Jan 29, 2014

Following the Supply-Demand Antiques Prices Triangle

For the past couple of weeks, I’ve been following a discussion of antiques prices on a LinkedIn forum. The participants are all dealers, and the conversation continues as I write. Supply and demand antiques prices. It’s been a lively discussion, and the general tone of the thread is respectful, which I find refreshing.

Here are a few of the comments:

• Antiques prices are too high.

• Prices are coming down due to lowered demand.

• Auction prices drive down retail prices.

• The downward pressure on prices comes largely from the lack of pressure that buyers feel to purchase. In the “old” days, if you hesitated on an item, someone else was behind you ready to buy.

• The only answer is to increase demand, or the downward pressure on pricing will continue.

The apparent lack of demand for our products is often a topic of discussion. Lack of demand is often blamed for lower transaction prices. Read More

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