Well last Thursday's auction was defenately interesting (my first auction). I walked away with nothing. Why? Well I have a dollar amount in my head on what I am used to paying via thrift stores, garage sales and estate sales for MCM / 50's pieces that are in good condition. Welllllll, when MCM pieces at this auction went up for bid, dealers were snatching things up, like sideboards and Credenzas for around $400 - $600 dollars a piece. My piddly little $250 limit on what I am used to finding a great condition MCM credenza with matching end tables was blown out of the water in the first 5 seconds of bidding.
I have never seen anything like it! It was pretty much the same 10 people bidding on everything MCM, and then when beautiful 1920's pieces would come up for auction, they would sell for around $50. JEEEZ! What happened to the price of 'real' antiques? Anyways the whole thing was very interesting. MCM is hot right now, and dealers need to keep inventory coming in to their booths, so there is lots of competition. Dealers also have to haul the furniture, and pay for the space at the stores, so I can imagine the markup needed to make a decent profit. As an example, in my last post there is a picture of a credenza that sold at auction for around $600. The next morning, that same credenza was on Craigslist for $2200.00. WOW! So all in all it was a great experience. I know that I am going to stick with my current method of collecting.... thrifting, garage and estate sales. There is that thrill of hunting every weekend and looking for a buried treasure, or finding that beautiful piece of MCM furniture in someones garage that they think is tacky, but is beautiful to me. It seems that what I do is also a hobby as well. I will leave the auctions to my dealer friends that acquire lots of inventory at once...as I understand it is a necessity in order for them to keep their booths stocked.
So, the day after the auction I was back to my normal method of collecting. And I was thrilled to find a pattern of 50's china that I have seen others have, but have not come across myself. It's the coffee mugs/creamer/sugar container in the first picture. Does anyone know who the maker was or the pattern? each piece was 10 cents at a garage sale.
Then it was off to an estate sale, where I FINALLY found a mens 1950s cooking apron!
it needs a good scrubbin'.
I also found a mint, unused 'Magic Hostess' ice crusher. I bought this mainly because I accidentally bought a bag of coffee beans that was not ground. I was hoping this thing would grind coffee as well. DUH, nope, doesn't grind fine enough. OH well, i have a vintage ice crusher whenever i need it. Finally, at the sale i snagged a large, gravel art piece. its on a wood backing and is about 4 feet tall! I love it!
All in all I would say that i enjoy the thrill of the hunt, and the results. Even on weekends where I come up empty handed I enjoyed driving around, and rummaging through someones vintage house.
So what is your method???
Thrifts/garage and estate sales?
All of the above?