Originally Posted by
NursingDaBlues
Thanks for that link, it's an intriguing article. I'd say a market correction was surely long overdue - IMO the antiques fad has lasted way too long already. Quick quote:
"The Declining Value of Antiques.
Compared with the heyday of antiques collecting, prices for average pieces are now "80 percent off," ... Your typical Georgian 18th century furniture... can all be had for a fraction of what they cost 15 to 20 years ago."
...
"The End or a Trend?
Will other 18th and 19th century furniture pieces ever return to fashion? Many designers say that antiques will rise again but, after nearly two decades of decline, few are willing to predict when."
And this is interesting too, from that same article:
"Even New York's prestigious Winter Antiques Show has changed its rules. Founded in 1955, the show once required that exhibited pieces be at least 100 years old. In 2009, the organizers and dealer committee changed the cutoff date to 1969 to include midcentury objects. In 2016, they removed the date restriction entirely, paving the way for contemporary design."
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