Posts Tagged ‘antique business’

Antique Snuff Boxes: Small & Valuable Treasures Worth Sniffing Around For

Friday, September 26th, 2008

 I often tell Members of the 31 Club that money in the antique and collectible world can be made with items smaller than a bread box. Besides not taking up too much space in your home until you get them sold, you won’t be faced with transporting these small treasures back and forth, which eats away at your time and erodes your profit. Snuff Boxes and Snuff Bottles certainly qualify as items smaller than a bread box, and they can be quite valuable. Today, I’ll focus mainly on snuff boxes.

 

 

Snuff, used for many centuries, is a tobacco that is ground into a very fine powder. It’s sniffed through the nose, tucked behind the lip, or tucked inside the cheek. It came in either a dry form or a moist form.

In Europe, in centuries gone by, the use of snuff was a very popular social ritual, mainly with the elite. Many a high society lady or gent would never leave home without their stylish snuff box and would often have several to choose from. They even had snuff boxes for every season. In China, snuff bottles were very popular, and the bottle stopper had a little pad on the inside of it. The process for use was the same.

In 19th Century America, some women might have smoked cigars in public for its shock value, however, there were far more ladies discreetly using snuff, which was perfectly acceptable. This was Women’s Lib 19th Century style, and it caught on.

Fast forward to the 21st Century and we find that anything to do with snuff has become highly collectible. If you find one for a collector, they’ll pay you handsomely, especially for the right one.

Snuff boxes can be made from almost any material. They were often made of antler, silver, wood, brass, gold, pewter and many others. They also can be a combination of several materials, artistically decorated. Most boxes were decorated with gold or silver, often with the owner’s initials engraved on them. Many were highly decorated, and of course, these are quite valuable. Let’s look at a few values in Kovel’s Price Guide to see if your eyebrows move a little north:

A 3” Gold Enamled Box of a Harbor Scene, c. 1830 valued at $17,250. If that’s too rich for your blood, how about a Metal, Gilt, Musical, engine-turned panels sized at four inches for $14,950. These must have been owned by a very special lady or gent.

$32,500.  That’s the price of the snuff box shown in Today’s Photo. Offered at M.S. Rau Antiques, this Swiss Enamel and Gold Snuff Box, circa 1740, looks like it contains a double ivory portrait,adding to its value. This is a real beauty. When you take a look at all their high end snuff boxes, you’ll have a better idea of the high quality, high end boxes out there.

Remember, we look for the higher end, rare items. As we work our way up the 31 Steps, our ever increasing knowledge of true quality and rarity will help us along the way. Please make every effort to attend antique shows in your area to see high quality items up close and face to face. The first goal is to be able to recognize quality when you see it.

 Snuff is a dying industry. To the ladies and gents of days long gone, aside from being the socially chic thing to do then, that special little high from nicotine was what they were probably after. In those days, the use of snuff also made the dentists very happy, too. It caused many a mouth problem and surely increased the bottom line in the dentists’ books.

But using snuff was not reserved for the high society folks. We regular folk used it too. I can still remember the way my Grandmother would quickly sniff a little, sneeze, and then hold her dainty handkerchief to her nose. As a child I often wondered why she would do this. Maybe to clear her nose, I thought.

If you’re interested in “sniffing out” more information on snuff boxes, you might start by reading Christopher Proudlove’s Blog on Snuff Boxes at WriteAntiques.com and Tobacco.org has a very informative timeline of tobacco that’s quite interesting.

Don’t Let What you Don’t Know or Fear Stop You

Saturday, August 16th, 2008

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.

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LINK: 31 Club Article July, 2007