When writing a resume for the position of an antique dealer in 2019, it is necessary to describe not only the key knowledge in the field of antique goods, the perfect knowledge of the methodology of evaluation, which allows you to establish the objective costs of operating goods. For this, the antique dealer must have profound knowledge in the field of art studies, numismatics and other special sciences that study ancient subjects, allow them to evaluate them and determine their market value. You can add a description of specialized skills in the field of antiques, as well as a deep knowledge of the various tools in this field. In the resume, you can add unimportant skills that are not related to the specialty but are very important in the professional plan.
Analysts note the steady increase in prices for antiques. That is why this market is so interesting for investing, it also works for an antique dealer. Also, on average, every old thing rises in price by 20-30% per year, and this is a good profit. Therefore, the older the antique exhibit is - so it will be more expensive with each passing year.
Who is the antique dealer, what is he doing and what he is studying? First of all, he studies the value of antiques, the current price, quality and other, not less important aspects of these valuable things. What can be considered an antique, and what not? By definition, antique items include ancient things that are more than 50 years old. What are these things? First of all, it is furniture and household items (utensils, vases, vintage machines), books, icons, paintings, porcelain ware, glassware, silver, coins. However, as in any investment - investments in antiques have their pitfalls. For those antique dealers who are counting on a quick return on investing in antiques, it's not suitable because it's a long-term investment, with interest growing every year. Also, to buy antiques, you need free cash and a lot. Therefore, buying antiques for the last money in hopes of successfully selling and earning - most likely, fail.
Of course, for a great deal of waste, an antiquarian dealer finds a really valuable thing, you need to have real experience. So go swimming in the vast sea of antiques, if you do not own such a gift - it's risky.
Also, those people who are serious about investing and are looking for a potential direction that will bring you a good profit in the future - such people can not do without the help of an antique dealer.
Another important point in antiques, especially in paintings and icons - there is a large number of fakes. Therefore, it is better to buy at special auctions, where each exhibit is carefully checked. Also, because pictures and icons are expensive, they are often linked to crime, abductions from museums or private collections. Be vigilant, investing, consult with experts, art critics about the subtleties of this business.
Why do you need an antique dealer and what do they do?
An antique dealer works with antiques worth 60 thousand dollars, and their commission is 1- 2% of the cost of the exhibit. If you need an examination to determine the authenticity of the product or an official document - it will amount to 5%. However, you may not need any antique dealer that understands the history of art. You need an antique dealer who can evaluate the profitability of your investments - choose the right direction, help you choose the item, make the right deal, estimate how much this thing will price the product to maximize its profitability. He will also be able to help with the restoration of the item, if necessary, to store it.
Should I contact an antique dealer?
In addition to the private antique dealer, there are also investment funds that act as dealers, advise the client, buy and sell items on his behalf. They also perform restoration and preservation of objects, analyze the market, providing the client with the necessary information. Some banks have opened special departments - art-banking, which also provide advice to clients, necessary loans, and analyst. An experienced antique dealer advises that it is better to buy or sell, or just change in the collection.
By investing money on the way, without a piece of professional advice, you are at great risk because the dealer market is risky and sometimes you can make up to 500-700% of profits on the counterfeit, while from the usual thing only up to 30%. So do not get in touch with the so-called "black" antique dealer, if in doubt - it's best to always check it out.
What is more profitable to collect a collection or to buy individual items?
The right collection will always be appreciated above a particular subject. However, some items are expensive. The value of such items will depend on their total number in the world, and the less they are - the price is higher. The most valuable items in antiques are money. Ancient silver or gold coins are valuable even because of their material. And if even their circulation was small, then the price of the coin increases. This may be commemorative coins or coins of the monarch who did not rule long. Awesome fact, but the errors here are more expensive. If there is an error on a paper note or coin - its price will be higher than the same bill but without error.
Should I buy young artists?
By investing in young talents, you need to understand the principle of their advancement. It will not be easy to buy here and wait for the author to become famous and it will be possible to sell his paintings dearly. Young artists need to plan their success and participate in their advancement.
Exhibit their works in salons, galleries, exhibitions, actively advertise, If the artist does not rotate, the value of his work will be very low. Is it only after his death, the price will start to rise? Since, as it may seem, it does not sound cynical, but he will not create anything new, and now all his work becomes valuable.
What is fashionable and prestigious to buy?
Oddly enough, the antique business also has its trendy trends. And although nobody is taken to predict them, because in each country the fashion for antiques is different. And what was fashionable yesterday can today simply vanish and not be sold. Although there are famous exhibits that are recognized all over the world and their price increases every year. But such exhibits can afford to buy a decent investor. To date, the fashion trend is ancient paintings and weapons. Very valued weapons of Napoleon's time - pistols and swords, rifles and swords.
Where is best to buy antiques?
As we showed in the example at the beginning of the article - you can buy in specialized markets, there are good exhibits. But the revenue for such goods will not be high. For those who want more profit - the best place is auctioned. Buying the simplest item at these auctions already carries an invisible stamp that this thing is expensive and valuable. And so selling it can be much more expensive, even if the evaluation of an antique dealer will below.
Investing in antiques is a long-term investment, on average 8-12 years or more. Therefore, by choosing the direction of investing, consider this aspect and make your best choice.