Are printed antique price guides still accurate for valuing items?
Asked by sitecontributor|Magazines and Papers
Answer
BidBuySmart
Price guides are useful starting points, but they have limits. The prices are often compiled from past sales or dealer asking prices, may be a year or more old by the time you read them, and rarely account for your item's exact condition, region, or demand right now. Some categories have changed a great deal in value over time.
Use a guide to identify what you have, learn the maker, pattern, or period, and get a rough sense of whether it is a common or notable piece. Then check recent sold results for comparable items, which reflect what buyers actually paid.
Remember that the price printed for an item is not what a dealer will pay you. Dealers need room to resell, and auction results vary. For anything that seems significant, a qualified appraiser or experienced auctioneer can give you a more reliable opinion based on current market conditions.
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