February 22, 2020 - Antiques, Art and Collectibles
Sometimes we inherited them, some things we picked up along the way, but either way: most of the time these objects are doing nothing for us but collecting dust.
Instead, that old dusty vase at home could be making you money.
Most people don’t know how to value antiques. This absence of knowledge prevents people from taking advantage of this value and selling off their goods to a proper and appreciative home. If you have an antique vase lying around your home and you want to know what to do with it, read on.
We’ll walk you through everything you need to know to get it sold for the right price.
Valuing antiques can be an uncertain and hard to pin down business. In some ways, it can seem a bit arbitrary. That being said, there are a number of resources you can look at to help get a sense of what your home vase may be worth.
The ideal situation would be finding a number of recorded sales for the exact piece that you have in your home. Finding this information and averaging it would provide a fairly solid and sound valuation for your antique vase.
This isn’t always the case, however. It can be hard to find even one recorded sale that matches your item. You’ll likely need to branch out and look at other vases online that are as similar to the one you have at home as possible. Looking through online price guides and databases should help you find similar items and start to gather a rough idea of what your vase might be worth.
Online values can vary depending on a wide variety of factors, so it’s important that you collect information on a large number of sales and average to get an accurate estimated figure. The number you land on will by no means be precise, but it should be at least a ballpark estimate of your vase’s worth.
The number one rule of selling is to not accept a valuation by the person you intend to sell to.
If you do plan to sell your antiques through a dealer, go out of your way to establish a relationship based on trust. Only work with dealers who have absolutely exemplary reputations. Ask friends and family who they’ve worked with before and for their experiences.
Some professional antique dealers may be willing to give you a valuation for your item at a small price. You can then use this valuation to sell your antique vase online on sites such as eBay or Craigslist. That being said, be wary– you will need to prove your trustworthiness to potential buyers in order to land a proper deal. Including as much research and information as possible should help do that.
An antique vase sitting in your home can make a huge difference in your financials. Antiques can be a huge resource that you and your family may not have considered.
Want more information and advice on selling your antiques? Check out our blog for more.
David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.More Articles