These old panels were truly 400-500 years old. They had condition issues but were still premium items in my opinion. eBay puts our items in front of tens of millions of viewers but at a starting bid of $500, we only got one taker. I do feel we got a fair price for them but I have to admit that with a proper appraisal going through a name-brand auction with 'clout', they might have sold for significantly more. At the end of the day, they were donated to a local church so the money was found to them and these pieces found a good home.
One of my associates had this tagged to be sold on-line for $60 but when I saw it, I knew it was a good piece that was worth a little more. Sure enough, someone quickly agreed with my price. My team member didn't do anything wrong, but some items are uncommon enough to demand a little more than what our research tells us. It pays to have more than one pair of eyes inspect things and this is how we handle your consignment items as well - we get as much as we can - keeping in mind the need to sell a given item in a timely manner.
We find pieces like this all the time - they aren't worth what they used to be and we had to sit on this one for over a month to find that perfect buyer who would pay a fair price. When we meet customers who have entire homes full of hard-to-sell items, consignment isn't always the best option and sometimes we just offer to outright purchase things in a 'bundle' at a 'wholesale' offer.
We've talked about old metalware having value before. Garden and patio pieces can do particularly well but the cost of shipping heavy items to someone who wants them can really cut into the value of what an item is worth. These actually sat in our loading dock for several weeks before I processed them - most people have spare money like this lying around, how about you?!
This was another 'mid century' item that was so awful that I knew someone would love it and sure enough it sold in just a couple weeks. A good 'picker' can find pieces like this at the thrift stores for $5 and cash in big with the right buzz words and the expertise to pack and ship it.