Fine Art & Antiques by Dr. Lori

Making Money Selling Your Antiques Online

Have you been thinking about selling some unwanted antiques or collectibles online? Do you want to take advantage of global buyers? Don’t know where to start? How do you stay safe while selling online? Here are some tips for cashing in online while protecting yourself and your valuables.

Tip #1 - Don’t be too revealing. Reports indicate that thefts relating to classified ad websites are on the rise. So if you intend to sell your objects online, be careful. Don’t give out your home or work address or your home, cell, or work phone number. Don’t give out a traceable email address. Use a gmail, yahoo or hotmail address for all online correspondence. You don’t want to connect the physical location of your object with personal information. It is a good idea to divorce your private mailing address from the letters to and from online buyers. For instance, rent a post office box for all correspondence.

Tip #2 - Don’t Rendezvous with Strangers. Buyers are strangers so it is best to ship something to a buyer instead of meeting your buyer. Never agree to meet a buyer at your home or workplace or theirs. If you can’t ship the sold piece to the seller, meet them in a public place. Ask a friend or two to accompanying you. There is safety in numbers.

Tip #3 - Don’t listen to critics. Don’t listen to people who undermine your piece or try to say your object isn’t what you say it is. Ignore those emails that try to convince other buyers that your piece isn’t what you say it is. This is why you need an appraisal in order to know what you are selling (like an antique pipe) and what it is really worth. Some unscrupulous buyers or look-alike buyers may try to undermine your marketing by discrediting your item or downplaying its selling price. If you receive such emails, that “potential buyer” may be trying to get you to reduce your price. Don’t fall for it.

Tip #4 - Don’t be a dummy. Don’t use the sales prices that you discover at other online auctions as actual appraised values. Some inflate values while others are selling valuable items too cheaply without even knowing it. Also, auction dummies, those people working in tandem with the online sellers, can also inflate values and misrepresent items. Some sellers will sell too low; some will sell too high. Make sure you know your market before you sell your antique or collectible.

Tip #5 - Advertise your sale everywhere. Just as stores on Main Street advertise to attract customers, you must advertise to market your piece to a worldwide audience online. Also, market your piece in traditional ways (e.g., church posters, bulletin board postings, newspaper classified ads, workplace newsletter, etc.). Drive people to your online auction with phone calls and emails. Create frenzy. Your goal: attract the greatest number of potential buyers to your sale. The more people you attract, the more chance you’ll have of getting top dollar for your object.

Follow my tips and be confident. With some work, you can find that person who wants to buy what you are selling online.


Ph.D. antiques appraiser and awardwinning TV personality and TV talk show host, Dr. Lori presents antiques appraisal events nationwide. Join her on her next vacation cruise focusing on antiques this October. Watch Dr. Lori across the country on the Fine Living Network’s Worth Every Penny and on Daytime which airs on Atlanta’s ABC 2 WSB-DT at 9 am, Tampa’s NBC 8 at 10 am, Jacksonville’s CW 17 at 6 am, and others. Visit www.DrLoriV.com or call 888-431-1010.

 

 

Trying to sell this antique pipe? Sell it online to attract a global market of buyers.

 

 

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