How To Refurbish Antiques For Profit?

Can you make money restoring antiques?

Restoring antiques can be a fun and lucrative way to make money. The initial investment is usually quite low, and you can begin making money very quickly. Usually, you ‘ll get to make your own hours and set your own prices, ensuring a rewarding experience.

Does restoring an antique lower the value?

“ Antiques Roadshow generally agrees with this notion: Well-conceived and well-executed refinishing and restoration usually enhances the value of just about any piece of old furniture”. And they usually don’t make the point that anything repaired and or refinished was probably in pretty poor shape to begin with.

How much do antique RESTORERs make?

Salary Ranges for ANTIQUE FURNITURE RESTORERs The salaries of ANTIQUE FURNITURE RESTORERs in the US range from $32,400 to $48,600, with a median salary of $40,500. The middle 67% of ANTIQUE FURNITURE RESTORERs makes $40,500, with the top 67% making $48,600.

Is it profitable to sell antiques?

Whether you choose to sell to a dealer or to an auction house, remember they will need to make a profit too. Selling antiques to a dealer means you usually get paid immediately and the dealer will factor a profit into their purchase price.

Do antique shops buy items?

Vintage and antique goods can often bring you money if you’re selling the right items. After all, local antique shops buy with the hope of re-selling at a profit. For that reason, most antique shop buyers are going to try to give you a lowball offer.

Are antiques a good investment?

Most antique purchases are still a wise investment. These individuals often inflate values beyond their natural level and cause them to drop when they dump their investments on the market. Many true collectors have become wary of the shifting economic conditions and have less faith in antiques.

Is it bad to restore antiques?

For most antique pieces, a very good restoration job will actually enhance the value of the item. Good restoration allows the beauty of the piece to show, and it makes the antique attractive and useful in your home.

Should I refinish an antique?

Antique furniture will often diminish in value if they are refinished. Unless the finish is seriously damaged, you would be better off to leave it alone. And if it is significantly damaged, unless you are an experienced refinisher, this is a job best left to the pros.

Does painting an antique devalue it?

If an antique is valuable – say 4 figures and higher – covering an original finish, with the aged patina of years of loving care, painting that piece will affect its value – almost guaranteed, negatively.

How much do restorers earn?

Median Annual Salary: More than $72,740 ($34.97/hour) Top 10% Annual Salary: More than $40,670 ($19.55/hour) Bottom 10% Annual Salary: More than $23,520 ($11.31/hour)

What is the best way to sell antiques?

There are three basic ways to sell privately, including via the internet, to a dealer, or at auction.

1. Privately. The internet has transformed the antiques trade and there are now many online auction sites and marketplaces, where you can sell your items, although there can be risks involved.
2. Dealer.
3. Auction.
4. Useful contacts.

Where can I sell my antiques?

Antiques: Where Do You Find All This Stuff?

1. Estate Sales.
2. Garage Sales.
3. Flea Markets.
4. Live Auctions.
5. Thrift Stores.
6. Shops and Malls.
7. Shows.
8. Online.

Where can I sell antiques online for free?

Here are the top ways to sell antiques and collectibles online:

• Ebay. Selling antiques on eBay has been one of the go-to ways for dealers to put their collections in front of thousands of people for over two decades.
• Etsy.
• Ruby Lane.
• Craigslist.