How do you know you haven’t already passed on that special piece? Every time someone finds a treasure, you can be sure that many people have passed on it because they didn’t know what it was or because they were afraid to take a chance. Our goal is not to let either of these excuses stop us from reaching our financial goals in the Antique and Fine Art Busness.

This week, a gentleman called me about a pair of Oriental vases he thought might be a great buy if he could acquire them. His potential customer had e-mailed him about the pair.

I asked him what the customer was asking for them.

“Nothing yet,” he said. “They want to know what they’re worth.”

“Are you going to be paid to do the appraisal,” I asked him?

“I don’t think so.”

“Why don’t you respond to the email saying you’d be interested in the vases, if they’d give you a price. You could also state the vases could possibly be worth $500 up to many thousands depending on their history.”

With his knowledge in this area, it might be well worth the risk of investing $1000 to $1500 in this pair. If he is wrong, the chances are he will still make a profit. But what if he’s right? Then the rewards could be a profit of $20,000 or more. No, he isn’t sure which of these scenarios will play out, but he can’t be hurt very much by either of them. I am hoping he gets that call and the price they ask for the vases is reasonable.

Some of you will remember when I entered an antique shop close to my home and was told they had nothing for me that day. Still, I asked, “Are you sure?”
” I do have a painting here, but it’s sold,” the shop owner told me. This gave me an opening.

“May I see it,” I asked?

He took me to the back of the shop where I laid eyes on a wonderful early painting of two little girls skipping rope.

“What did you get for this wonderful painting,” I asked?

“Twenty-five thousand dollars,” he proudly stated.

I asked if he’d been paid for it, and he told me the painting was on hold and he hadn’t been paid yet. Now the door was wide open for me, so I ask him if he’d call me in a couple of weeks if he hadn’t been paid. Sure enough, two weeks later I got that call. I purchased this painting for $16,000. I didn’t really know what it was worth because I wasn’t familiar with the artist, Frederick Morgan, but I was willing to gamble that its value was at least $16,000.

The advantage that you have over me in these situations is that the 31 Club is there to help determine values. Did I know that this would turn out to be a great find for me? Absolutely not. But, it was. This painting later sold at Christie’s for $115,000. What would the results have been if I had said I wasn’t interested because I didn’t know what its worth was or I didn’t know the artist.

I could tell you many more stories like these, but the important thing to remember is that if the price seems right on a piece your looking at, take the chance. You won’t always make a fortune on every piece, but I’ll bet your decisions will be correct most of the time, so little mistakes are just learning experiences. This is why 31 Club Members just learning the business start with a trading account of only $100. That’s so their mistakes won’t cost them big while they’re learning.

When you buy something, sell it as quickly as possible. This should not take longer than 3-6 months. This way, you will have your money back in circulation to move on to your next purchase, win, lose or draw. Don’t hold on to marginal items trying to get more for them than the market will bear. Turn, Turn and Turn your money over and over until one day you wake up and the world is yours.

Put a Turbo Charge on your Antique & Collectible Treasure Hunting Skills.

Get FREE MENTORING.

Learn the Fine Art and Antique Industry Insider Secrets that can help you make money trading in these treasures. Then Learn to Grow Your Money Exponentially Buying and Selling only Antiques, Fine Art, and Collectibles with Daryle’s Strategic Business Plan.

Our Members are Newbies to Seasoned Dealers, making more money than they thought possible. Join Daryle Lambert’s 31 Club, today.

My 220 page book, 31 Steps to Your Millions in Antiques & Collectibles is FREE with your membership. Join Today!

Check out the new Paintings and new items in our Gallery and Marketplace here.

LINK: 31 Club Article July, 2007

A Member of the 31 Club Located this Historical Document Signed by Patrick Henry, and it was then purchased through the 31 Club Associates Program.

When we started the 31 Club, we aimed at formulating a plan that would help people walk the success steps of life. The ideas that have come from meetings with Cindy, Chris, Clarke and Jeremy have spoken about many have proven worthy of our efforts, but one program that your 31 Club has started is beginning to stand out above some of the others. That is the Associates Program.

The Associates Program gives members the opportunity to participate in a transaction when they find and present an outstanding item to the 31 Club for purchase. If we are able to buy the piece, the member will receive 35% of the net profit of the transaction.

We now have Associates in Texas, Kentucky, Michigan and Illinois. I feel certain that in the coming months, we will have a 31 Club Associate in every state. Through this program, you will have the opportunity to advance in your Race to the Millions faster than it might be possible to advance by yourself.

If you don’t fully understand the program and would like a more complete explanation, e-mail me at info@31corp.com and put “Associates Program” in the subject line.

We have transactions in the final stages on items we’ve purchased when 31 Club Members found a great item, didn’t have the funds to purchase it, but called us to buy it using the Associates Program. When these transactions are completed, members will be putting thousands of dollars in their pockets, while at the same time, they are receiving the best education possible in the Antiques, Collectible and Fine Art field.

Already in partnership with members of the 31 Club, we’ve purchased a valuable historical document signed by Patrick Henry, a painting by Walter Darby Bannard worth thousands of dollars, Rookwood and Muncie lamps, and several other paintings that will soon be appearing in our Gallery & Marketplace.

We are waiting for each one of our members to take advantage of perhaps the greatest benefit you’ll receive for becoming a member of the 31 Club.

Something interesting and humorous happened yesterday when I received an e-mail from one of my favorite people and one of our earliest members. She told me about an Estate Sale where a Rookwood Lamp and a Muncie Lamp were being offered. She thought they were priced a little high, so she asked what would be a good price to offer them the next day when the price would be reduced. I immediately sent her back an e-mail to call me because I thought we could have a good laugh together. She got right back to me, and I had to tell her that I had already purchased the two lamps the day before.

Here’s what happened: I got a call the day before from another lady who was interested in the sale, and she told me about these wonderful lamps. She was interested in purchasing these using the Associates Program. So, I called the person conducting the sale to see if we could buy them. I was told it wasn’t possible, but if I called the next day after 12:00 noon and they hadn’t been sold, I could have them. I called and they were available.

Naturally, I bargained a little before completing the sale. I’m sure the same thing could happen in the future where two people see the same sales ad and call me. So, if there’s something you think might be interesting to us to buy through the Associates Program, the sooner we are notified, the better. And remember, the Associates Program is for Members Only. So, it you’re still hanging out and just following the blog, it’s time to get off the fence and join us today.

This story brings back that old saying: The Early Bird Gets The Worm.

Put a Turbo Charge on your Antique & Collectible Treasure Hunting Skills. Join Daryle Lambert’s 31 Club.

Get FREE MENTORING. Learn Inside the Industry Secrets that help you increase your profits. Then Learn to Grow Your Money Exponentially Buying and Selling only Antiques, Fine Art, and Collectibles with Daryle’s Strategic Business Plan. Our Members are Newbies to Seasoned Dealers, making more money than they thought possible. Join Daryle Lambert’s 31 Club, today.

My 220 page book, 31 Steps to Your Millions in Antiques & Collectibles is FREE with your membership. Join Today!

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