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#1 2016-07-17 05:17:47

BenKenobi
Member
From: Perth
Registered: 2016-02-21
Posts: 119
Trades :   

Georg Jensen

Oh dear, my wife's Nan, now 92 and still mentally ok idols and independant( bloody amazing) wants to sell her Georg Jensen flatware set she purchased while on holiday overseas with her late hubby 20 something years ago, it's a set called Old Danish. In Showroom condition as it has spent its entire life in a safe in its display case. I have seen her receipt and they spent nearly 10,000 grand on this set, I know right, why would you, surely a heap of gold would have been better, but the poor old duck is now wanting to sell it, 6 place setting of 48 pieces, I checked new prices online and ebay sell this stuff same style still today for the same money she has purchased it for. They bought it as an investment, oh my god I think to myself, with the markup over bullion on the purchase price 20 something years ago at 10, grand she could have bought bullion at a mass of something like 1000 ounces. Trying to figure a way of breaking it to her that her investment is pumped out by a machine and is still being made in the same pattern today, and she paid 800% more than it was worth at the time. Any advice? Do I just say to her to keep it in the family will, she wants to sell it for a holiday, jeez 10 grand 20 something years ago was a shipload of silver bullion.

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#2 2016-07-17 05:26:18

sammysilver
Silver Stacker
From: Sydney
Registered: 2011-04-07
Posts: 5,482
Trades :   189 
Website

Re: Georg Jensen

I'm selling item 181 this Tuesday night. Lovely people. I'll mention your situation if you want to post some pics.

http://www.sothebysaustralia.com.au/cat … ist&page=8


The price we pay for the good life is public servitude.

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#3 2016-07-17 05:33:25

BenKenobi
Member
From: Perth
Registered: 2016-02-21
Posts: 119
Trades :   

Re: Georg Jensen

I will see what I can do Sammy thanks for the offer.

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#4 2016-07-17 05:46:30

scrooged
Member
From: Melbs
Registered: 2014-05-06
Posts: 1,227
Trades :   54 

Re: Georg Jensen

Just tell her.

"Hey Nan, I've checked out the dinner set and it's going for 10k".

If she's mentally ok I'm sure she'll be able to work out it may not have been a great investment. But sounds like a reasonable store of wealth.
Imagine trying to sell a 20 year old lounge suite today, that you paid 10k for.

What's the drama?

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#5 2016-07-17 06:43:43

BenKenobi
Member
From: Perth
Registered: 2016-02-21
Posts: 119
Trades :   

Re: Georg Jensen

Don't you get it, she is 92 years old, yeah mate that's human years

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#6 2016-07-17 06:48:53

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,649
Trades :   228 

Re: Georg Jensen

Don't get involved would be my advice
Any dealer would only give you 50%
If you put it into auction, it will cost you 20% in fees
I wouldn't want to get involved


EXIT STAGE LEFT

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#7 2016-07-17 07:00:53

scrooged
Member
From: Melbs
Registered: 2014-05-06
Posts: 1,227
Trades :   54 

Re: Georg Jensen

BenKenobi wrote:

Don't you get it, she is 92 years old, yeah mate that's human years

I get it.

Your wife's 72 year old Nan purchased a Georg Jensen set in the hope it may appreciate in value over time.

It may have.

If you got it, I doubt eBay would have been your first point of reference.

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#8 2016-07-17 07:03:08

BenKenobi
Member
From: Perth
Registered: 2016-02-21
Posts: 119
Trades :   

Re: Georg Jensen

That's been my feelings all along spanner, I hate being looked to for decisions but her son loves on Bali and is a pretty wet sock, I will have to manage a way to hand ball this one, I sure as hell ain't gonna be the one to give her a heart attack or stroke, bless her cotton socks.

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#9 2016-07-17 07:04:24

BenKenobi
Member
From: Perth
Registered: 2016-02-21
Posts: 119
Trades :   

Re: Georg Jensen

No you don't get it still, NOT 72, bloody 92

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#10 2016-07-17 07:07:54

spannermonkey
Silver Stacker
From: Vic or pissed
Registered: 2010-06-04
Posts: 14,649
Trades :   228 

Re: Georg Jensen

I just spoke to an antique dealer who deals in this kind of stuff
Unfortunately that's not a popular design
You'll only get  $3-$4 a gram
Don't bother weight the knives as they are wax filled

His advice is to
NOT get involved

If your in Melbourne try
Putting into Jensen's on consignment ( if they'll take it )

Or put in into McAndrew Jewellery in little Collins St


EXIT STAGE LEFT

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The following user says thank you for this post: BenKenobi

#11 2016-07-17 07:17:08

scrooged
Member
From: Melbs
Registered: 2014-05-06
Posts: 1,227
Trades :   54 

Re: Georg Jensen

.

Last edited by scrooged (2016-07-17 07:28:30)

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