When buying already made commemorative plates, there are some factors you'll need to consider to ensure you get the best out of your money.
Cost Factor
Commemorative plates' prices are dependent on many things and usually are not fixed. Different plates would have different values based on what they are made of.
Material and Design: This is one of the major factors affecting plates price. High quality material will lead to high plates price. Of the various materials used in making commemorative plates, fine bone china and porcelain are the most expensive but they offer the highest quality. Other materials are also good although not as pricey as porcelain or bone china, they can suit your needs quite well. Another reason why some commemorative plates are expensive is the complex designs on the plate. A well made design that blends well with the plate without looking like a jumble of colours will add quite the sum to a plates price. Limited edition plates, that is plates that only a hundred or so pieces are made usually have a much higher price than plates in constant circulation on the market. Handcrafted elements like engravings, motifs or floral patterns also raise the price of a plate.
Quantity Considerations: You should also consider how many pieces of the plate you want to buy. Commemorative plates are quite pricey so if you can get a discount from a tableware manufacturer, that would be good. Placing an order for more than 50 pieces of commemorative plate will fetch you an 8% discount. This discount is increased to 15% if you up your game and purchase more than 100 pieces. If you're looking to get plates far above 50 or 100 pieces, you can discuss with the manufacturer or company how much of a discount you'll get.
Value Considerations
When getting a commemorative plate, you need to consider the value of the plate. The value of the plate will affect how much the plate will go for and many factors affect the value of a commemorative plate.
Investment Potential: Commemorative plates usually retain about 25% of their original price and while this value is pretty low, it can be raised in many ways. One of these ways is at the point of buying the plate. Limited edition commemorative plates usually retain more value than the normal ones in circulation, so buying limited editions automatically increases the future plate value. Established plate producing brands like Wedgwood, Royal Doulton and Franklin Mint also have a higher value for their plates. Keeping your plate in perfect condition and ensuring there's no damage or change to it from when it was first bought, even having the original packaging will increase the value of the plate nicely. Also, historical events surrounding the plate or plates used for special events usually have higher value.
Durability and Quality: Another factor that raises the price of a commemorative plate is durability. If you can ensure that your plate is very durable then its value will rise. You can verify through the material durability certification. Quality control processes during the manufacturing will also ensure that your plates are very durable. Professional inspection standards and good maintenance will also raise the plate value.
Collectible Value: Long term collectible worth is influenced by many factors. Rare and limited edition plates usually have a higher collectible value. This happens when the limited edition of the plate has been sold out and no other types like it are in circulation, the plate's collectible value will increase. If the plate's manufacturer is a renowned person, automatically your plate's value will also increase. Another factor that raises the collectible value of commemorative plates is having a bit of history attached to the plate and a unique design. A unique design will work to attract attention to a plate, making people want to acquire it at the same time raising its value.
Authentication and Documentation: To ensure the value of your plate is retained, you must keep the original packaging along with the production documents. You'll need to also have the certificate that confirms the quality and durability of the plates. With these documents and your plate in good condition, the value will be raised adequately.
Commemorative plates value do not completely rest on monetary aspects after all these plates are linked and used to remember important events in our lives. Their value will automatically increase as we drift further away from the time when we had the events that prompted the purchasing of the plate.
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