Why You Can Afford To Collect Antiquities

By Anne Gilbert  

I know it sounds unbelievable that it is possible to pay as little as $200 for a small Egyptian station (954-853 B.C.), or a Neolithic painted pottery jar, ca. 2000 B.C., or a free-blown amber marbled glass flask, ca. 1st century A.D., for $1,000-$2,000. Surprisingly, the answer is because they aren't very rare. According to Bill Gage, in the expert department of James Julia Auctions, they turn up regularly at auction.
"They are still digging it up, and it was untouched for 2,000 years."

However, he noted that the same doesn't hold true for ancient Roman glass that commands a higher price. The several examples at the recent August 26-28 James Julia Auction had some surprises. An Apulian vase estimated at $400-$600 sold for $3,450. An Egyptian blue faience figure was way over an estimated of $100-$200 at $1,6750.

Antiquities categories include Egyptian bronzes, Roman marble sculptures, pottery and glass, to mention a few. Private collectors have to bid against dealers and museums. There have always been collectors of antiquities, especially when you consider the status of having a marble bust of a Roman emperor greeting your guests in the foyer.

In 15th century Florence, Italy, the interest in antiquities was so great that Michelangelo made his first sale with a statue he had made "in the manner of" a Roman antique.

By the 17th century, the art of ancient Egypt was discovered, and again, students and collectors got involved. Faking was in high gear by the time Napoleon made his expedition to the Nile. Copies and variations of Egyptian bronze statuettes were produced in the 17th and 18th centuries. By the late 19th century, British excavations stirred the interest of tourists and collectors alike. Hundreds purchased small artifacts, usually small figures and pottery sold to them as antiques by mysterious Egyptian street vendors and shopkeepers. Especially popular were amulets of Isis and Ra in blue faience. They still turn up at shows and auctions.

CLUES: Still interested in collecting antiquities? In his book, Fakes, first written in 1948, author Otto Kurz discusses forgetting 16th century Greek and Roman sculpture and their 20th century copies. One example cited is an 18th century fake marble portrait bust of Julius Caesar, complete with damaged nose. It was acquired in 1818 as a Roman original by the British Museum. Kurz also describes fake Egyptian jewelry and Etruscan pottery. As for ancient glass, old iridescence is layered with corrosion. The fakes have a milky quality.

Sometimes, antiquities seemingly disappear through a variety of circumstances. Such was the case of a 3,000-year-old statue from the reign of Pharaoh Ramses II. The 1,100- pound, three-foot-high block sculpture was originally uncovered in the Nile Delta in the late 19th century. In 1894, it was exhibited at the Chautauqua Institution, Chautauqua, New York, after which it was crated up and forgotten, when the museum closed its doors in 1930. It surfaced in 1983 when it sold at a Sotheby's auction for $341,000.

If you are still interested, before buying, check for historical significance, authentic age and good condition. Study museum collections and ask questions.
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(All photos, courtesy James D. Julia Spectacular.)

 

Apulian red figure column krater (vase), ca. late 4th century B.C. Sold for $3,450.

Free-blown translucent amber ancient marbled flask, ca. 1st century A.D. Sold for $1,265.

Ancient Egyptian statue (funeral figure) turquoise blue faience from XXII Dynasty (945-853 B.C.) Sold for $1,670.50.  

 

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