Top 10 Tips
for buying antiques. Memorise them and never present yourself
as an amateur.
1. Always ask for discounts .... No
matter where you buy from -- Many professional dealers
will have a code marked somewhere on the item that you're
interested in and this will tell them exactly how low they
can go. Something like X10 or X50 could mean they will discount
up to that figure or go as low as that figure. Use your own
judgment and always ask.
2. Always, always, ask about damage
and/or restoration -- If you don't ask, they don't
need to tell you.
3. Always, always, always, handle
the item -- Get touchy feely....... Pick it up, put
it down, pick it up again. Look at the bottom, the top, the
sides. Look from odd angles and use a magnifier to look close.
Never be afraid to pick anything up in a shop, at an auction,
on a dealers stall or at any other sales event.
It's your money you're spending and you'll only kick yourself
if you miss a flaw, when you look again at home.
4. Never pose as a Trade buyer --
You may lose your consumer protection rights.
5. Never offer Cash... until
you've agreed a price for paying by cheque or credit card.
Once you've got your maximum discount, get your cheque book
or credit card out, then pause and ask if there's any further
discount for cash. You'll never know, if you don't ask.
6. Always get a receipt....
Even if you pay cash -- Make sure your receipt lists the items
age, the material, any damage or restoration and it's value.
7. Look for the odd one out...
The odd ones are usually the best bargains.
Look for items that don't belong, such as ceramics in a jewellers
shop or stall; or bronze in a silver dealers display. More
likely than not the antique dealer or seller will discount
the unsuitable item to move it on.
8. Buy from your local auction
house .... The profit is
here
Get to know your antique marks and your local auction house.
The bargains are there and in all categories. Increase your
knowledge about auction procedures and become an auction bargain
hunter.
Buy from auction houses and markets abroad ...... But know
the local rules before you do.
In the U.K. all valuable items bought from abroad and shipped
into the country must be declared at british customs control
and the receipt produced. If you buy items that are over 100
years old then no UK duty or Value Added Tax is due on the
item. Always make sure the seller or supplier marks the age
on the receipt.
9. Check antique
shops for trade association memberships.... Just in Case
BADA (British Antique Dealers Association),
or LAPADA (London and Provincial Antique
Dealers Association) are just two of many.
Find the one that covers your area and get yourself a greater
degree of security and protection.
10. BEWARE of reproductions, fakes
and forgeries -- They are very good and they are out
there..... (more)
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