I have two pieces of Willett furniture, dating back to early 40's. Both are done in cherrywood and have original finishes. One is a beautiful, well-kept china hutch and the other is a dining room set with a dropleaf table and 4 high-back chairs. They were evaluated in 1982, but need a current evaluation. Can you help me? And, would you know any dealers in the Dallas/Fort Worth area who may be interested in buying them? Thank you.
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Hi! My name is XXXXX XXXXX X am pleased to assist you. Based on a review of current recorded and documented sales of similar items in the past year and your description, the current market value is estimated to be from $675 to $750 on the hutch and $725 to $850 on the table and chairs, pending condition and demand. Darker woods are not as much in fashion today, unfortunately, plus the overall market is down by about 30% or more due to the economy.
Potential sales venues would be local listings on Craigslist.org, eBay.com, Rubylane.com or etsy.com , consignment to a local collector shop or inclusion in a local estate sale as an add-on. Most dealers will only pay about 40% of retail in this market, so that may not be a great option to try at present.=
Hope this helps! Best, Will
Do you not have any idea of the value of these items? I had said that they were evaluated in 1982, but wanted an update. Wouldn't they be valued as more in value because they are 30 years older at this date. The china hutch was then valued at $4200 and the dining room set at $3500. Even 30% down due the economy, as you have mentioned, would be greater than $675 to $850. Something doesn't sound quite right...
What is likely not right is your original cost basis evaluation...it sounds like you got a very high insurance replacement valuation, not a fair market price from the time...and a world of difference between the two things...take a look at this:
Note..red numbers indicate the pieces did not sell at auction...
30+ Years expertise in antiques and collectibles