Posted by the author on September 30th, 2007
Antiques are objects that have a perceived value because of their age, rarity, and demand. A smart investor knows that the value of certain objects may increase or decrease depending on certain factors, but in the case of antiques, the value mostly goes up because of the demand and rarity of that particular object.
The real reason why rich people collect antiques is because they are investing as well, at the same time. Those antiques they collect both decorate their homes, and appreciate in value over time. If for any reason they suffer from financial crisis in future, they could always resell their antiques for a higher value!
Read more on antiques at Antique Joint.
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