How to Start Buying Antiques at Auctions
If you are an antique collector, you can get great one-off pieces at auctions. However, we all know that auction buying can be intimidating, and getting the best antique deals needs a solid strategy.
The following are a few tips for buying so that you get yourself your dream antique:
Check Out Auction Catalogs
Your first step should involve checking out the auction house catalog online to see if the items on display excite you. You can also contact the auctioneer if you need more information or photos of the antique on display. Ask as many questions as possible to gain critical information that informs your buying decisions.
Work with a Reputable Auctioneer
It will be more beneficial to work with an expert when buying antiques, especially if you are a new buyer. A auctioneer can advise on how to get the real deal and if the item you purchase will increase its value in the future.
Go for What You Love
Buying antiques is a matter of personal choice. Ideally, the antique market keeps changing, and the items you are holding can come in and out of fashion pretty fast. This means your antiques may take longer to sell. Buying what you love means you will enjoy its presence in your home if you fail to sell quickly. If you love the item and it is within your budget, get it!
Avoid Fake Antiques
You will need to be aware of fakes during your purchase process. If you doubt an item’s authenticity, seek the help of an expert who will inspect the item correctly. You should also research the tell-tale signs that help you spot fakes. Besides, it also pays to ask the auctioneer for evidence that the relic is genuine.
Consider Your Budget
It’s no secret that antiques can be expensive, and it is best to create a budget and adhere to it. A budget helps you put a limit on your spending to avoid financial troubles. Bidding without a budget can lead to the accumulation of huge debts.
If you need an expert hand to guide you through an antique purchase process, Bodnar’s Auction can help. Our employees are experienced collectors with an extensive understanding of the collectibles and antique markets. So whether you’re selling or buying, there’s always an expert to advise you. Looking to buy or sell antiques in NJ? Reach out to our auction house today!