So you have decided which method you will use to sell your antiques and collectibles now you just need to determine the value of the pieces. I have quite a few resources on my website that you can use to find the value but I will also give you some tips below.
If you want the value to insure an item I recommend getting a written appraisal. This way if you do need to make a claim on this item you already have the appraisal in place. If you want to find the sale price of an item then you will need to do some research.
Get our and visit some antique shops and see what the same or similar items are selling for in your area. This is especially helpful if you are planning on selling through the local newspaper.
If you are going to sell your wares online you need to research what you have so that you can write a good description of the item. There are books on just about every type of antique and collectible so your first stop should be the local library or large chain bookstore.
Once you know what you have you can then look online and see what others are selling the same or similar items for. If you are going to sell your wares on eBay look and see what it is selling for there. Don’t look at what folks are asking for a particular item, look at the closed auctions and see what prices the item has brought in the recent past. Some of the large live auction houses will post their closed auction prices. These prices include the buyer’s premium which is a cost the auction house charges the buyer on top of the closing auction price. The buyer’s premiums have gotten out of control and some houses charge as much as 40%
You can always look in published price guides to get a “guide” on what something might bring but remember that price guides are simply that…. Guides to prices. This is often referred to as “book value.” I am a tad cynical about book values and feel that price guides are simply a means of running the price up on a particular line of antiques and collectibles.