Mar
10
2009

An Antique Or Not - Value Of Antiques


An item’s age does not automatically make it an antique. If this would be the case, then we would all have antique pieces of our own, be it an old dress that hasn’t been worn for the last couple of months, or a car that has been outdated. How do we really tell if we have a unique treasure or just another piece of trash?



There are a number of ways where one can tell whether an item is a real antique or not. People who make a living out of buying and selling antiques are called antique traders. Apart from appraisers, who only identify the value of your piece, traders can tell you how you can make money off a ceramic vase, or furniture made of rosewood, for example. There are also a lot of fake antique traders though, where their goal is just to rip you off, so it’s always best to evaluate a number of prospective candidates before trusting one.



If we don’t have the resources to check if our antique is valuable, there are other ways. Markings, or initials that are embedded on a certain piece of artwork, are very important. Jewelry pieces can also contain designer’s or manufacturer’s mark, which is usually located inside or at the bottom parts of the jewelry. Other antique pieces contain different signatures which can dictate the value. A painting that contains the initials of the original artist are generally more costly, because these marks set them apart from the other paintings, making them extraordinary and more valuable.




Feb
13
2009

The Real Value Of Antiques


Moving out of the house and not sure if a piece of furniture should be included in the garage sale? Then you should consider having that vase appraised. If you don’t have the resources to do it thought, there are actually some ways that can help you judge if your antique is worth a lot.

One of the earliest things that the appraisers ask for is what you plan to do with your antique. The answer to the question will determine the value of the item. Once you have discussed with your appraiser the value of it and its use, the next step is to determine how much that item sells in the market, especially if it’s brand new. Is the antique a collector’s item? Missing pieces generally cost a lot more, since there are many other collectors willing to splurge on that piece of antique.

The third way to predict the value of antiques is the insurance value. Insurance companies would normally determine the price of the antique by using a specific formula that involves the auction value and retail markup. Finally, the tax or estate value is needed especially for antique items being sold. There is also a specific range wherein appraisers base the prices, so prices are uniform even if the antiques come from different auctions. There are certain price guides available, so you can base the value on a standard price range. More often than not, research is key to get the real value of your antiques.




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