Current State of Antique Market 2016 (Part 1) - Antiques with Gary Stover
Posted August 23, 2016 | 0 favorites
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On Monday the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 all hit all-time highs. There is less than 5% unemployment. Inflation is less than 2%. Interest rates have been historically low for 9 years. Gas is cheap. So what is everybody, not only many antique dealers, complaining about?? Maybe people just always complain, no matter what. Certainly no politician is going to come out & say that if you're not doing well it's your own fault! You've got to blame somebody else, right? So, for years I've been making the case that prices for antiques are rising & that they continue to rise. It's just that the game is now played differently. So in this week's show and continuing next week in Part II I'll be looking at current prices in many categories & comparing them to prices back in the good old days. When I've done this kind of show before, I took examples from auction houses. This time I'll be going through the Brass Armadillo Antique Mall in Denver to find representative pieces to examine & compare. Please join us this coming Sunday evening, August 21, 2016, for a look at The Current State of the Antiques Market. -Gary
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