Featured Sold it too low?

Discussion in 'Pottery, Glass, and Porcelain' started by rink28, Jan 11, 2019.

  1. rink28

    rink28 Well-Known Member

    On Jan 2 of the new year I walked into the local salvation army and saw this loetz cobalt blue bowl on the shelf. Today I sold it for 300.00. I am wondering if I sold this for too low? Thoughts? Thanks

    s-l400 (14).jpg s-l400 (15).jpg s-l400 (16).jpg s-l400 (17).jpg s-l400 (18).jpg
  2. cxgirl

    cxgirl Well-Known Member

    I would think $300 is a good price for the piece:) and I imagine you made a good profit on it.
    How did you id it was Loetz?
  3. rink28

    rink28 Well-Known Member

  4. Kronos

    Kronos Well-Known Member

  5. rink28

    rink28 Well-Known Member

    Kronos I'm not sure! The possibility is there. I did message the buyer about it and they said they still want it. There are other bowls on Google images that look similar to mine but have no lid so I wasn't sure
  6. cxgirl

    cxgirl Well-Known Member

    that is interesting that the one in your link is the same as the one in Kronos link just minus the lid. The seller in your link rink28 is a well known collector/seller in the art glass groups.
    Did you ask about it on any art glass groups? Truthfully I don't think yours would have anywhere near the kind of value as the one on Ruby Lane.
    Not sure what you can do if you have already sold it, maybe just enjoy your profit:)
    Last edited: Jan 11, 2019
    *crs*, judy, pearlsnblume and 2 others like this.
  7. komokwa

    komokwa The Truth is out there...!

    flip a sally ann find for 300 smackers ...in 7 days .....

    me thinking you's a done just fine !!!
    *crs*, wildrose, judy and 6 others like this.
  8. pearlsnblume

    pearlsnblume Well-Known Member

    I think ya dun great. Enjoy the profits.
    *crs*, judy and cxgirl like this.
  9. say_it_slowly

    say_it_slowly The worst prison is a closed heart

    These are just questions so no inference intended:).

    What does the oval sticker on the base say?

    Would Loetz commonly have what look like imperfections on the interior?

    Would this be a "blank" since it isn't carved like the one in the link?

    Personally I'd be happy with the return unless you know of a piece more like yours that sold for significantly more.
    *crs*, judy, cxgirl and 2 others like this.
  10. Ownedbybear

    Ownedbybear Well-Known Member

    I sold something recently for just under fifty quid, having paid three for it. I suspect it will get sold on for over a hundred. But, took me under a week to flip it, wheras the dealer who bought it, may well sit on the thing for months. I'm happy.
    i need help, Fid, Figtree3 and 8 others like this.
  11. rink28

    rink28 Well-Known Member

    Hi all thanks for the responses! Say it slowly it reads "Czecho" on top and on bottom it reads "slavakia" it is funny that you mention blank because I thought that too after seeing the link that's why I was very unsure but I'm happy with the profit. Mine is plain Jane unlike the other one in the link but all in all I'm happy with it. Thanks again!!
  12. Figtree3

    Figtree3 What would you do if you weren't afraid?

    Congratulations on the sale! You did well.
    i need help likes this.
  13. Cherryhill

    Cherryhill Well-Known Member

    Sold it to low? That's a good question, but it brings up a point. You can hope to sell it to one of two customers, the ones who hope make more from it, (wholesale) or the one who wants to add it to his collection, (retail)
    There are many more out there buying wholesale, hoping to get top dollar than there are looking to pay top dollar for something the wish they had.
    We always tried to price our goods somewhere above wholesale, so we could discount them, but realizing that if the collector found it he would jump at it. Let the Wholesale buyer try to get top dollar.
    Percent wise you did very well.
  14. dgbjwc

    dgbjwc Well-Known Member

    I couldn't agree more with Cherryhil's comment. I try and price my items so they are above the wholesale price but will still be a bargain for any collector. I would prefer my items move than site in inventory forever waiting for that top dollar.

    I would add that you will soon drive yourself crazy with the "sold it too low question." I concentrate on the spread between the price I paid and what an item sold for. Today's top price will not be tomorrow's top price which will not be the next day's top price, etc. Prices change constantly and the best you can hope is that you get a good profit when you sell. In other words, if you sell an item for $100 don't be upset if an identical item sells the next day for $110. It's quite possible that the day after another example will sell for $90. If you made your profit that's all that should count. Good luck to you.
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