This week we continue to explore online vintage and antique auctions and offer tips for selling in a recession.

Ask any auctioneer about antiques in a bad economy and you'll likely hear the words "recession-proof commodity." Walt Kolenda (known as Auctionwally) said that antiques always do well, even during downturns in the economy. He said, "Antiques and collectables are always a hot market. Even in a bad economy people look to invest in tangible assets, so antiques become more of an attractive investment." Kolenda also says that while you can expect antique and collectible prices to come down somewhat during tough financial times, overall you will see that auction activity for these items grow as more people look to invest.

Last week we took a look at Ruby Lane, a venue for sellers looking to showcase their vintage, antique, collectible and artisan wares (read the story here). In addition to Ruby Lane, there are other online venues where you can sell your antiques and collectibles or even find good leads for sales, according to Kolenda. One place Kolenda tracks is WorthPoint, a company specializing in high-end referrals that can be contracted to negotiate for the best auction outlet for a piece. Kolenda also says that the online collecting community iTaggit is also an excellent place for sellers to get involved. On iTaggit you can post photos, blogs, classifieds and other details about a collection or item you have for sale.

Read the full story: eBay News and Tips for Antique Sellers
By Vangie Beal, February 18, 2009