Buyers and sellers are all looking for the same thing in the end and that is a “bargain”. The buyer is looking for a bargain item to add to their collection and the seller is looking for a bargain item that can be re-sold to the buyer for a profit. Many people today still ask “Are there any bargains out there left to be had”? My answer is YES, you just need to know how to spot the bargain and have patience.
Treasure Hunting – as I like to call it requires lots of careful hunting, seeking, and searching to locate that bargain item. Also, you have a lot of competition as you are not the only one out treasure hunting. With the popularity of online auction sites, antique & collectibles shops, more and more flea markets popping up regularly and shows like Antiques Roadshow, there are a lot of treasure hunters indeed. But, with that being said, all these venues for seeking treasure may actually make it easier to find a bargain…..that’s right, I said easier.
First, it helps to have an idea in mind of what it is you are looking for be it Furniture, Coca – Cola items, Black Americana, Marbles, Fine Art, Oil Paintings, etc…. Get to know what type of items are the most sought after by collectors and develop your keen sense of awareness so when you are out treasure hunting you can quickly scan the area you are looking in for that bargain.
Also, it helps if you can learn the pattern of when shops and stalls receive new inventory and wares and put it out for sale, being first in line to rummage about may indeed yield you a bargain.
Two of my all time best tips for treasure hunting in a antique shop/antique mall is to:
1. Strike up a conversation with the booth(s) owner and let them know what types of items you are looking for and find out how often they rotate their merchandise. Also, if there is an item(s) you are interested in ask the booth owner if they would consider giving you a discount because you are ready to buy right now. Rental space is not cheap in top locations and if sales have been slow you might get lucky and receive a discount.
2. Booths that are going out of business = bargains! Some locations mandate that booths sell x and bring in x in sales and if this does not happen then the booth must close up and leave. If you can be one of the first to rummage the going out of business booth you stand a fair chance of finding a bargain. Usually these booths are in the midst of getting packed up and have 50% – 75% markdowns in the hopes that the owner does not have to haul all his wares away. I can personally attest to these going-out-of-business booths being a great source for bargains as 9 times out of 10, I do find bargains. Also, if you are in a booth that has furniture or cupboards with drawers and doors, open them and look inside as you NEVER know what may be in there or hidden under some paper and linens; I found a lovely Limoges of France pillbox this way! [Read more...]