Know the Worth of Your Collectibles

A lot many people these days are interested in collectibles. They like to collect rare and quirky items. Sometimes vintage furniture lying in your attic or the one you inherited is antique and could fetch you pretty good amount. Antique jewellery, watches and paintings are popular among collectors and at auctions. 

If you have some collectible item/items like antique jewellery, watches, paintings or any other art piece or collection, lying in your attic, then get in touch with Prestige Valuations for antique valuation. Experts at this valuation service provider ensure that you get to know the actual worth of your item/items.

The worth of a collectible item depends on its age, exclusiveness or rarity, look and appeal and demand.

When a Collectible Becomes Antique

Many a times, collectible and antique words are used interchangeably, though a collectible might not always be an antique. Items collected over time, which usually date from the 1920s onward, are put in the category of collectibles. Such items could be chinaware, jewellery, art, coins, maps, watches and many more quirky items. A collectible older than 100 years is antique. So, antique items are typically over 10 decades old.

Exclusive & Rare Items

Some items that are rare and exclusive and have some quirkiness to them, easily grab the attention of the collectors. Diamond studded furniture is perfect collectible that can fetch a huge amount at an auction. Demand and scarcity can make an ordinary item highly collectible. This means that a deeper research is required to find out whether an item is rare and quirky collectible. 

Age Does Matter 

Age is the most important factor and plays a crucial role in deciding the value of a collectible item. This rule - the older items will value more – doesn’t work always. Age definitely must be considered but demand in the market and scarcity, too are very important factors that play a crucial role in deciding the value of an item. First it’s the age that should be considered but at times if there is a great demand of something in the market and the item is scarce, then that particular item can fetch a huge amount. 

What is the Condition?

The condition of the item matters the most. It doesn't have to look like all new as over the years it is bound to suffer some wear and tear. But an item in a good condition will fetch more interest and in turn better price. Scratches are bound to decrease the value of antique furniture. The price you get will also go down if say an original painting has been tampered. It is suggested that you must not try to repair any damages yourself rather let an expert handle it.

Market Trends

Whatever trends in the market, becomes more in demand as collectibles. These days vintage is becoming popular and is gaining popularity in the auctions and collectors' circle too. Be it crystal ware, glassware, jewellery, paintings or any other forms of vintage art that is valuable makes for a collector's item.