.

Fine Art, Furniture & Interiors  

Auction early July

Georgian Mahogany Four Door Bookcase

Estimate €3,00.00 - €4,000.00

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Valuations Carried out Countrywide

'Are you Over Insured in Today's Market?'

Valuations for Insurance, Probate or

Family Division carried out throughout

Ireland.  Please telephone for advise on same.

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 Kindly contact Bryan Greene or Martina Noonan

Telephone 01 2885146/7/8 or by email to

info@adamsblackrock.com

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We are pleased to announce a return to competitive buying for Irish Paintings, Furniture, Silver & interesting items in our recent sales.
 
 

Deloitte's urge clients to buy antiques now

Following a study of data provided by the Antiques Colector's Club, the financial giant concluded that now is a good time to acquire "a proven asset".  In a statement to clients issued in August, Deloitte's chief UK economist, Ian Stewart wrote: "We think that the credit crisis could be supportive of antique furniture prices. First, a low return on cash provides investors with incentives to put money into less orthodox assets. "Second, the credit crunch has highlighted the need for investors to put their money into a range of assets. Last year all the major assets – equities, houses, commodities – fell. Antiques are illiquid and they generally avoid the big price swings seen in financial markets."

But for Deloitte the best argument for buying old over new is “simply that antique furniture is better made and cheaper than new furniture."  Deloitte's conclusion is that "now could be a time to bet against modernism and look into buying a functional, proven asset." 

Source: Arkell, R., Antiques Trade Gazette, Issue 1903, 22 August 2009, p.1.