A lot of times when our grand folks give us a family heirloom, we’d think it’s big money. While many of these pieces have tall tales to tell and inspirational stories to back them up, it doesn’t necessarily heighten its value.
If you’re on the look out on how to research and determine the value of items you have, here’s a simple guide. So just before you go crazy about selling that necklace at a high price, check this first.
1. Go over eBay listings.
A common misconception about valuing items is that many think what they have is rare. When you go over the listings of eBay, there’s a big chance that yours is not too extraordinary after all.
Give a brief description about the item you have and these listings will help you determine if what you have is special.
2. Go to live or online auctions.
Auctions pave the way to knowledge. Apart from seeing plenty of rich people investing on really good pieces, this is your chance to see if yours is common and valuable.
Check to see if the item you have is also being auctioned off somewhere else. If so, expect that the value wouldn’t that be exceptional anymore.
3. Consult an expert.
Another way to learn how valuable your item really is through consultation. More often than not, people end up relying too heavily on Google Search to put a price in it.
The fact is experts in the field and those who actually deal with certain items are more helpful. These people actually work for and with the items you have.
A good tip is to have at least two different experts on the same field. This will help for confirmation and of course, peace of mind
It may not be easy but it’s best to do heavy research before you put a price on an item. This way, you’re sure about the value and it’ll be a lot easier to sell.