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

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Posted by Daryle Lambert at 5:06 AM

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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.

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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.

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Folk Art: Antique Windmill Weights

Just the other day, after I posted a blog about the Whirligigs sought after by collectors, I guess my mind started going back to the days I spent growing up on a farm. Before I knew it, I was researching Windmill Weights. Maybe windmills were on my mind because of the need for this country to find new energy resources. Maybe the windmill images from the T. Boone Pickens commercials were forward in my mind. Only the Good Lord understands the intricacies of my mind. But, boy! I’m glad I did the research. I always thought windmill weights were in the form of animals, birds, moons, or stars, but I was mistaken, and I got quite the education on these folk art collectibles.

In case you’re not as old as I am, I’ll provide a little background info to understand the historical interest in windmill weights. Yesteryear, in parts of rural America and other parts of the world, many farms used windmills to capture the power of the wind to pump water out of wells for use on their land. Windmills also provided the energy to pump well water to fuel the early locomotives. Grain, especially in Europe, was ground by the energy provided by windmills. These windmills had many moving parts, of course, and a windmill weight was one of them.

Today, these weights are very collectible, valuable, and make great folk art. And there are lots of collectors who’d be grateful if you found a real beauty for their collection.

There are four different kinds of windmill weights – the Tail Weight, the Governor Weight, the Spoke Weight and the Regulator Weight. The Tail Weights are the most decorative of all.

There are hundreds of windmill weights to find, and they are still out there in the old barns and sheds. And some are quite valuable. Many of the weights you’ll find are painted, but I learned that this was usually done after the weight had out-lived its usefulness and later became a piece of folk art.

Many times paint is used to disguise a reproduction, however there are many ways to distinguish the real thing from a new reproduction.The best way is to look for rust. When these weights were used, they picked up sand in the rust, and this is what made the finish on the older weights. Watch for holes in the weights. They shouldn’t be straight up and down on the real ones, rather tapered. Any damage can quickly reduce their value.

I was fortune enough to run across the book, Windmill Weights, by Rich Nidey and Don Lawrence. I took a look at a site with some info on their book, and boy – what a head full I got.

I know you’re waiting for some price examples, so here they are:

A Black Bull with white writing, 18X24 inches, $920. Horse standing,white paint,16 X 17 inches, $920. Rooster, writing, Power & Pump Co. , 13 inches, $1495. ARooster by the Elgin Co., 15X19 inches, could bring you over $5000 today.

Today’s Photo comes from Ames Hill Antiques and this 15 inch star weight made by the U. S. Wind Engine & Pump Co. Batavia, Ill. c, 1890. is mounted on a tiger maple stand and has provenance to a Minnesota farm. It’s priced at $2250.

I think you’ll agree that these nifty items are worth looking for.

There is an endless stream of items people collect, and if we find them for collectors (or for ourselves) our coffers will be filled. An old saying I recall says, “Go where others have feared to go.” 31 Club says, “Look where others have failed to look.”

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Antique Snuff Boxes: Small and Valuable Treasures Worth Sniffing Around For

Swiss Enamel & Gold Snuff Box, circa 1740. Photograph property of M.S. Rau Antiques

I often tell Members of the 31 Club that money in the antique and collectible world can be made with items smaller than a bread box. Besides not taking up too much space in your home until you get them sold, you won’t be faced with transporting these small treasures back and forth, which eats away at your time and erodes your profit. Snuff Boxes and Snuff Bottles certainly qualify as items smaller than a bread box, and they can be quite valuable. Today, I’ll focus mainly on snuff boxes.

Snuff, used for many centuries, is a tobacco that is ground into a very fine powder. It’s sniffed through the nose, tucked behind the lip, or tucked inside the cheek. It came in either a dry form or a moist form.

In Europe, in centuries gone by, the use of snuff was a very popular social ritual, mainly with the elite. Many a high society lady or gent would never leave home without their stylish snuff box and would often have several to choose from. They even had snuff boxes for every season. In China, snuff bottles were very popular, and the bottle stopper had a little pad on the inside of it. The process for use was the same.

In 19th Century America, some women might have smoked cigars in public for its shock value, however, there were far more ladies discreetly using snuff, which was perfectly acceptable. This was Women’s Lib 19th Century style, and it caught on.

Fast forward to the 21st Century and we find that anything to do with snuff has become highly collectible. If you find one for a collector, they’ll pay you handsomely, especially for the right one.

Snuff boxes can be made from almost any material. They were often made of antler, silver, wood, brass, gold, pewter and many others. They also can be a combination of several materials, artistically decorated. Most boxes were decorated with gold or silver, often with the owner’s initials engraved on them. Many were highly decorated, and of course, these are quite valuable. Let’s look at a few values in Kovel’s Price Guide to see if your eyebrows move a little north:

A 3” Gold Enamled Box of a Harbor Scene, c. 1830 valued at $17,250. If that’s too rich for your blood, how about a Metal, Gilt, Musical, engine-turned panels sized at four inches for $14,950. These must have been owned by a very special lady or gent.

$32,500. That’s the price of the snuff box shown in Today’s Photo. Offered at M.S. Rau Antiques, and this Swiss Enamel and Gold Snuff Box, circa 1740, looks like it contains a double ivory portrait,adding to its value. This is a real beauty. When you take a look at all their high end snuff boxes, you’ll have a better idea of the high quality, high end boxes out there.

Remember, we look for the higher end, rare items. As we work our way up the 31 Steps, our ever increasing knowledge of true quality and rarity will help us along the way. Please make every effort to attend antique shows in your area to see high quality items up close and face to face. The first goal is to be able to recognize quality when you see it.

Snuff was not reserved for the high society crowd. We regular folks used it, too. I can still remember the way my Grandmother would quickly sniff a little, sneeze, and then hold her dainty handkerchief to her nose. As a child, I often wondered why she would do this. Maybe to clear her nose, I thought.

Today, snuff is a dying industry. To the ladies and gents of days long gone, aside from being the socially chic thing to do then, that special little high from nicotines was what they were probably after. In those days, the use of snuff also made the dentists very happy, too. It caused many a mouth problem and surely increased the bottom line in the dentists’ books.

If you’re interested in “sniffing out” more information on snuff boxes, you might start by reading Christopher Proudlove’s Blog on Snuff Boxes at WriteAntiques.com and Tobacco.org has a very informative timeline of tobacco that’s quite interesting.

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Buyers:

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Break Out The Silver Polish

Daryle Lambert’s 31 Club Blog

The Only Antiques & Fine Art Club Teaching Dealers & Newbies Wealth Building

Have you seen that the price of Gold and Silver are declining? For those of us in the Antique & Collectible business, this decline will make it possible for us to make money buying Gold and Silver items again.

For a long while, the market was adding no value for the rarity or beauty of a piece, only weighing the value of its base metal. But now, these wonderful items, that have lasted the test of time, will once again make sense for us to buy. I’m thinking tea sets, compotes, vases and even silverware at prices that are sensible enough for us to make a fair profit.

Gold jewelry may get to the point where the dealer doesn’t just weigh a piece and quote you the base metal price. I think the metal will always have a value and be a component of the actual value of the item, but other factors will become important. The spread between the offer and bid will again be wider.

A friend of mine came by the house today and showed me some items her elderly aunt took to a company who advertised an event at a local hotel to buy jewelry. She attended with her aunt to oversee this offer. to buy. I’ve been aware of these, what I would call scams, for over year. My friend was smart enough to prevent her aunt from selling these fine pieces for next to nothing, and when I looked at them and she told me what they offered, I don’t believe they even offered the price of the gold. I’d recommend staying away from these types of events.

As prices decline for gold and silver, people will have fewer and fewer places to dispose of their fine jewelry. You see, these so called “merchants” will no longer be able to simply weigh for the gold and silver content and offer you very little. And what do they do with the gold and silver once they “buy” it from you? They melt it down for the metal and then they’ve made their money.

I remember the good old day when I bought a sterling tea pot for a few hundred dollars. No, the silver content wasn’t worth that, but it was produced by a famous silversmith from the late 1700’s. I knew this was a special piece the moment my eyes landed on it. Believe it or not, I called all over the world before finally selling it in Australia for several thousand dollars.

It will be fun again to do our research and look for items that can return us 10 or 20 times our investment. Still, I don’t think this change will affect silver plate or gold plate much, and these items should probably be avoided except in rare cases.

I just can’t resist mentioning that earlier this year I strongly recommended my readers sell their gold and silver. At the time, the price of silver was around $16. I was a little early, because it did go briefly to $20 before coming right back down. At the time I made that recommendation, I had people e-mailing me hate mail, threatening my life and questioning my intelligence for making that recommendation in writing and sending it to the news services. But, of course, these were the people in the business of selling gold and silver to the public.

I stuck to my guns and continued to write about selling silver anyway. You know, I haven’t heard from any of those people again. And now, all their customers who bought at that time have lost a great deal of their investment while the fat cats have already cashed their checks and danced into the sunset. It isn’t over yet. I predict silver be $6-$8 soon enough, and gold will be back to $600 an ounce. Then it will be time for us to load up on it.

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Dedham Pottery Find

31 Club Members Travel From Ohio to Shop with Daryle


Dedham Turkey Plate is offered in the 31 Gallery & Marketplace.

 

31 Club Members, Ron & Mary, traveled from Ohio to spend the day antiquing with Daryle.

 

As I mentioned in Sunday’s Blog, I had the opportunity to spend the day hunting for antiques with 31 Club members, Mary and Ron, who traveled from Ohio to visit with me. One of the high points that day was the discovery of a Dedham Turkey plate. I was able to purchase it at a very fair price, and it is now offered in our 31 Gallery & Marketplace, here. This isn’t the first time a Dedham piece has been good to me.

Several years ago, I was shopping and spotted a strange looking five inch pitcher among items sitting on a table. It had a strange design, and I couldn’t keep my eyes off of it. I must have picked it up and put it back down four or five times before taking it to the sales table and asking the dealer what their best price would be. The dealer wanted $175, which seemed ridiculous to me. But, there was something about this piece that was gnawing at me. So, without knowing what I had in my hand, I offered $100. The dealer said no, but she’d take $125. I had to think about that for a minute, and, as I’ve taught you before, I never put the piece back down until I made my final decision. I decided to take it at $125.

It was a very different piece with an owl on one side and a rooster on the other. I don’t remember the rest of the design, but it had the appearance of being crazed all over, and the mark on its bottom was smeared and not legible. Somehow, I just knew it was special.

When I got home and did some homework, I found out it was a Dedham piece called the “Day and Night” pitcher. I sold it very close to $1,000. There is a lesson here. If something seems to stand out as you are searching, it might be your subconscious memory telling you that it’s special. In fact, you might have seen it in a book, magazine or at an auction at one time and had forgotten it but your subconscious hadn’t. In today’s guides, I see that this pitcher now sells for a little less than what I sold it for, but to me back then, it was a real home run.

The Dedham company was founded in 1872 in Chelsea, Massachusetts by the Robertson family. Dedham went through several transitions and finally closed for good in 1943 during the war. They became very famous for their crackle ware, most of which featured animals, flowers and other natural motifs.

Just to list a few of their better known pieces, the Polar Bear 8 ½ plate lists in Kovel’s Price Guide for only $10.18, while the Lily 6 ¼ brings $1150. A real treasure is the Thistle 8 ½ inch plate signed by Hugh Robertson, listed for $2970. They also made vases, and most of these bring big money from $2000 up.

There are some authorized reproductions of Dedham, and further information on these are available at the Dedham Historical Society.

This is definitely a company’s wares you should keep in mind while searching in the field. that you should keep in your mind while searching in the field.

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Treasure Hunters You Find, We Buy, We Sell, You Net 35%. Partner Up with 31 Club on High Quality Treasures you simply find.

Our Members are Newbies to Seasoned Dealers, making more money than they thought possible. Join Daryle Lambert’s 31 Club, today. and get FREE MENTORING in the Antique Business.

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Link: Dedham Historical Society