Something Special
After some digging around something in the sharp corner of the attic caught his attention. That corner was filled with a whole bunch of beautiful antique items. There were items like English teapots and Russian dolls, all of them covered in a fine layer of dust. There was one item in particular which was tugged away in the far corner, a beautiful vase with fish design on it.
Hidden Treasure
Damon called Leanne upstairs to show her his discovery. They both got busy browsing through the beautiful collection of antiques. Leanne wondered why their parents had all of this packed away in the attic. Leanne took a rag and began cleaning the items. The fish vase caught Leanne’s eyes too. The vase was sixteen inches tall, shaped like a gourd. She took her rag and wiped off the thin layer of dust from it. The clean vase took the siblings by surprise.
Marvelous Craftsmanship
The vase was beautifully decorated. The top and bottom sections were yellow and covered with elegant, flowery patters. The middle part was made up of intricate blue lattice. On the front of the vase was a circular plate portraying two goldfishes swimming in water. The base was blue, with some Chinese script in the center. The siblings couldn’t make sense of the markings, and they didn’t know anything about the antique’s origin either, but even their non-expert eyes could see that this was vase was not ordinary.
The Decision
Damon and Leanne had a big decision to make. They began discussing what was to be done with the antique collection. They surely didn’t want to throw any of them away but taking them back home was not possible either, neither of them had enough space to store them. Besides, it would be shameful to put them in a storage space locked away. They deserved to be displayed in all their elegance and glory. They decided they would both keep a few small items and try to sell off the rest.
Auction House
The siblings began researching how to go about selling these antiques and learned that the best way will be through an Auction. An auction house will take these items and provide Damon and Leanne with an approximate value. Later on, they will sell the items to a room full of antique collectors who will bid against each other and the highest bid will take the item.
Analyzing The Risk
The advantage of selling at an auction is that the bidders can drive up the price of an antique. However, there is also a risk associated with it, which is that in case there are not enough people who show up at the auction, the items will be sold for much less than they are worth. Leanne knew they had to take that risk because it was the right thing to do, selling them to an antique collector is the fair decision.