ANTIQUES FOR AN ALTERNATIVE INVESTMENT
The world is crazy for alternative investments and antiques slot in here. It is historically proven that whenever we have tough times, antiques will hold their worth, especially if they are quality and have a scarcity value like the 1933 car above. Their minimum appreciation is about 10% per annum. Antiques are not as risky as the stock market. For example the Standard Bank has large collections of valuable art in their corporate collection.
Earmark a special line in collecting and buy the very best you can afford. Make sure that you protect your items against theft in South Africa as this can devastate your best intentions. Hold onto your investment for the medium to long term and see the value of your investment appreciate. Get to know the dealers and visit antique fairs. Keep records of when and where you bought an item and get a written certification of the item's value. Keep the item insured and keep it in pristine condition. Enjoy your collection at the same time.
Traditionally, art has seen the biggest returns but other areas that you can dabble in are:-
- Investment quality glass
- Antique furniture and silver
- Royal Doulton
- Boer war and Afrikaner antiques
- Stamps are portable and robust in the international market
- Books, prints, maps and militaria
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