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debodun

Getting fair value for collectibles at a garage sale venue

debodun
14 years ago

I am slowly going through my mother's estate and am now trying to sell her "treasures" on my own since I had a bad experience. An auctioneer took a lot of the better items from the estate and then sold them for literally pennies. The whole antique dining room set went for $35. An oak china cabinet fetched a mere $20. Her whole collection, about 20, of Bradford Exchange collector plates sold for $5. My last sale, I put out a McCoy touring car cookie jar. It's valued at $125 in an antique price guide. I only put $100 price tag on it and you should have seen the rolling eyes and heard the sighs and groans when people saw that. It seems people have a "garage sale mentality" - that nothing at a garage sale should be over 50 cents. My main question is how do I get a fair market value for collectibles at a garage sale venue without underselling?

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