Know your marks follow-up: buyer got a deal on vintage Los Ballesteros necklace
2012 January 2
A few days ago we posted about an auction for a vintage sterling silver Los Ballesteros necklace that was not correctly identified and wondered how the bidding would go because the maker wasn’t promoted in the listing.
The starting bid was $ 50, and the estimate was $ 100 – $ 200. Alas – for the seller – the necklace sold for only $ 80. Assuming the piece is authentic, the buyer got a great deal. Congratulations to the winner! You can see the auction listing here.
And that’s why it pays to know your marks, whether you’re buying or selling.
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