What Its Worth

We have found one of our favorite past-times during traveling is to stop in at antique and vintage shops and browse around. We seldom buy anything, and very often I’ll hear others comment, “Who would buy that?” Or more likely, “who would pay THAT MUCH?!” for a certain item. My wife will always give me a look, or a shush! but I’m sure it’s a common observation over what often seems to be random pricing in the second-hand retail market.

This fall we finally stopped in at a shop we have literally driven past for years. Finders Keepers is located on Main Street in Orange, Virginia and we see it nearly every time we head down to one of our favorite vineyards in Barboursville. Their website indicates they have been in business for over twenty-five years so I am surprised to see how long it took us to stop in. Needless to say, it was worth the visit.

Finders Keepers building in Orange Virginia

While we browsed their extensive assortment of items, everything from furniture to lamps, prints and paintings, and home decor, I struck up a conversation with owner Bradley Toombs. We talked about how Covid has rapidly changed the face of retail, especially small businesses. During our conversation he mentioned that they also run an estate sale business and gave us his card to check it out later. Acorn Estate Liquidators offers online and in-person estate sales providing their clients with options to liquidate their personal possessions. It turns out, as many people are contemplating downsizing or moving away from the area, one of their greatest concerns is what to do with all of our stuff.

More out of curiosity than a need for anything, I checked out one of their online auctions.

WHAT A SURPRISE!

Here’s a brief list of some of the things that were available to bid on:

  • Antique furniture and lighting
  • Clocks, collectibles, paintings and prints
  • China and crystal, silver, pottery 
  • Linens, quilts, and rugs

There were hundreds of items to bid on, most of which listed had an initial bid of $2. In some cases they increased by as little as $1 per bid. I’m struck by how little some of these items eventually sold for. There was a vintage Leica camera complete with additional lenses and a gorgeous leather camera bag that topped the bidding at $3,500. But that seemed to be the exception. Most of the lots closed at prices under $50.

So I jumped right in and started bidding! I lost the auction on most of listings I bid on, in some cases by as little as that $2 increment. But a couple of things that I bid on, I won.

While I’m quite pleased with having won the bidding on this sofa for $10, I think I might have gotten carried away bidding on this vintage children’s wagon. It looks great in the garden, I plan on filling it with potted plants in the spring, but the $27 that I paid for it was probably a little high. I am surprised at how many winning bids came in under $10. I suppose with an opening bid of only $2, it can take some time to reach a respectable bid offer. Yet there are always a few items that fetch commanding prices such as estate jewelry, fine art, or some of the antique furniture. Right now I have my eye on a beautiful wingback chair in great condition ($10) and an antique Victorian walnut marble-top washstand (my bid so far: $5).

But much of what’s offered looks like will bring in far less to the family than perhaps what they were anticipating. And that’s what really has me intrigued. When I look around our own living room, for instance, and contemplate what we paid for things like sofas, side tables and lamps, and all the decorative pieces that fill our rooms, and start adding up what I think they will get at auction, I begin to get a sense of real value versus cost.

Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also. Matthew 6:19-20

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