Abacus
Antique Dealers: The Importance Of Revaluation
For Forgotten Antiques
All
collectors of antiques will have got valuations for
them when they bought them but just as important is
getting revaluations for those antiques that have
been with you for some time. The same goes with people
who don’t collect antiques as such but rather
have items within their homes that are either of sentimental
value or have been passed from family to family with
the option of one day selling for a profit.
The
value of antiques can and often does change rapidly
throughout the course of time, most often for the
better but in some very rare cases the value can go
down. If you are a seller then it is essential that
you have the latest valuations on any pieces in your
stock especially if the valuations would go in your
favour.
Before
getting your pieces re-valued you should of course
make sure that they are seen in the best light possible,
this means giving them the once over checking for
any markings, scratches or similar that may have arisen
over the time you have had the antique in your possession
and of course cleaning them where necessary.
All
of this can greatly affect the valuation that you
are given for the piece and so of course the profit
that you will make for it. You should follow the specific
guidelines of the item in question when it comes to
the cleaning methods used and of course if you are
in any doubt at all then consult a professional cleaner/restorer.
It
is not only those who are selling antiques that should
get revaluations, those who are thinking of buying
a specialist and very costly piece should get an independent
evaluation of the item before the purchase is completed.
Depending
on the type of antique in question there are specialists
who you are able to consult for the valuation, if
your subject is art for instance then a chartered
arts and antiques specialist will be able to give
you the best evaluation or revaluation. Doing it this
way you can be sure that you getting an impartial
and professional quote and this is essential particularly
when it comes to making a sound investment or getting
what you truly deserve for the antique.
If
you are buying or selling at an auction house then
getting a professional opinion is of the utmost importance,
as auction houses deal with people all around the
world through the internet and antiques will bring
in more and are more respected if are backed by a
specialist. When it comes to selling fine art and
antiques at auction then ensure that the actual auctioneer
is a member of the Royal Institution of Charted Surveyors,
this means they will have very strict codes of conduct
within the auction and of course this is in both the
best interests of the buyer and the seller.
The
basics to remember are always have get more than one
revaluation, go with a specialist in your particular
field of antiques for advice and if you are bidding
on an item then ask for an estimate of the items worth
before bidding begins and bear this in mind.
