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Antiques Anyone?Antiques Anyone?
Heather said: "I've always liked to watch [I]Antiques Roadshow[/I] and it seems that if you can get your hands on just one or two pieces of art or other collectibles, antiques could be an interesting and profitable thing to invest in.
What are your thoughts? Anyone here with experience?"
thezster said: "Makes me wonder what happened to the guy a few months ago who found a bunch of stock certificates in his grandma's attic...."
Heather said: "That's a good question.
My mom has a painting that I'd love to know how much it's worth. My grandparents bought it while they were vacationing in Greece in the 40's or 50's.
It has a beautiful gold frame and is mint condition. It has a single man fishing on a rock with a boat in the background. It's pretty big and my grandpa said he thought it was painted by a man that was in the Olympics.
The painters name is written in another language, so I have no idea who it may of been. Maybe if the Roadshow comes here again soon we can find out?"
AlfredSokol said: "I had a dream where I bought an "Andy Warhol" at a garage sale. Too bad I woke up!"
FirefighterB said: "My family was always big into antiques, so I've had quite a few interesting things passed down over the years.
One was a pretty rare Rolex watch that was never worn by my dad, who never wore watches. It was given to him by a friend, before I was born, but I still think it's pretty crazy to think that someone would give something away that's worth as much as it is.
Then again, I don't think he knew then what it'd be worth today..."
Mr. Gekko said: "[QUOTE=Heather]I've always liked to watch [I]Antiques Roadshow[/I] and it seems that if you can get your hands on just one or two pieces of art or other collectibles, antiques could be an interesting and profitable thing to invest in.
What are your thoughts? Anyone here with experience?[/QUOTE]
I watch that show periodically. One thing I've noticed is that the uglier the piece, the more valuable it is."
Heather said: "[QUOTE=FirefighterB]My family was always big into antiques, so I've had quite a few interesting things passed down over the years.
One was a pretty rare Rolex watch that was never worn by my dad, who never wore watches. It was given to him by a friend, before I was born, but I still think it's pretty crazy to think that someone would give something away that's worth as much as it is.
Then again, I don't think he knew then what it'd be worth today...[/QUOTE]
Have you ever had it appraised?
[QUOTE]I watch that show periodically. One thing I've noticed is that the uglier the piece, the more valuable it is.[/QUOTE]
You are right about that. Some of the furniture is downright gawdy! It's easy to see why someone might want to get rid of it for cheap at a garage sale or something... but someone else's eyesore is another persons treasure."
Mr. Gekko said: "[QUOTE=Heather]You are right about that. Some of the furniture is downright gawdy! It's easy to see why someone might want to get rid of it for cheap at a garage sale or something... but someone else's eyesore is another persons treasure.[/QUOTE]
Yep... that's why when I do my spring cleaning, I do it with eBay in mind. Not that I have anything ugly (or so I think) but, you'd be surprised what kind of odds & ends people will buy."
FirefighterB said: "[QUOTE=Heather]Have you ever had it appraised?[/QUOTE]
Yes, I have and it's worth quite a bit. It is a stainless steel, manual-wind, Rolex Daytona Oyster Cosmograph from 1969-1970, which I guess is pretty highly sought after. The jewler's appraisal seemed on the low-side from what I've seen happen on Ebay, but I know that's not exactly a good gauge for prices and it's pretty much a crapshoot. But, the appraisal place was the only one in Austin and they didn't really specialize in Rolex watches, so I take it with a grain of salt.
Even if their appraisal is correct, there is NO WAY I see myself walking around with a watch of that value on my wrist. Hell, I don't even wear a watch, let alone one worth that amount of $$$. But, I don't know if I should keep it and hope it continues to appreciate in value, or see about getting it sent to Sotheby's or Christie's and have it auctioned off..."
AlfredSokol said: "What happens with valuations and age is very cool. To think the Van Gogh basically killed himself due to lack of success in his lifetime and then went on to be about the most sought-after artist after his death is one example.
Death really makes the value go up for some artists."
Worthydaydream said: "A couple years ago my dad was coming home from work and found this creepy half monkey half lion wood carving floating in the erie canal. He fished it out and brought it home... it's probably a 5 pound carving with good detail.
It's probably not worth much because there are no visible inscriptions on it. Still cool to look at though."
AlfredSokol said: "I guess with antiques the main thing is holding something and keeping it in mint condition."