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Tuesday, June 3, 2008

SURPRISE: THIS SHERMAN DIDN'T SELL FOR AS MUCH AS IT SHOULD HAVE!

In yesterday's blog, titled "THE MOST POPULAR SHERMAN COLORS", I told you about a fuschia Sherman set consisting of bracelet, brooch and earrings that was on auction on eBay. Well that auction just ended and much to my surprise, it didn't get the dollar I thought it would. After all, bidders on eBay have been almost going silly for fuschia or red Shermans in the last month or so, fetching not hundreds, but thousands of dollars.

So what happened? Why did this rather lovely set that I would have added to my collection go for only $212.49? (The winning bidder must be grinning from ear to ear!)
My guess is it had more to do with the time of day the auction ended ... 5:45 pm EST ... than it did with the set itself. That's close to dinner time for some of us while our neighbours on the west coast are still at work.

The other possibility is that this particular seller warned bidders that they'd have to pay taxes. For those of us in Ontario, that would add another 14% to the cost of the Sherman. Then add in shipping for another $13 - $15, and hey presto, that Sherman has become an expensive buy. And that's okay if you're only buying as a collector and money is no object: a set like this is well worth it. But it would stop those who buy to sell down the way. You see, like anything you hope to make money with, whether it's stocks or jewelry, you're always looking to buy low and sell high if you can.

In scouting around websites selling Shermans, I find the price range is extremely varied. Only a handful, like myself, have reasonable prices on Sherman, though I'm sure visitors to my SHERMAN JEWELLERY site who aren't familiar with how expensive Sherman Jewelry can be would probably find me expensive too. But let me tell you this: I've been floored by the prices I've seen charged not only on websites, but at heritage and antique shows. I went to one about a month back and well, I couldn't afford the Shermans I saw on display. I did purchase one set and
it's very lovely (pictured here ... click photo to see more views and read about it) but even it cost more than I wanted to pay. The rest, well forget it. In short, if you love Sherman jewelry and want to collect it or wear it, start saving now.

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