Thursday, December 31, 2009

Frankoma - Daryle Lambert's Antique and Collectibles Blog – Cecil strikes again.

Happy New Year From The Lambert's

Part of my vision for the Daryle Lambert's Antique and Collectibles Club is to educate its members on the rare and unusual items that can return huge profits. In past blogs, for example, I have shared many of the marks on pottery that most dealers aren't aware of so that the members could profit from this knowledge. However, I missed one and Cecil, our ultimate expert, brought it to my attention.

It seems that Cecil was attending a flea market and found a very small piece of Frankoma on one of the tables. Because it was a miniature, he showed some interest in it and asked the price. The dealer looked embarrassed but still asked $2.00 for the piece. Cecil quickly said “sold”. You may be asking why this would excite anyone because you can buy a train full of Frankoma for not much more than that.

Here is what you need to know. The company was started in 1933 by John F. Frank and stayed in Ada, Oklahoma up till 1956. The pottery made in Ada was a white or light cream colored clay. After 1956, the clay used was red and found at the new site of the company, Sapulpa, Oklahoma. I am sure by now you have figured out that the white or cream colored pieces of Frankoma are the ones to look for, but Cecil even took it a step further. He discovered that from 1936-1938, Frankoma used a different mark than what most of us recognize as Frankoma. That mark has the design of a panther above the word Frankoma and pieces with this mark are most desirable. Are you ready to hear the final price for that inch and one half piece? $132. How many times did he double his money just because of a mark? I'll let you figure that one out.

One of the first things that I ever shared in a blog was for members to study the truly rare and unusual because that is where the money will always be. Can you imagine if you ran across a large piece of Frankoma bearing that mark? They are out there. Hopefully, I will be able to share more of these stories with you and perhaps even your story will appear in my blog soon.

I am sure that most of us would have just passed that table by, thinking that nothing but junk was there, but not eagle eye Cecil. I hope that we can learn from him.

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