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It might be the bottom of the graph and the upturn starting.
The New Years Day auction, a small end table sold for $2,000. I bid on it, thinking it would go for about $125 based upon what prices have been all year.
A smallish lady's deck went for $3500.
A mahogany candle stand fetched $450. Nicely done, but it's a wooden candle holder, not sterling silver.
Almost $5,000 for a Lladro porcelain.
Big heavy stuff is still going begging for homes. Hutches, large bedsteads, dining room table sets are still fairly much unwanted.
Persian rug prices were about twice what I expected, but still pretty darn cheap.
Well that's interesting. Especially after all the articles about how no one wants "what their parents had" or antiques of any kind.
Antiques are anything more than 100 years old. That's the industry definition. There's an enormous range of antiques out there. And they are decidedly not equal.
Even at its nadir there was always a market for high quality antiques and good prices. I don't see the prices of fluff crap going up, and certain types of brown furniture have always been unpopular - Victoriana has limited appeal.
I spend a lot of time looking at antiques and I do concur that we're seeing nice prices - but it is also very dependent on the antique in question. Two seemingly identical pieces can go for wildly different sums that is mystifying at first but when you look more closely the more it starts to make sense (quality, veneering in place or not, chips, known cabinetmaker or craftsman versus unknown, provenance, location, and condition itself). There's still plenty of dull solid furniture practically free for the taking.
What does everyone think about what the availability of antiques on the internet is going to be like this year? We have a new tax law so eBay, Paypal, vemo, and all the other places that transfer money for purchases are going to be sending out 1099s once you hit $600 in sales.
I think it will cause many sources to dry up or have a way worse selection. Really who wants to pay an accountant to do your taxes just for selling a few old antiques that have been in the basement/attic for years.
My hobby is baseball cards and have been collecting for over 30 years. Because I have been collecting for so long I have many cards I no longer want. For years I have been selling the stuff I no longer care about to buy new items. It makes it so I have no money out of pocket and can enjoy my hobby. Sadly unless something changes I am probably done or will be buying WAY WAY WAY less than before.
I have also noticed many antique shops have closed down and the buildings are for sale. It should help bring back higher prices and also help the ones that have been able to weather the storm stay open.
I wish Royal Doulton figurines would go back up in price! I only have two and they were left to me by my aunt but they used to be worth a lot. For the sake of beauty I'd like to see pretty dinnerware return to decent prices but the young generation seems to prefer paper plates. They like to just throw everything away and buy more.
What does everyone think about what the availability of antiques on the internet is going to be like this year? We have a new tax law so eBay, Paypal, vemo, and all the other places that transfer money for purchases are going to be sending out 1099s once you hit $600 in sales.
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I understand that's part of the "Build Back Better" bill, which didn't make it through congress.
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