#109361
Tue Apr 15 2008 08:49 PM
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OP
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How would you like to come acrossed these at an estate sale?? I emailed the guy asking about them and he says he's ALREADY been offered $30,000 out of auction!! Item # 200216561404
[This message has been edited by petropumps (edited 04-15-2008).]
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#109362
Tue Apr 15 2008 09:23 PM
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Joined: Apr 2003
Posts: 489
Petro Enthusiast
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I may be wrong but it seems to me 30000 is a decent offer??
ward
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#109363
Wed Apr 16 2008 06:27 AM
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Joined: Oct 2000
Posts: 22,780 Likes: 5
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Right place, Right time. GOT LUCKY.
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#109364
Wed Apr 16 2008 04:34 PM
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Joined: Apr 2007
Posts: 2,066
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The auction ended early. Looks like he took the offer & ran ! I'd like to know what he paid for them.
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#109365
Thu Apr 17 2008 06:13 AM
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Posts: 1,095
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I was in the running, did not get them, but the buyer paid alot more than 30K. The person that found and sold the lenses was a 25 year old mother of 2. Paid 150 bucks at a estate sale for both!!! She said her husband's work has been slow and this will really help them. Great story and nice to see someone struggling get a good piece of help.
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#109366
Thu Apr 17 2008 07:08 AM
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Joined: May 2005
Posts: 4,639 Likes: 42
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What a nice story and a great price. I wouldn't even consider shipping those with a carrier.If I bought something that fragile and for that much money,I would at least drive or fly in to handle them personally.
Collecting Vintage Sunoco
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#109367
Thu Apr 17 2008 04:23 PM
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Joined: Apr 2007
Posts: 2,066
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And now we know "the rest of the story". Thanks for the update, Roger.
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#109368
Thu Apr 17 2008 06:49 PM
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Joined: Apr 2003
Posts: 2,195 Likes: 74
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what would a set be worth that wasn't losing the colors if this set brought over 30k...makes u wonder?
Wanted early tin litho signage. petro, farm, auto, etc.
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#109369
Thu Apr 17 2008 07:49 PM
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Joined: Mar 2001
Posts: 598
Petro Enthusiast
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Petro Enthusiast
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Story goes a nice complete globe changed hands a couple years ago on the west coast for $45K.
Vern
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#109370
Fri Apr 18 2008 08:28 PM
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Joined: Nov 2004
Posts: 9,346
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As you said Roger "The person that found and sold the lenses was a 25 year old mother of 2. Paid 150 bucks at a estate sale for both!!! She said her husband's work has been slow and this will really help them. Great story and nice to see someone struggling get a good piece of help". I will agree 100%. Now 2 people are happy.
Wanted Owens Motor Oil & Mobiloil Gargoyle. Brad Ralston & my website is www.petrobarn.com
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#109371
Sat Apr 19 2008 06:40 AM
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Joined: Jan 2005
Posts: 2,702
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Well what about the folks that had the estate sale. I'll bet they're crushed. [This message has been edited by blackteetexacogold (edited 04-19-2008).]
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#109372
Sat Apr 19 2008 11:02 AM
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Joined: Jan 2003
Posts: 3,352
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What about the other stuf at the estate sale....like the 8ft parrot sign...
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#109373
Sat Apr 19 2008 11:25 AM
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Joined: Aug 2007
Posts: 460 Likes: 1
Petro Enthusiast
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"Well what about the folks that had the estate sale. I'll bet they're crushed."
That's an interesting question. If they hired an estate liquidator to sell their items, shouldn't the liquidation company have some responsibility to price the items according to a reasonable market value to get their clients their fair share for their possessions? If so, pricing something valued at 45k for $150 sounds plain wrong.
If they held the estate themselves then I guess they learned a costly lesson, VERY COSTLY. But hasn’t there been some instances where a seller like this (the estate sellers) has won a court case to get some of that money back, which I don’t agree with if I'm correct?
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#109374
Sat Apr 19 2008 04:25 PM
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Joined: Oct 2007
Posts: 3,389 Likes: 40
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They advertised it for $150.00, it does not matter what it is worth to a select few, They got their price. and made 100% profit. That is why people go to yard sales and estate sales, to get a bargain, If everything was priced at market value it would be no fun hunting this stuff out.
------------------ Visit 15th Annual MASS GAS BASH September 7th 2008
"Remember, history that is forgotten is doomed to repeat itself!"
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#109375
Sat Apr 19 2008 04:40 PM
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Joined: Jan 2005
Posts: 2,702
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KZ100 states, They advertised it for $150.00, it does not matter what it is worth to a select few, They got their price. and made 100%. ??? That's over my head Rick. Liquidation companies, I have know idea what their responsibilities are... Makes me think though ? Any one of us kicks the bucket, sure hope your family knows what's going on out in your garage.
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#109376
Sat Apr 19 2008 07:32 PM
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Joined: Oct 2000
Posts: 22,780 Likes: 5
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Whether your selling or buying, do your homework & find out what the items are worth.
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#109377
Sat Apr 19 2008 07:36 PM
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Joined: Oct 2007
Posts: 3,389 Likes: 40
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BlackT, Simply put, If you were there and the price was $150.00, would you have offered them $200.00, Hell No, you and EVERYBODY else would have paid the $150.00 and ran. They priced the item what they wanted to get out of it. To them it was worth $150.00.
[This message has been edited by KZ1000 (edited 04-19-2008).]
"Remember, history that is forgotten is doomed to repeat itself!"
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#109378
Sun Apr 20 2008 03:30 AM
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Joined: Jan 2005
Posts: 2,702
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KZ10 Simply put, you have NO idea what kind of ethics I live by.... I'm not driven by the God almighty buck ! I'm the guy who writes ebay sellers day in and day out, telling them what they have and not to end their auctions early... That just has to EAT some people up. There's others on here that have ethics too ! The ones that tell the old lady/man the pump is worth more than a few hundred dollars. You can bet I would gotten a hold of the owners of the estate privately and worked out a reasonable price for both parties. I sleep well at night.. BYE :P
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#109379
Sun Apr 20 2008 03:32 AM
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Joined: Jan 2005
Posts: 2,702
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#109380
Sun Apr 20 2008 06:06 AM
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Joined: Dec 2002
Posts: 1,246 Likes: 1
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i really admire blackteetexacogold code of ethics, not many people would do this........If i was financialy secure & did not have to buy & sell for a living, would like to think i would do the same....
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#109381
Sun Apr 20 2008 06:27 AM
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Joined: Aug 2007
Posts: 460 Likes: 1
Petro Enthusiast
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My question was really whether or not the estate liquidator has the responsibility to "do {thier} homework & find out what the items are worth" on the items they sell FOR the estate. Isn't that part of what you hire them for?
If you hire them to sell your items for you, shouldn't you expect that they would price them to not only sell your items, but get you at least a fair price. $150 on this one isn't even close. I'm looking at this from the estate holder’s view. I'm not questioning the buyer’s integrity as that's up to them, but I'm questioning the estate liquidator’s responsibility.
Something tells me that you all would be spinning like a lathe in your grave if your wife hired these people to liquidate your collection.
[This message has been edited by lurker (edited 04-20-2008).]
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#109382
Sun Apr 20 2008 07:09 AM
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Joined: Dec 2002
Posts: 1,246 Likes: 1
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Lurker.........i think you answered your own question here, an estate liquidator simply liquidates estates, an appraiser would appraise the estate....it would be very difficult for a liquidator to do reasearch on each & every item of the thousands of items they sell every month...... there was a case in Washington or somewhere out west where a person brought an item to an appraiser who appraised it low, then reccommended a good antique dealer who paid this appraisers appraisel....turns out the appraiser was good friend of the dealers who were in kahoots......the dealer bought the item, then resold at auction & made 10 fold for what it was appraised.....The appraiser in this case was held responsible & i don't know what happened afert that.....
its not buyer beware, "its, people be aware
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#109383
Sun Apr 20 2008 11:23 AM
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Joined: Jan 2003
Posts: 3,352
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Who said the estate was sold through a liquidator?
It could have been sold by,
the family itself through a newspaper ad
taken to or picked up by local auction..
or a few other ways..
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#109384
Sun Apr 20 2008 12:49 PM
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Joined: Aug 2007
Posts: 460 Likes: 1
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Who said the estate was sold through a liquidator? Nobody. My question was "IF they hired an estate liquidator to sell their items. I also stated "If they held the estate sale themselves then I guess they learned a costly lesson". But, when I hear estate sale (which is how the story of these lens' was first worded) here is what I first think of: http://en.wikipedia.org/wiki/Estate_sale I was merely questioning the responsibilities of estate liquidators in general, using this case as an example IF they used one.
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