Everyone knows jewelry has value but what pieces and styles actually sell requires experience. For example, if this had been gold, I would have simply scrapped it as no one wants to pay todays gold prices. Being a Native style with a name brand that has a following, I was able to get top dollar for what was under $50 in silver.
This was an amazing piece that came with ownership history. It was a gift from the Queen of England to a US captain who lended aid to a British ship in distress in 1866. Not only was the end-cap engraved but it also had the original letter of recognition and even a family tree of the individual. This should be in a museum and I assume the buyer will treasure it as such. I suspect it could have sold for more had we fished for a bit, but the opening bid of $1,000 was certainly fair.
I can't believe someone bought this. In fact, the buyer emailed me right after and said "Curious piece, I can't believe I bought it, it just caught my eye. Thank u.' Seriously viewers, this not something I want to try to consign and I wouldn't have paid $5 for it if someone brought it into the store. But, we found it on a clean-out job and made the effort to find it a good home and made a little money. What you don't see is all the things we list like this that never sell ....
Specialty hobby and crafting items that were made in limited quantities can be in big demand and finding a model kit like this that was never built can be a premium piece to enthusiasts. In fact, we can sometimes get a higher price than our research tools indicate simply because items like this just don't come up for sale too often.
This little table was probably $900 new, so you'd think selling it second hand for $275 would be no problem. But let me just say that the ONLY reason I was able to get it sold for even that much is that the legs came off and I was able to ship it in a box to someone who wanted it half-way across the country. In our store, people would expect to pay $100 or less for a little piece like this.