Key Mistakes to Avoid When Choosing Antiques
There is no doubt that people need to have a certain eye when they are choosing antiques to add to their collection. Get this wrong and they can end up in a situation in which they have hugely overpaid for something that is simply not going to fetch the value that they thought it would initially or might depreciate quickly in value. As well as the correct things to do when you are choosing antiques, there are also many mistakes that you should be avoiding at the same time. With this in mind, here are a few of the top errors to sidestep when choosing antiques.
Not Having Enough Knowledge
If you do not have a great deal of knowledge about antiques in the first place, you are going to make more mistakes – you will simply not be able to pick up on the signs of either an amazing find, a bad choice or even a fake. Therefore, you need to have a good knowledge of understanding how to value antiques. There are plenty of guides out there that can help you out on this front, but it is also going to be useful to learn from other collectors as they will be able to tell you about any potential mistakes that you are making along the way, and you can also ask them direct questions, which can prove to be highly useful.
Failing to Inspect for Any Damage
It also needs to be the case that you are inspecting for any damage that you see in the items. This can tell you a lot in terms of whether they are being valued correctly in the first place. It could also be the case that people are trying to cover up this damage to begin with, which means that they are trying to pass something off which is simply not as valuable as it could otherwise be if it was intact. There are going to be some people in the business without a moral compass, and you need to be able to put yourself in a situation in which you are not falling for what they are doing. In the end if you think something is too damaged, walk away. You do need to remember though that antiques are old and some wear and tear should be expected – they will not be pristine.
Failing to Get the Right Price
Antiques should be valued in a highly specific manner, but it is often the case that you are going to be able to haggle with the seller to drive the price down. You certainly do not want to overpay if you are able to help it. At the same time, there is also no point in offending the seller and potentially causing the deal to go south. With this in mind, if you have done your research to begin with, it is much more likely that you will know exactly the price you can go to and how far you are able to drive this down.
All of these are amongst the mistakes that can end up making all the difference when you are picking out antiques.