Selling rugs on the internet is a poxy affair since a rug’s visual is only a small part of
To prevent a buyer from being able to handle it in person creates an enormous problem, especially for examples with superior materials/dyes; and that's what internet buying is all about.
On the other side it creates enormous advantages for sellers of examples with average or even mediocre ones.
Buying from major auction catalogs is equally as deceptive, however, the usual 10 days or longer period for a buyer to study an example, a luxury which is rarely if ever possible in internet sales, does somewhat level the field. Also catalog auctions tend to create more gossip whereas buyers tend to keep their mouths shut about rugs up for grabs on internet sales.
Sure, on a site like EBAY, auctions often have a seven to ten day period but for genuinely superior examples, which by the way rarely appear on EBAY, this is an illusion. Also EBAYers, who are buyers, are legendary for keeping their mouths shut about possible 'scores' they are angling to bag.
Besides those reasons why else does the same paradigm that works for major catalog sales not work on EBAY?
Basically because sellers are often enticed to end their auction early after been presented with what they might feel is an offer they can’t resist.
RK only mentions the above as a prelude to place our ‘experiment’ into some perspective.
Rugrabbit.com, which RK often calls rugraBID.com, has been online for three and a half years.
RK can’t help believing the owners copied our own buy/sell area, where we setup a freepost arena that anyone could use to sell their rugs, carpets and textiles.
RK was the first to initiate the freepost concept and, while we asked sellers to pay us a 10 percent commission on any successful sale it was on a honor system and was not enforced in any way.
The reasons RugKazbah’s buy/sell area never developed a following are not germane to this discussion, and we only mention rugraBID’s modeling our initiation of freepost to once again put our ‘experiment’ into perspective.
We also need to mention RK has purchased several excellent pieces on EBAY and rugraBID, regardless of the fact its owners of rugraBID have tried in every way to keep RK from even viewing, let alone buying, on their website.
This, too, is not germane to this discussion but we mention it for, right you are, perspective.
Two days ago, as an experiment, we posted these two pieces for “sale” on rugraBID.
The first, an embroidered Tekke asmalyk appeared in a small regional auction house last year and the other is a very famous late 16th century Anatolian village rug in the collection of the Vakiflar Museum in Turkey.
RK was the underbidder on the asmalyk at 6500 dollars, it sold for 6750 plus a 12 percent commission and, of course, we've had no deeper association with the Vakiflar piece other than admiring it for the past twenty or so years.
RK setup this experiment to see how the owners of rugraBID, who are both rug “dealers”, would act as well as how the audience of buyers would.
Before we continue RK would like to briefly profile them as we believe few in rugDUMB actually know much if anything about these two grifters.
Clearly the brains of the operation belong to sam coad who has somehow managed to remain out of a courtroom, prison or a hospital despite a life that could be easily likened to a plane crash where the pilot survives but all the passengers are killed and a rug career chocked full of chicanery, financial bamboozling and petty thievery.
Only in rugDUMB could a slimy operator like a coad, a dennis dodds, or others we can mention, remain active and somewhat prosperous.
The other half of this quite undynamic-duo is ben banayan, who unlike sam the sham coad, is nothing but an eager upstart with, as it seems to us, nothing to offer rugDUMB other than his desire to make money selling ‘old’ rugs regardless of the fact he knows next to nothing about them.
In all honesty we must mention coad does have a far better than average understanding of historic carpets that, and please don’t think RK is blowing our horn here but what we say is fact, is due to our having both directly and indirectly mentored coad.
RK will be glad to substantiate our statements with proof but right now more important things beckon and we will have continue this discussion as soon as possible.
Stay tuned for Part II