We’ve all been ripped off. And if by some chance you haven’t been, your time is coming! The keys to safe, fun, and affordable antiquing comes down to research, experience, and asking antique dealers the right questions. So what are those questions? First, let me briefly address research and experience. Read more
How much is your collectible or antique worth? If you’re a seller, what price should you assign to an item? If you’re a buyer, how do you know you’re getting a fair deal? Instead of schlepping your items to an appraiser, consider an online valuation service.
Such services typically offer DIY research tools and estimates by professional appraisers and other experts in areas ranging from sports memorabilia and books, to Native American art and even classic cars. It’s important to note, these services offer valuations, not authentications. However, for the purpose of helping buyers and sellers determine a fair price, such services can be very helpful.
When it comes to negotiating the asking price of an antique, most dealers expect it. Now that’s not to say that every dealer likes it; but again, they expect it. In fact, most dealers have already accounted for what they’re willing to let go in a negotiation by adding extra margin into their asking price.
Keep in mind, however, there are dealers who will not negotiate. Some may attractively price their wares to sell from the start, while others just don’t like to haggle. If you go to enough shows, you’ll quickly learn which dealers have a reputation for sticking to their prices. Knowing this going in, you won’t get caught off guard when they don’t budge on price.