Factors that Impact the Value of Antiques
02/09/2024 General News
Antiques are treasured items from years gone by and they’re loved for both their elegant aesthetic and their unique history. Whether you have acquired antiques through a recent auction, a lucky charity shop find or they have been handed down through generations, each piece has its own story. Often, antiques are also highly valuable assets that can appreciate over time and knowing how much your antiques are worth can be beneficial.
The process of getting an antique valuation isn’t always straightforward and several factors will impact the value of an item. Yet, understanding the value of antiques is crucial for sellers and buyers alike. In this post, we have explored some of the key factors that influence the value of antiques and the importance of using a professional antique valuation service.
Credit: Peter Dazeley / The Image Bank / Getty
Key Factors that Influence an Antique Valuation
The value of an antique can change quite significantly over time and it’s influenced by various different factors. Knowing more about these factors can help you to make informed decisions when buying, selling and collecting antiques. Here are some of the key factors that antique valuers will consider when giving you a basic valuation.
- Rarity and Historical Significance
One of the main factors affecting an antique's value is its rarity. Items that were produced in limited quantities generally have a higher value because they are more sought after by collectors. Value is often determined by the historical context and significance too, and antiques that epitomise a particular era or a turning point in craftsmanship can be particularly valuable. Ultimately, the uniqueness of an item can significantly enhance its appeal and market value.
Lot 270, January 2020 - A 15TH/16TH CENTURY SCOTTISH CLAYMORE SWORD achieved £30,000 at the hammer.
- Condition
The condition of an antique also plays a critical role in its valuation. Items that have been well taken care of and preserved in their original condition without significant damage or repairs are typically more valuable than those that have undergone extensive restoration. The integrity of the material, the visibility of wear and tear, and any restoration efforts will be carefully examined during the valuation process. For antiques like clocks with moving parts, for example, whether they still work as they should will also impact their value.
Lot 560, April 2024 - A rare 17th century Indian lacquer work wooden box achieved £10,500
- Provenance
Often, the known history of an item can influence its value. Antiques with a well-documented history showing they are associated with significant events or were previously owned by notable people can be more valuable than other types of antiques. Provenance not only adds to the item's historical importance but also to its authenticity and desirability.
- Design Details
The artistic value of an antique can play a key role in its value too. Items that are beautifully designed or feature exceptional craftsmanship can attract higher prices. This includes antiques with intricate details and innovative designs, as well as work by renowned artists or manufacturers. The aesthetic appeal and artistic integrity of an antique can increase its desirability and, in turn, its market value.
Lot 78, January 2020 - Henry Massy, London. A very fine and rare Queen Anne silver mounted tortoiseshell veneered bracket clock (back plate) with fine quality engraving and workmanship – sold for £34,000 + BP.
The Importance of Professional Antique Valuations
Exploring the world of antiques can be fascinating and there are so many breathtaking items on the markets. However, accurately determining the value of antiques is a complex task. Although you can do some research yourself and this is a useful starting point for understanding the potential value of a piece, it’s always advisable to turn to professional valuers for an accurate and up-to-date valuation. Personal research often involves comparing similar items and reading about historical periods. Yet with so many other factors impacting antique valuations, including market demand and restoration quality, it’s important to get some expert advice.
Professional valuation services offer the in-depth knowledge of antiques required to get an accurate valuation. Our valuers are trained to identify and evaluate all of the factors that contribute to the value of an antique, ensuring you get a fair assessment of your items. A professional valuation is particularly important when you’re taking out insurance, estate planning or considering selling items. Getting a professional opinion can help protect your investment and provide a trustworthy foundation for negotiations, helping you avoid disputes in the future. With the option to get antique valuations online nowadays, it couldn’t be easier to get some advice.
Professional Valuations Help Avoid Under or Over Restoration and Preserve Value
![](<p><span style="font-weight: 400;">Selling antiques at auction can be an incredibly rewarding experience and a great way to unlock the value of treasured possessions, or those you have purchased but no longer need or want. Making sure you get the most out of the auction selling experience and maximising the value of your antique requires research and careful preparation. From understanding market trends to choosing the right auction house and presenting your items attractively, every step plays a role in ensuring you achieve the best possible outcome.<img style="float: right;" src="https://hutchinsonscott.bidpath.cloud/main/isaac-young-liverpool-mahogany-longcase-clock.png" alt="" /></span></p><p><span style="font-weight: 400;">In this post, we cover the key steps in selling at auction, from receiving an accurate valuation to understanding your role on auction day. We outline typical seller fees, like commission and insurance, so you can gauge any potential profits from the items you are listing. You)
Finally it is important to mention that if your item doesn’t sell, you won’t incur these fees. We would recommend finding out this information at the auction house you are selling through, prior to agreeing to sell your item with them; so, to not incur unexpected costs.
![](<p><span style="font-weight: 400;">People invest in antiques for lots of different reasons. Some love the unique appearance of older items and the stories behind them, whereas others are more interested in how they appreciate over time. Whatever your reason may be for purchasing antiques, when it comes to </span><a href="https://www.hutchinsonscott.co.uk/selling-info/"><span style="font-weight: 400;">selling the items you own</span></a><span style="font-weight: 400;">, getting a professional valuation is always important. </span></p><p><span style="font-weight: 400;"><img style="float: left;" src="https://hutchinsonscott.bidpath.cloud/main/large-royal-vienna-porcelain-vase.png" alt="" />Fortunately, it’s easier than ever to </span><a href="https://www.hutchinsonscott.co.uk/valuation/"><span style="font-weight: 400;">get a valuation</span></a><span style="font-weight: 400;"> with the convenient online services we offer at </span><span style="font-weight: 400;">Hutchinson</span><span style="font-weight: 400;"> Scott and we can help you understand how much your antiques are worth. In this post, we have discussed the benefits of turning to an independent antique valuer in more detail, helping you get the best possible price for your high-value items. </span></p><h2><strong>Why a Professional Valuation is Important</strong></h2><p><span style="font-weight: 400;">Getting a professional valuation is important for several reasons. Ultimately, it provides you with an accurate estimate of your antique’s value based on current market trends as well as its unique condition </span><span style="font-weight: 400;">and history</span><span style="font-weight: 400;">. Experienced valuers have in-depth knowledge of different types of antiques from different periods of time, ensuring the valuation you receive is well-informed. They also have access to various resources enabling them to compare your antique with similar items previously sold at auctions. This comprehensive analysis ensures you get a realistic understanding of what your antique is worth. </span></p><p><span style="font-weight: 400;">It’s worth noting that professional valuers can also reveal hidden details about your item, such as its historical significance or unique provenance, which can enhance its value. The insight they provide can make a significant difference when it comes to selling your antique.</span></p><h2><strong>Benefits of Independent Antique Valuations</strong></h2><p><span style="font-weight: 400;">When finding out how much your antiques are worth, it’s highly recommended that you turn to an independent valuer to ensure you get the most accurate and fair assessment of your items. Here are some of the many benefits of choosing an independent valuer for your antiques;</span></p><ul><li aria-level="1"><strong>Avoid Bias<img style="float: right;" src="https://hutchinsonscott.bidpath.cloud/main/peter-litherland-pair-cased-pocket-watch.png" alt="" /></strong></li></ul><p><span style="font-weight: 400;">It isn’t uncommon for buyers to offer valuations themselves when you’re selling antiques, from individual collectors to antique stores. While this might seem convenient, their valuations can often be biassed. Buyers might undervalue your item to get a better deal and this is one of the main reasons why getting an independent valuation is essential. An unbiased professional can provide an accurate valuation, ensuring you get a fair price.</span></p><ul><li aria-level="1"><strong>Expert Knowledge</strong></li></ul><p><span style="font-weight: 400;">As touched on above, independent antique valuers have extensive knowledge and expertise in various types of antiques. They stay up-to-date with market trends and the latest auction results, enabling them to provide a more accurate and reliable valuation when compared to a general antique buyer or collector.</span></p><ul><li aria-level="1"><strong>Guidance </strong></li></ul><p><span style="font-weight: 400;">In some cases, your antique may need cleaning or restoring prior to the auction however this isn’t always the case. During the valuation this is something which could be discussed with the experts and they can guide you as to whether it is necessary or could help in increasing it’s value. We recommend checking this with experts before undertaking any work to avoid damage or potentially lowering the value to the item.</span><span style="font-weight: 400;"> </span></p><ul><li aria-level="1"><strong>Accurate Market Value</strong></li></ul><p><span style="font-weight: 400;"><img style="float: left;" src="https://hutchinsonscott.bidpath.cloud/main/japanese-period-gilt-sculpture.png" alt="" />An independent valuation will ensure you receive an accurate evaluation of your antique)
purchasing is both legitimate and a fair price. It will also add trust which can result in smoother transactions and potentially higher offers.![How to Maximise your Selling Success](<p><span style="font-weight: 400;">Selling items at an </span><a href="https://www.hutchinsonscott.co.uk/"><span style="font-weight: 400;">auction house</span></a><span style="font-weight: 400;"> can be exciting as well as profitable but achieving the best possible result requires more than just showing up on auction day with your items. <img style="float: right;" src="https://hutchinsonscott.bidpath.cloud/main/20th-century-clarice-cliff-part-tea-service.png" alt="" /></span></p><p><span style="font-weight: 400;">It doesn’t matter if you are selling fine art, antiques, collectibles, or unique treasures that have been hidden away in your loft for years, taking the time to understand the differences and unique ways of the auction process and house that you choose to sell through will significantly impact your success. From finding the right auction house, to obtaining a truthful valuation and setting realistic expectations on what your item could sell, every decision matters and can impact your end goal.</span></p><p><span style="font-weight: 400;">In this blog, we guide you through the essential steps to take to maximise your success when selling at an auction. We will discuss how to obtain a strong valuation, explore restoration options, if necessary, and setting a realistic reserve that will encourage competitive bidding. With the expert guidance of our team, you can make your auction experiences rewarding and secure the best value for your items.</span></p><h2><strong>What Does Success Mean to You?</strong></h2><p><span style="font-weight: 400;">Success, when you are selling an item at an auction is about achieving the best possible outcome for your items. To achieve this, it must start with an accurate valuation, so you fully understand the true worth of your item. Taking the time to restore your item if needed can significantly improve an appearance, appeal and increase its value. Setting a realistic reserve protects your interests and items whilst encouraging competition and people making bids. </span><span style="font-weight: 400;"><br /></span></p><p><span style="font-weight: 400;">It is important to acknowledge that success can mean different things to different people and it doesn’t always have to be about the money you make from the sale of your item. For some, it may be about finding the right trusted auction house to use on this occasion and also for future items, for others it may be about finding the right buyer for your piece so you have the peace of mind you need that it is going to a great home, or it may be about your item reaching its full potential and you receiving the maximum amount for it. The key is achieving the best outcome based on your own goals and expectations.</span></p><h2><strong>The Importance of Valuations</strong></h2><p><span style="font-weight: 400;"><img style="float: left;" src="https://hutchinsonscott.bidpath.cloud/main/louise-vuitton-sirius-travel-bag.png" alt="" />Valuations can sometimes be missed or not thought about at all, but the truth is that valuations are the foundation to a successful auction sale as they offer a clear understanding of an item’s worth. It really doesn’t matter what the item is that you are intending to sell, a </span><a href="https://www.hutchinsonscott.co.uk/valuation/"><span style="font-weight: 400;">professional valuation</span></a><span style="font-weight: 400;"> offers you an informed estimate of an item’s market value based on its current condition, uniqueness, and demand.</span><span style="font-weight: 400;"><br /></span></p><p><span style="font-weight: 400;">For someone who is wishing to sell an item at auction, accurate valuations are essential for setting reserves, which act as the minimum acceptable bid. An item that is valued too high will easily deter bidders from taking the time to explore and look at the item, whilst undervaluing an item could mean losing out on potential buyers due to a lack of perceived value, which can lead to lower bids and therefore you not maximising success and profit. </span><span style="font-weight: 400;"><br /></span></p><p><span style="font-weight: 400;">Here at Hutchinson Scott, we understand that a thorough valuation attracts serious buyers as it gives them confidence that you are taking the process seriously </span><span style="font-weight: 400;">and that</span><span style="font-weight: 400;"> your item is legitimate and worth what it has been valued at</span><span style="font-weight: 400;">. </span><span style="font-weight: 400;">That is why we</span><span style="font-weight: 400;"> offer a free professional valuation service that is conducted by experts who have extensive industry knowledge. </span></p><h2><strong>Restoration</strong></h2><p><span style="font-weight: 400;">Taking the time to understand if your item needs </span><span style="font-weight: 400;">to be</span><span style="font-weight: 400;"> restored and actually restoring an item before you sell it at auction can significantly improve how others view your item, its appeal and also how much it is valued at and therefore how much you could sell it for. Careful restoration is about enhancing appearance and protecting and preserving your items original charm </span><span style="font-weight: 400;">whilst</span><span style="font-weight: 400;"> correcting any damage there may be. An item that has been restored not only attracts more attention from buyers but can also result in higher bids. We recommend you consult with a restoration expert if you think your item needs restoring </span><span style="font-weight: 400;">so that they can see if it is necessary</span><span style="font-weight: 400;"> and to make sure that the work is done professionally. </span></p><h2><strong>Setting Realistic Reserves<img style="float: right;" src="https://hutchinsonscott.bidpath.cloud/main/late-georgian-bristol-green-glass-cups-james-giles.png" alt="" /></strong></h2><p><span style="font-weight: 400;">Setting a realistic reserve is one of the main critical elements to a successful sale at auction. The reserve is the minimum acceptable bid that you will accept and is there to protect your item’s value whilst encouraging potential buyers to bid. If you set the reserve too high you are at risk of deterring interest, whereas if you set a reserve too low you are at risk of undervaluing your item. Hutchinson Scott recommends that you base your reserve on an accurate valuation and therefore striking that perfect balance between maximising your success, understanding the market demand and making sure that your item achieves its best possible result at auction.</span></p><h2><strong>Sell Your Item Through Hutchinson Scott </strong></h2><p><span style="font-weight: 400;">Are you looking for a reputable and trusted auction house? If the answer is yes, then look no further than Hutchinson Scott. We offer a trusted and </span><a href="https://www.hutchinsonscott.co.uk/selling-info/"><span style="font-weight: 400;">professional selling service</span></a><span style="font-weight: 400;"> that includes accurate valuations, setting realistic reserves and guiding you through the selling process from start to finish, maximising value and achieving the best possible return. Hutchinson Scott are a trusted name in the auction world and have years of experience and knowledge. The team is here to help you so please call them on 01756 798333. We look forward to hearing from you.</span></p><p> </p><p> </p>)
![How to Identify and Sell Valuable Antiques](<p><span style="font-weight: 400;">At </span><a href="https://www.hutchinsonscott.co.uk/"><span style="font-weight: 400;">Hutchinson Scott</span></a><span style="font-weight: 400;">, we know that valuable antiques often lie in the most unexpected places. Pieces that have been sitting unused in your loft or in forgotten corners of your home could hold significant value for others, collectors and antique<img style="float: right;" src="https://hutchinsonscott.bidpath.cloud/main/royal-worcester-cabinet-vases-james-stinton.png" alt="" /> enthusiasts. Perhaps you have a vintage clock, a set of fine china, or an elegant piece of furniture that no longer has a place in your life. Every piece has a story, history and its own uniqueness and your unused piece might just be the ideal find for someone else. </span></p><p><span style="font-weight: 400;">We have created this blog to explore how you can identify valuable antiques in your home, how we can help you sell them and make sure they find a new home where they will be revered. Whether you are looking to have a clear out, declutter, or you simply want to see your items being appreciated and going to a new home, here at Hutchinson Scott, we can guide you through the process of getting your pieces valued, advertised and ultimately sold at auction. </span></p><h2><strong>Identifying Valuable Antiques in Your Home</strong></h2><p><span style="font-weight: 400;">Some may be surprised to know that identifying an antique doesn’t necessarily require expert knowledge, just an eye for quality and craftsmanship. At Hutchinson Scott we have extensive experience of sourcing and identifying antiques, helping you uncover hidden treasures you may not have realised you owned. Whether it’s furniture, art, ceramics, </span><span style="font-weight: 400;">clocks, glassware, watches, silver, bronzes, automobilia, walking sticks</span><span style="font-weight: 400;">, or jewellery, our specialists can provide insights into an item’s history, value, and potential market interest and have compiled the below information to help you get started;</span><span style="font-weight: 400;"><br /></span></p><p><span style="font-weight: 400;"><img style="float: left;" src="https://hutchinsonscott.bidpath.cloud/main/late-regency-purple-heart-workbox.png" alt="" /></span></p><ul><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Start by looking for items in your home that are well made. These may be old pieces that have been gathering dust, but if they are still in good condition and have stood the test of time this is a great indicator that they could be valuable or have some value to them. Items crafted with care and that have been created using quality materials often retain their value over the years. </span><span style="font-weight: 400;"></span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Pay attention to craftsmanship details like solid wood construction, detailed and intricate carvings, or unique finishes, as these elements can significantly improve the desirability amongst collectors and people who visit our auctions. It doesn’t matter if these pieces have been hidden or tucked away for years, their potential could be huge and there may be someone who has been looking for that exact piece for years at one of our auctions. </span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">If you have items of furniture in your home that may have been hidden away or realise you just don’t need them anymore, take the time to see if they are of a solid construction and quality craftsmanship. Look for details like strong joints, quality wood, and well made upholstery if there is any as these are signs, your item could be of some value as well as offering its next owner a solid and beautifully crafted piece. Older<img style="float: right;" src="https://hutchinsonscott.bidpath.cloud/main/19th-century-italian-ebonised-ivory-inland-cabinet.png" alt="" /> furniture that has been carefully crafted can be highly sought after by collectors and antique enthusiasts. It may be worth more than you think. </span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Antique clocks, vintage jewellery, porcelain, and fine china all can hold significant value as well as interest, especially if they have distinctive markings or are from well known makers. Historical items, such as scientific instruments or military memorabilia, can also be worth more than we think and the age of an item can play a large role in its value so we recommend that if you find any of these type of items in your home to extensively explore them, looking for distinctive markings and take the time to do some research into the pieces as you may find out something truly valuable and rare. </span></li><li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">It is important to not worry if the item isn’t in the best condition as restoration can take place if needed. Condition is important and whilst some wear and tear can add to a piece’s character, excessive damage can decrease its value. If you find an item that is damaged and not in the best condition, then we recommend you contact our team and we can provide a professional evaluation and discuss its value. We also recommend you contact a restoration expert who can assess your item and what needs to be done to maintain the balance between restoration and conservation. </span></li></ul><h2><strong>How We Can Help Find your Unused Items a New Home</strong></h2><p><span style="font-weight: 400;">At Hutchinson Scott, we take pride in our ability in helping you find new homes for your unused items, whether they’re antiques, collectibles, or cherished household pieces. Our experts can provide you with a </span><a href="https://www.hutchinsonscott.co.uk/valuation/"><span style="font-weight: 400;">free valuation</span></a><span style="font-weight: 400;"> which will assess the true worth of your items, providing you with a clear understanding of what their potential is. With years of experience in the auction industry, our team will guide you through the process, making sure that your items receive the attention they truly deserve. Contact us today for us to discuss your forgotten treasures and how they could be someone’s ideal find. Please call our experts on 01756 798333 to find out more.</span></p><p> </p>)