Reporting Sean Adams
FAIRFIELD, CT (WCBS 880) - If you’re in the antiques business, this economy might still have you feeling a little cuckoo.
LISTEN: WCBS 880′s Sean Adams reports
“I’m like a bulldog. I keep hanging on,” says Gary Piccirillo.
Sometimes, the numbers from Wall Street don’t tell the whole story. At Our Place Antiques in Fairfield, Connecticut, Piccirillo has noticed a trend – more people selling their furniture and family heirlooms.
“It’s either, ‘I’m losing my house,’ ‘My husband just got laid off,’ ‘We’re gonna move in with my parents,’ or ‘We’re gonna move out of the area.’ Then I got people who just, you know haven’t eaten today and it’s kind of, kind of sad, a little pitiful because they’re not used to it. They’re not used to selling family heirlooms off,” Piccirillo told WCBS 880 reporter Sean Adams.
LINK: Our Place Antiques
It’s the same story in Verona, New Jersey and Remember When Antiques.
Ralph Cocchi says, “Now, they’re starting to trend to sell some of their better stuff – their Lladro’s, their Lalique, their Limoges pieces. Now, they’re looking for a little money. Their sterling silver sets and stuff are coming up for grabs now.”
Sean Adams asked Cocchi, “What does that tell you?”
Cocchi answered, “That tells me that they need money. That’s what it tells me. Everybody’s hurting for money. They’re laid off and they’re not working right now and, you know, just trying to find jobs and make ends meet.”
The evidence is anecdotal, but it speaks to the lingering effects of the recession and the pain still being felt.