How To

How to Know What Your Collectibles Are Worth

Contributor
By eHow Contributing Writer
(4 Ratings)

When you start collecting, always buy things you love and you'll never regret your investment. It's important to do some research before buying and selling. Finding information you can trust is key.

Difficulty: Moderately Easy
Instructions

Things You'll Need:

  • Price Guides
  • Appraisals
  • Price guides
  • Auction house's sales reports
  • Publications
  • Mentors
  • Appraisals
  1. Step 1

    Consult price guides, which list collectibles and their price ranges. General guides list a number of collecting categories in one book. You'll also find more-specific single-topic guides.

  2. Step 2

    Visit shops or antique shows to see how items similar to yours are priced. Establishing a relationship with a dealer may get you a better price when you're ready to sell or buy.

  3. Step 3

    Contact auction houses to obtain a report of the most recent sales. Look for items similar to yours and the price they fetched.

  4. Step 4

    Scour the Internet for antiques and collectibles that are for sale through online auctions or stores.

  5. Step 5

    Search newspapers and other publications devoted to antiquing to find collecting clubs.

  6. Step 6

    Find an experienced mentor who can tell you if you're getting a fair offer. Some of these experts work as pickers (regional buyers) for antique dealers and see a lot of merchandise.

  7. Step 7

    Get a verbal appraisal from a dealer for free. If you have an item you think is really valuable, you might want to contact a professional appraiser, who will charge for that service.

Tips & Warnings
  • If you're selling to a dealer, expect to get only 50 percent or less of the price listed in the price guides. Selling to another collector may bring a better price.
  • If you own a valuable collectible, such as a piece of fine art, always seek out a second opinion on its value before you sell or buy.

Comments  

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on 3/25/2009 Well I have a...just kidding, it seems as though you have started an antique forum here...nice article! 5*

brandi21 said

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on 3/17/2009 I have an old metal trundle bed. I am willing to get rid of it but don't know how much it is worth if anyone knows where to find out what its worth please let me know brandidawnstevens@yahoo.com

wbrow said

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on 2/25/2009 I have some Michigan Department of Natural Resourses plates that I bought back in the 80's . They have wild life pictures on them. Does anyone out there know the value of these? Or where I can find out? thanks alot! browers90@sbcglobal.net

bajon said

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on 1/17/2009 i have two comics Jack Kirby's secret city saga (no.s 2 & 3) can anyone tellme anything about them?

germangirl said

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on 8/28/2008 I have a pocket calendar dated 1909 bound in leather but written in German. I would love to know what the contents say. There is also a map that you can fold out of Germany, I guess. Any information would be appreciated. My e-mail is ecollins13@bellsouth.net. Thank you. Eileen

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