Five Appraisal Options for First-Time Estate Executors
My friend Stan showed me the inventory that he’d just completed for his uncle’s estate. He was proud of his thoroughness; he claimed to have spent more than 150 hours compiling the inventory and acquiring valuations for the estate’s personal property. I complemented him on his meticulous work. As he drove away I grinned and […]
‘Great Find’ Article Generates Reader Comments
We’ve had a lively discussion following the publication of an article about Will Seippel, WorthPoint’s founder and CEO, and how he stumbled upon a “Great Find” missed by an estate sale’s appraisers (“Expert Appraisers Miss ‘Great Find’ Hiding in Plain Sight”) Will, arriving just before the sale was about to close for the day, thought […]
Rinker on Antiques: What Do Our Customers Want?
On May 12, I attended Western Connecticut State University’s Macricostas Entrepreneur lecture entitled “Succeeding as an Entrepreneur in Today’s Challenging Economic Environment.” Douglas K. Mellinger, vice chairman and founder of Foundation Source, presented the lecture. He was preaching to the choir, at least the one in which I sing. Point after point, I thought: “I […]
Point of View on WorthPoint
Question: Do you consider investing in art, antiques or collectibles an alternative to the stock market? Would you share your strategy with the rest of us? With banks closing, fraud investigations of financial entities, major companies threatened with bankruptcy and stock prices on the decline, investors are looking for safe alternatives. This week gold jumped […]
What Makes a Hobby Board Game Valuable?
Many board games found in antiques shops and other secondhand retailers may not be as valuable as some might hope. More specifically, there exists a subculture of board-gaming enthusiasts such as myself who are not necessarily looking to collect old editions of Risk or Parker Brothers rarities. So what makes that copy of the Avalon […]
Licensed Board Games: Junk or Jewels?
By Michael Barnes What is a licensed board game? Chances are you’ve seen plenty and probably played several in your time. They’re the board games festooned with characters and imagery from television shows, movies or other entertainment media. Whether it’s “Hopalong Cassidy,” “Dick Tracy,” “The Six Million Dollar Man,” “Fantasy Island,” “Pac-Man,” “Desperate Housewives” or […]
Preserving precious letters from the past
How do I protect a collection of poignant World War II letters from my father? First, copy them. Until recently, I always suggested photocopying. Today, I recommend scanning. When copying the letters, make certain to keep the envelope and letter together. Individuals have a bad habit of taking letters out of envelopes and placing them […]
Six Steps to Avoid Fraud
Antiques shops and dealers must always be on the alert for fraud. It is a fact of doing business. This is even truer in this time of staggering job losses and deepening recession. Last August, the Association of Certified Fraud Examiners (ACFE) reported the results of its survey on occupational fraud and abuse. According to […]
Big Ben or Kurt: Who Wins Collectibles Bowl?
If six months ago you predicted Arizona Cardinals would be facing the Pittsburgh Steelers in the Super Bowl, raise your hand. I’m guessing your hand isn’t raised. Neither is mine. Let’s face it—no one saw this Super Bowl coming, and that’s what makes it so exciting. This isn’t the predictable clash of the titans. It’s […]