How Much Does Repair Or Restoration Effect Value?

April 26, 2014

II recently received a Namiki limited edition seahorse pen described as " gently used " no papers, with wooden box. The box is correct, the pen is also. Unfortunately, there is a small scuff near the edge of the cap, not affecting the design, that can ( if one is looking ) be seen by the naked eye. More significantly, it appears the the end of the pen barrel has been damaged and somewhat poorly repaired. I am wondering how much this would effect the value. Also, do these types of issues fall under the " gently used " category? Your advice would be appreciated.

April 26, 2014

I would safely say that it does significantly affect the value. Although you didn't include pictures, damage to the end of the barrel probably means that it was dropped. On a pen of this caliber, that damage probably signifies $100's in decreased value. I could be exaggerating of course, pictures of the damage will help us give you a more informed opinion. Another option is to seek redress with the seller, if they misrepresented the condition you may be able to rescind the sale.