Recession? In Antiques & Fine Art?

This Meissen Clock recently sold on eBay after 29 bids for $6,352.51


If you can find what the collector is looking for, then recession doesn’t figure into the equation. There doesn’t seem to be any lack of funds in the upper end Antique and Fine Art markets. I’ve stated this to you on many occasions. But, as news of the volatile stock markets continue, it’s important to me that I find evidence of this so we don’t get run over by the economic dark cloud that pervades this period of time and become paralyzed with fear. Our industry is still very sound, and I remain very positive. Why?

Watching all the current auctions is part of what’s convinced me that all is well. Even yesterday, I received a call from a collector, Paul. He called me about one of the paintings we listed on ……Craigslist.org!!! (If you’ll remember, a few days ago I recommended you try this.) Now this was not some lower end item, but rather the William Horton we have with an asking price of over $20,000.

Paul assured me that money was no object, and that he was finding that now is the best time he’s seen in years to buy the treasures he’s been looking for. In fact, as we conversed, he told me that one of his favorite artists is Leon Dabo, and his personal collection of this artist’s work exceeds 100 paintings. This really got us talking because, only a couple of years ago, I sold two wonderful Dabo paintings.

So, I’m passing this on to you: We have a good customer for works by Leon Dabo. If you find one, or have one you want to sell, we have the buyer.

It didn’t take long before Paul and I were talking about our other interests, and he told me he’s always looking for Meissen pieces to add to his already extensive collection of Meissen. I asked Paul how he thought the prices for Meissen was holding up in what some perceive as hard times. His answer might surprise you. “My problem isn’t the price, but I just can’t find the pieces,” he told me.

Recession? In Antiques & Fine Art? What recession? You can now add Meissen to your list as your hunt continues.

If you’re not familiar with Meissen, I suggest that you go to eBay and look at all the completed auctions. This will give you a start in recognizing pieces made by the Royal Meissen Factory. There are many fake pieces, but the fakes are rather easy to identify. I hope that most of you have already purchased Kovel’s New Dictionary of Marks. This is a necessary tool, if you want to succeed in this business. A used copy is just fine.

So, turn off the TV News, and keep moving forward. Start gathering your list of estate sales and auctions for this coming weekend and for next week. Chart your course and don’t look back.

Treasure Hunters:

You Find It.
We Buy & Sell It.
You Net 35%.

Partner Up with 31 Club on High Quality Treasures You Find. We Do the Rest!!

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Sell Your High Quality Items for LOW FEES
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Keep More of Your Money.

Buyers:

Buy High Quality Items for FAIR PRICES
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Hummel’s Discontinued

Daryle Lambert’s 31 Club Blog

Hummels Discontinued.
This is of no surprise to me, and it shouldn’t be to you. I have been saying this was going to happen for over a year. Even if someone does take over the manufacturing of these cute little figures, it won’t be the same, and the prices will have to drop tremendously for them to sell. When I began to see examples of the Hummel figurines that previously listed in the price guide for $500 selling as low as $75, I knew there was a crisis coming for the collector.

I have written about the couple that had a collection valued at $250,000 by the guide, set aside for their retirement, that today would not even bring $35,000. You may have thought that your portfolio has dropped in value over the last six months, but you might be lucky compared to this couple.

Don’t despair, though.  There may be a silver lining here.  The true collectors are still there, but they will be looking for only the best and at better prices than in the past. This is where you come in, because as prices drop, people will sell the rare and the ordinary for nearly the same price giving you a great opportunity to cash in if you know the difference. In the future, only the Crown and Full Bee Hummels will really command prices that will put money into your pocket. For this reason, I would advise you to buy nothing below these marks unless by purchasing a whole collection it even brings the price you pay for the rare ones even lower.

My rule, until I finally quit buying the Hummels, was 25% of the book value, but today I would lower that to 10-15 %. You may think that this is too low, but I guarantee you that they can be purchased at this price today. This would be a great time to advertise for Hummel collections, because a few thousand dollars could go a long ways in purchasing a hundred or more of these today. This would assure you of a nifty profit when they are all sold.

Tuesday, October 7, 2008
PRODUCTION OF HUMMEL FIGURINES TO STOP SOON

PRODUCTION OF HUMMEL FIGURINES TO STOP SOON
Goebel Germany is stopping production of Hummel figurines on October 31, 2008. Demand has dropped to one third of expected sales. They will sell the figurines as long as they have supplies. We spoke to Carrie Kulak, the American media contact, and she said the 2008 International Club Convention in Germany October, 17th and 18th is cancelled. An announcement will be made in Germany at a special event on the 18th about the “solution” to the question “will there be more Hummels?” We are sure the rights to make the figurines will go to another manufacturer. Will prices for old Hummels go up or down? What do you think?

Posted by Ralph and Terry Kovel at 3:33 PM
Labels: Goebel Germany, Hummels

Treasure Hunters:

You Find It.
We Buy & Sell It.
You Net 35%.

Partner Up with 31 Club on High Quality Treasures You Find. We Do the Rest!!

Sellers:

Sell Your High Quality Items for LOW FEES
at 31 Gallery & Marketplace.
Keep More of Your Money.

Buyers:

Buy High Quality Items for FAIR PRICES
at 31 Gallery & Marketplace.

Our Members are Newbies to Seasoned Professionals
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Join Today!

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Posted by Daryle Lambert at 5:06 AM

Antique Stemware Right Under Your Nose

 


Tiffany Favrile Ribbed Glass Stemware Service, circa 1901, recently sold on eBay for $4,500.

Most companies conducting a house sale or estate sale will put their better items in showcases, in the dining room hutch, or on a table in the living room close to the check out. This way, they think these items are more secure and less likely to be damaged. So, this is where I usually look first. I check for the more rare and expensive art glass items, figurines that might catch my eye, and good artwork. Often times, I’ve left empty handed. However, recently I found a way to make leaving empty handed a less likely occurrence.

You see, now I know I may have been passing up fine treasures in the area of stemware because of my lack of experience in these items. Little did I know that some stemware can command prices equal to the finest art glass. This really adds up when there is from twelve to fifty pieces of the same pattern being offered in stemware and accessories. When you figure the potential profit per piece from $20 to $100 each, for example, you can see that a nifty profit can be had. Until I realized that stemware could make the day for me, I would have passed on these treasures. I seldom attend a sale without seeing groups of fine stemware being offered and this has now opened up a new avenue for me.

One stemware winner that has appeared on eBay recently is a set of Tiffany stemware that sold for $4,500. The set included nineteen stemmed pieces, each one bringing in over $230 apiece. I have no doubt that the seller had less than 30% of that price in as his investment. If my math is right, his profit should have been almost $3,000.

Baccarat, Moser, Gorham, Waterford and Orrefors are just a few of the better names in stemware you might watch for, because they all can make you serious money when you buy them right. What I like about these items is that there is a ready market, even if you choose to use eBay to sell them. Regular auctions can be a great outlet to sell, and now you have the opportunity to use the 31 Marketplace with its extremely low fees to sell as well. The sale of stemware should almost be immediate, and your investment plus profit will be back in your account to use for your next purchases.

Look where other eyes pass over the obvious and be willing to continually learn more. By doing this, your bank account will be greatly enhanced.

Treasure Hunters:

You Find It.
We Buy & Sell It.
You Net 35%.

Partner Up with 31 Club on High Quality Treasures You Find. We Do the Rest!!

Sellers:

Sell Your High Quality Items for LOW FEES
at 31 Gallery & Marketplace.
Keep More of Your Money.

Buyers:

Buy High Quality Items for FAIR PRICES
at 31 Gallery & Marketplace.

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Time Spent Researching Artist’s Signature Can Pay Off

Diego Rivera

If you came across a quality painting with only the initials “CC” signed, would it be worth your while to find out if this might be something of value? On the one hand, the time researching might pay off handsomely, but on the other hand, the time spent researching might add nothing more than another layer of knowledge, possibly to be used next time around.

This is the way it is in the Fine Arts business. You’ll often find signed paintings, but can’t decipher the signature. It may take you a lot of time researching and there’s a chance you’ll come up empty handed. But, the rewards of finding something valuable are fantastic. I found a painting one time that I knew had to be painted by a talented artist, but I couldn’t read the signature. My only solution was to go through the entire set of signature books I had, so I decided to do this. About halfway through the first book, I couldn’t believe my eyes. I found a direct match. At this point, I still didn’t know the value of my piece, but once I saw this artist’s signature in the book, I knew he was a listed artist and I could track this down.

I grabbed my Davenport’s Art Price Guide and quickly look him up. I discovered that the $150 I paid for this painting had been well spent. The least expensive of this artist’s work brought $5,000 while his top sale was over $82,000. I soon sold this painting for just over $12,500. If I had paid myself $200 for the time I spent researching, my profit still would have been over $11,500. Not bad for a little work.

Remember, we are looking for things others miss, and often the point where they walk away is when there’s a signature that isn’t clear. How many people do you suppose looked at that painting and thought that it just wouldn’t be worth the effort to research it.

There are other things people walk away from in the art world. For example, many famous artists used only initials to sign their work. If you don’t have a book on these monograms, then they’ll mean nothing to you. I use the American and European set of books called “Signatures and Monograms” by John Castagno. If you can find these used on the Internet or through Abesbooks or Amazon, they could be like gold to you.

In these books, you’ll also learn that artists often painted under more than one name. A woman may have painted under her maiden name, as well as her married name. These books also contain sections on indecipherable signatures and the symbols some artists used on their paintings.

You will also find where artist often painted under more than one name. A lady for instance my have painted under her maiden name and also her married name. They also have a sections in these books on indecipherable signatures and symbols that some artist used on their paintings.

Back to my original question – if you found a painting marked “CC”, would you take the time to research it? If you did, you’d discover it was painted by the famous artist Jean Baptiste Camilla Corot, and it would be very valuable. If a painting is signed, “Picasso” most people would pay attention, but if it had the initial D with the number 32 after it and you researched it, you’d know it was by Diego Rivera and it was time to snatch that up. And what if you could buy one of these for just a few hundred dollars, because somebody didn’t know what it was. The record for one of Rivera’s works is over $1,500,000. Like I said in my book, let’s spend our time where the money is.

One of our members just emailed me about a painting she purchased for $1200. If it’s genuine, it’s worth over $28,000. I have my fingers crossed for her. And presently, I’m researching a painting that could very easily be worth $65,000 or more. I’ll share the results with you when I get them, and it wouldn’t hurt to have your fingers crossed for me, too.

There are other sources of looking up artists, such as AskArt.com, ArtNet.com and ArtPrice.com. These are subscription based services. If you’re a member of the 31 Club, rather than subscribing to these yourself, you can give us a call and we’ll check the name and prices for you. That’s just one more advantage of being a member.

Treasure Hunters:

You Find It.
We Buy & Sell It.
You Net 35%.

Partner Up with 31 Club on High Quality Treasures You Find. We Do the Rest!!

Sellers:

Sell Your High Quality Items for LOW FEES
at 31 Gallery & Marketplace.
Keep More of Your Money.

Buyers:

Buy High Quality Items for FAIR PRICES
at 31 Gallery & Marketplace.

Our Members are Newbies to Seasoned Professionals
Making More Money than they Thought Possible.

Daryle’s 220 Page Book,
31 Steps to Your Millions in Antiques & Collectibles is FREE with your Membership.
Plus You Get FREE MENTORING with Daryle.
Join Today!

Or E-Mail us at info@31corp.com