Selling While it's Hot!
POSTED May 15, 5:41 PM
 







                                                                    

People tend to think that the collectibles market goes only in one direction as things age and that is up. While it's true that many antiques and collectibles do get more valuable with age, I can assure you it's not always the case. Remember Beanie Babies? How about canning jars? Old Insulators? Right.

Now I know that a few of you out there can point to some obscure items in each of these categories and say hey, I know someone who just sold a $2000.00 Beanie Baby, there are rare exceptions to every rule, but most collectibles cool of after a hot period, that's why timing is one of the most important considerations in the market. Sell it while it's hot! I was with a client today, she's the executrix of an estate, her and her brothers have a sizable US Silver Coin Collection they asked me to either appraise or sell. Either way I'll make money on this transaction whether I appraise it or take it on consignment.
 
My advice to her, don't even bother to have me appraise it, because the market for coins is so hot right now that they will likely bring more money than they could bring in any other market for a long time. What would be the point of me appraising the collection at let's say $5000.00 when the value will drop for sure once this frantic market levels off?

 Do you remember the 1980s when there was a run on Silver and it peaked at about $27.00 per oz?  I can't remember the exact time line, but somewhere around a month after the peak, it was at $3.50 an oz!  Sell it While it's HOT! What happened to all of the people who refused to sell at $27.00 per oz. and said, "well I'll just hold on to it a bit longer, the price is sure to climb"?  Smart people were carrying bags of silver to jewelry stores and other scrap metal liquidators, and walking out grinning. What was the silver really worth? What would have been an accurate appraisal for those items just before and just after the market crashed?

Please don't think I'm advocating selling off Grandma's antique wedding ring for a few quick bucks, but if your in a situation where you HAVE to sell or your precious metals are an investment, don't wait because a hot market can cool off in a day. Got a horde of Gold or a stash of Silver? Call me crazy, most do, but I'd cash that out in a minute because all good things come to an end. Sell it while it's hot.

At Auctionwally.com I have hundreds of articles and appraisals free to view with no sign up required, stop by and say hello.
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Opening Day Report of the Brimfield Antiques Show With Prices
POSTED May 14, 5:55 PM

There is nothing in the antiques world like the opening of the largest show in the US in Brimfield MA.
It's an overload of sensory perception, a carnival of the unusual, a mind boggling plethora diversity, and that's just the people!

Seriously, there are over 5000 dealers that set up over the course of a week. The show runs on Tuesday through Saturday May 13th - 18th this year.  The show comes to Brimfield 3 times a year, May, July, & Sept. and always starts on the 2nd Tuesday of the Month and runs until Saturday. Tents and displays are set up at more than 20 massive farm fields along RT 20 in Brimfield. There are 19 on the official roster, but there are a few renegades as well.

I'm lucky enough to live just 45 minutes from the town of Brimfield, so being an antiques auctioneer, I naturally get to it at least once per season. I usually go as a buyer, not to sell. This year it was fun to cover the event as a blogger, allowing me to view it from another perspective. It was refreshing to cover the event without the concerns of purchasing items and promoting an upcoming auction, which are my usual motives for attending.

I covered 2 fields for this trip and will be going back later on in the week, here are the results of my first visit.

One of the strangest things I've ever seen at Brimfield or anywhere else for that matter, was a Corona.
Upon hitting the first field, (Brimfield Acres North) I saw several hundred people looking straight up in the air at a rainbow around the Sun. I'd never seen one before and it was breathtaking, I'm still rubbing my eyes however. If you think a rainbow around the Sun is strange, the site of a field full of people looking up in the air all at once is even slightly more so!

See kids, antiques are MAGIC!


The state of the antiques market seems to exist in it's own world that operates outside of the normal economy, and here's what I found to be the buzz topics of this show.

  • Most agreed that there was an exceptional amount of very good quality items this year. The reasons given were that,  "high end" is selling, and selling well.
  • Furniture overall is still soft.
  • The opinions on why high quality items were selling well mostly came in two categories. The first is that those with money in this tough economic season are looking to invest in antiques and art. I also heard many old school dealers pronouncing the "death of eBay" at least the antiques part of it and have opined that this is the main reason for the increase in quality items at this year's show.  Many believe that with eBay's new policies confusing and alienating so many, that antiquers are looking once again to market there better items at big shows. Some I talked to said they've seen an increase in quality items at other shows earlier in the year, and the same reasons were given.
  • This year there seemed to be an above average amount of European and Canadian shoppers at the show, no doubt due to the value of those country's currencies versus the US dollar. One woman from London, filled 2 suitcases with $25,000 worth of Sterling Silver from one dealer. Suffice it to say that most of the foreign shoppers are not buying furniture, another kick in the head to the struggling antique furniture market at this show.
  • Art, art, art. People were buying paintings, great US Art Pottery and other Object d'Art  in what seemed like record number.
  • The market for good antique musical instruments appeared to be very strong.
  • Early toy and games dealers were doing well.
  • Anyone with good, unusual smaller items priced right, probably did well at this show.
Items and asking prices.

Here are a few things I found interesting and their asking prices. The dealers contact info appear next to the item if I was given permission to print that.

Wendy & Chuck LaVigna of Stone Cottage Antiques did well and had the following items for sale.
stonecottageantiques.net

A wonderful faded yellow painted primitive foot stool $165

Super pair of Torino mfg Chrome Retro Lamps $375


A large Petit Point of a Biblical? scene. $375
stunning petit point

A dealer from Maine offered one of the nicest spool cabinets I've seen.
Belding Bros. 3 foot tall spool cabinet, $1500
belding bros spool cabinet

George Clark spool cabinet $1495

The Great American Game an early tin Baseball Game by the Hustler Toy co. of Sterling Illinois. $295

There was a companion Football game priced at $295 as well

Antique Slot Machine $1500
antique slot machine

Dennis Carlson Antiques of Moodus CT had a very interesting display which included the following

 A circa 1920s Mr Wood boat model $850

A fully working 3 foot long Railroad Steam Engine circa 1920s - $4250
fully working steam engine circa 1920s

From dealers who did not wish to have contact info published I found.

A Hurdy Gurdy cart fully working at $950
hurdy gurdy cart

An antique motorcycle, (the dealer was not at the booth, and this item did not have a price tag

A miniature hand-made cupboard $475

A White's 4 gallon crock with cobalt blue floral decoration $485

Clark Jr Crock of NY also cobalt blue decorated  $475

An Oak bow-front curio cabinet with applied lions, $1295


What I took away from the show was this.

 
  • Big Antique Shows are back.
  • High end is selling.
  • Art is selling.
  • Smalls are selling if they are unusual.
  • The foreign antiques investment market is aggressive and looking to buy good quality.
  • Sterling and gold, name your price.
  • Coins are selling.
  • Don't talk about gas prices and don't talk about eBay.

Thanks for reading.
AW

For a complete 2008 Brimfield Shows Schedule click here.




 
Upcoming Live Call In Episode of The Auctionwally Show
POSTED May 12, 6:52 PM

Call in Live at 1-646-378-1561

I hope you'll tune into tonight's episode of The Auctionwally Show on Blogtalkradio at 8 pm Eastern Time.

For this live call in show I'll be interviewing antiques expert, Daryle Lambert, founder of the Antique & Collectible Industry's 31 Club, and author of "31 Steps to Your Millions in Antiques & Collectibles" from which the 31 Club was formed. Anyone can call into the show with questions for Daryle and myself. 1-646-378-1561

  • We'll be talking about the best ways to find valuable antiques.
  • Why there's never been a better time to come into the antiques business.
  • How to benefit and learn from years of shortcuts Daryle and I have learned.
  • Where to get started if your a newbie and how to jump start if your business if your a veteran.
If you're not able to listen to the show live, no worry, it will be posted in my archive of back episodes where you can listen to it at your convenience.

Complete Archive of The Auctionwally Show

Daryle Lambert's Web Site

What's it Worth?
My Online Antiques Appraisal Site where all completed  appraisals are free to view!

My Services and Products
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The Return of Rietta Ranch Flea Market in Hubbardston MA
POSTED May 12, 10:54 AM

A crowd swarms around my bud Zach who always brings interesting merch.


Ah, nothing lifts the soul of local antiquers, junkers and flea market entrepreneurs in Central MA like the start of Rietta Ranch. I visited my favorite flea haunt on opening day to visit old friends and see who else would show up to brave the brutal weather. I'd gotten there about 9:30 and it was 39 degrees Fahrenheit, so I know it must have been close to freezing or below when these dealers set up at 6am. That demonstrates some Yankee fortitude if you ask me!

The flea market is in operation on Sunday's only from April to October, get there early (6am) if your going to shop, deals go fast. Get there earlier if your going to sell, good spaces go faster.

Rietta Ranch is the largest longest running outdoor weekly flea market in the Central MA area. It's located in Hubbardston MA on RT 68, you can't miss it, it's the place with the train cars parked on it's crest which you can see from the road, Ronnie the former owner who had planned to use them as concession stands, at least as it was told to me. He just purchased them one day, had them dropped off and everyone said, "what the heck?!" Perhaps a bit eccentric, but so was his original dream of having the flea market there in the first place some 30 years ago, give or take a few years. Look how well that worked out!

Rumor has it that Ron was in California back then and after seeing a flea market out there, brought the idea up north. As is so often the case with many new ideas, he faced resistance and scoffing from people who said it would never work. He started out with a few tables and a couple of dealers. Ron passed on a few years ago, but his legacy has grown every year since he started it and the field can accommodate up to 650 dealers now!
Dealer spaces are a generous size and each space comes with a large table but there's room for additional tables and your vehicle as well. At $25 per spot it's one of the best deals in the business. There are acres and acres of bargains.

Here are a few of the folks I chatted with:


JR Greene is a friend of mine and long time Rietta Vendor, he's also a local Historian, author and expert on the Quabbin Reservoir. JR sells postcards, coins and baseball cards and copies of the 15 books he's written on the Quabbin and local history. If you have any interest in these areas, see the phone# above to contact him.


Derek Drowne also a friend of many years has been selling at Rietta for more than 25 years. Derek is a bookseller who always has the biggest display of books at the market at great prices. This is more than a weekend hobby for him, it's is full time job. I asked him what was selling well and he said Art & Sports books.
I asked him what he was buying, and right now he said he is looking for good current college text books. If you have some book business you'd like to do with him, you can reach him at 978-249-3182


I talked with newbies and others, and everyone seemed to agree that opening day was a good one this year, despite the weather. Those that seem to always have the most luck at this popular flea are the antiques dealers and those that sell used items, but if you have a good quality new product line, you can do well also.

One person I talked to that had such an inventory was Jim who made and sold very nice country style custom furniture. You can reach him at 978-343-8607



There are a lot of empty spaces during the first few weeks, but these acres fill up fast.



Minty looking Telefunken radio, I doubt it was there when I left.


Overall, the attitude and outlook of the dealers was very good on opening day, most of them felt that with the slow economy, people will be looking to stretch dollars by getting bargains on used & antique items. Everyone in the business knows it's always great when you can buy something and sell it down the road for more than you paid for it, something retail outlets can't provide. I know I'm looking forward to hunting the field this year, I hope to see you there!

Details:

Located at 183 Gardner Rd, Hubbardston, MA (RT 68)

Phone# 978-632-0559

Gate opens at 6am
Spaces are $25.00 each
Bring Sun & Wind Protection!
There is a full snack bar and full liquor bar that serves alcohol, (Walmart ain't got that!)
Some indoor spaces
Capacity for 650 vendors
Trash left at spaces will not be tolerated, leave a mess and you won't be welcomed back.
A crowd of thousands.


If your a Rietta Ranch vendor, or a fan of outdoor fleas, you know they're in danger of extinction every year from development & retail competition. Please help us all out by linking to this post.


For more information & directions go to riettafleamarket.com


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What's it Worth? Appraisal for Antique Geisha Doll
POSTED May 11, 7:46 PM

Edward asks:

I have an antique or vintage, incredibly detailed very beautiful Geisha dancer / performer. She is made of various materials, (I believe her face is hand-painted silk), meticulously attired and accessorized with fan, drum, pearl and coral necklaces, reddish gold hat, and white tabi socks -- they fit when they wear their sandals that have a split between the big and other toes. Layered over her elaborate gorgeous kimono is a gauzy painted fabric that ties in a bow in front.

She stands @ 22” H x 10” W. There are no markings I can see.

I found her in an eclectic store on New York's Lower East Side about 25 - 30 years ago.


AW says: Thanks again for your appraisal request. If I've said it once, I've said it a thousand times, when it comes to almost any of figurine, painting or any other type of art that has included in it a human form, look at the eyes. In this case, one needs only to look at the eyes of your doll to know she was painted and crafted by a master. Thanks for sending so many pictures, although I've only used 2 of them here, the others were helpful.


Date range:
1910s-20s

Retail value:
$1800-$2200
(top price)

Wholesale value: $600-$900
(The midrange price you could expect to achieve at a well advertised live auction. The price that is most often realized)

Quick sale value: $400-$500
The price your likely to get if you have to sell your item immediately and your prospective customer is aware of this.

Common trade terminology: Antique Japanese Geisha Doll, Silk Geisha Doll, Hand Painted Geisha Doll

Nicknames or slang terms: N/A

In most cases, I believe it would be beneficial for your to give the prospective buyer a link to this page, and to bookmark it via your favorite bookmarking service.


Care and storage tips: Keep in even temperature and keep dry

To learn about my 100% guaranteed appraisals click here.


Access my online radio show by clicking on the link below.



Categories: antiques , values , dolls
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