10 Top Tips For Buying Antiques – Sector Definition

Compared to other, going through antique markets can be really difficult to know whether you are getting a great deal or not. History, condition, authenticity, purchase location and age can all have a huge impact to the price you will pay at the end of the deal. Whether you purchase from antique dealers, auction houses, antique fairs or you opt for online antiques, always but always buy pieces that appeal to you directly. Whether you are buying antique pieces as an investment, to sell them or for collection, here are ten useful tips so you can make sure you are making the best possible deal.

• 1.Always ask for discounts – Regardless of where you buy from, always ask for discounts. Many dealers will have a code marked on the item and this will tell them how low they can go with the price. Use your own judgment and do not hesitate to ask.
• 2.Always ask about restoration or damage – Because the dealer’s job is to sell, he certainly would not tell you about any damage or restoration. So, ask. He is not obliged to tell you this if you don’t ask him.
• 3.Always handle the item – Instead you are purchasing from an online antique shop, feel free to touch the item. Make a complete inspection and use a magnifier if needed. Never be afraid to pick anything up at an auction, in a shop or any other sales event.
• 4.Never pose as a trade buyer – In this case you may lose your protection rights as a consumer.
• 5.When buying antiques, never offer cash – Until you have agreed a price for paying by credit card or cheque. Once you have got the maximum discount, get your credit card or chequebook out and ask if there is any discount for cash. You will never know if you do not ask.
• 6.Always get a receipt – No matter you are paying with credit card or cash, always look for a receipt. Make sure the receipt lists the material of the item, the age, any restoration or damage and the value.
• 6.Always get a receipt – No matter you are paying with credit card or cash, always look for a receipt. Make sure the receipt lists the material of the item, the age, any restoration or damage and the value.
• 7.Look for the odd one – Look for pieces that do not belong, like as ceramics in a shop for jewellery, or bronze in silver dealers. More likely the seller or antique dealer will discount the unsuitable item to move it on.
• 8.Buy from your local auction house – Get knowledgeable about your local auction house and antique marks. Get informed about auction procedures and become an auction bargain hunter.
• 9.Check antique shops for membership– Find the one that covers your living place and get yourself a greater degree of protection and security. Just in case.
• 10.Beware of forgeries, fakes and reproductions – There are so damn good and they are all around us.

10 Top Tips For Buying Antiques was last modified: October 19th, 2015 by Goldy Kent

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