The September Saga Furs auction started with positive messages
The September auction of Saga Furs started today with the offer 734,000 White Pearl mink fur. Despite the difficult market situation, there were more than 60 actively participating buyers in the auction room, which we have not seen in any live auction since the beginning of the coronary pandemic.
Saga Furs managed to sell it 80% of female White Velvet, while White and Pearl were sold at a rate of almost 100%. Prices remained unsatisfactory, but sales per se are a positive element and are valued by the industry. In some parts of these furs, prices have been on the rise, compared to recent international auctions. China has been a dominant buyer with support from Turkey, mainly in males.
The offer of 729,000 Silverblue mink, sold at high rates and Silverblue Velvet females were sold at a rate 90%. in addition to, the offer of Sapphire, unique North American mutation mink and their 32,000 Blue Iris were sold at a rate of almost 50%. Here, too, China dominated with strong support from Turkey for the males.
Demand for North American collections
BLACKGLAMA males were sold under intense competition and succeeded 70% sales. The main buyer country was China, with support from Greece. Travel restrictions and lack of support from Korea, resulted in low female demand. It should be noted that the prices of these skins remain very low.
The North American mink collection was sold at almost a percentage 100% in a fairly active room. Pastels and Mahogany were sold at high rates in China with the support of Turkey.
During the first three days of the auction, Saga Furs sold more than 2 million. mink.
The offer of 621,000 male Brown minks sold at a rate 70%, with the normal quality collection being sold at a higher rate 50%. Οι συλλογές κανονικής ποιότητας Mahogany και Black επίσης πουλήθηκαν σε χαμηλότερα ποσοστά από τα Browns.
Palomino were sold in large quantities, mainly female collections, while the male collections achieved lower sales rates mainly in the classic collection.
European females were sold in the same way as male furs were sold. The dominant market was China, with high rates of velvet type purchases, while the classic types had lower sales rates.
Cross mink was sold mainly in China with the support of European buyers, mainly Turkey and Greece.
Silver Cross had the highest sales percentages with a percentage 70%.
Sales continue with breeders.