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Antiques notebook: Time for security

PUBLISHED: 01:16 25 July 2012 | UPDATED: 21:39 20 February 2013

Philip Stone of Durrants Auction Rooms, explains why antiques often make a shrewd investment

Philip Stone of Durrants Auction Rooms, explains why antiques often make a shrewd investment






When your money in the bank is no longer secure and you can only get 3% interest on it before tax what are the options? Blow caution to the wind and spend it on the holiday you always wanted? Invest it in shares? Or consider the possibility of both pleasure and capital appreciation in the form of an antique?


I recommend the antique and choosing something that is both practical and pleasing to the eye. If chosen carefully, such an item can make an impressive statement in both a traditional or contemporary interior and given the passage of time will hold or exceed its purchase price when sold.


If you have between 1,000 and 4,000 to spend I would suggest a bracket clock. The one thing that governs and regulates your daily life and determines how much you charge or are paid for your services be it on an hourly or daily rate is time. Time is indeed money and if chosen carefully there is money in time.






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