When the Northeast was hit with a massive rain storm in April, and our main warehouse—located in Flushing, N.Y.—flooded. Well, if it was just flooding, it might not have been so bad. But the warehouse roof collapsed, which led to the flooding.

The roof fell in on half of the primitive furniture we sell and, of course, it fell in on the merchandise that was waiting to ship out to customers. The rainwater pouring in through the huge hole in the roof left much of our vintage labels and signs—that were in the staging area for shipping—floating or submerged under thousands of gallons of water.

After first assessing the damage, I remember saying to my assistant, “this is going to be a long few days.” I was trying to put on a brave face; I didn’t know how long it was going to take to get back in business. As it turns out, it took a month to get up and running again! But we were never going to get back in business until we started the salvage project.

After first assessing the damage, I remember saying to my assistant, “this is going to be a long few days.” I was trying to put on a brave face; I didn’t know how long it was going to take to get back in business. As it turns out, it took a month to get up and running again!

We worked tirelessly throughout the first days, pumping water out of the warehouse. I had to call a contractor in to remove and repair the roof so we could see what damage was beyond the rubble. Some people told me, “don’t worry insurance will cover this.”

But the sad truth is, if you don’t have flood insurance on your policy, insurance will not cover the damage. Guess who didn’t have flood insurance. We had a lot of customers who were waiting for orders that would never arrive and payments that would have to be refunded.

At that moment, I thought to myself this is an impossible situation. I could not take any more battering from this catastrophe. The worst part for me was thinking about all the beautiful items that were ruined forever and could never be replaced, as well as how we were going to reorganize ourselves so we could be sufficiently back in business in as short a period of time as possible.

We broke into teams. Team A was the customer service team. We called customers and told them what had happened and promptly refunded orders where the items were destroyed and could never be filled. Team B worked on the inventory control. Every damaged item now had to be categorized in our system as no longer available. Team C worked on the clean-up of the facility. It took us a whole month to become fully functional again.

When we had a final assessment in hand, we had lost dozens of sales and $50,000 worth of merchandise.

Tremendous lessons were learned through this experience, though. Perhaps the greatest, and most unexpected lesson learned was how wonderful the people who work for me are. Nobody complained. Everybody came in everyday to work towards getting us up and running again. The second thing we learned was how incredibly giving our customers could be. There were many customers who said they didn’t mind waiting if we could find the item for them again.

However, the most important lesson learned is that anything can happen at any time, and you need to be fully prepared for when these things happen. You should never take for granted any situation.

A parachute or life preserver is always something you should have in hand. A hard lesson learned well. We have flood insurance on our policy now. Yes, it costs more, but in the long run, it goes a long way towards saving you time, money and aggravation.

GoAntiques seller Laura Trueman runs Rene’s Vintage Treasures and RVT’s Primatives.

———————————

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Whether Victorian furniture or 18th-century salt-and-pepper shakers intrigue you, you’re bound to find something you like among the auctions’ array. Look through the catalogs (click here for May 16, here for May 17). If you can’t wait for the live online auction, place an absentee ballot after registering. (All bidders must register.)

To whet your interest, take a peek at just a few items up for bids.

Lot 2512594 (May16 auction) is a Spanish National cash register. What a wow, this circa 1908 to 1916 complex and intricate machine was designed to be used by nine different clerks or keep track of nine separate departments. It was also the most expensive machine produced at the time, with prices from $315 to $555, possibly much more if a floor stand or other options were added. It is in very good condition and carries an estimate of $1,700 to $2,200.

Antique Spanish National cash register

Lot 2512749 (May 16 auction), a sheet poster of the movie “Woman of Rome” with Gina Lollobrigida. La Lollo, once deemed the most beautiful woman in the world, starred in this Luigi Zampa flick. “Love was her profession . . . men her career!” the poster proclaimed. Pretty racy for 1956. In very good condition, it’s estimated at $275 to $400.

"Woman of Rome" poster

Lot 2513471 (May 17 auction), “Army of the Future,” a book by Charles de Gaulle. Charles de Gaulle, a World War I hero, fell out of favor with the French military brass after writing this book in 1934. He made a case for a small, highly mechanized, quick-moving army, arguing that the old theories of warfare that produced the Maginot Line, erected to stop the Germans should they decide to invade, would no longer work. He proved, tragically, correct. When the Germans did invade in 1940, they used new tactics, went around the Maginot Line and quickly added France to their list of conquests. In good condition for its age, it’s estimated at $35 to $65.

"Army of the Future" by Charles de Gaulle

Lot 2512634 (May 16 auction) is a splendid example of 19th-century craftsmanship. This writing desk and étagère comes from the workshop of John Jelliff (1813-1893), a renowned New Jersey cabinetmaker. From 1836 to 1890, John Jelliff and Co. produced what is considered some of America’s finest, handcrafted furniture. Made from fine rosewood, the desk measures approximately 64.5 inches high by 36.75 inches wide and 23.75 inches deep. Condition: Very good. Estimate: $7,750 to $9,000.

Antique Victorian American desk

Lot 2513444 (May 17 auction), a circa 1850 rose medallion reticulated basket in good condition. This Chinese Export chestnut basket, sometimes called a fruit basket, is 10.75 inches by 10 inches with a height of 4.25 inches. There is no underplate. It is estimated at $950 to $1,200.

Circa 1850, rose medallion reticulated basket

All these items are subject to a reserve price.

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As Will Seippel, founder and CEO of WorthPoint, sees it, “People come to an auction hoping to find something they want, preferably at a good price. They also want items to be described accurately and in a consistent manner.”

That’s why Thom Pattie, WorthPoint’s chief Worthologist and a 40-year veteran in the auction industry, was chosen to lead this exciting auction. Thom is helping the dealers review all items for accuracy and value. That should give buyers confidence when bidding.

As Thom says, “You won’t find any Pigcassos being sold as Picassos in this GoAntiques Auction.”

Here are some auction highlights.

Lot 1502151, a sterling-silver pot for chocolate or demitasse coffee. Since 1831, the Gorham company has produced beautiful silver items favored by presidents and their wives from Mary Todd Lincoln to George W. Bush. This pot has simple, classic lines with ivory separators to keep the handle cool. The Gorham mark and date letter for 1947 are inside the base. In very good condition, the estimate is $250 to $300.

Gorham sterling pot

Lot 1502120 is a collection of three adorable Niloak frogs. These midcentury, high-glaze pieces can be used as planters or ashtrays. Standing—or more accurately sitting—4-and-half inches high, there are no chips or cracks, and show only minor glaze imperfections consistent with manufacturing. Estimate: $200 to $300 for the lot.

Niloak frogs

Lot 1502252 is a beautiful painting attributed to Austrian artist Paul Grabwinkler (1880-1946). This hand drawing depicts a very young Pan, the Greek nature god who was half-goat. Grabwinkler captures the joy of the little fellow, horns just beginning to sprout, as he plucks some grapes. The mixed-media work is in excellent condition and has an estimate of $800 to $1,200.

Grabwinkler painting of a young Pan

Lot 1502141, an 8-inch Weller vase. This Deco-style mauve vase has a matte finish and is decorated with a lovely dogwood flower. With no cracks or chips, the estimate is $100-$175.

Weller vase

Lot 1502117 is an oil on masonite from Deanna Matteson’s “Bride Goes West” series. Known for her fine realism style, Matteson favors Old West subjects. Here, she has painted a bride “Standing in her parlor.” In very good condition, the estimate is $1,200 to $2,000.

Deanna Matteson’s “Standing in her parlor”

Lot 1502060 is a fabulous antique sterling-silver purse. Made circa 1880, it is in perfect condition without a tear, hole or anything missing. A striking accessory that can be carried as a purse or hung from a belt. It would make a wonderful wedding gift, one that the bride will still be thanking you for at her 50th anniversary. Estimate: $325 to $400.

Antique silver purse

Lot 1502108, a Van Briggle Hopi maiden figure. The Van Briggle company has been producing fine pottery since 1899 with some of its pieces on display in the Metropolitan Museum of Art, the British Museum and the Louvre in Paris. This 6-and-a-half-inch depiction of a maiden kneading corn was created some time in the early- to mid-20th century. It has an estimate of $175 to $200. (Buyer pays shipping and handling costs.)

Van Briggle Hopi woman

All these items are subject to a reserve price.

For more information on the auction, click here. To register, click here.

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Our Fighting Forces #158. A week after ordering on GoAntiques, I have my comic and am quite happy. I have my comic in hand and, to my delight, it is in the described condition. I am now going into a collector's fit, wherein I need to own all the DC Kirby war comics.

About a month ago, I wrote about browsing through GoAntiques, looking at some Bronze-age Jack Kirby war comic (read Testing the GoAntiques Waters – Buying a Comic Book Part I). I had not, at the time, purchased anything from a GoAntiques vendor, but I found several Our Fighting Forces comics and was smitten. I was even more so when I discovered an issue of Our Fighting Forces #158. At the time, I wrote that I was going to knuckle under and order it, and I promised I’d let you know how the whole process with GoAntiques went. Well, I’m here to report.

A week after ordering, I have my comic and am quite happy. Payment was easy and ran a little differently than other auction/shopping sites I have experienced. I agreed to purchase the comic, at which point an e-mail is sent to the seller to make sure the item is in stock. It’s not until the seller responds saying the comic is available that the buyer is asked to pay for the item, which I did using PayPal. There were credit card options offered as well. Shipping is decided by the seller, and most shipping rates can be found in the descriptions of the items. Six days later I had my comic and, to my delight, it was in the described condition, which has now sent me into a collector’s fit, wherein I need to own all the DC Kirby war comics. It’s a condition I’ll have to live with for the time being but one I’ll be satiating with the new hardcover collection of Kirby’s The Losers.

All-in-all, I found my GoAntiques experience to be a good one, with good communication from seller and a product that was represented very well. My criticisms come not with the site, but that some of the sellers are listing items for ridiculous prices. Now, of course, their will always be the school of thought amongst retailers and collectors both that the Overstreet Guide should be used as the bible of comic pricing, not just a “guide” to pricing comics. A theory that, in my opinion, only makes sense for the seller. It would be nice if we could all get top-dollar for our comics, but the truth of the matter is there is a real-world market out there that doesn’t pay much attention to the price guides. It seems that sites like eBay have become the ultimate nullifier to the comic price guide by showing what actual people are paying for comics new and old. Just because your price guide says a comic is worth $200 doesn’t mean you will be able to find a buyer willing to pay that price.

I would argue that GoAntiques could do a better job suggesting prices for sellers, or perhaps allow sellers to list similar books along side each other to allow buyers to pick their price along with their condition. Also, a feedback or reputation score for each seller would help with buyer’s confidence. In recent months, sites like eBay have tightened restrictions on their feedback policies watering down their meaning even more and perhaps GoAntiques would run into similar problems in the future. However, I did find it a little nerve-racking clicking the buy button not knowing how the seller I was buying from grades their comics. As I said earlier, I was happy, but the experience could’ve been even scarier had I been purchasing a $100 comic with no real knowledge of the seller.

Matt Baum is a Worthologist who specializes in comic books.

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I’ve spent hours cycling through countless eBay auctions looking at comics that the seller swears are in mint condition only to receive a comic in Very Good condition at best. If you know what I’m talking about in that last sentence, then you know the difference between Very Good and Near Mint is huge. In fact, I’ve often argued that mint-condition comics do not exist, and even near-mint copies are hard to come by.

Yet, if you search “Mint Comics” on eBay, you’ll currently find more than nine pages of results. Near mint, maybe, but 10.0 mint condition, no way. I’m not saying all these sellers are frauds, but rather they don’t seem to have the knowledge that longtime collectors or even retailers have of their own comics.

This is where GoAntiques seems to have an advantage. Are there some sellers there are asking ridiculous prices for garbage comics? Yes. However, there seems to be a large group of sellers who have professionally graded their comics and actually know what they are talking about.

Our Fighting Forces #158. After browsing like a nerdy shark looking for a back-issue to sink my teeth into, I found this one on GoAntiques. I made the purchase, and will report on what I actually bought when it shows up.

This afternoon, I spent an hour looking at some Bronze-age Jack Kirby war comics on GoAntiques that I would love to own. As of yet, I haven’t made any purchases but will let you know about my experience when I do. I don’t think I can resist these Our Fighting Forces comics much longer. When clicking on the page, I found the layout easy to read and simple enough not to get lost in the details. Most of the sellers I clicked on stated the grade/condition of the comics and that the dealer was using the Overstreet Comic Book Price Guide for their pricing.

I’m not saying that Overstreet is the end-all, be-all of comic-book pricing. Remember, just because a comic-book guide says something should sell for hundreds of dollars does not mean you’ll be able to find someone to buy it for that price. I do like sellers who state they are using Overstreet as their guide because it is well accepted and used by most professionals and collectors alike as a way to establish a condition grade and a fair price.

So I’m browsing like a nerdy shark looking for a back issue to sink my teeth into. One thing that could be improved upon is the taxonomy. Rather than just lumping everything into comics, it would be nice to see Golden, Silver, Bronze and Modern-age sections (by the way, if anyone from GoAntiques is looking for a nerd to help with comic-book taxonomy, I’m your guy). Not all of us can afford Golden-age comics or are even looking for them in some instances. Some of the sellers have included ages in their descriptions, and when I searched “Bronze-age” comics, I did find quite a few issues including the Our Fighting Forces #158 I keep coming back to. So maybe my taxonomy gripe isn’t warranted, or at least it wouldn’t be if more sellers would include the ages in their descriptions.

The next step is to buy, I guess. One thing that leaves me a little uneasy is the lack of feedback on the dealers. Maybe I’m missing something, but there doesn’t appear to be any. I’m sure this dealer is a fair-enough guy but reading someone else’s message to confirm this would put my mind at ease. Oh well, this is a learning experience, and I’m getting paid $10 dollars a word (chuckle), so here goes.

Checkout is pretty self-explanatory, paid with PayPal, but had the option of using my credit card, and now I wait. In Part Two of this story, I’ll talk about what happens next (how long the comic took to arrive, the condition, etc.). For now, I wait to hear from the seller to make sure they still have the comic in stock, which is a pretty handy function for store owners who want to have their inventory for sale in their brick-and-mortar store and on the Web. I’ll report back with my findings soon.

Matt Baum is a Worthologist who specializes in comic books.

WorthPoint—Discover Your Hidden Wealth

Under the terms of the acquisition, WorthPoint founder and CEO Will Seippel will remain chief executive officer, and GoAntiques President and CEO Jim Kamnikar will serve as WorthPoint’s president. The combined company will have more than a half-million registered members and more than a million unique visitors per month.

Founded in 2007, WorthPoint offers a database of sales records on art, antiques and collectibles from hundreds of auction houses. Its rich multimedia experience helps collectors understand the value of their items. Members can take advantage of expert advice from the Company’s Worthologist team on how to preserve or sell antiques and collectibles. Members can also share their knowledge and create online collecting communities.

GoAntiques is the oldest Web antiques-and-collectibles site. It offers 650,000 items from approximately 1,300 dealers in 31 countries. GoAntiques logs about five million page views and thousands of transactions each month and has approximately 450,000 registered members. GoAntiques’ PriceMiner(R) guide is the biggest in the world, offering prices on 27 million collectibles and pieces of art and over 32 million images.

“The art, antiques and collectibles industry is undergoing some dramatic changes as the population ages and we face uncertain economic times,” said Will Seippel. “Combining GoAntiques’ wealth of experience in the art, antiques and collectibles market with our unmatched database of 4.5 millionauction entries helps put WorthPoint in a leading position to reinvigorateour industry.”

Seippel added, “In the future, we will look to both organic growth through sales and marketing initiatives and possible strategic acquisitions to build our subscriber base.”

“WorthPoint is taking important steps to ensure a seamless transition in the acquisition of GoAntiques,” said Jim Kamnikar. “In the coming months, we will be unveiling new features and services to help people understand the antiques and collectibles they own, determine their value and how to monetize them. Members can look forward to a diverse community supporting different areas of collecting, a new Internet-auction environment and a taxonomy that will make finding, pricing, researching and selling antiques much easier.”

About WorthPoint
Atlanta-based WorthPoint Corp. is an Internet-based data-and-media company that offers a vast database of sales records on art, antiques and collectibles. Founded in 2007, WorthPoint has quickly become the world’s largest social network for researching the worth of antiques and collectibles. WorthPoint helps collectors understand the worth of their items and provides expert advice from its Worthologist team on how to preserve or sell antiques and collectibles.

Contact Public Relations
404-549-6979 ext. 9017

It is the second honor is as many weeks for WorthPoint. Last Thursday, WorthPoint CEO Will Seippel was one of five finalists in the “Technology Entrepreneur” category of the AeA Southeast Council’s “2008 Spirit of Endeavor Awards.”

The AeA is the nation’s largest technology trade association representing all segments of the high-tech industry. The awards recognize outstanding individuals and companies in the region’s high-tech community.

“WorthPoint is proud to be a part of Georgia’s high tech business community,” said Seippel. “Joining the Advanced Technology Development Center (ATDC) continues to pay dividends as we offer new services and grow our membership.”

About WorthPoint Corporation
WorthPoint Corporation ( http://www.worthpoint.com/ ) is an Internet-based data and media company that offers a vast database of sales records on art, antiques and collectibles. Founded in 2007, WorthPoint has quickly become the world’s largest social network for researching the worth of antiques and collectibles. WorthPoint helps collectors understand the worth of their items, and provides expert advice from its team of Worthologists on how to preserve or sell antiques and collectibles. WorthPoint recently announced plans to acquire Dublin, Ohio-based GoAntiques, the oldest antiques-and-collectibles site on the Web.

Contact Public Relations
404-549-6979 9017

As the holiday quickly approaches, dealers at GoAntiques have numerous Thanksgiving collectibles and antiques to offer. From early 1900s postcard greetings to collectible salt-and-pepper shakers, there’s something for every type of collector.

Among the most frequently found Thanksgiving items on GoAntiques are vintage postcards. Usually not more than $10, most of these greeting cards are from 1900–1915 when sending Thanksgiving cards to friends and family was more typical than today. The cards generally feature pastoral scenes with turkeys, cornucopias with autumn vegetables, and fall foliage.

As mascot of the holiday, turkeys grace many of the Thanksgiving collectibles at GoAntiques. There are several sets of mid-century turkey salt-and-pepper shakers available to complement a Thanksgiving table and a few collectible plates featuring turkeys. One highlight is an Alfred Meakin Staffordshire platter complete with large, colorful turkey in the center of the plate. The age of the platter is unclear. A good guess puts it somewhere in the first half of the 20th century. Also available are a 1950s Norman Rockwell plate with the artist’s famous Thanksgiving painting and a Bareuther Thanksgiving plate from 1971.

An especially appropriate couple is celebrated with a pair of 1930 Bradley and Hubbard bronze bookends: John and Priscilla Alden. The Aldens are thought to be the third couple to marry in the Pilgrims’ Plymouth colony in Massachusetts; this colony was among the first to celebrate Thanksgiving in America in 1623.

Vintage magazines are also available at GoAntiques, including a Thanksgiving issue of Life magazine from 1944. Several special Thanksgiving advertisements from the 1950s and 60s, along with a 7UP cardboard advertisement for the holiday, are also being sold.

Whatever makes up your collection—vintage greeting cards, collectible plates, or retro advertisements—there is certainly something at GoAntiques to complement it and add a bit of Thanksgiving spirit at the same time.

WorthPoint—Get the Most from Your Antiques & Collectibles

This week we are hosting two feature pages, one for Thanksgiving and the other in honor of Pearl Harbor Day. As I promised last week, I’ll provide you with the URLs and information about how you can participate.

First, the Thanksgiving Day feature. On this page, you’ll find an article featuring vintage post cards and a Thanksgiving video that you can email to your friends and family. The post cards in the story feature cards from a variety of GoAntiques’ dealers, while the video features post cards from R & J Silver and Such.

Second, the Pearl Harbor Day collectibles page can be found here. Pearl Harbor collectibles are rare. If you have any in your shop, now may be the time to list them in you inventory and send us a link. On this page you’ll find a story about some of the Pearl Harbor Day collectibles on the GoAntiques site, and soon there will be a couple of historic videos. If you have a Pearl Harbor Day item, you can also add an item or two—but please no more than two—and include a link to your site.

How can you participate

Thanksgiving:

1. You can add a comment to the Thanksgiving card story here, or you can include a thanksgiving collectible (with link) from you site.
2. You can share a thanksgiving custom or what you are thankful for this year here,
3. You can suggest additional stories we could post on the site for thanksgiving or for future feature pages, by sending your ideas to news [at] worthpoint [dot] com.

Pearl Harbor Day Collectibles

1. You can add a comment to the Pearl Harbor Day feature story here.
2. If you were a Pearl Harbor, you can share a memory about that day and what you think would be interesting or important for the rest of us to know about.
3. You can send us possible feature pages, story ideas, comments or suggestions to news [at] worthpoint [dot] com. We really want to her from you.
Featured Item of the Week

Each week we will feature one item from the GoAntiques site. Originally our intention was simply to promote better images and written copy. Your feedback suggests that price is an equally important criterion. It’s a good suggestion. We appreciate it, and we will consider price from here on out. Should you like to suggest a feature have an item, please send it to us, with the image, the description and the URL at news [at] worthpoint [dot] com. Please put “Sellers Item” in the subject line.

— Gregory Watkins
Sellers News Editor

As you have probably noticed, this edition of the GoAntiques Buyers News has a little different look and feel. That is because GoAntiques has merged with WorthPoint, an Internet-based data and media company that helps collectors understand the worth of their items, and provides expert advice from its team of Worthologists on how to preserve, buy and sell antiques and collectibles.

You will find your favorite newsletter items are still in the new version, plus some new content from the WorthPoint site and PriceMiner that will offer news and information about the art, antiques and collectibles world. The newsletter will also include collecting tips, interesting items for sale on GoAntiques, and a list of upcoming events.

We hope you enjoy the new version of the GoAntiques Buyers News. Our goal is to create a newsletter that is useful and informative. You can help us by sending suggestions, comments, story idea, even criticisms to news [at] worthpoint [dot] com.

— Gregory Watkins
GoAntiques Buyers News Editor

Under the terms of the acquisition, WorthPoint founder and CEO Will Seippel will remain chief executive officer, and GoAntiques President and CEO Jim Kamnikar will serve as WorthPoint’s president. The combined company will have more than a half-million registered members and more than a million unique visitors per month.

Founded in 2007, WorthPoint offers a database of sales records on art, antiques and collectibles from hundreds of auction houses. Its rich multimedia experience helps collectors understand the value of their items. Members can take advantage of expert advice from the company’s Worthologist team on how to preserve or sell antiques and collectibles. Members can also share their knowledge and create online collecting communities.

GoAntiques is the oldest Web antiques-and-collectibles site. It offers 650,000 items from approximately 1,300 dealers in 31 countries. GoAntiques logs about five million page views and thousands of transactions each month and has approximately 450,000 registered members. GoAntiques’ PriceMiner® guide is the biggest in the world, offering prices on 27 million collectibles and pieces of art and more than 32 million images.

“The art, antiques and collectibles industry is undergoing some dramatic changes as the population ages and we face uncertain economic times,” said Seippel. “Combining GoAntiques’ wealth of experience in the art, antiques and collectibles market with our unmatched database of 4.5 million auction entries helps put WorthPoint in a leading position to reinvigorate our industry.”

Seippel added, “In the future, we will look to both organic growth through sales and marketing initiatives and possible strategic acquisitions to build our subscriber base.”

“WorthPoint is taking important steps to ensure a seamless transition in the acquisition of GoAntiques,” said Jim Kamnikar. “In the coming months, we will be unveiling new features and services to help people understand the antiques and collectibles they own, determine their value and how to monetize them. Members can look forward to a diverse community supporting different areas of collecting, a new Internet-auction environment and a taxonomy that will make finding, pricing, researching and selling antiques much easier.”

About WorthPoint
Atlanta-based WorthPoint Corp. is an Internet-based data-and-media company that offers a vast database of sales records on art, antiques and collectibles. Founded in 2007, WorthPoint has quickly become the world’s largest social network for researching the worth of antiques and collectibles. WorthPoint helps collectors understand the worth of their items and provides expert advice from its Worthologist team on how to preserve or sell antiques and collectibles.

Contact:
Dan Greenfield
WorthPoint
Dan [dot] greenfield [at] worthpoint [dot] com
(404) 549-6979 x9029
(404) 310-0023 cell

WorthPoint is pleased to partner with our sister company, GoAntiques, to inform and educate people about the diverse world of antiques and collectibles. Jim Kamnikar, formerly the CEO and President of GoAntiques and now the President of WorthPoint and GoAntiques, talked with Ray Kisber at the Miami National Antiques Show. Kisber is an expert in the area of modernism – its evolution from art nouveau to art deco to post modernism styles and he explains what to look for in pieces from this era.

WorthPoint – Get the Most from your Antiques and Collectibles