Showing posts with label family. Show all posts
Showing posts with label family. Show all posts

Wednesday, September 22, 2021

Downsizing Antiques and Collectibles

 

QUESTION: For the past 53 years of our marriage, my wife and I have inherited, purchased and collected a complete household of Victorian and related historical furniture, heirlooms, decorations, accessories and more. Since we both are in our late 70s, we expect to be selling our Neo-Victorian house in the next three to five years, and that means making the considerable effort to sell, donate and otherwise dispose of all these wonderful furnishings. Could you advise us about the best way(s) of selling or otherwise disposing of our items? 

ANSWER: For older folks, disposing of antiques and collectibles is a common problem today. While the process may seem daunting, it’s not impossible. Buying and gathering items over the years seemed effortless and fun. But the years of enjoying your antiques and collectibles is really what it’s all about.  

As older folks start to de-clutter and downsize, most attempt to give their prized possessions to their children, if they have any. But many of today’s middle-age children aren’t interested. Either they have families and possessions of their own or don’t want any more stuff. Those in their 30s and early 40s are more transient or living in small condos rather than buying large homes. They want to be able to move easily from city to city to find jobs that will advance their careers and don’t want lots of collectibles or large pieces of antique furniture that they’ll have to pay to move.

And single older people also face this same problem. In their case, they don’t have children and must consider other ways to dispose of their possessions.

Either way, both groups may have family members who want specific heirlooms and/or collectibles. So once you take inventory of what you have, you may want to contact members of your greater family to see if they may be interested in any antiques or collectibles you may have to see if they’re interested.

But don’t be offended if no one wants your items. Remember you don’t want to burden your children with items they don’t want. Let your children decide what they want, just as you were able to decide that you wanted to collect.

Once you know what items other family members want, make a list of what’s left and divide the remainder into groups of items that you might offer to friends, donate, throw away, or attempt to sell. For those items you decide to sell, be aware that your heirlooms and collectibles may sell at a much lower price than what you think they’re worth, or not at all.

The antiques market has been hit hard since the 2008 recession. Baby Boomers have inundated antiques stores with their castaways. The generation that’s buying and/or collecting antiques is also the one that’s trying to sell them. 

Most older people only plan how to dispose of their antiques and forget about smaller items. Unless these are collectibles, it’s probably best to donate them to Goodwill or church sales.

Where to sell antiques depends on how many and what type of antiques you own. Some people have dozens of items while others only have a piece or two. You can either opt to sell antiques online or find a way to get rid of them locally. Either way, your decision on where to sell will affect into how much money you can get for them.

First, determine what your antiques or collectibles are worth (Learn more: “What’s It Worth?” and “You, Too, Can Determine If What You Own Has Value”) Next, decide whether you want to sell them wholesale or retail. 

The first place people think of selling antiques is to local antiques dealers. If you walk into an antique shop with an item for sale, the dealer will likely offer to purchase it for half of what it’s worth (wholesale), that is if he or she is interested. If they’re not interested in purchasing your item, they may even recommend another dealer who might be. 

An alternative to selling directly to an antiques dealer is to consign your antiques to a consignment shop (retail). This type of shop differs from a regular antiques shop because all the items inside are for sale on consignment. You agree on a price and the shop owner puts it in their store for sale. You get paid when the item sells, minus the owner’s commission which usually runs around 20 percent or more.

The Internet has changed the way people buy and sell antiques and collectibles. It has made it easier to discover how much an item is worth, which makes selling antiques much simpler. Because the Internet allows access to more buyers, theoretically you could get more money for your antiques. However, you’ll also have to consider shipping costs which could be considerable for larger items. Plus, it will take a while to learn how to sell your items online. 

Selling antiques on eBay is probably the easiest way to get started selling online. You’ll be able to put your collections in front of thousands of people without having to have an antiques business. Another possibility is to sell your items on Etsy.

If you have something particular to sell, it might be worthwhile reaching out to some antiques dealers on the Internet who sell that particular type of antique or collectible. Check out their Web sites and shop policies to see if they purchase items from the public. And as with local dealers, you’ll probably only get half of what your items are worth, but you’ll save time and listing fees in favor of an immediate sale.

Social media sites like Facebook offer selling options as well. Facebook Marketplace is a good place to sell individual items, including antiques, but don’t expect to get top dollar.

If you have a lot of lower-end collectibles you want to sell, consider renting a space at a local flea market. But remember, most buyers here will be looking for a bargain and is often part of the sales process.

You can get rid of older items that don’t have too much value by holding a garage or yard sale (Learn more: “So You Want to Hold a Yard Sale”). Use keywords like “antiques,” “vintage” and “collectibles” in your online listings for the sale to attract the right buyers.

If you need to clear out an entire house, seek out a reputable estate sale company. Different companies may offer different packages depending on the estimated value of the house contents.

If you have valuable items or collections you want to sell, consider listing them with a local or national auction house. Well-advertised auctions are a great way to sell a specialty item. If you’re worried your antiques won’t sell for market value, you can always put a reserve price on them. Remember, you’ll have to pay the auction house a commission on the sale.

To read more articles on antiques, please visit the Antiques Articles section of my Web site.  And to stay up to the minute on antiques and collectibles, please join the over 30,000 readers by following my free online magazine, #TheAntiquesAlmanac. Learn more about railroad antiques in "All Aboard!" in the 2021 Summer Edition, online now. And to read daily posts about unique objects from the past and their histories, like the #Antiques and More Collection on Facebook.







Tuesday, February 23, 2016

Biscuit Tins Never Get Stale



QUESTION: I’ve inherited my mother’s collection of English biscuit tins. She had been collecting them since she made a trip to England at the end of the 1960s. Her collection includes over four dozen tins, some are fancier than others. I love these old tins and want to continue collecting them. When my mother began collecting, she had to buy them during several trips to England. But today, I figure I can purchase them online. Can you tell me more about their history? Also, do you think I can add to her collection?

ANSWER: Biscuit tins are a fascinating part of British cultural history. They’re even tied to the monarchy. And while today manufacturers don’t make them as fancy as some of the ones from the early part of the 20th century, they’re still very popular with collectors. The peak of biscuit tin production ran from the late 1890s to the 1930s. Though originally meant to hold biscuits—the British term for “cookies”—they eventually became collectible works of art in themselves.

The history of the biscuit tin began with the passing of the Licensed Grocer’s Act of 1861 which allowed groceries to be individually packaged and sold. This coincided with the removal of the duty on paper for printed labels, so printing directly on to tinplate became common.

The bakery of Huntley & Palmers pioneered the use of metal tins. In 1832, Joseph Huntley’s son, who founded Huntley, Boorne & Stevens in an ironmongers opposite the bakery, began handcrafting large square seven- to ten-pound tins with glass inset tops for retailers. Grocery store clerks would measure out the amount of biscuits from these tins and place them in a paper bag for the customer. However, they didn’t stay fresh for very long once the customer returned home.

So Joseph Huntley began creating smaller tins without the glass insets so that customers could purchase their biscuits in a container to keep them fresh which they could take home. The tins were of such excellent quality that people began to reuse them to hold other things. The tins needed decoration but the only way to do that at the time was to paint them by hand.

In the early 1860s, all that changed with the invention of direct tin printing. This was a complicated and time-consuming technique. Then along came London printer Benjamin George George (That isn’t a typo.), who invented the lithographic transfer method.

In 1868, Huntley & Palmers commissioned the first lithographically decorated tin using George’s method from the London firm of De La Rue. Buckingham Palace granted the bakery permission to supply biscuits to the Royal Family. In order to create an appropriate design befitting the Royal Family, they hired Victorian designer Owen Jones to create a pattern which they could use on the biscuit tins using George’s new method. The result was a richly decorated oblong tin with the Royal Coat of Arms on the lid, now known to collectors as the “Ben George tin.” 

But George’s direct lithographic process, which involved laying an inked stone directly on to a sheet of tin, made it difficult to line up the colors. The breakthrough in decorative tin plate production was the invention of the offset lithographic process in 1877, which consists of bringing a sheet of rubber into contact with the decorated stone, and then setting-off the impression so obtained upon the metal surface. With this method, printers could use any number of colors, position them correctly, and apply the design to an uneven surface if necessary. Thus the elaborately embossed, colorful designs that became a hallmark of late Victorian biscuit tins became technically possible.

It became possible to make tins in almost any shape imaginable. Biscuit lovers bought baskets, windmills, cars, locomotives, globes, tables, and even mailboxes as much for their decorative qualities as their contents. Between 1868 and the outbreak of World War II, Huntley & Palmers issued around 400 tin designs with a lots of variations.

The most exotic designs appeared in the early years of the 20th century, just prior to the First World War. In the 1920s and 1930s, costs had risen substantially and the design of biscuit tins tended to be more conservative, with the exception of those targeted at the Christmas market and intended to appeal to children.

One of the most unique and most popular of biscuit tin designs resembled a stack of books held together with a belt. This 1901 Huntley & Palmers tin, known as “Literature,” was so realistically done that the covers and spines of the books appear to have been deeply tooled and inked and the page edges convincingly marbled and swirled in a rainbow of colors.

Most popular, however, were the tins shaped like vehicles. It was no coincidence that car, train, airplane, and boat tins bore a striking resemblance to similar toys sold at British department and toy stores since toy companies often crafted them from the same molds they used for their products. An example is Carr & Co's double-decker bus tin, made especially for them by Chad Valley and virtually identical to Chad Valley's toy bus except for the internal clockwork mechanism and different advertising.

But Huntley and Palmers were by no means the only company that made unusual biscuit tins. Some of the other famous biscuit tin sellers were Carr & Company., William Crawford & Sons, MacFarlane, Land & Company., and Peek, Frean, and Company. 

During the Second World War, all production on biscuit tins stopped so that factories and materials could be used for the war effort. When the war ended in 1945, production resumed but the tins weren’t as popular as before the war.

Peek, Frean, and Company, McVitie’s, and Jacob’s all became household names but for collectors Huntley & Palmers stands out. Collectors are particularly attracted to the decorative novelty tins. Condition is of prime importance, perhaps even more so with biscuit tins since they rust easily. Many also become worn or dented, giving the novice collector an opportunity to acquire interesting examples relatively cheaply.

Today, biscuit tins range in price from $10 to $200 online. However, the prices of those in British antiques shops are climbing into the stratosphere. This is due mostly to the antiques tourist trade. The most expensive tin sold at auction for over $20,000.

Tuesday, November 18, 2014

Documenting Your Collections



QUESTION: I’ve been collecting older items for the last 20 years or so. I’ve got several collections of moderately valued antiques, but I have little information on them except my own knowledge. What is the best way to document my collections?

ANSWER: That’s a very good question. Many people enjoy the fun of collecting antiques but don’t take the time to manage their collections. Before you can successfully manage your collections, you have to gather some information on the items in them. And with today’s technology, that’s easier than ever.

Today, more people collect antiques than ever before: Collecting is a personal thing and most people do it for sheer enjoyment. They choose some objects carefully to build or enhance their  collections, acquire others to use everyday, and inherit still others. Each collector treasures each item in their collections, yet many other people don’t understand the appeal or the value of it. But the value of some antiques has been rising steadily over the last decade, so collecting can represent an investment as well. What many collectors lack is a comprehensive record, with supporting documents, of objects they own. As antiques increase in value, it’s important to know about what you own. Even if you don’t think of your prized objects as part of your tangible financial assets, be assured that the IRS, insurance companies, banks, and courts do.

"To document" means to create a record that thoroughly describes an object and which also contains related documents about it, and keep together this record and supporting information on each object.

Some types of documents you already have, or can easily acquire, such as a bill of sale, a note accompanying a gift, a snapshot, a printed description, a program from an exhibit, biographical information on the artist or maker, a description and picture of a similar object perhaps from a newspaper, magazine, or the Internet, a copy of a mark on the object, and others. You can also record the family history related to the object. The objects in specialized  collections— furniture, dolls, quilts, kitchen utensils, guns, tools, even sports and music memorabilia—are prime candidates for documentation. Museums document each object in their collections. So it’s only natural that you should do the same for reasons of insurance, family heritage, preparing for appraisal, certain types of tax benefits, and connoisseurship.

At the very least, you should know what you paid for each object. Some insurance companies require you to put certain valuables, such as jewelry and fine art, on a special schedule. Often they also require an appraisal for the most valuable pieces.

In case of theft, loss or damage by fire, flood or national disasters, you need to prove ownership of any object claimed, and provide descriptions with supporting information in order to be compensated or to help the police identify and recover your stolen valuables. If you cannot do so, you risk loss of compensation in addition to being permanently separated from your treasured object. The more adequate your proof is, the greater the chances that you’ll be satisfied with the compensation you receive. You can spare yourself some of the anguish that comes from experiencing the loss itself, or with an inadequately compensated loss by documenting your objects before the loss occurs. It’s more difficult to document after a loss occurs, and perhaps it cannot be done at all then. You would also be dealing with all the emotions associated with loss of objects, and perhaps your entire home. In your lifetime, expect a possible loss sometime, and prepare for it. Documenting is a great help because it gives you control over the objects in your collections.

Every home has objects of value—whether monetary, sentimental or family-related. Documenting can help you decide which objects you want to give to certain heirs. Recording the provenance and capturing the family history associated with a particular object provides a a more complete picture for yourself and your heirs. Don't neglect to pass on the family stories associated with an object. Don’t depend on those stories being passed down verbally. Write them down. Additionally, family pieces are often carelessly sold or given away because succeeding generations are unaware of their actual or sentimental value. This is often done in the haste to clear a house after a loved one’s death. By documenting, you can assure to some extent that pieces will remain in the family, or at least that someone will make an educated decision before selling or giving away an special object.

If you insure valuable antiques, your insurance company will usually require you to provide them with a professional appraisal. However, not every object in your household needs to be appraised. Documenting can help you decide which objects to have appraised, plus it can also provide the appraiser with valuable information, thus saving time and reducing the cost of the appraisal. The appraisal then becomes part of the documentation on your object.

If you sell an object or give it to a museum or other institution, your documentation can provide detailed information from acquisition to sale or gift, thereby providing you with a factual basis for tax benefits. Museums look upon documentation as a benefit, as it provides valuable family and cultural history about your object for its visitors.

Documenting is a part of connoisseurship, or caring for your collection, thus enhancing your and others' enjoyment of it. You care for your objects by learning how to clean, store, display, or use them, by assuring certain temperatures, or keeping certain objects from direct sunlight. By continuing to learn more about the objects you like to collect, you’ll enhance your enjoyment of your collections.