Auktion Per 700

Auction sales

Inspection

Before each auction, the buyers have the opportunity to inspect the skins for sale. The inspection typically lasts for 4-5 days. It is an important part of the auction period, because the individual lots for sale are not displayed during the auction itself. The customers in the auction room have the sales catalogue only, including their own notes, to guide them in their purchasing.

During the inspection the customers see a cross-section of the skins only, the so-called showlots, which represent the many millions of skins.

Auctions at Kopenhagen Fur

Five times a year, the auction house in Glostrup becomes an international hub. Chinese, Greek, Russian, English, German, Korean and Japanese is spoken in addition to several other languages. The hustle and bustle at times resembles Copenhagen Airport during rush hour sooner than a Danish company in an otherwise tranquil residential neighbourhood in Glostrup.

The sales season with five annual auctions starts in December, when skins are newly pelted, and ends in September, when the last skins are sold. Prior to each auction, five to six inspection days allow customers to inspect and evaluate the skins. Each auction attracts between 500 and 700 customers from around the world.

At Kopenhagen Fur the hammer knocks for the highest bidder and the hammer sets the world market price for mink. At each of the five auctions, up to 7.2 million mink skins plus many other fur types are offered for sale. Kopenhagen Fur can sell skins for totalling over 260 million Euros during an auction. That translates into a sale of over 3,000 Euros per second.