Getting An Objective View On Your Antiques…
maybe ask someone who knows nothing about antiques?
I am fortunate to have a friend who is earning his degree in computer sciences, so he is my “go to guy” whenever I need technical support. Computer was doing strange things so he came over to help me out. He admits he really doesn’t have much interest in antiques, and I thought this would be a good opportunity to get some feedback about antiques, from the perspective of someone who has very little interest in them. Also from someone who is in his early 30’s So I asked his impression of my place. He told me it was filled with old stuff, and obviously things I liked and collected, but not the kind of things he would have. I pointed to a gingerbread clock. He told me he couldn’t see how that would fit into the decor of anyone he knew. I asked him about an early electric lamp (I had recently purchased for $200). He thought it looked tacky. I showed him a few other pieces, and he said they were not something he would like, but they would fit into the decor of someone like me. He then told me he personally would like old advertising pieces. I showed him an original finish dye cabinet and a nice little blanket box, and his eyes lit up. Yes he said, he could see people he knew, fitting pieces like that into their contemporary decor. That quick, 10 minute walkabout, summed up a lot of how I feel about the current antique market. Younger people looking for unique, smaller pieces, they use as decorator items, but they are not likely to fill the house with antiques. There are “old style” antiques and “new style antiques”. “Old style” antiques are Victorian furniture, lamps, clocks, jug and basin sets, epergnes, glass, china etc. I think “new style” antiques are wooden boxes, cast iron, deco figurals, teak, mid century furniture, advertising, toys, vintage etc. Usually what appeals to the younger buyers, does not appeal as much to people of my generation ( 40-60), and our parents generation. There is a glut of “old style” antiques coming onto the market, as people in that age group downsize, switch to modern decor, or sadly pass away. As an auctioneer, I have to look at antiques in an objective manner. My friend looked at a gingerbread clock, and couldn’t imagine a place in the house. I look at that same piece and see a 100 year old clock that is still running! He looked at my early electric lamp and thought it looked tacky…I look at that lamp and see an 80 year old piece that looks great illuminated at night in my room full of antiques. The point is, when it comes to selling antiques, it doesn’t matter what I think…or what you think…or what your neighbour thinks…it is what the potential buyer thinks. In an auction, if you don’t get two or more bidders who want it….it is going to sell cheap. Currently there is an abundance of merchandise on the market right now, that does not command the interest or price, that it used to. I am a long time lamp collector, and often see lamps selling for less money than they did when I first started buying in the 1970’s. Some pieces that sold for $80 or $90 a few years ago, now may sell for less than half of that now. We have to accept the fact, that’s what they are worth now, and that’s the price you have to expect. Probably 80% of the antique market is decor driven. People looking for whatever’s “hot”,, and whatever’s “hot” will eventually cool off. Chances are you bought what you liked, because at that point in time, it was “hot”. It was trendy…and the demand drove the prices up. Now you and I have to look at those pieces objectively, and assess a current and fair market value. That sometimes means totally disregarding what you paid for it, or what it used to sell for, and look at it in terms of the current market value. At times that is not easy to do. So the point I am trying to make is…step back and take an objective look at what you have. Try to imagine what the current buyers are looking for…how they are decorating…how it fits into or reflects their lifestyle, and then try and determine what would be a fair market value. Maybe ask someone with little or no experience with antiques…and see what they think of it! RobSATURDAY COUNTRY ANTIQUE AUCTION
SATURDAY NIGHT COUNTRY ANTIQUE AUCTION
The One Auction I Will NEVER Forget…
and hope it never happens again!
I’ve had a lot of memorable auctions over the last 18 years. The first on-site auction I did 15 years ago when we almost set fire to the house. ( just a small fire on one of the tables of merchandise set up outside…we put it out). Then there was the “mudfest” at the Cookstown Curling Club. An early May sale that was so muddy around the building that I didn’t know how we were going to get people in or out. (it turned out to be one of our best sales!) However, the most memorable sale was one that never actually happened! To this day I have never heard of this happening to another auctioneer. Sept 25 2010 we were to make our much anticipated debut at the Pottageville Community Centre. It didn’t work out too well. Here is a repost of my blog concerning that fateful event 4 years ago! I run this every year as a reminder!!!The Saturday Sept 25 2010 auction was to be our big debut at the Pottageville Community Centre. Well I guess we created quite a bit of talk….not about what happened…but what didn’t happen! The auction didn’t happen!
This gives me an opportunity to explain what happened to our Saturday Sept25 auction…the one that was cancelled at the last moment!
The sale was almost completely set up, on Friday. At 5:00 pm we were visited by a very nice young woman from the recreation department explaining that there was some confusion as to the auction date. I believed we had a three day booking, Thursday, Friday and Saturday of course. But it was brought to my attention that it was booked for Thursday 9:00 am until Saturday 12:00 am.
Ok so what was the problem? We had all day Saturday to do the sale right? No, actually 12:00 am Saturday is just past midnight Friday…and that is when we were to be done with the hall. There was another booking for the hall on Saturday, and we would have to have the hall cleared by 8:00 am Saturday. Now I am not going to cast any blame here, because there was a mix up and miscommunication on both sides. Verbally the hall was to be booked for 3 full days, but when the contract arrived I did not notice the Sat. 12:00 am mistake. The point is, we had no choice but to clear the hall.
It took us two days to set up the sale, and now we were going to have to empty the building in a matter of hours. I was overwhelmed and a little distraught, but it had to be done. I called back all my incredible staff, family members, friends and some consignors, and began the task of repacking and removing an entire auction! It took until 4:00 am, but we had the hall cleared and contents stored in various locations.
I put a notice on the website at 10:00 pm, which was the earliest I could access my computer, and sent out the email list at 4:00 am hoping to catch people first thing in the morning announcing the cancellation
. Dave and Carol Beasley also sent out notice through their email listings, as well as Tom Clarkson Auctions, so we did everything we could to spread the word. I made a few early morning phone calls to people I knew were traveling a distance, but this is all I could do.
With about one hours sleep, I went down to the hall for 8:30 am Saturday and delivered the bad news to those who did not receive notice and showed up expecting an auction. I was absolutely amazed at how understanding and considerate everyone was. Not a single complaint from anyone….just inquiries about when the next auction was! I really do have some wonderful customers!
At this point I want to express my deepest appreciation to everyone who came foreword to help. The people I work with are not just staff, they are friends and family. And they came to my aid as good friends and family would. Everyone showed up when I called, pitched in and did everything they could to help. It was just amazing
. So here are the people I want to express thanks to on-line…I have thanked them over and over again in person, but I want you to know. Mom, my brother Brian, sister Kris and brother in law Gerry, Dave and Carol Beasley, Raymond and Cecile Bates, Don Garner and his wife Audrey, and last but not least Charlie McAteer, who worked with me through to 4:00 am. Also consignors who I called to pick up their merchandise, but would prefer I did not announce their names. I was truly overwhelmed by the effort everyone put forth!
Also the many emails and phone calls from customers who offered whatever help they could. So a bad situation was made as good as it could be, and I once again thank everyone. Yes it is an experience none of us will forget, and a lesson for me to read the contracts carefully!