Antique Restoration and Negotiation Strategies

The video transcript details a negotiation process for a Mobil Oil sign, including discussions about its base and pricing. The participants explore various items for sale, negotiating prices and availability. Eventually, they find the base for the sign, finalize the deal, and reflect on the experience as a treasure hunt for unique items.

What was the initial price discussed for the Mobil oil sign and rim?

• $1800

• $1300

• $1500

• $2000

What was the condition of the base that needed to be found?

• Damaged

• Original

• Repaired

• New

What type of item did Jimmy want to keep low?

• Old lathe

• Porcelain sign

• Battery charging station

• Firestone

Which item did Jimmy refuse to sell despite being asked?

• Sunset Boulevard street sign

• Texaco sign

• Miller tires

• Cyprus sign

What was unique about the speed limit sign?

• It had glass reflectors

• It was made of porcelain

• It was a rare color

• It was a new model

What was the price offered for the porcelain speed limit sign?

• $400

• $350

• $300

• $450

What was the main challenge faced when negotiating with Jimmy?

• He was too expensive

• He was indecisive

• He was unwilling to sell

• He was not present

What was the advice given about buying items?

• Consult with others

• Wait for a better price

• Check the market first

• Buy when you see it

What was the final step needed to complete the deal after finding the base?

• Repaint the item

• Cut the rim off

• Negotiate the price

• Find a buyer

What is the overall theme of the video?

• Art collection

• Treasure hunting

• Market analysis

• Antique restoration