I have owned a western auto wooden boat with steering wheel and windshield with wizard motor garage kept for about 24 yrs. was kept in shed before that but does need lots of work not water worthy right now. All original. Can someone tell me how to find out what it is worth. Has boat trailer
Hard questions to answer. Things such as location, condition, supply, demand
season of year and state of economy all can be factors in the equation.
I have noted at auctions that if only one bidder is interested despite auctioneer's best efforts sale price is low. On the other hand if two or more
bidders have to have an item the bidding goes up and up and up until all
but one bidder runs out of money or nerve. This can and does happen with similar items on different days with same auctioneer. No one can say with any certainty
what something will sell for be it at an auction or between a buyer and seller in
a private transaction.
About all you can do is establish a range of what you are asking and the least
you will accept by doing your homework of asking prices of similar items on
sale at various places online or in shopper ad papers and similar. That is
about what the international art auctions do when they post pre auction
estimates of high and low range of probable selling price...they are experts
with vast experience and knowledge...that is all they can do.
The question of price/value is a very difficult to predict number. The general
principal of selling is to set a high (but not too high) asking price and play
your cards close to chest. A buyer may accept and pay the asking price (rarely)
or make an offer which may be a fair and sincere number even if lower than
you would like OR it can be a low ball offer which is a standard and legitimate
effort to get something for less than it is worth. The response to offers too
low to consider vary from a simple No, a counter offer or simply to say the
price is firm. Welcome to the market place and good luck