After the Election, What Then?

Tomorrow we will have a new President, and I personally believe that the coming year will be a very good one. I also believe the Antique and Fine Art Markets will flourish. If this is true, how might we start preparing for this time?

Maximize your money by buying something of value. Remember, money in the bank next year will likely produce very little income for you because of low interest rates. Getting back to basics is the order here, and looking to what has produced the greatest returns in the past will tell us what to buy. Paintings, Art Pottery and Art Glass have proven themselves to be the greatest return on investment for many years, and this will hold true in the coming year.

Paintings have guaranteed the person who has found pieces by listed artists and bought them well, the greatest return on investment. The number of people qualified to estimate their value is smaller than any other field in the antiques field. This being true, I highly recommend you spend time familiarizing yourself with a number of listed artists you want to become very knowledgeable about. I chose artists that appealed to me and then followed their successes in the marketplace through auction results and articles written about their works.

My list includes Harvey Joiner, Carl Brenner and Patty Thum. These are all Kentucky artists, and being from Kentucky, I have been able to accumulate a list of people who are searching for their paintings. Whenever I find one, I have a ready market for it. Next, I turned to one of my true loves -- the West. When I traveled to Wyoming, I discovered the paintings of artists such as William Golling, John Borein and Ida McAffee. All of these artist have served me well over the years, and have greatly added to my bank account.

Closely behind paintings, in return on investment, comes American Art Pottery. Grueby, Newcomb, Rookwood and George Orr pottery have increased over the years many times their value, and I believe their value will continue to escalate because of the limited number of pieces that were produced. Have you done your homework so you can know the rare and unusual in these lines?

Art Glass speaks for itself, with Tiffany leading the way in value, but it doesn't stop there. Companies like Stueben follow closely behind. I believe, however, that in the area of Art Glass, the real growth in value might be in the more contemporary glass such as Lotton, Smallhouse and Satava. I’ll be writing more on these last two another time.

I’m happy to assist my readers in any way I can about getting back to the basics. If you have questions, just ask me. Leave a question in the comment box is you like, or send me an e-mail at info@31corp.com. I want this coming year to be one that people will look back on and say ”The 31 Club changed the way that business will be conducted in the future.”

Learn to Grow Your Bank Account Trading in Antiques & Collectibles. Register for the 31 Club. Daryle's 220 Page Book,
31 Steps to Your Millions in Antiques & Collectibles is FREE with your Membership.
Plus You Get FREE MENTORING with Daryle.
Join Today!

Cashing in on Superstar Mania

Some entertainers remain popular over the years, while some simply fade into the sunset. Who really knows why. The Beatles and Elvis certainly qualify as entertainers whose appeal has passed the test of time, and collectors throughout the world will always pay a good price for a rare item of theirs. This situation makes it ideal for us to make a lot of money, even though our focus might be on other items.

If you feel inclined to add these types of items to your search, there’s a few techniques that might make this easier for you. Pick out three superstars from your past and let everyone you meet know that all items about these people interest you. You might even make cards that specifically include these names on them. Cards can be easily purchased for as little as $18 for 500. In fact, you can get FREE Business Cards right here. No there’s no excuse.

Visit as many resale shops as you can and save Saturdays for flea markets, garage sales, and house sales. Make sure every shop you visit and every person you meet has your card in hand. I just heard of a woman who purchased a Beatles album for $1 or so whose value is in the thousands.

I’ve shared in a blog earlier this year about my friend, Colin, who has the largest collection in the world of items put out by his favorite group – Bones Thugs & Harmony. While this certainly isn’t my favorite, people certainly have different tastes. Over the years, by selling off duplicate items he’s acquired, his bank account has grown substantially, while his collection remains intact and has skyrocketed in value. This young man has already learned the principles we teach at 31 Club.

I've written a 220 page book that teaches regular people how to buy and sell antiques, collectibles, and fine art for profit. When you join the 31 Club for a one time charge, the book is FREE! As a member of 31 Club, you'll have the opportunity to learn all about antiques, collectibles and fine art while you're out there looking right off the bat. So, if you've simply been reading the blog, I'm here to tell you that you're missing a lot. The book is a treasure chest of inside the industry secrets that will definitely save years off your life. Take the plunge here, and come out ahead of the pack.

Today's Photo: Beatles 1st state Butcher Cover, Mono, "Yesterday & Today," from 1966 sold on eBay through Phillip Weiss Auctions for $3,500.

Treasure Hunters:

You Find It.
We Buy & Sell It.
You Net 35%.

Partner Up with 31 Club on High Quality Treasures You Find. We Do the Rest!!

Sellers:

Sell Your High Quality Items for LOW FEES
at 31 Gallery & Marketplace.
Keep More of Your Money.

Buyers:

Buy High Quality Items for FAIR PRICES
at 31 Gallery & Marketplace.

Our Members are Newbies to Seasoned Professionals
Making More Money than they Thought Possible.

Daryle's 220 Page Book,
31 Steps to Your Millions in Antiques & Collectibles is FREE with your Membership.
Plus You Get FREE MENTORING with Daryle.
Join Today!

Or E-Mail us at info@31corp.com

Quick Turn Your Antique & Collectible Items to Keep Your Money in Circulation

I got the chance to visit with Cecil visited while I was headed back to Chicago, and we found some time to visit an indoor antique market together. We came upon a booth filled with some pretty good items. There was pottery, good art glass and some other varied items. To Cecil’s surprise, he began to recognize most of the pieces and realized they belonged to a lady who had placed them in his store to sell over ten years ago.

She must have tried to sell these items at many places since Cecil first saw them with no success. There was a Budweiser advertising piece she had turned down $1250 for when she had it at Cecil's store, but now her price was $950. What must she be waiting for? Perhaps she isn't convinced her prices are too high, but ten years? If she had sold everything at her cost back then and reinvested her money the 31 Club way, she may have been retired by now.

This isn't where the story ends, however. I thought a bigger market place might be the thing these items needed to get them sold. So, I asked the sales lady if I picked several items that totaled from one to two thousand dollars, would she make the offer? I was told yes because the owner had reasons why she wanted to liquidate her inventory. After scanning her entire booth, I came up with a list of items that, by her tickets, totaled $2425 (but they were all well over priced.)

After discussing it with Cecil, he said his top dollar would be $1050, however due to the circumstances I decided to make the offer $1250. It took about twenty minutes to get the answer. “No, but $1500 would be okay.” I told the sales lady I was already paying more than I should, and that I was leaving for Nashville and then returning to Chicago and $1250 was my last offer. She let me walk out of the store with my money in my pocket. In my opinion, she made a huge mistake. Will she even sell a portion of these items over the next ten years? Who knows.

Why is this story important to you as your search for treasure advances?

This type of experience can halt your enthusiasm. If you paid too much, you could end up tying up your money, and if a bargain does come your way, there might not be money for its purchase. Yes, you’ll always have the Associates Program to fall back on, but then the item has to be something the Club will approve first. We are in the business of keeping our money moving. You can’t compound your resources very quickly by holding items for long periods of time without buying and selling something.

90 days or 6 months should be more than enough time to sell anything you’ve acquired, even if it goes to auction.

If it’s in your possession after that length of time, my advise is to send it to auction. With the proceeds you get for its sale, start the compounding method all over again. Even if you paid a little too much and there may not be a lot of profit, you’ll have your money back in circulation where it should be. I wish this lady good luck, but my hope and pray for her is that if this is her chosen profession that she’ll join with us at the 31 Club, where we as a community, can take her under our wing and give her some guidance.

Thanks for all your prayers while I was away.

Daryle

*****

Put a Turbo Charge on your Antique & Collectible Treasure Hunting Skills.

Get FREE MENTORING.

Learn the Fine Art and Antique Industry Insider Secrets that can help you make money trading in these treasures. Then Learn to Grow Your Money Exponentially Buying and Selling only Antiques, Fine Art, and Collectibles with Daryle's Strategic Business Plan.

Our Members are Newbies to Seasoned Dealers, making more money than they thought possible. Join Daryle Lambert's 31 Club, today.

My 220 page book, 31 Steps to Your Millions in Antiques & Collectibles is FREE with your membership. Join Today!

Check out the new Paintings and new items in our Gallery and Marketplace here.

Treasure Hunting for Antiques & Collectibles Can be a Family Business with Many Rewards

I was privileged to have one of our members at my house the other day, and she brought her nine year old son along for the ride. I ended up spending a couple of hours with him on the computer and talking about our business. He was intrigued with the thought of making money by going to garage sales. His mother could hardly keep him at my house because he wanted to go out hunting for treasure right away. I’m wondering if his response has a special lesson to teach us.

In our haste to become successful, I hope we haven’t forgotten to take our children along with us. It’s never too early to share how to go fishing, as the Bible tells us. Let’s stop giving our children fish to eat and start teaching them how to fish for themselves at an early age. This way. We’ll never have to worry about them providing for themselves later in life.

My son, Joshua, has more fun going treasure hunting with me than almost anything he does. Often he’ll say, “Daddy, how about that vase over there? Would that be something interesting for us?” Out of the mouth babes, especially if it happens to be an artist signed piece of Rookwood.

He does have a passion for trains and lava lamps, and I encourage him to keep his eyes open for these pieces. When he finds something, we discuss the price that we’d pay for it. If the seller isn't agreeable to that price, Joshua says “Daddy, that's all it’s worth, right?” He never seems to be disappointed, he just starts looking for something else. I think that he’s learned some lessons that will serve him well in later life.

The Kid’s Connection is still waiting for more questions to be answered. I’m going to ask Joshua to write about something he’s interested in so I can include it in a future blog. He wants this section of our blog to be attractive to the kids and he’s attending “Apple One on One” at the Apple store so he’ll be able to put up videos and podcasst for the kids. I am still trying to find out what a podcast is.

By spending time with your children treasure hunting, there may be some surprises there for you also. Have you looked at the auction prices for toys these days? It is nothing for a toy to bring $25,000 to $30,000 or more. How about the Hot Wheels VW Bus that sold for $18,000? A box of marbles just sold for almost $20,000. And they say these are children's toys! I don't think so. Our member, Marsha, called yesterday to tell me about a metal rocking horse she just bought. I can’t wait to see its value.

Shared time pays great rewards, now and forever. I think a wise man said that I just can't remember who.

Put a Turbo Charge on your Antique & Collectible Treasure Hunting Skills. Join Daryle Lambert's 31 Club.

Get FREE MENTORING. Learn Inside the Industry Secrets that help you increase your profits. Then Learn to Grow Your Money Exponentially Buying and Selling only Antiques, Fine Art, and Collectibles with Daryle's Strategic Business Plan. Our Members are Newbies to Seasoned Dealers, making more money than they thought possible. Join Daryle Lambert's 31 Club, today.

My 220 page book, 31 Steps to Your Millions in Antiques & Collectibles is FREE with your membership. Join Today!

WE LOVE TO HEAR FROM YOU. PLEASE LEAVE A COMMENT! You can sign in "Anonymous."

Check out the new Paintings and new items in our Gallery and Marketplace here.

Buying Collectibles In Quantities Makes Sense – Marsha’s Story

31 Club Member struck gold with this Minton Oyster Plate and learned the value of buying in quantity.

A few weeks back, I wrote about a 31 Club member, Marsha, who I helped make decisions on buying a large McCoy Pottery collection she located from a local newspaper ad. The collection had about 100 pieces plus a few throw in items consisting of several Shawnee pieces, and one oyster plate.

The owner had not asked us anything about his collection and had decided to offer it to anyone who was interested at a price we could both be satisfied with. His goal was to get it out of his house as soon as he could.

Although the asking price for the lot was extremely reasonable at $500, we still asked if there was any room for a better price. (We followed the rules, anyway.) Since there had been no other interest, (we were the only response he got to his ad) he was receptive to reducing the price to $400.

Once we left this man’s house, I had asked Marsha how she thought we did. She didn’t really know, but hoped we did okay. Once we got into the car and drove off, I told Marsha that I believed there was just one piece we purchased in the lot that would pay for all of the pieces, and might even give her a profit above and beyond what she paid out. At first she looked at me like I was a nut case, then she asked, “Which one?”

“It’s not any of the McCoy pieces or even the Shawnee. But, that one oyster plate will probably bring you over $500,” I told her. Now, I didn’t have my book with me, but since I was almost certain this oyster plate was a Minton, I took a guess at the price. I could tell by her eyes that she wasn’t quite sure she trusted me on that. She got rather quite and I suspected she might be wondering what she just got herself into.

Marsha struggled a bit beginning with this program. While she has a great eye for quality, cashing in on her great buys was another story. If you recall from my previous Blog about Marsha, she had some basic office set up tasks to take care of before she could sell her found treasures, and this was holding her up. She needed a digital camera and had to learn how to use it. She needed to buy a new computer in order to even have the capacity to use the camera. Her computer was from the stone age. She’d never used eBay before, but, being the excellent student she is, it didn’t take long for her to catch on and soon listed her Minton Oyster Plate.

A bid of $250 for the plate finally gave her some hope. Soon someone bid $350, but then the listing sat with no activity up until close to the end of the auction. The real action started in the last 30 seconds, when it was bid up to $572. (Most of the bids on eBay today come within the last minute of the offering.) When you figure her cost was under $4, this selling price made for a pretty fair return on investment, wouldn't you say? I don’t know about you, but I’m sure going to keep my eyes open for oyster plates.

I believe if Marsha had previously used eBay and already had a good feedback history, this plate could’ve brought even more money. You see, people are fearful of new listers who haven’t done business on eBay before, and will often not bid as high as they might for a lister with an established eBay record. Trust needs to be earned.

She has already begun selling her McCoy items, and several of them have brought over $20. And it’s all profit from here on down the line. I suspect those 100 plus McCoy items will keep Marsha very busy.

If you haven’t already taken a look into the expanded 31 Gallery & Marketplace, please do so. It will serve you well as an educational tool and a guide.


Stay tuned for more 31 Club Member’s Great Finds, How they Bought Them, How and Where they Sold Them.

Join Daryle Lambert's 31 Club, today. Put a Turbo Charge on your Antique & Collectible Treasure Hunting Skills. Get FREE MENTORING. Learn Inside the Industry Secrets that help you increase your profits. Continue to Grow Your Money Buying and Selling Antiques, Fine Art, and Collectibles with Daryle's Strategic Business Plan. Our Members are Newbies to Seasoned Dealers who are making more money than they thought possible.

My 220 page book, 31 Steps to Your Millions in Antiques & Collectibles is FREE with your membership.

WE LOVE TO HEAR FROM YOU. PLEASE LEAVE A COMMENT! You can sign in "Anonymous."

Antique Clothing Chests - and Other Inside Tips

This Connecticut Chest on Chest, circa 1790, sold for $18,000 at Hood Auction.

We are all very individual in our tastes when it comes to decorating our homes. Some like formal, some like casual, and there is a chest for anyone’s taste. For most of my life, I preferred Queen Anne style but now, I'm more into early America. Regardless of style, the one thing that most catches my eye is quality. Beautiful wood, crafted by a true artist, certainly gets my attention.

We talked about blanket chests, sugar chests and today we’ll continue with clothes chests, which we’re most familiar with. These beauties can be very valuable under certain circumstances. Here’s an example of what I’m talking about:

A gentleman brought a chest to the Antique Road Show inquiring of its value. He told the director that when he purchased the piece, it had been painted in an ugly red paint, but he had it stripped and refinished. When the director asked him if he wanted the good news or bad news first, he opted for the good news first, and the news was that his piece was worth about $35,000. The owner was thrilled. He asked how there could be bad news. But, there was. And the bad news? By stripping the original red paint finish, he had washed away $100,000.

This is a lesson we must not forget. It’s best to buy each piece as it is, at the value it is in the condition it is in presently. Never stray from this rule. Yes, you might be able to make a piece prettier, but in doing so, you risk reducing the true collector value. Always let your new buyer make the decisions on what he want to do to improve what you’ve sold him.

There are many styles of chests you can run across. The federal style, with its straight lines, appeals to me. Your taste might be more toward Chippendale or Empire style. The true antiques in these styles can be very expensive. You might be expected to pay from $10,000 to $500,000 for a bow front mahogany or a birds eye maple chest. If you’re not familiar with styles in chests or furniture, nor the appeal of various woods, I believe the best way to learn about furniture and its styles is by first studying books. There are many books to choose from, and you might even spend some time in the library studying. Then, find a shop that carries a variety of high quality antique furniture and take a look at these items close up. You’ll find the shop owner will probably be more than happy to answer questions and help with your education.

I once bought a very nice three drawer walnut chest for $500. It had all the original hardware and had a patina that was true to its age. I got a little excited, and priced the chest at a little over $2,000. It sold immediately. This was another time I wish I had waited and allowed myself more time to research before selling. I would’ve made a lot more money. So, please take some time to research your piece as best as you can, and don’t be shy about calling in an expert or two or three. I am sure you can tell that what I share with you has been learned by making some of the very mistakes I warn you of.

Hepplewhite, Queen Anne, Sheraton are also styles that will add beauty to any room. When you are on the hunt, never be distracted by price. If the price asked seems too rich for your blood, that’s the moment go and do your research. Yes, you might lose the piece, but being safe rather than sorry is always the right decision. If you return, and it is gone, it probably wasn’t meant to be at this time. Remember, the best decisions we make are based on knowledge.

If you find a piece of furniture that fits all the rules, buy the piece and have the sales person put a “sold” tag on it immediately and continue your hunt. If you stop to secure the piece or take it to your car, the other fabulous treasure waiting for you in the next room might be missed.

There is a pot of gold waiting for you, if the right chest comes your way. But, remember, it will more than likely require waiting for several months for it to be sold at the proper auction. For special pieces, the wait will be well worth it.

Join with like-minded 31 Club Members and put a turbo charge on your treasure hunting skills. Get FREE Mentoring. Learn Inside the Industry Secrets. Learn to make high profits and continue to grow your money buying and selling antiques, fine art, and collectibles. My 220 page book, 31 Steps to Your Millions in Antiques & Collectibles is FREE with your membership. The book is also available on Amazon.com. If you buy the book on Amazon, then the membership is FREE.