What does it take to Succeed as an Antique Dealer?

What does it take to Succeed as an Antique Dealer?

“Antique things have an appreciation and worth. Something can be old, but it can be timeless; therefore, it becomes an antique. If this antique is preserved and deemed precious, it could be passed down as a family heirloom,” said¬†CeeLo Green, an American singer-songwriter, rapper, record producer, and businessman.

Well, antique dealing can be a fascinating job in which you will sell or buy old and antique items but for getting success in that field you will need to gain more experience. You should have proper knowledge about what you are selling, what’s its history, how old it is. So to help you, here is what it takes to succeed as an antique dealer.

Get Some Experience:

Well, if you want to become an antique dealer then you must have some knowledge about that industry or you have worked within the industry then only you can be sure that the particular field suits you or not. You may find antique dealing very fascinating but unless you have not worked under a professional dealer, you will not understand how the industry works. To gain better experience in antique dealing, you can work part-time or full-time in an auction house that can help you in your skill-building. 

Find your niche area:

Well, it is very important to know your niche area where you have a stronghold. For dealing as an antique dealer, you should know that in which area of antiques you are specialized because there are plenty of niches available for antiques in the market that includes:

  1. Ornaments
  2. Furniture
  3. Coins
  4. Silverware
  5. Jewellery
  6. Pottery
  7. Artwork
  8. Toys 

If you have an interest in one of these niches then you can work towards gaining more expertise in the particular niche. Try to focus on learning new skills so that you can sell those particular items to your potential customers. 

Become profit savvy:

Well, selling a business can look like a hectic world but it is not true. One thing to keep in mind when you are learning a new skill to develop your antique dealing is that the sale is a transaction between you and the customer, and both of you will get the benefit. It’s a simple process, you make a sale and they will buy the item from you which they have been looking for a long time. Encourage yourself for learning new skills about profit margin, resale values, and how much will be the restoration cost of the damaged item. 

If you want to become successful in antique dealing, you need to take the business seriously. 

Find a platform where you can sell:

Whether you have a perfect item in your possession or not, if you do not have the right place to sell them it’s of no use. As a dealer, you should have deep knowledge about the legitimate platforms where you can sell your items.

Study for a degree or diploma:

Well, it is not necessary to have a degree for being an antique dealer but having a degree can offer you deep knowledge about fine art or history that can give you more knowledge. Once you understand that antique dealing is for you then the best thing will be to expand your knowledge by earning degrees or diplomas. Saint Jovite Youngblood is one of the leading experts in antique dealing for over 20 years, provides the best guide tips to shop for any antique and how to find out fake ones. Saint Jovite Youngblood is the president of Youngblood Metals Mining in Monrovia, California, an expert in jewelry, coins, and vintage toys. A life member of the Numismatic Guaranty Corporation also belongs to the Professional Coin Grading Service.