Hall and Hall Auctions Does More Than Sell Real Estate

By: Rob Hart

As popular as Farm and Ranch auctions have been around the country, live auctions have been a mainstay at charity events for years and years. As with any hard to value asset, charity managers have known donations sell best via auction. Hall and Hall loves to give back and contribute to as many great causes as possible.  Here is a list of some of our favorite charity events that we work and support.

  • The National Western Stock Show’s Junior Livestock Auction: Considered by many to be the National Championship of the livestock showing circuit, the Junior Sale is an opportunity for the best and brightest of our youth to show off their agricultural expertise and raise hundreds of thousands of dollars in educational donations.

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  • Weld County Junior Livestock Sale: Where the top 245 animals from the county are sold to support youth education, FFA, 4-H, and the local food bank.
  • RamStrength Lubick Foundation: When cancer victims are not in the position to both fight the fight and manage day to day financial responsibilities, look no further than RamStrenght; the only local charity providing financial assistance for all types of cancer survivors in Northern Colorado.
  • Colorado State Volleyball: Even at the best universities, it’s not possible to fund every sport to the necessary level without community support.  The Season Banquet has become one of the great opportunities for Ram Volleyball fans to give back and support the volleyball team.
  • UCHealth Poudre Valley Hospital and Medical Center of the Rockies: The Spring Benefit is one of the biggest live auction events in Northern Colorado. Raising hundreds of thousands of dollars each spring to help the less fortunate better manage medical expenses.
  • St. Jude Evening of Hope: The signature fundraising event in Denver, Colorado, supporting the lifesaving mission of the Children’s Research Hospital. St. Jude Rare Whiskey Auction: Another great event to both add to your high-end liquor collection, and raise money for Children’s Medical Research. St. Jude Annual Toy Auction:  Each year auctioneers from around the country descend on the hospital to perform the National Auctioneers Association’s annual toy auction.  Millions have been raised over the years and every child goes home with a toy.
  • Pearl Harbor’s Pacific Aviation Museum Gala Fundraiser: Developing and maintaining an internationally recognized aviation museum that educates the young and honors the aviators that defend our freedom.

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We donate our time and expertise to these great charities for various personal reasons.  However, there are many more which deserve time, money and attention. We encourage everyone to pick a great organization that means something to you and support it to the maximum of your ability.

 

 

 

Scott Shuman Named 69th National Auctioneers Association President

Scott Shuman, CAI, of Eaton, CO, and head of Hall and Hall Auctions will serve as President of the the National Auctioneers Association (NAA). After serving one year as NAA Vice President,  Shuman formally accepted office as NAA President on Thursday, July 13, during the NAA International Auctioneers Conference and Show.

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Thirty-two previous NAA presidents lined up at the sold out President’s Gala to officially pass the ceremonial gavel to Shuman. In fact, it was passed hand by hand along the line of previous presidents until it reached the hands of its newest recipient. Shuman described the ceremonial welcome as one of the best moments of his life.

In addition to Shuman’s accomplishments, Hall and Hall won three USA TODAY marketing awards at the conference.  Thank you to Krista and the rest of the Hall and Hall marketing team for their exceptional efforts.

Hall and Hall Gives Back

By: Rob Hart

Hall and Hall’s unique partnership model makes it hard to achieve consistency at times.  Every partner has an equal say in how we operate, how we donate, and how we volunteer.  As you might expect, the opinions vary greatly, so the company has chosen not to “donate” under its own name.  But that doesn’t stop Hall and Hall from encouraging and awarding their staff for supporting worthy causes.  Tens of thousands of hours and dollars are privately donated annually, and many sit in leadership positions which support worthy organizations around the country.

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However, not everything can be done confidentially.  As professional auctioneers, our auction department has the opportunity to openly volunteer at great charity auction events around the country.  In 2016, the Hall and Hall auction department volunteered at 18 charity events from coast-to-coast while generating millions of dollars for children’s programs, medical research, athletics, agriculture, and the environment. If you support a great cause, give us a call.  If we have an open date, we’d love to help.

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Nebraska Farm & Ranch Auction Fetches $37.5 Million

The Thomas Land Company auction conducted December 1, 2016 offered more than 28,000 acres of mixed western Nebraska irrigated land, dry farm land, and ranch property.  The sale drew a capacity crowd of about 400 persons, and nearly 130 registered bidders.

Before the auction began, Thomas Land Company President Lola Thomas addressed the crowd. She delivered an emotional thank you to the community for the happiness given her recently deceased husband Mike. She expressed hope that the offering of the land in 50 parcels would allow local farmers to add onto their holdings.

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The Hall and Hall team included three Hall of Fame auctioneers and World Champion auctioneer Spanky Assiter was aided by spirited competition between both locals and large out-of-state investors. The land, offered in 50 parcels, was auctioned over nearly eight hours. The auction was a success. Mrs. Thomas expressed her gratitude to successful and unsuccessful bidders.

Colorado Land & Water Auction Rakes in $12.6 Million

The auction of a family-owned farm near Mead, Colorado raked in $12.6 million Thursday, July 28th as farmers, developers and five cities bid for land and the attached water and ditch rights. Below are excerpts from the Denver Post article reporting the sale.

The auction was packed with bidders, and 13 emerged with a piece of the Reynolds family portfolio. Municipalities, developers and farmers all grabbed units of Colorado-Big Thompson water (CB-T), while developers and growers signed deals for land.

The auction was of high interest, given the land’s location in the path of northern Front Range development and the large amount of water attached to it.

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Hall and Hall Auctions partner Scott Shuman said 276 CB-T units brought in the largest chunk of money, about $7.6 million or an average of $27,356 each. The CB-T units, already trading for high sums, were expected to be the most pricey given their given their scarcity and the ability to use the water for uses such as agriculture, development and industrial processes, including oil and gas extraction.

But on a per-share basis, the 15.75 Highland Ditch shares stole the show, averaging $148,900 each for an estimated total of $2.3 million. All the shares were sold to farmers or investors.

Although CB-T water got most of the attention prior to the auction, Shuman said the ditch shares provide more acre-feet of water than CB-T and are not limited to a specific geography. CB-T water, which is conveyed from the headwaters of the Colorado River near Grand Lake, can be used only within the boundaries of the Northern Colorado Water Conservancy District.

The 461 acres of land averaged $6,970 each, bringing in roughly $3.2 million. At the last minute, 50 acres of land and two Highland Ditch shares were added to the auction.

 

Scott Shuman Elected as VP of National Auctioneers Association

Yesterday, our Partner Scott Shuman was unanimously elected as Vice President of the National Auctioneers Association (NAA).  In one year,  he will rotate into the Presidency.  It’s a great honor and testament to Scott and Hall and Hall’s reputation within the Auction Industry.

Founded in 1949, NAA is the world’s largest professional association dedicated to auction professionals. Headquartered in Overland Park, Kan., the NAA represents the interests of thousands of auction professionals in the U.S., Canada and across the world.

Scott has more than 29 years of auction experience attending auction school in 1986 and opening an auction firm shortly thereafter.  He is the 2014 Colorado State Champion Auctioneer, and was awarded the 1997, 2002 and 2014 Auction of the Year awards from the NAA, as well as the prestigious Rose Award presented by the Certified Auctioneers Institute. Scott has served as an instructor for the Certified Auctioneers Institute and Trustee for the NAA Education Institute.  He is a past CAA Board member and currently serves as a director on the NAA Board.  Scott and his wife Krista reside in Eaton, Colorado with their three children. Their hobbies include snow skiing and cheering on the Denver Broncos.

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