This post is the third I’ve written on the current state of the antique market in general and the market for antique Victorian furniture in particular.
On October 25 I linked to an article that was bullish on antiques and called Victorian antiques an upwardly mobile investment. Then on November 27 I posted on an article that told us the opposite, that Victorian furniture was going permanently into the tank.
Well, the bulls are back today. An article from The Press and Journal out of the UK, entitled “Antiques new way to beat slump,” tells us that antiques are “bucking the global downturn.” People are taking advantage of the slump and buying up items in the hopes that their value will turn around. Now’s the time to buy antiques, we’re told.
And here’s news for us. Sales of Victorian furniture are on the rise, and you can get the real thing for less than reproductions at the moment.
What do you make of these different messages? It’s interesting that the two bullish articles are from the UK, while the bearish one is from the US. Two separate markets perhaps? Is British Victorian on the rise while American Victorian sags?
Obviously an ongoing story that we need to stay on top of.