Assessing the value of your antiques can be a difficult proposition if you aren’t familiar with the factors that influence their value. Sentimental value needs to be taken out of the equation when trying to get an accurate picture of what your antiques may be worth to a collector. An objective appraisal and consideration of the following factors may give you some idea of the value of antique pieces you own.
These general guidelines outline elements that can make your antiques more valuable:
-Original packaging, items in mint condition, or the presence of a maker’s label
-Proof that an item can be linked with someone of historical importance. This may be a letter or wedding bands or a photograph connecting the person with the piece
-Full sets are more highly valued than single items from a collection. A complete set of antique china would be more valuable than select pieces for example
-Items related to occupations such as antique barber scissors or medical equipment
-Items related to gambling, sex, tobacco, or drugs appeal to a variety of collectors
-Pieces related to significant events such as political campaigns, World Series, or coronations
There are price books published that inform you of antique prices but you may need to know a lot about the antique world to locate the item in the price guides. Do you have a friend who is a collector? Consider asking their advice for leads related to assessing the value of your antiques. Consult antique publications for advertised antiques similar to your own. The Internet is also a vast resource that can be used in the same comparative manner. Visit local antique shops and auctions to look for similar antiques to the ones you are interested in obtaining a value for. Take the time to talk with shop owners and dealers. They can offer valuable information about your collections. After some basic research, you may have an idea of the antiques in your possession that are likely valuable. Send several photographs and a description including the size, history, and condition of your piece to an auction house or gallery. Send a self-addressed stamped envelope along with a request for an estimate of what the antique might bring at auction. A last resort may to arrange for a formal appraisal. Appraisals are typically quite expensive. In metro areas, a professional appraiser may charge $150 per hour.
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