Two Tips For Helping Your Antique Collection Retain Its Value

Antique collections can represent a sizable investment of both money and time. Not surprisingly, many people want to take steps to help these items retain their value. Unfortunately, you may not have the experience or knowledge needed to understand what is needed to keep your antiques in excellent condition. Luckily, you can follow these two tips to help ensure you avoid some common errors that can seriously reduce the value of antique collectibles. 

Avoid Storing Antiques In The Your Basement, Attic Or Garage

For individuals with a large number of antiques, it is common to store antiques in their basements, attics or garages, and while this may seem like a practical place to keep these items, it can expose these items to numerous sources of damage. In particular, temperature extremes and large swings in humidity can pose the greatest threat. These changes can substantially weaken wood and cloth items. Additionally, it can cause condensation to form on any metal items, which can lead to corrosion. 

If you are needing a place to store these items, it is best for you to consider renting a climate-controlled storage unit. These units keep a constant temperature and humidity level, which allows you to safely store these sensitive items. For those who are concerned about storing these items away from their homes, it is possible to purchase an insurance policy that will compensate you in the event that something happens to your storage unit. 

Have Your Antiques Appraised Before You Decide To Restore Them

It is a fact that some antiques may have been incorrectly stored at some point in the past, and this can cause them to be in a poor state. When this occurs, you may want to have the item restored to improve its appearance, but this may not be the best option for helping the item to retain its value. Restorations often involve adding new materials to items to restore their shape or color, and it may be necessary to remove some damaged components. These changes can result in an item that is substantially different from its original form, and this can be harmful to its value. 

To avoid accidentally reducing the value to your collection, you should have any item appraised before you choose to have it restored. The appraiser will be able to provide you with insight into the value of the item as it currently stands, and they will likely be able to provide you with an estimate as to how the value will change in response to being restored. 

If you are wanting to make sure that your antiques remain in as good of condition as possible, it is important for you to be well informed about these items. By understanding the importance of properly storing your antiques and the need to have them appraised before doing a restoration, you can help ensure your antique collection's value remains as high as possible. 

To get your antiques appraised, contact a company such as Davis & Associates-Marc Davis