Our Auction Blog

Business owners incur plenty of costs. From employee salaries to rent to equipment — the list goes on and on.

One thing businesses might not think about is the depreciation of their equipment. Do the old computers your employees use cost your business unnecessary money? Should you have sold that construction tractor three years ago and purchased a new one before its service life ended?

Depreciation can be described as the decrease in value of an item over time, typically due to age and the condition of the item. By knowing the service life date of common residential and commercial items, it will show how fast the item depreciates and that old used truck is costing your business more money than it’s worth. (more…)

100 gun lot at dakil auctioneers

Rare guns are regularly sold at auction across the nation, and we’ll be auctioning off a lot of over 100 firearms, each with a unique story, at an auction Friday, October 14.

While each gun has a story to tell, stories from seven of the models up for sale are too good not to share. From being favored by a president, a few that played a role in making great strides for firearms, and one valued at a pretty penny, these guns have played a big part in our country’s history. (more…)

Close up of a man holding car keys and a car in the backgroundFor those who haven’t sold an item at auction, it may feel like an overwhelming and intimidating experience. However, it shouldn’t.

Selling your car at auction is a wise, timesaving, and profitable way to get rid of an unwanted vehicle. Whether you’ve got a car sitting around that hasn’t been driven in a while or you want to purchase a new or new-to-you car, our team at Dakil Auctioneers, Inc. is ready and willing to help you get top dollar for your vehicle.

We’ll teach you the steps necessary to prep your car for auction and the terms used when your item is on the auction block. (more…)

close up of antique gunsOne interesting thing about buying a gun at auction is the history or story behind the firearm. From famous gunsmiths, historical figures, and more, each gun has a unique story.

Below we’ve compiled five rare guns sold at auction and the stories that make them irreplaceable.

 

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Empty office desk and chair

Two of the main forms of liquidation auctions held at Dakil Auctioneers, Inc. are for restaurants and businesses. We recently covered what home chefs and restaurateurs should know before attending a restaurant liquidation auction, so as a follow up to that, we will discuss what buyers and sellers should know when going to a business liquidation auction. (more…)

As summer heats up, so does the excitement at Dakil’s auction house. We’ve got several upcoming auctions you won’t want to miss because you never know what gems you’ll find.

Outside of Oklahoma City, auction gems around the world are making headlines. From an Olympic gold medal to a retro car with a crazy secret, check out what’s up for bid this summer.  (more…)

No matter what you have to sell at auction, you’ll generate the most interest – and potentially a higher selling price – by taking the time to prepare and organize your items. From giving your pieces a thorough cleaning to providing as much information about big ticket items as possible, these ideas will help you maximize your selling price and have a successful auction. (more…)

The auction environment is like no other: high-energy, fast-paced excitement – it’s an adrenaline rush for newcomers and old pros alike. When you stop to think about it, the emotional aspects of bidding and buying undoubtedly factor into auction day hype. Read on to see how psychology plays an important role in the moments leading up to “SOLD!”

Connecting lines of light on diagram of head
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What do you call a couple who quit their jobs to start a business in their spare bedroom that would one day become a national industry leader in auctions? You call them visionaries. That’s precisely what Louis and Susan Dakil did 33 years ago in 1983 when they started Dakil Auctioneers. Today, the company performs between 100 and 150 auctions per year, many of which are held in their impressive auction facility in Oklahoma City.

Downtown Oklahoma City
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Getting rid of household items can be overwhelming and often emotional. And when loved ones and memories are involved, it can make the process especially tough. Whether you are downsizing, regrouping after a loss, or simply need to reorganize, you aren’t limited to yard sales, Craigslist, and eBay. In fact, an auction may be the perfect way to move items out of your house; let someone else do the leg work, and make a profit along the way. (more…)

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Upcoming Auctions

May
21
Tue
10:00 AM May 2024 Oil & Gas
May 2024 Oil & Gas
May 21 @ 10:00 AM
May 2024 Oil & Gas
-Oil & Gas Auction- -Mineral Interests / Overriding Royalty Interests US Bankruptcy Court & Owners Date & Time Tuesday, May 21st, 2024 – 10:00am Location & Directions Dakil Auctioneers, Inc 200 NW 114th St., Oklahoma[...]
May
23
Thu
9:00 AM Formerly The Service Station*Res...
Formerly The Service Station*Res...
May 23 @ 9:00 AM
Formerly The Service Station*Restaurant & Bar
RESTAURANT EQUIPMENT NEW & USED*SPORTS BAR*MEMORABILIA*SIGNAGE Date & Time Thursday, May 23rd, 2024 – 9:00am Location & Directions Items Located At: 502 S. Webster Norman, Oklahoma and 200 NW 114th Street Oklahoma City, Oklahoma Auction[...]
Jun
5
Wed
10:00 AM June 2024 Real Estate
June 2024 Real Estate
Jun 5 @ 10:00 AM
Date & Time Wednesday, June 5th, 2024 – 10:00am Location & Directions Auction To Be Held At: Dakil Auctioneers, Inc. 200 NW 114th St., Oklahoma City, OK Sale Information Registration will begin at 9:00am on[...]