As we’re—unfortunately—all too aware of, living costs have been steadily rising, putting pressure on our financial security.

However, some enterprising Aussies have been holding onto their antiques and collectibles as a 'safety net' to counteract these ever-increasing living costs. Could your antiques be the hidden treasure trove you need in these uncertain times?

A recent antique appraisal event in Canberra was a beacon of hope for keen collectors, estate beneficiaries, and bargain-hunting garage sale enthusiasts.

A 'no fee, no obligation' expert valuation of treasures was offered, and the keen interest shown by the public reflected the appeal of an Antiques Roadshow-style event.

Antique appraisal events have become increasingly popular as more and more people choose to either hold onto their antiques as a safety net or sell off their valuable collectibles. Credit: Unsplash/Alschim.

AllBids General Manager, Ben Hastings, said the event aimed to assist people in understanding the potential value of unique or unusual items they have stored away in their homes. Between 150 and 200 hopeful treasure-seekers attended the two-hour appraisal session, with some surprising results uncovered.

'It can be pretty incredible what people are sitting on and not realising what it might actually be worth,' Mr Hastings mentioned. 'There was a silver statue; I think the [owner] only paid a couple of hundred bucks for it, and we valued it at close to $10,000.'

While market demographics and a decrease in interest in antiques contributed to a drop in sales over the past two decades, it is believed that many collectors are holding onto their possessions as a hedge against inflation.

Frank Mathmann, an Associate Professor at the Queensland University of Technology, noted that this financial security might be a factor for collectors, particularly since they tend to have higher rates of home ownership and fewer dependents.

In the current climate, with concerns over inflation, it may be the rational choice to keep hold of valuable antiques and collectibles.

Associate Professor Mathmann stated, 'During the last two or three years, we had inflation figures so high that even used cars started appreciating over time. So, it can make a lot of sense to hang onto things if there's a reasonable market for it that will change the valuation of that item positively.'

However, in contrast, the cost-of-living crisis has led some people to look towards antique auctions to raise some much-needed funds.

eBay Australia's research supports this observation, highlighting that Australians are selling their collectibles to make ends meet or supplement their income. Collectibles are generally more affordable than antiques, making them an attractive option to cash in during these uncertain times.

Key Takeaways

• Antique appraisal events in Australia have gained popularity as some Australians sell off collectibles or hold onto antiques as a 'safety net'.
• Market demographics and drop in interest for antiques are partly because they are typically owned by Australians aged over 65, who also have decreasing internet use.
• The current cost-of-living crisis has led to increased interest in antique auctions and selling collectibles to make ends meet.
• Collectibles are generally more affordable and easier to on- and offload, making them more appealing to those trying to increase their income.

If you're not skilled at recognising the hidden treasures among your antiques and collectibles, don't worry! We have put together some useful tips to assist you in identifying valuable items and estimating their worth. Prepare to put on your detective hat and potentially discover previously unknown treasures!

The ongoing cost-of-living crisis has sparked a surge in people's curiosity towards antique auctions and selling collectibles to cope with financial difficulties. Credit: Facebook.

Context

Understanding the background of your item is crucial. It's important to examine any documented history or authenticity certificates that accompany the item, as they can greatly enhance its value. Additionally, take into account the item's age and its connection to local, national, or international historical events, as this can further increase its worth.

Rarity

Items that are rare or scarce often fetch higher prices. One-of-a-kind custom pieces, limited-edition prints, or first-edition books are just a few examples of items whose value can be elevated by their rarity.

Condition

Generally speaking, the better your item's condition, the higher its potential worth. Examine it for any signs of wear, tear, or damage. Keep in mind that restoration efforts may sometimes help, but inappropriate restoration might result in a decline in value.

Hallmarks and signatures

When it comes to jewellery, ceramics, and glassware, keep an eye out for hallmarks or signatures that can reveal important information about their origins, such as the maker, manufacturer, or even the date of creation. These markings serve as valuable clues when it comes to assessing the age and value of your precious items.

Do your research

Use online resources and specialised collector forums to gather information on your item's worth. Also, consider investing in relevant collector's guides or visiting local museums and exhibitions to understand the dynamic antique and collectible market better.

Consult the experts

Whether it's an antique dealer, a museum curator, or an experienced auction house appraiser – do not hesitate to seek professional advice when in doubt. These experts possess the know-how and experience to accurately estimate an item's value.

As we all face higher living costs, it's time to take a closer look at the antiques and collectibles hidden away in our homes. With a bit of luck, you might discover a new source of income or a safety net to provide the financial comfort you need.

Do you happen to have any antiques or collectibles lying around your house? Happy treasure hunting, members!

 

[Luckyus]

As we’re—unfortunately—all too aware of, living costs have been steadily rising, putting pressure on our financial security.

However, some enterprising Aussies have been holding onto their antiques and collectibles as a 'safety net' to counteract these ever-increasing living costs. Could your antiques be the hidden treasure trove you need in these uncertain times?

A recent antique appraisal event in Canberra was a beacon of hope for keen collectors, estate beneficiaries, and bargain-hunting garage sale enthusiasts.

A 'no fee, no obligation' expert valuation of treasures was offered, and the keen interest shown by the public reflected the appeal of an Antiques Roadshow-style event.

View attachment 23355

Antique appraisal events have become increasingly popular as more and more people choose to either hold onto their antiques as a safety net or sell off their valuable collectibles. Credit: Unsplash/Alschim.

AllBids General Manager, Ben Hastings, said the event aimed to assist people in understanding the potential value of unique or unusual items they have stored away in their homes. Between 150 and 200 hopeful treasure-seekers attended the two-hour appraisal session, with some surprising results uncovered.

'It can be pretty incredible what people are sitting on and not realising what it might actually be worth,' Mr Hastings mentioned. 'There was a silver statue; I think the [owner] only paid a couple of hundred bucks for it, and we valued it at close to $10,000.'

While market demographics and a decrease in interest in antiques contributed to a drop in sales over the past two decades, it is believed that many collectors are holding onto their possessions as a hedge against inflation.

Frank Mathmann, an Associate Professor at the Queensland University of Technology, noted that this financial security might be a factor for collectors, particularly since they tend to have higher rates of home ownership and fewer dependents.

In the current climate, with concerns over inflation, it may be the rational choice to keep hold of valuable antiques and collectibles.

Associate Professor Mathmann stated, 'During the last two or three years, we had inflation figures so high that even used cars started appreciating over time. So, it can make a lot of sense to hang onto things if there's a reasonable market for it that will change the valuation of that item positively.'

However, in contrast, the cost-of-living crisis has led some people to look towards antique auctions to raise some much-needed funds.

eBay Australia's research supports this observation, highlighting that Australians are selling their collectibles to make ends meet or supplement their income. Collectibles are generally more affordable than antiques, making them an attractive option to cash in during these uncertain times.

Key Takeaways

• Antique appraisal events in Australia have gained popularity as some Australians sell off collectibles or hold onto antiques as a 'safety net'.
• Market demographics and drop in interest for antiques are partly because they are typically owned by Australians aged over 65, who also have decreasing internet use.
• The current cost-of-living crisis has led to increased interest in antique auctions and selling collectibles to make ends meet.
• Collectibles are generally more affordable and easier to on- and offload, making them more appealing to those trying to increase their income.

If you're not skilled at recognising the hidden treasures among your antiques and collectibles, don't worry! We have put together some useful tips to assist you in identifying valuable items and estimating their worth. Prepare to put on your detective hat and potentially discover previously unknown treasures!

View attachment 23356

The ongoing cost-of-living crisis has sparked a surge in people's curiosity towards antique auctions and selling collectibles to cope with financial difficulties. Credit: Facebook.

Context

Understanding the background of your item is crucial. It's important to examine any documented history or authenticity certificates that accompany the item, as they can greatly enhance its value. Additionally, take into account the item's age and its connection to local, national, or international historical events, as this can further increase its worth.

Rarity

Items that are rare or scarce often fetch higher prices. One-of-a-kind custom pieces, limited-edition prints, or first-edition books are just a few examples of items whose value can be elevated by their rarity.

Condition

Generally speaking, the better your item's condition, the higher its potential worth. Examine it for any signs of wear, tear, or damage. Keep in mind that restoration efforts may sometimes help, but inappropriate restoration might result in a decline in value.

Hallmarks and signatures

When it comes to jewellery, ceramics, and glassware, keep an eye out for hallmarks or signatures that can reveal important information about their origins, such as the maker, manufacturer, or even the date of creation. These markings serve as valuable clues when it comes to assessing the age and value of your precious items.

Do your research

Use online resources and specialised collector forums to gather information on your item's worth. Also, consider investing in relevant collector's guides or visiting local museums and exhibitions to understand the dynamic antique and collectible market better.

Consult the experts

Whether it's an antique dealer, a museum curator, or an experienced auction house appraiser – do not hesitate to seek professional advice when in doubt. These experts possess the know-how and experience to accurately estimate an item's value.

As we all face higher living costs, it's time to take a closer look at the antiques and collectibles hidden away in our homes. With a bit of luck, you might discover a new source of income or a safety net to provide the financial comfort you need.

Do you happen to have any antiques or collectibles lying around your house? Happy treasure hunting, members!

I'm not sure, but it's possible that any expensive antique collections you may have a asset connotation as far as the government are concerned in that said collections may possibly impact your pension payments.

 

[Suzanne rose]

I have alot of old wares that were my great grandmother's including original blue n white jug ect and alot of the green glassware.
I have ornaments, old clock, old sewing machine and a few old paintings .

We have an attic full of collectables.

I told my husband we need to sell and give alot of it away. To me it's all sitting collecting dust, and guaranteed most of our kids would just give it to charity when we are gone. Except those few pieces that they know mean something to me

These are just a few that I'm using or have on display

 

[Penny4]

My father collected antique clocks and repaired every one of them himself. It was his hobby after retiring. Needless to say, I don't have to point out how many clocks he had after he passed away, but it was over 100. My mother didn't want to keep them all to look after. So, my mother, brother and I each kept a few favourites. We organised an antique dealer that did auctions. It took a few months, as the dealer didn't put all of the antique clocks in one auction. Staggered them.

 

[Catherines]

I'm not sure, but it's possible that any expensive antique collections you may have a asset connotation as far as the government are concerned in that said collections may possibly impact your pension payments.

And how would it affect your pension? It is your property and at some point you have paid for it. There is no difference between selling something (in this case as an antique you have in your home) or selling craft stuff at retirement centre stalls or craft markets that you haven't declared to the government. And just by the way, I'm not a craft person, I DO NOT get a single cent in pension so I have nothing to be deceitful about.

We all know this happens more often than not and find that craft stalls sell their home-made items for a lot of money. True they have spent hours at their craft but do they declare it to the government? I doubt very much. I have four boxes full of my own photography mounted on canvas as well as many books which I will be selling without any guilt.

 

[Gsr]

Yes we have a lot of old well known brand English China, dinner sets, plates, bowls, tea sets, collected over the years from older relatives and friends. And some beautiful old antique furniture items. Our kids and grandkids are unlikely to want most of it so once I retire I will start selling it as we don’t use most of it, it just sits in our china cabinets, which are antiques as well. Any money we make certainly won’t be declared to Centrelink as these are personal items and the money won’t be income earned.

 

[ElleJay]

I have alot of old wares that were my great grandmother's including original blue n white jug ect and alot of the green glassware.
I have ornaments, old clock, old sewing machine and a few old paintings .

We have an attic full of collectables.

I told my husband we need to sell and give alot of it away. To me it's all sitting collecting dust, and guaranteed most of our kids would just give it to charity when we are gone. Except those few pieces that they know mean something to me

These are just a few that I'm using or have on display
View attachment 23891View attachment 23892View attachment 23893View attachment 23894View attachment 23895View attachment 23896View attachment 23897View attachment 23898View attachment 23904

Hi Suzanne, I love antiques and have a little experience buying and selling. If your blue and white china jug is genuine vintage Blue Cornishware by T.G. Green, they are quite collectable, but probably only worth about $25 in today's market. If the telephone is genuine vintage bakelite, it might fetch $80 or so. I had to sell a lot of my late Mum's antiques, unfortunately prices are way down on what they were a few years ago, most people just don't want them anymore. However there are still collectors around. I found the best thing was to join Australian antique/vintage buy and sell groups on Facebook and post there to sell. For large items like furniture try local groups or Gumtree. Just make sure the groups are Australian. This is a great group for china and glassware: https://www.facebook.com/groups/525659047533830
There is even a very small group just for antique cameras and phones: https://www.facebook.com/groups/838573432848933
The collectors are on these groups, so they are much better than Marketplace.

 

[MariaG]

The only antique in my house is 76 years old and I'm married to him.
I think I'll keep him because he's adorable.

 

[Suzanne rose]

The only antique in my house is 76 years old and I'm married to him.
I think I'll keep him because he's adorable.

 

[Penny4]

The only antique in my house is 76 years old and I'm married to him.
I think I'll keep him because he's adorable.

That's not old or an antique

 

[Shane/#]

As we’re—unfortunately—all too aware of, living costs have been steadily rising, putting pressure on our financial security.

However, some enterprising Aussies have been holding onto their antiques and collectibles as a 'safety net' to counteract these ever-increasing living costs. Could your antiques be the hidden treasure trove you need in these uncertain times?

A recent antique appraisal event in Canberra was a beacon of hope for keen collectors, estate beneficiaries, and bargain-hunting garage sale enthusiasts.

A 'no fee, no obligation' expert valuation of treasures was offered, and the keen interest shown by the public reflected the appeal of an Antiques Roadshow-style event.

View attachment 23355

Antique appraisal events have become increasingly popular as more and more people choose to either hold onto their antiques as a safety net or sell off their valuable collectibles. Credit: Unsplash/Alschim.

AllBids General Manager, Ben Hastings, said the event aimed to assist people in understanding the potential value of unique or unusual items they have stored away in their homes. Between 150 and 200 hopeful treasure-seekers attended the two-hour appraisal session, with some surprising results uncovered.

'It can be pretty incredible what people are sitting on and not realising what it might actually be worth,' Mr Hastings mentioned. 'There was a silver statue; I think the [owner] only paid a couple of hundred bucks for it, and we valued it at close to $10,000.'

While market demographics and a decrease in interest in antiques contributed to a drop in sales over the past two decades, it is believed that many collectors are holding onto their possessions as a hedge against inflation.

Frank Mathmann, an Associate Professor at the Queensland University of Technology, noted that this financial security might be a factor for collectors, particularly since they tend to have higher rates of home ownership and fewer dependents.

In the current climate, with concerns over inflation, it may be the rational choice to keep hold of valuable antiques and collectibles.

Associate Professor Mathmann stated, 'During the last two or three years, we had inflation figures so high that even used cars started appreciating over time. So, it can make a lot of sense to hang onto things if there's a reasonable market for it that will change the valuation of that item positively.'

However, in contrast, the cost-of-living crisis has led some people to look towards antique auctions to raise some much-needed funds.

eBay Australia's research supports this observation, highlighting that Australians are selling their collectibles to make ends meet or supplement their income. Collectibles are generally more affordable than antiques, making them an attractive option to cash in during these uncertain times.

Key Takeaways

• Antique appraisal events in Australia have gained popularity as some Australians sell off collectibles or hold onto antiques as a 'safety net'.
• Market demographics and drop in interest for antiques are partly because they are typically owned by Australians aged over 65, who also have decreasing internet use.
• The current cost-of-living crisis has led to increased interest in antique auctions and selling collectibles to make ends meet.
• Collectibles are generally more affordable and easier to on- and offload, making them more appealing to those trying to increase their income.

If you're not skilled at recognising the hidden treasures among your antiques and collectibles, don't worry! We have put together some useful tips to assist you in identifying valuable items and estimating their worth. Prepare to put on your detective hat and potentially discover previously unknown treasures!

View attachment 23356

The ongoing cost-of-living crisis has sparked a surge in people's curiosity towards antique auctions and selling collectibles to cope with financial difficulties. Credit: Facebook.

Context

Understanding the background of your item is crucial. It's important to examine any documented history or authenticity certificates that accompany the item, as they can greatly enhance its value. Additionally, take into account the item's age and its connection to local, national, or international historical events, as this can further increase its worth.

Rarity

Items that are rare or scarce often fetch higher prices. One-of-a-kind custom pieces, limited-edition prints, or first-edition books are just a few examples of items whose value can be elevated by their rarity.

Condition

Generally speaking, the better your item's condition, the higher its potential worth. Examine it for any signs of wear, tear, or damage. Keep in mind that restoration efforts may sometimes help, but inappropriate restoration might result in a decline in value.

Hallmarks and signatures

When it comes to jewellery, ceramics, and glassware, keep an eye out for hallmarks or signatures that can reveal important information about their origins, such as the maker, manufacturer, or even the date of creation. These markings serve as valuable clues when it comes to assessing the age and value of your precious items.

Do your research

Use online resources and specialised collector forums to gather information on your item's worth. Also, consider investing in relevant collector's guides or visiting local museums and exhibitions to understand the dynamic antique and collectible market better.

Consult the experts

Whether it's an antique dealer, a museum curator, or an experienced auction house appraiser – do not hesitate to seek professional advice when in doubt. These experts possess the know-how and experience to accurately estimate an item's value.

As we all face higher living costs, it's time to take a closer look at the antiques and collectibles hidden away in our homes. With a bit of luck, you might discover a new source of income or a safety net to provide the financial comfort you need.

Do you happen to have any antiques or collectibles lying around your house? Happy treasure hunting, members!

If there was any antiques in mum's estate the two sisters cleaned it out before anyone could question it the old girl would have been roll over in her grave the parasites

 

[Luckyus]

If there was any antiques in mum's estate the two sisters cleaned it out before anyone could question it the old girl would have been roll over in her grave the parasites

Mine already did, the theiving Cow.

 

[FionaB23]

It's a bit spooky that you write this article at a time when I'm doing exactly that I have a extensive collection of antique coins and the only thing I can say in addition to your great article telling everyone what to do because yes all your tits were fantastic but God keep an eye out for those people who offered to give you a valuation for a tiny $2 and then slap you with a hefty membership fee and those come.men negate any profit you might make by selling your antiques so thank you very much it's a good checklist and I believe I'm smart enough to have covered most of your tips I sold one coin to a German gentleman last year during kovid it was my first and it went missing and I was terrified that I would have to pay him back the $500 that he paid for the coin and he spoke no English he always emailed me in German and I have to do the Google translate (thank you Google)- and there was quite a nervous couple of months weight well I had my tracking number and I tried to find out where the coin at gone missing it turns out that being an antique I had misclassified it and it was stuck in German customs eventually it was released to him with no other costs and he was very happy with the coin that I sent him it was exactly as I said it was an authentic entity but goodness me it's a scary road you take when you have something precious to you and you try and sell it for a profit out there. Thank you for all your wonderful advice

 

[Jumping Jack Flash]

I'm not sure, but it's possible that any expensive antique collections you may have a asset connotation as far as the government are concerned in that said collections may possibly impact your pension payments.

Why tell the government anything about what you have?? I have a lot of original signed oil paintings in the house, inherited from my parents plus a good number of items from the 1950's (some beyond) so what is mine is mine - and not the governments to know about.