“Buy only antique furniture so your children will be rich, too,” is something that you will listen to old people telling the younger ones. Investing in antique furniture has a meaning when the right moves are made. The financial crisis and its consequences disappointed investors who had in their financial portfolio regular financial products such as shares, indices etc. The logical move was for investors to try finding ways to expand their portfolios and investing in memorabilia and more specific in antique furniture seems to be the right way.
Whether you love or hate antiques, one thing is for sure— some old furniture can be worth a lot of money. Nevertheless, it can be a confusing experience to look up the value of antique furniture, particularly if your knowledge is minimal. There are so many factors that determine the quality of antique furniture, which is why so many people make expensive mistakes. You might store that old rocker thinking it’s worth a fortune when it’s virtually worthless, or worse; you could end up throwing out something precious. It should be remembered that the most expensive antique furniture is rare and that the majority of antique furniture on the market is not worthy of the Antiques Roadshow.
New furniture is quickly put together and mass-produced as people walk into shops and expect their pieces to be delivered as quickly as possible. The price is simply not the same as old furniture, made to last and pass from generation to generation. Wood used to create antique furniture is now in risk, so that the same wood can no longer be found. Modern furniture can hardly stand up to moving house, while antique pieces can remain strong and maintain value.
Most people are now putting some of their savings into antiques, which they believe will maintain their value over the long term if not increase in value. While trends and fashions change and one can never be 100% sure that your antiques will maintain their value, the best advice would be to select pieces that you love and are happy to live with and buy the best quality that you can afford as the quality is always going to sell. Antique office furniture of quality is a prime example of great potential for investment. Not only does it provide you with the pleasure of enjoying and using beautiful well-made furniture that enhances every home or office, it should also retain its value and potentially increase its value over time.
At the end of this article you already understand that antique furniture could be a fine and worthy investment for you. While some people see only old wood, investors are sensing a marvellous opportunity for profit when they buy antique furniture and simultaneously safeguard their portfolios against negative developments in the global financial market.