Sunday, February 15, 2009

Fakes and Finds: More Coming in Every Day

Well, the economy is having a strange effect on the antiques world. More people are finding themselves in situations where they have to sell things, prices are soft in some areas and stronger than ever in others.

It's really hard to get a handle on what is happening to us. "Book Prices" are out the window, which is okay especially since Antiqueswest.com has always relied on comparative valuations when determining value.

We've been on the road a little these past few weeks, travelling to established collections and meeting with people who have contacted us in recent weeks to see what's out there and, also, to buy when possible.

As I've said, there are still plenty of nice things out there (watch our pages for more on this later), but there is also an increasing number of fantasy items and outright forgeries in the marketplace.

Initial impressions: Furniture is soft, particularly here in the West, with good pieces available for a relative song; paintings are also selling at about a half of what they were doing a year ago. We're seeing some very good copies of English pottery out there, and more facts are beginning to intrude on the historical arms and accoutrements sectors. Paper is, as it has been for some time now, very dodgy as several accomplished copyists are producing Civil War letters, commissions and even some diaries. This is disconcerting to say the least.

Like most of the country we're hoping the stimulus package has some positive effect on the national malaise, but we're not holding out hope as sentiment appears to be running deep and many old buyers are sitting on their wallets right now.

That said, whenever we get a nice piece in - check out our badge collection - they continue to sell briskly. The "best" continues to sell - and not just to semi-retired bankers and financial advisers on the lam from the SEC.

So, hang in there with us and give us a shout if you're buying and selling. We'll help when we can (some of the stories out there are horrendous) and try to get us all through this thing and back on track.

Thanks for visiting... and reading!

Antiqueswest.com

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