Friday, July 18, 2008

Unfortunately, 2 more closings

The Arcola Antique Mall, located in Amish-country Arcola, IL, has closed and will be selling merchandise and fixtures at auction on July 24.

The Peckham Gallery, located at 118 E University in Champaign, IL, has announced they are closing after 16 years in business. The Peckhams plan to concentrate on their estate sale and personal property appraisal businesses. The gallery, which was only open on select weekends each month, featured high quality furniture, glass, paintings, Oriental rugs and much, much more. Prices have been discounted up to 50%. We're really sorry to see them close.

Wednesday, July 16, 2008

Two more bite the dust

Mom and Pop antique stores are some of the places we liked to hunt for undiscovered bargains or unusual items. Unfortunately, like other small businesses, they are rapidly closing their doors.
Over the past five years it seems the antique market has slowed down significantly. There seems to be several causes: ease & low overhead of selling on eBay or other Internet sites, families retaining heirlooms (thanks to shows like Antiques Roadshow) resulting in lack of quality store inventories, and a general disinterest by most younger consumers.

Two area stores have/will be closing by the end of this month. Will E Makit, a well-established business on Rte. 9 in Gibson City, will close at the end of this month. Not only did they sell/consign antiques, they offered china repair, doll repair, and custom lamp shade services. The owner is retiring. Ruby's Glass in downtown Paxton has sold their building and is concentrating on internet sales. Although we felt their inventory was quite over-priced for the area, they had one of the largest antique/collectible glass selections in East Central Illinois.