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WS107 How to Buy Watches and Clocks at a Flea Market Lesson Plan

 

Introduction

  • Meet the Instructor
  • Instructor’s background
  • Materials to be covered

How to find a flea market

  • Types of flea markets
  • When and where
  • Resources for finding flea markets
  • Is this the place to search?
  • Antique shows and how they differ from flea markets

Marts and how they work

  • What is a mart?
  • Where to find the best marts
  • Early entry and is it worth it?

What am I looking at?

  • Is this something I want?
  • Is it right?

                   a) Is the quality there?
                   b) Is it in good condition?
                   c) Do all the parts belong together?
                   d) Is the value for cost good?

  • Will this enhance my collection?
  • Will I regret buying this?

Price and price structure

  • Does the price seem fair?
  • Does it meet my criteria?

                   a) Is it within my budget?
                   b) Does it reflect current market value?
                             i) Overvalued?
                             ii) Undervalued?

  • Should I bargain over the price?
                       a) How to approach the question of a discount
                       b) Offer, counteroffer

 Flea market etiquette

  • Attitude is everything
  • Developing a working relationship with the vendor
  • Do's and don’ts of buying at a flea market
  • Will the vendor hold an item?

Review of reference material

  • Current books on flea markets
  • Price guides: useful or not?
  • Other reference material.

 Summary of materials covered

 Questions about the day’s discussion


For additional information contact Ted Brachfeld at the NAWCC School of Horology: 717-684-8261, ext. 216.

Last Updated:  April 20, 2007

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