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# Friday, February 08, 2008
Question of the week: When to Insure?
Posted by Antique Trader Staff

Whatever our instinct to collect is, it must go back quite a ways. I would even posit that our desire to accumulate things is as old, and as evolved, as our consciousness itself.

What a person possessed, or didn't possess, always did - and still does - represent their place within a society. At one time it might have had implications about what you could do with your life, and where you can go. Fortunately for us, we live in the Twenty-First century in the U.S. All you collection does is satisfy an individual need and broadcast - depending on what you collect, and a what level - your good taste, or lack thereof, to the world at large.

And, when I mentioned that lack of taste before? I wasn't talking about what you collect... It's a well-known fact that you have fantastic taste...

In this day and age, when everything seemingly has a value, it's a must to make sure your collection is safe. It's loss may not mean societal downfall, but it could well mean financial if anything is lost, stolen or broken, especially when the collection represents thousands and thousands of dollars and years of effort.

Here's the question then this week: At what point is your antiques collection officially worth insuring? How, exactly, do you decide?

Send your answers to noah.fleisher@fwpubs.com, or go online to www.antiquetrader.com/atblog, look for The Question of the Week, and post your answer there.


antique | Antiques, blog, question of the week | stolen antiques
Friday, February 08, 2008 6:23:59 PM (GMT Standard Time, UTC+00:00)  #  Comments [0]
Is calling someone a stupid thief an oxymoron?
Posted by Antique Trader Staff

This story came across the AP wire last night, and is being reported as an odd news story in various media outlets across the country, of which we are now one.

What an idiot this guy had to be...

Honey, are we insured for this? Wife's vandalism complaint leads to husband's burglary arrest

SUTHERLIN, Ore. (AP) _ They say problem gamblers never quit while they're ahead, and one properly insured Oregon man apparently didn't, either.

Authorities recovered a stolen antique slot machine worth $4,000 and arrested the 30-year-old, who they said asked his wife to help file an insurance claim to cover damage done to his van during the heist.

The slot machine was reported stolen in a burglary Monday night at a home in Sutherlin, 170 miles south of Portland, Douglas County sheriff's deputies said. Investigators learned that the victim's housekeeper filed a police report a day earlier claiming someone had thrown a piece of sheet metal through the window of her parked van.

The sheet metal turned out to be from the back of the stolen slot machine, with the serial number attached.

Deputies said the housekeeper's husband stole the machine, which tipped over as he drove away, breaking the van window. He told his wife the van had been vandalized and asked her to report the damage so insurance would cover it, deputies said.

The husband and a 25-year-old man were charged with burglary and theft, but the wife wasn't charged.

The case was still being investigated.

Wow.


antique | Antique news odd | Antique scams | Antiques | stolen antiques
Friday, February 08, 2008 5:49:33 PM (GMT Standard Time, UTC+00:00)  #  Comments [0]
Online auctioneers divide eBay exodus booty
Posted by Antique Trader Staff

I've always wanted to use the words exodus and booty in a headline, and today was my chance. Just look at it... Marvelous in its simplistic complexity... Or maybe I just need another couple of hours of sleep - my two-year-old daughter has been up sick for most of the last two nights, so my mind is a little hazy...

Anyway...

I like this story from over at CNN Money, talking about how a lot of other online sites are already picking up the pieces of the shattered eBay buying coalition. Hardcore eBay-ers will stick with the compnay through thick and thin, but many others are leaving, or simply cutting back and "diversifying," if you will, in other online markets. Certainly a good idea given looming economic issues and a highly unorthodox presidential election.

The article also contains links to all of the Web sites it discusses, giving you a good chance to check them out and decide what, if anything, you like.


antique | Antique news odd | Antique Show | Antiques | Antiques Auction | Antiques publications | Antiques Show | Auction | eBay
Friday, February 08, 2008 2:52:00 PM (GMT Standard Time, UTC+00:00)  #  Comments [0]
# Thursday, February 07, 2008
Probably not the best news for the antiques biz...
Posted by Antique Trader Staff

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.

antique | Antique Show | Antiques | Antiques Auction | Antiques publications | Antiques Show | Auction | Vintage Fashion
Thursday, February 07, 2008 6:46:09 PM (GMT Standard Time, UTC+00:00)  #  Comments [1]
Just curious... Good shows or auctions this weeked?
Posted by Antique Trader Staff

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...


antique | Antique Show | Antiques | Antiques Auction | Antiques publications | Antiques Show | Auction
Thursday, February 07, 2008 6:09:53 PM (GMT Standard Time, UTC+00:00)  #  Comments [1]
VBOE not on EBAY
Posted by Antique Trader Staff

Since it was mentioned in the 2-20 Trader, and on this blog earlier this week, here's what Specialist Auctions has released about its sale to compete with eBay.

I understand well and good that this is a press release from the company and they are representing their best position on the subject. I feel, from an editorial standpoint, that it bears looking at because it is one of the most public counteractions to eBay's recent changes.

Here's how they put it:

"SPECIALIST AUCTIONS TO GO HEAD TO HEAD WITH EBAY DURING “VINTAGE BLOW-OUT SALE”
 
VBOE on Specialist Auctions February 14 – February 21, 2008
 
In an effort to attract both unhappy Ebay buyers and sellers, the rapidly expanding UK-based site Specialist Auctions (www.specialistauctions.com) announced plans to compete directly with a long-held tradition of Ebay vintage clothing sellers: the popular “Vintage Blow Out Sale.”  During this sale, many vintage items are sold for $19.99 or less.
 
Specialist Auctions is calling its sale “VBOE,” and VBOE is rapidly catching on.  Numerous Ebay vintage sellers, some of them Powersellers, are signing up on Specialist Auctions in order to take advantage of the event, which, like VBO, runs from February 14 through February 21, 2008.  Many vintage items will be also be offered for $19.99 or less. 
 
During VBOE, buyers will be able to pick from a huge variety of vintage clothes, hats, accessories, jewelry, and more.  Just like on Ebay.  And Specialist Auctions is also offering collectibles, comics, in fact, anything that dates before 1989.
 
The recent changes at Ebay have prompted calls for a boycott starting February 18 and lasting at least a week.  By moving to sites like Specialist Auctions, sellers can sell with a clear conscience—and not be held hostage to payment method Paypal, an Ebay subsidiary that recently announced it could put a 21-day hold on payments, even if the item was shipped to the buyer.  Sellers on Specialist Auctions accept a wide array of payment options, including Google Checkout, Western Union, money orders, and bank transfers.  Not only that, the only charge to sellers that Specialist Auctions asks for is 3% of the sale price of an item—no matter how high or how low.
 
So if you REALLY want to shop victoriously, shop at Specialist Auctions during VBOE!
"

I trust you can decide for yourself.


antique | Antiques | Antiques Auction | Auction | eBay | Vintage Fashion
Thursday, February 07, 2008 4:49:25 PM (GMT Standard Time, UTC+00:00)  #  Comments [0]
# Wednesday, February 06, 2008
Antique Trader 2-20, coming your way
Posted by Antique Trader Staff

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...


antique | Antique Show | Antiques | Antiques publications | Antiques Show | eBay
Wednesday, February 06, 2008 9:21:57 PM (GMT Standard Time, UTC+00:00)  #  Comments [0]
RIP Sam Pennington, Maine Antiques Digest Founder
Posted by Antique Trader Staff

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.


antique | Antiques | Antiques publications
Wednesday, February 06, 2008 5:31:43 PM (GMT Standard Time, UTC+00:00)  #  Comments [0]
The eBay debate continues
Posted by Antique Trader Staff

I know a lot of you out there that trade online, and with eBay are still talking to each other about the changes. This blog puts me in the enviable position of speaking with many of you via e-mail, and quite a few phone calls.

Also, I am able to get information from people within the industry as to their opinions and what their readers are saying.

One of these is Ina Steiner, who most of you will know via the blog www.auctionbytes.com. My thanks to Ina for the following:

"Overall, eBay's changes hit antiques dealers harder than commodity
sellers. eBay is making it cheaper to list but more expensive when an
item does sell. And every antiques dealer knows there are problem
buyers. Sellers tell us they will have virtually no leverage to deal
with them because eBay is taking away their ability to leave neutral
or negative feedback for buyers.

eBay believes this will make for a better buying experience - more
listings, and buyers who are not turned off by receiving negatives.
But eBay takes the risk that sellers will not only turn to other
venues (and antiques dealers have already turned to marketplaces like
GoAntiques, TIAS and RubyLane), but that those sellers will also stop
buying on eBay.

It's a high-risk gamble that is not being well received overall, by sellers."


I also have spoken with Antique Trader Web writer Gabe Constantine, who is a show dealer and a busy eBay dealer as well, and he's certainly talked to more than a few of you in his journeys through the message boards. His comments mirrored many of the ones I got via e-mail.

Here's what Gabe had to say:

"I feel that the eBay leadership needed a change, and since I wasn’t contacted for the job I will have to hope that this newbie will do what needs to be done.

I disagree that eBay is shifting focus. Right off the bat, they lowered listing fees. Don’t be fooled, read carefully and you will see that they raised the final value fee enough to where it will almost equal out and make no difference.

Maybe this new head honcho will shift direction but in 2007 I witnessed a successful “Bid Victoriously “ eBay advertising campaign generated towards their online auctions. Compared in the commercials to Jumping Higher than everyone else and winning the touchdown Catch of a Vase. To me this isn’t shying away from the auction aspect.

I think eBay will remain a strong force in the Antiques & Collectables marketplace. It’s a monopoly of the online auction world. With the growing success of EBay Live auctions I feel it will have no trouble remaining a force.

One thing eBay has always needed to do is get the input from us, the people who specialize in Antiques & Collectables. We need “our voice” as Antiques & Collectables dealers to be heard in all decision making. Just look at how poor the category system is and you should understand how little our input is.
"


antique | Antiques | eBay
Wednesday, February 06, 2008 5:19:08 PM (GMT Standard Time, UTC+00:00)  #  Comments [0]
Arson takes an historic Queen Anne in Mass.
Posted by Antique Trader Staff

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.


antique | Antique news odd | Antiques | Architecture | Historic Preservation
Wednesday, February 06, 2008 5:06:35 PM (GMT Standard Time, UTC+00:00)  #  Comments [0]