The auction world can even seem like a mysterious culture especially for newcomers who want to participate in selling and/or buying. But have no fear - below is a glossary of frequently used auction terms that can be referred to by novices and veterans of the auction business alike.
Many of us have a large quantity of belongings that must be sorted and evaluated. What is an excellent early step to alleviate some of the burden? Hire a professional appraiser who can both catalogue and provide an unbiased opinion on the value of the property.
Estate sales have become increasingly popular in the past decade with Baby Boomers downsizing and the growing popularity of a “less is more” lifestyle. The brevity of the sale is often a relief to the overwhelmed owner or relative. However, it is important that valuable pieces do not fall through the cracks with a dealer or picker benefiting from the mistake.
Not all Certificates of Authenticity are created equal. In fact, very few of these documents provide the seal of genuineness and added value that they denote. The expression “caveat emptor” extends not only to the artwork but to the certificate as well. Learn about what to look for in a legitimate COA.
Unlike the famous Stevie Wonder song “Ebony and Ivory,” ivory is no longer living in harmony in the eyes of the U.S. Fish and Wildlife Service. Many clients are surprised to discover the many rules and regulations surrounding the sale of decorative objects and musical instruments that have an ivory component.
What is brown furniture you may ask? It’s a term commonly used for carved wood furniture mostly made in Europe or America during the 19th and early 20th century. Reports indicate that brown furniture prices experienced an average loss of 50% in value in the past five years. What happened to these poor wooden creatures?