Q:

How are vintage safes valued?

A:

Quick Answer

Sellers determine the value of vintage safes by identifying their manufacturer and model and assessing the functional and cosmetic condition of the vaults. Experts also examine antique vaults for any possible modifications to their original condition, which typically decreases their value.

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Full Answer

Buyers affect the value of antique safes through the prices they are willing to pay for them. In addition to the physical and historical characteristics of vaults, current sale prices for vaults on popular antique platforms impact their value. Sellers typically expect to receive 60 to 80 percent of the average retail price for similar or identical antique vaults. If an antique vault is unique enough that similar models do not appear in trade, the vault typically has a higher value.

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