Some antique collectors are motivated simply by a connection to history and or to particular items. Others, however, are also spurred by a desire to make their hobby a revenue source. Many antique collectors find themselves appreciating their pastime even more due to its potential financial benefit.
Antiques, after all, are a great commodity in which to invest. The laws of supply and demand tilt heavily in favor of the antique. One side of the equation, after all, is already solved for the antique collector. Because there is a very limited amount of new discoveries being made, there is no chance for supply to increase. As time passes, in fact, supply of any antique item is guaranteed to decline. Even assuming demand holds steady, prices should increase. In reality, however, demand tends to continue an upward climb, making the value of many antiques escalate at an impressive clip.
The cards definitely do seem to be stacked in favor of the collector! If you can simply acquire a popular item and hold on to it, then you are likely to eventually realize a profit. In the meantime, you will get all of the pleasure and enrichment attendant to owning the antique in question!
Of course, profiting from antiques requires an ability to discern which items will retain their overall demand. For many antique investors, this means finding items that already have strong and distinguished fan bases and loyal followings. Chippendale furniture, Tiffany lamps and other blue chip collectibles tend to consistently grow in value, making them impressive investments.
Those who want to use antiques as something akin to an investment are often best served by selecting already popular items with long traditions and enviable track records. You can profit from heavy investment in a lesser known item, hoping that it eventually becomes more coveted, but this strategy is less steady than selecting antiques that are already universally recognized for their appeal.
These antiques come with a relatively steep price tag and not all collectors are able to secure these items. However, if a name brand antique is beyond your means, does that mean that you cannot profit as a collector?
Fortunately, the answer to that query is definitely no. Those who approach the overall antique market with a well trained brokers eye will find undervalued antiques for sale and will nab them at low prices. They can then turn around and sell these items to others at a profit.
This buy low, sell high strategy does require a certain level of skill, however. One must be sufficiently knowledgeable to recognize a bargain. One must also know where to look for under priced items. The antique trader must also be able to find buyers after securing a bargain purchase. The quick decision making often required when in pursuit of a cheaply priced antique requires that those embarking on this profit making route be well educated about a variety of antiques.
Many hobbyist antique collectors enjoy the challenge of being an antique trader. They enjoy the gaming aspect of searching out bargains at flea markets, garage sales, estate auctions and other locations. They appreciate the challenge of profiting from their keen eye. Even though their gains may be modest and some efforts may fall short, they still enjoy the process and it adds another dimension to their hobby. R
Antiques are one of the few hobbies that create an opportunity for profit. Most hobbies can be characterized as money pits. You spend and spend in pursuit of a hobby. It is a revenue stream that inevitably runs away from the hobbyist. Antique collecting, on the other hand, is different. It actually creates a situation in which the hobbyist can profit.
Whether you approach antiques as a blue chip investor or as an aggressive antique trader, you may be able to make antique collecting a financially (as well as personally) rewarding diversion! Thousands of antique collectors have found ways to turn their hobby and passion into a real legitimate moneymaker. It may not be a foolproof investment strategy, but it is a great way to add some extra value to your hobby endeavors
Source: http://www.articlecircle.com/
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