Featured What would you do?

I think the two listings for $9500 frames are the same exact frame. The seller has it posted on two different websites.

 

I also agree with Komo.

 

As far as the mundane lion in a valuable frame, people who inherit stuff don't always appreciate the value. My mother thought nothing of putting tacky plastic flowers from Woolworth's in rather valuable antique cut glass vases.

 

RAGO said it wouldn't be a good venue to sell in, oh well, at least I contacted them and asked the question.

 

I did contact them and explore that option. Essentially, I was told that isn't an option. This could be for a variety of reasons: perhaps their retail estimate is really high, perhaps they know that it might sit for years (or even decades) un-purchased until the perfect buyer comes along, or perhaps they have too much sunk into the rest of their inventory...Either way, I explored that option, and even hinted I'm not in this to make top retail price just to get a nice fair return for the frame, and no luck.

 

only one reason...
they don't think it's a money maker.....

 

Yes they do.
They're going to make 6500 on the restore.

 

...they HOPE to make $6,500......
but ...I think....N8 is too smart to turn this item into a money pit !

 

I agree with Bev and OP on this. I sometimes get gold jewelry with glass stones in it. Gold wasn't always as high as it is now. No one would set glass sones in gold now, but years ago yes they did.

 

Hi,
That is because gold was set at 35 dollars an ounce. The price was stabilized for years. Only when they told the set price off did the gold soar in price. My in laws wedding bands were sold for 10 and 12 dollars. They now contain several hundred dollars. I think the most I paid for a gold ring back in the 1950s was 35 dollars. One that I bought and really did not like I sold for scrap in the 1990s bought 1300 dollars. If only I knew.
greg

 

That explains my late dad's class rings. He bought the biggest sizes he could get, because he figured he'd never wear the rings, and if he had to sell them for scrap at some point I think the price thingie was about to come off.

 

You guys are the wise ones, not me. I just appreciate you all sharing your perspective here. I think I'm leaning towards the local auction that placed the value at $400-$600. While a bidding war is highly unlikely, who knows, it could happen. Either way, it was a fantasy to believe that should a high price could exist for a repaired retail piece but no middle ground of value exists in the market. You all helped me to see that!

 

If it goes to auction....make sure everyone you.ve asked about it knows.....
spread the work....it can only help !

 

Which would send up big red flags to ME!!!!