The opposite is true when there is unlimited supply and no demand the value of the item is at its lowest. An example is the sale the day after Christmas on Christmas decorations. Another major factor of the value of an item is condition. As a child if you ever invested in coins, the text would specify a significant difference between a coin in an brilliant uncirculated condition and a coin that is badly worn. In dealing with antiques the subjective feelings of one individual examining an item can greatly differ with another.
Experience is a major factor in appraising condition.
It is really challenging for an individual to evaluate an item when they have never seen the item in their life. At American Heritage we are attempting to honestly assist you by utilizing our extensive staff of individuals who are working with the items in question on a daily basis. We limit our appraisals to items we offer. In the present economy, that is changing rapidly and the introduction of the computer internet, current experience is critical. Appraisal texts, that we have reviewed, often reflect the view of an individual, that by the time it is published the information is outdated.