Photo courtesy of Earle D. Vandekar Antiques
When you have antiques in your home and want to sell your home what do you do with your antiques? Well it depends on the situation. Are you going to keep your antiques and move them? If so do they stay in the house or do you pack them up? Is this an estate, how many antiques are there, do you want to keep the antiques?
If you are keeping your antiques and this is simply a move to another house your next steps depend on the fragility of the pieces. If you have porcelains and other ceramics that are not in cabinets you may want to remove them from the home before allowing showings. Furniture and paintings are different as they are not so fragile. Other items that are small and portable you may decide to remove. In cases where collections are worth significantly more than the home, you may request the listing agent to be present at all showings as a precaution.
If it is an estate there are several steps. Firstly you need an appraisal for estate taxes etc. Secondly you need to decide what you will do with the antiques at this stage. Are you able to donate them to a museum? If the collection is important enough a museum may be willing to accept them with certain conditions. Preferably if this was the case in an estate this should be worked out ahead of time as donations to museums can take a long time to arrange and agree upon terms.
If you decide to sell the antiques the decision of what to do with the antiques and the house may be decided on location. If the home lends itself to an on-site auction and the number of antiques is sufficient it may be suitable to auction not just the antiques but the home as well. Even if the home is not auctioned, the antique auction can bring a lot of good publicity to the house enabling it to sell more quickly.
If the home does not lend it self to an on-site auction you need advice on where and how to sell the antiques you wish to dispose of. Not all items should go to New York for sale, but also not all items need be sold locally either. There are also alternatives to selling at auction, private sales can be arranged with other collectors, dealers or even museums for single or multiple important pieces.
I have advised several clients on the way forward, soome pieces being sold at local auctions, some pieces being sent to one of the major auction rooms in New York and even connecting clients with dealers who are willing to help the collector sell their collection over time through exhibitions. There are many options and each client has different needs depending on their situation.
For more advice or if you have a question feel free to contact me direct at Nick@VandekarTeam.com