I have been astonished at the prices that are being achieved today for the better Antiques and Paintings that are going across the auction block.
By reading the results of auctions in The Antique Trader, Antique Week and The Maine Antique Digest, you would think that prices had gotten out of control. But is that true? With many pieces going four or five times their estimates and more, you may be saying where is it going to stop?
Perhaps the picture is beginning to clear as we see what is happening in the financial markets around the world. The question seems to be where are people going to put their money in times such as this when their fear of losing what they have is becoming so real to them. All through history the answer has always been invest in items that you can physically own, that have passed the test of time. I feel that if the current situation continues in the financial market we my not have even seen the start of this move up in values in the finest Antiques and Collectibles.
Sit back and enjoy the ride because this is our time to shine. But remember, this money is going into the best that can be found. Keep that in mind when you are searching for items. Can you give me examples of where you see this happening?