Going Once,
Going Twice
A Guide to Buying Antiques, Art
and Accessories at Auction
Part Three: Examining Stuff
By Chuck DeLaney
In the
first installment of
this series, we covered what auctions are, why they might be of
interest to the interior designer and decorator, and how the
auctioneer gathers the merchandise that will be sold at
auction. We'll get back to the mechanics of how the auction is
actually run, and how to bid successfully, in the next
installments.
In the
second installment,
we discussed how a small tool kit will allow you to inspect the
merchandise before an auction so you can avoid getting
burned.
In this installment we'll show you how to use that tool kit to
examine the merchandise you are interested in buying.
Before we get started, I just want to add that I'm anxious to
hear any feedback, comments or questions anyone reading this
series might have. Please e-mail me at editorialdirector@sheffield.edu
.
Don't worry, we're going to get down to bidding and strategy
soon enough. But first you have to know what you're bidding on.
In our first two installments we discussed what auctions are,
and listed the simple tools you should bring with you when you
view the merchandise that will be for sale. Now it's time to
discuss how to examine any object that you might consider
bidding on when it comes up for auction.
First, let's consider the physical state
of the object. Start with the object's age. Is it the real
deal? Is it an antique? Could it be a reproduction? If it
is, is it a new, just-made reproduction or was it made
some time ago? Is it in good shape? Has it been repaired?
Is it broken or wobbly?
It is best not to purchase anything at an auction unless you
have a pretty good idea what the item really is, and what shape
it's in. Let me offer a few examples based on my own
experience.
A small bronze lamp that I had not noticed during the viewing
came up for bid in one of my favorite auction houses. It was in
a vague art deco style, and I bought it for, as I recall, $45.
I didn't think it was an exquisite piece, but I needed a table
lamp for a nice dark chest of drawers, vintage American oak
1930s deco-style with bakelite handles, that I had "stolen" at
the same auction hall for about $75. This looked like an old
reproduction at a great price. Imagine my surprise when I held
the object in my hands, turned it over to look at the base and
inspect the wiring and saw a bright brand-new label that read
"Made in China." It had everything but a bar code.
Now, the guy who runs this auction house is very fair in his
descriptions. He never says something is old if it isn't. On
the other hand, he's successful in the business and he won't
necessarily tell you something is new. His catalog correctly
described the lamp as "bronze lamp." If I had held it in my
hands before it turned up on the block, I would not have bid on
it, much less bought it. I would have spent a little more to
buy something that was actually of the period. In addition to
the "China" label, the detailing of the lamp was somewhat
crude. I might not have gotten a bargain, and perhaps I paid
too much.
Remember a saying that's been around since Roman Times: caveat
emptor. Let the buyer beware.
It's one thing to make that kind of mistake when you're dealing
in the low two figures. It's a lot more serious when you're
dealing with high three, four, or five figure prices. I urge
you to inspect every piece closely.
So that brings us to:
Rule One: Handle what interests
you.
First, if it's an accessory of some sort,
unless it's very expensive and very fragile, pick it up.
Examine the object from all sides. Look underneath. Look
for dents, chips and dings. Look for signs of use and
wear. Look for repairs. Look closely. Does it feel like
what you think it is?
Once you get familiar with say, Fiesta ware, it's pretty easy
to tell when you touch a piece whether it's the real vintage
item or whether it's the modern authorized reproduction
variety, or the old knock-offs that were made in the 40s and
50s. Here's a case where any one of those three categories
might be of possible interest to a collector or someone who
wants to simply use Fiesta ware on their table. But you better
know which it is that you're purchasing.
If you're buying a set of tableware, silverware or glassware,
make certain that each piece is in good shape, or make an
inventory of what is usable. A china set with eight dinner
plates but only six dessert and five salad plates may be fine
for your household, but make sure you count everything. And,
because the set is not complete, you'll probably have fewer
people bidding against you.
Some people like making repairs to damaged objects. I don't. I
know I'll never get around to it. I want the things I buy at
auction to be in very good or perfect shape, ready for me to
enjoy.
Let me point out that I don't mean that the object must be
pristine. Glassware, yes. No chips or cracks. But an old piece
of furniture, even an old print or tintype can show some wear
or as one auctioneer calls it, "aggravation." But it is
important that you note the condition because that will be a
factor in making up your mind about how much you're going to
spend for the item.
In fact, while talking about dollar amounts is a little bit out
of order, it's so important, and it's a process that should (in
my mind) start when you first encounter the object. So let's
turn to Rule Number Two.
Rule Two: Start to think about what price
you're going to set in your mind as your maximum bid for this
object.
You'll probably refine that figure as
time goes along, but it never hurts to start thinking
about this early. We'll talk about this "maximum price"
more in later installments, but you might as well start
now. After all, when you shop in stores, either antique
stores or supermarkets, there are prices "set" for
everything. But at auction, as we've learned, most times
the "fair" price of an item is set by what one bidder, the
top bidder, is willing to pay for that object.
All of the small items you'll encounter should be inspected for
common sense problems, such as those we mentioned before. You
probably don't want a big scratch in the surface of an oil
painting, although you might tolerate a fold in the corner of
an old print or map.
If you want to amass a collection, let's say of Mission-era
pottery, perhaps Roycroft items, get familiar with the objects
and prices by visiting dealers and antique shops. Check and see
what condition items that are put up for sale are in. Get an
idea of prices by going to lots of shops that carry the kind of
thing that interests you. But remember, you're there to learn,
not necessarily to buy.
Let's get back to our pre-auction viewing. Examine items
carefully. Is there a label? Are there dates or the "signature"
of the maker? Can you see anything else that adds or detracts
from the object?
Rule Three: If something doesn't seem
right, look harder.
Even without turning over my bronze from modern China, I would
have known it wasn't what I thought it was because it wasn't as
heavy as it should have been. If something is too light (or
even perhaps too heavy) for your expectation, an alarm bell
should sound in your head. Look for more clues.
If there are several elements to an item, do they really look
like they belong together? You see this a lot with old oil and
kerosene glass lamps – the top doesn't quite match the bottom.
If there's a metal holder for the wick, does it fit properly on
the base?
Particularly with old fragile items, such as glass lamps,
you'll often encounter what we call "marriages," where a base
and top that were made by different manufacturers have lost
their original mates and have now been combined into one
"item." As I describe this, I realize that perhaps the term
should be "remarriage."
If you're looking at old rugs, watch for partial fading. You'll
need good light to see this and if the hall is dark, you might
want to use your flashlight. If a good rug has been in the same
spot for ten, twenty or fifty years, and if part of the room
was bathed in direct sunlight, you'll likely see some
fading.
Rule Four: For larger objects, such as
furniture, make sure everything works.
Life is too short to buy a chest of
drawers and discover after the fact that one drawer was
poorly repaired years ago and sticks. Or that you can't
unlock two of the cubbies in that great roll top desk you
bought. Or that those chairs that looked like they would
be just right for your breakfast table are cute but very
wobbly.
Open every drawer; check all the hardware. Pull out at least
one entire drawer and look how it is assembled. Is it pegged,
dovetailed, or nailed? If it's really old, examine the cuts,
frets and turnings. Do they look like they were made by power
tools or by hand tools? Always look at the back of every case
piece. Does the back look original? Does it show signs of
repair? Is the back finished?
If the item is made of wood, is there any sign that anything is
warped?
With mirrors and framed prints, photographs, and paintings you
can learn a great deal by looking at the back. If the back is
new, there's a good chance a mirror has been resilvered.
There's nothing wrong with that and many clients prefer a good
mirror surface rather than a vintage one that shows some age.
But you want to know what you're buying. It's the same with
pictures – it's often easy to tell that the frame was assembled
years ago and hasn't been opened since. Is the back an old
piece of wood or a new piece of matte board? If there are
multiple fasteners and evidence of holes from another era, the
chances are something has been reassembled.
I once bought a great old iron single bed that my daughter now
uses. The headboard, footboard and rails were covered with very
old paint. Here was an instance where I was willing to put in
the effort to strip the old paint down to metal and repaint
this delicate, lovely bed. And I got it for only $25! Perhaps I
was the only person who, in my excitement, failed to notice
that the two rails were of different sizes. Only one fit the
bed! It took me some time to strip and paint the bed, and only
then, upon attempting to assemble it, did I learn that I needed
to find another rail that would fit. That took another nine
months, and when I did find the rail I needed, it was part of a
pair that cost me $40. I still think I got a great deal, but I
had to put more effort into the project than I had
anticipated.
Rule Five: Measure the object.
Rugs, furniture, and large paintings
should be measured. Make sure they fit the measurements
for the spaces for which you're shopping. Even if you know
there's plenty of room for an object, unless you're going
to take it with you that evening (assuming you're lucky
enough to buy it), you'll find it's handy to have those
measurements with you so you can plan for the delivery of
the item.
I wish I could tell you I've never bought something and later
discovered that I couldn't get it up a narrow staircase or
around a tight corner. The more information you have, the less
likely you'll get surprised. There's nothing worse than buying
a great runner that's 38" wide only to discover that your
hallway is only 36-1/2" wide!
Rule Six: Ask questions.
In addition to your physical inspection, don't hesitate to seek
the opinion of others, either knowledgeable attendees,
including dealers, or a member of the auction staff. You're
under no obligation to believe everything that you hear, but if
you come upon an expert, you can end up learning a lot, and if
you're dealing with an ethical auction house, the staff members
are not likely to mislead you.
As with most things in life, you're best off if you can avoid
questions that can be answered with a "yes" or "no." Instead of
asking, "Is this table old?" you're far better off asking, "How
can I tell how old this table is?" You can learn a lot with the
right questions.
Rule Seven: Don't look at more than you
have time for.
There's a big difference between looking at stuff and
inspecting it. Take the time to look closely at what is most
important to you now.
I can easily spend an hour or two looking
at stuff in an auction hall. And in fact, no matter how
much I look, how carefully I poke around, how much time I
spend, stuff usually pops up on the block that I didn't
notice. You're generally looking in a crowded place that
is crammed full of stuff. It's very hard to see
everything. Spend your time wisely. If you're looking for
a nice armoire in which to hide your client's television,
look carefully at every armoire, and don't spend anytime
casing the china sets, the lamps, or rugs, until you've
inspected every armoire carefully, making sure each is in
good shape, with all doors and drawers in good working
condition.
That brings me to the final rule:
Rule Eight: Take Notes
Jot down the lot number of each item that interests you. Take
note of any flaws that you may want to keep in mind as the
bidding increases. If there are several similar items, note
which one appeals to you the most. Also, jot down the maximum
price you're willing to pay.
In the next installment, we'll turn to how to set that maximum
price and get down to the bidding and buying.
Reprinted with permission from the Sheffield
School of Design web site at http://www.sheffield.edu
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