Author: wisdomlaneantiques

I've been going to auctions, antique malls, flea markets, etc. since I could walk. My lifelong love of anything vintage, old, or shabby (everything really is better with age) is now my full-time job.

Josh Tatum strikes!

On By wisdomlaneantiquesIn HistoryLeave a comment

In 1883, the United States mint released a new 5 cent coin design.  There was one problem with it—it came without the word CENT anywhere on the coin.

The 5-cent coin quickly became known as the “Racketeer Nickel” because there was a group of people that would gold plate the coins and pass them off as $5 gold coins.

One of the more famous of people to be accused of gold plating the coins is a man by the name of Josh Tatum.  Josh would walk into a store and purchase an item for 5 cents.  He would then pay for it with the gold-plated fake.  Sometimes he would get $4.95 in change, and sometimes he wouldn’t if the clerk knew the actual denomination of the coin really was.

He then would leave with his purchase.  The striking thing about the entire thing was the fact that Josh would not say a single word throughout the entire transaction.

Why is this?  It is believed that Josh was a deaf mute.

The law finally caught up to Josh and promptly arrested and tried him for fraud.  The charges could not stick because of the fact that he did not say a word when the purchase was made, so it was up to the clerk to decide if the coin was worth 5 cents or 5 dollars.

The phrase “Just Joshing you” to this story.

What amazing bits of history like this have you heard?

What are some terms that will be heard at an auction?

On By wisdomlaneantiquesIn Auctions, Tips for the beginner, Vocabulary WordsLeave a comment

When you dive into the world of buying and selling, you will run across some interesting terms and phrases.  It is the same way when you attend an auction.

Here are some of the terms that you will hear when you attend an auction:

Passed in—If the bids at an auction don’t meet the reserve price, the item can be withdrawn from the auction or passed in.  It the item is passed in, the last bidder will be able to negotiate a price for the item with the seller.

Fair warning—this is a warning that is given by the auctioneer that is telling the bidders that the bidding for the item is about to end.  It also gives one last chance for any potential bidders to place a bid before the item is sold.

On-site auction—this is an auction that is conducted on the premises (or property) that is being sold on the day of the sale.

These are just a few of the terms that you will hear when it comes to an auction.  What are some of the terms that you have heard?

Great Ideas to invest some money in trying times?  Try silver coins

On By wisdomlaneantiquesIn Beginning to collect, CoinsLeave a comment

I have been collecting coins ever since I was a kid.  One of the first stories that I heard was that coin hoarding in the early 1800’s.

One of the reasons that led to this happening was the fact that the banking system was not the greatest.  There were plenty of banks that would open up for business and then be out of business within a couple of weeks or months.  Because of the very shaky ground that the banks were on, people were afraid that they would not get their initial deposits back (or anything at all for that matter).

Because of this, people started to hoard silver and gold coins (gold coins were in circulation until 1933 and they had a face value of $1, $2.50, $5, $10 and $20).  It got so bad at one point that the lowly little penny was even getting stockpiled.

The United States Mint (and mints from all around the world for that matter) still make pure silver coins, but they are geared more for collectors and investors alike.

With the price of silver going up, it only makes sense to set a few examples aside to watch them go up in value.  If you play your cards right, you can make a tidy profit on your original purchase price.

What are some of the different types of prices that you will you run across?

On By wisdomlaneantiquesIn Selling tipsLeave a comment

When you make the plunge into the world of antiques and collectibles, you will be amazed at what you run across.

You will see anything from advertising items to musical instruments and even glassware and pottery items.  You will quickly find out that the one thing that will get the most attention is the price of an item.

Did you know that there are different types of prices in the world of antiques and collectibles?  Here are some of the more common types that you will run across:

Reserve price—this is the minimum price that a seller will accept as the winning bid at an auction.

Auction Price—this is the price that is paid when auctioneer’s hammer falls.  This price does not include the Buyer’s Premium—the Buyer’s Premium will be applied when the buyer pays for their items.  The auction price is also known as the hammer price.

Retail Price—this is for an item that is for sale in someone’s physical store or booth.

This is some of the different types of prices that you will run across.  What other types have you seen?

How much do you charge for shipping when selling online?

On By wisdomlaneantiquesIn Selling tipsLeave a comment

This question stumped me when I first started selling items online.  Every time you list an item on an online site, the question on how much to charge on shipping always comes up.  So how do you know how much to charge on the item that you are selling?

After I get all the pictures taken of the item, I will get a start on the packing part for the item to be mailed.  The first step that I do is to find a box that the item fits in.  I will look for a box that is a little bigger than what I am packing so I can put some packing peanuts around it.

When I find a box that works, I go ahead and wrap the item in some bubble wrap it.  When I get the packing peanuts and the bubble wrap around the item in the box, I will weigh the box.

I know that this might be a little over kill, but the size of the box and how much it weighs are what you use to figure the price of the shipping.

When you know that, you can head on over to the USPS website.  There is a postage calculator on that website, and all you have to do is to plug in the weight and size of the box.  When you do, the calculator will give you an idea on how much it will cost on shipping.

One thing that I do after I do this is to write on the inside flap what is inside the box and set it aside—this way all I have do is to put a packing slip inside the box before I tape it closed and attach a shipping label.

This is one way to figure out how much to charge for shipping.  What do you do to figure this out?

What are some of the different types of coins that are made?

On By wisdomlaneantiquesIn Beginning to collect, Coins, Tips for the beginner, Vintage, Vintage, Vintage!, Vocabulary WordsLeave a comment

When you start to collect coins, you will quickly find out that there are different types of coins that you can find.  The strike, what it’s made of or even the shape will quickly jump out at you.

Here is a few of the different types that you can find:

Business strike—this is a coin that is produced for general circulation, and you will find it in pocket change.

Commemorative coin—this is either a coin or medal that is issued to honor an outstanding event (like a bicentennial) or even a person (like Booker T. Washington).

Bi-Metallic—this is a coin that has been made out of two different materials like bronze and silver that have been bonded or fused together.

Proof—this is a coin that has been struck on a specially produced highly polished planchets and dies.  There are even proof coins that can be purchased that are struck more than once on the dies to help accent the design.This is a small look at some of the different types of coins that you can find.  What have you run across?

Madrid Depression Glass and its counterpart

On By wisdomlaneantiquesIn Beginning to collect, Glassware, Item highlight, Tips for the beginner, Vintage, Vintage, Vintage!Leave a comment

The Madrid pattern has been around since 1932, and it is still being produced today.  The name of the pattern has been changed to the Recollection Pattern, and it is made by the Indiana Glass Company.  There are quite a few ways to tell if the piece you are looking at is a piece from the Madrid pattern or is part of the Recollection pattern.

In 1976, the Federal glass company released Madrid as part of their Bicentennial line.  To help discern this from the original, there is a “76” that has been stamped into the mold.  It is easy to spot due to the size of the numbers and that it is often located near the top edge.

The Indiana Glass company released the Recollection pattern starting in the 1980’s.  Some of the pieces that Indiana Glass has released were never produced by the Federal glass Company.  Some of the molds were even put together.  One example is the mold for the candlestick and fruit bowl were put together to produce a kind of pedestal bowl.  If you happen to run across one of these pieces, look at where the bowl joins with the “base”.  If you see some ribbing inside what looks like a hollow area, then this is a modern piece.

The grill plate is different as well.  The original has been divided into three compartments and the newer one only has two.It is amazing how much of both patterns are here in the Ozarks.  Keep an eye peeled when it come to this pattern—you just might be paying good money for a newer piece.

What are some coin terms that may make you think have different meanings?

On By wisdomlaneantiquesIn Beginning to collect, Coins, Money, Tips for the beginner, Vocabulary WordsLeave a comment

For many years now, I have been collecting mainly United States coins.  When I first started collecting coins, I heard some terms that I thought meant something totally different.

Here are some of the terms that I have heard over the years:

Hairlines—this is not near your forehead; this is tiny lines or scratches that are more often caused by polishing or cleaning a coin.

Field—this is not something full of flowers, it is the portion of the surface of the coin that does not have any of the coin’s inscription.

Bust—the part of a coin that features a portrait on a coin.  The portrait features the head neck and shoulders.

Designer—this is not talking about a line of handbags—this is the artist who has created the coin’s design.

This is just a small handful of the words that you might run across when dealing with coins.  What have you heard of?

What happened during the year of 1946?

On By wisdomlaneantiquesIn HistoryLeave a comment

Whenever I am looking up an item that I have recently bought, I will occasionally run across a fun fact that happened during a certain year.  You never know what you might run across, and I always find what I run across interesting.

Here is what I have run across for the year 1946:

The movie IT’S A WONDERFUL LIFE was considered a failure at the box office when it came out in 1946.  What helped make it a Christmas classic was a clerical error that put the film in the public domain.  This let many local TV networks to play the movie for free starting in 1974.

The Cozy Dog made its debut in 1946.  This was the first corn dog on a stick, and it was invented by Ed Waldmire Jr.

The Magic 8 Ball, Lionel Trains with ‘steam’ and even the Streater Steam shovel truck were popular Christmas gifts for 1946.

This is a small handful of what I have run across for the 1946 year.  What interesting tidbits have you run across?

ITEM SPOTLIGHT:  Fenton Grape Leaf pattern pink milk glass from the 1950’s

On By wisdomlaneantiquesIn Fenton, Glassware, History, Item highlight, Tips for the beginner, Vintage, Vintage, Vintage!Leave a comment

During the 1950’s, the Fenton Glassware company produced many patterns and pieces.  One of the patterns that was produced is called the GRAPE LEAF pattern.  It comes in many colors like white and pink milk glass to name just a few.

The pattern was made for a couple of years, and one of the pieces that was made in this pattern was this footed decorative plate.  You can tell that it was made by Fenton is the fact that some of the pieces were marked on the bottom of the plate.  If it is not marked on the bottom, one of the giveaways that it’s a Fenton piece outside the pattern itself is by the styling of the handle and the edge that is on the plate.

Even though desert, salad or even Buffalo wings are only a small portion of what you can serve on this plate; it was described by Fenton as a decorative plate (so most likely you will see this item displayed on the top of a piano with either candy or potpourri).

What kind of interesting pieces of Fenton Art Glass have you seen?