New York - For those in the antique and vintage business, hitting thrift stores to stock up on inventory can often feel like a bit of a treasure hunt. The lure of the hidden find is always there in the back of one's mind, but in reality, how practical is it to expect a walk-in win at many of these second-hand venues, especially considering the public's current interest and craze for scouring out anything old, vintage, and retro themselves? Well, according to some dealers in-the-know, the chances of scoring are still pretty good - providing you're aware of what's selling in today's decorative arts marketplace. Christa Blanchard, a longtime textile seller in upstate New York, says location can mean everything when it comes to the art of buying at thrift stores (aka, thrifting). "For me, the wealthy neighborhoods definitely have a lot more inventory to offer, but it usually comes with a higher price," says Blanchard. “Stores in these areas tend to have employees who know what's valuable and what's not." Blanchard feels that while she may pay more for certain items such as name brands like Armani denim, or middling couture items from Michael Kors, the final return on investment is usually always going to be better. "I'm buying from rich neighborhoods, but selling in middleclass ones," says Blanchard, "It's a good way to turnover inventory from one geographic location to another, while making some money in the process." Although there's now more competition from everyday buyers, Blanchard believes that many of the best deals can still go unclaimed. "I once forgot a vintage Chanel scarf that I'd seen in a bin at one of my favorite thrifts," says Blanchard, "but when I came back two weeks later, it was still there." While noting that not all of her outings are outright wins, Blanchard attributes the majority of her thrifting success to simply being prepared. "It really helps to know what you're looking for if you want to profit from it," she says. However, not all dealers believe you have to move upmarket to find the best deals. Donny Walsh, a purveyor of fine Pyrex products, and other collectibles, says that his inventory comes almost exclusively from thrifting in lower-rent neighborhoods in Los Angeles and outlying suburban areas. "I've always had good luck finding stock in rundown areas of big cities rather than the affluent parts of town," says Walsh, who chalks up the diversity of his finds to the multicultural aspect of the neighborhoods he visits. "Some of the thrifts I attend are in predominantly Latino communities, so many of the items being sold tend to reflect this heritage." Walsh says aside from his Pyrex collecting he's purchased a number of Barro Negro ceramic pieces over the years, as well as other pottery originally sourced from Mexico. "There aren't a tremendous amount of dealers scouring these neighborhoods, because most of these thrift stores are providing essential goods to people rather than merely decorative arts items for one to look at," says Walsh. But that doesn't mean deals can't be found. According to Walsh some of the best pieces he's picked up, including some Atzompa green-glazed ceramics, were literally in plain sight, while a patterned Pyrex bowl, which he later sold for just under a thousand dollars, was laying in a box next to the door with some pastry tins and mismatched cutlery. "I know my market," says Walsh, "so it's not a total surprise when some of these things just happen to pop up." While most dealers agree that location can play a major factor in helping to determine what constitutes a top-notch thrift store find, for others it's often more about the history of the neighborhood, rather than its exact location on a map. For Jessica Reynolds, who's been dealing in early Americana and primitives since her father first introduced her to the antiques trade as a teenager, the Great Lakes region of Pennsylvania and New York have always been verdant picking grounds for thrift stores that were ripe with goods and chattels from local area farms. "I can remember a time when the entire contents of an old farmhouse that was being sold-off or liquidated would end up in the back-half of the town's local Salvation Army building," says Reynolds. "You could literally have your pick of untouched pieces in their original state - worn paint and all." Most of what Reynolds encounters today is still the same, but just on a different scale. "I recently came across an original pine dry sink - from the 1870s or 80s - that was lumped in with a few old bed-springs which had been hauled into our local thrift store from a residence just outside of town." While Reynolds acknowledges that the chances of finding high-demand pieces like this are now more rare, they do still exist she says. "We live in a region inundated with farms and early Americana furniture" says Reynolds, "in some ways, it's exactly what you'd expect to find." Other items that Reynolds says are still relatively common in her area thrift stores include, old blanket boxes, washstands and even the occasional 'authentic' harvest table. "Most of my thrifting comes from the stores in the smaller towns," says Reynolds, "because that's where I can usually find the best examples of old country furniture." For Susan Haskin, and a number of other online dealers, it's often more about the type of store you're attempting to scout, and the relative timing of your purchases, that will determine whether or not your thrifting venture proves successful or not. Haskin, who's been running an Etsy business devoted to mid-century kitchenware and decorative objects from the same era, says that her favorite thrifts are often those managed by smaller religious ministries. "Goodwill and the Sally Anne are usually picked-over in my area of Seattle," says Haskin, "but the smaller one's, often formed by local churches, can be a great source for smalls, especially old kitchen items." Haskin acknowledges that living in an area with so many mid-century homes and apartment buildings is probably beneficial to her business, but also thinks that differentiating the types of thrift stores out there can help dealers make wiser choices. "I especially like to hit the little thrifters in spring, when everyone is doing their clean-outs," says Haskin. "I'll purposefully steer away from the big [corporate] players, because I know they'll either be busy, or over-priced." Haskin says she's witnessed a huge discrepancy in what thrifts charge over the last ten years as some of the more well known charitable organizations have raised their in-store prices considerably. "I understand their reasoning," says Haskin, "but I'm also running a business, so I have to go where I can get the best deal on buying stock." Haskin revealed that on average, she's still been able to get about 50% of her yearly inventory from thrift stores alone. "I'm still able to buy things like Anchor Hocking's, Fire King dishes for pennies on the dollar," she says, "but now it's mostly sourced from the smaller hole-in-the-wall thrifts rather than the corporate juggernauts." As with anything, there are of course going to be exceptions to any rule - including the value/time proposition one needs to consider when buying from thrifts. However, according to most dealers, the pitfalls of plying through old baby clothes and boxes of unwanted junk, are generally far outweighed by the potential opportunity to score a bountiful selection of reasonably priced inventory that can yield a handsome pay-off in the future. Providing of course you have some prior knowledge on the subject at hand - and can tell your Picasso from your Pollack. - A.I.A. Staff Writers NOTE: For readers seeking more information about the Asheford Institute Of Antiques distance-learning program on professional-level appraising, the study of antiques, collectibles, vintage and mid-century modern items, please click here to visit the school's Home Page. Should you have additional questions about the Asheford program, you can also write to the school at: info@asheford.com or call the Registrar's Office toll-free at: 1-877-444-4508. New York - A number of years ago, a somewhat famous antique dealer in New England once remarked that he had a much better chance of selling his high-end Georgian furniture at flea markets than he did online. While this may have been an exaggeration to some degree, and times have certainly changed since then, it still makes the point that what sells in the decorative arts market can often be determined not only by what's currently trending as popular, but also by the location or venue from where it's being sold. In theory, the Internet should have leveled that playing field long ago, but ask virtually any antique dealer with a couple of decades under their belt, and they'll tell you that by evening-up the playing process, the Internet also ironed-out some of the competitive wrinkles and strategies often only found in real-world markets. Sure, you can have a better website, a larger digital marketing budget, and perhaps greater online technical proficiency as to how things work, but in the end, online sales and corresponding storefronts on behemoth websites like Etsy, 1stdibs, and Ruby Lane, all tend to have a sameness about them that can make it hard for dealers and vendors to truly establish and differentiate themselves from one another on a competitive basis. This isn't to say that online retail outlets don't work, or don't provide their clients with options for distinguishing their businesses from each other, only that in the past few years many antique and vintage dealers appear to be returning to a tried-and-true method for successful entrepreneurship that allows them a greater degree of competitive experimentation, and which is based on an in-person experience. For Jeff Howard, who runs an estate sale business and mid-twentieth century themed vintage goods store in Southern California, the decision to pop-a-table and tent and return to meet-and-greet sales was one borne out of necessity rather than anything else. "I've bought and sold plenty of things online," says Howard, "but recently I decided to return to where I first started, after noticing a flatline in some of my online sales." Howard says he set-up a weekend booth at one of the state's largest flea markets where he used to vend prior to his current bricks-and-clicks business. "It's been great," he says, "the crowds are back, and I'm able to bring specific stock from my store like metal signs and automobilia that I know will sell in my booth." Howard believes he's able to get far more eyes-on his inventory at the flea market than in his store due to its location, and the fact that the people walking by are mostly committed buyers. "I have to pay for space," he says, "but even with that, my total weekend sales are up by about 200% over normal." For others in the industry, it's the "committed" sentiment expressed by Howard that seems to resonate the most. Stan Darling, who's taken over the family run auctioneering and antique business in Texas, says he thinks people might have a bit of Internet fatigue after the pandemic and are simply hankering to get out. "Our in-person sales have been fantastic this year," says Darling. "We're exceeding our pre-pandemic levels by a long-shot, and the people attending the auction sales tend to be buyers, not looky-loos." Darling says that while they've had the digital live-bid option for a number of years at most of his sales, what he's really noticed recently is the uptick in people wanting to get the hands-on experience before they purchase. "I've also got other antique dealers from around the area who are coming to me with their inventory," says Darling, "just so they can add it to one of our sales." Hector Diaz, a local dealer from Galveston, who uses Darling's company, says he's almost getting retail-prices at auction for the furniture he's trucking in from his storage site, which he normally uses as a base for his online shipping and distribution. "Five years ago - no way," says Diaz, "but today I'm moving more case pieces and heavy Victorian stock at a better overall price than I've ever done before." Most dealers are quick to point out that while the hybrid online/offline version definitely still works, it's become increasingly clear that the public's interest in attending live sales events has spiked dramatically over the past year. "I just think the whole Covid thing re-set a lot of peoples priorities," says Shelly Hoffman, who manages a large antique and vintage mall on the outskirts of Kansas City. "It's crazy that we were locked down only a a year or two ago, and now we're literally having to set counter-limits on the number of people who can enter the mall." According to Hoffman, her booth dealers are also reporting some of their strongest numbers ever, with many admitting that their online sales have been overtaken by customers who arrive on foot. "People are literally getting into bidding wars right in front of vendors booths," explained Hoffman. "I've never seen this kind of frenzied buying before except maybe at online auctions." David Harvey, who's had a booth at the mall for more than ten years, says that in the past there were always spaces opening up with vendors coming and going, but that today the wait-list for a booth can be anywhere from twelve to twenty-four months. "I've had to hire someone to man my space just so I can go and pick inventory," says Harvey. "I'm not complaining, but it can be a bit stressful trying to keep up with the demand sometimes." Harvey isn't alone in his dilemma, as a group of vintage enthusiasts with shops on Etsy decided to try out their own form of a Farmers (slash Vintage) Market, in one of Ohio's historic eastern towns. Spearheaded by Helen Olsen, the group who all live within a relatively short radius of each other, decided to take their online retail shops into the real world after noticing the success of agricultural vendors at many of their local farmers markets. "We were stunned by the response," said Olsen. "We tried to pick inventory that could be set-up and broken-down quickly, and it literally sold out by days end." Olsen said she and her cohorts have refined the selling process over the last few months by concentrating on offering what's popular online, and then adding those items to their tents on the weekend. "It's been a great success," said Olsen, "we've had tremendous sales this year, and are hoping it continues well into the coming months." Olsen however, did acknowledge that she probably couldn't have managed on her own if it wasn't for her friends and colleagues help. "Without the other girls from our Etsy group scouring the countryside for additional inventory during the week, none of this would have been possible," she said. As for her online sales, Olsen says they're still holding strong and believes they'll continue to do so, but now thinks there's no question that a retail outlet is going to be part of her groups immediate future, especially as the cost of shipping for online sales continues to rise. "We already have someone out looking for space for us," she says, "It's no longer a matter of if we're going to add a full-time face-to-face business, but just a question of when." For many of the older dealers out there, the return to in-person sales is a welcome sight. "Part of the reason I got into this businesses was the social aspect," says Jeff Howard. "I've always enjoyed chatting with, and meeting new people." For Howard and others in the industry, it would appear that it's not just the ethereal concept of fads, trends, and online imagery that's moving the antique and vintage markets forward today, but rather a real-world visceral connection that may finally be returning to the decorative arts landscape after a long and somewhat unprecedented absence. Emily Watkins is a freelance decorative arts writer, and an honors graduate of the Institute. She splits her time between New York and London as a contributing columnist to all things MCM and is also a recognized specialist in the field of Asian & European ceramics. NOTE: For readers seeking more information about the Asheford Institute Of Antiques distance-learning program on professional-level appraising, the study of antiques, collectibles, vintage and mid-century modern items, please click here to visit the school's Home Page. Should you have additional questions about the Asheford program, you can also write to the school at: [email protected] or call the Registrar's Office toll-free at: 1-877-444-4508. |
Asheford Staff Writers...We're providing the school's students and readers with the latest breaking news on events and happenings in the world of the decorative arts that we think might be of interest to both collectors and dealers alike. Including changes within the world of antiques, vintage, collectibles and appraising that might just have an effect on your bottom line. We're also interested in hearing from you - so if you've got a great newsworthy decorative arts story, let us know, and you just might find it here! ArchivesCategoriesLegal Disclaimer - Note: extraneous opinions, statements and comments made by individuals represented within these posts do not necessarily reflect those of the Institute. The publication naming contained herein of specific business entities, organizations, and concerns, in no way represents an endorsement or recommendation of services or products by the Institute. Publicly identifiable information contained herein has been intentionally limited due to privacy and legal concerns related to the digital dissemination of information online. All views expressed herein are those of their respective owners. The Institute is in no way responsible, financially or otherwise, for the accuracy or validity of statements contained within published posts from sources outside the Institute.
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