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Sell Your Antiques Before They Grow Roots

18 October 2010

An antiques dealer spends as much time searching for stuff to sell as they do actually selling.  The skill is in acquiring desirable merchandise.  Some merchandise is immediately salable.  Some of it needs a little work. Well, maybe a lot of work.  For twenty five bucks you get a walnut buffet at the local low rent auction house.  The six 1/4 inch holes drilled randomly on the front of an otherwise attractive example of reproduction Sheraton furniture seriously detracts from it’s value.  You’d be surprised what you can do with some shellac sticks and a melting iron.  A little work can lead to the satisfaction of a sale.

Some items are beyond help.   They take root in your stand at the antiques mall and defy all efforts to shift them.  When I first started in business I was very impressed at the auction prices brought by blanket chests.  I managed to find three nice ones.  One of them was shellacked the others were grain painted.  Both were old with good original finish and patina.  They were not exceptional, especially in central Pennsylvania’s Amish country but they were genuine items in acceptable condition.  I had three and sold two.  The third one which was the one I personally liked the best became a fixture in my stand for three years.  I eventually marked it down 50% and it still didn’t sell.  The chest became a gift to my mother who was the only one other than myself who seemed to love it.

Fads Fade

Our buying choices often come from the desire to have the latest hottest item.  When Martha Stewart talked about her Fiesta Ware on television the value of the stuff went through the roof.  Before that it was considered dead common and dealers didn’t give it much of a look.  Some people bought it up as parts of box lots and stuffed it away in barns or garages.  When I got into my first antique mall I was probably the only one who didn’t have a shelf full of the brightly covered stuff.  I never did see much of it get sold.  The trend had already peaked and I suspect much of the inventory is back in the barns.

Timing is everything.  It takes a listening ear and good instincts tempered by experience, which takes time, which is everything.  See the circle here?  There are no college degrees in antique marketing, that I know of.  As time goes on you learn that a good solid niche market with customers who are interested in long term collecting is worth far more than a ride on the popularity roller coaster.  Just ask the sellers of Beanie Babies who missed the window of opportunity on that one.

A Costly Business

Capitalism 101: A price that is more than the traffic will bear is bound to put the brake on sales.  Do I really need to belabor this one?  Sell it for more than you paid for it but slightly less than what the other guy is charging.  Competition is good for the soul.

What trips your personal trigger

Probably your interest in some particular thing is at the root of your going into this business.   For me it was furniture.  As a life-long woodworker and student of the history of design I felt that restoring quality antique furniture would be an interesting way to make a living.  That was where I started in antiques.  It was hard to drum up work in the beginning and as I was spending a lot of time at auctions anyway I accumulated a pile of stuff that was interesting to me and looked like a fair bit of inventory for an antique mall stand with eBay on the side.  before long I was selling on eBay with the mall and furniture restoration on the side.

The greatest discovery I made was that the business was an outlet for my own interests flavored by my own tastes.  Some of my interests were aviation, sailing, militaria, books, prints and engravings, tools and scientific instruments.  Before starting the business I was barely aware of some of the sub categories like Victorian trade cards or Tobacco cards.  These subjects called out to me as I encountered them in shops, flea markets and estate sales.  I bought a little at first and found they sold well.  So I took the cue and bought a lot.  If that sounds like it isn’t rocket science it’s because it’s not.

At the same time I was looking at what others in the market where selling and trying to emulate their success.  Sometimes this worked out but at other times it didn’t.  Usually it didn’t work when I was trying to sell purely on the “copying success” formula with things that I didn’t give a rat’s hind end about.  I tried selling glass but I had no love for it and hated cleaning it and worrying over breakage.  It made little sense for me to bother with it.  My girl friend loved the stuff and she took over that end of the business in my antique mall stands.  She did much better with it and enjoyed the profits.

I guess there is a type of dealer who can simply play the antiques game in a coldly analytical fashion like playing the stock market in tune to a clever algorithm.  That’s not me and it’s not most of the dealers I’ve known.  As you ramble about in search of movable goods if you don’t have a passion for an item don’t waste your time on it.  Love the things you sell as much as the things you collect for yourself.  Send them away to good loving homes long before the roots begin to grow.

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You’re Not Getting Older, You’re Getting Collectable

10 October 2010

Aging creates value in a wide array of commodities.  Sometimes it’s an organic process like in wine, cheese or lasagna on the second day.  Everything has a special value when it’s brand new.  It will never again be as clean and bright, smell so good or make the same crystal clear sounds. Once the original luster of an object begins to fade depreciation sets in at a terrifying pace.    A magic age, defined at one time as 100 years, is reached and the depreciation stops and value can rise once again even though there has been no physical improvement in an object.

The 100 year mark is not as hard and fast a rule as it used to be.  I think this changed when collecting became accessible to the masses with the growth of the middle class.  When I was a kid we repainted or stripped and stained old furniture all the time.  Now we preserve the patina and grumble at anyone who would dare fill a scratch.  Antiques have been manufactured for quite a long time with the judicious application of chains, bricks and even the occasional shotgun.  The secret of the “distressed look” con was let out of the bag when furniture makers by the score started turning the stuff out direct from the shop to the showroom.

The patina distress/factor has always seemed to me to be disingenuous except in cases were an object has genuine historical significance or practical utility.  I can’t relate very well to Chippendale furniture that is better suited to a museum setting than my dining room.  However, I can feel connected to an object that wears it’s age well because it has proven it’s usefulness and is within it’s own field hard to improve own with modern substitutions.

I see this happen in the area of antique tools.  Because I have been a woodcarver and cabinetmaker by trade woodworking tools are best known to me.  I currently work in a modern production facility.  We have some excellent tools powered by all the electrical power we care to use in a day’s time.   They are for the most part very precise and I carry a digital caliper that reads to three decimal places.  But some jobs simply don’t need that kind of hair splitting accuracy.  Chisels and block planes still make their appearance and handle some jobs quickly and with no setup time needed.

I don’t wish to disparage any particular manufacturer of tools.  A lot of the old marques are log since dead anyway.  I have two block planes from the same manufacturer and one is significantly better than the other.  You guessed it the 70 year old model fits my hand like well packed snowball and the blade holds it’s edge longer and resharpens better than the newer one.  The newer model is also made in a foreign land although it bears the name of an old line American corporation.  I guess I could go on a rant over that but i won’t.

My time in antiques reinforced the idea that a tools value is in it’s performance, not it’s name.  A respect for good materials similarly lends itself to the character of quality.  In chisels especially steel is the determining factor of usefulness.  For a while stainless steel was everywhere.  Lot’s of claims were made about edges that would stay sharp for a very long time.  Of course nothing stays new forever and resharpening the stuff is tedious and best done with special (i.e. expensive) equipment.  Give me some good high carbon steel which holds it’s edge well and sharpens like a razor.  I treat my tools with great care so rust is not an issue.

Tools that will work when the power goes out still have their place.  I have a great old miter saw that is sort a monster.  I call it my “cordless radial armstrong” saw.  I don’t actually use it much but occasionally it has it’s uses and can perform in some very remote places.

The most ancient tool I have is an old gimlet.  This item is as simple and uncomplicated a method for making a hole in wood as you can get.  It is a classic antique item.  It shows the wear of many years of use and a wooden handle that has real patina.  The kind of patina that comes from perspiration, skin oil and some quantity of good old dirt.  The gimlet has been buffed and polished over a long period of time to a luster that is genuine and true.  It exemplifies the very best aspects of an historical artifact.  This small work-a-day tool says only what can be read for certain from it’s visual appearance. No lies emanate from it and it always get’s the job done when the workman is willing.

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eBay Free Listings

8 October 2010

eBay needs you!  That seems to be the message.  One would assume that the current state of the economy is not treating eBay any better than it is treating the stock market.  A persistent theme in these economically challenging time is  that all the devaluing of stocks, companies, commodities and the roof over your head creates a “buying opportunity.”  That is true on the basis of one man’s misfortune is another man’s ca-ching!  It is , however, the basis for a viable economic strategy in today’s world.

The latest opportunity in the world of eBay is yet another free listing period, the biggest one ever.  The online auction is beating the bushes for sellers. From September 28, 2010 until January 7, 2011 you can list items for free—no Insertion Fees, regardless of the starting price of the item.  They must be listed Auction-style with no reserve price. The latest promotion has a cap of 100 listings per month and applies to sellers who do not have an eBay Stores subscription.

There is another promotion for fixed price listings: one cent insertion fees.  That one is a shorter period from October 9 to 15.  I might give that a try as my auctions aren’t doing well.  Hopefully we will soon see the ramp up to the holiday shopping season.  Keep your fingers crossed and find some good merchandise.

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Find it, Fix it, Sell It – Your Done

25 September 2010

The antiques business always seemed exceptionally busy.  That was my perception anyway.  I had a schedule that never quit.  The good part was that I could control the pace well enough to keep the activity level bearable.  It helped to find tools to make my time more productive.  Quickly, some of those tools were a computer and printer,  price guides and catalogs,  reference books, a vehicle with good gas mileage and a basement suitable for stuffing like a Christmas goose.

Antiquing is part carefully laid strategy and part getting stuck with a bewildering array of things you may not be able to (a) identify (b) restore or (c) get rid of.  Clearly defined areas of interest go a long way toward establishing a productive business model.  Life is easier when you can confidently separate your eenie’s from your meenies and your mineys from your mo’s.  It is inevitable in the trade that you will often buy a group of items to get a hold of just one gem.  Naturally the gems go to the head of the class. They are either sold in very short order or they  are stored in a place and manner such that they will be rediscovered within your life time.  Think inventory control.

Reach into those musty auction boxes and you will find things that are either worn or broken.  Have a garbage can handy.  Identify each item to establish if it is worth the time and materials to restore.  Be careful with genuinely old items, especially furniture, which gains value from patina. Classic example: wooden benches.  Almost any old wooden bench with six peeling layers of paint and worn edges where the bare wood shows through can be sold in an antiques mall or flea market.  Price it low and move it fast. If you can tighten up wobbly legs that’s probably as much restoration as you will need to do.

Most furniture that is post 1930 is not precious museum quality stuff.  Restore it enough to make it attractive in the shop.  Your primary tool here is Old English furniture polish and a rag.  A badly crazed shellac fish can be re-amalgamated with a careful aplication of denatured alcohol.  Throw on a wax finish and you are good to go.  It does great on old oak desks that get surplussed out of old schools and goverment buildings.

Find some handy instructions on the technique and practice on an old piece of waterfall furniture.  Your first effort will not be spectacular but for the right price it will still sell for more than the five bucks you gave for at it a garage sale.  A handy source of materials, tools and general supplies is Thomasnet.com. You probably won’t need a fork lift or titanium sheet but they can guide you to companies with almost anything you need in finishes, solvents, tools, etc.  Their listings under varnishes give 220 results.  There is a ton of information much of which is on a larger scale than you need but keep in mind that even a small shop now a days has requirements for workplace safety and sound environmental practices.

Modern collectibles often do not fall into the patina equals value zeitgeist.  Barbies and Star Wars action figures are best presented as new, even better if they are still in the original box or packaging. Certain niches lend themselves to a lot of tinkering and repair such as model railroading.  Trains have a lot of small parts and electric motors.  there is a marketplace devoted to model trains old and new.  Those Lionel and Marx trains-in-a-basket that surface in estate sales are like a goldmine. If you have the skills to put a deader into running condition or even just reattach all the wheels floating loose in the bottom of the box then your time can indeed become money.

The best part of antiquing is the discovery of buried treasure.  Arghh! We be pirates here.  So look lively and keep a weather eye out for more booty. Once you’ve found it, identified it, and fixed it up it’s time to either keep it as your own or get rid of it.  Either way a little bit more of the world gets sorted out and maybe a little jingle goes into your pocket as well as your step.

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Antiques Between the Pages and Beyond

21 September 2010

When the going gets tough the tough go to the library or the book store.  This has been my motto since childhood.  I was the kid who at the back of the school bus who was called variously Four Eyes, Professor or Book Worm.  I did not like the former.  The second one was acceptable but the latter was a point of pride.  I am an unapologetic reader and lover of books.  This part of my personality directed a portion of my antiques business.

People often say “it’s nothing personal, it’s just business.  However, for me business is personal.  My personality and interests drive me in any business I am involved in.  I love wood and have been a professional woodcarver, I am currently a cabinetmaker.  I worked as a courier for a medical laboratory for 20 years mostly because I love being on the road day after day.  The best part of being a paralegal which I hated because I couldn’t set my moral convictions aside was the opportunity to spend time in law libraries.

The digital age seems to threaten the printing press and bindery.  It may be that paper itself will become a forgotten artifact.   Maybe, I still haven’t seen the paperless office that used to be a sort of techie mantra.  A cashless society won’t surprise me but paper will hang around a little longer.  It is undeniable that print publishing is going to go through more than it’s fair share of changes.  But then it always has.

Format Follows Function

A glossy high quality specialty magazine or coffee table book has little resemblance to a parchment or papyrus manuscript of antiquity.  At bottom they perform the same function.   The sound that emerges from our mouths becomes a part of the past in the instant of being spoken.  it becomes Intangible but still virtual.  It’s preservation occurs not by speaking but by hearing.  Communicating with the written word developed because it froze the virtual and made it actual, able to be understood consistently by all who beheld it.  Well, that’s the theory.  Wars have been fought, fair ladies have been won,  divorces have begun, both evil and good men have risen and fallen,  fortunes won and lost all because of a few words on a document or in a book.  For a prime example read Barbara Tuchman’s The Zimmerman telegram.

Publication has gone from simple scraps of paper to leather bound volumes to slick color covers in perfect bindings.  The various ways of bringing together a collection of pages has served every ages technologies and material resources.  The rate of distribution took a quantum leap courtesy of Mr. Gutenberg.  Lithography brought us into the graphics age.  Offset printing and photography just blew out all the stops.  It’s been a long road to get to the point where ink is not something that can spill and make a mess on your desk.  Ink is just another electronic idea.  Comic books or quantum mechanics, all have spun from analog to digital expression.

This Place in Time

Our chronological vantage point is advantageous to observers of history.  I appreciate the new technologies but still get a warm feeling when I hold a fat volume with calf binding.  Marbled endpapers are high art as are good quality engravings.  Once upon a time people appreciated the craftsmanship in good bindings.  I am not an expert in antiquarian books but I delighted in buying and selling them.  Books also fit my model of niche marketing.  Specialty subjects proved surprisingly profitable. I lucked into a couple of books on slide rules by Isaac Asimov.  They have great collectible value and if you find them in a boxed assortment at a flea market you are sure to get them for next to nothing.  Operations manuals for vintage aircraft have a lively trade amongst people who can afford to pay premium prices.

Of course everyone knows about the high value of first editions.  As a result you usual find them at inflated prices.  The only one I found memorable was in a box lot of children’s books I almost gave away.  It was a first edit ion Dr. Seuss, Cat In The Hat.  It went on eBay for $400.00.  Condition is vital in well known titles but I found that to be less true of books with an esoteric subject matter.  In some cases the content is as collectible as the paper and ink.  Historical data is a commodity unto itself.

Art and books have a long standing relation.  Pre-twentieth century books often have wonderful maps and engravings that are more valuable when separated from the book.  Because of this we have the practice of book-breaking.  Destroying a great old book just to get the prints out to sell individually is a terrible practice.

Books have always been my friends.  They are good company and are always well behaved.  The libraries I have known and the booksellers I have haunted are another subject which I will cover the next time I sit down to share my digitized thoughts with you.

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Vintage Postcards Transport The Viewer To Another Time

17 September 2010

Here is your trivia word for the day: Deltiology, the study and collection of postcards .  Not that it is trivial to the millions of post card collectors all over the world.  Haunt enough auctions buying up odd box lots and you are sure to end up with a collection of old postcards.  Do not take them lightly.  When they arrived on the scene in the 1860’s they were a rather utilitarian item.  They provided a cheap means of communicating a short, informal, message.  Think, the Twitter of the letter writing era.  Later on they became a virtual art and photography publishing medium.  Post cards became collectible in short order and the variety of images gave them an appeal to people with a wide variety of interests.

My favorite postcards have always been the transportation scenes, especially aircraft, ships and trains.  The amount of available material for collecting is unbelievable.  The early real photo postcards form an illustrated history that often includes events or vehicles not well recorded in books.

Cards featuring aviation related subjects may have photos of aviation pioneers or rare experimental aircraft that have become lost to history.

Back when eBay was in full swing in time to a vigorous economy they were a good source of regular sales in the $10.00 to $20.00 range with occasional “oh wow!” surprise bidding wars.  One of the beauties of postcards is that you often get duplications in lots purchased.  On those occasions I kept one copy for my personal collection and sold the other.  It can be a hobby that pays for itself.

Trains are another universal favorite.  They suited early photographers because they were good still subjects.  Quite a few early cards featured train wrecks.

Later on when cameras got better at stopping motion trains were often captured moving through dramatic scenery.   The railroad companies found postcards to be a handy advertising medium.  As a result a lot of railroad history is preserved for both scholars and railfans.

The hunt for old postcards is fun because so many people saved the cards informally. You find them in desk drawers and pigeonholes, in shoe boxes and coffee cans. They appear to have been the number one bookmark of all time.  They often come as part of a stack of paper items perhaps meant to be scrapbook material. You can find some good old advertising items, trade cards, tobacco cards, or small engravings.

It seems like printed cards of all types become handy items to trade.  Barter and baseball cards is practically a rite of passage for American children.  The value of post cards varies widely, naturally, the older the better. Condition counts a lot. It’s not unusual to have messages written on the front of early cards as the postal regulations reserved the back of the card for addresses only.  Tears and bends are what really downgrade a card.

When I started selling collectibles postcards came on to my radar screen along with vintage photographs.  They go hand-in-hand.  So much history was preserved at the same time that it was made accessible to the public.  We take that aspect for granted in the internet age.  At the time postcards were invented America was a largely rural society.  Radio was largely theoretical and the modern marvel of the day in personal transportation was the bicycle; another worthy topic for a post card collection.  You have the advantage to explore a century and more of our world unfolding before you in a handy format that is very user friendly.  Hitch a ride on history and be transported.

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Where is eBay Going?

8 September 2010

I was an eBay seller near the beginning.  I saw it go from a kind of curiosity that fed the popular press with stories of unusual and bizarre items for sale to a a wide open and profitable collectibles marketplace.  Some strange articles offered for sale included a U.S. Navy F/A-18A Hornet jet fighter, a man’s kidney, and Britney Spears’ chewed gum (note the past tense).  At it’s peak a seller could make something like a living wage.  I used it in conjunction with several stands in antique malls and occasional consulting jobs for antiques dealers who were anxious to get a piece of the ebay pie.  Today I can’t help but wonder what has happened to the pie.

The simple answer is, to borrow a political catch-phrase, “It’s the economy, stupid.”  The same economy that has wreaked havoc with everything from blue chip stokes to hog futures has brought us an eBay that seems to be winding down.  In the last two weeks I have sold only one thing and the buyer has not answered his email or paid what he owes.  So the item will wait until such time as the funds arrive.

In conversations with other users I have heard a generally critical tone aimed at eBay itself.  I don’t think that eBay has endeared itself to sellers over the years.  rising fees and more restrictive rules have chased some people away.  Personally I was irked way back when they added the Buy It Now feature.  The auction fever aspect of eBay was part of what  gave me unexpected chunks of cash.  I had no idea what that JFK campaign poster I sold back in 1997 was worth.  I paid two bucks and there seemed llike plenty of gravy left over.  There were JFK poster reprints all over the auction site but none like mine.  By the second day the poster was up to $50.  It top out at $200.  That kind of thing was not unusual but it hasn’t happened to me in a long while.

Once upon a time I used a simple formula to estimate my sales total for the week.  It was simply 10 times the number of auctions listed.  If I listed 30 items I would sell $300.  No science was involved, no analytics or deep thought.  It was what I observed when I first started.  It held for about four years, better around the Christmas season.  There were big dips when Clinton jumped on Microsoft with both feet,  The dotcom “bubble” burst, and when a beautiful morning in September was ruined as airplanes crashed into the heart of America.

Lately eBay seems to be making some efforts to improve the situation with such things as free listing periods.  I guess they have figured out that they  are not a store with their own inventory.  It is the many individual sellers who bring the goods to market.  Furthermore it is the people who know antiques and collectibles that bring the unique and desirable items that make this market exciting.  One more electronic gizmo starting at 99 cents with an overcharge on shipping is not thrilling.  Even if it’s a bargain it is a dead common bargain.  The thrill is in finding something that you don’t see every day or that you can’t by within a days driving distance of home.

Let’s face it there is a lot less loose change in the average American’s pocket in the present day.   Inevitably eBay will scale down.  It looks like it already has.  The company I work for has become leaner and probably yours has too.  Let’s hope our favorite auction site leans itself down to a vigorous marketplace with exciting merchandise that will continue to be worth our time. and effort.

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Professional Writing Services Can Work For You!

26 August 2010

If you are interested in well written content for your blog or web site check out  Professional Writing Services on Casino Online Thumbtack. I am open to a wide variety of writing assignments. Contact me and tell me what you need.

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Coffee Tables as Collectibles, Ecclecticism Is Good For Business

20 August 2010

We think of  antiquing as being all about old stuff.   Mostly it is but there is also a process of evolution.  Everything new becomes old.  A trip to any antique mall will show you artifacts of our culture over a large span of time.  Some dealers resist this, others give themselves up to it eagerly.

I used to have a stand at Meadowview Antiques on route 322 in Campbelltown, Pennsylvania.  At the time they had two buildings full of dealer’s I was in the old milking barn.  It had a lot of rustic charm and an interesting group of  characters making some portion of their living dealing in a wide variety of antiques and collectibles.  The sales approaches and marketing niches varied widely.  Once you leave behind the old notion of “antiques” as museum pieces for the home you open up a lot of possibilities.  The “collectibles” dealer doesn’t mind reselling items that are virtually new as long as the demand is there in the market place. It seemed like the younger dealers often had a more open attitude to what they would sell.

Joe Plebani was one of the younger dealers in the barn.  He was very laid back, a skateboarder and aficionado of  the Plymouth Barracuda.  His stand was an eclectic mix of items that at first blush might seem out of place in anything styling itself as an antiques market.  Among the comic books, postsers, action figures and assorted elements of popular culture you could usually find furniture items far removed from the worlds of Chippendale and Sheraton.  Much of it was Online Pokies rescued from the garbage man or hunted down at garage sales and lower end auction houses.

A regular feature of his inventory was old lamps usually from the fifties, sixties, and seventies.  He would have everything from wierd abstract art floor lamps, and elegant plug in chandeliers to ceramic panthers with the avocado green shade that graced many a middle class living room one upon a time.  Joe had an eye for retro when retro was just becoming cool.  He was riding the wave and enjoying every moment.  I admired his courage.  To sell things that are patently unlovely takes guts or incredible good luck.

Joe’s furniture items were unlikely to include mahogany china cabinets and buffets.  A more likely item would be the time-honored icon of American decorative arts – the coffee table.  And, not just the standard round coffee table but also the classic kidney shaped “Judy Jetson” bleached mahogany model.  I’ve known people to fight pretty hard for these at auction.  For those who are not enamored of wood he was likely to have a glass top dining table just for a change of pace.

In the beginning my own stand ran more to walnut china cabinets and the like.  The furniture was definitely more pricey.   That began to change as I learned what the tourists were taking back to New jersey with them.  In business being a little hungry is educational.  I learned as much from young Joe as I did from some of the old-timers.  Know your niche markets from the inside out and don’t underestimate the value of popular culture.

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Wow! Free Auction Listings on eBay Once Again

18 August 2010

I almost missed this one.  My eBay auctions had done so poorly lately that I decided to concentrate on other areas of my life that needed time and energy.  I needed some information that I thought might be on “My eBay”.  I had a group of messages that were going unread.  They included a notice that there would be free auction listings from August 3 to September 7.

This kind of blows me away.  It’s very generous of eBay and very surprising given that they have already had free listings at Memorial day and Independence Day.  It leaves me wondering what motivated them to do this. Maybe I shouldn’t look a gift auction in the mouth.  Get out there and take advantage of the opportunity.  There’s nothing to lose and money to gain.

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