What to Know when Buying Collectibles

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What to Know when Buying Collectibles
Col ectors put a great deal of time and money into their hobby, or, for some, their investment
and most know the importance of provenance and how to avoid scams. For the novice col ector
just starting out, however, learning how to spot scams is important. Celebrity memorabilia,
sports memorabilia, art, antiques, high-end watches and many other col ectibles al can be
faked leaving the unwary col ector with a worthless item and a lot less cash.
Part of avoiding scams is common sense. If the price seems too good to be true, it probably is.
Celebrity memorabilia, for example, is one of the most popular types of col ectibles. Fraudulent
sites abound with amazing deals, but with these items being in such high demand, those kinds
of "steals" are usual y fraudulent. Reputable dealers such as high-end pawn shops and auction
houses are less likely to sel you something fraudulent. Most will have done the research and
established provenance before they purchased the item to resel . If they can't show you
paperwork, then don't buy the item.
Do your research! You're about to spend a lot of money on this item so take the time to find out
everything you can about it. Of course you want to start by asking the sel er for documentation,
but in some cases it may be wise to go further. For instance, if you're buying fine art you can
look at stolen art databases, auction house records, and museum records. If you're buying
sports memorabilia, research the history of the player or the team and make sure the item
you're purchasing makes sense with the history. Remember, documents can be faked and
taking a few extra precautions can't hurt. Never always believe descriptions, many description
cal s the product `rare'. Far too many sel ers just put rare into al their descriptions, but the
chances are that the item is common and has just been described wrongly.
Final y, it's important to remember, once you've made your purchase, to hang on to the
documentation you have. The piece of paper that came with the antique high-end watch you just
purchased is just as important as the watch itself should you one day decide to sel or take out a
high end pawn loan. Counterfeiting is something of a big business, and savvy buyers wil want
proof that what you're trying to sel is authentic.

To make your purchase a safe and successful one, consider the above points and worth every
single penny you spend on the item.
About the Author:
The author of this article has expertise in high end pawn loan. The articles on Col ateral Loans
reveals the author's knowledge on the same. The author has written many articles on High End
Watches, pawn shop as well.