Antiques

Uranium glass has the strange effect of glowing bright green under a black light (ultra Violet light ) due to the presence of Uranium which was used to give the glass its colour.
The most popular form of Uranium galss is Vaseline glass which is a yellow / green colour in normal daylight. Vaseline glass was particulary popular in Victorian times and in the early 20th century - it has not been produced in the UK for at least 50 years now due to the health risks of the manufacturing process.
Collecting Uranuim glass is now very popular with collectors - here is a superb piece offered by AntiquesAvenue:


Antique perfume bottle
What an unusual item - this Victorian perfume bottle is made of Uranium glass and glows under black light. This is made of hand cut glass
Approx Size: 6 cms high
( conversion note: 1 inch = 2.54 cms)

Condition:
Excellent antique condition, there is just one inside end of the stopper.

Our Price: £45.00

Each month I will examine an antique in more detail.
This month is a lovely pair of Walther glass mermaid uranium glass candlesticks
A lovely pair of mermaid candlesticks made in green Uranium glass by Walther in Germany. These will date from circa 1930s. Uranium glass glows under a black light due to its slight radio active nature!
Walther glass in Germany made several items in this mermaid series which originally formed a dressign tale set.
Approx Size: Just under 8½ inches high

Country of origin Germany

Condition:
Excellent condition with no damage of any kind

Our Price: £85.00

Victorian 1830s - 1900: characterised by over ornamentation, heavy decoration borrowed from a previous era. An eclectic style where historical styles were intermingled together

Victorian Gothic circa 1860s:Think of the Houses of Parliament and Victorian church architecture
Victorian Aesthetic 1870 - 1890: Has a very oriental influence

Arts & Crafts circa 1870s - 1930s: Hand crafted, medieval influences, natural materials

Art Nouveau 1890s - 1910: naturalistic and asymetrical, whiplashes, insects and ladies with long flowing hair
Art Deco 1920 - 1940:Sharp and cubic, bright primary colours.

Post War Modernist circa: 1945 - 1970s bold organic with space age influences

The picture shows a Bakelite pendant with strong art deco styling

I am often asked to help value an item - this is a service which I do not normally provide so instead I am offering a little help to guide you through how valuations are achieved.

There are several types of valuation which may be given for an antique or a piece of precious jewellery.

A valuation is more than assessing the monetary value of an item. It covers describing an item, appraising it and assigning a monetary value. It is only possible to arrive at a monetary value when you have considered the other factors of the valuation.
A professional valuation will have all the aspects given in writing and will include : the date, the name & address of the business carrying out the valuation, the purpose of the valuation (see below) , the description, the appraisal, the monetary value and the valuers signature

The description covers the physical properties of an item eg Its size and weight, what materials it is made of and any manufacturers or hallmarks.
The appraisal covers less tangible factors such as rarity, and quality. Condition will also be taken into account.

There are several types of valuation. The description and appraisal remain the same for all types; it is the monetary value which changes according to the type of valuation. The type of valuation given will depend on the purpose the valuation is required for.

The types of valuation are:
1) Insurance replacement.
This is the most common type of valuation undertaken by Antique Dealers & Jewellers. It is required by insurance companies if an item has been lost, stolen or damaged and the customer is making an insurance claim. An insurance replacement valuation may also be required by insurance companies before they will cover a high value item. The monetary value assigned in this type of valuation is based on the current retail price charge by a jeweller including VAT. This will usually either be a NRV (New Replacement Value) usually used for items under 50years old or SHRV (Second Hand replacement Value) for items between 50 and 100 years old or ARV (Antique Replacement value) for items over 100 years old.

If an item is relatively rare and not likely to be available from an antique dealer, auciton house or jeweller, the monetary value can be based on the cost of re-creating the item. This is known as the Facsimile Value or FV

2) Private Sale
This is the amount a customer will receive if they wish to sell the item to another private person. This value would be somewhere between the price a jeweller would pay for it and what they would sell it for - this value would benefit both the buyer and seller in a private trade.

3) Probate
Value for Probate is known as "Confirmation of Will" in Scotland. It is the monetary value assigned to deceased persons items. This is the value the item is likely to fetch if offered on the open market on the date of the persons death. Frequently this will be the price it would fetch at auction and this is consequently lower than the insurance valuation.

4) Loan Security.
The value that a Pawnbroker or other institution would put on an item offered as security against a loan. The level fixed would not be higher than the probate valuation.

5) Capital Gains Tax
Capital Gains tax is payable on the sale of certain assets when you gain more money for the item than was paid for it. For example you buy a piece of jewellery for £8000 and sell it 5 years later for £11,000 then there is a Capital Gain of £3,000.
Capital Gains tax is only payable on items of Jewellery individually valued at £6000 or more and an individual can currently make £8800 in capital gains per annum before the tax is payable.
The value would be based on a balance between current auction prices and current retail price

6) Family Division & Divorce
This is where assets need to be valued when an estate is split under divorce proceedings. The monetary value is similar to the value assigned at Probate.

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People often wonder why do the amounts given in a probate valuation differ so much from those given for the same item on an Insurance valuation?

A Probate valuation is based on the figure that an item is likely to achieve at auction. The Insurance valuation is usually based on the retail price.

The price a piece of achieves at auction is usually less than the retail price especially as antiques are frequently purchased by dealers for resale.

For example:
- If a piece of Jewellery achieved £100 at auction the purchaser will pay a % on top of the price to the auctioneer. This % varies between 10 and 25 % depending on the auction house. The total paid eg auction price plus the commission is the amount the purchaser pays

- Items sold at auction is frequently sold to dealers who wish to sell on the item for a profit. In order to achieve a profit they will need for the hammer price plus the commission to be well below the retail price. The dealer will base the price paid he is willing to pay for the item at auction at the price he reasonably expect to sell the item for minus the cost paid for the item and also minus the cost of bringing that item to sale. Costs of bringing the item to sale will include repair and cleaning costs for the item and also sum towards the overheads of running the business

- A dealer turning over more than £67,000 a year needs to include VAT in the price of an item. Vat is currently 17.5 %.

So lets assume that a jeweller buys a diamond ring for £100 at an auction where they pay 15% commission. The Jewellery hands over £115 and takes the ring back to his shop where a tiny repair is carried out to one of the claws to ensure the diamond is held firmly and the ring is cleaned so that it looks its best in the window. Including the time spent on the cleaning and repair the Jeweller had now invested £150 in the ring. He normally works on a 25% profit margin and so needs to re-coup £180. In order to recoup £180, the jeweller must add VAT on at 17.5% taking the price to £206.80. A likely retail price will be at least £210 (or more if the jeweller believes that the ring is worth more).

I hope this little guide helps - please keep checking back for more
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Vintage Brooches

Vintage Costume Jewellery Brooches

Vintage earrings

Vintage Rings

Vintage Bracelets

Vintage Necklace Lockets

Vintage Jewellery : Victorian & 20th Century pieces. A special section in silver charms including named ones by Chim & Nuvo & enamel travel shields. Antique Tiles: Victorian picture tiles, Art Nouveau and 20th Century collectable tiles. There are some nice delft tiles and soon to be added a collection of Maw tiles. Art Pottery : Mainly British Art pottery from circa 1880 to 1980. The occasional European piece Some art deco pottery including Chintz Art Glass: Also included here are glass paperweights , art glass from the major British and European companies. Collectables: Vintage sewing and vanity accessories, porcelain miniatures, fine china and everthing else!

AntiquesAvenue has now added a lens dedicated to Antique, Vintage & Collectible Jewellery. The first article on British Hallmarking is live. The brooch in the photo is a wonderful costume Jewelry piece by the famous designer Normal Hartnell & it retains its original swing tag