Show Us Your OVERCOATS

[Dinerman]

The coat on the left recently sold for £20,400. The one on the right is one I sold last winter for less than a 100th of that.
http://www.dailymail.co.uk/femail/a...dinary-bout-bidding-fever-sweeps-auction.html
http://vintagehaberdashers.com/2012/05/23/1930s1940s-lapinlece-timme-tuft-stadium-coat-overcoat/

 

[Worf]

Errrr... did you say "20,400 pounds sterling?" Yeah that's what I though you said... Man am I in the WRONG business!

Worf

 

[Tomasso]

What a couple of morons....

 

[Chowderhouse]

What a couple of morons....

It's a fair bet that those two bidders know each other, hate each other, and like to hurt each other. For some reason, the coat auction was the fuse which lit them that day. Each man's goal was not to win the coat, but to make his rival win it -- at the highest cost possible. In other words, a game of 'chicken', except that the loser is the one who jumps out last.


In short, the unlucky winning bidder is the true loser. The other guy is laughing his hind off, because his pocketbook is 100% intact.

 

[herringbonekid]

...and the coat didn't even belong to a famous previous owner ? that's insane.

 

[Chowderhouse]

It could have been a soup can, for all they cared. The coat was a means, not an end. My hunch is that one guy placed the first bid in the hope that his 'enemy' would make a counter bid. The 'enemy' certainly did, and that's when they began to play the game of chicken.


By the way, this happens on eBay too.

 

[ButteMT61]

Awe, sour grapes fellas??? lol
Dopey, just dopey...

 

[Chowderhouse]

Awe, sour grapes fellas??? lol
Dopey, just dopey...

The second-highest bidder got a cheap thrill out of it. Cheap for him, expensive for his rival. He probably thinks the game was a good investment.

 

[ButteMT61]

The second-highest bidder got a cheap thrill out of it. Cheap for him, expensive for his rival. He probably thinks the game was a good investment.

Oh those wacky 1%'ers... lol

 

[Dinerman]

 

[Dinerman]

 

[Two Types]

The £20,000 moth-eaten 'Teddy Bear' coat is crazy! There was an almost perfect version for sale by 'Savvy Row' earlier this year. They had it priced at about £250, but couldn't find a buyer for months.

 

[Dinerman]

 

[Dinerman]

 

[splintercellsz]

You have some amazing overcoats, Dinerman!

If you don't mind me asking, what kind of stand are they being displayed on?

 

[Dinerman]

It's an old torso mannequin I found at an antique shop in Halifax.
Something similar, but with a lot more abs, can be found here:
http://www.mannequinhub.com/hanging-male-torso-with-steel-base-en.html

 

[splintercellsz]

Way cool! Thank you much!

 

[Dinerman]

Here's what mine properly looks like.

 

[splintercellsz]

I like it! I really need to invest in one to take better photos of the things I aquire!

 

[Gin&Tonics]

Just acquired this little beauty today and I absolutely love it! It's got panache to spare, it's toasty warm, lots of inside pockets, very very nice finishing details inside and out, and I got it brand new for only $174! The material is 80% wool, 20% nylon, presumably for water shedding properties, but you'd swear it was Harris Tweed to touch it. I especially love the black velvet contrast collar.