Can You Make Money Selling Antiques

[Rell Jette]

Ifyou rely on your big ticket items to make your money, you will likely have to go a few months without turning a profit. Big ticket items take longer to sell, so stock up on the smalls and medium sized items to keep you going in the meantime.

I know some very successful mall sellers who aim to have 40 new items stocked in their space every 2 weeks! They are committed to giving their customers fresh inventory to dig through, and their strategy works! Things fly out of their booth.

Much like the buy in bulk, divide, and re-sell strategy, this strategy involves finding regular things for cheap, giving them a little bit of a facelift, and then selling them for 4 to 5 times more than what you paid.

Melanie I'm so glad I found this post! I'm a new vendor I've only been at it two weeks. There is so much to learn it is a lot more challenging then I imagined but I love the creative experience. I needed your words of wisdom so badly bless you for sharing them. Happy Hunting Everyone!

Hi Melanie! Excellent tips for running a booth business! I'm in the process of writing a post about that vey thing & am linking to you. The post won't be published just yet, but if you do not want me to do that, let me know!

Antiquing today may offer some of the most attractive buying opportunities the industry has seen for decades. There are thousands of antiques and vintage shops, malls and shows across the nation, but many high-quality artifacts have fallen out of favor among collectors and decorators, which has led to drastic decreases in their market prices. Art market website Artnet, for example, reports an eight-piece set of George III dining chairs, once valued at $8,000, selling for less than $500 today.

A permanent storefront gives dealers the opportunity to create a memorable shopping experience, but it also increases overhead costs. A rent or mortgage payment increases the amount a dealer will have to make each month, just to break even. Still, in an area with high foot traffic and an interested client base, a physical location can give shoppers the chance to see your antiques in person, which can greatly increase sales potential.

At the same time, selling online allows less opportunity to create a brand for your business; buyers are less likely to remember the name of their dealer and more likely to remember the name of the platform they used to browse merchandise. Still, the most effective online sellers take excellent photos and write accurate, detailed product descriptions.

In general, antiques are rare items older than 100 years. An item older than 50 years but not quite 100 is considered a collectible. Collectibles can sometimes have considerable value but, when looking to turn a profit, it can pay to know the difference between the categories.

Those who specialize can get intimate with a particular type of antique or time period, which can offer an advantage when scouring yard sales, thrift stores, or consignment shops for a special antique piece, where a discerning eye can pick out an underpriced diamond in the rough.

Once you start finding pieces, you can check out online antique malls like GoAntiques, The Internet Antique Shop, or Ruby Lane for similar pieces, to gauge buyer interest, and identify potential sales prices.

You made a good point that being knowledgeable about time periods is a good way to spot valuable antiques. Maybe I should start doing more research if I want to start collecting antiques in the future. Making sure that I get good value purchases every time I go to an antique shop would surely be golden.

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The third option for selling your antiques and collectibles for a profit is to team up in an antique shop that rents space. The rate is typically per square foot and the amount of space you can rent will vary depending on the antique shop and space available.

Along with your base rent, you do need to account for other expenses such as commission. Most antique shops will also charge a commission on your items that sell. This rate is typically 10% but again could be higher depending on your location. You may also want to find out if the antique store charges credit card processing fees or requires you to work a certain number of shifts at the register.

Now it comes down to you and the items you have for sale. If your items are priced right and presented well they should eventually sell in a well-managed antique shop. If you find some of your items are not selling as quickly as you had hoped try repositioning them or adjusting the price.

The ability to make money from your antiques and collectibles is there, you just need to determine how you want to sell them. You can offload them at a steeply discounted rate. You can split your profits with consignment. Or you can rent a booth at a fraction of the cost of opening your own shop.

Vintage Garage Antiques in Clarkesville, Georgia specializes in renting booth space so vendors can create their own spaces. This gives vendors the ability to take pride and ownership of having a mini antique shop without all the overhead and expectations of a brick-and-mortar business.

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Take my 5-Day Ebay Vintage Seller Challenge and go from zero to fifty in five days as you learn all the steps you need to take to start selling on eBay, including selecting an item, weighing it, photographing it, listing it, and shipping it.

Depending upon where and how you sell, handcrafted items with a vintage look or using vintage materials may provide a good source of inventory. Check out all of my projects to see which might fit in with your vintage aesthetic. Many have corresponding tutorials in my Member Library (join here) that you can print out and have on hand.

Nothing gets my heart pumping like a nice pile of vintage-looking trash by the side of the road. Read all about my curbside shopping adventures and get my tips for find awesome vintage and antiques. The post has a short video of one of my curbside shopping adventures.

Learn more about Christmas collectibles in my intensive Very Vintage Christmas course, which looks at the history of Christmas decorations and focuses on three specific collectibles: mercury glass garlands, Putz houses, and bottle brush trees.

Learn the six questions you should ask yourself whenever you are thinking about whether to buy something. These questions, related to age, desirability, condition, uniqueness, and price, are essential considerations that every vintage seller should ponder before making any purchase, especially expensive ones.

Most venues that sell vintage and antiques, be it a garage sale, an antique shop, or a flea market, expect a little negotiation over price. Learn the art of haggling from an expert (me!) in a blog post I wrote several years ago that still holds true.

As of the writing of this page, I have sixteen blog posts covering topics like how to clean rusty metal, antique ironstone, and grungy novelty candles, along with posts on how to revive dry wood, repair wobbly legs, and remove scorch marks on linens.

Learn about all the products that I (and many other antique dealers) use for cleaning, repairing, and caring for my vintage and antiques. It contains related links to blog posts that talk about each item.

Starting to buy and sell antiques is now easier than ever. With a worldwide market valued at an astonishing $13 billion, growing annually by 7%, the potential to capitalize on this profitable industry is practically infinite! So why not join in?

How to sell onlineTips from e-commerce experts for small business owners and aspiring entrepreneurs. SubscribePlease enter a valid email address I consent to receive Ecwid Newsletter. I can unsubscribe anytime.

Make use of available online and offline resources, as well as by getting in contact with local antiques dealers to build a network that can refer customers to the best person for their needs. This will help you create an extensive system of experts who are committed to providing high-quality service.

Unlike stores that stock large amounts of similar products, antique shops are known to deal with unique pieces or a limited quantity. As such, investing more time and effort into searching for new inventory is inevitable in this trade.

Flea markets can be the perfect place to pick up antique treasures, often providing a faster shopping experience than thrift stores or yard sales. In addition, these shops are more likely to have vintage items such as antiques for sale.

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