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The Economy and the Current State of the Antiques Business

by Mary Dessoie

Dear Editor,

May I add my two cents about the economy and the current state of the antiques business?

There is no question that times are tough! On my peregrinations around town I can’t help but overhear one heartbreaking story after another. Visits to my favorite antiques shops and consignment stores undergird the bleak realities. Important antiquities that used to fly off the shelves are now collecting dust.

However, I have found that even when times are harsh Americans still love to collect. Those of us who collect antiques continue to take pleasure in our collections and friendships made by joining collectors’ clubs, attending auctions and visiting with our shopkeeper neighbors.

From the reports that I have been receiving from around the country, it does appear that people are being careful about discretionary spending. I personally would rather forgo a manicure or a dinner out that is soon forgotten and spend my extra pocket money on an exquisite piece of Victorian china. This has become a buyers’ market and sellers are anxious to move their inventories and deal. You may very well continue to toss and turn at night over the carnage on your 401(k) financial statement, but carefully chosen antiques have proven time and again to be a sound investment.

Even in this economy serious collectors have not lost their desire to collect. It is true that collectors like to get their fix, no matter what! With all the dismal news that bombards us on a daily basis, I have found that collecting is more important to me now than at any other time in my life. It has been comforting to turn to my collection while attempting to make sense of and negotiate my way through the vicissitudes of daily life.

As founder of the Butter Pat Patter Association, I have the wonderful opportunity to meet collectors from around the United States. It would be difficult to imagine nicer or more interesting folks. I have had the privilege to get to know some inspiring, enthusiastic and delightful collectors. The greatest benefit of collecting for me has been the opportunity to interact with other collectors. More now than ever, we need to get back to basics with our friendships and nurture our relationships. Nothing can replace or compare with the basic need for human interaction.

Friendships and positive diversions help us to forget about the woes of the world – even if for a short time. Collecting is a worthwhile hobby. There seems to be a collectors’ club for every antiques category imaginable. Joining a club will provide you with the means to learn more about the antiques and collectibles that are of interest to you. Many of the collectors’ clubs have newsletters and allow members to place complimentary ads in order to sell excess items.

If you would like to learn about the Butter Pat Patter Association and the many benefits of membership, please send me a LSSAE (42 cents). In the meantime, I encourage you to get out to the auctions, shows and antiques shops. It is important that we all do our part to help keep the economy rolling and to make sure our beloved antiques industry endures for future generations.

Sincerely,

Mary Dessoie

Founder

Butter Pat Patter Association

265 Eagle Bend Drive

Bigfork, Montana 59911-6235

 

 

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