When I teach my Home Downsizing Program I often ask my classes this question:
“I’ve never been into your home but let me guess. You either have, or had, a formal dining room. In that dining room you have an extension table with leaves, 4-6-8-12 chairs, a sideboard, and a hutch that is either open-top or with glass doors. On the top hutch shelves are your items of “Pride” including Limoges china, Waterford crystal, Hummel or Lladro figurines, family mementos, and other similar items. Hidden beneath is a set of rarely-used china, platters, candles & candelabras, napkins & napkin ring holders, flatware, silverplate, wedding gifts from many years ago, etc.”
“You’ve been in my home” the class jokes. As my generation ages, we’re typically selling our dining room contents as we prepare to move into smaller quarters. But the younger generation is not buying. They could care less about the formal dining experience and many don’t even have dining rooms in their homes.
So when you’re ready to sell your formal dining room contents, try to focus on the many years of fond memories it provided, and not the depressingly-soft prices things are selling for today.
WHAT’S IT WORTH? A client’s Pennsylvania House cherry dining room set, in excellent condition, complete with table & leaves, sideboard, and hutch sold for $325, at a very reputable Auction House. After auction commission and delivery expense, they netted around $200 for the entire set.
Mike Ivankovich is an Auctioneer, Appraiser, Home Downsizing Expert, and host of the "What's It Worth? Ask Mike the Appraiser" Radio Show that airs live in the Philadelphia PA area on Friday mornings from 9-10 AM EST on WBCB 1490 AM and on the Internet at: www.WBCB1490.com His show also airs in Denver CO on KEZW Cruisin 1430 AM on Saturdays from 3-4 PM MST & Sundays from 11 AM-12 Noon MST, and on the Internet at: www.Cruisin1430.com
You can also visit: www.AskMikeTheAppraiser.com