Sunday, August 10, 2008
Stay Current With Trends in Antiques & Collectibles: Carnival Glass
For some time, I’ve told you how very important it is to stay current with the trends so you won’t make mistakes. Well, I guess I will have to take some of my own medicine, because I am surprised how far off I was on the trend in rare Carnival Glass.
Some of the Carnival Glass I sold only two or three years ago have tripled or more in value since then. I was talking to Cecil about the Carnival Glass Blue People’s Vase that brought in over $31,000 and he began to laugh. At first I wanted to punch him because I thought he didn’t believe me. But, that wasn’t the case. He showed me that in the latest Mordini Records on Carnival Glass, this piece sold for over $100,000. If Carnival Glass in of interest to you, you can get the Mordini Records for a very reasonable amount each year.
At this point, I have to admit my curiosity got the best of me, and I had to know what some other pieces I sold were worth today. According to the records, a plate I sold for $5000 sold for over $17,000 and a punch set that brought me $4500 listed
near $20,000. I wanted to quit looking.
Don’t get me wrong, I’m not sorry I sold these pieces. After all, the profits were quickly reinvested and I’ve kept my money moving and compounding. I was more upset I haven’t kept current on their prices. You see, if I passed a great piece because I wasn’t prepared by staying current on prices, this could have been my misfortune.
You can be assured that Rare Carnival Glass will be added to the What’s Hot List, and I’ve learned a lesson. But remember, not all Carnival Glass is desirable. Look for pastel colors and unusual pieces. Vintage pieces in red will definitely make you a happy camper if you come across them.
Today's Photo: A rare Fenton 3-Toed Bowl in Grape & Cable Pattern. This bowl is in the Showroom and Museum of Replacement's, Ltd.
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