June 17, 2009
Antique Furniture is My Profitable Hobby
Did you ever wonder if you could make an income from a hobby? I know some people who do exactly that. Take a look at antique furniture as a possible hobby that can be a lot of fun and can yield significant income.
My mother used to drag me with her to all sorts of antique sales in search of Lalique vases or antique clipper-ship paintings. She specialized in what she knew best and what she could buy low and sell high. Actually that was how we met our mortgage payments during tough financial times. I was amazed by the profits that she could make in the antiques trading market. The differences between buying and selling prices was so great it captured my imagination.
I was a bit of a workaholic when I was younger. I had a morning paper route, an afternoon paper route, and a paper stand to tend to on Sundays, plus I was a caddy at a nearby golf course. So being dragged around to antique sales was not my idea of fun until I recognized the profits that my mother was getting by trading in antiques.
The positive side to all of this work was that I was somewhat self-sufficient as a 9-year-old and always had cash in my pocket, while none of my friends did. And along the way I learned a lot about managing my money and my expenses.
After a while I noticed the potential for profit by in the antique furnitures niche was a lot higher than the vases and paintings that my mother sought. More people are going through their old storage areas and attics now to see if there are any treasures locked away since they became aware of antique markets and due to the popularity of the Antiques Road Show.
As a consequence, there seems to always be some special antique hidden away in a tiny antique furniture shop that just might be the exact item that will pay off your mortgage. As long as it is properly cared for, fine quality antiques furniture value is always increasing. These handmade furniture items are no longer being produced by the historic craftsmen.
The interest in antiques is high already and now more people want more antiques in the market. As a result, the sellers are becoming more informed and more antiques are being brought forward to the marketplace. This makes the entire hobby of antiquing more lucrative from my point of view.
When you sort through your items in storage, you just might find a valuable keepsake or heirloom that has been long forgotten in that box. You can profit from this by re-selling it to an interested antique collector. Craigslist and eBay and Memory Lane are places you can find antiques for sale as well as buyers for your treasures.
Filed under Interior Design by Daniel McGonagle