Valuing Antiques: Expert Tips for Accurate Appraisals and Successful Sales

HOW TO VALUATE YOUR ANTIQUES: 4 HELPFUL TIPS

A precise valuation is the first crucial step toward a thorough understanding of your antiques' worth and ensuring you receive optimum returns if you decide to sell them. When determining the value of antique items, whether for resale or selling to other dealers, accuracy in valuations can make all the difference between a successful sale and a subpar outcome.

Let's delve into our 4 top tips for correctly valuing your antiques:

1. Conduct Your Own Research

While it might seem obvious at first glance, finding out how much your treasures are worth requires more than just some quick online searches. Traditional printed books with guide prices have been commonly relied upon in the past, but keeping up-to-date copies can be costly and older editions may no longer reflect current market conditions.

So where do you begin? The answer lies on the internet. Can I value my antique online? Beware of sites offering to take cuts of any profit from your sale for a valuation service. Instead, start browsing auction platforms that display both items currently up for sale and those sold in the past, as prices fluctuate due to market demand.

Social media groups can also be an invaluable resource, filled with enthusiasts who are knowledgeable about specific styles or types. However, be aware that some dealers might use these communities to source cheap deals for themselves. Thus, consider this avenue carefully when seeking information.

The more detled research you conduct on your item, the closer your valuation will be to its true worth and improve your chances of selling it at an appropriate price.

2. Consult Experts

In addition to online resources, free apprsal services are avlable in the industry. Visit local antique stores and ask about specialists who focus on specific types or styles of items. For instance, antique clocks are popular among collectors, so a seasoned enthusiast will be better suited to provide insights into the value based on condition than more general antiques dealers.

3. Manufacturer’s Marks May Increase Value

One piece of advice experts frequently give is to check for manufacturer's or designer's marks. Items stamped with such identifiers often fetch higher prices as they are authenticated by those marks, but you might need to use a magnifying glass to see them. Include these detls in your research and that they may enhance the market value of your item.

4. Refrn from Repring or Restoring

You might be tempted to fix a faulty light or restore an old chest of drawers, believing it would boost the value of an antique. However, such actions could potentially decrease its worth by compromising original features. Items retning their original condition with genuine parts, colors, and other elements are quite rare today. If your piece has these intact, it may be valuable to potential buyers.

Valuing Antiques with The Hoarde

Members of our community have access to an expert team that can provide knowledge in various antique specializations. To become a member of The Hoarde and benefit from this exclusive expertise, contact us now. You will need to furnish information about the types of items you sell as well as detls about your business.

We also offer sister marketplaces, gift vouchers, and highlight businesses worth loving within our network.

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