Even in a recession, we still hear about high prices achieved at auction for desirable antiques and collectibles.
This held true recently at an auction in Asheville, NC. Brunk Auctions
http://www.brunkauctions.com
had a wonderful array of antiques and fine art up for bid in their May 9-10th sale.
One of the items in the sale was a pretty porcelain vase, thought to be a reproduction of a Quianlong Dynasty (circa 1736-1795) Famille Rose vase. It was expected to bring about $800.
It's owner would have certainly been thrilled with that price, as she acquired it at a garage sale in Florida several years back. For those of you that are not garage sale savvy, this means she paid probably less than $10.00 for it.
The bidding opened at a surprising $2,000 and soared from there. Once the bidding reached the $1,000,000 mark, the auctioneer, Robert Brunk asked "What's the next number?"
The bidders that day determined the value of said vase to be....$1,075,000
People, it's garage sale season. Pull out the classifieds, and get shopping!
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