NAFA NEWS AUCTION EDITION February-March 2018
IN THIS ISSUE: · President's Message · The world's Fur Trade comes to NAFA for the unified mink collection · Upcoming Calendar of Events · February Top Lots · Auction Results 65 SKYWAY AVE. TORONTO, ON M9W 6C7 CANADA | TEL: +1.416.675.9320 | FAX: +1.416.675.6865 | WWW.NAFA.CA
2 President's Message Dear Rancher,
Now that our first auction of 2018 has wrapped up, I would like to report to you on what took place during our February/March sale. I know that many ranchers could not attend the sale as its overlap with this year’s breeding season.
Despite the difficult market conditions that continue to plague our industry, NAFA was certainly proud of what we accomplished during this auction. Yet, we know that the price levels that were achieved in selling your fur are still, in most cases, short of your full cost of production. Therefore, while there may not be a lot to celebrate coming out of this auction, we want you to know that we did all that was within our power to get you the most money for your fur. NAFA certainly did its job in making sure we had all the buying power in the auction room during this past sale. There is also little doubt that the unified mink collection and the many overseas workshops and buyer solicitation activities that we’ve sponsored over the last year, paid off in bringing buyers to NAFA. In total, nearly 400 buyers, representing all major markets, attended this auction and actively competed for your mink every day. The result was that NAFA successfully sold over 85% of the 4.2 million mink that we had on offer.
NAFA was especially gratified to receive strong support at this sale from a large contingent of 40 Koreans. The unprecedented number of Korean buyers made all the difference when it came to increasing competition on many lots that pushed China, Greece, Russia, as well as those from the global fashion trade (Italy in particular). This level of support reflects another obvious benefit of unifying the North American Mink collection under one roof. NAFA did all that we could to hold the line on prices throughout the sale. Our selling strategy seemed to be effective as we saw many buyers go back into the catalogue, especially upon request from the online viewing rooms, to buy mink that was not going to be reduced in price. In the end, many knowledgeable buyers commented positively about our selling policy and the overall management of the auction. We heard numerous comments from buyers that this offering was the nicest and deepest collection we ever assembled. This sale also further demonstrated the inherent value of the world’s two most famous labels, Black NAFA and Blackglama, coming together. NAFA sold over 1.1 million Black mink at premium prices relative to most other mink.
We will gain further insights on the direction of the 2018 market over the coming weeks, when SAGA and Kopenhagen will, collectively, be offering over 10 million mink for sale. At our next sale in May, NAFA will offer another stellar collection of over 4.2 million mink, including 1.1 million top quality Black NAFA/Blackglama mink, as well as our largest selection of exceptional wild fur for the year. In the meantime, our buyer outreach program has already begun for the May sale, with events in China, Korea, Russia and Greece, in the coming weeks (See the upcoming events on the next page for more details). NAFA will be hard at work doing all that we can to make sure that we have the same, if not more, buyers at our next sale to strongly compete for your fur. We hope to see many of you in May at our sale. Until then, I wish you the best of luck with this year’s breeding season. Sincerely, Michael D. Mengar
President and CEO
2
3
The world's Fur Trade comes to NAFA for the unified mink collection
The unification of North American mink production was a hot topic during NAFA’s sale, in particular, the black mink collection, offered jointly under the Black NAFA and Blackglama labels. Buyers in all markets commented on the size of the mink collection but, more importantly, the depth and quality of NAFA’s assortment. “This is the nicest and largest collection of North American mink I’ ve ever seen” was heard on more than one occasion from various buyers. Further proof of the quality of the collection and NAFA’ s international marketing program is that both Black Mink Top Lots sold for over $2,000.
NAFA is proud to be the only international auction house to offer this full range of North American mink which helped to draw the largest attendance at a sale so far this year. Despite the difficult road that we all travelled to get here, NAFA believes that this year’ s auctions will demonstrate the benefits that we have always hoped to realize from having a largely unified industry. NAFA is the only auction house with a majority owenership by North American ranchers, assuring you that we are 100% focused on continually achieving the maximum return for all of our producers.
2018 Upcoming Events NAFA is participating in many buyer solicitation and trade events before our next sale. For more details on these events as they happen, visit www.nafa.ca Mar 14-16
Shanghai, China - CHIC
Mar 22-25
Athens, Greece - Fur Excellence & NAFA Gala Show
Mar 19-20 April 22 - 24 April 23-27 May 3 - 6
May 15-21:
Seoul, Korea - Seoul Fashion Week
USA, Chicago - ILOE - International Luxury Outerwear Expo Pyatigorsk, Russia - Fur Fair & NAFA workshop Kastoria Fur Fair, Greece
NAFA May Auction (on show May 10th)
3
4 February 2018 Top Lots The top lot of Black NAFA — Male was purchased by Aifeimi Fur, of Tong’ erpu, China. Produced by Zimbal Mink for $2,000.00
The top lot of White Mink — Male was purchased by Hurwitz Exports, Ltd, for MELE 1880, of Napoli, Italia. Produced by Sandy Bay M.R. for $240.00
The top lot of Black NAFA — Female was purchased by Harbin Guifuren Fur Square, of Harbin, China. Produced by Zimbal Mink for $2,050.00
The top lot of White Mink — Female was purchased by Tryfon Ditsios, DTS SA for EUROPA FURS, of Kazakhstan. Produced by Sandy Bay M.R. for $230.00
The top lot of Mahogany Mink — Female was purchased by Stuart Bewley of Polar Furs for Haining Zhongyue Furs Clothing Co., Ltd., Brand Louisky, of Haining, China. Produced by Ball Bros. for $200.00
The top lot of Violet Mink — Male was purchased by The Gorski Group Collection and Produced by Zimbal Mink for $230.00
The top lot of Demi Brown Mink — Male was purchased by Mechutan Fur Corporation for Jinpeng Fashion Co., Ltd. Brand Name: Bao Xi Xue Fur, of Tong’ erpu, China. Produced by Walt Brown for $180.00.
The top lot of Violet Mink — Female was purchased by The Gorski Group Collection and Produced by Zimbal Mink for $230.00
4
5
AUCTION REPORT
FEBRUARY 2018 Price breakdown US$
Auction Results
BLACK MINK MALE Size
Offered Sales % Top
2,622 100% 70.00
Offered Sales % Top
51,767 100% 72.00
Offered Sales % Top
207,614 92% 2,000.00
Offered Sales % Top
217,084 84% 53.00
Offered Sales % Top
89,073 86% 44.00
Offered Sales % Top
18,626 100% 34.00
Offered Sales % Top
586,786 89% 2,000.00
Grades
1X
MN
LN
5X0
4X0
Black NAFA - Blackglama Silver Bronze Nap Average VSL
63.79 56.00 60.91 57.00
62.38 54.44 61.19 55.21
51.04 48.00 50.59 46.67
49.00 42.00 46.26 42.00
-
000
Black NAFA - Blackglama Silver Bronze Nap Average VSL
52.51 47.94 51.14 49.87
55.00 47.51 53.78 48.21
46.46 43.01 45.84 42.00
43.36 36.21 41.25 37.54
-
00
Black NAFA - Blackglama Silver Bronze Nap Average VSL
45.01 39.96 43.44 39.57
48.28 40.75 46.66 40.78
38.80 34.36 37.84 34.93
34.33 31.20 33.74 31.70
-
0
Black NAFA - Blackglama Silver Bronze Nap Average VSL
37.66 33.95 36.87 33.24
39.23 33.43 38.03 33.99
30.68 29.00 30.35 28.92
27.25 25.00 26.89 27.82
-
1
Black NAFA - Blackglama Silver Bronze Nap Average VSL
30.83 29.69 30.51 28.57
31.66 28.33 31.15 28.59
25.71 24.87 25.56 23.92
24.73 19.00 23.48 18.00
-
Offered Sales % Nap Average
69,297 93% 45.82
426,980 86% 48.89
76,252 96% 38.08
14,257 100% 31.22
-
-
-
47.69
48.24
XD
44.59
DK
44.73
DBR
Clarity
All grades & sizes
29.65
Price breakdown US$
BLACK MINK FEMALE
Size
Grades
1X
1
NAPS 2
3
827 100% 47.00
Offered Sales % Top
58,653 100% 45.00
Offered Sales % Top
260,851 100% 2,050.00
Offered Sales % Top
256,346 85% 34.00
Offered Sales % Top
64,026 95% 28.00
Offered Sales % Top
640,703 93% 2,050.00
4
XSN
SN
SMN
MN
LN
0
Black NAFA - Blackglama Silver Bronze Nap Average VSL
34.24 32.00 33.57 32.00
41.12 33.26 39.66 33.82
31.97 27.42 30.97 27.00
27.00 27.00 -
-
1
Black NAFA - Blackglama Silver Bronze Nap Average VSL
28.50 27.00 28.16 27.00
37.36 27.79 35.82 28.15
30.24 23.96 28.82 23.24
23.03 21.62 22.66 21.00
-
2
Black NAFA - Blackglama Silver Bronze Nap Average VSL
23.11 22.00 22.84 22.19
29.08 22.66 27.80 23.02
23.87 19.45 23.06 19.30
16.50 16.50 17.43
-
3
Black NAFA - Blackglama Silver Bronze Nap Average VSL
19.82 18.00 19.26 18.50
22.92 18.70 22.09 18.21
18.68 15.98 18.19 15.66
15.92 14.00 15.52 14.17
-
Offered Sales % Nap Average
41,620 99% 25.19
493,745 94% 31.42
86,072 97% 23.73
19,266 39% 18.20
-
Black NAFA - Blackglama 45.36 Silver 37.00 Bronze 00 Nap Average 43.86 VSL 37.38 ON | 416-675-9320 NORTH AMERICAN FUR AUCTIONS | 65 SKYWAY AVE, TORONTO, | WWW.NAFA.CA
Offered Sales % Top
All Sizes BLK
All grades & sizes
4
SMN
FEBRUARY 2018
Color
3
55.78 55.00 55.61 -
XXD
Color
2
68.14 59.00 67.25 60.36
BLK
SN
NAPS
66.00 65.00 65.62 -
AUCTION REPORT
All grades & sizes
1
Black NAFA - Blackglama Silver Bronze Nap Average VSL
All Sizes
XSN
30.01
XXD
33.51
XD
28.32
DK
28.79
DBR
2018-03-03 -
21.38
Clarity
All grades & sizes
5
Price breakdown US$ MAHOGANY MINK MALE Offered Sales % Top
4,863 100% 63.00
Offered Sales % Top
38,304 96% 59.00
Offered Sales % Top
106,461 72% 52.00
Offered Sales % Top
95,705 50% 44.00
Offered Sales % Top
41,431 96% 36.00
Offered Sales % Top
8,229 100% 30.00
Offered Sales % Top
294,993 73% 63.00
Size
Grades
1X
XSN
All grades & sizes
2
SN
SMN
3
4
MN
LN
5X0
Gold Silver Bronze Nap Average VSA VSB
62.62 62.62 -
58.80 54.79 57.85 -
53.77 53.77 -
48.00 48.00 -
4X0
Gold Silver Bronze Nap Average VSA VSB
57.87 55.40 57.28 -
55.01 49.94 53.59 -
48.62 45.07 47.03 -
51.23 44.00 47.55 -
48.93 48.93 -
000
Gold Silver Bronze Nap Average VSA VSB
50.22 47.31 49.55 -
48.81 43.55 47.14 -
43.31 38.52 41.74 -
42.25 37.80 40.85 -
44.71 36.00 42.77 -
00
Gold Silver Bronze Nap Average VSA VSB
41.23 38.21 40.44 -
42.66 38.36 40.63 -
38.26 34.43 35.00 36.19 33.00 -
35.43 33.39 34.77 32.00 -
36.20 31.51 35.18 -
0
Gold Silver Bronze Nap Average VSA VSB
34.69 31.79 33.97 -
30.99 30.21 30.82 -
28.56 27.90 28.40 -
27.68 26.16 27.24 -
28.00 25.00 27.64 -
1
Gold Silver Bronze Nap Average VSA VSB
29.69 29.69 -
26.99 24.00 26.84 -
24.32 21.00 23.87 -
24.13 22.00 23.73 -
24.00 24.00 -
All Sizes
Offered Sales % Nap Average
28,908 97% 46.87
144,002 58% 45.46
77,112 80% 37.01
38,515 90% 35.01
6,456 97% 35.23
XXD
41.52
XD
41.19
DK
40.98
Clarity
FEBRUARY 2018 MED
40.18
PL
-
1
AUCTION REPORT Color
NAPS
1
46.55
2
All grades & sizes
36.38
3
41.51
51.85
Price breakdown US$ MAHOGANY MINK FEMALE Offered Sales % Top
1X
NAPS
1
2
2018-03-02
3
4
LN -
0
Gold Silver Bronze Nap Average VSA VSB
33.73 32.46 33.61 -
34.77 30.43 33.53 -
26.89 24.40 25.93 -
24.54 24.54 -
22.43 22.43 -
1
Gold Silver Bronze Nap Average VSA VSB
27.92 26.28 27.50 -
29.48 25.59 28.68 -
23.38 20.56 22.54 -
20.00 20.00 -
19.00 18.18 18.70 -
2
Gold Silver Bronze Nap Average VSA VSB
22.52 21.80 22.38 -
22.88 20.75 22.51 -
18.74 16.92 18.25 -
-
15.00 15.00 -
38,461 52% 22.00
3
Gold Silver Bronze Nap Average VSA VSB
19.17 19.17 -
19.08 16.28 18.70 -
15.75 15.05 15.62 -
14.00 14.00 -
-
332,276 72% 200.00
All Sizes
Offered Sales % Nap Average
25,412 100% 28.36
128,583 97% 27.35
86,206 83% 20.44
58,322 17% 19.94
33,753 24% 18.60
46,708 96% 37.00
Offered Sales % Top
117,536 88% 200.00
Offered Sales % Top
126,913 54% 25.00
Offered Sales % Top Offered Sales % Top
All grades & sizes
Grades
XSN AVE, TORONTO, SN ON | 416-675-9320 SMN | WWW.NAFA.CA MN NORTH AMERICAN FUR AUCTIONS | 65 SKYWAY Gold 38.32 37.50 28.00 Silver 34.00 2,658 Bronze 100% 00 Nap Average 38.32 36.97 28.00 39.00 VSA VSB -
Offered Sales % Top
Color
Size
XXD
24.71
XD
24.91
DK
24.46
MED PL
1
Clarity
All grades & sizes
25.10 31.96
2
28.69 21.92
6
FEBRUARY 2018 Price breakdown US$ DEMI BROWN MINK Size MALE Offered Sales % Top
14,010 64% 60.00
Offered Sales % Top
57,272 58% 56.00
Offered Sales % Top
119,701 46% 180.00
Offered Sales % Top
107,636 69% 40.00
Offered Sales % Top
50,507 98% 32.00
Offered Sales % Top
1,331 100% 22.00
Offered Sales % Top
350,457 64% 180.00
Grades
1X
XSN
3
4
SMN
MN
LN
5X0
59.49 56.27 57.64 -
55.00 52.26 52.35 52.11 -
52.57 50.24 50.82 -
4X0
Gold Silver Bronze Nap Average VSA VSB
54.76 51.22 53.19 51.35 -
50.36 49.07 49.65 47.65 -
47.93 46.40 46.74 44.28 -
46.00 45.90 45.93 46.00
45.88 45.33 45.48 39.00
000
Gold Silver Bronze Nap Average VSA VSB
47.37 45.88 47.12 43.89 -
45.98 44.00 45.51 40.37 -
42.24 40.45 39.00 40.76 40.79 -
40.33 39.75 40.00 40.07 37.00 -
40.83 39.14 39.86 34.45
00
Gold Silver Bronze Nap Average VSA VSB
38.91 37.22 37.85 36.74 -
38.03 35.05 36.02 33.71 -
37.82 34.16 32.00 35.15 33.76 -
35.20 33.94 34.47 34.00 -
34.00 32.51 33.24 29.59
0
Gold Silver Bronze Nap Average VSA VSB
31.28 29.74 30.70 28.00 -
29.60 27.10 28.57 27.25 -
28.29 27.04 27.79 26.32 -
28.57 26.99 28.03 27.51 -
28.84 25.69 26.67 23.72
1
Gold Silver Bronze Nap Average VSA VSB
-
-
-
-
22.00 21.00 21.13 -
43,305 64% 46.66
191,874 54% 38.35
79,402 71% 35.82
16,440 95% 35.54
19,436 100% 32.76
Offered
All Sales % Sizes Nap Average 36.86
XD
38.78
DK
38.50
MED
Clarity
-
FEBRUARY 2018 35.96
38.93
2
All grades & sizes
38.07
PL
XP
-
1
AUCTION REPORT
All grades & sizes
2
SN
Gold Silver Bronze Nap Average VSA VSB
XXD
Color
NAPS
1
38.26
3
36.44
36.76
Price breakdown US$ DEMI BROWN MINK Size FEMALE
Grades
NAPS
2018-02-27
1X
1
2
3
00
Gold Silver Bronze Nap Average VSA VSB
36.00 36.00 -
33.09 31.00 32.84 32.00 -
-
28.00 25.00 26.41 -
4
0
Gold Silver Bronze Nap Average VSA VSB
31.65 29.49 30.87 29.64 -
28.73 27.12 28.11 26.40 -
24.97 24.70 24.83 23.28 -
23.00 23.32 23.22 22.00 -
25.00 23.25 23.92 20.21
1
Gold Silver Bronze Nap Average VSA VSB
26.44 24.92 25.99 24.54 -
24.68 22.66 23.96 22.48 -
22.14 20.76 21.49 19.55 -
20.75 19.73 20.09 18.04 -
19.62 19.23 19.35 18.00 17.06
2
Gold Silver Bronze Nap Average VSA VSB
21.35 19.86 21.01 -
20.42 19.00 19.53 19.23 -
18.58 16.72 17.32 16.49 -
17.00 15.74 15.87 15.47 -
16.19 15.36 15.75 15.07 14.00
3
Gold Silver Bronze Nap Average VSA VSB
-
18.75 18.75 -
16.41 16.41 -
15.00 13.50 13.97 -
13.68 12.50 13.41 -
32,278 95% 28.02
136,943 88% 24.87
71,136 86% 20.78
67,675 78% 18.90
43,159 82% 17.66
NORTH AMERICAN FUR AUCTIONS | 65 SKYWAY XSN AVE, TORONTO, SN ON | 416-675-9320 SMN | WWW.NAFA.CA MN
Offered Sales % Top
1,528 100% 36.00
Offered Sales % Top
97,207 93% 33.00
Offered Sales % Top
155,749 95% 29.00
Offered Sales % Top
95,027 63% 22.00
Offered Sales % Top
1,680 100% 19.00
Offered Sales % Top
351,191 86% 36.00
Offered
All Sales % Sizes Nap Average XXD
Color
All grades & sizes
XD
DK MED PL
XP
22.16 22.48
22.23
22.89 23.37
25.63
1
Clarity
All grades & sizes
2 3
LN -
24.62 21.36 23.11
7
Price breakdown US$ BLUE IRIS MINK MALE Offered Sales % Top
149 100% 67.00
Offered Sales % Top
3,761 100% 70.00
Offered Sales % Top
13,861 100% 68.00
Offered Sales % Top
11,168 100% 60.00
Offered Sales % Top
3,548 87% 44.00
Offered Sales % Top
32,487 99% 70.00
Size
Grades
XSN
SN
-
2
3
4
-
SMN
63.78 63.78 -
MN
LN
5X0
4X0
Gold Silver Bronze Nap Average VSA VSB
-
69.48 69.48 -
63.68 59.82 63.21 -
51.00 51.00 -
-
000
Gold Silver Bronze Nap Average VSA VSB
-
62.31 62.31 -
59.23 53.66 57.99 -
48.22 48.22 -
-
00
Gold Silver Bronze Nap Average VSA VSB
-
57.39 57.39 -
52.69 46.91 51.59 -
45.34 45.34 -
-
0
Gold Silver Bronze Nap Average VSA VSB
-
-
41.93 40.10 41.50 -
37.00 37.00 -
-
Offered
-
2,964 100% 63.00
25,688 98% 54.39
3,835 100% 46.68
-
All Sales % Sizes Nap Average
-
-
47.59
XD
51.09
56.42
MED
All grades & sizes
59.04
FEBRUARY 2018 PL
1
Clarity
AUCTION REPORT DK
All grades & sizes
NAPS
1
Gold Silver Bronze Nap Average VSA VSB
XXD
Color
1X
54.33
2
53.28
57.59
Price breakdown US$ BLUE IRIS MINK FEMALE
Size
Grades
1X
NAPS
1
2
3
4
XSN
SN
SMN
MN
LN
0
Gold Silver Bronze Nap Average VSA VSB
-
38.20 35.00 36.24 -
39.98 31.00 38.81 -
-
-
1
Gold Silver Bronze Nap Average VSA VSB
-
42.00 42.00 -
37.97 27.88 37.29 -
28.00 28.00 -
-
2
Gold Silver Bronze Nap Average VSA VSB
-
-
30.94 22.61 29.87 -
22.63 22.63 -
-
3
Gold Silver Bronze Nap Average VSA VSB
-
-
22.72 22.72 -
19.00 19.00 -
-
Offered
-
2,498 100% 38.79
30,184 75% 33.90
6,195 20% 23.95
-
Offered Sales % Top
Gold 43.45 Silver 365 Bronze 100% 00 Nap Average 43.45 44.00 VSA NORTH AMERICAN FUR AUCTIONS | 65 SKYWAY AVE, TORONTO, ON | 416-675-9320 | WWW.NAFA.CA VSB -
Offered Sales % Top
4,761 78% 46.00
Offered Sales % Top
16,188 69% 46.00
Offered Sales % Top
15,013 67% 39.00
Offered Sales % Top
2,550 41% 25.00
Offered Sales % Top
38,877 68% 46.00
All Sales % Sizes Nap Average XXD
Color
All grades & sizes
XD DK MED PL
-2018-02-28 -
27.21 31.64 34.29 38.00 35.31
Clarity
All grades & sizes
1
2
34.13
29.96
8
Price breakdown US$ PALOMINO MINK MALE Offered Sales % Top
209 100% 57.00
Offered Sales % Top
6,628 100% 55.00
Offered Sales % Top
16,073 100% 47.00
Offered Sales % Top
11,309 98% 39.00
Offered Sales % Top
1,676 100% 32.00
Offered Sales % Top
35,895 99% 57.00
Size
Grades
1X
XSN
3
4
-
57.00 55.00 56.10 -
SMN
MN
LN
5X0
4X0
Gold Silver Bronze Nap Average VSA VSB
55.00 52.77 53.78 52.00 -
51.60 49.30 50.60 50.00 -
47.67 47.67 47.00 -
-
-
000
Gold Silver Bronze Nap Average VSA VSB
46.86 46.27 46.53 46.00 -
45.10 43.12 44.44 43.94 -
45.55 45.55 -
36.00 36.00 -
-
00
Gold Silver Bronze Nap Average VSA VSB
39.00 38.00 38.30 -
36.62 36.08 36.44 36.00 -
35.68 35.68 -
29.00 32.93 32.21 -
26.00
0
Gold Silver Bronze Nap Average VSA VSB
-
30.92 31.00 30.94 -
-
26.10 26.10 -
-
4,290 100% 47.17
27,602 99% 42.48
2,575 100% 41.97
1,262 100% 31.40
166 100% 26.00
Offered
All Sales % Sizes Nap Average 42.15
3XP
DK
40.16
MED
40.65
Clarity
43.47
XP
-
-
42.94
2
All grades & sizes
FEBRUARY 2018 PL
-
1
42.02
AUCTION REPORT
All grades & sizes
2
SN
Gold Silver Bronze Nap Average VSA VSB
XXP
Color
NAPS
1
41.88
3
44.00
42.69
Price breakdown US$ PALOMINO MINK FEMALE
Size
Grades
1X
109 100% 34.00
Offered Sales % Top
7,884 93% 35.00
Offered Sales % Top
17,863 100% 31.00
Offered Sales % Top
8,390 97% 25.00
Offered Sales % Top
167 100% 17.50
Offered Sales % Top
34,413 98% 35.00
3
4
SN
SMN
MN
LN
0
Gold Silver Bronze Nap Average VSA VSB
31.67 30.81 31.24 -
32.15 29.21 31.12 27.82 -
27.00 24.77 25.80 -
-
-
1
Gold Silver Bronze Nap Average VSA VSB
26.06 26.00 26.03 -
27.21 24.75 26.55 24.79 -
24.12 22.15 23.62 20.00 -
-
21.00 21.00 -
2
Gold Silver Bronze Nap Average VSA VSB
23.00 23.00 -
23.15 21.19 22.78 19.50 -
19.44 18.50 19.32 -
-
16.95 16.95 -
3
Gold Silver Bronze Nap Average VSA VSB
-
-
17.50 17.50 -
12.00 12.00 -
-
3,613 100% 28.24
24,446 97% 26.34
5,830 99% 22.43
65 100% 12.00
459 100% 18.19
Offered
All Sales % Sizes Nap Average XXP
All grades & sizes
2
XSN
Gold 34.00 Silver Bronze 00 Nap Average 34.00 VSA NORTH AMERICAN FUR AUCTIONS | 65 SKYWAY AVE, TORONTO, ON | 416-675-9320 | WWW.NAFA.CA VSB -
Offered Sales % Top
Color
NAPS
1
27.84
3XP DK MED PL XP
27.00 23.26 24.71 25.46 26.41
1
Clarity
All grades & sizes
2 3
-2018-02-27 -
26.41 24.89 26.33
9
Price breakdown US$ PASTEL MINK MALE Size
Offered Sales % Top
4,228 94% 68.00
Offered Sales % Top
23,985 100% 70.00
Offered Sales % Top
53,183 90% 76.00
Offered Sales % Top
42,358 65% 58.00
Offered Sales % Top
11,847 41% 34.00
Offered Sales % Top
135,601 80% 76.00
Grades
1X
XSN
SMN
3
4
MN
LN
5X0
57.00 57.00 -
61.88 58.78 61.38 -
56.67 54.38 55.85 -
52.28 52.68 52.48 -
4X0
Gold Silver Bronze Nap Average VSA VSB
54.79 52.00 54.63 -
58.41 53.21 57.33 -
54.03 47.17 52.71 -
51.56 46.29 49.76 -
44.63 40.00 43.82 -
000
Gold Silver Bronze Nap Average VSA VSB
49.01 49.01 -
57.67 44.40 55.76 -
48.88 42.98 47.90 -
44.23 39.54 43.55 -
39.40 35.51 38.56 -
00
Gold Silver Bronze Nap Average VSA VSB
43.71 44.00 43.74 -
45.97 40.81 45.22 -
39.93 36.95 39.82 -
36.18 34.00 35.87 -
32.65 28.52 31.56 -
0
Gold Silver Bronze Nap Average VSA VSB
31.00 31.00 -
32.18 30.61 31.96 -
32.14 31.00 32.02 -
-
24.00 24.00 -
Offered
4,142 85% 49.30
45,487 91% 52.24
53,181 87% 46.36
23,607 56% 43.62
9,184 44% 36.25
All Sales % Sizes Nap Average 48.23 40.84
MED
Clarity
44.29
PL
FEBRUARY 2018
50.82
2
All grades & sizes
50.25
XP
-
1
AUCTION REPORT DK
All grades & sizes
2
SN
Gold Silver Bronze Nap Average VSA VSB
XXP
Color
NAPS
1
45.70
3
42.92
51.84
Price breakdown US$ PASTEL MINK FEMALE
Size
Grades
1X
2,736 100% 48.00
Offered Sales % Top
26,733 76% 49.00
Offered Sales % Top
66,670 86% 39.00
Offered Sales % Top
42,470 47% 31.00
Offered Sales % Top
4,470 77% 22.00
Offered Sales % Top
143,079 73% 49.00
3
4
SN
SMN
MN
LN
0
Gold Silver Bronze Nap Average VSA VSB
32.23 32.23 -
40.59 29.89 39.14 -
29.41 26.77 28.62 -
25.31 24.10 24.89 -
22.00 22.00 -
1
Gold Silver Bronze Nap Average VSA VSB
28.07 28.07 -
33.52 26.11 32.43 -
29.45 24.63 28.39 -
21.94 21.73 21.89 -
19.67 19.00 19.62 -
2
Gold Silver Bronze Nap Average VSA VSB
22.00 22.00 -
26.97 21.84 24.53 -
21.20 18.69 20.47 -
18.50 17.18 18.18 -
16.17 15.50 16.11 -
3
Gold Silver Bronze Nap Average VSA VSB
-
19.18 19.18 -
17.00 16.00 16.83 -
14.61 14.00 14.51 -
14.00 14.00 -
3,577 98% 27.27
53,357 74% 33.65
50,510 65% 26.63
25,859 83% 20.67
9,776 70% 18.13
Offered
All Sales % Sizes Nap Average XXP
All grades & sizes
2
XSN
Gold 41.41 33.65 28.00 Silver 34.84 31.00 Bronze 00 Nap Average 39.21 33.25 28.00 VSA NORTH AMERICAN FUR AUCTIONS | 65 SKYWAY AVE, TORONTO, ON | 416-675-9320 | WWW.NAFA.CA VSB -
Offered Sales % Top
Color
NAPS
1
DK MED PL XP
33.64
1
Clarity
22.60 25.55 29.43 31.03
All grades & sizes
2 3
-2018-03-04 -
30.74 23.38 25.19
10
FEBRUARY 2018 Price breakdown US$ PEARL MINK MALE Size
Offered Sales % Top
8,775 99% 55.00
Offered Sales % Top
25,274 66% 49.00
Offered Sales % Top
26,428 68% 42.00
Offered Sales % Top
17,523 84% 44.00
Offered Sales % Top
78,000 74% 55.00
Grades
1X
XSN
3
4
SMN
MN
LN
4X0
55.00 53.00 53.86 -
53.70 51.61 52.28 50.00 -
47.37 49.14 48.18 -
000
Gold Silver Bronze Nap Average VSA VSB
47.92 46.31 47.01 46.00 -
47.08 47.08 -
42.69 42.18 42.46 39.78 -
42.00 42.00 38.00 -
-
00
Gold Silver Bronze Nap Average VSA VSB
38.66 38.10 38.41 -
38.01 37.00 37.87 36.00 -
37.35 35.26 36.33 34.81 -
35.03 35.03 -
-
0
Gold Silver Bronze Nap Average VSA VSB
32.00 31.00 31.78 -
30.87 29.60 30.18 29.00 -
30.27 28.61 29.47 30.61 -
29.48 28.65 28.99 -
-
Offered
10,901 99% 43.64
36,828 58% 40.90
27,075 90% 37.05
2,105 70% 34.28
1,091 0% -
All Sales % Sizes Nap Average 40.95
3XP
All grades & sizes
2
SN
Gold Silver Bronze Nap Average VSA VSB
XXP
Color
NAPS
1
41.09
5XP
41.09
MED
Clarity
38.43
XP
40.46
2
All grades & sizes
36.73
PL
-
1
41.33
4XP
-
41.19
3
38.33
36.85
AUCTION REPORT
FEBRUARY 2018 Price breakdown US$ PEARL MINK FEMALE
Size
Grades
1X
XSN
Gold Silver Bronze Nap Average VSA VSB
31.91 30.67 31.34 -
NAPS
1
2
SN
SMN
30.41 27.86 29.19 28.07 -
27.62 25.74 26.43 24.65 -
3
27,680 92% 33.00
Offered Sales % Top
Gold 26.41 26.07 26.23 26.00 NORTH AMERICAN Silver FUR AUCTIONS | 65 SKYWAY 26.08 AVE, TORONTO, 24.58 ON | 416-675-9320 22.84 | WWW.NAFA.CA 20.59 46,227 Bronze 89% 1 Nap Average 26.29 25.52 24.79 21.82 27.00 VSA 24.00 21.86 19.91 VSB -
Offered Sales % Top
32,776 71% 23.00
Offered Sales % Top
2,017 92% 16.00
Offered Sales % Top
108,700 84% 33.00
All grades & sizes
2018-03-01 -
21.39 21.39 19.25
2
Gold Silver Bronze Nap Average VSA VSB
22.12 22.12 20.81 -
21.09 19.85 20.52 20.00 -
21.17 19.43 19.88 18.12 -
18.07 18.07 16.89 -
17.50 17.50 16.24
3
Gold Silver Bronze Nap Average VSA VSB
-
16.00 -
15.50 -
-
-
10,984 100% 27.79
41,346 93% 25.70
35,565 84% 22.86
18,923 56% 19.04
1,882 100% 18.58
Offered
All Sales % Sizes Nap Average XXP
Color
LN
28.00 26.51 26.94 -
Offered Sales % Top
0
4
MN
3XP 4XP
24.00 25.89
25.44
5XP MED PL
XP
27.00 22.25
24.49
1
Clarity
All grades & sizes
2 3
25.68 21.49 23.42
23.77
11
Price breakdown US$ SAPPHIRE MINK MALE Offered Sales % Top
611 63% 69.00
Size
Grades
1X
XSN
3
4
SMN
MN
LN
4X0
000
Gold Silver Bronze Nap Average VSA VSB
57.22 57.22 -
61.25 61.25 -
53.64 47.32 52.21 -
54.80 54.80 -
-
00
Gold Silver Bronze Nap Average VSA VSB
49.64 49.64 -
53.08 46.03 52.29 -
47.16 45.07 46.68 -
50.09 50.09 -
-
-
45.10 38.00 43.84 -
38.00 37.00 37.78 -
36.51 36.51 -
-
1,228 100% 52.97
13,143 79% 54.10
7,629 84% 47.77
1,336 100% 47.87
-
6,526 87% 70.00
Offered Sales % Top
11,798 93% 60.00
Offered Sales % Top
4,401 51% 46.00
0
Gold Silver Bronze Nap Average VSA VSB
Offered Sales % Top
23,336 83% 70.00
All Sizes
Offered Sales % Nap Average
XXD
-
69.00 69.00 -
55.69 55.69 -
-
-
48.04
XD
49.82
DK
MED
54.43
PL
54.84
1
Clarity
51.74
AUCTION REPORT
All grades & sizes
2
SN
Gold Silver Bronze Nap Average VSA VSB
Offered Sales % Top
Color
NAPS
1
All grades & sizes
51.58
3
46.91
FEBRUARY 2018 Price breakdown US$ SAPPHIRE MINK FEMALE
Size
Grades
1X
XSN
Gold Silver Bronze Nap Average VSA VSB
-
NAPS
1
2
SN
SMN
48.46 48.46 -
-
3
1,208 25% 49.00
Offered Sales % Top
Gold 36.00 49.19 37.56 29.27 Silver 36.54 30.00 7,990 Bronze 94% 1 Nap Average 36.00 46.69 35.91 29.27 55.00 NORTH AMERICAN FUR AUCTIONS | 65 SKYWAY AVE, TORONTO, ON | 416-675-9320 | WWW.NAFA.CA VSA VSB -
-2018-02-28 -
2
-
41.72 28.99 39.42 -
34.25 34.25 -
23.89 23.89 -
-
2,442 93% 30.00
3
Gold Silver Bronze Nap Average VSA VSB
-
27.51 27.51 -
25.83 18.00 24.27 -
20.00 20.00 -
-
23,908 86% 55.00
All Sizes
Offered Sales % Nap Average
358 37% 36.00
13,136 89% 41.61
8,218 79% 33.38
2,196 100% 24.19
-
12,268 85% 45.00
Offered Sales % Top Offered Sales % Top
XXD
All grades & sizes
-
Gold Silver Bronze Nap Average VSA VSB
Offered Sales % Top
Color
LN
-
Offered Sales % Top
0
4
MN
XD DK MED PL
25.88 35.38
Clarity
37.54 39.62
1
37.12
All grades & sizes
45.41
12
FEBRUARY 2018 Price breakdown US$ SILVERBLUE MINK Size MALE Offered Sales % Top
12,633 50% 60.00
Offered Sales % Top
25,661 55% 55.00
Offered Sales % Top
31,832 76% 50.00
Offered Sales % Top
24,880 84% 43.00
Offered Sales % Top
7,456 92% 34.00
Offered Sales % Top
102,462 71% 60.00
Grades
XSN
2
SN
3
4
SMN
MN
LN
5X0
59.50 59.50 58.00 -
57.72 56.62 56.90 57.38 -
56.00 54.61 54.86 52.57 -
4X0
Gold Silver Bronze Nap Average VSA VSB
55.00 51.36 51.71 50.39 -
53.21 52.49 52.98 50.60 -
50.15 48.15 48.80 46.12 -
43.45 43.45 -
-
000
Gold Silver Bronze Nap Average VSA VSB
44.43 44.43 -
47.44 44.87 46.11 44.56 -
44.54 42.27 42.87 42.00 -
40.05 38.91 39.07 35.25 -
36.00 36.00 34.00
00
Gold Silver Bronze Nap Average VSA VSB
38.00 38.00 -
39.70 38.46 38.93 35.34 -
36.77 33.96 35.47 33.07 -
34.00 31.41 31.78 30.00 -
30.74 30.74 28.00
0
Gold Silver Bronze Nap Average VSA VSB
-
33.20 32.05 32.55 29.42 -
31.48 30.34 31.07 26.43 -
32.00 30.00 31.30 26.97 -
28.00 28.00 25.00
4,098 72% 50.13
67,124 67% 45.30
20,749 77% 39.67
6,913 92% 34.93
3,578 69% 30.67
Offered
All Sales % Sizes Nap Average 36.76
DK
Clarity
AUCTION REPORT 42.62
PL
-
-
1
38.77
MED
All grades & sizes
NAPS
1
Gold Silver Bronze Nap Average VSA VSB
XD
Color
1X
All grades & sizes
46.08
XP
45.15
2
38.89
3
36.47
50.49
FEBRUARY 2018 Price breakdown US$ SILVERBLUE MINK Size FEMALE
Grades
1X
NAPS
1
2
3
SN
SMN
MN
1
Gold Silver Bronze Nap Average VSA VSB
29.00 29.00 -
28.87 24.46 27.21 24.60 -
24.39 21.72 22.98 21.99 -
21.39 19.92 20.56 19.78 -
18.84 18.84 17.66
2
Gold Silver Bronze Nap Average VSA VSB
-
21.60 20.55 21.31 21.44 -
21.23 19.35 20.42 20.00 -
18.64 17.71 18.22 17.95 -
17.26 17.26 15.77
3
Gold Silver Bronze Nap Average VSA VSB
-
17.16 17.16 -
-
-
-
3,046 71% 31.23
52,950 77% 27.84
32,355 85% 23.40
13,873 96% 20.35
7,215 92% 17.94
Offered Sales % Top
Gold 32.19 32.41 26.96 25.00 Silver 28.74 25.52 24.26 41,174 Bronze 81% 0 Nap Average 32.19 31.20 26.09 24.32 36.00 NORTH AMERICAN FUR AUCTIONS | 65 SKYWAY VSA 30.44 AVE, TORONTO, 28.17 ON | 416-675-9320 25.77 | WWW.NAFA.CA 24.00 VSB -
Offered Sales % Top
48,173 84% 35.00
Offered Sales % Top
19,548 84% 24.00
Offered Sales % Top
544 40% 18.50
Offered Sales % Top
109,439 83% 36.00
Offered
All Sales % Sizes Nap Average XD
Color
All grades & sizes
4
XSN
DK MED PL XP
20.30
LN
-2018-02-28 20.57
1
23.36
Clarity
25.27 28.01
All grades & sizes
2 3
26.41 22.98 21.00
30.94
13
Price breakdown US$ VIOLET MINK MALE Size
Offered Sales % Top
86 100% 60.00
Offered Sales % Top
2,911 47% 60.00
Offered Sales % Top
6,982 83% 230.00
Offered Sales % Top
5,940 41% 54.00
Offered Sales % Top
2,370 61% 45.00
Offered Sales % Top
18,289 61% 230.00
Grades
2
3
4
-
SN
60.00 60.00 -
SMN
MN
LN
5X0
4X0
Gold Silver Bronze Nap Average VSA VSB
58.00 58.00 -
58.78 55.00 58.34 -
50.00 50.00 -
42.00 42.00 -
-
000
Gold Silver Bronze Nap Average VSA VSB
52.00 52.00 -
59.25 48.74 58.46 -
48.14 48.14 -
40.00 40.00 -
-
00
Gold Silver Bronze Nap Average VSA VSB
43.00 43.00 -
53.67 40.00 50.75 -
44.00 44.00 -
36.51 36.51 -
-
0
Gold Silver Bronze Nap Average VSA VSB
-
40.72 40.72 -
31.00 31.00 -
29.00 29.00 -
-
848 53% 49.49
12,552 54% 54.36
3,084 70% 45.65
1,805 97% 37.88
-
Offered
All Sales % Sizes Nap Average 39.70
MED
All grades & sizes
XSN
NAPS
1
Gold Silver Bronze Nap Average VSA VSB
DK
Color
1X
-
49.91
All grades & sizes
AUCTION REPORT PL
-
1
Clarity
48.72
-
54.13
FEBRUARY 2018 Price breakdown US$ VIOLET MINK FEMALE Offered Sales % Top
Size
8,368 81% 230.00
Offered Sales % Top
6,035 43% 41.00
Offered Sales % Top
892 62% 27.00
Offered Sales % Top
18,529 69% 230.00
NAPS
1
2
3
4
XSN
SN
SMN
MN
LN
1
Gold Silver Bronze Nap Average VSA VSB
-
48.30 42.00 47.69 -
38.75 38.75 -
27.00 27.00 -
-
2
Gold Silver Bronze Nap Average VSA VSB
-
38.69 38.69 -
-
-
-
3
Gold Silver Bronze Nap Average VSA VSB
-
27.00 27.00 -
-
-
-
439 0% -
11,608 93% 45.18
4,264 33% 38.75
2,218 28% 27.00
-
Offered
All Sales % Sizes Nap Average DK
All grades & sizes
1X
Gold 50.93 Silver 46.00 3,234 Bronze 89% NORTH0AMERICAN FUR AUCTIONS | 65 SKYWAY AVE, TORONTO, ON | 416-675-9320 | WWW.NAFA.CA Nap Average 50.38 55.00 VSA VSB -
Offered Sales % Top
Color
Grades
MED PL
36.32 42.21 47.81
Clarity
All grades & sizes
-2018-02-28 -
1
43.63
3
42.98
14
Price breakdown US$ WHITE MINK MALE Size
Offered Sales % Top
102 100% 63.00
Offered Sales % Top
3,106 100% 61.00
Offered Sales % Top
26,872 92% 56.00
Offered Sales % Top
45,973 83% 240.00
Offered Sales % Top
37,534 75% 44.00
Offered Sales % Top
27,745 84% 34.00
Offered Sales % Top
141,332 83% 240.00
Grades
1X
XSN
NAPS
1
2
3
4
-
SN
63.00 63.00 -
SMN
MN
LN
6X0
Gold Silver Bronze Nap Average VSA VSB
5X0
Gold Silver Bronze Nap Average VSA VSB
58.59 58.00 58.52 -
59.57 57.00 59.31 -
53.00 51.00 52.69 -
-
-
4X0
Gold Silver Bronze Nap Average VSA VSB
54.93 51.91 54.05 51.00 -
53.47 51.02 53.18 49.44 -
48.37 46.00 47.78 45.00 -
-
-
000
Gold Silver Bronze Nap Average VSA VSB
47.13 45.81 46.59 46.00 -
47.08 44.84 46.44 43.93 -
44.87 42.30 44.40 41.28 -
44.00 39.00 41.07 -
-
00
Gold Silver Bronze Nap Average VSA VSB
39.86 38.49 39.24 -
41.73 38.29 41.12 37.00 -
36.50 34.00 35.68 33.42 -
37.81 34.00 36.02 33.00 -
32.00
0
Gold Silver Bronze Nap Average VSA VSB
33.00 33.00 -
32.66 31.02 31.85 31.29 -
28.92 28.92 28.92 28.60 -
28.49 27.00 27.86 28.00 -
27.00
Offered
18,822 86% 47.31
79,201 78% 46.13
37,528 92% 35.48
5,151 100% 31.97
630 61% 29.05
All Sales % Sizes Nap Average
AUCTION REPORT
-
-
-
1
FEBRUARY 2018 Color
Clarity
All grades & sizes
42.82
2
All grades & sizes
41.94
Price breakdown US$ WHITE MINK FEMALE Offered Sales % Top
Size
Grades
1X
NAPS
1
2
36,564 89% 36.00
Offered Sales % Top
72,455 83% 230.00
Offered Sales % Top
54,589 95% 32.00
Offered Sales % Top
372 100% 24.00
Offered Sales % Top
165,519 89% 230.00
SMN
MN
LN
0
Gold Silver Bronze Nap Average VSA VSB
32.00 31.79 31.91 30.69 -
33.66 30.87 33.16 30.38 -
28.26 27.32 27.87 27.68 -
-
-
1
Gold Silver Bronze Nap Average VSA VSB
27.17 26.67 27.00 25.73 -
28.84 26.79 28.61 25.68 -
25.31 24.00 24.61 23.00 -
24.60 22.30 22.72 21.56 -
19.00
2
Gold Silver Bronze Nap Average VSA VSB
22.16 21.00 21.95 21.00 -
23.40 21.40 23.02 20.23 -
20.52 20.00 20.32 19.45 -
19.32 19.27 19.30 18.50 -
19.27 19.27 16.80
3
Gold Silver Bronze Nap Average VSA VSB
-
24.00 24.00 -
-
-
-
13,690 79% 27.99
91,597 86% 28.28
42,310 94% 22.80
16,534 97% 20.65
1,388 100% 17.99
Offered
All Sales % Sizes Nap Average
1
All grades & sizes
42018-03-01
SN
Gold 37.00 37.82 43.00 NORTH AMERICAN AVE, TORONTO, | WWW.NAFA.CA Silver FUR AUCTIONS | 65 SKYWAY 36.00 ON | 416-675-9320 1,539 Bronze 100% 00 Nap Average 37.00 37.58 43.00 43.00 VSA VSB -
Offered Sales % Top
Color
3
XSN
Clarity
All grades & sizes
2
-
26.34 24.62
15
2018 AUCTION SCHEDULE
MAY 15 - 21, 2018 (On Show May 10, 2018)
JULY 6 - 10, 2018 (On Show July 2, 2018)
NAFA Canada HQ 65 Skyway Avenue Toronto, ON M9W 6C7 T: 416-675-9320 F: 416-675-6865
NAFA Canada West 567 Henry Ave Winnipeg, MB R3A 0T8 T: 204-774-1705 F: 204-943-2941
NAFA USA 205 Industrial Circle Stoughton, WI 53589 T: 608-205-9200 F: 608-205-9210
NAFA The Netherlands Sprokkelveld 5 6596 DH, Milsbeek, The Netherlands T: +31 485-514403 F: +31 485-518833
NAFA Poland ul. Granitowa 10 Ĺ ozienica 72-100 Gm. Goleniow, Poland T: +48 91 350 9520 F: +48 91 350 9539