5 ms·
All values are artificial. Everything is worth whatever someone is prepared to pay for it. If someone buys this lot for $550k, it's worth $550k. You probably
by madaxe 14y ago
All values are artificial. Everything is worth whatever someone is prepared to pay for it.
If someone buys this lot for $550k, it's worth $550k.
You probably could have found a buyer willing to pay £500 for your intaglio, but it's all about market reach.
This is why sniping on eBay for badly listed stuff can still earn you a small fortune. I bought a pair of mislabeled oil paintings with provenance on eBay for £45, and sold them at Sotheby's for, um, more than that.
- uptown 14y agoHow many zeros more?
- polymatter 14y agoOil painting with provenance go to Sotheby's. Ok, thats a given. But where would you go to find a buyer for computer manuals signed by billionaires? Or old computer games and long obsolete hardware? I always imagined you'd have to have a specific contact in mind when you buy such things and hope to flog it to them. And to whom do you go to if you had the money and wanted niche object X?
- madaxe 14y agoSotheby's, still. You'll find there are plenty of real-world auction houses who do specialist auctions and sell really esoteric stuff to a specialist audience. Also, you can always re-sell on eBay and break up the lot.