How To Choose the Right Type of
Antique
Antique collecting encompasses virtually every type of item
from virtually every era in history. Choosing an area within
the large field of antiques upon which to focus a collection
can be a daunting task. There are so many options; it can be
difficult to decide what type of antique best suits you as a
collector.
If your primary interest in antique collecting is financial
in nature, you will take a different perspective on
decisionmaking than will someone who feels a strong personal
affinity for a certain type of antique or time period.
Those whose primary interest in the antique field is based on
the likelihood of profit will be less concerned with intangible
benefits and will focus their attention on the bottom line.
Those who enter than antique field with significant
resources at their disposal and who are seeking antique
purchases that will serve as a form of investment will probably
want to deal primarily with recognizable “name brand”
collectibles that already have a strong following.
These coveted items are generally expense purchases but have
a readymade audience of interested buyers when one determines
the time is right to liquidate. Examples of these “blue chip”
antiques include Chippendale furniture, Tiffany
lamps and other immediately recognizable antiques. These highly
coveted antiques tend to increase in value consistently and are
unlikely to experience major value setbacks. The admiring “fan
base” of these antiques is strong and continues to grow, making
them a relatively safe investment purchase.
Those interested in pursuing antiques for financial gain who
are not interested or able to invest larger sums in coveted
items may instead opt to pursue the antiques field with a
“broker’s eye.” Instead of focusing on acquisition of
particular antiques, attention will instead be paid to finding
undervalued items in the marketplace that can be quickly turned
into financial winners.
Those who take this “buy low, sell high” perspective will
often comb smaller antique markets, swap meets, garage sales,
classified advertisement leads and flea markets in pursuit of
sellers who are undervaluing their antiquities. They are
prepared to act quickly and have often developed a solid
network of potential buyers to contact after acquiring the
antiques.
This strategy can create significant financial gains.
However, it requires a sharp eye and an expansive understanding
of the antiques market to do this successfully over time. In
order to find the undervalued items, after all, one must be
able to recognize the item and know its market value. Since
efforts may not be directed toward a particular niche, the
“trader” must have a solid understanding of many antique
types.
Some collectors will be more interested in having an
enjoyable and personally enriching hobby. Although the
potential for financial gain may still be a consideration,
their attention is more likely to be placed upon collecting
items that have a strong personal appeal or significance.
Many people feel a strong connection to particular types of
items. Those whose work is in a specialized field, for
instance, may have a great interest in related items through
history. Those who hail from a certain area may be interested
in antiques reflecting that area’s history and tendencies.
Others may be drawn to certain areas of the antique world for
reasons they don’t fully understand but still recognize!
Those who do not consider money the key aspect of their
hobby are advised to choose a niche that is very appealing to
them. They should appreciate the antiques in their niche, the
history of the artifacts, the culture and time period that led
to their creation and other related factors.
By choosing a subject area in which one is strongly
interested, the likelihood of maximizing the hobby’s enjoyment
is increased. The research that accompanies antiquing, for
instance, becomes a truly enjoyable experience rather than an
annoying chore. Those who choose their niche wisely gain a
great deal of satisfaction from acquiring desired pieces and
searching them out.
Whether you are interested in obtaining antiques for the
purpose of investment and resale or are more interested in
developing a longterm personally enrichingdiversion, antique
collecting can be a perfect hobby. No matter what one’s
objectives, collecting provides a means by which they can be
reached.
Critical to the enjoyment of antique collection, however, is
choosing the right niche in which to collect. This decision
should be made after a careful examination of one’s collecting
goals and personal interests. A good decision should create a
wonderful pastime that can last a lifetime!
YOU can decide what is precious to you and that is the real
worth.
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