How To Value Your Antique Clock
If you own an antique clock or you wish to by one but want to get the right market price, wet your finger and hold up high.
There is no guide, no method of calculation and certainly no expert that would put their reputation on the line.
An
antique clock is worth what it is worth ...”what does that mean “ , I hear you
ask.
f you take your antique clock to a
car boot sale, it is likely that you’ll be offered pocket money. Take the same
clock to a specialist auction and an antiques dealer may compete with a clock
dealer to buy it for the cheapest price to sell on for profit.
Put it on
EBay for example and the marketplace opens up!
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Private buyers, interior
designers, importers, exporters, antique clock dealers...they are all there
looking for a bargain. Your antique clock is worth what the last person bid
before the hammer went down. No more, no less. If ‘auction fever’ kicks in, it
only takes more than one to bid against another and the more the merrier. Two
egos bidding against each other could bring you a very healthy return. Ask yourself,
did you get market value or just a result of two egos...that is auction fever!
Some antique dealers would suggest the antique market is correlated to the
housing market. Many would agree, and then disagree when the debate suggests that
when the housing market is in a boom period the antique market is in a slump. We
would wonder how that can make any sense because if the house market is booming,
there’s plenty of money about.
Reality then suggests that if the housing marking is right up there, we have little money to spend in interiors. So, when houses are bringing top money, your antique clock will not do well in a sale, unless of course two or more bidders are fighting over your clock.
So, when
property prices fall – does your antique clock value rise? No!, unless you have
two or more frenzied bidders, bidding against each other.
Let’s
look at this scenario; the last decade (I’m writing this in 2008) property
prices have gone through the roof. Now ask any antiques dealer if ‘brown furniture’
is worth more now than it was ten years ago. He’ll tell you ‘no’. You might
argue that your antique clock isn’t really classed as ‘brown furniture’.
Note I
said ‘any antiques dealer’, but find a
professional antiques clock dealer and they are likely to assure you that
antique clocks have held their own with a small increase in value and sales are
still strong.
So,
antique clocks are doing okay, the reason might be that they keep nice because
they are not opened, closed, sat on, slept in, eaten or worked on. They have a
sort of heart beat and ‘live’ in your home. Does that old dresser provide the
same emotion?
I’m resisting politico but the truth is there’s no capital gains tax on clocks and that makes
it an exciting investment and clock prices have been rising by about 10% a year
compare that with some pension plans and stocks.
Like used cars, there are many publications that dictate the value of antique
clocks. However they don’t guarantee to
be up to date and never take into consideration regional variations. Indeed, they are most likely to cover the higher
end of the market where high value pieces prevail.
Save your money and monitor online auctions such as Antiques Quest this website is probably the of the best place to find the current range of prices for clocks.. It is on every minute of the day, in real time as opposed to your local sales and auction rooms. You can compare your own antique clock like for like to the ones being sold. Be mindful that variations on movement, dials, type, style and quality of case will make a massive difference to the valuation and sale price.
The big difference between Antiques Quest and your local auction house is that most auction houses publish a catalogue and they will send you a copy upon request. So you have plenty of notice and can physically view, touch and feel the antique clock. Equally, an antiques clock expert or professional appraiser will offer a valuation service, it may not be free but it is in their interest to achieve the highest possible price at auction.
One final
piece of advice, you already know, but here it is.. Don’t expect honest and
professional valuations from ‘house clearance experts.
Always use professional appraisers based at sales and auction rooms, and
official appraisers attached to local
probate courts they can usually give prevailing price values.






















