
04-17-2014, 04:54 AM
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Soaring Eagle member
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How Replacements determines a Price
Quote:
Originally Posted by dotti105
I had a similar experience with Replacements. My sterling flatware, service for 12 with lots of extra serving utensils was only worth $900 to them. Nope, couldn't do that!!
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Quote:
Originally Posted by theorem painter
I just contacted Replacements about my sterling that they are selling on their web site for $300 a place setting. They offered me $40. I will wait until the price of silver goes back up and sell it for scrap.
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For many years, I was a huge supplier to Replacements, of china, crystal and flatware.
The way they determine a price is very simple.
Without going into details that may sound confusing, it works this way.
When they have an order from a customer,
for a certain pattern and certain pieces or a set (of anything),
they will offer you a very fair and good price for your items.
However, if they are simply buying because someone has something to sell
and Replacements has no call for it (to resell immediately),
their price is very low.
While the above holds true,
the price of an item can change from one month to another.
In addition, what an owner may think is a perfect specimen
could easily have a 25% (or more) reduction of the current price,
because it is not as perfect as they think.
Since the time the Internet became the preferred way to sell things
and the resale market changed so tremendously,
I sell for myself and my customers on eBay and a couple of other sites.
At least that way, I don't have to drive up to the Carolinas!
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