10 Ways to Determine Antiques Value Before Purchase
The value of antiques, fine art, or collectibles is determined by what someone is willing to pay. An auction is a good place to find that out. How should you decide if something is worth buying? Here are the criteria that many auction experts believe you should use in order to determine the value of antiques before purchase.
1. Authenticity- is it real?
Antiques add a little element of mystique to an interior. The problem is how do you know if the pieces you have are authentic antiques? You might be bragging about your latest antique find or posting an ad for authentic chinaware for sale only to find out it’s not a true antique.
Replicas are everywhere and a good one would be somehow valuable, but still far away from the original value.
2. Condition- what shape is it in?
Antiques might be old, but the way they have been kept, restored, transported etc. are a determiner of their price and validity. At the end, who needs an indistinguishable broken plate, even though it might be produced since 1830?
3. Rarity – How many others are there?
You know how it works, “If everybody has it, I don’t want it!” The bigger the number of copies in the market, the cheapest the price and their value as well. Since they might be replaced very easily.
4. Provenance is used to Determine Antique Value
Who owned it before? Does it have a traceable history?
Provenance is the history of the ownership and transmission of an object. In the art world, provenance includes the auction houses, dealers, or galleries that have sold an item, the private or institutional collections in which the item has been held, and exhibitions where the item has been displayed.
Verbal history can be interesting, but there should also be old photographs of the item in the family collection, bills of sale, and other documentation that can prove the statements are true.
5. Historical significance
Was it there when something important happened?
The more important the period when the item was created, the higher the value that they hold. As a displaying piece of history, these items are used as living proofs of what happened during a time.
Bigger isn’t always better. Can you move, display, or wear it conveniently?
Size isn’t exactly used to Determine Antique Value because after all, it must be even practical, maneuverable and easily suitable.
An oil painting is worth more than a drawing, which is worth more than a print.
8. Subject matter
What is it a picture of? Some scenes are just more pleasing than others. Despite the value of the object, it must be attractive to the eye of the possible buyers, in order to be chosen instead of others.
Collecting has trends, just like women’s clothing and the stock market.
Just like we have new collections every changing season when it comes to clothes, the same thing works with antiques too. In different periods there are New – Old collections, based on the trend of the moment.
Where does it rank towards being the best of its kind?
Quality is used to Determine Antiques Value while purchasing. Some experts look more at a high style and upper crust design when deeming an object to be antique. They see antiques as “masterpieces” of design and of only the highest quality.
The higher the quality of the object, the higher the value.