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Selling Antiques: What You Need to Know

12 November 2020 by Brianna Andrews

If you've recently inherited some antiques, you may be thinking about selling them to raise some money. There are several different ways of selling antiques. Read on to find the answers to some common questions that newcomers to the world of antiques often ask.

What factors influence value?

Once you've decided which approach to take, you'll need to make a list of all your antiques. Remember, they may be in different conditions and therefore have different values. You'll need to consider their age, whether they're worth refurbishing, and their rarity. The higher their value, the higher the price you should be expecting to get.

How will the antiques be valued?

When you sell your antiques, you'll need to get an appraisal. Most appraisers work for auction houses or brokers. If your item is a collectable, you may need to arrange an appraisal with a specialist. However, for antiques, a single appraisal doesn't always accurately represent their value. For antique furniture and similar items, they usually need to be assessed by two or three appraisers before a price range can be agreed.

How do I find a buyer?

Online

You may choose to list them online. If you do so, you'll need to place the item online in order to get the best price. This isn't just a matter of typing "Antiques" into a search engine and looking for places to list your item. You'll also need to promote your item through social media sites such as Facebook and Twitter. This isn't necessarily cheap, but it can be very useful when it comes to increasing the visibility of your sale.

Antique market

You'll also be able to sell antiques for cash if you go to an antique market. Many people from a range of backgrounds and businesses visit these markets and they can be a great way to secure a quick sale. However, for newcomers, antique markets can feel slightly intimidating as you may not feel comfortable haggling with potential buyers face-to-face.

Instant cash sale

Perhaps the best option for someone who is just starting out selling antiques is to use a company which buys items pre-auction. They'll guide you through the process and this is often the quickest way of selling items. The major benefit of using this service is that you can receive your money instantly by bank transfer, cheque or cash payment. However, although you benefit from a quick sale and quick access to money, you have to accept that the item may eventually sell for a higher price when it is put up for auction. To find out more, contact a company that offers instant cash for antiques.

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