Can you spot a bargain at 20 paces?
Turning your natural talents into a business: an eye for a bargain
You have bargain-hunting in your blood. You're an eBay expert. You dream of finding a Rembrandt at a car-boot sale and may already have a very promising special collection (anything from corn dollies to stamps and jelly moulds
)
How to develop your natural talent
Raid friends and neighbours attics and garages for treasures
Help a friend who already runs a car-boot or market stall
Discover useful local sources of goods: car-boot sales, flea markets, junk shops, charity shops, secondhand bookshops
What are your main interests?
Are there themes and patterns to your collecting? What kinds of places, transactions and acquisitions most excite you? Can you combine your bargain-spotting skills with other talents and interests? For instance:
Artistic: collect watercolours, portraiture or sculpture
Fashion: acquire vintage items for an authentic period look
DIY: cannibalise and improvise to restore or mend damaged objects
Organisation/research: methodically acquire a complete set (eg Leica cameras, Barbara Cartland novels, TG Green Cornishware, Parlophone 45rpm singles
)
Learn more
Start haggling over prices to test your negotiating skills
Choose a couple of your favourite items and make a point of trying to discover more about their provenance value, history, make, scarcity, etc
Read up everything you can find about your favourite area (musical boxes, ceramic tiles, cigarette cases, Fifties shoes
)
Volunteer to help sort and price stock in a charity shop
Your hobby has become a passion when...
The house is overrun and the car no longer fits in your garage
You know enough about Toby jugs to appear on Mastermind
You seem permanently to smell of mothballs
Time to take stock
Are you a collector or a trader? Do you enjoy restoring items to a high standard? Is it high-value or high-turnover bargain-hunting that you prefer? Can you really continue acquiring Edwardian tractors and still preserve your marriage? This is the moment to refine your approach, get serious and become a specialist.
Learn more, get practising
You dont need qualifications but to be credible you need background knowledge of everything you want to trade and if you are specialising, you need, over time, to become an expert. Also, dont neglect the importance of sales, marketing, negotiating and valuation skills.
Immerse yourself in your collection: take a history course, scour the library and the internet
Join a collectors society
Use eBay or specialist trading outlets to buy and sell regularly
Visit trade fairs, museum exhibitions, art shows, auctions
Take a market stall or car-boot pitch to offload excess stuff
Network with other dealers and collectors in your field
Sign up for skills courses e.g. upholstery, furniture restoration, book-binding and repair, gem and precious-metal grading
Towards a bargain-hunter's business
With your sharp eye and some study you should be able to turn a small profit in part-time bargain trading. If your sights are set higher, youll need to consider how to grow your passion into a viable business. Among the many possible opportunities, consider:
Architectural salvage
Furniture restoring
Dealing in valuables
Bric-a-brac shop
Costume or period props hire
Gallery
Resources for bargain-hunters
The Antiques Directory www.theantiquesdirectory.co.uk UK listings of books, antiques fairs, auctions, etc
British Antique Dealers Association 020 7589 4128; www.bada.org
Car Boot and Fairs Calendar 01981 251633; www.carbootcalendar.com
Subscriber service, but also provides a bi-monthly updated UK-wide directory
Antique Web www.antiqueweb.com Information, articles, links
International Gem Society www.gemsociety.org US site with useful information
Conservation Register www.conservationregister.com Factsheets and advice on care and conservation of a range of materials/objects
DMG Antiques Fairs www.dmgantiquefairs.com Organisers of the five largest UK antiques fairs
LAPADA 020 7823 3511; www.lapada.co.uk The Association of Art and Antiques Dealers; has search facilities and lists of events
Victoria & Albert Museum www.vam.ac.uk Lists courses, lectures, demonstrations
Need further inspiration?
Here are some ideas to capitalise on your natural talents to think about - with ideas and advice for each...
Take our quiz to discover your natural talents...
...and then make the most of them
Can you make a meal from nothing?
Are you good with children?
Can you talk to the animals?
Do you make or create things?
Are you a people person?
Get more advice about starting your own business

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