Ann Greely Interiors & Antiques – A Profile In Success

By Tricia Neal, on assignment for CentralKentuckyAntiques.com

Copyright 2010 – Kimberly Clay

When a lover of antiques finds a special piece, a place for it in the home just seems to appear, no matter how many other pieces are already there.

The same seems to apply to Ann Greely’s shop on Lexington’s Main Street. The old Victorian house which serves as the headquarters for Ann Greely Interiors and Antiques is filled with antiques from far-away locales – yet Ann has found that there’s always room for one more special piece.

“If it is something I love, I can always find a place for it in one of our settings,” she says. “And, hopefully, someone else will walk in and fall in love with it too.”

Customers who step into the 19th century structure might feel as if they’ve entered Ann’s home. Ann uses her talents in interior design to create a realistic environment in her store.

“With the combination of interior design and antiques, people can come in and get ideas for their own homes,” Ann says. “We don’t have antiques stacked up or placed randomly in a room, but it is like a home setting. You could actually live here.”

Ann Greely has been in the interior design business for nearly 40 years – yet, surprisingly, she never obtained a degree in the field.

“When I was a student at the University of Kentucky, the design department was in the School of Home Economics, and you had to study things like cooking, which did not interest me in the least,” she explains. “So I opted for journalism and French.”

In the early 1970s, Ann was teaching French at Midway College – but her heart wasn’t in it.

“I had always loved everything to do with houses, from the design phase to the furnishing,” she says.

When an offer came to open a design studio with a partner in Midway, she knew it was time to follow her heart. Within a year, Ann was able to quit her teaching job and become a full time designer.

The move into the antique business came naturally, Ann says.

“We were often asked to find pieces for our clients,” she says. “So we eventually began to stock a few antiques as space allowed.”

Ann and her business partner quickly outgrew their tiny, second-floor business, so they purchased a distillery’s grain storage warehouse – complete with a hand-operated elevator, metal shutters, a sliding barn door … and no plumbing – and converted it into a design studio and antique shop.

“Grain sifted down from the second floor for years whenever we moved heavy furniture,” Ann recalls.

The business continued to grow.

“We purchased the building next door, and cut an opening between the two buildings,” she says. “The new building, which housed most of the antiques, was called ‘The Bird Cage.’”

In 1980, Ann received an offer which would ultimately expand the realm of her business. She was hired to complete a design project in Ireland – and there, she was exposed to a new market of antiques, not only in Ireland, but also in England and France.

Ann was originally browsing the European shops for items for her clients in Ireland, but soon she began importing the antiques to her shop in Midway. The designer herself also began to fall in love with country French antiques.

“Country French has so much variety,” she says. “For me, the fun of buying antiques is the search for the unique. … I think that the uniqueness of the pieces that I have brought back from my travels, not only to Europe, but around the United States and to Bali, have distinguished us from some other dealers over the years. I always search for things that will give an individual look to the homes of my clients.”

Ann remained in business with her partner until the 1990s until her daughter, Shannon Totty, also a designer, left her career in Washington, D.C., to work with her.

“In 1996, we jumped at the opportunity to move the business to a historic Queen Anne Victorian house built about 1890 on Main Street in Lexington,” Ann says.

“With the addition of a new area in the back, we have ten rooms to display our ever-changing collection of French, English and American antiques in room settings. Our room settings are constantly changing, and that keeps people interested in coming in to see what we have found.”

While Ann’s antique business has been a great success, she hasn’t forgotten her interior design roots. Ann and Shannon have designed and decorated homes in several states in the U.S., as well as in Europe and the Bahamas. Ann says her goal as an interior designer is to create an environment which reflects the personality of her client.

Ann Greely Interiors and Antiques is located at 497 East Main Street in Lexington. Store hours are Monday through Friday, 10 a.m. to 5 p.m., and Saturdays by appointment. For more information, visit www.anngreelyinteriors.com.

(Tricia Neal is an award-winning journalist/photographer based in Somerset, Ky.)

Star Wars Collectibles: Toys or Investments?

Copyright 2010 – Kimberly Clay

There has been an increase in the number of people seeking Star Wars collectibles, and as a result those with rarity value are becoming hard to find. The reasons for this increase are twofold:

a) The production of the latest set of Star Wars movies has given rise to a new generation of fans who have taken an interest in collecting the figures and other collectibles, and

b) As more people become interested and involved in collecting Start Wars items, their price increases and so even more people become involved in their collection. As long as the items remain desirable, it is a cycle that will continue until prices maximize and figures become the domain only of those who can afford to invest.

But, there is still a great deal of fun to be had in seeking Star Wars collectibles, and it is liable to be this way for a good while to come. Those figures that were common yesterday might tomorrow become rare. Not only that, but who knows what rare figures might appear in your next garage sale or local flea market. However, as with any form of collectible, as popularity increases then so does awareness, and with it prices rise and availability becomes scarcer.

So what should you be looking for in a Star Wars figure? Obviously rarity, but also demand. Rarity and demand go hand in hand, and 100 items sought after by 1000 collectors will command a higher price than 10 sought after by 50. Other factors that affect price are the publication of new novels, anniversaries of movie releases and the launch of special editions.

The original figures were produced by Kenner who bought the rights to the toys for the first three movies from 1977 to 1984. A large number of figures, spacecraft, vehicles, weapons and others were produced during that period, and since. The original figures can fetch premium prices, particularly in mint condition in their original boxes. If that box is still sealed, then . . .

Production of Star Wars figures recommenced in 1995, and the collectors and manufacturers have virtually created their own collectibles market. Figures were no longer launched as toys but as collector’s items. Even today, people purchase Start Wars figures to lay down, unopened in their original wrappings and boxes, awaiting the day when they assume a rarity value that renders their owners a good profit.

Those with greatest value are, as always, limited editions and exclusives. Among these are a model of Figrun D’An, made for Star Wars Insider, and real collectibles can go as far as the 1977 Obi-Wan Kenobi cloak, worn by Alex Guinness in the original Star Wars that sold 30 years later at Bonhams’, UK, for the equivalent of $90,000. Not all Star Wars collectibles are toys!

The way to collect figures that might one day make you your fortune is to seek them out at garage sales, flea markets, antique stores and other places where you could conceivably find something of which others might not be aware of its value. However, old, used toys are not worth collecting since most buyers are interested in mint items in the original box. The only exception to this would be an extremely rare item that has value regardless of its condition.

There are few doubts that mint Star Wars collectibles from the original 1977 – 1984 movie series will make better investments than those from the second series of movies, time introducing rarity. However, as the worth of such items have become increasingly more obvious, there has been a tendency for the manufacturer, and even the movie studio, to introduce characters and special editions with a view specifically to make money from their scarcity.

As with any other item that people collect, whether they have been produced with that in mind or not, market prices are dictated by rarity. This being the case, of course, does not infer that those items that are in relative abundance will necessarily be considerably easier on the pocket. Star Wars collectibles tend to have increased in value, and even those who collect them for their original purpose are having to dig deeper into their pockets for items of relatively low investment potential.

Just as great works of art are now beyond the means of the majority of those who would purchase them for their beauty as opposed to their future monetary value, so Star Wars collectibles are becoming the domain of the collector rather than the child or anyone else who would desire them for their worth simply as toys and nothing else. That, after all, was the original intention of their existence, but market forces now work to destroy such innocence of purpose, and such items are now manufactured with investment in mind.

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