Featured An excellent time to buy Art, antiques & furniture or a market in crisis..

Discussion in 'Antique Discussion' started by Francisco G Kempton, May 8, 2022.

  1. Francisco G Kempton

    Francisco G Kempton Well-Known Member

    :nailbiting::nailbiting::nailbiting::nailbiting: Aaah The Market for brown furniture is treacherous!!!
    Will this ever change. Is it now a bad investment but a brilliant new hobby that many can now afford.

    I could not help but grab some Georgian Furniture at a recent auction , I had to turn my back on 2 Georgian Rosewood dining tables that sold for less than £50. Just have not the room.

    A group of US financiers and antique dealers recently founded an investment fund, Tangible Assets Group, to buy fine antiques with the aim of holding them until they return to favour.
    https://tangibleassetsgroupltd.com/

    Brown Furniture:
    George V 1910- 1936 -%
    Edwardian 1901 to 1910 -%
    Victorian 1837 -1901 -%
    William IV 1830 -1837.
    Regency 1811 to 1820 ( king George III went mad)
    American Federal
    period 1790 to 1830
    Georgian 1714 – 1830 -%
    Queen Anne 1707 – 1714
    William & Mary 1689-1702

    Brown furniture is continuing to fall in price to crisis levels or is this is a wonderful oppourtunity and time to have a long think about what you have always dreamed of getting and searching for some historic furniture or aesthetically wonderful furniture at a bargain.

    However maybe it is a terrible investment, as the buying power shrinks to the very rich and lavish properties, and supply continues to gush in from the baby boomers with no interest from any present generations. Is brown furniture doomed as a bad investment.

    Antiquing is gaining momentum among eco-conscious as millennials and Generation Z seek out cheap second-hand tables and chairs rather than new flat-pack furniture for their student and starter homes.

    https://www.thetimes.co.uk/article/...n-as-young-fold-away-the-flat-packs-3h2vc6mnp



    Asian porcelain continues to climb in value :) at least a silver lining.

    https://news.artnet.com/market/the-market-for-chinese-art-and-antiques-caa-report-2020-2035623

    Art Market strong
    https://www.artfixdaily.com/news_fe...651-billion-in-2021-according-to-art-basel-ub



    download (8).png
    Fig.1 After almost 50 years tracking prices the Index came to an end in 2016, a victim of the falling prices it had so graphically tracked. The final index of 2016 showed prices at levels last seen in the 1980s.

    https://reaction.life/why-has-the-bottom-dropped-out-of-the-antiques-market/
    https://www.ft.com/content/c9dbaf2c-36cb-11e9-9be1-7dc6e2dfa65e
     
    kyratango, komokwa and johnnycb09 like this.
  2. komokwa

    komokwa The Truth is out there...!

    A group of US financiers and antique dealers recently founded an investment fund, Tangible Assets Group, to buy fine antiques with the aim of holding them until they return to favour.

    run away............run away fast !!!!!!!!
     
    15Stiftgasse likes this.
  3. Francisco G Kempton

    Francisco G Kempton Well-Known Member

    Yes, My thoughts exactly, Sounds like complete cods wallop. So you invest say 500 dollars, and perhaps there value increases over time, but you can be damn sure they will charge for storage, handling, shipping and every other fee over the intervening years, leaving you with a negative result. Their storage is likely them enjoying the furniture in their houses :)

    Anyway's ..Does anyone in antiquers feel that brown furniture, will ever recover to the lofty heights, and in what time span. What will the circumtances have to be, will the supply from babyboomers grow worse.

    From a sellers perspective, say someone who has just inherited furniture, should they sell now or ship it off to one of these ;) investment funds to wait for the bright future that might happen one day.
     
    15Stiftgasse and komokwa like this.
  4. evelyb30

    evelyb30 Well-Known Member

    I'd say send your flat pack to the curb and use the real stuff. It's paid for, and the quality will mean you're not buying more in 5-10 year's time. Some younger kids are finally cluing in that antique is the ultimate "green" product, since it's already made and won't end in a landfill.
     
  5. komokwa

    komokwa The Truth is out there...!

    I'm surrounded by brown furniture.... mine....antiques,,,,my folks.....

    I'm thinking one has to look past the color....to the quality......
    u can still paint the stuff..... millennium burnt Sienna...!!!!!!!!!:hilarious::hilarious:
     
  6. johnnycb09

    johnnycb09 Well-Known Member

    Them's TRIGGER words on here Komokwa !
     
  7. evelyb30

    evelyb30 Well-Known Member

    Paint. Brown Wood.

    ...don't make me angry. You wouldn't like me when I'm angry.
     
  8. ola402

    ola402 Well-Known Member

    I feel that brown furniture will come back, likely within the next 20 years at the latest. When people get some experience with the furniture that's being made and shipped in from Asia, they will then know how much better the old stuff is. I'm already seeing a couple of HGTV shows that feature reusing old 80s furniture. Yes, many pieces are being painted, but not all.

    During the 80s, Asian style furniture was popular. Now my chow table is back in style If the piece was good quality when first made, it will last.

    And no, I wouldn't invest in a club that will merely store my stuff until then. Let someone else store it in their home.
     
  9. Lark

    Lark Well-Known Member

    I live in rural Missouri. My house is 1851 and full to the brim with Victorian and primitive "barn" finds. When I had the store front antique store open, young people that had just purchased an old farm house were trying to find furniture of the period. I think you will find more of that.
     
Draft saved Draft deleted
Similar Threads: excellent antiques
Forum Title Date
Antique Discussion Antiques that never sell. Sep 5, 2024
Antique Discussion Found some antiques in cellar Jun 20, 2024
Antique Discussion I have tickets for the Antiques Roadshow Jun 15, 2024
Antique Discussion Antiques you sold that you now regret selling. Apr 28, 2024
Antique Discussion Antiques Roadshow Tickets Apr 23, 2024

Share This Page