Shauna Lee Lange, the Founder and Principal of Lange Auction House, LLC in Key West, Florida, announced today that her auction house business will be permanently closing its doors on September 30th. Ms. Lange cites the downward economy, the rising costs of living expenses, and the increasing numbers of people moving out of the Florida Keys as the cause for her decision. In an interview recently, she said:
“Lange Auction House is a fine, full-service auction firm specializing in auctions, estate sales, appraisals, and liquidations. With volatility in the marketplace, valuation becomes an extremely difficult science and a complex business challenge. We continued to receive multiple requests, up and down the Keys, for total and complete liquidation sales and services from property owners who unrealistically expected more than top dollar for very common place items. Auction Houses on the whole are maintaining their operating costs in the rest of the country where supply and demand are more equally balanced. However, residents of the Florida Keys (and particularly Key West) still retain a rich history of salvage, wreckage, piracy and treasure lore and spirit. We simply found it increasingly burdensome to separate the imbalance of fact versus fiction in the honorable re-sale and public offering of personal property found in this region.”
Lange, who previously ran a professionally licensed arts advisory in the Washington, DC metropolitan area will return to her love of art both as a working artist and arts advocate and advisor with a special interest in public art, antiques and collectible art. Ms. Lange explains that while she is winding down shop, including her company’s membership in the Key West Chamber of Commerce and the Key West Business Guild, she will remain available to try to assist the community with personal property needs and advice until the end of the calendar year 2011.