Why people collect antiques

Collecting antiques is becoming a widespread pastime for more and more individuals. Perhaps this is due to the fact that Baby Boomers are reaching their prime antique collecting years. However, this mania has a history that goes far beyond the demographic trends of today's society.

The act of collecting antiques dates back to ancient times. Unlike today, however, this pleasure was limited to the wealthiest and most respected elite in society. Ancient artefacts were often acquired by conquering war heroes from the somewhat weaker societies. Auctions for this booty, which often included deceptive fakes, date as far back as Imperial Rome. Although many people would attend the auctions, only noblemen and high-ranking officials could afford to buy the high-priced items. It was the scarcity of items created by the uniqueness of production and the geographical restrictions on commerce that made antiques so valuable.

Ancient collectors thought that their collections would assist them in their passage to the afterworld, a belief that often single-handedly drove the demand for collecting. Perhaps they were right. Even today, people measure the status of ancient society members by the quality and number of items in their tombs. Art, in particular, was an important status symbol.

Over time, as a greater percentage of people began to share in the wealth of the world, the upper echelons of the middle classes began to collect artefacts to display evidence of their upward mobility. However, it was not until the Industrial Revolution that the average person could participate in the hobby. Despite of this newfound democracy in antique collecting it was still only the upper classes who could afford the finer pieces.

In today's antique collecting community, status is determined by the breadth, width, and quality of a person's collection. The elite still distinguish themselves from the masses with the rarity and quality of their collections. However, they no longer are alone in their love of antiques.

The above was written using information from Discovering Antiques: A Guide to the World of Antiques and Collectibles by Eric Knowles and Basic Book of Antiques & Collectibles by George Michael.

Definition of an "Antique"
How to Learn About Antiques
A Brief History of Antiques
Why People Collect Antiques
Factors Influencing Value
Tips for Finding and Buying
Tips for Listing and Selling
Displaying Your Collection
Caring for Your Collection
Insuring Your Collection
Books
Glossary