Do You Make These Mistakes when Valuing Antique Furniture ?

Valuing old and antique furniture is something that not everyone knows how to do and normally if you want to sell or buy a piece, you look to the expertise of a dealer or appraiser to give you an accurate valuation.

For those that do want to start learning about antiques and how they are valued, however, here are some tips that you can use when you are at the next antiques fair or visiting your local antique store. You can also learn about valuation techniques to help you discover more about the pieces you have and what they might be worth before you even take it to a shop to sell or to a dealer.

The first thing to look for is if the piece has a stamp of mark of the manufacturer. Usually pieces that have marks will be worth more than ones that don’t. You should carefully scrutinize your piece with a magnifying glass to make sure that you don’t miss any small markings. In the case of painted furniture you can also look for an artist’s signature which will help a great deal in valuing the piece.

Next you must look at the condition of the piece of furniture. Simply finding a price in an antique guide is not enough. If the piece that you have located is not in the same condition as your piece you cannot make a comparison. You will have to do some more research and see how many flaws there are including any cracks, chips, scratches, and excessive wear and tear like water damage, tears, staining, or broken legs, spindles, etc.

The next thing you can check when valuing a piece is if it is common piece or a rare item. If an item of furniture is very rare, then it will be worth a lot more, even if it is not in very good condition. Say, for instance that you have a piece of Majolica pottery but it has a hairline crack in it, it will still be worth quite a lot of money. If you want to find out about how rare certain pieces are you can ask a local dealer or find an expert in the type of furniture you want to value.

You must also remember that when valuing item, just because they are old, does not mean that they are valuable.

Much of this has to do with the demand for an item and you will find that many items classified as antiques are not in high demand, which means that they do not have a high value. Similarly, if many of the same items from the early 1900s, for example, have survived, then they will be too common to hold a lot of value.

A very important factor to consider, when trying to determine the value of a piece of furniture, is to find out if it is real or fake. Many replica items that are carbon copies of original pieces have been created and some are only a few decade or even a few years old. Usually if an item of furniture has been in your family for generations and you know the history behind it, then it is authentic, but many items sold at flea markets and second hand store will need to be authenticated before you buy them. By looking for discrepancies in the markings will be a tell tale sign of a fake.

Another factor to consider is whether a piece has been restored or repaired. If an antique has been professionally restored, this can improve the value, but a poor repair job using some glue and noticeable solders, will negatively affect the value price of your antique piece.