Antique investing trends over the next decade
The antique industry is always shifting and changing. One second a particular item is hot, the next it’s over with. It’s not easy to forecast what is going to be big in antiquing investing but experts follow trends and sometimes, they can see what might be selling in the antique stores and malls.
We’re going to gaze into our crystal ball and forecast some meaningful future trends for antique investing. If you are interested, keep reading.
New “antiques”
Items from the 1970s and 1980s with start to be considered antique. It generally takes about 40 to 50 years before an object is considered antique. So as we move into 2020, an object from the 1970s will start to be widely accepted into the world of antiques. The 1970s, with its wild combinations of sleek modernism and textured, abstract naturalism, is sure to attract a large following.
Even items from the notorious decade of excess, the 1980s, will begin to acquire the aura of antiqueness as they reach 40 years of age. Characterized by bold geometric designs, a preference for bright, primary or neon colors and lavish use of luxury materials, the 1980s will undoubtedly carve out an important niche for itself in the collector’s community.
Precious metals
Precious metal prices will increase and this will impact the antique market. Although no one can say exactly how high gold or silver might go in another financial crisis, we can be certain that the trend will be up. Many investment-grade antiques, including coins, jewelry, silverware, wristwatches, and fountain pens, are made either partially or completely from precious metals. So it isn’t a stretch to infer that an increase in the price of gold and silver will also put upward pressure on the value of these investment quality antiques. Silver and gold always hold value of some sort so it’s good to hold onto these items if you are interested in them.
Mid-range antiques
The mid-range of the antique market is where the action will be. People will gravitate towards investment quality antiques as a way to hedge the risks of traditional, paper assets. This means the mid-range of the investment-oriented antique market, with prices between $250 and $5,000 will become the sweet spot. The sensibly priced antiques in this category have already doubled or tripled in value. And there is every reason to think these overlooked investment gems will repeat that feat over the next 10 years.
There are many more trends to follow and we’ve only touched on a few. The antique industry is a crazy, unpredictable one. We have found, however, that as long as there are people still interested in treasures from the past, there will always be a need for cultivating and collecting antiques of all kinds. If you are interested in owning some pieces of the past, check out Antique Allure in Southampton and see what awaits you there. Holding on to our past is what helps us move into the future.