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Why Your Glass Collection Could Be Worth a Fortune
A large number of people suffer from the magpie syndrome, whereby they collect hundreds of pieces of glassware, which all end up in the back of some cupboard or attic. However, whenever somebody comes round to visit, they pull out the same old set of wine glasses or whisky glasses that they always use. Often people think this hording behaviour is a waste of money and space, but opinion may be changing following a few high profile cases of pricey discoveries.
Last year a women in Alabama found some incredibly expensive wine glasses in her basement, and since then there have been hundreds of reported cases of glassware goldmine finds. A relative from overseas had come to visit the women and was helping her clear out her basement when he recognized the glassware brand. They turned out to be very rare vintage Riedel wine glasses, which she sold at auction for $30,000. There have been many more cases of people finding expensive glassware in hidden corners of their home, and even some cases of people asking antiques experts to come round and see if they have any good items they can sell.
LSA, a company who make glass vases, have released finding of a study they commissioned which suggested that people in America have an average of $1000 worth of glassware in their homes, and most people think their collections are worthless. To identity expensive items yourself, LSA recommends looking out for key brands such as Reidel, Spiegelau and Cambridge. They note that good glassware should boast very good finishing, have detailed design work and have a solid feel. Lastly, expensive crystal glass will have a hallmark and often a date on the base. They advise taking any items you think might be worth something to an antiques shop, which are usually very happy to give a valuation on the glass. Bear in mind however that if they are interested in the piece they will likely suggest a slightly lower price than it is worth.
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