What Makes An Antique Valuable?

What Makes Something Valuable?

At Foxwood Restorations, we get a lot of questions about determining the worth of the antiques that people have.  As a rule, we tell our customers that anything in good condition that passes through two generations starts increasing in value. A generation can be loosely defined as 20 to 25 years. A piece of furniture at least 10 years old is usually worth restoring. The structure of the furniture as well as the materials it is made of are superior to anything made in the last 10 years. I do not recommend restoring any furniture that is less than 10 years old.

Today,  things that were made in the sixties and seventies are beginning to increase in value. Using this guideline, you may begin to think how does value relate to money or how to determine the value of an antique in Brighton or Howell. An object can vary tremendously in value based on its materials,  age, or by its creator. Value also varies with demand, quantities available, and the specific appraisal.  It is also important to know that the auction value is not the same as the retail value.

To get a true value take an average of all of these values:

  1. Fair market retail valuevalue of an antique in Brighton or Howell
  2. Gift value
  3. Insurance value
  4. Discount value
  5. Auction value
  6. Trade value
  7. Wholesale value
  8. Estate value
  9. Distress value
  10. Materials Value

If you need furniture restorations in Brighton or Howell, contact Foxwood Restorations today.