Breaking Myths On The Auction Process

Auctions are generally associated with being strictly for the richest of the rich, and while there are a lot of options out there specifically catering to this clientele, there are also a variety of different options up for sale that can match different, more reasonable price ranges. This is only one of the major myths surrounding auctions, but this is a positive example. Auction appraisals and the auctions themselves in Fort Lauderdale aren’t always going to be as seamless as they seem in pop culture, so here are some of the things you should keep in mind.

For example, not only are there plenty of auction options for people looking for more modest options, it’s not just experienced art and memorabilia collectors who are visiting auctions as well. For example, roughly one-third of Christie’s online bidders are under the age of 45, with many of them just starting to get into collecting. Some good places to start getting used to the auction world are with wine, photographs, and jewelry prints.

Another thing that you may not realize is that for art and other auctions, online bidding is a major possibility. Using online platforms, you can connect to different auction houses to see what their offerings are, and even participate from your computer or phone. On this same subject, a lot of auction veterans have their bidding planned well in advance. Remember, a lot of galleries and auction houses will be open to looking at prior to the actual auction day so you can familiarize yourself ahead of time with what you want to buy. Remember, buying art or historic pieces is like an investment, and you want to have all the information on hand before you buy.

As a final note, the pop-culture trope of someone getting in over their head on an auction, only to need to return the item, doesn’t really work out in practice. The whole “buy and try” policy for auctions doesn’t work out in practice, and only in extreme cases can you return your purchase. The bulk of auctions you buy will have something called rescission rights, which only apply for pieces that are damaged or not as described. An auction is a binding contract, so be sure to treat it as such.

With this said, there are a few things that do hold true when it comes to auctions, with one such example being that its good to act fast. So, whenever you decide to get started in the auction world, or if you’re already experienced, don’t be afraid to act on that instinct (provided that you have the budget for it).

How to Spot Real Wooden Antique Furniture

It’s a frequent sight to see wooden furniture being sold at antique auctions at places like Dania Beach and all over the rest of the world as well. Another common place to find old wooden furniture being sold is at garage sales. Some of the furniture found at these garage sales looks just as old and ornamental as the items being sold at auction. Therefore it stands to reason that someone might wonder how to tell the difference between old furniture being sold for $50 and old furniture being sold for $10,000.

From Dusty to Desirable

A good place to start is by distinguishing the difference between something that is just old and something that is a priceless antique. While there is no industry definition of when an item crosses over and is no longer just old, some of the standards used are that the item needs to be at least 100-150 years old. Technically speaking though, an antique is any item with extra value assigned to it due to its age.

What to Look For

When trying to distinguish the authenticity of wooden furniture, a good place to start is by examining the type and condition of joint used to fasten the fixture together. This is really handy for any item with drawers in it, as these can be easily taken out and examined. What you’re looking for is a dovetail joint, which has been used in furniture since before the 19th century.

Just as important as the presence of a dovetail joint is the condition of it. Any joint from a piece of furniture that’s supposed to be from the 19 century or older will have been done by hand. This will result in slightly unequal and uneven joints in the same project. If the lines seem perfectly straight and equal, then there’s a very good chance that item was made sometime in the 20th century or even later.

The type of wood used is another great indicator of age. Much older valuable pieces will often involve the use of at least a couple different types of wood. This is due to the fact that using a valuable wood on inner or bottom pieces was financially illogical since those areas would be seldom seen. If you examine the furniture and notice different woods on the bottom, then it’s a likely sign that it’s quite old.

The last big thing to look for when determining age is general wear and tear. No item that was built 150 years ago survives this long without incurring some pretty significant wear and tear in the commonly used components of it.

Why Consider an Antique Auction for Your Next Purchase?

Antique auction houses in Dania Beach offer buyers a unique opportunity to explore rare and authentic pieces. These sales often have a greater selection of unique goods and for reasonable prices. Although there are many reasons to visit one this article highlights the top reasons why everyone should consider one for their next purchase.

Variety

Oftentimes, these facilities have large quantity of goods. This means, buyers will have a large selection of items to pick from. Not only will there be a large variety of items for buyers to select from, but the items that these houses carry have been carefully chosen. This means, that the items within the house are of high quality. Unlike other types of sales, these facilities only carries rare and unique items. This makes it an ideal choice for consumers who seek something that is one of a kind.

Price Transparency

When compared to private sales (where the final price of the item may not be disclosed), the price will always be known. This means, you can feel comfortable with paying for the item at a price you have decide on. As well, you don’t have to worry about overpaying for a good or being pressured into a sale. These locations do not have pushy sales people, or sneaky sales tactics to get clients to buy. Rather, you can place bids on items you enjoy, and at prices that the bidder feels comfortable with spending.

Value

When the prices of items are transparent, buyers don’t have to worry about overpaying for an item. This means, that buyers will be getting value for the purchase. Buyers won’t need to worry that they are not receiving a good deal, as they will be in charge of paying a price that they feel comfortable with.

Quality

These facilities guarantee a piece’s authenticity and quality. As well, if there are any defects in the item, it will be fully disclosed in the items description. Unlike other types of shops, visiting one guarantees the item is a quality piece. Most of the items have been appraised prior to being put up, which ensures it is a quality piece.

Expert Knowledge

Rather than trying to navigate crowded stores or searching online, these facilities have expertly trained professionals on hand at all times. Not only have the items placed up for sale already been expertly vetted and approved, but their expertise will be further used to guide bidders through the purchasing process. This means, bidders will be able to ask questions about the item prior to placing a bid.