I was on the way to the flea market this morning and happened to see an estate sale sign for a house about a half mile away. Of course I headed that way immediately. It turned out to be a "foreclosure sale" being run by the parents of the homeowners. It was the last day before the home went back to the bank. Although the family had moved out, some items remained.
There was a German-made drum set the grandparents had purchased for the grandchildren for $400. I thought that maybe Odel at the flea market [he sells mostly music related items] might be interested. I texted a photo to him and asked about the price. They steadfastly insisted it was worth $250, despite the magic marker writing on one of the drum heads and signs of obvious wear. I explained that the dealer had to store them and make some money on selling them but no deal.
Yet they willingly sold me a gourmet pot rack with chains, grid & hooks for $10 without an afterthought. I should have tried to do better but after going nowhere on the drum set I let it go and was content to get a $150 pot rack for less than 10% of its value.
It's amazing how irrational we can be if we pay for something… The ironic thing is that I had to send Mr Vintage to pick up the porch swing I also bought… for a steal. They gave him their phone number and dropped the price. Too late and no deal.