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- Thread starter launderess
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ken-n-nancy
Active member
Same seller has a "Vintage Kelvinator Stove" for sale, too...
It is in amazingly good condition, but that's a lot of dough!
It is in amazingly good condition, but that's a lot of dough!
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Her fortune cookie reads, "There is disappointment in the future." Poor thing, she inherited a house and thought it was a gold mine. That is one reason why she might need an eye exam. The other reason is that she sees high prices for treasure where others do not see either treasure or high prices.
stricklybojack
Well-known member
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warmsecondrinse
Well-known member
There might be another explanation. I got this at a late summer pool party i went to up near Woodstock.
From what I understand, the bottom has dropped out of the market for "second tier" antiques. By "second tier" I mean items that have mostly cosmetic damage and/or need minor repairs (i.e. switches, belts) to be functional. No special skills are required, just elbow grease, a place to do the work, and basic tools.
Historically, the buyers of these items were primarily middle and upper-middle class home owners aged 35-60 who had ample supply of the three things above and wanted a rocking chair, china cabinet, refrigerator like their grandparents had.
Today people are staying healthy longer and many of the buyers' parents and grandparents move to smaller places when they get older and give the treasured items to their families.
As housing prices and the general cost of living continue to go up faster than salaries, 1)fewer and fewer buyers live in a house that's large enough to accommodate both a workshop and a place to put the antique rocking chair after it's been fixed up and 2) more and more would-be buyers are working second jobs to maintain their standard of living and simply don't have the disposable time to do a restoration job.
I remember one guy saying that a particular type of rocking chair he liked was going for $1500 2 years ago, $950 last year, and $250 now. Other guys said they've had similar experiences either from a buyer's or seller's side of the fence.
Maybe the same applies to appliances as well?
Just a thought,
Jim
From what I understand, the bottom has dropped out of the market for "second tier" antiques. By "second tier" I mean items that have mostly cosmetic damage and/or need minor repairs (i.e. switches, belts) to be functional. No special skills are required, just elbow grease, a place to do the work, and basic tools.
Historically, the buyers of these items were primarily middle and upper-middle class home owners aged 35-60 who had ample supply of the three things above and wanted a rocking chair, china cabinet, refrigerator like their grandparents had.
Today people are staying healthy longer and many of the buyers' parents and grandparents move to smaller places when they get older and give the treasured items to their families.
As housing prices and the general cost of living continue to go up faster than salaries, 1)fewer and fewer buyers live in a house that's large enough to accommodate both a workshop and a place to put the antique rocking chair after it's been fixed up and 2) more and more would-be buyers are working second jobs to maintain their standard of living and simply don't have the disposable time to do a restoration job.
I remember one guy saying that a particular type of rocking chair he liked was going for $1500 2 years ago, $950 last year, and $250 now. Other guys said they've had similar experiences either from a buyer's or seller's side of the fence.
Maybe the same applies to appliances as well?
Just a thought,
Jim
Too many sellers need to soak their heads in those rusty,corroded machines!!!!The Kelvinator range looks nice,though.
