For some the decision to part with a family antique is one of financial necessity. Often, some do not realize the value of the item they are selling. They must first learn how to safely deal in antiques and vintage collectibles and this starts with knowing the estimated value of the piece or pieces you are willing to part with.
If you take your item to a local dealer they may not be so forthcoming with information about your piece.This is due to the fact that many have used their knowledge only to find out how much it is worth and what it is and go on to sell the item elsewhere. If you need to use a professional appraiser for your item. They may charge a fee but they are getting paid to tell you all about what you have and its value on the market.
You will not get filthy rich selling your item because many dealers will only give you between 25% and 50% of the value it is actually worth. You should start out with a price that is favorable to you and what you are willing to accept and then negotiate from that point. You will still get a good price for the item though it may not be what you were expecting.
Notice the condition of the item before you sell it. If it is in poor condition you may not get the full asking price for it or the current market value. Damage to an antique reduces its overall value and makes it harder to sell. You may want to consider restoring the item before you put it on the market.
If you are in the market to buy an antique or vintage collectible you must work with someone who has been in the business a number of years and has a good reputation. Some in the marketplace are unscrupulous and may sell you a bogus item if you are not aware of have no knowledge about what you are doing. Make sure that you check them out before you buy and do your due diligence.
There are many pitfalls to watch out for and you must make certain that you are fairly knowledgeable about what you have and what you want to buy. Knowledge is the key factor. You do not have to be an expert but there are many sources you can use to research a particular antique online. It is not recommended that you buy or sell online.
When you sell or purchase an antique make sure that you conduct the transaction in person with a reputable dealer who has credentials and a proven track record. It is unfortunate that in this business scams do occur but you need to be aware of them.
Buying and selling antiques and vintage collectibles can be an enjoyable business. It is not always filled with horror stories but ones of pleasure and satisfaction. If you do what you need to do to prepare yourself for this marketplace you will have nothing to worry about. Those who have been in the business for sometime may be able to guide you as well.
If you take your item to a local dealer they may not be so forthcoming with information about your piece.This is due to the fact that many have used their knowledge only to find out how much it is worth and what it is and go on to sell the item elsewhere. If you need to use a professional appraiser for your item. They may charge a fee but they are getting paid to tell you all about what you have and its value on the market.
You will not get filthy rich selling your item because many dealers will only give you between 25% and 50% of the value it is actually worth. You should start out with a price that is favorable to you and what you are willing to accept and then negotiate from that point. You will still get a good price for the item though it may not be what you were expecting.
Notice the condition of the item before you sell it. If it is in poor condition you may not get the full asking price for it or the current market value. Damage to an antique reduces its overall value and makes it harder to sell. You may want to consider restoring the item before you put it on the market.
If you are in the market to buy an antique or vintage collectible you must work with someone who has been in the business a number of years and has a good reputation. Some in the marketplace are unscrupulous and may sell you a bogus item if you are not aware of have no knowledge about what you are doing. Make sure that you check them out before you buy and do your due diligence.
There are many pitfalls to watch out for and you must make certain that you are fairly knowledgeable about what you have and what you want to buy. Knowledge is the key factor. You do not have to be an expert but there are many sources you can use to research a particular antique online. It is not recommended that you buy or sell online.
When you sell or purchase an antique make sure that you conduct the transaction in person with a reputable dealer who has credentials and a proven track record. It is unfortunate that in this business scams do occur but you need to be aware of them.
Buying and selling antiques and vintage collectibles can be an enjoyable business. It is not always filled with horror stories but ones of pleasure and satisfaction. If you do what you need to do to prepare yourself for this marketplace you will have nothing to worry about. Those who have been in the business for sometime may be able to guide you as well.
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You can visit the website www.ikollectit.com for more helpful information about Dealing Effectively In Antiques And Vintage Collectibles
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