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Kovels' List of Top Antiques Searches Reflect Current Events

Kovels has released the Top 20 list of antiques and collectibles for March based on results of hundreds of thousands of searches on its website. The top three searches - Pottery, Glass and Furniture - rarely change and are always the major areas of interest because they are useful antiques or collectibles found in every home. But the other items reflect a special interest often influenced by current news or auctions.

For example, the recent ruling against selling war medals has created a problem for dealers and a change in prices of World War II souvenirs so it moved to number 10. The auctions of several large toy collections created extra publicity and interest in toy prices, and Toys made it into the 7th position. The entire top 20 list follows:

Pottery and porcelain Glass Furniture Jewelry Bottles Metals Toys Prints, pictures, paintings, paper Royal Doulton World War II Stoves Coca-Cola Advertising Alabaster Silver plate Lighters Folk art Occupied Japan Weapons Music

Kovels.com offers the Web's largest free price guide for antiques and collectibles.


Louisville eclipses million-dollar milestone in surplus sales

LOUISVILLE, Ky. -- Mayor Jerry Abramson today announced that the city has "unloaded" more than a million dollars worth of surplus government vehicles, equipment and other items through online auctions.

Metro Government sells obsolete and other surplus items through its website, LouisvilleKy.gov, and GovDeals.com, an online service similar to eBay. The $3,760 sale of a Case International 585 tractor to a bidder in Cookeville, Tenn., recently brought the total funds generated through the online auctions to more than $1 million.

"The online auctions are a creative way this government is operating efficiently and effectively for our citizens," Abramson said. "We're unloading items that have outlived their useful life for government, and in doing so creating a revenue stream and reducing warehouse space."

Abramson said the online auctions often generate more money than traditional auction-house auctions because items are up for bids around the clock and the online auctions allow more people - virtually from anywhere - to participate.


Sold at auction: Anything and everything

We have 75 or so different categories of equipment we track sale prices on. It's all alphabetized in our Web site: ATVS, AUGERS, BEAN BARS, BEET EQUIPMENT, BLADES, CARS, CATTLE EQUIPMENT, CHISEL PLOW. . . TRACTORS, TRAILERS, TRUCKS, UNDERCUTTERS, V RIPPERS.

But one category in the middle of our list is especially dear to my heart - "MISCELLANEOUS."

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Buying a Home in Foreclosure: What You Need to Know

After years of steadily rising, home prices are starting to come down nationwide, while the foreclosure rate is rising dramatically. Meanwhile, over a million foreclosures are expected to be recorded this year.

That means a would-be homeowner could potentially save even more money by buying a home that's been taken over by a bank or lender seeking to recover money still owed on the property.

According to realtytrac.com , a real estate website that tracks trends including foreclosures, as recently as last year the national average when buying a foreclosure home was about 25 percent below the full market value of a home.

But that average may not be quite as eye-popping this year since many of the new foreclosures stem from problems in the subprime mortgage market.



 

 

 

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