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Royal Memorabilia -Smart Trading and Fake Dodging
This is my second article about trading royal memorabilia on
eBay and other online auctions. We're going to explore just what
items are really tradable, how and where to find your stock and
mention some definite pitfalls to avoid.
As you already know, a vast range of products has been
produced to commemorate royalty. You could decide to specialise
in silver, plates, dolls, stamps, books, coins, jewellery,
postcards, mugs, tea towels, glass, tins / boxes for
confectionery, photographs, T-shirts, paintings, newspapers,
videos, royal trading cards and I'm sure you can also think of
other categories. The list is extensive.
The more popular items have been produced in great numbers, so
they're often easy to find and moderately priced. This means that
you can quickly create a varied assortment of collectibles
without having to spend too much. But in the long run, the most
desirable and highest appreciating items have tended to be
pottery/china, tins/boxes and glassware.
You need to be selective about what you trade. Items decorated
with a royal portrait are more likely to attract good buyer
interest than those without. If there is also an inscription,
giving the name, date, special occasion etc, then this will also
improve its saleability.
Remember too that the more substantial and permanent the item,
the better chance it has of selling. Generally, items of pottery,
china, glass are more sought after then say cloth or paper items
such as photographs and autographs.
If you can, try to deal with memorabilia that already has a
'second chance' profit factor. For example, a Wedgwood or Royal
Worcester commemorative plate or mug is already valuable purely
from a manufacturers' viewpoint. The royal connection can simply
add that extra icing on the profit cake!
So, where do we source our royal memorabilia?
For a start, have a good look around your own home. You might
get a pleasant surprise at just what you can find. Charles and
Diana items from 1981 are now beginning to rise in value and most
of us bought something to commemorate this royal event. So check
your cupboards, attic and garden shed.
Also, ask your friends and relatives if they have any items
they want to sell. You could buy them for resale or consider
selling them on their behalf through your online auction account.
If nothing else, you can gain some valuable selling experience
and a 'feel' for this market.
It's also a good idea to have a search around eBay itself and
other auction sites for items. You can buy on one site, hopefully
at a bargain price, and then relist on another and make a quick
profit.
I've found that British royal items tend to sell better on
eBay but for slightly less on eBay.co.uk. Using the other
national sites tends to produce a poor response with very few
bids.
If you have decided to trade in the more expensive, quality
items (fine china, food boxes, glass etc) then offline auctions
and antique shops can be a good source for stock. Offline
auctions would be my preference as you have more chance of a
bargain. A good antique dealer tends to know the value of his
stock so the opportunity for buying at the 'right' price is more
limited.
The saying 'Knowledge is Power' is definitely true in your
stock hunting. It's always preferable to specialise, so that when
an item appears in an offline auction, you have a realistic idea
of what it's worth. You can then use your in depth knowledge to
buy at the best price and then make a good profit from your
online sale.
Of course, don't forget your local junk shops, jumble sales,
car boot sales, garage sales and charity shops in your search for
stock. Bargains can still be found especially items relating to
the present British Queen and the late Princess Diana. I recently
bought a biscuit tin with a lid portrait of Prince Philip for
just a £1 in a charity shop. It dated from around 1955 and I
sold it for a very nice profit. Bargains are still to be found
out there.
And a good tip when trading royal collectibles is to choose an
area that is interesting and appeals to you. You can very quickly
become an 'expert' in your own field and easily spot potential
when trawling the junk and second hand shops. If you buy
interesting items in good condition then a profitable sale is
almost guaranteed.
Are there items you should definitely watch out for?
Memorabilia associated with King George III and the early
reign of Queen Victoria are valuable if you can find them. Only a
few items were produced to commemorate Victoria's coronation and
the royal births. Not many have survived so prices can be high. A
Queen Victoria coronation mug can easily demand £800 plus
depending upon condition. So keep your eyes open!
Is there a down side in dealing in royal memorabilia?
Well, if you decide to get involved, you must be aware that
there are many fakes and reproductions. This is especially true
of the more impermanent items such as letters, cards, photographs
and autographs. Items related to Princess Diana are a particular
favorite of the unscrupulous forger and she is reported to be
the 'most faked' royal ever with large quantities of bogus
letters, autographs and signed photographs in existence.
So how can you safeguard against being duped?
Knowledge, research and common sense are your best defence. In
the case of autographs, you can easily compare signatures and
similar items with each other. Printed signatures are easily
spotted, as they are sharp and distinct. Real signatures will
often 'bleed' - the ink runs slightly from the stroke of the pen.
This certainly helps you to check whether that royal signature is
genuine or just a facsimile.
As a general rule, take care when you buy and do your homework
if you intend to spend a lot of money. And the legal maxim
-'Buyer Beware' - just about sums up the attitude you should
adopt when searching for your royal items.
In my final article about royal memorabilia, I will be
discussing the importance of selecting the right category for
your listing so that you get the best prices for your items. And
I'll also mention several useful websites to help you become more
effective as a royal memorabilia trader.
Until then, wishing you every success.
With 30 years of business experience, online auctions and
information marketing have now become my passion. I'm still
learning and happy to help others if I can.
Join my Salesplease Search Newsletter for marketing strategies
that get results and information on online and offline
opportunities that will increase your bank balance. It's free to
join so there's nothing to lose! For further details plus FREE
bonuses: http://www.salesplease.com
 MORE RESOURCES updated Thu. February / 09 / 2012
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Muckdogs planning for Hot Stove eventThe Daily News OnlineBATAVIA — The Genesee County Baseball Club will conduct its annual Batavia Muckdogs Hot Stove dinner and auction on Friday, March 2, 2012, from 5:30 to 8:30 pm at Terry Hills Golf Course and Banquet Facilities at 5122 Clinton St. Rd. Tickets are $25 ... |
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After kickbacks row, AP to review excise policyZee News"The next round of auctions is due in June. So we should have a new policy in place before that," the Minister added. "Syndicates are neither new nor restricted to liquor trade alone. Syndicates exist in sand and other businesses as well," Mopidevi ...and more » |
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Treasuries Rise as Greek Leaders Fail to Agree on Economic PlanBusinessWeekThe Treasury is scheduled to auction $16 billion of 30-year bonds today. “Triple A bonds are where we should be invested,” said Hideo Shimomura, who helps oversee the equivalent of $77.8 billion in Tokyo as chief fund investor at Mitsubishi UFJ Asset ... |
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Pay more for your favorite beverage!Parda PhashSo the prices of this variety of tea are expected to go up at auctions. It will push up CTC tea retail prices in the domestic market," Arun N. Singh, managing director and chief executive of tea major Goodricke Group, told reporters over phone.and more » |
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