Saturday 30 March 2013

How Antiques are Valued

Often buyers and sellers of antiques are not sure if what they are buying or selling is priced correctly. Here is a quick guideline to make sure that the item you are buying or selling is priced correctly.

  1. A good place to start is deciding whether the antique piece is a common or rare antique. The rare vintage pieces will sell for a much higher price than common goods. 
  2. The condition of a piece weighs heavy on the value of an object and can decrease the value substantially if it is not in a good condition. 
  3. If the piece was not good condition but has been salvaged and restored well, it may cost a lot. If it is in bad condition, go to an expert for assistance and they will give you advice on repairs and value. 
  4. Believe it or not, even antiques are under the pressure of global markets. Demand has a huge impact on these goods. Keep a look out for demands and trends worldwide and try find the best time to market your antique so you can get the best price. 
  5. Look for a manufacturer's or designer's mark. This is usually a signature or initials or even a symbol that the makers put on the item to ensure that it can be categorized as authentic. This gives the piece a much higher value than a piece not marked as it may be a copy. Another way to establish whether the antique is authentic or not is to use black light testing. This uses UV-A lighting in a dark room on an object which will light up in different colours depending on which materials were used to make the item. For example, modern paint will light up under fluorescent light and it is much easier to see touch ups and repairs. This is the same for textiles, glass and porcelain. You can bring your antique goods to us at Strand Trading Post and we will assist you in dating and valuing your vintage goods. 























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