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4 Myths the General Public Believes about Antiques
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<p>[QUOTE="bluemoon, post: 320331, member: 1296"]<b>1) Second hand?</b></p><p><br /></p><p>How many of you have heard "I think my parents got this in 1962, so that's how old it is!" and "The house this came from is a hundred years old, so this item has got to be the same age!"</p><p>This works both ways.</p><p><br /></p><p><b>2) Not quite antique yet</b></p><p><br /></p><p>This is one of my <i>favorites</i>. To some people, everything they've had for more than 10 years suddenly becomes antique. Everything they've inherited is usually always <i>antique</i> as well... and valuable.</p><p><br /></p><p><b>3) Investing</b></p><p><br /></p><p>Common misconception is that value always increases with time. A 1930's tea set bought in the 80's may not bring in more than it did back then. The overall age of an item also doesn't solely determine its value.</p><p><br /></p><p><b>4) Pricing</b></p><p><br /></p><p>A whole lot of people think there's such a thing as a universal pricing system for antiques, where a certain item has an exact value written in stone and that value will be the same everywhere at all times. One seller may value an item at $150, while another one sells a similar one for $1200. Auction prices are also unstable and often influenced by endless factors.[/QUOTE]</p><p><br /></p>
[QUOTE="bluemoon, post: 320331, member: 1296"][B]1) Second hand?[/B] How many of you have heard "I think my parents got this in 1962, so that's how old it is!" and "The house this came from is a hundred years old, so this item has got to be the same age!" This works both ways. [B]2) Not quite antique yet[/B] This is one of my [I]favorites[/I]. To some people, everything they've had for more than 10 years suddenly becomes antique. Everything they've inherited is usually always [I]antique[/I] as well... and valuable. [B]3) Investing[/B] Common misconception is that value always increases with time. A 1930's tea set bought in the 80's may not bring in more than it did back then. The overall age of an item also doesn't solely determine its value. [B]4) Pricing[/B] A whole lot of people think there's such a thing as a universal pricing system for antiques, where a certain item has an exact value written in stone and that value will be the same everywhere at all times. One seller may value an item at $150, while another one sells a similar one for $1200. Auction prices are also unstable and often influenced by endless factors.[/QUOTE]
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