Showing posts with label estate sales. Show all posts
Showing posts with label estate sales. Show all posts

Jul 26, 2011

Ignoring the Decades

1980's Panetta Necklace offered by popgoesmyvintage

When my wonderful Grandma passed on, my aunt & Mom went through her items, selecting what pieces they wanted. The remaining items were spread out on blankets throughout the house. My brother & I, the only grandchildren, were told to take what we wanted. My mom and aunt were born between 1939-1942. To my surprise, I found they left most of the items from the 40's, 50's, and 60's.  I remember my Mom saying that the brightly colored California pottery from the late 40's was tacky.


1985 Breeders Cup Book offered by goodlookin


I have found this true ism applies to most people. No one seems to value items from the decades they've lived through. I have encountered this time and time again in my estate liquidation business. I've found this to be true of myself: I can't imagine wanting to wear a 1970's dress, much less sell it!


1980's Kinetic Earrings offered by mascarajones


That said, I know I need to remain open minded. I see other shops doing quite well with things from recent decades. But to be honest, I have a hard time accepting that vintage now applies to 1991. Due to this bias, what are we overlooking as sellers? What high ticket items are we passing by?


Jointed Ceramic Snoopy 1970's Ornament I sold


Would you think Snoopy is worth anything? Many sellers just consider Peanuts a modern cartoon, not recognizing Charles Schultz has been gone for 11 years now and Peanuts was introduced 61 years ago. Pieces from the late 70's and mid 80's can be very valuable. I sold a jointed Snoopy ornament from 1979 recently for several hundred.


1970's Wayfarer Sunglasses offered by dahlilafound


I saw a mid 1980's Atari game sell for almost $1200. I almost fell over. I never knew Jessica McClintock dresses from the late 70's were desirable. I found calculators from the early 1980's selling for strong prices-for way more than I ever thought any such device could go for! Now you likely don't sell these things and are asking yourself, why should I care? Because you're out there. You're at sales. If I placed $500 in a box for you, you'd take it. So why pass by recent vintage that will provide more spending money for the real vintage you love?


One of the rarest games from the 1980's, worth a mint

The trick is to educate yourself. Yes, eBay can help a little, but dig. Prices are variable and you'll need to have several examples before settling on a price you can depend on. I prefer looking at collectors websites and reading blogs. Look at shops on Etsy that specialize in the recent decades. I've been amazed by what Etsy sellers are able to get for 1980's pieces. Way to go Etsy sellers!


1980's Valentino Sweater offered by hillbillyfilly

Be flexible. Be open minded. Embrace change. Next time you walk into an estate and only see recent vintage, embrace it. Don't run because you don't see classic pieces. Look with a sharp eye and nab those items that are the modern collectibles of today.




Apr 20, 2011

It's Estate Sale Season, Gear Up!

Vintage Advertising Signs by Niftic
It's that time of year that we all adore. Spring! Estate sales, yard sales, garage sales, tag sales and more. Just sales! Vintage is being cleared out, homes are decluttered and estates are settled.

Milk Glass Hobnail Planters by keeky27

As a shopper, you need to be prepared. We all think we are, but there are a few things we all forget from time to time that would have made our shopping trip easier.

1950's Lipstick Red Cocktail Dress by CatseyeVintage

First, the basics. Addresses mapped out, either via paper or GPS. Doing this ahead of time has saved me so much time. Business cards, enough to hand out if necessary. This is especially important at Estate Sales held by the heirs. Most estates hold the high end items back in sales, hoping to find a more profitable avenue to sell them in. If you chat with the heirs and establish a quick connection, hand them your card. Let them know you're interested in either buying other pieces or selling them for them (if you do consignment sales). I do consignment and for high end items it's a great way to offer your customers a wide range.

Vintage Valentines by PaperPicker

Continuing on. Bring water, a snack or two, sunglasses, bags, boxes, bubble wrap, notepad and pen. The snacks will save you from a last minute trip down the lane of fast food regret. The sunglasses will help prevent a headache and wrinkles. The bags, boxes & bubble are for transporting your finds. And the notepad and pen are for keeping records.

Vintage Pig Figurine by VintageInBloom

It's vital that you keep track of what you bought, where you bought it and what you paid. Depending on what state you live in, it's a good idea to keep these records in case you are ever audited. I received a notice a couple of weeks ago stating that since I had claimed business deductions in my 2008 taxes, that the state was assuming I owed more. They assumed that I must have purchased items out of state and avoided state tax. We realized they were fishing and had likely sent this letter out to thousands, hoping for some sort of payload. We went back through my receipts and found some money that was spent via the web out of state. We had to write a check to the state for the tax. (Don't get me started on this-I do believe the Constitution states inter state taxation is illegal)  The point is, keep records. You never know when the law will change and someone will come knocking looking for your data.

Old Out of Service Sign by judygovintage
If you have an iPad, smart phone, or any device that you can hop on the web with, bring it. I've used my iPad for double checking on a piece that I think is the one I saw for $500 and quickly realizing that I was wrong. It's also helped me score great items that I normally wouldn't know about. I never do web searches in front of anyone. Be private. Obviously this won't work in a packed Estate sale. Save it for those slow times.

1960's Offwhite Olympia Typewriter by nerdnest

Bring your camera. Estate Sales are a great way to capture priceless Blog and/or Facebook photos. Your clients want to see what you saw: the treasures, the hunt, the mystery of what's around the next door. Again, do this quietly or get permission. Sometimes people can be squirrelly about photos.

German Drafting Set by HamiltonBay

Most of all, bring a sense of fun. Don't come with a high set of expectations about what you'll find. Just let yourself enjoy it and you'll have a good time even if your dream haul doesn't come through. And don't forget to bring a big enough car!