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Alternative investment alert! Collectables area great way to grow your wealth

by , 24 May 2016
Alternative investment alert! Collectables area great way to grow your wealth
How would you like to own a home accessory that not only looks nice, but could potentially be worth thousands - even hundreds of thousands - of rand in a few years from now?

I'm sure you'd like that a lot...

I'd like to show you six insider secrets that can help you find the perfect collectible for your home.


These 6 secrets will ensure you get your hands on the ‘real deal’ when it comes to collectable investments


Whether you choose to collect sterling silver or glass the following tips apply:
 
1.      Choose a style, era or maker: Reflect upon your lifestyle and personal taste, then make choices that’ll be a good fit. Will you be using your silver and vintage glassware daily, will you save it for special occasions and holiday celebrations or will you leave it on the mantelpiece to wow your guests? Some collectors devote their attention to a specific pattern while others collect a particular maker or era. Some only collect a particular type of piece, such as fish forks or brandy snifters (a type of glass), while others dabble in all areas of the market. So choose your style accordingly – and stick with it!
 
2.       Don’t let wear or damage put you off: When it comes to silverware and vintage glass, signs of use don’t necessarily detract from value, although damage may. When it comes to silver, be wary of buying tarnished silver as it can hide otherwise obvious wear, damage or repair.
 
3.      Monograms and crests could make you a mint: Many collectors view old, elaborate monograms and family crests as a lost art form with historic importance. While pieces are often more valuable without a monogram, true collectors will give anything to acquire a complete monogrammed set – so don’t discount these items when selecting your next piece.

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4.      Make sure you can identify modification: Learn to determine if a piece has been modified from its original state. Common flatware pieces are sometimes altered to make them appear more rare and valuable. For example, spoons are sometimes cut to resemble ice cream forks or a sugar spoon may have been pierced to resemble a sugar sifter.
 
Look for signs that pieces have been modified and avoid these like the plague – they’re worthless.
 
5.       Look for a ‘maker’s mark’: Forgeries in popular and rare patterns regularly appear for sale on the Internet. The easiest way to identify these fakes is to ask to see the maker’s mark – they won’t have one.
 
Get the best value for your money by ensuring you can identify who the maker is.
 
6.       Educate yourself: True collectors have a network of friends and colleagues they consult when they need information on an item. As an antique investor, you’d be wise to follow suit. Read as much as you can about your area of interest and don’t be afraid to ask for help. It’ll save you valuable time and money. Chat to dealers and find out as much about an item as you can before you buy it. Chances are, once you have, you won’t be able to return it.
 
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