Antiques: A Modern Day Treasure Hunt

The demand for antiques is on a dramatic decline as today’s designs trend toward the modern. For this reason, many of the longstanding antique dealers are closing their doors, even after decades of business.

Many of us in the design industry are sad to see valuable pieces overlooked. This shift in the market has brought the price of antiques to an unprecedented low–in some cases to half of their earlier price. Recently, I saw a beautiful French armoire in perfect condition that would have easily cost $25,000 before this change, but was currently priced at $7000! If I had a place for it, I would have bought it on the spot. I recently purchased a buffet for $2400 that could have sold for $8000 in past years.

Now is the best time to purchase that long-coveted wood piece for your home. Antiques can make a beautiful statement, even in a modern design, as they bring warmth to a space that could become industrial and cold.

Purchasing antiques can be tricky as some pieces are constructions of other antiques. This won’t be a problem as long as proper documentation is provided and the price is appropriate. Always seek out professional help as this is a purchase that can become a family heirloom. Like art, antiques are an investment. Imago Design is here to help you find the perfect antique for your home.