Sunday, January 30, 2011

Tips For Buying Antiques & Collectibles

If you're like me and love shopping thrift stores, flea markets and garage sales, you need this information.  You might even want to make a list and keep it with you while treasure hunting.  Be sure to leave room on your list to add your discoveries as you go.
  • Don't  buy a vase with a hole in the bottom.  A vase that has been drilled for a lamp, even if the hole for the wiring is original, is worth 30% to 50% less than the same vase without a hole.
  • Refinished Mission furniture is worth 10% to 25% less than furniture with the original finish.
  • Do not have old monograms or engraving removed from silver.  It lowers the value.  Unusual inscriptions about events or prizes add to the value.
  • Don't repair old metal toys.  It lowers the value by as much as 75%.
  • A rug with  good fringe could be worth $1,500; without a border, the same rug could be worth only $100.
  • Broken silver or gold pieces have meltdown dollar value.  Take a piece to a reputable local jeweler.  Don't mail it to an unknown advertiser promising cash for gold.  That's like mailing dollar bills to a stranger.
  • The signature of a maker on a piece of jewelry adds 30% to the value.  Look at the pin shank, pin back, and catch for the signature.  Costume jewelry by name designers like Coro, Trifari, Chanel and Haskell you'll want to keep a lookout for.  As well as carved plastic jewelry.
  • Don't wash ivory.  The yellow color is preferred and white ivory sells for a much lower price.
  • Do not wash or restyle the hair on an old doll.  Dolls with original hair and hair-do bring the most money.
  • A signature adds 25% to the value of cut glass.
  • Don't try to restore old Christmas ornaments.  A little damage and wear add to the charm of old ornaments.  It indicates an antique that has seen many holidays of use.
  • If you buy an Art Deco bronze-and-ivory figure, be very careful to examine the ivory.  Slight cracks or damage lowers the price.



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