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Valuation of Seth Thomas Grandfather Clock?

I am interested in purchasing this Seth Thomas grandfather clock, an item that my husband has been wanting for some time. I am not sure of the age of this clock, but have seen it in person and was hoping to get a valuation on it, as I would like to bid a fair price.

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November 13, 20200 found this helpful

I have been checking out some sites other than eBay that give you an estimate of the fair market value for this clock. They are indicating that the fair market value is $400 and the fair insurance value to ensure the clock is $1000. Other sites that do an online appraisal of these clocks say the fair market value is $500-850. If you are looking to bid on the clock why not start off with a $250-300 bid and see what happens. I don't think I would go much over $500 for this clock because of the appraisal and a lot of them were older appraisals and the value has not increased much over the years and today people are not actually buying these types of items.

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November 13, 20200 found this helpful

Seth Thomas - a collectable brand carries good value , typically in good condition sell for over $500. There are a few online for sale, these are asking prices, not sold prices - www.ebay.com/.../i.html?_from=R40&_trksid=p2380057... - ourpastimes.com/seth-thomas-mantel-clocks-information...

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November 13, 20200 found this helpful

It is difficult to quote a 'value' as I have not found a similar clock that has sold in the last year.

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Since you are looking at an item in an auction you may not have very long to make this decision so I would suggest that you determine how much you can or wish to spend on this gift and let that be you guide.
Most of the for sale listings you find online will be 'pick up only' which means the area where located will be a big factor in the final value. If this type of clock is popular in your area then this one may go at a higher price but it seems that most of the grandfather clocks listed for sale start at about $300 and can go into several thousand. The problem is that asking prices do not set value as only a sold identical item shows what someone is willing to pay. Without that you will have to set your own stopping point.
If this is something you will both treasure then this should have a bearing on your final price as these are intended to be handed down through the generations.
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Hope you get a good buy.

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