Archive for March, 2007
Who is the Buyer-Decorator or Collector
Tuesday, March 20th, 2007March 19, 2007 If there is a demand for antiques and decorative arts, their intrinsic value and functionality has to be determined by the appropriate buyer. That buyer must have two essential ingredients in order to make a purchase, money (obviously) and knowledge. In today’s affluent society, the discretionary ability to spend money on these [...]
Will the Antiques Industry Exist in 20 Years?
Thursday, March 15th, 2007March 14, 2007 I feel like a relic in the antiques industry; I was in it before the buyer’s premium and before the internet. The dollar was the mighty currency of the world and American dealers could buy with impunity anything in Europe. My, my, has the world changed! I would like to think that [...]
A Bit of Newel’s History with New Amsterdam (New York City)
Friday, March 9th, 2007March 8, 2007 I love history. It is the type of reading I do most and helps me get insight into how our world is forever evolving. Sometimes the real world can brush up against the historical record and that can be fascinating and exciting. I had a phone call from a lady researching Turtle [...]
Sales Tax, Are Auctioneers Above the Law?
Wednesday, March 7th, 2007March 6, 2007 In New York, every business that buys and sells goods must be registered to collect and pay State sales taxes. The State considers the entity that collects and remits these taxes as sales tax vendorsĀ, and they must document the receipt of taxes due or receive a valid resale certificate, exempt use [...]
With Sotheby’s new minimum lot price, is Christie’s far behind?
Friday, March 2nd, 2007March 1, 2007 News can travel fast in our industry, with the internet giving anyone quick access to information as well as rumors. Before I left work this afternoon I saw a bulletin from the English newspaper, Antiques Trade Gazette which stated that Sotheby’s was going to close their Olympia middle priced auction facility in [...]