What is that garage sale item worth anyway…?

Handy pointers if you're putting on a Garage Sale — or going to one!  

Some excerpts:

"1.   Avoid the "it's old" trap. Just because something is old does not mean it is valuable. (This is especially true in the clothes department.) Old is not automatically vintage nor antique. Something is not technically an antique unless it dates over 100 years ago. It may be vintage if it is from a certain generation and regarded as "collectible." Familiarize yourself with some tell tale signs of age, such as marks, imprints, zip codes, and the like."

Remember that value is always in the eye of the beholder. And fair market value is what "a ready, willing and able buyer is willing to pay." Sure as shooting, the quarter items tend to march out the door faster the $5.00 ones. On the other hand, the Franciscan pottery marked at $5.00 is going to leave in a hurry as well.  

Article by Lisa Payne in the Kansas CIty Examiner. Read the whole article here.

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