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Home & Garden Articles
Antique Price Guides
Thu 19 Jun 2008 - 14:27
Antique Price Guides
By [http://ezinearticles.com/?expert=Todd_Koenig]Todd Koenig
Antique price guides are usually compiled using different methods, sometimes also a combination of different methods, but before you use it as a reliable guide, you have to know how accurate these antique price guides are.
Some antique price guides only refer to prices from any auction results. These guides are not altogether reliable - auctions are not exactly a reliable way of deciding how much an antique worth! Most people who bid at auctions are collectors. To these people, some of the items will be worth a lot more than their market values. If there are rival collectors bidding, the final price is bound to skyrocket. For some of these collectors, one piece of antique might represent the one thing that is missing from a set in their collection. They will pay a lot more than the actual value to be able to complete their collection.
For yet others, it is mere spite - they will know that the item will complete their rival's collection and will bid to raise the price. Yet others will bid because they simply do not know the value and get carried away. So antique price guides that use this method are not very accurate, to say the least. At times, things are sold for values much below their market value, as well - and the antique price guides do not take this into consideration, either. So before you decide in which of all the antique price guides you have you must put your faith, check if the guide tells you how the antiques have been priced. The introduction of any reliable antique price guide will tell you what the basis of the pricing system is.
So once you have decided on the antique price guide for you, you can decide whether you want to sell the old kettle or pot you found at the next garage sale or at an auction where it could make you a bundle.
Of course, one way to step around this problem is to get an expert to appraise it for you. Now, the trouble with that is that when you do call in an expert, unless you do have a priceless antique with you, instead of a rusty old kettle, you will be operating at a real loss - experts do not give their time and effort for free. However, if you do have something, it might be worth a chance.
One way or the other, when you find something in the attic that looks like it ought to be worth a lot, it is only natural to get excited. As long as you check up on it, some way, before getting too excited and organizing an auction, you ought to do fine.
Todd Koenig is an accomplished niche website developer and author.
To learn more about [http://www.restoringantiquesonline.info/antique-price-guides/]antiques, please visit [http://www.restoringantiquesonline.info/]Restoring Antiques Online for
current articles and discussions.
Article Source: http://EzineArticles.com/?expert=Todd_Koenig http://EzineArticles.com/?Antique-Price-Guides&id=1255606
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