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Old 07-30-2010, 09:39 PM   #1
jenjen1127
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Opinion on Flea Market Pricing

Last year when my father passed away when I cleaned out the house I put in storage everything that I thought was worthwhile keeping. We are going to be moving to Florida in December and decided to do a flea market to sell not only those things from his house but also lots and lots and lots of "stuff" I've accumulated over the last 13 years in this house. I pretty much know that you don't make much at a flea market. I usually sell on Ebay and do very well but there is just too much to do that and I want to clear out now! My question to any of you who frequent flea markets - my father had oil paintings that I know he paid over $100 each for. They are in great shape and the frames are all intact. What do you think I should ask for each of them? I don't mean to sound greedy but I'm not going to give them away. What do you think. The flea market is tomorrow morning so I hope some of you have ideas tonight.
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Old 07-30-2010, 10:53 PM   #2
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If you know something is worth over $100 than I would price it as such. A true collector will pay a resonable amount. I would price it at what you would love to get for it, but have an idea in your mind about how much your are willing to haggle down to.
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Old 07-30-2010, 11:40 PM   #3
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At a flea market, people are looking for deals. A large price will turn off some people.
However, there are always plenty of people at a flea market who have cash and are looking for a good buy. A nice oil painting might just be the ticket. You can only try it and see - put something you would like to get for it, say $175, on it.
Make sure you leave yourself some bargaining power - most people at flea markets will haggle forever!
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Old 07-31-2010, 06:57 AM   #4
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My theory is if you really want to get rid of it, price low. Not ridiculously low, but low enough that you don't need to drag them back in to storage. For example, I think I would put a price tag of $50 or $75 on the painting and be willing to bargain. Its great to make money, but its a pain to have to wrap up all the stuff again, too.

with the sale!
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Old 07-31-2010, 07:10 AM   #5
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And watch out for the people who really want to chew you down - chances are they're a collector or an antique dealer and they know what the item is worth (meaning they'll pay you very little so they can make a big profit). We used to have an antique store and we got to know the type so whenever we had yard sales, we picked them right out.
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Old 07-31-2010, 09:20 PM   #6
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Flea market prices are usually anout 1/2 of retail.
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Old 07-31-2010, 09:25 PM   #7
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hope you had good luck!
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Old 08-01-2010, 04:42 PM   #8
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Hope you had a great time! I actually was at our version of the flea market today - the car boot sale! I didn't make a fortune but cleared out some junk. Its true that people want things for nothing. One lady was horrified when i asked for £1 for a In The Night Garden toy. They are popular over here and this one costs around £5. It was perfect but the look on her face was a picture - you'd have thought Id asked for a million £'s......
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Old 08-01-2010, 06:51 PM   #9
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Well I did OK at the flea market. I made about $200 getting rid of old stuff but I didn't sell the oil paintings I originally asked about. They are really nice oil paintings that my Dad had paid over $100 for at an art auction and the people at the flea market didn't even want to pay $25! I just put them back in the car and brought them home.
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Old 08-01-2010, 07:56 PM   #10
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Congrats on making $200! Sorry about the low balls on the paintings!
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