I have been criticized for reporting the negative before, but I'm a journalist first and the story is the thing. To ignore this news, and not analyze what it might mean for our business, would be irresponsible.

The overall January sales figures, as reported on Yahoo, by Reuters, were not too good.



That includes a lot of factors, especially big box stores like Wal-Mar and Target, and a lot of the items people aren't buying are things that they shouldn't be buying there anyway - art, furniture, etc...

A January lull is no big surprise to the antiques business; after the holidays and the lull in mid-level and flea market shows - a lot of high-end happens in the Winter, and you can't really count the health of The Winter Antiques Show or The American Antiques Show as truly reflective of the real health of the antiques economy - there is a lot of space. General line buyers are going online to auctions, or checking out shops or small shows nearby.

There are schools of thought that will consider an economic slowdown healthy for antiques, and I don't disagree with them. I do also know that when the economy gets bad - remember 2001? - the antiques business is one of the first to feel the lack of discretionary income, and one of the last to benefit when people come out of the stupor.

The above report, along a reported and well-documented contraction of the jobs market last month, don't add up to prosperity. No one wants to say recession, but the laws of economics are fairly immutable.

Anyone going to any good shows or auctions this weekend?

I'm curious to know, and curious to see if anyone cares to mention it in the comments below...

Come one, you know you want to try it...

Just putting the final touches on the 2-20 issue of Trader. Only one more left in the longest, if shortest, month of the year.

Click on the front page to go to the site, though the stories won't be up for a day or two...

The Maine Antiques Digest is reporting the death of its founder, Samuel Pennington.

I knew Sam peripherally, as so many in the business did. He created an important paper for the antiques business, one that helped bring alot of northern New England dealers back into the mainstream.

Sam was loved and reviled equally. I always had to hand it to him for being so honest about things in the business, a much cherished and rare trait in this business. We all know, in the antiques print game, you don't always get to tell things unvarnished. Sam had enough power to do so and not suffer diminished returns for it.

It's been  a tough month on antiques publications. First Alison Ledes of The Magazine Antiques passes, then Laura Brant sells her stake in the magazine. Now Sam.

To the MAD family, condolences from Trader.

Hate to see something like this, as reported by The Preservationist Online.

These lovely old houses in Massachusetts are amazing and this one was all set for restoration... Someone decided to toss a match on it... I wonder how they can sleep at night, or if they do at all. Maybe it was an organized thing. Maybe it was a bunch of idiot kids, and maybe it was a crackhead who dropped their pipe... Hate this, especially when it was going to be brought back to life...

Check it out.

Stop reading this blog and go out and vote!

Your country needs you!

Antique Trader does not care who you vote for, only that you vote!

Minus this public service announcement, this is a politics free zone...

I do have to say that I hate to see this, especially if authorities do actually have to dump the bottles of whiskey in this report out of Tennessee. The story is from the Shelbyville (TN) Times-Gazette, but has been national news for a while.

Seems this man was indicted and faces possible prison time for possesing a whole bunch of Jack Daniels. He says that he's a bottle collector. Seems reasonable enough to me, given that one of the bottles in the collection mentioned in the link above is worth $10,000 and dates to 1914.

I'm no fan of Jack Daniels, but if bet it tastes pretty good if it's been aged the right way...

Had an interesting conversation with Bob Clements, one of the principal founders of UK auction site www.specialistauctions.com.

This is a site that started in direct response to the eBay model. Bob and his company place expert moderators to oversee paticular subsets of collecting, making an effort to make sure that their auctions are "vetted" and discussed if questions arise. They've done well for themselves in the European market, with significant gains in this country, as well. SpecialistAuctions is especially well known for its strong vintage fashion component, which can generate a huge amount of hits for its auctions.

The long and the short of it in the U.K. is this: Just like Americans, the British are made about these changes, but even more so. Everything applies the sameas far as the changes, except that in Britain eBay isn't eliminating the gallery fee - which users pay for posting pics of items for sale - which costs them about .30 cents. Ouch.

"People are very upset," Clements said. "Here in the UK they don’t even have the benefit of the removal of the cost for gallery images."

The "Final Value Fee" hike is also a big deal. Clements was able to bottom line the increase, one that equals more than a 50% hike.

"(EBay is) reducing the cost of actually creating the listing," he said, "and then they’re moving the final value fee amount from an average 5.5 percent to an average 8.7 percent."

Ouch again.

The real kicker is that those things aren't even what Clements sees as what's got people riled up.

"What's really got to people is the fact that sellers will no longer be able to give buyers neutral or negative feedback," he said. "But buyers will be able to give sellers neutral or negative feedback."

Besides be a keen gage on the sentiment across the pond, SpecialistAuctions is also hosting it own VBOE sale, or Vintage Blow Off Sale, with a huge amount of dealers and a more hospitable atmosphere.

Check them out above if you wish, if only to see an alternative that many are considering in the wake of these changes.