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Whether it’s Brooklyn storage or Timbuktu storage, follow these tips

December 19, 2011 | Category: Advice

~An AmeriCollector.com Exclusive~

Storage unit lock Shows like “Storage Wars” and “American Pickers” have sparked people’s interest in finding great bargains on antiques and collectibles. The idea of digging up old objects appeals to different people for different reasons. Of course, the history associated with these items is charming. And in some cases, the items can bring in huge paydays. For one woman, the antique jade china she found in her father’s attic turned out to be worth more than $1 million. So whether you’re looking at Brooklyn storage or across the country at Seattle storage, antiques can be found for incredibly cheap at storage auctions. Here are a few tips that each prospective collector should know before plunging into the world of storage auctions:

Wear casual clothes to the auction. If you roll up in a limousine and in a suit and tie, you’ll be projecting one thing: You have money. That is exactly the opposite of what you want everyone at the auction to think. I’m not saying you need to show up in sweats that have food stains on them, but try not to look like a hotshot. If you decide to overdress, you may come across people who bid on an item just to raise the price – and get a rise out of you.

Bring cash. A lot of storage auctions take only cash and there would be nothing worse than closing the deal on a unit only to discover that they don’t take credit or debit cards. You may wish to call in advance to figure out exactly what that vendor’s policies are regarding cash versus credit.

Bring locks. Once you win the auction on a certain unit, you’ll be expected to remove the contents within a specified period of time. If you can’t get everything in one trip, you’ll want to be able to lock up everything until you can come back. You’ll really want to have locks if you happen to buy something as valuable as what Jinx Taylor found in 2009.

Storage auctions can be hit-or-miss but if you decide to throw your hat in the ring, be sure you come prepared. Know that company’s policies and make sure you’re projecting the right image at the auction. Finally, make sure you have fun!

Lisa Moore blogs about collectibles and storage.

Image courtesy of Lisa Moore, Blog Content Guild

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‘Pawn Stars’ pretenders: All that imitates isn’t gold

August 1, 2011 | Category: Advice, Restoration

Pawn Stars I continue to enjoy the History Channel show “Pawn Stars” – and apparently I’m not alone: “Hardcore history: 6 reasons I love ‘Pawn Stars’” (Feb. 23) turned out to be one of our most popular posts, if the number of visitors to the story and the feedback are any indication.

“Pawn Stars” continues to be the best collector’s reality show, in my opinion, and already some of its imitators are running out of steam and possibly disappearing altogether. In my opinion, here’s how I think some of them compare:

  • “Oddities” on the Science Channel is hard to resist because it’s so offbeat: half retro scientific, half Coney Island sideshow, half gothic/punk weird (imagine an antique shop run by the Addams Family). “Oddities” definitely fills a niche, as the folks at Obscura Antiques & Oddities in Manhattan get excited about things that the folks at Gold & Silver Pawn Shop (the “Pawn Stars” people) in Las Vegas would never allow through the doors …
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    And for good reason: Some of the items featured on “Oddities” – human gallstones, desiccated body parts, Victorian lab specimens pickled in murky fluids – aren’t to everyone’s taste. Welcome to the East Village!
  • “American Restoration” (on the History Channel), an actual “Pawn Stars” spin-off, is a fresh concept that will inevitably broaden collectors’ and junkyard entrepreneurs’ horizons. But I’ve enthused enough about the show already: See “Restore MORE” (May 2) and “Restoration angels” (April 15) below.
  • “American Pickers” (on the History Channel) is interesting because it follows Mike Wolfe and Frank Fritz on a perpetual road trip in search of collectibles in remote barns, yards and warehouses.
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    “American Pickers” is very much a “guy” show, as Mike and Frank get really excited over things like vintage motorcycle parts and old oil cans. Unfortunately, I find the show as claustrophobic as the van these two guys crisscross the American countryside in: You better like them or you’re in for a long trip, even within a half-hour segment. (They can in fact get on your nerves – and each other’s.) What’s more, too much of the show is devoted to petty haggling over small stuff; the multiple transactions invariably lack the drama of the big single-item deals that “Pawn Stars” showcases.
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    Plus, you seldom if ever see the results of successful “picks” once the Wolfe and Fritz get them back to Antique Archaeology (with locations in LeClaire, Iowa, and Nashville) and clean the mung and rat turds off them. (In fact, I don’t recall seeing them actually SELL anything.)
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    That said, I do give these guys an “A” not only for effort but for maintaining their enthusiasm over their long hauls as they unearth treasures in grungy places where a lot of viewers would hesitate to stick their own hands.
  • Oddities | Inside Obsura “Storage Wars” (on A&E) focuses on four retailers (one is actually a young couple) who bid on the contents of abandoned storage units that are put up for auction, mostly in California.
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    “Storage Wars” is not a collector’s show per se: These folks generally resell the stuff via their own secondhand stores, and they’re just as happy to profit on a chest full of good power tools or an expensive stereo system as a fine painting or a rare book. In fact, only one of them, Barry Weiss, actually styles himself a “collector.” Nonetheless, I find the show engaging because the rules of the auctions – you can’t touch or rifle through the contents of the storage units, only view them from the doorway once the locks are cut off – really make this unusual business a treasure hunt – or a complete crapshoot. And I do mean crap.
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    After all, historically, treasure hunters have had their challenges, from curses on tombs, to booby-trapped strongboxes, to thievery and violence by rival fortune seekers, to scorpions and snakes (à la “Indiana Jones”), to bureaucratic red tape. Fortunately, the “Storage Wars” salvagers don’t have to contend with any of that – or they haven’t yet. However, for every collection of sports memorabilia or cache of proof coins they find, they do wind up with a few tons of worthless junk: old kitchen utensils, dirty laundry, broken-down furniture, you name it.
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    I’m waiting for them to find a human torso in an old freezer left behind by some Hannibal Lecter wannabe. THAT should boost their ratings …
  • “Hardcore Pawn” (truTV) doesn’t count as a collector’s show, either, but inasmuch as it’s a “Pawn Stars” competitor (Les Gold calls his dynasty the “first family of pawn”), I feel obliged to include it. The show’s Web site indicates that Les has “a passion for collecting unusual items,” but the show is really about running a tough business in a tough part of Detroit.
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    Personally, I find “Hardcore Porn” hard to watch: The exchanges between the borrower/sellers and the pawnshop staff are often abrasive and adversarial, and the exchanges between the members of the Gold family almost always are. I realize that interpersonal conflict fuels a lot of reality shows, but does anyone who wants to relax in front of the TV – especially if they grew up in a dysfunctional family themselves – really need to see this?
  • “Auction Kings” (on the Discovery Channel) follows the staff of Gallery 63, a Sandy Springs, Ga., auction house, as they accept and prepare – and in some cases repair – consignments, which they put on the block at the end of each episode.
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    While owner Paul Brown and the rest of the “Auction Kings” are a likable bunch, they don’t seem to be specialists in anything, and their auctions exactly don’t exactly bust at the seams with bidders. (Like the stodgier British TV series “Cash in the Attic,” it’s all in-person or telephone bidding – nothing online – and apparently the auctions are only locally advertised and publicized through mailing lists.) The upside: The bidding audience is a companionable bunch and always seem to enjoy themselves. Furthermore, this only goes to show the enterprising collector that some of the greatest finds are still to be made the old-fashioned way: by traveling to small-town auctions, library and church benefits, thrift shops, and estate, garage and yard sales. But you know that already from watching “Antiques Roadshow”
  • “Pawn Queens” (on TLC) features two guileless and attractive blondes running a pawnshop in Naperville, Ill. According to show’s homepage on the TLC Web site, “the pawn industry in America has been entirely run by men – until now. Two women choose to take on a man’s world and open the nation’s first female-owned pawn shop. But sticking it to ‘the man’ is not their only obstacle. Although the residents of their town have plenty of valuable fashion items to unload, Minda (Grabiek) and Nicky (Ruehl)’s business is tested daily … as is their friendship.
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    Obviously this is TLC’s answer to “Pawn Stars”; unfortunately, the question is: Who thought of this goofy concept? And is the show even on the air anymore? In the last one I saw, Minda and Nikky were agonizing over how much to pay for an overpriced Barbie. (Yawn.) C’mon, girls, show some ambition: Americans expect more than that on cable. A Barbie? How can you hope to compete with the Obscura guys on “Oddities,” who recently bought a shrunken head?

.

Which makes me want to offer my own cable show idea: one that follows half a dozen entrepreneurs of varying levels of honesty and personal appeal as they try to make their nut through online auctions. Hosted by an aging Pamela Anderson in a bikini, it would be called “eBaywatch,” and viewers would be encouraged to submit live feedback during the original airing, with the sellers who receive the lowest percentages getting kicked off the show (and possibly getting busted for hawking stolen goods, which happened to an eBayer in Olympia a few years ago).

Stay tuned …

Coming up: 6 ways to improve “Pawn Stars

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Reminder: Railroad Memories auction ends Friday

June 16, 2010 | Category: Advice, Auctions, Railroad memorabilia

Denver & Rio Grande RR Having just entered my bids in Railroad Memories’ auction no. 76, which I wrote about on June 7 (“Trainspotters: Railroad Memories auction leaves the station on Friday, June 18”), I thought I’d remind my fellow railroad enthusiasts that a specialized auction like this is the ideal way to build a collection or get a unique gift for the collector in your life.

Why?

When you cruise antique malls and flea markets – not to mention the world’s biggest flea market, eBay – unless you are Johnny-on-the-spot, you are either picking through someone else’s rejects or competing against a slew of other people in search of the same thing you are. What’s more, you’ll spend a good long time picking through lots of junk to find anything good.

An auction like Railroad Memories’ not only features choice stuff, but there will be fewer bidders to go up against – and they’ll mostly be railroadiana collectors like yourself.

What’s more, in a Railroad Memories auction, you e-mail your bids using a simple online sheet, or you can fax or call in your bids: It’s not only relatively low-tech but refreshingly old-fashioned. This would seem to discourage the bidding wars that other auction houses foment through online live bidding and that many folks – myself included – truly hate: You have to fight the urge to overbid in the heat of the moment, and may even regret it when you actually win.

In my opinion, that takes a lot of the fun out of collecting.

By contrast, in a collecting field where steam power is romanticized, a Railroad Memories auction is, ironically, low-pressure. “Bidders may call to find out the current high bid only after they have placed their bids,” their Web site indicates. Among the other terms of their auction: “Highest winning bidder will be awarded the lot for 10% above the 2nd highest bid. EX: Winning bid is $50, second highest bid is $30. Winning bidder pays $33 for the lot. If the spread between the two top bids is less than 10% the winning bidder pays his full amount bid. If only one bid is received on any one lot the winning bidder pays the minimum bid only. We encourage you to bid the most you are willing to pay, this saves time and usually is the most successful.”

That last sentence is key: To me, “the most you are willing to pay” means you give it your best shot and then chill out. As I mentioned, I’ve submitted my best bids; now I’ll just wait to see what happens. Maybe they’re already too low, or maybe someone will go higher before the auction ends. But it’s strangely calming not to receive e-mails with “YOU HAVE BEEN OUTBID” in the subject box, or to feel compelled to stay up late to snipe the last highest bidder.

Anyway, as I wrote in the June 7 post, this auction also has lots of wonderful stuff for people who DON’T collect railroad memorabilia specifically: like collectors of glassware, tableware, silver, advertising, ceramics, tools and hardware, stock certificates and ephemera. (All you family genealogists: If you have railroad men among your ancestors, this auction’s for you too!) It may be too late to receive a catalog in time for the auction, but it’s a beauty, and great resource material, so consider subscribing (which will save you the 10 percent buyer’s premium if you win in an auction).

Meanwhile, Railroad Memories owner Susan Knous mentioned a few “stars” this time: “A Denver & Rio Grande brass top bell bottom lantern (lot 404) with clear cast globe – real treasure in great condition for this 1880s-era lantern: Not many of these have survived, so they are always desirable,” she explained. “We are also proud to be offering a St. Paul, Minneapolis & Manitoba brass top bell-bottom lantern (lot 420), also with a clear cast globe: One of only a handful are known in collections today, so this one will be interesting to watch. Great Northern fans will find a Great Northern Express call card sign (lot 134), beautiful medallion silver serving pieces, porcelain signs and more.”

The auction closes on Fri., June 18, at 5 p.m. Mountain Time. Visit www.RailroadMemories.com to view the lots and register to bid.

Images provided courtesy of Railroad Memories.

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Tattoo you: 8 tips for first-timers … and veteran ‘collectors’ too

June 2, 2010 | Category: Advice, Tattoos

Getting a tattoo Tattooing knows no season, but with the warm weather fast approaching and people showing more skin, you can bet that tattoo shops everywhere are looking forward to more business as people decide to adorn themselves.

I wish I could say that tattooing has undergone a renaissance, but that would suggest the REBIRTH of a golden age of tattooing. In fact, that golden age is RIGHT NOW, thanks to people like Ed Hardy and lesser-known pioneers going back to Sailor Jerry Collins in the 1940s. Before then, there were some legendary artists in the early 1900s through the ’30s – George Burchett in England, Charlie Wagner and Lew Alberts in the Bowery in Manhattan, to name just a piddling few Westerners, not to mention a legion of anonymous Japanese and other Asian masters – but it’s Hardy and others who took what many considered a lowbrow art form at best (a symbol of moral bankruptcy and criminality at worst) and applied their prodigious artistic abilities – drawing (no pun intended) on other artistic traditions ranging from Japanese ukiyo-e prints to hot rod detailing – to create a cultural phenomenon that has exploded in the past 20 years. Much as I enjoy “L.A. Ink” on the Discovery Channel and love Kat Von D (a seriously talented artist, and a serious fox besides: Her shop Web site is www.highvoltagetattoo.com), she and Ami James (a REALLY great artist but not my idea of foxy: Check out his work at www.lovehatetattoos.com) from “Miami Ink” will no doubt be the first to acknowledge that their series’ popularity owe a debt to the efforts of long-laboring tattooists over the decades who wouldn’t be caught dead on a reality show. (After being the outlaws of the art world for most of their lives, many old-timers hate the idea of being socially acceptable.)

All of which is to say, never before have there been as many good tattooists, and never has it been easier as in this Internet Age to locate them and see their work – although it shocks me that so many artists have such a meager online presence. (Show your stuff already!)

But I digress …

There’s a famous Norman Rockwell painting of a tattooist inscribing “Betty” on a sailor’s arm – seventh in a list of other girls’ names, with the first six crossed out. If laser tattoo removal is the growth industry it’s said to be, it’s because people don’t think deeply enough about the designs they’re getting.

Here are some tips on getting artwork you’ll want to show off to your bingo buddies at the nursing home in 30 or 50 years …

  1. Be sure you really want one. If you’re vacillating even a little, you’re not ready. Don’t waste a tattooist’s time by making an appointment, having him or her draw up a design, then hesitating because you’re not 100 percent sure you want a tattoo at all. Don’t do it on a dare or get pushed into it by a boy- or girlfriend seeking proof of your love. Don’t do it to show support for your friend because SHE wants a tattoo and doesn’t want to do it alone.
  2. Choose a design you’re going to be happy with for the rest of your life. A tattoo makes a statement: Be sure yours is not one you will feel embarrassed by 10 years down the road. Fashions change, and what may seem hip in 2010 may be the height of nerdiness by 2020 (think of the barbed wire armbands of the 1990s).
  3. Don’t be afraid to “experiment” before you get the real thing. Don’t know how big a tattoo you want, or where on your body you want to have it done? Buy a tattoo decal or get a friend to draw a temporary tattoo on you and wear it around for a while. It won’t be the design you really want, but it will help you get an idea of how a real tattoo will look on your body. And if you are very sensitive to other people’s reactions, either to a particular design or to tattoos in general, it’s a good way to test the strength of your commitment to getting a tattoo (and maybe reconsider).
  4. Select your tattooist carefully! In order to make a living, most tattooists have to work in a range of styles – Japanese imagery, tribal designs, classic pinup babes, rockabilly, punk, you name it – but every good tattooist has at least one specialty. Some are great at typography – an art in itself. If you want a tattoo that’s a photo likeness of your child, you better find an artist who excels at portraiture. If it’s a Japanese design you want, there are tattooists who are exceptionally skilled at it. How do you find out what an artist is good at? A lot of tattoo shops have Web sites with galleries of their artists’ work, or the artists put photos of their happy clients’ designs on Facebook or MySpace. Also, they all have portfolios in their shops: Don’t hesitate to go and look, and don’t feel compelled to get a tattoo until you feel sure you’ve found an artist you’re comfortable with.
  5. Concerned about infection? You’re nuts if you’re not. Licensed tattooists have to pass health department requirements in order to do business – that means strict sterilization of equipment, the wearing of gloves, etc. – and tattoo conventions always have educational programs to keep artists apprised on the latest health considerations. (The majority of tattoo shops are probably more hygienic than my dentist’s office back in Japan.) However, don’t be afraid to ask about this: Any reputable artist will be happy to tell you the measures they take to ensure the safety of clients as well as themselves. If you still don’t feel comfortable with that person or the shop, then don’t get tattooed there. The Food and Drug Administration (FDA) has some information on health risks and advice on taking care of your new tattoo.
  6. Be ready to spend more for the best work. I once saw a sign in a tattoo shop that read: “Good tattoos are not cheap. Cheap tattoos are not good.” Getting a tattoo is not like getting a haircut: You might be able to make some minor adjustments, but you don’t get to start over in a month and a half if you’re not 100 percent happy with the result. If you really like a particular artist’s work, be ready to pay for his or her talent. Therefore …
  7. Be prepared to travel if necessary. I got my first tattoo from Bob Roberts in New York in 1981 (he since became firmly entrenched in L.A.: www.spotlighttattoo.com). When Bob decided to pick up stakes and head west, but didn’t know where he’d end up, I asked, “Well, who should I go to?” He replied, “What about Ed Hardy in San Francisco?” Duh. Why didn’t I think of that? Of course, Ed wasn’t the household name he is today (more on that in an upcoming blog), but I knew his work from grainy tattoo newsletters (there weren’t even any magazines devoted to tattooing in 1981, unless you counted “Easyriders,” which was more about motorcycles and the biker lifestyle), and Bob had introduced me to him once when Ed was visiting Bob in Manhattan (they had shared a shop in San Francisco previously). So I called Ed at his old shop, Realistic Tattoo, on Van Ness (he now owns Tattoo City on Lombard: www.tattoocitysf.com) and flew out to California on three occasions, which became a kind of pilgrimage. Long story short: If you care enough about art to wear it, consider making the trip to get work you’ll really be happy with.
  8. Work with your artist! Shows like “L.A. Ink” give a false impression of the amount of work that goes into doing a custom tattoo: Kat or Corey Miller (Is he really leaving??? Stay tuned!) or Dan Smith – or the other artists who don’t get any real airtime – may listen to what a client wants, or even have a photo or sketch to work from, then say “OK, I’ll draw something up: Come back in half an hour. But those 30 minutes are crucial in the artistic process: It’s the time when all the artist’s energies and experiences are focused on designing a picture that a person will wear for the rest of his or her life. If you’re getting custom work – and especially if you have some time to work with – then collect some good reference material for your artist to work from. You may get charged for some extra hours, but the result will be well worth it.

We welcome your comments and additional tips! Click on “Comments” at the beginning of this story.

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Advice to collectors: Dealing with dealers (part two)
Strut your stuff!

April 9, 2010 | Category: Advice, Dealing with dealers

Huckleberry Finn After you learn as much as you possibly can about an item you want to sell or consign, the next step is finding a prospective buyer or an auction house that will not just put your treasure on the block but get you a good price for it.

In order to advance to that stage, you need to

2. Take some really good photos!

The fastest, easiest and cheapest way to get a response from dealers or auctioneers is to send them pictures of the goods. If you don’t have a good digital camera – or if you are really bad at taking photos – then get a friend to help you. If you are able to take high-res images, try to compress them so they’re easy to send by e-mail and you won’t shut down the recipient’s mailbox.

(As alternatives to e-mailing photos, you can mail hard copies the old-fashioned way – perfectly acceptable, provided the photos are nice and clear – or, depending on what it is, the item itself for a dealer’s inspection. This has both obvious and not-so-obvious downsides, which I’ll address next time.)

A dealer or consignee will want to know as much as possible about what you are offering. First and foremost, that means its condition: It’s not enough for you to describe something as “in great shape” or “only slightly soiled” or “with only minor wear,” especially if you’re a layman; you have to prove it. There is almost always a specific terminology used to describe each type of collectible – coins, baseball cards and comic books have very clearly defined grading systems – and good photos will do the talking for you. Meanwhile, I note that eBay listings with lousy photos don’t attract as much interest as similar listings in which the photos are crisp and clear. It’s not just that serious collectors are distrustful of muddy, unfocused images (the seller may be trying to hide or gloss over something); people respond better when an item is well and effectively presented.

Take a bunch of photos – not just one or two – from different angles and distances and showing all the important details, both positive and negative. If there’s any damage, be sure to show it, because it will only mean problems later on if the purchaser or auctioneer receives it and is unpleasantly surprised.

Take the photos in a clean, well-lit place, but take care to avoid glare, especially if you use a flash. Try to do justice to the object’s colors – you don’t want nice, bright hues to look washed-out – and photograph it against a black or white backdrop, whichever will create better contrast. When size is a consideration (isn’t it always?), some people put a common object – a pencil or a coin, for example – next to the object for purposes of comparison; or you can just measure it carefully and include the dimensions in your written description.

If your item is handwritten – a signed photo or letter, say – or is printed or has a maker’s mark, be sure to photograph it up close: With autographs, currency, ceramics, some vintage newspapers, furniture, artwork – virtually anything of value – authenticity is always in question. Be sure to take close-ups of signatures, seals, stamps and other hallmarks. Anyone who watches “Antiques Roadshow” or “Pawn Stars” knows that the collectibles market is rife with fakes, forgeries, and adulterated artifacts. Modern editions of antique Japanese ukiyo-e prints have been made using the original woodblocks – it usually takes an expert to spot the difference – and photographs are reprinted as well. Rock posters from the 1960s – which can fetch a lot of bread if they’re really sixties survivors – are frequently pirated, and one of the premier dealers in boxing memorabilia (a professional authenticator himself) told me he flat-out refuses to trade in Muhammad Ali autograph material because more than 90 percent of what’s being hawked as hand-signed by The Greatest is in fact forged.

The work of famous furniture makers may be reproduced with or without the intent to deceive – but by the same token, your old highboy need not have been made by John Townsend or Thomas Chippendale to be a highly desirable piece: I think one of the reasons people love Leigh and Leslie Keno, the identical twin appraisers on “Antiques Roadshow,” is their enthusiasm for any piece of great craftsmanship that has served generations of owners well and has been handed down in as close to its original state as possible.

Books, of course, can go through any number of editions, printings, impressions and states. Bibliographies and collector’s checklists can tell you how to identify a book’s state based on, say, a misspelling or piece of broken type on a particular page that was later corrected. If you have gotten that far in your research, be sure to photograph those fine points as well. In fact, with books, you should photograph both front and back covers and the spine; the same parts of the dust jacket (if present) as well as the flaps; any inscriptions and/or bookplates; the title page; the copyright page; and the frontispiece (the picture facing the title page) and several of the illustrations, if there are any. Even the tissue that used to be inserted over engravings to keep them from bleeding into the facing pages – they count too. All of these details will give an expert a clearer idea of what you have to offer.

Speaking of illustrations, consider the case of Mark Twain’s masterwork, “The Adventures of Huckleberry Finn” (1884), which Ernest Hemingway and many others have called the greatest novel ever written by an American. Some clown working at the printer’s added a little something to one of the illustrations – actually, he drew a small erection on the character of Silas Phelps – just before the book went to press. (see image below)

There are various versions circulating of what happened next. I’ve read that the altered plate made its way into 3,000 copies of the prospectus for the book (i.e., the salesmen’s samples of the incomplete novel), of which some 250 copies got sent out – getting a rise (so to speak) from bookshop proprietors and their pals. The publisher issued a recall; the dirty plate was cut out of the returned copies and the other 2,750 prospectuses not yet sent out; and a new, cleaned-up plate was pasted in.

I’ve also read that 30,000 copies of the first edition were printed and bound with the illustration before anyone spotted the offending member. Talk about Victorian horror! After the alarum (to use the antiquated spelling) was raised and the machinery of book production screeched to a halt, and naughty Uncle Silas had to be cut out copy by copy and replaced with a revised illustration, delaying the book’s release.

Supposedly, no copies of the complete first edition of “Huck Finn” survive with the picture of an exposed Uncle Silas – and may never have been produced – while one copy of the prospectus is known to exist. (For this reason, the first of the two versions above seems more likely, as any number of people would have seized the chance to pocket one or more unexpurgated copies of the first edition from such a large print run.) Needless to say, if you happen to have either a prospectus or a true first edition of “The Adventures of Huckleberry Finn” in your home library with Uncle Silas in all his glory (small as it was), you are well on your way to owning that Lamborghini you’ve been fantasizing about. (In fact, 100 second-generation COPIES were made from one original error print of Uncle Silas, and one of THOSE copies is being offered for $500 by a book dealer I know of.)

I tell you all this just to give an indication of all the tweaking, cutting, correcting and adjusting that go into preparing for and actually making a bound book: The example of “Huckleberry Finn” happens to be an off-color one. Knowing something about these distinctions will help you better understand what edition you have, as well as its uniqueness and value.

Of course, if you still aren’t sure about tour item, photos will help a knowledgeable person identify it. However, as I indicated in part one of this series, don’t commit to selling your item to the first guy who shares a little of his expertise: If you have something truly unique and valuable, like a ticket on the Titanic, it’s still in his interest to relieve you of it at the lowest price possible. An auction house, at least, has a vested interest in getting you top dollar for your collectible if you will consign it to them – but they also hedge their bet. More on that next time.

Images courtesy of University of Virginia Library Special Collections. Used by permission.

To be continued …

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Advice to collectors: Dealing with dealers (part one)
It’s the Internet Age: Empower yourself!

March 30, 2010 | Category: Advice

166  150x145 screwed <strong>Advice to collectors</strong>: Dealing with dealers (part one) <br/> It’s the Internet Age: Empower yourself!

More and more often, we at AmeriCollector.com are receiving e-mails from readers with specific items they are interested in selling or at least valuing.

For example, recently a gentleman e-mailed me to say he has a Union Pacific Railroad poster dated 1869 and asking how to determine its value, and a woman asked me about a couple of pieces of correspondence between Lady Clementine Churchill (wife of Sir Winston) and Field Marshal Bernard Law Montgomery (Montgomery of Alamein), whose World War II legacy includes the command of all Allied ground troops in a little mission called Operation Overlord, better known as D-Day.

These inquiries are very gratifying, because it means people are visiting this Web site and believe in us enough to ask our advice.

I only wish I had the expertise and experience to tell folks what a specific item is worth. I don’t, of course, but at least I can offer a course of action:

1. Do your homework!

If you prefer to be lazy and simply ask a dealer or even another collector what your item is worth – and if you don’t know and have good reason to trust him or her – then beware: You are ripe for fleecing.

I am distrusting of offers from dealers in general. Sound cynical, coming from a blogger on collectibles, auctions, etc.? Friends, it comes from experience. No matter how sincere a dealer seems – no matter how “high-class” his or her shop or Web site looks – if you have no clue to the value of what you have, you are running as much risk of getting ripped off by that dealer as you would by flashing a wad of cash in the worst part of New York City at midnight.

When I started collecting rare books and autographs in the early 1980s, many dealers were content with making a 50 to 100 percent profit on a sale. Nowadays, dealers may try to get 300 or 400 percent OR MORE on the items they purchase. They do that by low-balling the clueless, then jacking the prices up as much as they can.

A high-end autograph dealer in New York accomplishes this in a way that allows him to sleep at night: He asks you what you want for an item, then hopes you’ll be dumb enough – as I was – to undervalue it. What bugged me then – and still does now, three years later – is that I knew this guy from way back and trusted him to say, “Look, it’s a nice piece but I need to make a profit. Let me offer you X dollars for it, which I think is a fair price and as good as you’ll get from another dealer.” He didn’t do that; when I offered him an autograph letter of a certain early American photographer, he played dumb and asked me what price I had in mind. I suggested $200; he said fine, then listed it on his Web site for $1,200, describing letters by this photographer as “shockingly rare.” Was this unethical? Arguably no: This dealer will no doubt say, “Business is business, and I didn’t break any laws or lie to you.” But if you’re going to be Blanche DuBois and trust in the kindness of strangers – or even longtime acquaintances – without some knowledge of value to support you, you may be in for an unpleasant learning experience.

(This is one reason why I love “Pawn Stars” on the History Channel: At least, when an item that pawnshop owner Rick Harrison doesn’t know the value of comes through the doors, he calls in an expert, who authenticates and prices the thing in front of the person who wants to sell it; only then does Rick negotiate the amount, explaining that the expert’s appraisal is the retail price and indicating how much profit the pawnshop needs to make on it. I also enjoy the fact that Rick is a collector himself, and that he really gets off on the HISTORY behind the best stuff that’s brought in.)

If you are a buyer, the same principle applies: If there’s a collectible you like but you have no idea offhand what the fair market price is, DON’T BUY IT UNTIL YOU’VE RESEARCHED IT ONLINE, taking into consideration that crucial factor: CONDITION. If you don’t, be prepared to get scalped.

(Incidentally, notwithstanding the fact that “Pawn Stars” is about a Las Vegas pawnshop, I note that Las Vegas collectibles dealers tend to price their goods to infinity and beyond – which is no surprise: Vegas is a shopper’s paradise, and dealers are no doubt targeting those tourists who are either lucky enough to win or disciplined enough to save some cash from the casinos. And it’s not just a Nevada thing: One obnoxious bookseller in Seattle told me he prices high intentionally because many prospective buyers want to “bargain”; clearly, this is a tactic by which he can appear to cut the buyer a break in order to seem accommodating. Of course, it wouldn’t occur to this jerk to price reasonably from the start, as he may luck into an unwitting buyer willing to pay the inflated price.)

How do you guard against this? As I told the fellow with the Union Pacific poster: Ask around. Make good scans of the item you want to sell and send them to several dealers and auction houses that specialize in the kind of collectible you have. If it is a unique item (as opposed to, say, a coin or limited-edition plate with a certain book value), you’ll be surprised at the range of offers you’ll receive.

Also, there’s a wealth of free information at your fingertips by researching your item online. Google your item and see what comes up. Sometimes you’ll find the same or similar item on a dealer Web site and you’ll get an idea of what the asking price is. (Take it with a grain of salt: The dealer may be way overpriced.) On “Antiques Roadshow” the appraisers are always talking about “comparables”: what the same or a similar item sold for at auction at a certain time: Many auction house Web sites, like that of the Dallas-based Heritage Auction (www.ha.com), will tell you how much they sold a comparable item in the past. (You generally have to register on the auctioneer’s Web site to access this information.) For books, there’s BookFinder.com, which includes other book search engines such as AbeBooks.com, Alibris (www.Alibris.com) and Biblio.com. Also, there are subscription Web sites, like WorthPoint (www.WorthPoint.com) and Artprice (www.Artprice.com), that professionals use.

Then there’s eBay, of course. No matter what nasty things brick-and-mortar collectibles dealers say about online auction sites – that eBay is killing their businesses – they all buy and sell online. If you find a comparable item there, it may give you a sense of the price it can fetch; if the item is up for auction, watch till the end to see what it sells for – and consider bidding if, after consideration, you think it’s a great deal. If the item is listed on “Buy It Now” and no one’s purchasing, again, take it with a grain of salt: That price is meaningless. If the item is nowhere to be found on eBay, you may have to watch over a period of months or even years before a similar one comes up for auction. That may give you some indication of its scarcity as well.

Finally, if you have a genuinely rare piece, don’t hesitate to contact museums that have holdings like yours in their collections. Museums are not in the business of pricing items, but a curator or researcher may be nice enough to give you some information on it or a lead on who to contact. Most public and university museums generally don’t have much money to buy items, especially in these economic doldrums, although a private museum may. A museum may ask you to consider donating your item for a tax write-off: Ask how much. If you are able and willing to do so, I take my hat off to you: Scholars can study it and museum-goers can enjoy it.

To be continued …

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