berrypatch

I agree with all your definitions, however I tend to disagree with the fact that "any repairs that alter the item reduces it's value." I find that "generic type" antiques such as an oak dresser, chair etc. that are "mass produced" have a better resale value than those which may have an alligator finish, trim missing etc. I have found that the value of these type of "antiques" is actually based on fair market value. In otherwords, "what I am willing to sell it for & what you are willing to pay for it." Remember, I am not talking about a signed Stickley or Wallace Nutting and other signed furniture. However, this does not relate to primitive pieces.