Top Tips for Buying and Selling Antiques
Dealing in antiques and collectables can be a lucrative business, but the good news is that you don’t have to be an actual antique dealer to get started with buying and selling antiques. There are many people who work full time jobs and spend their weekends trawling online sales, browsing through flea markets for valuable finds, and visiting auction houses to see what’s on offer.
Buying Antiques and Collectables Online
Hunting for bargains online is a great way to find great pieces for resale and many people use second-hand market places in order to find treasure. However, you’ll need to do your due diligence first to ensure that what you’re buying is actually what’s pictured. Be sure to take a careful look at the photos and be sure to get in contact with the seller and ask questions if you aren’t satisfied with the information provided. Ask the following:
- Are there any notable issues with the condition of the piece
- Check for the tell-tale signs that the piece is a reproduction or a fake
Also be sure to double-check on the seller’s return policy and look at similar listings if the price seems too good to be true.
Selling Antiques and Collectables
If you’re getting started with selling antiques and collectables online, it’s important that you start with the right approach right off the bat. Be sure to have a keyword-rich title which is sure the catch the eye of potential buyers and do plenty of research – just as you would with real money online pokies – regarding the items before putting them online. Take detailed photos of an excellent quality and provide as much information as possible to prevent going back and forth via email with any potential buyers. Get the items valued by a reputable dealer ahead of putting the item online and never guess what you think the item may be worth – you could unknowingly be sitting on a goldmine!
Flea Market Finds
While you’ll likely have to go into proper treasure-hunting mode in order to find something of value at a flea market, doesn’t mean that it’s not worth the effort. The most important skill you’ll need in your arsenal though – besides a keen eye of course – is the power to negotiate the price. Flea market vendors are typically prepared to negotiate and collectors at antique shows won’t be offended as long as you make a decent offer. Jumble sales or home contents auctions are also a treasure trove of pieces at a decent price as the aim is to liquidate the items as quickly as possible.
Antiquing on a Budget
Saving money should always be at a forefront of any collectors mind and a good rule of thumb to go by is to shop early and to shop late. The selection in the morning will allow you to pick up choice pieces before they get snagged and shopping late will allow you more power to negotiate as the seller will likely be keen to get rid of the last few pieces.