Current local supply and demand dictate the prices for the majority of items, unless it is a specialty item. Maker, Material, Condition, Intrinsic, Current Market Value.. these are some of the factors that we take into account when pricing a item.
Example: a used Wood China Hutch. These items are very easy to acquire, heavy to move and hard to sell. Over the last 5 years, the demand for china hutches have really declined due to a dynamic shift in home entertaining styles. A standard hutch that once commanded prices in the $500-1000… is currently struggling to sell even at the $150-300 range.
Unexpected Treasures: Whilst staging the library of an estate, we noticed a book about the artist Salvador Dali. We opened up the book and found a one of a kind sketch by Salvador Dali. Needless to say, the consignor was quite pleased with our discovery!