Have you ever wondered how you can get into antiques, or collecting art? It may have always of interest to you, but you may not have been able to think how on earth you can get started. This guide should help. We have put together some simple steps that will give you the advice that you need to begin your adventure into the world of antique collecting.
Do Your Research
Before you visit an auction house, and even before you decide to visit an auction house, the most important thing to do is to research the field. The more you know… well… the more you know! You will have more of an idea about what to look out for, how to spot a bargain and how much you should pay for certain items. This will make sure you don’t pay over the odds and get stuck with something that you simply can’t shift.
Another aspect of your research should be visiting auction houses and restraining from buying anything – although this may be hard. This will give you more of an idea about how everything works, what mistakes people make and how you can avoid making the same mistakes. You will be much more able to keep your cool if you are well versed with the proceedings.
Set Your Price Limit
You really need to make sure you know how much you are going to spend on a certain item – and stick to it This will make sure that you are not blowing your budget each time you visit the auction house. You will need to be quite disciplined, because very often you will find things you love going for a slightly higher price than you were prepared to pay, but if you keep pushing your budget upwards, you will find you are suddenly overpaying for everything you buy. If you don’t get it, don’t sweat it – another item that you want will come along soon.
Only Buy When You Love It
When you are ready to start buying, the key is to only make a purchase when you absolutely love an item yourself. Don’t buy it based on the fact that lots of people are bidding for it, and don’t buy it because it is a certain name and you think you ought to get it, even though you hate it. At the end of the day, if you end up with something that you didn’t quite expect, but you love it, it won’t be disappointing when you can’t sell it on and are stuck with it. If you are building a collection, you need to have items that you yourself are proud to show off in your own home.
Build Up to the Big Stuff
Start off by buying small things for a low price. This will have the advantage of allowing you time to get used to the whole process before you start spending hundreds of pounds on your items. You know what they say – practice makes perfect and with antiques collecting, this is no exception to this rule. If you practice on things worth a few pounds, you won’t be so hot headed when it comes to purchasing the really expensive stuff.
Check the Condition of the Item
One thing you need to be very aware of is the condition of the item. This will affect the price hugely, and may also affect your ability to fall in love with the piece once it is in your home. If it has taken a bit of a beating over the years, this will wipe a lot of value off the item and may well make a lot of collectors think twice. So, something may look like a bargain, but in actual fact, there is a reason that other collectors don’t want it. Examine each piece closely before you buy and you should be alright.