Do Old Fur Coats Have Any Value In 2021?
The real fur coats have been a subject of discussion due to animal cruelty concerns. However, there is no hidden fact that fur coats are quite expensive since the old times, and in the 20th century, they became a symbol of wealth and success. The natural fur coats have a rich and elegant touch that makes people look classy and graceful. People often consider old fur coats as an outdated piece of clothing that has little or no value. However, there is a whole different story behind it.
You probably have inherited a real fur coat from your maternal or paternal family. However, instead of wearing it, you probably had hung it in the wardrobe throughout the year. You probably had thought about selling it so often, but you did not.
While many of us hold the perception that vintage furs are more valuable than modern furs, it is the opposite of it. Modern furs are costly due to their lightweight, soft material, and beautiful dyed color that raise their demand. However, it doesn’t mean that vintage furs have little to no value. They still have value, but not as much as they used to. One of the reasons for this is because the furs get damaged if not taken properly cared of after a certain time. Furs like chinchilla, rabbit, and beaver lose their quality and start to decay. On the other hand, if they receive proper care, they can last for decades.
Vintage furs can be a little off style too. They have a long tail and thick fur with boring colors, unlike the modern fur coats that do not possess any of these qualities. The modern fur coats designers prioritize people’s comfort and use soft velvety colors to make it both comfy and classy.
Image alt text: A woman wears a Zuki sheared beaver stroller
History of Fur Coats
From the mid-Victorian period, during the 1850s through the last part of the 1960s, fur clothing, particularly coats, was exceptionally popular in Western culture. During the 1960s, the value of fur coats declined because of the radical change in styles and morals. But due to their long relationship with class and extravagance, people still consider high value with furs.
According to historical evidence, the fur garments from 1920 to 1970s were designed to include three to four layers: the outside fur, an inside molding layer made of felt, buckram, and a smooth coating that was worn close to the skin. These numerous layers and distinct types of fabric made it difficult to dye fur. Due to these requirements, there was always an extensive need for efficient labor in the fur industry. As a result, the fur coats’ price was much higher in comparison to other coats that did not require such detailed concentration.
Image alt text: A woman dons a stylish Swakara stroller with sable collar
Value of Fur Coats
Like cars, the monetary value of fur coats depreciates extensively. They can decline from 18 to 25 percent each year. Thus, if you are thinking of buying fur coats as an investment, it would be one of the lamest decisions, if not the most. Investment in the clothing itself is not preferable if you want to invest in something in order to increase its value; go for jewelry. Still, nevertheless, fur coats are much more than just the monetary outcomes. Western families have sentiments attached to fur coats and pieces of stuff like fur coats.
At first, you should understand, Just because a fur is “valuable” doesn’t mean it will sell quickly. Numerous people have individual purposes behind not buying fur coats. Some people purchase vintage fur or leather clothes as a sustainable choice to utilize the resources that have already been consumed. These people choose not to wear these brand new fur clothes and attempt to halt the consumption of fur and leather for clothing opt for these options. Whereas some find it heavy on the pocket, so they usually don’t buy fur coats.
But for vintage lovers! The old fur coats have a significant value through which they utilize the fur coats to the maximum and alter them according to their desire. You can visit our website to learn more about repairing your old fur coats.
In this way, old fur coats have retained their value in the market not as much as the modern or new fur coats but yes, a little.
Factors That Determine The Value Of Fur Coats
The depreciated price identifies the current market estimation of the old fur coats. In order to sell the fur coat, it should be estimated at its current market value. Different elements that decide market value incorporate whether the coat is made with a full pelt, tails, or paws. One must check the quality of the furs of the coat for cuffs, sleeves, clasps, and matting. The condition of the pelt should also be taken into consideration that whether the pelt has deteriorated or not. Nowadays, white or cream coats are the most valuable fur coats because people often look for them for formal functions.
Here are some of the estimated prices from the last five years to know the monetary value of old fur coats. It is better to check the quality of the coats before buying them, and in case of buying them online, we would recommend you to consider the option of a safe return policy. If you plan to buy an old fur coat, head over to our website
The white or cream-colored mink or fox coats cost around $400 to $600, depending on quality. The prices can exceed up to $900 if the material is delicate and comfortable. Whereas the value of a high-quality brown mink fur coat is approximately $200 to $500, and if you are planning to estimate the value of a fox fur coat, you can easily buy or sell it somewhere between $200 to $400. If you are low on budget, you can easily get your hand on the old white rabbit fur coats. They are inexpensive, and you can easily purchase them within the budget of $400 with a hat and cuffs.
These are the most commonly purchased types of old fur coats. However, the other types of fur coats, such as chinchilla or skunk, vary based on their fabric and quality.
Decision to Sell Fur Coat
Before selling your fur coat, ask yourself why do you want to sell it? You may need a replacement to survive in harsh winters. Moreover, buying another product will cost you twice or thrice more money than the amount you will receive against the old coat. So be very vigilant when you intend to sell your old fur coat.
Secondly, vintage things are getting more uncommon, which also makes them a precious possession. We would prescribe clinging to it. It takes two or even three decades for a thing to turn into a treasure. And a fur coat descended from your great grandmother to you will definitely have a lot more sentimental value than just any other coat.
To conclude, fur coats are still valuable even in 2021 because people have not stopped purchasing them. People have shifted from old fur coats to novel fur coats because of the style and quality. The quality of fur coats is outdated due to which old fur coats hold more of a sentimental value than the monetary value.
The old fur coats cost much lower than those of the new fur coats. So, if you plan to buy fur coats, you must get ready for some hefty investment. Meanwhile, you can also remodel or repair your old fur coats according to your desire. You can check out our collection of fur coats here if you want to buy a new natural fur coat.