Here’s an article from the Knoxville News Sentinel containing some gloomy information. The writer, Joe Rosson, is responding to a question about the value of two cabinets.
It’s not so much what he says about the cabinets but about the current state of the antique market that makes the article worth reading. He tells us in the first place that pieces made of oak have lost a lot of value in the last decade or so and that some collectors have been taken by surprise as a result.
He also gives a word of warning to owners of antique Victorian furniture in particular. According to a “nationally respected antiques specialist,” Victorian furniture is losing its value rapidly and will probably never recover because of changing tastes.
The word “never” is a strong one, especially where tastes are concerned. And what are we to make of this in light of my post on October 25 linking to an article calling antique Victorian furniture an upwardly mobile investment? Are we getting some mixed signals?
I’ll keep my eyes open for you.