Entries from November 2009 ↓
November 28th, 2009 — Antique
There are a variety of different ways that you can collect antiques, and one of the most important considerations in the antique collecting arena is antique pricing. Understanding how antique pricing is figured out is an important part of collecting antiques because it will influence how you purchase antiques and how you sell them or display them in the future. The more that you know and understand about antique pricing, the better off you will be in the grand scheme of things, so consider this information on antique pricing and how it is done.
Before they buy antiques, most people typically browse all kinds of resources including printed antique catalogs. One search on Amazon.com will show you that there are all kinds of different books available on antique pricing and how it is done. If you are curious to understand how antique pricing is determined and compiled, you will need to do some research. Let us go over three different concepts that are used for when it comes to gathering antique pricing information, including the first which is intrinsic value, the second which is current price in the market and the third which is pricing from antique appraisal experts.
First and foremost, all antique items are checked for intrinsic aspects that include condition and rarity. Just like with all economic trades, antique pricing is affected by rarity most of all just like most products are affected by the relationship between supply and demand. The rarer that a particular item is, the more expensive it will generally become as a result. Rarity is really only one side of this coin, however, because there is another element of intrinsic value that goes into determining antique pricing, which is condition, and which is also quite crucial to how an antique will be priced. If there are any chips, cracks or other flaws, the antique pricing can be significantly reduced.
There is another element that goes into determining antique pricing which is the current market value of the antique. These current market prices for antiques come from three different sources which are auction results, guide prices that are observed in shows and stores and prices that are gathered through the surveying of dealers.
Most antique pricing comes as a result of a combination of all three of these things mentioned above. When you use a combination of the three and you average out the results, reliable information can be come by. After you check out the information above, validate your information by speaking with a professional. There are a myriad of antique appraisers out there both online and off that determine the right antique pricing. A good appraiser will let you know about the pricing of your antique, determining whether you have a one in a million priceless treasure or just another trinket.
Photo credits: Anyhoo
Originally posted 2009-07-30 05:52:58. Republished by Blog Post Promoter
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November 19th, 2009 — Antique
People who have been antique shopping for years know that if you are going to go out shopping in search of antiques, then you should absolutely stick to the antique shops that are still true to the business. What this means is that you should be sticking to the antique shops that care about the antiques, rather than simply turning a quick buck for what they feel is a bunch of old junk. You should be enjoying yourself when you go antique shopping, which means avoiding junky flea markets may be a good idea unless you really love a challenge.
You are definitely going to find a challenge when you go antique shopping in a flea market. You will find trash, you will find treasure, but most importantly of all, when you go antique shopping in this manner you will find plenty of fun. High end antiquing may be the way to go when you are a serious antique collector, but if you are into antique shopping for having fun, then toss your stuffy collar out and hit the trashiest, messiest and most disorganized flea markets and see what you can find. After all, antique shopping should be fun, enjoyable and therapeutic above all else, right?
If you are a serious collector and you are going antique shopping, then it would be wise for you to bone up on the things that you are interested in collecting. If you are not well versed in what you are doing when you go antique shopping, then bring a Kovels guide with you so that you do not end up buying something worthless, or passing up something priceless. Going antique shopping should be about enjoying yourself, that is a fact. Going antique shopping should also be about netting the right antiques however. This does not necessarily mean the most priceless, but it does means the ones that mean the most to you and benefit you the best.
There are a wide variety of truly excellent books, guides and resources available that you can bring with you when you go antique shopping. The local library is definitely going to be a good place for you to get the ball rolling. There are a number of excellent reference books for going antique shopping that you can look at if you want a broad range of the types of collectibles and antiques that are available. Specific books on specific antiques will also benefit you if there is a specific type of antiques that you are looking for when you go antique shopping.
Having fun when you go antique shopping is all about buying it when you like it. Buy any random item that you like as long as you have space for it, and as long as you are enjoying yourself in the process. This is what antique shopping is really all about.
Photo Credits: Dia™
Originally posted 2009-07-21 05:14:34. Republished by Blog Post Promoter
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November 19th, 2009 — Antique
If you have ever watched a television show like Antiques Road show, where people find out that their family heirlooms or garage sale finds are really worth a fortune, then you probably have a secret hope that you may have some valuable collectible antiques in your possession as well. It has been common for people to scoop up an item from a tag sale for less than $10, and then find out a few years later that it’s really worth $500, or even $5000. But if you think that you have an item like this, what do you do? Where do you go, how do you have the item appraised, and even more importantly, where do you sell it once you’ve determined its worth?
Up until recently, if you had an antique that you wanted to have appraised or to have sold, then you would visit a local dealer of antiques, or you might even contact an auction company. Then, eBay came along, and they purchased an auction house that is known as Butterfield and Butterfield in the year 1999, and then suddenly people that were buying and selling collectible antiques had a completely new option to consider.
However, as you will know if you have ever auctioned an antique on eBay or if you have ever tried to sell collectible antiques on eBay, you will discover that moving antiques that are perceived to be big-ticket items is not going to be nearly as easy or as profitable as it may have seemed before you got started. Selling antiques through an auction house dealer, similarly, can get rather pricey despite its reliability when you begin to factor in additional considerations such as fees, commission fees, shipping and handling charges and so on. Buying an antique from a dealer or another source can actually be just as expensive along this same line of thinking.
Today, people who are interested in the act of buying or selling collectible antiques, who do not want to rely on the live auction route or the eBay route actually have a number of other options that are available to them. When it comes to buying and selling your collectible antiques, one of the considerations that you can make is that every option offers a different level of reliability, and every option is going to have different prices and costs associated with it. The best thing that you can do is to shop around and find an opportunity that is going to serve your needs without breaking the bank. When you find a method of buying and selling collectible antiques that works well with your expectations and requirements, that is when you can really come to enjoy everything that collectible antiques have to offer you.
Photo Credits: flo21
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