News

23287 readers

4012 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago

MODERATORS

[email protected]

270

Vase woman buys for $3.99 at Virginia thrift shop sells for more than $100,000 (www.theguardian.com)

submitted 11 months ago by [email protected] to c/[email protected]

33 comments fedilink hide all child comments

A woman who bought a glass vase for $3.99 at a local Goodwill charity shop has seen the piece auctioned off for more than $100,000 after it turned out to be a rare and valuable piece of Italian glassware.

Jessica Vincent had bought the item at a Goodwill thrift store in Hanover county, Virginia, and had an inkling that it might have been worth a little more than was usual, she told the New York Times.

“I had a sense that it might be a $1,000 or $2,000 piece, but I had no clue how good it actually was until I did a little bit more research,” she told the paper after noticing a small ‘M’ on its bottom which she suspected might stand for Murano, an Italian island near Venice famed for glasswork.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 11 months ago (3 children)

Serious question: how is this pricing model different from speculative value as it applies to real estate or stocks?

[–] [email protected] 4 points 11 months ago

Potentially, the labor and skill involved in the production. While speculation does play a part, so does the rarity, difficulty of production, & skill needed in the creation of the art. You may argue whether that justifies the price, but at least there is labor and material evidence, while stocks and property don't necessarily need any real evidence of value to be valued, especially in our current economic climate.

load more comments (2 replies)