There are loads
of venues available for selling antiques, including online
internet auctions, local auction houses, newspaper classified
ads, antique dealers, antique fairs, etc, etc.
However,
there is only one way not to sell your antiques
and collectables. DO NOT SELL
unless you know what you are selling.
You must also make sure that you keep an open mind when it
comes to what you can sell and how you might be able to sell
it. Remember; no-one makes a
profit by sitting on their backside.
Selling Antiques at your local auction house
Is probably the most popular way to sell antiques and collectables
and selling your possessions through a professional auctioneer
is usually an easy and often rewarding experience, with expert
advisors on hand to assess the value of your objects and explain
the auction process to you in more detail.
The internet has had a massive impact on
the auction house
market. Mainly by allowing private buyers and collectors to
easily research a broad base of suppliers without having to
travel or invest in printed catalogues.
Auctioneers have also arranged for catalogues
to be viewed on their web sites and are allowing users to
freely browse, search, download and print auction catalogues
(free of charge) prior to viewing or sale days. Catalogues
are also published on major internet portals including the
antiques trade gazette and invaluable.
Good auction houses that invested in internet
technology have a very strong internet presence and operate
forward thinking policies with continuous investment and improvement.
They makes sure that your lots are viewed by the largest number
of local, national and international buyers, and ensure they
achieve the highest sales price possible.
The downside in selling through a reputable
auction house are the fees you have to pay and you should
make sure you are fully aware of all the charges being applied
before you submit your items.
You should also check with the auctioneer
whether the type of item you are selling, has sold in the
past and what final price it is likely to achieve.
There's no guarantee your item will sell in an auction but
you will want to limit the risk of a no-sale or a very low
price sale as much as possible. Auctioneers offer a reserve
price service, but the terms can vary from auctioneer to auctioneer
and you should check individual auction houses for their specific
reserve price terms.
Remember - There's no use placing
your antique painting with an auctioneer who normally only sells
second hand white goods, modern toys and the occasional car..........
more on selling antiques
at auction
Selling Antiques at Collectors
Fairs is another excellent venue and there are plenty of them around
the country.
The
most popular for buying antiques are probably the largest, such
as Newark, and Swinderby in Lincolnshire and Malvern or Ardingley.
However, they may not be the best place to try to sell;
a) because you will have to pay to enter and
b) the trader may not have a great deal of time.
For selling and especially if you have only a small quantity of
items try selling direct to a local market trader.
Initially; visit and browse your
local antiques fair and try to find a stand that is selling items
similar to yours. Make sure you get there early, before the trader
is too busy to talk to you. Then approach them and ask them if they
would be interested in buying. Show and then let them handle your
item and ask them for a good price.
Their first price will probably not be their best so be prepared
to negotiate and make sure you have researched your item and know
what its approximate worth is depending on the condition its in.
If you don't manage to sell at the first stand, re-pack your treasure
and go on to the next suitable stall. 
If you have a larger quantity of items to sell then consider booking
a stand of your own at a local antiques fair.
You should contact fair organisers who will be able to tell you
the procedure for their particular event and make sure you do so
as early as possible as there may be a waiting list.
Check - the antiques
fairs page for dates.
Be prepared to pay a deposit or in some cases the full amount may
need to be paid up-front if competition for spaces is fierce.
If possible try to secure a place close to another stall selling
similar items as this will attract more collectors to that area.
Ensure you present your items in the best way and visit the venue
first to check other sellers stands and how they are presented;
take photos if you can and price your items with a discount structure
in mind.
If you are simply selling in order to reduce clutter then under-cutting
the competition is fine; but if you want to do it on a regular basis
and are buying stock to sell on, then a knowing your costs and having
a good, easily remembered, discount structure is essential.
Every potential buyer will ask for
a discount and you should know to the penny, how low you can go
without losing money.
Selling
antiques at a boot, garage or yard sale - can be fun and quite profitable
too. Car boot sales are held in a wide variety of venues, usually
fields, school playgrounds or car parks.
They may be advertised on the internet, in the classified columns
of certain magazines, local papers, or simply by notices pinned
up in your local area. Similar ads can be placed for garage or yard
sales or simply place a board outside in the drive.
Organisation is key to a good boot sale and even more so for a
profitable yard or garage sale. Items need to be clean and well
presented and each item priced up separately. Be prepared for hagglers
and ensure you know what you are selling. A little knowledge goes
a long way and even more if you know the items personal history.
Collectors and dealers love yard sales and will travel miles if
there is the chance of finding rare items, so make sure any advert
you place includes an indication of what you have to sell.
Ten top tips for a successful boot sale.
-
What to sell - You can sell almost
anything at a boot sale but keep things simple and stick to
smalls. Antique pottery and porcelain, figures, vases, antiquarian
books and victorian jewellery are all easy to pack, store, transport
and for the buyer to take away. Large pieces of furniture pose
transportation problems for seller and buyer and only the dedicated
buyer will be looking. Appeal to the mass market by sticking
to smaller items.
-
Plan & prepare - Planning
and preparation is the key to successful selling. Calculate
what you can fit in the car and then what you will be taking.
Organise it and price it a day or more before the sale. Make
sure you are fuelled up and ready to go and make sure you have
a good nights rest
-
Price your goods - Price things
clearly with sticky labels. Other dealers will rummage in your
boot while your unpacking and its better to know prices instantly
rather than dither about. This can be an opportunity to sell
a large proprotion of your stock even before the proper sale
starts. In addition the bout sale buyer likes to have a place
to start from when deciding to haggle; so give it to them and
make sure you know how low you can go.
-
Pack & packing - Pack everything
in bubble wrap within well organised boxes. Old fruit boxes
are ideal and are readily available from your local supermarket.
Fragile china and glass need to be unpacked as carefully as
they need to be packed so have plenty of old newspaper handy.
Old towels or blankets are ideal wrapping pictures, prints and
mirrors. In addition; make sure you take plenty of extra packing
and loads of old carrier bags for your customers to carry away
their purchases.
-
Loose change - Take plenty of
it and keep it safely in a bum belt or money bag for safety.
There's nothing worse than losing a sale because you can't change
the second twenty you've been handed.
-
Presentation & Comfort -
Make sure you have a sturdy table, preferably a folding table,
to display your goods on. Remember to allow space in the car
for the table. If possible rest it on top of everything else
as it shoud be the last thing in and the first thing out. And
take a chair, preferably folding. There's nothing worse than
standing all day, especially if its raining or quiet.
-
Help - Take help; a family member
or a friend. Someone that can man the fort during loo breaks
or if you want to have a look around. Someone that is able to
sell as well as you and that can take money and give change.
Remember they'll also want a chair.
-
Food & Dress - Make sure
you wear the right clothes. Warm in the winter and cool in the
summer. Welly boots are a good idea in a wet muddy field. A
hat if the sun will be beating down on your head all day. An
umbrella just in case. Take food; sandwiches and a thermos of
tea, coffee or soup. Take two if you think it will be a long
day. DO NOT spend your hard won
profit at the burger van.
-
Arrive early. - Pack everything
the night before. Prepare all your food and drink. Fuel the
car. Get up early and allow plenty of time for the journey.
Arrive early and get a good position that allows the most buyers
to spot your goods. Remember you'll be allocated space on a
first come first served basis and you'll be competing with seasoned
veterans of that boot sale venue; so be prepared.
-
Finally - Haggling is a fundamental
part of car boot sale culture. Expect to haggle, expect to lower
your prices and do it with a smile. Laugh with your customer
and he'll buy sooner. Smile when you give him his change and
he'll come back to look again. Look as if you're enjoying what
you do and buyers will come to you and bypass your competitors.
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