There are many ways you can not only attract buyers but also increase the value of an antique. As a matter of fact, when it comes to antiques adding money to your pocket, there are three primary ways this can happen.
Popularity Counts
The more popular an antique becomes, the higher the price it can render. For example when certain movies come out that feature pipe-smoking as a popular trend, you will most likely notice higher prices for antique pipes. When the movie about Van Gogh came out, the prices of his paintings went up with the rise in popularity. Knowing what the trends are in terms of what people are interested in at the moment may just fetch you a hefty price for the antique Louis Vuitton luggage you happen to be hanging on to, for example. Keep abreast of the latest news and happenings. Read articles about the latest events happening in society columns and top magazines. This way, you won’t be surprised when you find out that the antique Rolex you thought was junk in your sock drawer is more expensive than the Rolex you just bought.
Price Fluctuations
The price of antiques tends to be affected by market trends. Antiques that used materials that are no longer available today, such as ivory for piano keys or artifacts will fetch a greater price due to the laws of demand and supply. Silver jewelry, for example, made in old fashioned styles that are no longer available today may fetch a truly hefty price tag with the passing of time. An antique becomes more valuable when the material it is made of or the style of craftsmanship is no longer available today, such as antique telephones which are no longer made.
Maintenance Matters
Considered to be a type of art piece, an antique needs to be handled carefully and preserved with a lot of care. Keep in mind that these are items that are almost a century old if not older. The used materials or substances that make up you antique is of great quality and thus, precious and able to withstand the test of time. Increase their value over time by making sure you keep your items in a dust-free, light-free, quiet area in your home, particularly if there are children involved. Investing in a few glass cases or vaults to keep your antiques depending on what they may be, will most likely be a smart move on your part.