Signs of Rebound in Antiques Market
by William L. Hamilton for the International Herald Tribune
In this article William Hamilton discusses the recent upswing in the antiques market as demonstrated by last month’s series of major antiques shows and sales in New York City. It is interesting to see this year’s optimistic mood spreading across the different sectors of the collecting market, and read the opinions of various collectors and dealers.
‘People are tired of being frugel,’ says one dealer as quoted in the article. ‘There was a spontaneity in the buying that hadn’t existed last year,’ says another.
Over the course of 2009 the antiques market was hit particularly hard by the economic crisis, but in an odd way it prepared them well for the recent change in the collecting attitude; As Hamilton describes, ‘the slow sales of last year... have made dealers’ inventories particularly interesting and full now.’
