DH and I love estate sales,auctions, flea markets and garage sales. We actually started attending all of the above way back when when we had next to zero money and certainly no extra bucks for movies, plays or anything else that cost $$$s to attend. So we hit up the places that cost nothing to get into and turned out to be so informative and fun. We learned a lot about art, jewelry, furniture, collectibles, etc.
Fast forward, we now have a few bucks, still go, have bought jewelry and small collectibles for fabulous prices. Auctions especially are great places to find terrific prices. I have bought box lots of jewelry and have come across some fabulous treasures. Costume jewelry that is now worth substantial money (most notably Haskell and Carnegie) and two Imperial Gold bracelets.
Many years ago we went to an auction which featured Chanel suits and bags and Judith Lieber handbags (all beaded evening bags, none of her day bags). We were able to look at everything prior to the auction starting. I was particularly interested in the Chanel suits - all gorgeous. I studied the buttons (the CCs have to overlap in a particular way), I studied the seams, the lables, the chains along the hemlines of the jackets to weight them to stay in place, etc. Everything sold out at fairly high prices, we bought nothing, but enjoyed the auction.
A couple of years later I was in a second hand store with my husband and I came across what I thought was an original Chanel suit from the 1950s. I bought it for $50.00. Last August we were celebrating a big anniversary in a pretty high end restaraunt in Manhattan (we now can afford to do that!) and I was wearing the suit. A woman came up to me and offered me thousands of $$$s for said suit - yes it was Chanel from the 50's! Score! I didn't sell it, won't sell it, but am grateful for my auction education.
Now, for the really funny part of all of this; we recently went to another Chanel/Lieber auction and a woman was looking at a Chanel suit and a beaded Lieber bag in the preview. She said to her friend that she thought they looked great together. My husband, (the burly biker, man's man) looked at her and said, "m'am,everyone knows you can't wear a Chanel day suit with a Judith Lieber evening bag." I almost peed my pants laughing! He shot me darts and said, "well you know you can't!" So true! See what we can all learn from auctions and estate sales!!! LOL.