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Archive for December 24th, 2008

How to Determine the Value of Your Antique Collectibles

Wednesday, December 24th, 2008

Antiques are prized for their rarity, artistry, age and uniqueness. Most collectors who have gained enough experience in this field are familiar with the basics of establishing the value of an item. Although the skills of talented collectors can’t be acquired that easy, nowadays there are many guidelines meant to assist first time antique collectors.

Collectors who are interested in determining the value of antiques should first of all look for the mark of the manufacturer of the antique. Thus, they can see if the antiques are authentic or fake. In case the antique values are authentic, the value of the antique is definitely higher. Nowadays, collectors can use the internet in order to identify the recorded marks and then they can resort to an expert to establish the authenticity of the item.

Some reputable online appraisers might also offer the necessary information simply by looking at photos and their descriptions of the item, while others prefer looking at the item before they give their professional opinion. Another step in establishing the value of antiques is looking carefully at the
condition of the item. Antiques that are sold in a good condition will have a higher value than deteriorated antiques. Items which are complete are highly appreciated by collectors.

Also, the value of antiques which are chipped or cracked is less valuable, exceptions being those that are historical or unique. Although it is said that antique values are established according to their age and artistry, most collectors look for antiques that are in an acceptable condition. However, there are some collectors who purchase items with small defects, as long as their value is significant.

Professional antique collectors may resort to an antique restorer in order to repair the item, but they
should be careful when they do that. Not all restorers have the necessary expertise in order to restore valuable antiques. Next, antique values are also determined for their rarity and uniqueness. In the context of antiques, rarity refers to the number or the quantity of items that can be found on the market. Rare antiques will definitely increase the monetary value irrespective of their condition. Another important factor in determining antiques value is the provenance of the item. Find out where the piece comes from in order to know its value.

For this reason, it is important to keep in mind that not all antiques of at least 50 years old have the
same value. The value of antiques is based on the marketing idea that the demand for the item increases together with its monetary value. The most frequent debate when it comes to antiques is the one regarding authenticity. Throughout the years there have been accurate reproductions of valuable antiques and inexperienced buyers might find it difficult to distinguish a fake from the real thing.

Because of these, today there are several sources meant to help first-time buyers determine the
authenticity of an antique. However, we suggest resorting to professionals if you are willing to spend a significant amount of money on an antique. Specialists will give you an unbiased verdict and you with their help you will be able to avoid special offers and prices that are too good to be true. Do not hurry into buying an antique if you are not sure of its origin. Take your time and wait for an advised opinion!