Sunday, September 13, 2009

10 ways to determine value

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The value of antiques, fine art, or collectibles is determined by what someone is willing to pay. An auction is a good place to find that out. How should you decide if something is worth buying? Here are the criteria that many auction experts believe you should use.

* Authenticity – Is it real?
* Condition – What shape is it in?
* Rarity – How many others there?
* Provenance – Who owned it before? Does it have a traceable history?
* Historical significance – Was it there when something important happened?
* Size – Bigger isn’t always better. Can you move, display, or wear it conveniently?
* Medium – An oil painting is worth more than a drawing, which is worth more than a print.
* Subject matter – What is it a picture of? Some scenes are just more pleasing than others.
* Fashion – Collecting has trends, just like women’s clothing and the stock market.
* Quality – Where does it rank towards being “the best of its kind”?


All the best,


Timben

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