Don't forget that an "Appraisal" is just an opinion. Many local sellers (on Craigslist) note an appraisal of hundreds, or even thousands on old black straight stitch machines. They make the comment, "I know what it's worth so don't try to lowball me." Hahahahaha. WE all know that they do not sell for that much except in very very rare cases. These machines are listed for years, sometimes, and just do not sell, unless the seller gets smart and sells it for $10-$40.
I bought a very nice FW right down the road at a garage sale, dirty and badly needing service, for $20. I later sold it for $250, which was a bit low for it's condition. I might have gotten more, but I figured that I had made enough on it.
Originally Posted by
BellaBoo
Even the pros go to ebay for pricing for what the market will support. An item may be appraised for one amount but the selling price is usually a lot less then then the appraised value. I rarely go by the appraised value, it doesn't mean much except for insurance purposes.