How is the Value of Antique Determined?

An antique is prized for its rarity, artistry and age. Experienced antique collectors have grown accustomed to the basics of determining the value of an item. Moreover, they have the ability to distinguish an authentic item from a reproduction or a fake. For first time antique collectors, the skills of seasoned collectors may not be acquired easily. However, there are common guidelines to assist first time antique collectors.

Check the Manufacturers Markings

As first step, an antique collector should look for the mark or stamp of the manufacturer or designer of the antique. This would determine if the item is authentic or fake. An authentic mark of the manufacturer, when proven by an antique expert, would have considerable effect in the actual value of the antique.

With the help of the internet, a collector can use the net to identify recorded marks and then seek an expert advice to establish its authenticity in the item. Credible online antique appraisers may also provide the needed information by simply forwarding photos and descriptions.

Check the Condition of the Item

Take considerable attention to the condition of the item. An antique that is in good condition will have greater value especially if the collector plans to sell it in the future. An item with complete parts is highly regarded. A cracked or chipped antique is less valuable unless the item is very unique and historical. While some antique’s cracks and chips have significant value to its artistry and age, it is still advisable that a collector search for an antique of his or her interest in good and acceptable condition.

However, some antique collectors can go ahead and buy items that have small defects if these have significant value in their collection. A good antique collector may ask an antique restorer to repair the antique item but extreme caution should be taken here. Not all antique restorers have the right expertise to restore these valuable pieces.

Evaluate its Rarity

Antiques are also cherished for its rarity or uniqueness. Rarity, when used in the context of antiques, refers to the quantity or number that is presently available in the market. A rare antique increases its monetary value regardless of its condition.

Therefore, it is significant to note that not all items which are at least 100 years old will have similar values. The value of any antique item is based on the marketing idea that when the supply is low, the demand for the item increases and so does its monetary value.

Prove its Authenticity

Authenticity is the most widely discussed subject when it comes to antiques. Accurate reproductions of antiques have risen through the years. An inexperienced antique buyer may have extreme difficulty in distinguishing a fake item from the real thing.

There are various sources which may help a first-time buyer to determine the authenticity of an item. If an individual owns an antique piece which belongs to the family heirloom, a provenance, a proof such as a receipt or a photo which will show the history of the item will significantly prove its authenticity.

About the Author: Driscolls Antiques is a leading supplier of quality antiques and antique furniture. Benedict Yossarian is a freelance Internet Marketing Consultant that can help maximize your exposure online.