1? Herald - Lantern - Dispatch 28 August '85

LADIES SWEATERS BY • Rochelle, LeRoy, Albee, British Vogue, Knitivo I Gothham, Answers by Riddle, Northern Isle I & INFANTS SWEATERS • Sizes Newborn to 14 By Blue Bird, Grand And Quiltex MEN'S SWEATERS BY — Northern Isle, Thane, Wrangler, Jantzen, J Blake and Manley, Catalina, Robert Bruce | j j I j* (j 'i flxSz [ir - Macintosh. Weather Tamer, Illusions, r/B[ Aspens, Leslies Fay Lf *V infants s childrens jackets . ^^^^^NMNOWSUITSJWIJUJE)^^^^^^ .>"• / Washington Mall At OkoIui I Bayshore and Ferry ltd. St ' *1 II4-45B8 I tSfi-PBin K in tt-tun lit ■ m it. yin in

A \ I.B. DIFFUSION ■* i jackets f fjpf

| Antiques yM By Arthur H. Schwerdt

There are times when ail the antique dealers in Cape May County would be of no use to you in determining the exact value of what you have. For legal, tax or insurance purposes, you wHl need the sen/ices of a licensed appraiser. Most dealers are not qualified appraisers. It is unfair to ask a dealer to tell you the value of your merchandise. He could spend the time and do some research for you. but he often doesn't have the time to do all the «-esearch he needs to do on his own items. All a dealer can be expected to give you is a price. His price will be based on how easily he feels he can sell the item, how much profit he needs to meet his expenses, and current general economic conditions. Whatever he tells you, unless he is a qualified appraiser, will be of no use to you for legal or quasilegal purposes YOU CAN EASILY find an appraiser by looking in the yellow pages, but it is always better to deal by personal recommendation. Your local banker and attorney have had occasion to use the services of appraisers. and either of them might be able to give you the names of some whose work they were particularly pleased with. It takes years of study and experience to become an appraiser. Consequently, do not expect these services to be inexpensive. Prices vary depending on the quantity and quality of the pieces to be appraised An appraiser will either give you a flat rate for the job. an hourly or daily rate, or a rate based on a percentage of the value of the items. This percentage rate can be from 2 percent to 10 percent. You will probably pay a higher rate for an items or items totaling under $1,000 than for those totaling into the thousands HERE ARE THREE good rules to follow when dealing with an appraiser: 1 > Settle in advance what the fees are and how detailed an appraisal you will receive. Make sure that you get whatever is required for your purposes. 2) Prepare all your items before the appraisal. Get together any bills of sale or other information about the history of the item and its ownership The appraiser will need to know all that you can tell him 3»After the appraisal, check that you have received what was agreed upon. Keep the appraisal in a safe place such as a bank safety deposit box. Values ot and prices change, so, especially for insurance purposes, have your items * reappraised from time to I time. Reappraisal is usually much less expensive than the initial appraisal. [ IF YOU HAVE any further questions, write or call either The American .Association of Appraisers [ or The Appraisers Associa- I j lion of America. Both are f in New York City. P If a large lot of merchan- r dise or an estate needs to P be liquidated, your banker I or attorney may also be [| able to put you in touch i with an auction house. Auc- | tion houses often have their own qualified appraisers. Fees and serivces may

/N vary from house to house, so make sure these are determined before the auction. In many houses the fees are shared between buyer and seller. You can protect yourself against low bidding by working out a "reserve price" with the auctioneer. This is a price below which the item will not be sold. If you do this, be prepared to be left with items that you have neither use nor room for. Let the auctioneer and the appraiser help you to set reasonable reserve prices so that you won't get stuck. In future columns I'll discuss other ways of finding the value of what you have and selling at a fair price. Right now, however, I'm a bit tired of all this

technical talk. Let's get back to discussing more about those gorgeous antiques themselves. NEXT WEEK: A look into mirrors. (Arthur Schwerdt. coowner of The August Farmhouse, on Route 9 in Swainton. invites questions c/o this newspaper.) Council Sets Special Meet AVALON — Borough council will hold a special meeting tomorrow at 10 a.m. in the meeting room of the borough hall. 3100 Dune Drive. The council will discuss the 1984 audit and amendments to the fire and zoning codes in the public portion of the meeting. The council also is scheduled to meet in a closed session after the regular meeting.

Qflol Stfill ports Carousel Horses ^edd1 I JSfe $''90 ^eats kA & 368-2519 9716 Third Ave. Stone Harbor Open Daily 10 a.m.- 10 p.m. A distinctive shop with unusual and contemporary items Tor the home. SUMMER'S "Last Hurrah!" W VP How About Out Last Picnic? 1 " Special With Party 'Goods, Bar-BQue Paper Goods, | _/ Tableware And More! 513 CARPENTER'S LANE M* CAPE MAY • 884-0052 TT ........ A .... .1

!§j ! The Rose j[|l j jxR j 9725 2nd Ave., Stone Harbor jrtjJ j Hi | antiques • antiques |K| \ Beautiful Cut Glass 1 [I® & Rattan Furniture. Gifts. Old Tif- ||jjn Si? fany Lamps' Thinfis- and Reproduchons. Leaded Stained Class Panels JU i§& 2o% °ff anj M°rc °ff whi,e \ Ivfi p j Accessories