road. And really, it's just stuff.
Friends, Romans, countrymen...y'all. Foodies, gardeners, artists and collectors - let's gather together to share and possibly learn a thing or two in the mix.
Monday, October 13, 2008
Whether gathering dust in an attic (or barn in my case) or lovingly placed front and center over the mantle, collectibles and antiques have been just as volatile as the stock market in recent years. The true worth of an antique/collectible is basically whatever you can get someone to pay for it. It's true. Many small dealers have been priced out of the market (moi included). They lament Antiques Roadshow as the major cause - made everyone think that their Mona Lisa print was worth as much as the original - the consensus was because it's old it must be valuable. Tip - remember age isn't the number one criteria in pricing. Condition and rarity are usually paramount and sometimes a red hot market for an item. I bought and sold antiques for about fifteen years before finally getting priced out of the market. Antique malls, flea markets (my personal fav) and even garage sale prices kept creeping up until finally it was no longer profitable to buy and sell. Even the large venues like Round Top and Marburger Farm (where I used to set up) became so pricey I could no longer haul a truck and trailer load down to Texas and still make it worth the cost of inventory, overhead and profit margin. Nevertheless, it is still a huge kick to go to the fleas and shows. I could literally do it every day. So remember, another tip, buy what you love cause you may still be holding onto it many moon's down the