Selling Antiques at Auction - Every Antique Is Unique in Some Way

All auction houses will offer a free verbal valuation ofA good idea is to send photos of the object (or
antique items when it comes to selling at auction.objects) to several sales rooms for an indication of
When evaluating an item, the condition, color,value. If there are a substantial number of items or a
desirability and age can all contribute to the value.collection, most will visit the premises housing the
There are no absolutes! Each antique is different initems.
some way from every other, and therefore valuesBefore choosing a sales room to handle the sale it's
vary. Being able to accurately describe antique itemsimportant to obtain a summary of the charges. This
using the best terminology could uncover their realcould include commission rates, insurance costs,
value.handling charges and catalogue illustration charges.
Reference books that explain universally used tradeThe sales room is obliged to present an accurate and
terms, and price guides to antiques and collectiblesfair description of each item listed in the sales
can be important during the pre sales evaluationcatalogue along with an estimate of value. The
process.auction should also be announced to the public in
Once a decision is made to proceed with an auctionrelevant local and trade papers.
sale it's up to the auctioneer to get the best possibleWhen items are sold the speed with which payment
price. The auctioneer receives a commission based onis made to the seller depends upon how quickly the
the final sale price, so the higher the sale price thesales room receives payment from the buyer,
more commission earned by the auctioneer.however expect to wait between two and four
The best auction house to appoint to sell is oftenweeks.
dictated by the object and its value. The largerSelling antiques at auction can prove to be an
auction rooms are generally not interested inexhilarating and rewarding experience. It's important
household goods, and as a rule do not entertain theto realize the fact that a successful sale can never
idea of selling anything with a value less than $1,000.be guaranteed.