💰The Benjamin Franklin terracotta plaque is a rare and valuable historical object.
📉Despite the seller's high expectations, the market value of the plaque is much lower.
🔎Proper research and expert opinions are crucial in determining the value of collectible items.
💼Negotiating skills are important when selling collectibles to ensure a fair price.
🤝The seller eventually accepts an offer of $1,400 for the plaque.
What is a Benjamin Franklin terracotta plaque?
—A Benjamin Franklin terracotta plaque is a medallion created by artist Jean-Baptiste Nini, depicting Benjamin Franklin, an important figure in the American Revolution.
What is the historical significance of the plaque?
—The plaque represents the period when Benjamin Franklin signed the agreement with France, which played a crucial role in turning the tide of the war.
What is the market value of a Benjamin Franklin terracotta plaque?
—The market value of a Benjamin Franklin terracotta plaque is typically around $1,500 to $2,000.
Why did the seller think the plaque was worth $10,000?
—The seller overestimated the value of the plaque, possibly due to sentimental attachment or lack of knowledge about current market prices.
Did the seller get the desired price for the plaque?
—No, the seller ended up accepting an offer of $1,400 for the plaque.
00:00A seller approaches an expert with a Benjamin Franklin terracotta plaque, hoping to sell it for $10,000.
02:56The expert identifies the plaque as a rare and historically significant object made by artist Jean-Baptiste Nini and estimates its market value to be around $1,500 to $2,000.
03:59The seller negotiates with the expert but eventually accepts an offer of $1,400 for the plaque.
04:36The deal is made, and the seller plans to use the money to pay off student loans and buy new tires for their truck.
