How is the Value of Antique Determined?

By Benedict Smythe

An antique is prized for its rarity, artistry and age.
Experienced antique collectors have grown accustomed to the
basics of determining the value of an item. Moreover, they have
the ability to distinguish an authentic item from a reproduction
or a fake. For first time antique collectors, the skills of
seasoned collectors may not be acquired easily. However, there
are common guidelines to assist first time antique collectors.

Check the Manufacturers Markings

As first step, an antique collector should look for the mark or
stamp of the manufacturer or designer of the antique. This would
determine if the item is authentic or fake. An authentic mark of
the manufacturer, when proven by an antique expert, would have
considerable effect in the actual value of the antique.

With the help of the internet, a collector can use the net to
identify recorded marks and then seek an expert advice to
establish its authenticity in the item. Credible online antique
appraisers may also provide the needed information by simply
forwarding photos and descriptions.

Check the Condition of the Item

Take considerable attention to the condition of the item. An
antique that is in good condition will have greater value
especially if the collector plans to sell it in the future. An
item with complete parts is highly regarded. A cracked or
chipped antique is less valuable unless the item is very unique
and historical. While some antique’s cracks and chips have
significant value to its artistry and age, it is still advisable
that a collector search for an antique of his or her interest in
good and acceptable condition.

However, some antique collectors can go ahead and buy items
that have small defects if these have significant value in their
collection. A good antique collector may ask an antique restorer
to repair the antique item but extreme caution should be taken
here. Not all antique restorers have the right expertise to
restore these valuable pieces.

Evaluate its Rarity

Antiques are also cherished for its rarity or uniqueness.
Rarity, when used in the context of antiques, refers to the
quantity or number that is presently available in the market. A
rare antique increases its monetary value regardless of its
condition.

Therefore, it is significant to note that not all items which
are at least 100 years old will have similar values. The value
of any antique item is based on the marketing idea that when the
supply is low, the demand for the item increases and so does its
monetary value.

Prove its Authenticity

Authenticity is the most widely discussed subject when it comes
to antiques. Accurate reproductions of antiques have risen
through the years. An inexperienced antique buyer may have
extreme difficulty in distinguishing a fake item from the real
thing.

There are various sources which may help a first-time buyer to
determine the authenticity of an item. If an individual owns an
antique piece which belongs to the family heirloom, a
provenance, a proof such as a receipt or a photo which will show
the history of the item will significantly prove its
authenticity.

About the Author: Driscolls Antiques is a leading supplier of
quality antiques and antique furniture. Benedict Yossarian is a
freelance Internet Marketing Consultant that can help maximize
your exposure online. http://www.driscollsantiques.co.uk/
http://yossarian.co.uk/

Source: http://www.isnare.com

Permanent Link:
http://www.isnare.com/?aid=286504&ca=Arts+and+Crafts

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