Yes, you need to start thinking differently.
You need to start thinking in terms of categories of pricing bands.....
Based upon 'The 7 Simple Stipulations' of.....
AGE - CONDITION - QUALITY - DESIGN
FASHION - RARITY - NOTABILITY
Each of these stipulations ticks a BOX.
Tick all seven and you have just won the jackpot.
Tick none and you have the booby prize.....
Most items fall in between - this is the sweet spot. The middle is always where the real money lies.
THE READY RECKONER
This ready reckoner is only a guideline. You must get your item checked out by an expert if you are ticking more than a few boxes.
Zero boxes ticked = Likely worthless
One box ticked = Less than $20
Two boxes ticked = $20 – $100.
Three boxes ticked = $100 – $200.
Four boxes ticked = $200 – $300.
Five boxes ticked = $300 – $1000.
Six boxes ticked = $1000 – $2000.
Seven boxes ticked = $2000 – $5000
All 7 boxes ticked plus emotional/sentimental value AND extreme rarity AND extreme quality AND extreme notoriety = $5000 – $50,000,000
For a more detailed article on this ready - system, go here