mcurran
Cadet
- Joined
- Dec 13, 2017
I like collecting for pleasure, but it would also be cool to buy/sell some items to make enough money to buy more stuff! The best of both worlds!
As far as making a profit on buying/selling, it appears to me by what surface browsing I've done on listed and sold items, it looks like the best way a profit is made is by 'buying low' from a reputable dealer [a quality item being sold below market value] and selling high through an auction house.
There seems to be a pretty big gap between what items sell for from dealers and the prices being fetched by auction houses. That gap is the profit margin, and I am assuming this is how investors make a profit in buying and selling CW antiques.
One could also get lucky and find an estate sale but usually an auction house and appraisers are involved so chances of getting a good deal seem slim unless you bought a whole collection at a below market price.
As far as making a profit on buying/selling, it appears to me by what surface browsing I've done on listed and sold items, it looks like the best way a profit is made is by 'buying low' from a reputable dealer [a quality item being sold below market value] and selling high through an auction house.
There seems to be a pretty big gap between what items sell for from dealers and the prices being fetched by auction houses. That gap is the profit margin, and I am assuming this is how investors make a profit in buying and selling CW antiques.
One could also get lucky and find an estate sale but usually an auction house and appraisers are involved so chances of getting a good deal seem slim unless you bought a whole collection at a below market price.