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The Collectors Newsletter #849 -- February 2011
The Collectors Newsletter #849 -- February 2011
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1. Work from home selling antiques & collectibles
2. This Week's Survey
3. Stories From our readers
4. This Week's Antique News
5. Your Classifieds
6. Newly listed items
7. Funny Old Stuff
8. Wanted ads. Can you help?
9. A Vintage Recipe
10. A Vintage Recipe Request from a Reader
11. New On line Merchants
12. Helpful Resources For Collectors
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1. Work from home selling antiques & collectibles.
In your spare time you can sell antiques and collectibles from home.
Since 1995 TIAS.com has been helping dealers and collectors just like you to sell their antiques and collectibles online. It costs you nothing to kick the tires and see if an online store is right for you. Give TIAS a try today at:
2. This Week's Survey
Ever week we post a new survey question and the results from the previous week's survey. Survey questions are about anything related to antiques & collectibles. If you have a suggestion for a survey question, email it to me at email@example.com and we might use it in the next newsletter.
Come and visit us on Facebook where you can post comments and photos - see us at
This weeks survey question is ....
"Silver has gone up to $36 an ounce and gold is at $1433 an ounce. Many collectors of vintage silver & gold items are finding that the scrap value of their collectibles is far exceeding their market value as collectibles. When you sell an antique or collectible as scrap it is usually melted down, destroying it as a collectible. Would you ever consider selling vintage gold or silver items from your collection as scrap?"
It takes just a few seconds to give us your anonymous opinion at:
We'll tabulate the results and publish them in next week's newsletter.
Last Week's Survey Question Was....
"You see an incredible vintage ring listed online that is going up for sale at a local auction house. The auction company gives a detailed description of the ring and based on that description you decide to attend the auction and bid on it. You win the bidding and take the ring home. A few months later you decide to take the ring in for an insurance appraisal. The appraisal comes back saying that the ring is a reproduction and the stones are fake. The description the auction house had given was completely inaccurate. What do you do?"
9.8% said "I made a mistake there is nothing I can do"
60.7% said "Try to get a refund from the auction house"
29.5% said "I have another answer.."
Most would try to get a refund, but there were some very interesting alternative answers as well.....
Here are some written replies that were included with the results from last week's survey
a) The auction house would tell you that is YOUR problem, not theirs. That has happened to me before.
b) If the auction company had it listed as a ring as a quality ring and it turned out to be junk then I would approach the auction company and inform them of the appraisal and explain that what they did by advertising the ring as a top quality piece was misleading and just plain wrong. Most of the time an auction house goes upon the word of whom ever brought them the goods to sell, of course some auction houses could care less about what you bought and you get what you get. Word of mouth of them doing the right thing spreads as fast as them doing the wrong thing. I would at least try to get my money back from the auction house.
c) It's incumbent on a buyer to determine the terms of an auction prior to bidding on and buying items put up for sale. If there's nothing in the terms saying "bring it on back for a refund", then it's absolutely "as is where is" and that fact overrides any description provided in a presale list or during the course of the sale. Auctioneers will make that statement prior to the start of the auction. Occasionally, an auctioneer will state (e.g.) "the washing machine works now, and you have 48 hours to check it out and bring it back if it doesn't". A potential buyer must satisfy himself/herself that what is bid on is what it's supposed to be. To check out something like a ring months after the sale, and after the consignor has long been paid by the auction house, and then expect to get a refund is absolutely ridiculous.
d) If the detailed description of the ring was in writing, then it is false representation if the ring is not as promised. I'd look at my state and local (and federal) laws regarding statute of limitation about delivered goods being not as promised, and I would talk with an attorney about the best course of action for the situation. When I was younger, I would have said that I'd approach the auction house first and try to talk it out, and then take it to court if and only if the situation wasn't resolved favorably, but I've been burned by this approach in the past, so it's all documentation and legal process for me now with big-ticket items. Also, I would file a complaint with the state Attorney General, and although it's completely useless, I would file a complaint with the Better Business Bureau, and I would write a factual, respectful (no nastiness/libel), yet negative, review of the auction house on Yelp.com and any similar online business review websites. Also, if for some odd reason I had in fact waited several months (I'd never do this in real life) rather than to have the ring appraised right away, I wouldn't wait so long next time to bring a purchase in for appraisal. And if the ring was particularly expensive, valuable, or if its legitimacy was essential for any other reason, I would bring my own independent appraiser to the auction house beforehand or on the date of the auction, to assess the ring. It's the only thing that makes sense; when I bought a house, I hired several inspectors before, during, and after the sale, and there's nothing different about any other large purchase. Caveat emptor. An ounce of prevention is worth more than a pound of cure...or a ring.
e) The auction house is at fault. They are responsible for taking it back. Someone at the auction house took the time to write a false description of the ring. They might have done it because of human error, or on purpose to get a higher bid. Either way it is false advertising (fraud) and that is illegal. Therefore, the auction house must make a full refund to the buyer. The auction house might make excuses like the consignor told us the stones were real or the auction house clearly states in their terms and conditions that they are not responsible for listing errors. Such terms and conditions are unenforceable. People cannot make up their own rules which violate state and federal laws. False advertising is fraud and a violation of the US Commercial Code and states' false advertising laws. If the auction house is unsure about the age of an item, its manufacturer, its authenticity, or what it is made of, the auction house should write the description only on what they know. In this case, they should have written, "Woman's ring with clear stones" nothing more.
f) Caveat emptor ~ let the buyer beware! I work for an auction house & all items are sold as is, where is, with no warrantee or guarantee. It is up to the buyer to determine if the listed item is authentic.
g) I would notify the auction house that they had not represented the item correctly..and present the proof. If this is a legitimate error, the auction house then would hopefully address a personnel issue (appraiser?) or not use the firm that previously appraised it. I'm not a professional in any of this, but it would seem that the auction house has a responsibility as "good will" to financially address the error with me. Perhaps by giving me credit toward another purchase at another auction? The reputation of the auction house could be at stake here.
h) Cry! But, I would contact the auction house and let them know of the appraisal I had and suggest they do the same the next time they have something like this for sale.
i) Talk to the auction house and find out who did their appraisal. Speak to that person and try and find out why they did not know the ring was fake. Also, inform the auction house of the problem, maybe they need to change who does their appraisals. Yes, I would try and get a refund, but, it probably will not happen since a "few months" have past. I would, however, be furious!
j) I would assume that the auction house would come under the "Trades Description Act"..I don't feel the old saying of" buyer beware" is applicable where completely inaccurate information was supplied. There is a lot of small print in regards to catalogs and paperwork which may try and absolve the "house" from due care and attention, but I sincerely feel that bad publicity and lawyers would be the last thing an Auction House would want.
k) I would be sure to have in writing what the insurance appraisal person stated. I would then take that and the ring back to the auction house and demand they return the amount or else I would report the auction house to the Better Business Bureau, Chamber of Commerce, etc.
l) First of all the auction house should have certified the rings authenticity. And second of all, the buyer should have taken the ring to a jeweler right away to find out if it was real, and immediately gone back to the auction house for a refund. Waiting two months to find out about the ring would probably negate any policy for returning an item. In other words, you snooze, you loose!
m) Most auctions items are bought "As is, where is with no warranties expressed or implied" so unless the auction house is willing to negotiate a settlement of some sort you are s**t outa luck as they say. You could try suing but that may just be a waste of time.
n) Many auction houses have what amounts to a "Buyer Beware" clause in their Terms & Conditions of Sale which is typically handed out to each bidder - all items are sold "As Is, Where Is", with no refunds once the hammer falls. This means the purchaser should inspect the item prior to bidding, and if there is a problem with the item, don't bid on it. That being said, I would contact the auction house and determine if they'll make any type of adjustment. If they adhere to "As Is, Where Is" policy, I'd be reluctant to attend any of their future auctions. If I did attend, I'd make sure I knew that any item I was bidding on didn't have any defects. I think the "major" auction houses would likely treat the purchaser right in such an instance, but the many smaller ones probably would stand by their written policy.
Don't forget to vote for TIAS today and tomorrow here --
3. Stories from our readers
We collect interesting stories about collecting. Things like your best find, unusual collections, bizarre collectibles even things that bug you. Anything and everything that is interesting that has to do with antiques & collectibles. We may publish it here. Send your story to Phil@tias.com
This is in reference to the letter Tom wrote about buyers premiums. The problem is the auctioneers in this area, I had worked for some of them, floor and ticket writing, The auction did not change the sellers percentage, generally 25 to 35%, just added on an additional 10% to the buyer. If I go to a store I pay the price advertised, not that price plus and additional percentage. Jacqueline Dana, Princeton, La.
Phil, There is ONLY one ethical thing to do. Knock on the door and tell the neighbor that the rug they have out for the trash is definitely a treasure for which they could get a decent price. If dealing with that is too much for them to manage, I would offer to take the rug to a reputable dealer and sell it for them. I would give them 100% of that money. We all need to be "our brother's keeper." I look forward to getting your newsletter. Anne
In regard to the ethical question of an appraiser trying to buy what he has just appraised, USPAP has regulations on this. I have even heard people say on antiques roadshow that they are not allowed to buy the items they appraise.
I have another comment to add. We are a restoration studio and are frequently asked to establish a value for an item brought in for restoration. We always decline, if for no other reason than it could create the illusion of a conflict of interest, of sorts.
If we said that a piece was very valuable, the owner might be basing their decision on whether or not to restore on that value. (Some clients do want to establish value first; it may not be a sentimental heirloom that must be restored at any cost.)
We refer them to appraisers in the area, or suggest that they do some research on their own. We do not know if the appraisers look favorably or unfavorably on the value of restored items, so we aren't steering them toward results that are beneficial to us. Keep up the good work! -- Karen B. at Venerable Classics
Phil, The responses to last week's survey question, regarding a valuable rug an older couple was tossing out, were so heartening to read!! It definitely makes me believe that there are a great many honest, good, tender-hearted people in this world. Some of the responses actually brought tears to my eyes, that people have such regard, respect and concern for the elderly!
This is a great country in which we are fortunate enough to live - certainly not everything is rosy nor perfect, but there is much to be thankful for. And probably at the top of the list are good neighbors, who are honest and caring.
Thanks for a wonderful newsletter! I so enjoy reading these stories, and I invariably come away having learned something. Judy from Montana
WE NEED YOUR STORY ABOUT COLLECTING. DO YOU HAVE AN INTERESTING STORY TO TELL? SEND IT TO PHIL@TIAS.COM
4. This week's Antique News
the Webs largest online antique and collectible mall today released their monthly "Hot List" of Antiques & Collectibles. The TIAS "Hot List" has been published monthly since 2002. These monthly "Hot Lists" are based on hundreds of thousands of searches by people using the online search engines at the indicated Web sites. This month's list includes the top 10 terms for February 2011. The top 10 searches for January 2010 are also included for comparison.
Keep in mind that these searches are what people were looking for, not necessarily what they were buying. In many cases, people will search for items when they are just trying to determine a value of a specific item that they have in their possession.
Here are the top ten search words used at
This site specializes in offering a broad range of antiques and collectibles:
1. China & Dinnerware
3. Porcelain & Pottery
1. China & Dinnerware
4. Porcelain & Pottery Silver
Here are the top ten search words used at
. This site specialized in "high end" Antiques and Art:
10. CDV (Carte De Vista)
Past hot lists can now be viewed online in the TIAS Newsletter archives, just search for "Hot List" at
If you want to tell the world about your antiques & collectibles business, auction, club or upcoming event related to the antiques and collectibles trade, you can post it for free at
the #1 listing on Google for "Antique News" Your news release will get published online and will also appear in this newsletter so that 16,000 people can read it. To post a release, go to
1. CAS Collectors Convention 2011
2. First Complete Guide to Asian Art Events in NYC
3. Houdini Poster Discovered in Chicago
Basement Goes to Auction
4. Work by Notable Photographers to Be on
Display At Dolly Johnson Show
5. Popular Antiques Calendar Site Now Allows
Users to Rate Shows
6. NEW RAGO APPRAISAL SCHOLARSHIP
7. Garth's Auctions Welcomed NYTimes Best
Selling Author for Lecture !
8. Charles Carter and the Golden Age of Magic
This Week at LiveAuctionTalk.com
9. Asselmeier & May
10. Asselmeier & May "POWELL" Antique
Estate Auction (3/12/2011)
11. Kovels on Antiques and Collectibles March
2011 Newsletter Available
12. Wikicollecting.org - the 10 most expensive
pieces of cricket memorabilia
13. Frank Sinatra Signed Photos (& more) from
Jazz Singer Eileen Barton Estate
14. Antique social network launch
15. Vibrant Colors & Whimsey to Lead GARTH’S
March 11-12 Americana Auction
16. Antique Hobe' Jewelry
17. Wikicollecting.org - The 5 most expensive
pieces of Beatles memorabilia
18. RARE RUSSIAN BOOK HIGHLIGHTS
GROGAN & COMPANY'S FEBRUARY AUCTION
19. Xcntric Chicago Estate Sales Upcoming
Estate Sale Schedule
20. Kevin Roche collection of Coca-Cola festoons
featured in Morphy’s Mar. 11-12 auction
Check the latest news headlines about antiques and collectibles at
MANY more stories are added several times a day. You can read the latest news now at:
5, Your Classifieds...
Time Was Antiques English Royalty Items Specialists
Hand Carved Polychrome Wood Carousel Collection
Time Was Antiques Shelley China Specialists
Mickey Mouse Wooden Rocking Horse, Mengel Playthings
Do you have antiques or collectibles you are just itching to sell? A simple classified ad in this newsletter might just be your answer. Over 15,000 readers subscribe to this newsletter. One of them just might be able to help you out. Place your ad today at:
Want to know what our advertisers think? Check out the testimonials at:
6. Newly listed items for your online shopping pleasure for Tuesday March 8, 2011 Stop by and check out today's fresh inventory at:
7, Funny Old Stuff
This is our humor section. These are humorous family stories and comments that are sent in by readers. If you have a submission you would like to share, please send it to firstname.lastname@example.org and we may run it in the next issue.
My neighbor was going to try a new Italian recipe for dinner and called me from the grocery store. She said she found all of the ingredients she needed but one. In the ingredient list under Spaghetti it listed "al dente" and she wanted to know what aisle that would be on in the grocery store! Toni C. - Miami, Florida
Do you have a funny family story you would like to share? Make someone feel good by sharing it with us. Send it to email@example.com and we may publish it here.
8. Wanted ads. Can you help?
Here are the latest wanted ads from the TIAS Exchange. Can you help someone out?
WANTED: Vintage Medical and dental Items. Especially quackery.
WANTED: Gerardo Lopez Flatware --Vintage Taxco
GET YOUR WANTED AD HERE! Just $10 and we'll send it out to 15,000 people who get this newsletter. Go to
Looking for something? Place a "Wanted" ad in this newsletter. Over 16,000 subscribers will see it. It's easy, go to:
9. A Vintage Recipe
Be sure to check out our vintage recipe archive online at:
Over 1200 wonderful vintage recipes are listed.
In the last issue Teresa requested a simple recipe for "candy that had mashed potatoes & peanut butter in it" we received the following...
This might be the recipe your reader was thinking of. You could substitute peanut butter (or hazelnut butter, almond paste or any other flavor you like) for the first amount of coconut. You can also substitute chocolate sprinkles, cocoa powder or another topping for the flaked coconut - when I make them, I divide it up into smaller batches, and make each one differently.
2 cups sweetend dessicated coconut
2 cups icing sugar
1 teaspoon vanilla
1/2 cup warm mashed potatoes
1 cup semi sweet chocolate chips
1 tablespoon shortening
1 cup flaked coconut
Combine dessicated coconut, icing sugar, vanilla and mashed potatoes in a large bowl. Mix thoroughly until it becomes pasty.
Roll about 1 teaspoon into a ball. If it becomes too sticky add additional icing sugar.
Place balls on a foil lined cookie sheet and cool in the refrigerator for about I hour.
Melt chocolate chips in a double boiler and add shortening mixing until smooth.
Place flaked coconut in a bowl. Take chilled balls and roll them in the chocolate
coating them completely. Roll coated balls in the flaked coconut.
Place balls on a foil lined sheet and chill. Laurie
I had several recipes for the potato candy (various ingredients), but I think this is as close as you can get to the recipe you requested. Enjoy. E. Banman.
1/4 cup mashed potatoes (1 sm. potato) 2 T. milk
1 t. vanilla 1 dash salt
1 (1 lb.) box powdered sugar peanut butter
Mix together all ingredients, except peanut butter. Add sugar until it's of dough consistency. Refrigerate to chill dough for an hour or two. Roll out onto powdered sugar dusted bread board or waxed paper. Spread peanut butter over potato dough. Roll it up like a jelly roll loaf. Refrigerate for about an hour, then slice into pinwheels.
If you can imagine it, you can do it - Elaine
In response to Teresa D.'s request for a candy with mashed potatoes I have a recipe for a candy called Needhams. It is from a recipe book called "Cooking Down East" (Maine).
3/4 cup mashed potato
1/2 tsp salt
Two 1-pound packages confectioners' sugar
1 stick margarine
1/2 pound flaked coconut
2 teaspoons vanilla
Pare and cook potato to make three-fourths cup mashed potato (not seasoned). Add salt. Using a double boiler place stick margarine in it and melt over boiling water. Add mashed potato, confectioners' sugar, flaked coconut and vanilla.
Mix well, the turn into a buttered jelly roil pan. Spread evenly. Place in a cool place to harden. When hard, cut into small squares and dip in the following chocolate mixture.
One 12-ounce package chocolate bits
4 squares unsweetened chocolate
1.2 cake paraffin (2 1/2 by 2 1/2) (Yes, the same paraffin you melt to use on top of jelly)
Use double boiler again. Place paraffin in top over boiling water to melt. Then add the two kinds of chocolate. Allow chocolate to melt. Stir well to mix ingredients.
A toothpick or cake tester may be used to dip the needham squares. Hold each square above the chocolate mixture after dipping so the square drains well. Put on waxed paper to harden. Recipe will make 66 good sized needhams. Halves easily.
Note: I never heard of using peanut butter. Hope this helps. Thom in Florida via Maine.
If you enjoy these vintage recipes, you should buy a vintage cookbook from us. They make great gifts too. Take a look at:
Buy a Vintage Kitchen collectible from us. We've got lots of them here:
10. A vintage recipe request from a reader
As with collectibles, people also have very strong feelings about foods from their past. Sometimes these special recipes get lost. This section is to help people who are looking for lost recipes from their past. If you submit a request, please include the geographical region where you had this recipe.
I'm looking for a home made chocolate icing that tastes fantastic and will leave a very smooth surface on a layer cake. I don't want to use Fondant, but I want to get a similar affect. Any suggestions would be appreciated. Lenny
If you can help this reader with this recipe, please forward it to firstname.lastname@example.org . If you have a vintage recipe request send it to email@example.com and we might just publish it here.
Be sure to check out our vintage kitchen collectibles section online at:
11. New Online Merchants
Be sure to check out all of the fresh inventory offered by these new merchants at TIAS.
Wow Antiques and China
I believe that in life you should do a few things well. So, I concentrate on locating hard to find and unique china, glass, pottery and pyrex. Happy shopping!!!
We have been dealing in fine china items for over 10 years. Happy repeat customers are important to us. Contact us with any concerns.
Old House Collectibles
Welcome to our Old House. We hope you enjoy your visit while we share with you our passion for collecting. We have country store, advertising tins, pottery, and holiday collectibles.
The Kayleebug Shoppe
The Kayleebug Shoppe is new with TIAS but Kathy and I have many years of dealing with antiques and collectables. We have so many treasures that we will be adding on a daily.
Time Travelers Antiques
Welcome to Time Travelers Antiques! My wife and I have been collectors for over 20 years. My inventory includes Art, Glass, Pottery, Figurines, dinnerware and so much more at some of the best prices on to web.
Finders of Yesteryear
You will find a wide variety of vintage items, antiques, collectibles and memories of your childhood at "Finders of Yesteryear". Reasonable prices listed but offers are always welcomed.
12. Helpful Resources:
1. Find an antiques or collectibles club. Nearly 2000 different clubs listed. Take a look at:
2. What's it worth? Try Kovels' free online price guide to over 600,000 antiques and collectibles. It can be found online at
3. Make money with your Web site. Join the TIAS.com affiliate program today. Go to
4. Get an online appraisal. For just $9.95 from "What's It Worth To You?"
(Not affiliated with Kovels.com)
Thanks for reading. Feel free to forward this to a friend. To subscribe to this newsletter go to:
Please note that stories and recipes from readers are not checked for accuracy. They may be edited prior to publication. For questions or comments, you can reach us at newsletter@TIAS.com ©1995-2011 TIAS.com Inc.
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