Budapest is among Europe’s richest cities in cheap antiquities

Many tourists regard travelling to any European capital or city as a perfect opportunity for some treasure or antiquity hunt. Budapest is among Europe’s top ten cities if you want to make good deals in the antiquity market, a new study of confused.com shows.

Budapest is among Europe’s richest cities considering antiquities. The Hungarian capital received 7.02 points out of 10 on the latest relevant survey of confused.com. The rating was compiled considering multiple factors. In one of them, the offer diversity of antiquity shops, Budapest got 4.40 points out of 5.

According to the website, that result is 42 percent better than that of the Slovenian Maribor. Furthermore, there are twice as many antiquity shops in Budapest per 100 thousand people than in Bucharest, Romania’s capital, privatbankar.hu wrote.

The Danish capital, Copenhagen, leads the list of the top antiquity places in Europe with 8.66/10. The second best option is the Latvian capital, Riga, having gotten 8.56/10. That is partly because the Baltic state takes sustainable purchasing more and more seriously, which means reusing old stuff.

The Latvian capital got 31 percent higher results in that factor than Tallinn, the capital of Estonia (3.65/5).

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Amsterdam (the Netherlands), Bergen (Norway), Diekirch (Luxemburg), Vilnius (Lithuania), Dublin and Cork in Ireland, and Valletta in Malta also received good evaluations.

Privátbankár says those countries are rich in antiquities for an affordable price where war did not sweep through, causing devastating effects. Or the owner lived in places where they could hide the more valuable items from the invading armies.

Moreover, it mattered much how high the standard of living was in the different countries. In poorer regions, owners were forced to sell their valuables. Furthermore, the clientele also counted.

The list was compiled by an insurance company, which makes it obvious that insuring valuable antiquities is a good business. Jessica Willock, an expert on confused.com, made it clear that we can find purchasable items in several European regions. However, their insurance value may be higher than their price.

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Source: Privátbankár