auctions first sale of the season was one of the best opening auctions in our company`s history. Over 20 Chinese of which many were first time to North Bay took a very active position throughout the day. All International markets were represented with over 50 active buyers competing, resulting in all time record prices for articles such as Arctic Wolves, Arctic Fox and Polar Bears.
Beaver which averaged $19.50 last January and averaged $31.50 at today`s auction an increase of 60%. No one can recall such a tremendous increase over such a short period of time. This will come as great news to all beaver trappers and is long overdue. Long hair items like Red Fox witnessed huge price hikes as well with several lots selling over $100, finishing the day with eastern fox averaging $53.43 an increase over 90% compared to last January. Otter continues to advance with China and Greece competing aggressively. Otter advanced over 80% over last January`s level with a final overall average coming in at $82. Muskrats continue to sell strong with a clearance of 100%.
Our Arctic wolf collection sold at an all time record high with many countless skins selling between $800 to over $900 with a closing average of $403. Arctic fox topping at $200 and averaging $71.92 broke an all time historical record.
Everyone at Fur Harvesters Auction wish to thank the great many buyers that attended and made this sale one of the most successful January auctions in our company`s history. Members of our team are currently promoting wild fur at the Beijing fur fair and the following week will see us in Istanbul fur fair, Turkey. Our March sale is well positioned as it follows the two most important Fur Fairs in the world…Hong Kong, and Milan. We are optimistic that our offerings will surpass last season high production levels. In closing we wish to thank all of you who put your trust and confidence in marketing your great product through North Bay.
CEO, Fur Harvesters Auction Inc.