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Wednesday, June 04, 2008

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Antique Collecting a Great Hobby and a Money Maker

By John Savage

Some antique collectors are motivated simply by a connection to history and or to particular items. Others, however, are also spurred by a desire to make their hobby a revenue source. Many antique collectors find themselves appreciating their pastime even more due to its potential financial benefit.

Antiques, after all, are a great commodity in which to invest. The laws of supply and demand tilt heavily in favor of the antique. One side of the equation, after all, is already solved for the antique collector. Because there is a very limited amount of new discoveries being made, there is no chance for supply to increase. As time passes, in fact, supply of any antique item is guaranteed to decline. Even assuming demand holds steady, prices should increase. In reality, however, demand tends to continue an upward climb, making the value of many antiques escalate at an impressive clip.

The cards definitely do seem to be stacked in favor of the collector! If you can simply acquire a popular item and hold on to it, then you are likely to eventually realize a profit. In the meantime, you will get all of the pleasure and enrichment attendant to owning the antique in question!

Of course, profiting from antiques requires an ability to discern which items will retain their overall demand. For many antique investors, this means finding items that already have strong and distinguished fan bases and loyal followings. Chippendale furniture, Tiffany lamps and other blue chip collectibles tend to consistently grow in value, making them impressive investments.

Those who want to use antiques as something akin to an investment are often best served by selecting already popular items with long traditions and enviable track records. You can profit from heavy investment in a lesser known item, hoping that it eventually becomes more coveted, but this strategy is less steady than selecting antiques that are already universally recognized for their appeal.

These antiques come with a relatively steep price tag and not all collectors are able to secure these items. However, if a name brand antique is beyond your means, does that mean that you cannot profit as a collector?

Fortunately, the answer to that query is definitely no. Those who approach the overall antique market with a well trained brokers eye will find undervalued antiques for sale and will nab them at low prices. They can then turn around and sell these items to others at a profit.

This buy low, sell high strategy does require a certain level of skill, however. One must be sufficiently knowledgeable to recognize a bargain. One must also know where to look for under priced items. The antique trader must also be able to find buyers after securing a bargain purchase. The quick decision making often required when in pursuit of a cheaply priced antique requires that those embarking on this profit making route be well educated about a variety of antiques.

Many hobbyist antique collectors enjoy the challenge of being an antique trader. They enjoy the gaming aspect of searching out bargains at flea markets, garage sales, estate auctions and other locations. They appreciate the challenge of profiting from their keen eye. Even though their gains may be modest and some efforts may fall short, they still enjoy the process and it adds another dimension to their hobby.

Antiques are one of the few hobbies that create an opportunity for profit. Most hobbies can be characterized as money pits. You spend and spend in pursuit of a hobby. It is a revenue stream that inevitably runs away from the hobbyist. Antique collecting, on the other hand, is different. It actually creates a situation in which the hobbyist can profit.

Whether you approach antiques as a blue chip investor or as an aggressive antique trader, you may be able to make antique collecting a financially (as well as personally) rewarding diversion! Thousands of antique collectors have found ways to turn their hobby and passion into a real legitimate moneymaker. It may not be a foolproof investment strategy, but it is a great way to add some extra value to your hobby endeavors

About The Author

john savage has a Blog which shows you 12 simple ways to find and buy Antiques & Collectibles. Click Here to visit.

Tips On antique camp furniture

Don't assume too much about the dealers knowledge from their dress or demeanor. There are veritable Phd's in antiques walking around out there who don't care much about the suit and tie look (maybe that's part of why they chose this profession). Some dealers are very knowledgable about every item they carry, others aren't. Talking with someone a while about the items in their selection will help you determine if they have done the research to know a piece's true value or not.
Buy an antique radios today!

Antique Tools. Along the same lines as kitchen wares, old tools can be an interesting collectible since some of the pieces can be esoteric and intriguing - for instance old hoof cleaners or handles to remove the batteries from Model T automobiles. Free antique price guides available online can help you to determine what to pay for such oddities but they are rarely high dollar items.
Buy silver antique jewelry today!

Look for labels: items should be well labelled as to age, origin and condition. Many good dealers will mention repairs and important features like original paint or finish on the label.
Buy an antique tube radio today!

Cuckoo Clocks. These pendulum clocks strike the hours with chimes and a small model bird that emerges to make a whistling or "cuckoo" sound. They became common in the 18th century as wall clocks and many feature intricate carving and other decorations.
Buy Japanese antique jewelry today!

REPAIRING JOINTS. Furniture joints are usually held together with glue, pegs, wedges, screws, nails, or sometimes a combination of these. They're usually the first thing to fix on a chair or table. This is a good project for a beginner, and it often prevents further significant damage to your furniture. If a piece is broken, you can usually replace it. This is especially true when a dresser drawer guide (also called a glider) is missing; that's one of the most common repairs to antique furniture. Remove the broken piece. If it can be glued back together, do so. With less valuable furnishings, many auction houses use hot glue for this purpose. For other jobs, wood glue and some reinforcements may be necessary. And, in a few cases, you'll use a specialized glue that's correct for the time period of the furniture. If a broken or missing piece cannot be fixed, a local carpenter or woodshop can probably make a replacement piece for you. But, take the broken piece to a home improvement store first; many of them carry standard wooden shapes and sizes that fit popular styles of furniture. To repair loose joints, disassemble the pieces, sand off the old glue, and apply fresh glue. If the parts need to be held in place for hours while they dry, be sure to use a clamp that won't leave a mark on the furniture. Many antiques shops use a special web clamp; this is a smart investment if you expect to repair much furniture. Otherwise, nylon rope or long strips of cotton (about two inches wide) can be tied, tourniquet style, to hold the parts in place while drying.
Buy antique jewelry today!

antique camp furniture News From Around The World

Sized at 7.5M, these vintage high-heeled black shoes are in good condition and have great style. The large fake jewels are all present, and are individually sewn onto the shoes over a metallic, gold leather design. I had the caps on the bottoms of the high heels replaced by a local shoe cobbler.



How Do I Find Values for My Antiques & Collectibles?

When the time comes to think about selling off antiques and collectibles, determining the price to ask can be confusing business. Doing some research before you put an item up...


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