11/02/2008

To Buy or Not to Buy...

...that is the question. In the midst of an economic downturn what is a collector/dealer to do? On the one hand, there are bargains to be had; on the other hand, sales are hard to come by!

I was at an antique show yesterday, my very first as a seller and although traffic was good, sales were not. I was talking with the dealer next to me and we agreed that even with rock bottom prices, sales were slow to say the least. Another dealer who stopped by my booth said that she had to decide if she wanted to hold on to her items or give them away. As for me, aside from one big jewelry sale
I didn't sell anything over $20. A few of the items I did sell were at or below cost just to get them out of my inventory! So, sales are tough. On the plus side I did have three people ask if I bought antiques which brings us back to the original question, is this the time to buy?
If you read my previous post, you know that I love a bargain :), and that I already have multiple rooms full of inventory :(. So maybe this is not the time for me to snatch up everything. However, if it was something really good... old Carnival or American Brilliant Period cut glass, pristine Depression or Elegant period glass? Oh yes! I would buy it and hold onto it until things stabilize and prices recover. But that's just me, I can't resist a gorgeous piece of glass.
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