risky to sail
Analysts note a steady increase in the price of antiques. That is why this market is so interesting for investing. In addition, on average, any antique item rises in price by 20-30% per year, and this is a good profit. Therefore, the older the antique exhibit, the more expensive it will be every year. For example, Pablo Picasslo’s painting “The Boy with the Pipe” cost $ 34 million in 1952, and already $ 104 million in 2004.
What can be considered antiques and what not? By definition, antiques include antiques that are over 50 years old.
What are these things? First of all, it is furniture and household items (dishes, vases, ancient mechanisms, etc.), books, icons, paintings, porcelain, glass, silver, coins.
However, as in any investment, investments in antiques have their pitfalls. Investing in antiques is not suitable for those who are counting on quick profits, since this is a long-term investment, the interest on which is growing every year. Continue reading