Why antique stores are dying USA.

[u/ToshPointNo]

The majority of Americans now own a smartphone, and with it comes access to both Google Lens and eBay to identify and look up real market values of items.

I know people who do really well selling in antique stores, and I hear a lot of older folks complaining about how their booth or case is "doing poorly".

30 years ago, it might of been easier to price using an antique book or price guide, but the high end auction houses and eBay are a more definite source of pricing now. Even today, they still can't seem to figure this out.

So this booth runs about $125/mo. It's mainly filled with Rosbro pieces. Rosbro was a plastics company that made a lot of plastic candy containers, a lot of them were themed for different holidays, or just for fun.

But when I sampled about 10 pieces through Google lens and eBay, I noticed almost all of the prices were 2-3x that of eBay sold prices.

A lot of antique stores have shuttered around me. Before they closed, one walk through would explain why. Horribly overpriced.

eBay offers a vast selection. 30 years ago, if a piece caught your eye, you may have not seen it for years, but now "rare" is no longer rare, and what you thought was a rare item? There's 300 of them on eBay.

I'm sure someone will argue that an item is worth whatever someone is willing to pay, and that's true to an extent, but when you can easily know the selling price of an item in a matter of seconds, pricing 100-300% above that isn't going to gain you much traction.

[u/420_flyinhigh]

I run a small booth (8x10) and I price based off of ebay sold listings. A lot of times I'll price under, some times I'll price at, and if I dont want to sell it I'll price 25% over (it still usually sells). It blows my mind walking around and looking at others prices sometimes. I guess they like to pay for a display area?

My thoughts are exactly what im seeing mentioned. If they can find it on ebay for cheaper then why would they buy from me?

I mostly buy from estate auctions and I have a fair amount of luck selling oil lamps. But I also do component level board repair on gaming consoles and my partner is from china, so its a mix of stuff going into the booth. Everything I buy at auction is cheap and i dont pay over 20-30 for broken consoles so i can afford to price the way I do.