Collecting antiques is a hobby that is shared by many. Hit shows like Pawn Stars and Antiques Roadshow have brought the world of antiquing to life for millions of people. The old phrase that one man’s trash could be another man’s treasure is definitely true when it comes to real collecting, and many people may be surprised to find out how much certain things they have are actually worth to hardcore collectors. Each person may be interested in collecting different things such as old lunchboxes, dolls, coins, and even guns. No two collectors find the same items as valuable as the other, so it’s always a game of chance. Some people may think that old, discarded item lying around the house or sitting up in the attic is worthless, while others might think that exact same thing is absolutely priceless. As a buyer or a seller, it is important to know about the true value of items and how rare they actually are. Before you make a major purchase or before you assume Aunt Susie’s vase is worth millions, you should have a firm understanding of collectibles and antiques.
If you are planning on selling an item you think might be valuable, it is definitely a good idea to get the item appraised first. For a small fee, an appraiser can decide if the item is authentic, help determine the age of the item, and give you an estimated value of what the item is worth at auction or at a sale. If you find out that your item is worth a lot of money, it may be wise to get your item insured against theft or damage. As a buyer of antiques, you should be educated about what you are buying beforehand, so that you do not end up buying a fake or an item that is not 100% authentic. Do your homework, and remember that once you make a purchase, you more than likely cannot return it later on. Be prepared to spend a lot of time asking questions about items you’re interested in, so that you are getting the full story and the big picture of what you’re paying for. Whether you are a buyer or a seller, remember to have fun and enjoy the experience.
- ACC – Home website of the Association of Collecting Clubs.
- Dating Globes – This page gives an overview for determining how old a globe is, which can help to determine its worth.
- Selling Antique Furniture – Here is some insight on determining when or if it’s time to sell that antique furniture you have sitting around.
- Antiques & Fine Art – The premier magazine for buyers and sellers of antiques and fine art.
- Treasure or Trash? – 10 Ways to tell the difference between worthless and priceless.
- Appraising Antiques – This article stresses the importance of looking for collectability over antiquity.
- The Best Ways to Sell Your Stuff – Consumer Reports helps you decide if a yard sale, consignment shop, or auction is your best bet.
- Kovels – The premier source for finding information on your antiques.
- Trunks and Treasures – A price guide for antique and collectible trunks.
Whether you’re in the market for a rare musical instrument, a piece of fine art, or just something fun to decorate the house with, understanding the value of these items is essential in making sure you do not waste your money. For sellers, it is important to know what your valuables are worth in today’s market. Remember that the market for antiques fluctuates just like with gold and silver, and the demand for certain things will increase and decrease depending on a number of circumstances. No matter what you decide to do, buying and selling collectibles is a fun hobby that can also lead to big profits.