Estimate or sell: when should you take action?

Owning a valuable or collectible item can raise many questions. Is it time to sell it, or is it better to wait? Should you have it appraised first to determine its value? These decisions depend on many factors, such as market trends, your personal goals, and the item's condition. This guide will help you determine the best time to take action and maximize your property's potential.

Why start with an estimate?

Before selling an item, it's essential to know its true value. A professional appraisal will help you avoid two pitfalls: undervaluing the item, which could cost you money, or overvaluing it, which could discourage buyers.

Having an item appraised also gives you a better understanding of its characteristics:

• Its rarity and authenticity.

• Its state of conservation.

• Its potential in the current market.

With this information in hand, you will be able to decide whether selling is the best option or whether it is better to wait for a more favorable period.

Reasons to have your item appraised without selling it immediately

1. Know your value to make an informed decision

Even if you don't plan to sell your item right away, an appraisal gives you insight into its potential. This will help you better plan for its future: keep it as an investment, pass it on, or sell it when the time is right.

2. Anticipate market fluctuations

The market for precious and collectible items is constantly evolving. For example, current trends favor certain styles or categories, such as Art Deco jewelry or vintage watches, which are in high demand. An appraisal will allow you to monitor these developments and act at the right time.

3. Take out suitable insurance

A valuable item deserves to be protected. Having your property appraised can help you adjust your insurance policy to prevent loss in the event of theft, damage, or loss.

When should you sell?

Once you've had your item appraised, you'll need to assess whether it's the right time to sell. Here are some things to consider:

• The market is favorable

Certain periods are more conducive to selling. For example, a market with high demand for a specific category (vintage jewelry, movie posters, designer furniture) can be an excellent opportunity to sell at a high price. Follow trends and auction results to identify these moments.

• You have a financial need

If you need cash for a project or unforeseen situation, selling a valuable item can be a quick and effective solution. In this case, an accurate appraisal ensures you get the best possible price.

• You are no longer attached to the object

Sometimes, items lose their sentimental value. If you no longer feel an attachment to a piece, selling it can give it a new lease on life while also providing you with a financial benefit.

• The condition of the object may deteriorate

If the item is fragile or difficult to preserve (for example, a moisture-sensitive painting or a delicate piece of wooden furniture), it may be wise to sell it before it loses its value.

When is it better to wait?

• The market is down

If demand for your item is low or competing categories dominate the market, waiting may be a better option. This will allow you to maximize its value when the market is more favorable.

• The object gains value over time

Some items, such as vintage wines, artwork by emerging artists, or luxury watches, increase in value over time. In this case, keeping the item can be a strategic choice.

• You want to deepen your research

If your item has a special story or rare features, investing time to learn more about its provenance or obtaining a certificate of authenticity can significantly increase its value.

How our service can help you

Whether you simply want to appraise an item or are considering a sale, our online appraisal service is your best friend. Here's why:

• A quick and professional estimate: Get an accurate analysis of your item's value, based on objective criteria and market trends.

• Personalized advice: We guide you to determine if it is the right time to sell or if it is better to wait.

• Market access: If you choose to sell, we put you in touch with serious and passionate buyers.

Estimate or sell? The answer depends on many factors, such as the item's value, your needs, and the market situation. Always start with a professional appraisal to make an informed decision.

If you're still unsure, our online appraisal service is here to help. Take control of your valuables' potential and seize opportunities at the right time.