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Major Wild Fur Articles Achieve High Clearances

May 31, 2016

Over the first two days of the Spring sale, NAFA sold the vast majority of its remaining 2016 wild fur collection, with a stronger assortment of better-colored Western Lynx Cats advancing 40-50%.

Overall results were better than expected with high sales percentages realized across most key articles. Nevertheless, the prices achieved in this sale, and so far this year, remain very disappointing for most articles.

Today, 327,000 Musquash and 340,000 Raccoon sold 100% at low prices, but the 100% clearance levels clearly demonstrate that there is potential for improvement in the future.

80% of the Heavy Western Coyotes sold again at high prices while commercial Eastern goods met with some resistance.

NAFA’s collection of Western Lynx Cat sold 100% at significantly advancing prices under strong competition, especially from the Italian fashion industry, for all larger sizes and clearer bellies. The Top Lot of Lynx Cat was purchased by FENDI of Rome, Italy for $1,100.

Can-Am Sable and Fisher will be offered on Thursday, June 2. NAFA’s Spring 2016 sale will continue tomorrow with the sale of ranch mink.

Full PDF Report: 05-31-2016-WF-PDF