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Books : How to Make $20,000 a Year in Antiques and Collectibles Without Leaving Your Job |
- Excellent, needs updatingWhy give the book three stars and use Excellent in the review title? This book needs updating. What it doesn't cover could cost you money.
The advice concerning auctioneers is spot on. For an eye-opening account of what two of the biggest auction houses got up to, read: The Art of the Steal: Inside the Sotheby's-Christie's Auction House Scandal, by Christopher Mason.
Most auctioneers are honest. However, auctioneer's are like Realtors - they are effectively paid on a commission basis - it is not in their interest to hold out for the best price for a consumer; achieving volume and an "acceptable" sale price is better than making no sale (of course an auctioneer, like a Realtor, would not stiff the seller to the point where they would loose credibility / repeat business). In your area, you may find auctioneers who sell both real estate and antiques. If you need convincing of this incentive, read: Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt, Stephen J. Dubner. Or, just look at the basis the auctioneer is rewarded.
If you follow the advice in the book for selling venues (and sourcing)and do not consider web sales you will act as a source of cheap stock for everyone else! Example: Yard sell, maximum viewers (100's), antique fair (1000's), eBay/Amazon (millions). I bought an item for 50c at a yard sell and sold for $15 on eBay.
I would agree with everything the other reviewers have said about this book. It contains great advice. Negotiating advice is superb. I would also add that the outlines of possible home based antique businesses provide additional possibilities I hadn't even thought of.
If you are seeking to make money from antiques DO BUY this book, it has valuable advice and is well worth the price. Just make sure you supplement your reading with some basic internet selling advice, either from books (The Tech TV eBay selling or How to do everything with your business on eBay are good starting points), or read the free instructions on eBay and Amazon.
On line auctions aren't always the best bet, but they are a tool that can be utilised to make money from antiques. Great book but does need updating.
Rating:
- I am half way thru with thisThis booke covers all aspects of buying and selling antiques,though it is somewhat outdated(there alot more avenues available for antiques...Internet),It does the job well,the info here on auctions and buying and selling can be applied to anything you might want to sell.Negotiating the best prices is also covered,Book is fun to read and very informative,just needs to be updated to the present year.
Rating:
- A"MUST HAVE" for the professional as well as the part timer!As a seller of Antiques both in my Retail Shop as well as via Auctions this book gives the insight needed as to what to buy, when to buy, when to sell and how and how much to sell for. It gives the hidden pitfalls as well as treasured secrets of this wacky but profitable business.
This should be a Guide Book as well as a Reference Book in any Antique Collector's or Antique Dealer's Library.
It has been written to be understood by all who read and use this valuable book.
At this price, nobody should pass it up.
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