Wednesday, May 18, 2011

BMW's, A Secret Initiation Chair, and The Rising Market

Here are a few more new additions… We have just received a rare late 1960’s BMW, 2-seater convertible, which qualifies for vintage racing or just cruising on a Sunday.  We’ve got a fabulous 6 door golden oak ice-box ready to go in the pantry.  There is a secret society, very rare, initiation chair that shoots a 32 cal. blank when the mechanism is tripped, Circa1903.  You can imagine-it gives an extreme scare!

On another note...I have noticed that the crowds at local antique fairs are growing all over the country.  The change in weather, too, is bringing out everyone from a long winter.  The people are buying.  Dealers are all reporting good sales in most areas.  Industrial items are staying hot in the cities with their popularity in lofts and warehouses.  However, fine decorator items and unusual things lead the list.  Paintings following next...

Local and regional auctions are also reporting good sales on the same items, but are also seeing occasional big spikes on rare pieces. 

A Chinese vase sold for 100 times the estimate in Buffalo, New York, after tremendous world interest, achieving over 1 million dollars.  There was also a report in New York of a rare, collectible astronaut suit selling for over $25,000.  Tiffany windows and lamps are also on the rise again. Recently auction houses have recorded sales of Tiffany windows selling in NY for over a million, and the more common lamps (acorns, etc) changing hands in the mid-teens. It looks as though antiques and collectibles are finally on the rise again. Invest in the past.

-The Red Baron

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