My Top Ten Undervalued Collector Chats
By Peter Seibert - June 07, 2024
I am getting pretty frustrated with the online filler stories about why you should ditch all your antiques because they now have no value. You know the stories. The antiques market has collapsed and kids today want none of it, so sell for nothing all of your silver, china, glass, brown furniture, collectibles, and pretty much everything else. I have yet to see any actual facts that back up these statements, but I have certainly heard my share of collectors who have read this garbage and believe that everything they own is and will remain valueless for the future. So, yes, the market remains in a state of flux and every day I see things that are too cheap compared to what they once were. I also run into collectors who stand and beat their breasts hoping that the prices will return to 1988. The reality is, in my opinion, the hyper price inflation of antiques in the 1980s and 1990s will be a long time in returning because those prices were an aberration in the history of collecting. Too much money married with too much greed, and speculation drove that market. So, I do not think the market will return at those levels anytime soon, but I do not believe that antiques and collectibles are valueless. In the stock market, in my humble opinion, one should be looking for bargains rather than paying 52 week highs. Makes common sense. Buy General Electric when it hits its 52 week low and, barring the unforeseen, you will do well. Not rocket science. The same thing is true in antiques, particularly for new collectors or those looking to furnish their homes. I will argue until I am blue in the face that press board is never going to last when compared against solid wood furniture. So why buy the modern junk? I offer this prognosticated list of 10 undervalued antiques that I think are just stupidly cheap right now: 1) Grandfather Clocks: Okay, so I saw an eight-day late 18th century Berks County, Pa., clock for sale in a co-op for $475! Enough said. 2) Victorian Furniture: It is never out of style, and I just bought an Elizabethan Revival hall chair for $60. 3) Toy Trains: Old school, but still more fun than any video game and, besides, you learn how to wire things. A bargain! 4) Christmas: My old friend Jim Morrison at the Christmas Center has always inspired me to add classic Christmas ornaments to my tree. Today, as families downsize, it is a bargain. 5) Painted Furniture: Remember when a grain decorated dry sink was $1,500 or more? How about $125 at Adamstown two months ago! 6) Political memorabilia: Okay, maybe too sensitive for most of us, but I do love holding political tokens from the campaign of 1860! Go, Honest Abe! 7) Pre-1890 China: This is just nuts! How about assembling a set of Flow Blue or Onion Blue or Transferware. You can do it in a heartbeat and for no money. Mix and match. It gets even better. 8) Firearms: Never really ever a bargain, but I think there is a real softening in classic Winchester and early handguns. These are fun to shoot and wonderful to collect. 9) Regional Art: I remember when paintings by Harrisburg regionalist painter Ira Deen routinely brought $500-$750. Just saw two sell for under $200. Collect art from your hometown. 10) Garden Stuff: Old concrete? Really? Yard sale season is here, and lots of really cool garden art is on the market. I see it at auctions and the flea markets, and this is an area where everyone can find something they like. So hunt for those treasures now before the market rises! Born to collect should be the motto of Peter Seiberts family. Raised in Central Pennsylvania, Seibert has been collecting and writing about antiques for more than three decades. By day, he is a museum director and has worked in Pennsylvania, Wyoming, Virginia and New Mexico. In addition, he advises and consults with auction houses throughout the Mid-Atlantic region, particularly about American furniture and decorative arts. Seiberts writings include books on photography, American fraternal societies and paintings. He and his family are restoring a 1905 arts and crafts house filled with years worth of antique treasures found in shops, co-ops and at auctions.
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