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The Theater of Estate Sales, Part Two
by Jean
Hubbell Asher
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Part One
In Part One, I recounted
the story of a rather painful estate sale
by a pair of owners who were an antiques dealer and her husband
in the process of moving South. The wife was clearly not
reconciled to the move and this despair was compounded by the
need to sell personal belongings and the balance of her antiques
inventory. The wife hoped that everything would
be priced at full retail market value; when we arrived at the
sale the next morning we found that the prices had been altered
upwards on piece after piece. Instead of the usual brisk buying
frenzy, many buyers looked, admired and walked out empty handed.
Occasionally there is an owner who defies
characterization. This particular couple, with college age children,
had only lived in their current house for a couple of years. Prior
to moving, they had sold the entire contents of their former house,
lavishly redecorating the new house from scratch. Then the husband
was downsized, they had to relocate and, once again, they sold the entire
contents of the house down to the last photo. Their detachment was
incomprehensible and well out of the norm.
Another owner was a widower from
another country who, broken hearted by his wife’s death, was further devastated
by the sale of their belongings which had been so important to her.
He had been a bachelor for some 50 years before marrying this beautiful,
elegant, accomplished woman. She was a decorator with a very keen
eye as well as being a playwright. Their belongings were such a reflection
of her that selling them in an estate sale was as though he was losing
her for a second time. They had only recently moved to this location,
trying to scale back their lifestyle, and he experienced no trouble selling
the house once again but selling their things brought tears to his eyes.
In contemplating his own future, he was unable to envision living in this
country without her and moved back to his home country where he felt more
rooted.
Sometimes a sale brings to the fore
the fragility of a family structure. Even when a parent or parents
are still living, there is usually one sibling who carries the responsibility
and resentment concerning the details of the sale from others in the family.
Internecine feuds develop over who gets what; it is both a very understandable
scenario and yet very painful to watch. For some families these fissures
are never made whole.
For the elderly living in their houses,
these sales are especially devastating. For starters, they
don’t want to leave their house. They are often unable to deal not
only with putting their things up for sale but living through the chaos
of a sale set up. These physically and emotionally vulnerable
people are watching as you scrutinize and price their belongings.
To compound the problem, most often the movers have already packed up what
they are taking to their new quarters which may be in an assisted living
situation. The frail owners can only see what items are priced for
sale and yet can’t visualize that their special things are going with them,
now hidden from view in box after box. There is a real concern that
these sellers might have some devastating reaction to what is going
on around them. Maintaining a heightened sensitivity to this scenario
and meeting the sale deadline is a tricky balance.
Some owners are shrouded in mystery.
A weekend house was the setting for a small sale initiated by the almost
ex-wife of a young man who mysteriously died. The sellers knew only
that the almost ex-wife and the about-to-have-been new wife wanted to reclaim
their personal belongings and which they did in a revolving door fashion.
One woman, divorced from her husband
was a shopaholic; everywhere were boxes of unopened merchandise and rack
upon rack of unworn clothes with original tags. Even the logistics
of this sale were impossible as it was at the top of a succession of long,
winding roads, a problem resolved by hiring a shuttle bus. The frantically
acquired merchandise was the physical evidence of her illness and a problem
with deep roots. The sale was a success in financial terms but it was disturbing
for us all to invade a life that had spiraled out of control.
In general there is a common link between
the owners in that they have had a privileged life. I don’t know
if their angst at scaling down is made more difficult by this fact.
I only know that it is almost uniformly difficult.
The sellers who are the professional
estate sale companies are the producer/director of sales, creating
a union between the owners and the buyers. The metropolitan New York
area has a plethora of resale companies with new ones sprouting up and
long established firms continuing on. My frame of reference is Canning
& Watson with whom I have worked for more than a decade.
Estelle Watson and Michelle Canning
are often asked why would you do this business? It is physically
demanding, sometimes degrading and sometimes just plain filthy work, often
tedious. They would say, in fact do say, that it puts them on a never-ending
learning curve; exposes them constantly to interesting situations and they
are both ecstatic when they get a great sale affording endless diversity
in their work life. All things considered, an interesting business.
So you have the owners, the sellers
and then the buyers. The buyers are almost in two categories.
The early crowd have a mission and they’re intense about it. These
buyers come and go quickly in that first hour of the sale and don’t reappear
until the next day. They bring their intensity back as they check
out the status of bids they might have left for pieces which interest them
but not at full price.
The majority of the buyers
come after that first hour of the sale. They want time to really
look at pieces before they make a decision. In asking a lot
of these people why they come their answers are fairly predictable: the
thrill of the hunt, acquiring pieces with a history or just being able
to buy quality or uniqueness at reduced prices. For some, sales are
a lifestyle and what they do on weekends. Some are voyeurs; they
rarely buy but like looking at these high end houses. Some of the
older crowd say they are looking in order to furnish their children’s apartments.
Although that may be true, this group would probably come even if they
were childless. And then there’s always the new generation of buyers,
the thirty-somethings furnishing their first homes. All of the reasons
for coming to the sale touch upon an aspect of why but no description can
really define the allure of a sale.
Some buyers are a constant for every
sale. One man, the son of a very important, now deceased, American
dealer comes, buying things in the $1-$5 range. One dealer, who owns properties
in New Canaan, New York and Palm Beach, buys not for resale but odds and
ends to furnish her various houses and those of her children. Her
interest in sales dates back to her weekly forays with her mother.
Many of the young retail crowd, mostly women, have the wherewithal to buy
anything, anywhere, any time but they like the originality and the prices
of what they find at sales. Many come just at the end of the sale
when prices are reduced. Some are buying things they need like a
set of glasses or dishes; some others just need to buy.
I have an image of one buyer seared
in my memory. Many years ago when walking into a sale in Greenwich,
I spotted a piece of furniture that I had to have. On my way to the
piece I desired, I became transfixed by a scene at the silver table: a
man and a woman each clutching with one hand a silver bowl while, with
the other hand, having a fist fight. The scuffle lasted less
than a minute, at which point they put the bowl down and walked away from
the table which was silver plate and not sterling, I later learned.
I, of course, lost that wonderful piece of furniture I had to have; there
is no such thing as a minute delay at a sale in the quest for something
you want. I have forgotten the piece of furniture but I now know and have
grown very fond of one of the sparring buyers, a regular at all sales.
As antiques have become more scarce,
many dealers tend to be more generalized, caring less about the country
of origin or even date of pieces and more about their look. Most
sales will be of interest to this type of dealer. Other dealers have
a narrow focus - silver, art, rugs - which make up a part of most sales.
They too appear with regularity.
For others, though, the sale is only
appealing when it offers their specialty. These tend to be the high
end dealers. If the sale reads American we can expect one group -
two or three dealers from Woodbury, one from New Canaan, even one man who
is blind. He comes with his wife and feels the furniture to see if
it’s 'right'. For an English sale, the group will be different.
If there’s good Victorian furniture a dealer from New Haven will be there.
Sometimes you don’t see these narrow niche dealers for months on end because
they don’t buy unless it fills a spot in their specialized inventory.
When dealers come early to a sale they
can limit their competition to the first wave of buyers. They can
buy. Take it away. Done. One hour max. Even for private house calls
they are bidding against the unknown people the owner may have contacted.
At auction they wait all day for the chance to bid against a room full
of like minded hopefuls. Estate sales are a very attractive option
for buying and which helps to explain the intensity of the pre-sale lineup.
The retail crowd benefits equally from
sales and being able to buy on a par with dealers at a wholesale level.
There is just one central player left
in most of these dramas: an inanimate object. In this case, the object
was a Regency game table. The table was featured in an ad for a sale
to be held at an historic waterfront home in Darien. The first inquiry
about the table came from an Irishman in Belfast. His inquiry was,
in fact, an impassioned plea to pre-purchase the Regency table which he
claimed had belonged to his family. His grandfather had been forced
to sell in a time of financial distress but he and his brother were now
trying to buy back pieces for the castle. Indeed, he had a photo of his
grandfather standing at this very table.
Canning & Watson has a firm policy
not to pre-sell. This was explained but he could not be placated.
They finally agreed to discuss the situation with the daughter, who was
handling her family’s estate. Reluctantly, but with mutual consent
it was agreed to pre-sell the table. When the Irishman did not meet
the conditions of the sale, which included sending his payment in a timely
fashion, everyone breathed a sigh of relief. During the subsequent
investigation in the episode, Cannon and Watson had to confront the fact
that they had been duped: the bidder was a greedy dealer and not a man
separated by hard times from his family’s table. In fact, this particular
dealer was well known to many and unadmired by all.
The table was displayed at the sale
with a sign up sheet for those who might be interested in buying it at
a later date. A law suit was pending so the fate of the table would
have to wait for legal clearance. The Irishman blinked; the suit
never materialized and many months later the table was sold to the high
bidder on that sign up sheet. The marriage of the table to a buyer was,
many months later, the final transaction of this sale.
When the curtain closes on a sale, the
set-up process reverses itself. The few unsolds are packed up to
be donated or reclaimed by the owner, the props including the signs and
the tables now fill two station wagons. The money is counted and
deposited and two weeks later the owners receive a check which usually
pleases them The next month the props will be readied for another
sale and the process will begin again.
Jean Hubbell Asher has had her own decorating
business for the last 30 years and worked with her mother, Ruth Hubbell,
for 18 years as an exhibitor at the Winter Antiques Show. More recently,
Jeannie managed the Lockwood-Mathews Mansion Antiques Show in Norwalk,
Connecticut from 1993-1996. Married to an artist, the mother of three children
and grandmother to three, Jean can be e-mailed at jhasher13@aol.com
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©2000 Jean Hubbell
Asher for SeniorWomenWeb |