There is a piece of art that's up for auction soon. The item was commercially produced and 100 copies were made. It has since been discontinued. In 2006, it was originally sold for $200,000. Right now, a few websites are selling it for $378,000 to $400,000. This maybe an overreach since they have been unsuccessful at selling it so far. The auction's starting bid for the item is $80,000 with a 25% premium. As auctions go, I may go higher than this. But is this a good purchase, especially if I can win it at around $100,000? Even if it doesn't increase in value, it should at least retain its value. I make about $480,000 a year and I have no debt.
Submitted August 05, 2017 at 03:23PM by redkudu1980 http://ift.tt/2whXkDk
