Getting the Most Money for Your Collectibles
For Immediate Release – October 10, 2011
Denver, Colorado
The Society of Certified Senior Advisors has released an article that discusses what to do when it comes time to sell your collectibles. Typically, collectors sell when they downsize their homes or are in need of money, or the collection may fall into the hands of heirs. Whatever the situation may be, determining the right price and finding an avenue for selling the collection are the two big factors in a successful transaction.
Excerpts from article:
Because collections and family heirlooms hold emotional value for the collector and/or family members involved in the sale, Consumer Reports’ Shop Smart magazine recommends a thorough information-gathering approach to selling:
Get some free advice
Many antiques and collectibles dealers are willing to authenticate pieces free of charge. Call a shop in your area to see if it offers this service. Resist the temptation to sell your valuables to the dealer without verifying the price they quote, or you may not get the best deal.
Consult price lists
To ascertain the real value of your item, Consumer Reports recommends visiting your local library and consulting collectible price guides, such as the "Kovels' Antiques & Collectibles Price Guide" and "Collectibles Price Guide." (www.kovels.com) is highly recommended by many sources.
Determine the going rate
Don't assume that the price listed in the guides is the maximum you can expect for your collectible. The antiques and collectibles market is subject to fads and items frequently go up and down in value based on demand. To determine the going rate for your collectible, find out what it's selling for on eBay, Kovels.com, and other online dealers.
This press release contains only small excerpts from its original source. To read the full length of Selling Your Antiques visit our Social Interest Library.
The Society of Certified Senior Advisors (SCSA), provides free resources and tools for our members as an ongoing commitment that we have in helping professionals to understand the complex and dynamic lives of modern senior citizens.
About SCSA
SCSA's mission is to educate professionals to work more effectively with their senior clients. For those who work with seniors, this means understanding the key health, social and financial factors that are important to seniors—and how these factors work together. For more information about SCSA and its educational course, please visit www.csa.us.
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Contact:
Erica Ananich, SCSA
p: (888) 538-2599
e: society@csa.us
www.csa.us
www.csa.us/blog
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