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Dealing Effectively In Antiques And Vintage Collectibles

By Myrtle Cash

Making the decision to sell an old family heirloom can be difficult but many have no choice if they need the money. Many times the seller has no idea how much an item is worth or how to go about dealing effectively in antiques and vintage collectibles. The first matter of importance is have some idea of the value of the item before you put it on the market.

If you take your item to a local dealer they may not be so forthcoming with information about your piece.This is due to the fact that many have used their knowledge only to find out how much it is worth and what it is and go on to sell the item elsewhere. If you need to use a professional appraiser for your item. They may charge a fee but they are getting paid to tell you all about what you have and its value on the market.

You will not get filthy rich selling your item because many dealers will only give you between 25% and 50% of the value it is actually worth. You should start out with a price that is favorable to you and what you are willing to accept and then negotiate from that point. You will still get a good price for the item though it may not be what you were expecting.

The condition of the item must be taken into consideration as well. If it is damaged in any way this will reduce its overall value. For damaged items do not expect to get full market value. If it is in good condition or near mint you can expect to get a very good price for the piece.

If you are in the business of buying or collecting vintage and antique pieces you must be aware that all dealers are not reputable and may sell you an item that you think is an antique or vintage item, only to find out later after you have the item appraised that it's only a replica of the original. Make sure that who you are dealing with is reputable and has a good track record in the antiques industry. Be as thorough as possible before you buy.

There are things to watch out for in this industry and you must be somewhat knowledgeable about what you are buying or selling and how the process works. Knowledge they say is power and there are resources available for you to consider such as print and online material that will give you what you need before you begin to do business.

When buying or selling be sure that you do business face to face with the dealer. Check their credentials and their track record before you do anything. There are unfortunately many out there who do a disservice to the antiques business and should be avoided at all costs.

When you arm yourself with the knowledge of how to deal effectively in antiques and vintage collectibles you will have more confidence than you would if you went into it blindly. There are many resources available in print and online that you can refer to and learn from. There is a lot of satisfaction in this business and those who have the information they need can do well.

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