Who Buys Antique Furniture?
Antique furniture is used to decorate a home or space, and is a possession that appreciates in value. Many times collectors seek to buy antique furniture to complete collections and start new ones. Often times families inherit antiques from deceased relatives and end up storing or using the furniture to showcase in their own homes and then later selling the furniture to buyers at an appraised value. Does this Spark an idea?
Significance
Most people buy antique furniture to either add to their collection, give an item as a gift, or resell. Many buyers such as family members looking for a missing chair to complete their mother's Duncan Fife dining room set, a flea market vendor looking for rock bottom prices on old fainting couches to resell or an art dealer looking for new chairs for his reception area in his showroom are all the type of people who collect antique furniture and attend antique furniture auctions or estate auctions where they feel they may find a collection or piece of furniture that they would like to purchase. Antique appraisers also keep their eye out for good furniture buys and often times own their own antique shop and resell items for a markup cost. Online portals such as eBay offer a large selection of antiques for sale that attract buyers who want to purchase rare and everyday antiques for gifts for spouses or parents as well as to be able to obtain the items, refinish and then resell them for a profit.
Function
Buyers such as boutique or antique store owners often purchase antique items if they feel they will be able to find a future buyer. Some pieces are sold individually, making them less valuable at the moment, but the full set can be purchased at a later date and then resold to recoup the investment and make a profit. Antique furniture can also be purchased by growing families and used as a functioning part of a household such as a dining room table and chair set as well as an antique sleigh bed to create a new look for the bedroom. Many people utilize country or Victorian decor in their homes, and antiques make up a large part of the overall decor.
Types
There are several types of antique furniture, such as cabinets, bookcases, hutches, beds, chairs, tables, couches, lamps and clocks. Most antique furniture consists of solid wood such as oak, cherry and mahogany and rich fabrics such as silk and velvet. Some antique furniture is unique and may have only been produced in limited quantities, such as bronze-plated serving carts, hand-painted commodes and intricately hand-carved coat racks.
Considerations
An antique buyer should know recognize and appraise furniture items at a glance before placing bids or buying furniture items online or at an auction house. Determining whether refinishing an item or replacing missing parts will depreciate the item should be taken into consideration before purchase. Having resources on hand to be able to safely transport and move antique furniture is very important before buying an item. Most antique furniture items are non-returnable and sold as is, and this needs to be taken into consideration before purchasing.
Effects
The overall effect of buying antique furniture should be rewarding to the buyer whether they plan on keeping the item for personal use and decoration or if they want to resell. There are many people of all age groups who simply purchase antique furniture just for the thrill of the buy or to be in possession of a one of a kind expensive item. Well-preserved, restored and well-cared-for antique furniture makes a nice display in any home when showcased where guests and family can see them.
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