Daryle Lambert: My, How things have Changed for the Ladies

Thanks to www.cyherattic.com

Did you know that a lady didn't powder her nose in public until after WWII? But after that all was fair game and women, to express their new found freedom, began to carry beautiful and expensive compacts to hold their powder. These compacts expressed the signs of the time and Art Deco was the rage. These were followed by commemorative ones like the World’s Fair compacts. Political items were also very popular and came in a close third.

Things were really swinging after the war and women were ready for a new beginning. The period of Art Deco ushered in a new look for women and they loved it. Bright colors and modern design set women into a new era of beauty and fun. No longer wanting to be considered second class citizens they wanted their time on the stage.

How can this make money for you? Just wait till I share with you some of the values of antique compacts of earlier eras. I believe you will have new respect for the lady’s compact.

The great things about compacts are that they will fit into anyone’s budget. Some were made for the average woman and then there were those that could only be afforded by the wealthy. Compacts produced in plastic and inexpensive metal but with great designs made for items to be cherished by the working woman but then there were also designer compacts by the leading designers of the times, using gold, silver and other precious material. Many were enhanced with diamonds, rubies, emeralds and other precious stones.

I was aware that these accessories could be expensive but little did I expect their true value could be as great as $40,000 until I looked them up on eBay. There before my eyes were several that were in the four to seven thousand dollar range. The house and garage sales are treasure troves for this kind of find and the greatest thing is that there isn't any shortage of collectors who are seeking to buy these powder compacts. Yes, most will be between $100 and $500 but if they are purchased for $10 then you have just complete a step or two in your race to the millions. Consignment and white elephant shops are also great opportunities for you.

We don't see many women with compacts anymore but the compacts we can find will still make money for us.


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Daryle Lambert: The Sound that means Money

Thanks to Flicker

This blog takes me back in time to when I stayed with my grandparents in Louisville, Kentucky. They lived in town and not on a farm like my dad's parents. Each night as I prepared to go to sleep, their clock would start chiming. In fact, I believe that I spent many sleepless nights because of it. I never really understood the reason for clocks that chime hourly but that's okay too. Today these clocks are in much demand by collectors and I think it might be because of the aggravation that they caused many years before.

These early clocks came in all sizes and were made by many companies. Here is a short list of companies: Ansonia, Glibert, Golay Fils & Stahl, Howard, Ingraham, Ithaca, Nelson and Seth Thomas. There are many more and if you wish there are books and price guide just on clocks. I wouldn't have space in one blog to cover all the types of clocks but the mantel clock is often favored by collectors.

The reason you may want to keep an eye out for mantel clocks is that the prices can vary greatly giving you a real chance to make money. I have purchased clocks for as little as $25 but then I have also paid $400. It is very important when buying clocks that they are complete with weights and the original works. Also, be sure the face is original. I have found that the sellers of clocks can't tell a $5,000 clock from one valued at $100. Yes, you can understand that because they do look alike but that is where your knowledge comes into play. It is easy to research clocks because of the many books that have been written on them. Your library will have great reference material on clocks. But let's get down to the nitty gritty! What can I expect to get for the clocks I find?

Here are a few examples: Desssille Louis XVI, marble, bronze, Paris, 25 inches $7,500, enameled dial,count wheel, roman warriors, bun feet, 16 inches $10,000. I could list many more but it would be easier if you checked Kovel's price guide. You will find at least forty percent of the clocks shown at prices exceeding $2,000. Finding one of these at $100 or less couldl prove to be a real treasure for you.

I have one clock that I paid less than one hundred dollars for that I would have to think long and hard about accepting $5,000 for it. Don't tempt me however, because I might just have to accept your offer. One reason I really like these clocks is that they fall under my personal rule of being no larger than a bread box.

While I do have some of these clocks in my house; I never wind them so that they won't chime. Too memories of lost sleep.


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Daryle Lambert: “What's Not Hot”

Hummel's thanks to Flicker

This isn't my favorite subject but I think it will save you money to limit your purchases to items more likely to make money. There are wonderful looking items that simply don't sell and I hope that I can make you aware of them. Turning our inventory as quickly as we can and compounding our investment each time is the purpose of our business, so if we purchase items that can't be sold, we impede our progress. I have spent quite some time thinking about what should make the list this year and it is different from last year’s.


1. Paintings unsigned – These paintings may look beautiful but unless there is provenance with them they are only decorative pieces. In today’s market, when even the hardened collector is waiting a little before purchasing a piece, the decorator pieces will sit unpurchased. Even at $25 to $50, they are items that I would stay away from. In the past I have said to purchase well-done paintings that weren't signed, but the market has caused me to change my position.

2. Art Glass unsigned – These pieces are very pleasing to the eye but their value is almost non-existent. I talking about the pieces that have gold flakes in them and ones that have attempted to duplicate the better know Art Glass. Once you buy these they are yours forever because no one will be willing to purchase them from you at a price where you will be a profit.

3. Prints – By in large the print market has been eliminated. Prints that were selling for hundreds of dollars can now be purchased for $25 or less. The only prints that you should consider are the ones signed by the artist, and even then the artist must be someone of renown.

4. Silver plate – This is the first holdover from last year. Silver plate has not increased in collectability over the last year. If you pay over $100 for a set of flatware, my advice to you is to be willing to use it in your own home. I can find no reason to purchase silver plate items with the exception of figural napkin holders.

5. Collector Plates – With rare exception these will sell for under $5. This is a sleeping giant and I will recommend that you let it sleep.

6. Roseville pottery – Even the rarer patterns can't be purchased at a price where you can double your money so why invest your money where the return is not worthy of the investment. I made the mistake of buying several expensive pieces of Roseville and guess what, I still have them.

7. Steuben, Lalique and Baccarat clear glass – The secondary market is so weak for these pieces that no matter how cheaply you purchase them they might not sell. There are always exceptions but before you purchase make sure that what you’re buying is the exception.

8. Transfer ware – As a general rule this type of china has seen its day. Some may be tempted because a piece has an English mark from the 1880's but this doesn't mean that it has value in today’s market.

9. Pressed Glass – The number of collectors for pressed glass is so small that it isn't worth your while to try buying for them. It is always best to deal in items where the market is expanding not contracting.

10. Hummels - They no longer are going to be made by Goebel and I think that if they do find someone else to make them it will be a cheaper version. I haven't run into a new Hummel collector in years so maybe there aren't very many. Give the older Hummels a few years and they may make a come back.

The rare and unusual will serve you well during these trying times and remember this is still the best opportunity to make money that I know of. Where else can you walk the stairs to success without making a major investment and also do it, when you wish, plus have a tremendous amount of fun while your at it?

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Daryle Lambert: The first step to help you make money

COMPOUNDING MAKES MONEY

Thanks to www.buildyourlifetoorder.com


If you have read the book that I have written then I would assume that you have opened your new bank account with $100 or slightly more if you wish. This has to be an amount that you will not need until your goal is met. This can't be an account that you co-mingle with your other personal accounts because that would defeat the purpose of what we are going to be doing--compounding the amount of money in our account. You have now entered the Million Dollar Race with the other members of the 31 Club. Our purpose is to make money and have fun while we're doing it.

I just received an email from one of our members stating that the market for even the rare and unusual items is beginning to drop. That may be true but that doesn't change our plan one iota. We must adjust the price we are willing to pay for an item to reflect the new retail price. I will give you an example. Last week I received an email from a gentleman that wanted to sell a very desirable T. C. Steele painting with impeccable provenance. I think that his asking price of $58,000 might have been a reasonable price a year ago but not today. After talking to him at great length about the painting and finding out that it came directly from the family, I told him that $20,000 would be my best offer.

Never over the last few years did I believe that a fantastic T. C. Steele painting of real quality would ever be bought for this meager sum, but things do change don't they? No, I haven't bought the painting yet and I may not, but when I spend the money in my 31 Club account it will only be spent if I can buy following the rules that I have set. I don't have to be in a rush because my goal is to compound my money at least twice a year so I have six months each time to do that. We also have to be willing to change our ideas of what an item is worth to make money. You see even if I thought that I could buy the painting for $38,000 and sell it for $40,000 it wouldn't meet the goals that I have set for purchasing and unless I had it pre-sold I would have to pass.

So today the first step to is to open our account understanding that this account is not to be used for any other purpose other than our new business and never is there to be a withdrawal from it unless it is for a purchase or an expense pertaining to that purchase. Also, our goal is to buy at 25% of the current retail value and not to break this rule unless the item we are purchasing is pre-sold.

Tomorrow we will talk about what to buy and why so that we can continue to make money.


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