Antiques & Collectibles: 31 Club on the Radio with Auctionwally.com

What an exciting time this is in the life of the 31 Club. I’ve been invited to do the Auctionwally BlogTalkRadio program on Monday, May 12th at 8PM EST. Auctionwally, a.k.a. Walt Kolenda, will interview me, and some of you will hear the many stories you’ve sent in to me and spoken to me about over the phone told to an Internet audience. An hour and a half of questions and answers about how we are turning the antique and collectibles industry on its head will be in store for you when you tune in. Anyone can call into the show and ask questions, so be sure to participate with us by calling 1-646-378-1561. Walt is a licensed auctioneer with 25 years in the antiques/auction business, as well as a Powerseller on eBay.

After getting the endorsement for our book, “31 Steps to Your Millions in Antiques & Collectibles” from Skip McGrath, perhaps the best known authority on eBay, things have escalated at lightening speed. You can find Skip’s eBay Instruction Products on our website, and I can assure you,if you use any of them, your business will benefit tremendously.

The Auctionwally radio program will expose our business approach to the antiques, collectible and fine art industries and how it can change lives. The vision we formed less than a year ago is now taking shape. It will require super strength by all, including our members, to reach the finish line, but I have no doubts we will. The stories of treasure found and sold according to our plan can make this venture something we will be telling our children about. Each time I receive an e-mail or a phone call from one of our members, I feel your excitement and have confidence that the principles I teach will work for you when applied. Keep the phone calls coming.

Jeremy and Cindy are busy at work reconstructing our site, and they ask you to send in any suggestions or ideas you have. They are eager to hear what our members think and want. I would be remiss if I didn’t give thanks where thanks is due. I prayed that if this plan that I envisioned wasn't from Him, then I wanted it to fail. But, if it was of Him, that he would place his blessing on it. God has shown that this is truly a way in which people’s lives can be changed while, at the same time, help many families in these days of economic stress.

I WILL BE OUT OF TOWN VISITING MY SON IN BALTIMORE TODAY THROUGH SUNDAY. THE BLOG WILL CONTINUE WHILE I’M AWAY BUT PHONE CALLS AND E-MAIL WILL BE ANSWERED ON MONDAY.


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.

Take a look at our Gallery of Fine Art Paintings by Listed Artists, here.

American Art Pottery - Walrath

Example of Walrath Pottery valued in the thousands of dollars.

This past weekend, I saw Rosville and Weller pottery well overpriced and wondered how anyone could turn a profit if they purchased these pieces at those prices. This seems to be the norm today, and the reason why so many dealers are having a hard time selling their inventory. At the Arlington Show I attended last month, it seemed to me that items such as Grueby, Newcomb and Rookwood were priced out of sight. I wonder if perhaps these pieces are being purchased by dealers at prices too inflated for today’s markets.

The secondary market should set the prices for us to use as a guide when we purchase, and if we find pieces priced even beyond that, where can we hope to go with them? Yes, the best are bringing record prices, but that isn't so when it comes to the medium or lower priced items.

A new name that might bring you great returns, should you find a piece is Frederick Walrath. Walrath was an exceptional potter and his work is coveted by the most serious collectors of American Art Pottery. Walreth died in 1920, and his better vases can easily command five figures and his less serious pieces will bring in the hundreds. The pieces I’ll be discussing are the ones he produced in Rochester, New York, however he did work at one time for the Newcomb Pottery Company of New Orleans.

His work is marked Walrath Pottery” with a mark that looks like a cross bow between the two words. This is the kind of item that most people will pass, or have very little knowledge of what its true value should be. When you find a special piece of Walrath, this is the time to be patient and check all your connections before pricing it on the market. Here is where you can really compound your investment. While others are struggling to break even on the more known pieces like Roseville, Weller and Van Briggle, you will have your money ready for those special pieces of Walrath when the opportunity presents itself. Patience will be your guide to success.

This weekend was a prefect example of what I am talking about. Thinking I was going to buy several items at a sale I attended, my plan wasn't fulfilled. I made a pass at several items that would have been good buys at the price I offered, but my offer wasn’t a deal maker. I only purchased one piece from this sale, keeping my other funds in my pocket for another day.

I knew the Rookwood lamp at this sale was exceptional, and I knew I had to own it. But, even as sure as I was that I’d found my treasure for the week, I called a good friend in Cincinnati to confirm my judgment. He assured me that the lamp was a fantastic buy. In my judgment, this piece is very special and should go to auction for the best results. Remember, we aren't in a hurry because the compounding of our funds will create wealth for us, not the quantity of pieces we buy and sell.
So add Walrath Pottery to your growing list of things to watch for. By now, if you have followed my blog, that list should contain several items that could change your prospective of this business.

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.

Take a look at our Gallery of Fine Art Paintings by Listed Artists, here.

Antiques Looking Too Good Mean Caution Necessary before Buying

After a period of dedicated time spent working on our 31 Club website and attending to other club business, it was a great treat to be able to get back in the game this past weekend.

After church on Sunday, I spent part of the day with Cindy and Marsha back at the estate sale I went to on Saturday, but I ended up with as much money in my pocket as when I began the day. However, with the Saturday’s purchase of the Rookwood lamp, I have to confess that it was a pretty good weekend.

I’ve noticed that there are items entering the market that are just too good, and I want to warn you about some of them, as well as the reason you need to be very careful. At this weekend’s estate sale, there was a Cushman Scooter that had been customized by converting it into an ice cream vendor cart-scooter, similar to the old bicycle-vendor carts. Was it a vintage? It appeared in mint condition in every detail, even down to the Cushman emblems. However, upon further inspection, several clues didn’t add up. I could see the work that had been done on it. No doubt the skeleton and the engine were old, but I have doubts about the rest of the cart. Why?

First, it was held together by Phillips head screws. These type of screws were not available when this piece was originally made. Second, the heads of the nuts that were used to bolt the bumpers and other attachments were not old. I continued to inspect and came to the conclusion that most of this piece was newly fabricated and therefore, had very little antique value. However, this didn’t deter the seller from asking $10,000 for the cart.

Remember, when you are buying something for its antique value, the more of the original condition that has been maintained, the better the piece and the higher the value will be when it’s sold. Any alteration will take away value. If the piece is over-restored, it becomes a novelty item, not an antique. And novelty items are less valuable.

This becomes very important in other areas such as antique banks. If you find an antique bank in mint condition, with the paint as fresh as it had been done yesterday, it’s most likely a reproduction. Older paint will have a patina on it that will look soft and mellowed, while new paint will appear start and harsh. An old bank could also have been restored by repainting, and if that’s the case, its value can be reduced up to 75%.

When you find anything that should have antique value, leave it as found and buy it accordingly. My rule is that if I can't wash off the dirt with water and a mild detergent then I let the new buyer decide. In this way, the buyer will decide if he or she wants to take the chance of fully devaluing the item. New is new, and even if the con artists have come up with some of the most ingenious ways to age certain pieces, there are still telltale signs that will give them away. Any time you have a question regarding these matters, be sure to contact me either by email or phone. Happy Hunting.

P. S. Please comment on the website changes we are making. Any suggestions would be greatly appreciated. --- Daryle

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.

Take a look at our Gallery of Fine Art Paintings by Listed Artists, here.

Estate Sale Treasures – You Don’t Have to be First to Find Them

While I’ve enjoyed writing about the great treasures our readers have reported to us, today I’d like to share my experience yesterday. I think it well serve you well.

Yesterday was a time for catching up for me. There were emails to send, books to ship and general paper work to do. However, one of our 31 Club members asked if I’d be willing to join her at an estate sale. I agreed to meet her later in the afternoon. Now, knowing I’d need to be in home in time to watch the Kentucky Derby, I put my efforts at catching up in overdrive so I could pack everything into my time schedule.

I called our member about 1:30 and was surprised to hear she was already at the sale. I was thinking to myself (often a dangerous thing to do) that if there were treasure at this sale for me, it would probably be all gone by now, but I’d still go to help our member.

I met our member at the front door of the house, and once I got to the sale, I immediately recognized the person conducting the sale. I asked if she thought there was anything still here for me. To my surprise she said, “Yes, the Georg Jensen silver.” We headed immediately to the dining room to check it out. When I picked up a knife where the price tag was taped, my eyes almost dropped out of their sockets. Believe it or not, they wanted $10,500 for the set. I couldn’t get away from the table fast enough, but while my mind was spinning, I decided I’d offer $2,000 if I was going to make an offer.

But that was only the first room, so we preceded to the living room where it was hard to miss a Steinway Baby Grand -- with a price tag of $25,000. About this time I was asking myself what could possibly be here for me. But, I continued on. I knew very little about the modern artwork that decorated the walls, and these pieces had hefty price tags as well. Asian artifacts were intermingled through out the house, and again, I was at a loss without any of my books in this category. I sat down on the living room couch to collect my thoughts when my eyes landed on a very large lamp. My mind wouldn’t allow me to believe I was looking at a treasure that every other dealer and shopped had overlooked. After all, it was later in the afternoon and most people would have figured all the real treasures were gone by now.

I raised my self up from the sofa, as if I was in slow motion and walked toward the lamp. The closer I came the more difficult it was to breathe. Unbelievable! There on the end table was a Rookwood vellum scenic vase made into a lamp, and the vase itself was over fifteen inches tall.

My hands began to tremble as I turned the tag to examine the price. $1,800. I knew this had to be mine. My mind started racing as I figured out at what price this might become mine. I’ve bought from these people many times before, and usually at half the price, but I knew that with this lamp, I couldn’t take a chance. I stepped up to the plate and offered $1,200. She refused, and told me I could leave a bid. I informed her that I didn’t do that, because I was here to buy. She was firm about leaving a bid, so I returned home very quickly to do some research. (My house was only five minutes away.) Let me tell you, after a little research, I broke every speed zone getting back there, just hoping the lamp was still there.

I entered the house with my wife and son with me this time. My wife went to look at the items in the dining room, while I worked up the courage to peek into the living room to see if the lamp was still there. It was. But now, I had to see if there was one of those little red tags on it, showing it had been sold. No red tag, and I breathed a sigh of relief.

We finally settled on $1,500, which was a much higher percentage of the asking price than I usually pay, but for this piece, there was no question on what I was going to do. So, what’s the value? Between $4,500 and $5,000.

Tomorrow I am going back to the sale because there were several other item that I want to make offers on but at less than 50% of their asking price. There are Royal Doulton mugs, listed prints, figurines, and glass objects that could pay for the lamp, if I am able to purchase at my price. Not bad for a day when I wasn't even intending to go out. Better Late than never, and by the way, Big Brown may be the next Triple Crown Winner. What a great looking horse.

Today’s Photo shows a set of 1945-1951 Georg Jensen sterling silver designed by Johan Rhode, Jensen's most influential of all his designers. The pattern is the very popular "Acorn" pattern, and is offered at Leopard Antiques for $3,350. Photo from Leopardantiques.com

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.

Take a look at our Gallery of Fine Art Paintings by Listed Artists, here.

Antique Garden Furnishings - Money Grows in the Backyard

Antique Garden Furnishings: Pair of Lead Figures of Pan, the Greek God of the Woods, offered for $8,500 at Aileenminor.com

Who would have ever thought to check the backyard before going into the house at an estate sale? But after reading this blog, I'll wager you'll consider it. The only time I recall prices catching my attention for Garden Furnishings was at some of the Red Barron Auctions in Atlanta, Georgia where there were huge fountains, statues, and urns large enough for a person to hide inside. These furnishings were usually so large, you would have had to own a mansion to use them. Prices were also large, with some items going as high as $250,000 or more. But, naturally, there are much smaller items to be found other than the grand pieces from these great estates of yesteryear.

Garden furnishings have been popular for centuries. I can still see those beautiful gardens in the old movies about the Roman days. Gardens have been the property of the wealthy in Europe for thousands of years. In this country, Since we began to duplicate the lifestyles of the Europeans, the ladies of the South have had formal gardens. If you close your eyes for a moment, you’ll be able to image a Southern Belle, dressed in that large hoop dress with a very stylish hat and parasol walking among a formal garden of her plantation. These images bring back a completely different style than we experience today.

“Snap out of it Daryle, and stop that dreaming,” I just told myself. So it’s to get back to the real world and back to treasure hunting and making money, because there's some serious money to be made today in Antique Garden Furnishings.

At an estate sale, when you enter the back yard and take a seat on that cast iron bench to scan the property, make sure that bench isn’t a Fern shaped 19th Century 59-1/2 inches long valued at $3,500.

What should you be looking for in that yard? How about a bronze figure like a little boy and girl reading a book by M. Geiss, valued $4,000 or more. Your eyes might then settle upon a cast iron fountain, decorated with birds and leaves. In today’s market, this fountaint might bring $15.000 to $20,000. Urns were always a great part of the beautiful gardens, so how about an 1880’s cast iron urn featuring angels for a mere $25,000. Other items are hitching posts, sun dials, birdbaths, boot scrapers, objects of art, and architectural elements like finials and wall brackets. My, oh my, there certainly are wonderful things besides flowers in a garden. Do some of your own research on the Internet and see what you learn today.

One of my friends told me the story of a sale he attended and after going through the entire house, he completely struck out. That was, until he was leaving and noticed two large green urns on the porch. He returned to the house and asked if the urns were for sale. I guess he caught them off guard, because they told him, “Well, I guess you could have them for $50." He quickly paid the price, and rushed out, needing some oxygen in the worst way. Like lightening, he managed to get those items into the car. You see, on the bottom, incised twice, was the word “Teco”. Need I say more?

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You'll learn Inside the Industry Secrets. We'll teach you how to make high profits grow your money by leaps and bounds buying and selling only antiques, fine art, and collectibles with the strategized plan found in my 220 page book,31 Steps to Your Millions in Antiques & Collectibles. It's FREE with your membership.

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Finding Antique Treasures

“What should I watch for, Daryle?”

That’s the question more and more people ask me everyday. What you should watch for while you’re out treasure hunting is whatever is priced cheap enough for you to double your money or more. When I leave the house, I’m an explorer looking for the chest of gold and jewels. When I find a chest, I won’t know what’s inside it, but I’m hopeful it will be filled with treasures.

Once I open the treasure chest, I might find my treasure comes in the form of an oyster plate, as it did for our member, Marsha. Cecil’s treasure was a painting. You can be assured, as they left the house, they had no idea what treasure was in store for them that day. How many ship wrecks did Mel Fisher search for before he found the Atocha? I understand he was just about broke when he found that ship and all its treasure. Now his story will go down in history, not to mention the great wealth he accumulated. So don’t quit before finding the mother load.

How many 49ers would have struck it rich if they’d only stayed another month? Your journey might be like the young man in Florida I wrote about in my book, whose purchase of a $25 painting changed his life when it sold for over $675,000. Or maybe your journey will be more like mine, where over the years, I’ve had several huge scores, but the accumulation of many average or a little above average finds have proven to be the secret to my success. Even the turtle crossed the finish line, and I have known many of these turtles in the Antique and Collectible field. If you stay the course, your fortune will be made one way or the other.

In the meantime, it’s Friday and have you prepared for the weekend? Do you know the sales you’ll be attending? Are they garage sales, estate sales or auctions? Have you passed out enough cards and spoken to plenty of people each week that you’ve now been called out to the fertile field of someone’s home?

It’ll be coming up upon a year that I’ve been blogging. I haven’t missed a day. You should have a fairly healthy list of items etched into your mind along with some sensible business insight, now, to put to good use when you enter the door of your destination. I hope it will be just like opening that treasure chest. Maybe it will be a piece of Rookwood or Grueby pottery. Maybe a Rene Lalique or a Tiffany. Perhaps a prized western painting, a special baseball card or comic book that hasn’t been touched since the 1950’s. These items could change your life, and I can guarantee you that your chances of finding one them is far greater than winning the lottery.

Please be patient as our site undergoes reconstruction. Cindy, Jeremy, Chris and Clarke are working hard and more dedicated to your success than you can possibly imagine. As the weather warms up and sales spring up everywhere, I’ll be waiting to hear from you about your treasures found.

Stay ahead of the times and get there before the crowd. Join 31 Club today. Can you get FREE MENTORING anywhere else but here?

Learn Inside the Industry Secrets. Make high profits and learn to grow your money buying and selling antiques, fine art, and collectibles with the strategized plan found in my 220 page book,31 Steps to Your Millions in Antiques & Collectibles. It's FREE with your membership.

Visit our Main Page Here

News of Economic Downturn Finally Hits Mainstream Media

Yesterday, Cindy sent me an America Online story link that came up as a featured AOL News story. “People Sell Belongings to Make Ends Meet,” was the AOL story in which Associated Press writer, Anne D’Innocenzio states, “Struggling with mounting debt and rising prices, faced with the toughest economic times since the early 1990s, Americans are selling prized possessions online and at flea markets at alarming rates.” I scratched my head and said, "Hmmmmm."

Later in the day, Kovels’ Komments Newsletter showed up in my mailbox. While the Kovels’ are not part of the mainstream press, they are a recognized authority in our industry, and in their newsletter, they acknowledged “The economic downturn has created new sources for antiques and collectibles.” I scratched my head and said, “Hmmmmm.”

Yesterday was April 30th. Didn’t I post a story back on April 18th about the economic downturn and its likely effect on the Antique & Collectible industry as well as its effect on family life? Yes, I did. It's titled, “Inflationary Times Good for Antique Dealers, Collectors and Families,” and it’s been all over the Internet. Could it be I was ahead of the mainstream call?

Then, Cindy reminded me that we made economic commentary on our April 15th Blog when I stated (and I’m quoting myself here) “Timing is everything, and right now the time is right to be buying at bargain prices. At times like these, when people are stricken with fear, and the market fluctuates, we’ll be able to make our best purchases.” I also wrote in that same article, “It is likely that those who feel weary with our economy will likely sell their better items.” Hmmmmmm.

I’m flattered that others would follow our lead and be in agreement that these are going to be some hard times for people. Yet, at the same time, it will be the best of times for people in the Antiques & Collectibles Industry. The signs of it have already emerged, and Cindy is busy putting together a 31 Club Newsletter that will soon go out to our members about this very topic. If your 31 Club can continue to stay ahead of the pack, then we'll able to fill our coffers before others get started, won’t we?

Today, I’ve decided to post my April 18th article, with its link, as today’s Blog entry:

Inflationary Times Good for Antique Dealers, Collectors and Families

Daryle Lambert

With news of inflation heading in an upward direction in energy and food, is anyone really at all surprised? My family has been feeling it for almost a year now. When the newscasters give us the latest figures, do they truly believe we need them to announce it to us? We all go to the grocery store and the gas station and can put two and two together. We know there’s inflation, but this period of time might be just what's needed to revitalize our families, as well as the Antique and Collectible Markets.

When money is tight, families will likely spend more time together cleaning out their houses of unwanted junk, and be especially on the lookout for items that might be of value. We’ll probably see an increase in the number of garage sales and an increase in items coming up for sale at auction houses. Isn't this just what we need? I believe this period of time will be like a child going into a candy store. There will be all sorts of candy for us to choose from, and the knowledgeable antique dealer will always spot the best. Our goal at the 31 Club is to make our members one of the best. For those of us who want to make money selling antiques, collectibles and fine art, the time couldn't be better. The weather is improving, and soon the kids will be out of school. Be sure to include them in your treasure hunting plans because all the children that I've run across enjoy going to sales. Often my children have pointed me in the direction of some real treasures.

Aside from these upcoming hard times being good for those of us in the antiques industry, I believe it will be a good time for family. When a family’s gasoline bill out paces their mortgage payment, it makes sense people will be spending more time in their homes with family and friends rather than running all over the country looking for fun, dining and entertainment. We’re likely to go through a period of nesting, as the cost of going out for a simple hamburger will likely cost more than some are willing to spend. Eating at home may become a necessity rather than a chore. Driving around the block a couple of times just to clear our heads could cost you big on gas, so we just might have to head down to the basement and begin working at that workbench we forgot we owned in order to clear our heads. Maybe at that workbench, we’ll be able to construct a toy for our kids, or teach our children something about building.

Days of reading together, cooking together, enjoying family meals while discussing the day’s events, watching educational television and family shows together might just be a great remedy for what seems to ail us. We might even find that walking together after dinner and getting to know our neighbors could bring us amazing joy. Imagine that!

Rather than finding it necessary to continually looking for entertainment outside the home, the hike in prices can produce interest in family events and the sharing of common interests again and again. Like Collecting. Collecting is likely to become more popular, and from this interest, groups will be formed and deeper relationships forged.

Parents might even participate with their children, once again, in hobbies such as stamp and coin collecting. Some of my greatest joys are now coming from talking with my nine-year-old son about Show Globes, Foreign Coins, Webkinz and Nascar. This is a great way for us to spend a quality afternoon or weekend. Many people were writing off the Antique and Collectible business, concerned that there were no new collectors, and that the youngsters had no interest in anything that didn’t scream high tech. But, this tightening of the family budget may produce the next crop of antique and art collectors.

If this sounds like what goes on in the town of Mayberry, and Andy and Aunt Bea might be stopping over momentarily with a delicious out-of-the-oven apple pie to share with you,would that really be all so bad?

I truly believe that in addition to being good for the Antique and Collectible Business, the hard times ahead can be good for our families. By staying home and working together, money is saved and a real sense of joy and pleasure will return to our homes once more. No longer will we have to settle for the artificial pleasure that the world had convinced us we couldn't live without.

These times seem to be returning, not by choice, but out of necessity. These changes in our lifestyle may leave us with withdrawal symptoms for a while, but in truth, it might be just what we need to get our sanity back. When we do, I’m guessing we’ll feel like we’ve found heaven on earth. When you get off a spinning merry-go-round, it’s often very difficult to keep your balance. But once we keep our feet planted firmly for awhile, it sure is going to feel great. What a great time this can be to reflect upon, and see through clear eyes, what a wonderful and magnificent world God created. And just maybe we'll find some good antiques, too.

Stay ahead of the times and get there before the crowd. Join 31 Club today. Can you get FREE MENTORING anywhere else but here?

Learn Inside the Industry Secrets. Make high profits and learn to grow your money buying and selling antiques, fine art, and collectibles with the strategized plan found in my 220 page book, 31 Steps to Your Millions in Antiques & Collectibles. It's FREE with your membership.

LINKS:

Daryle's Article
Inflationary Times Good for Antique Dealers, Collectors and Families

AOL Article
People Sell Belongings to Make Ends Meet
http://news.aol.com/story/_a/people-sell-belongings-to-make-ends-meet/20080430090909990001