Condition

Condition plays a significant role in any industry dealing with collectibles and antiques. Some universal terms are used to describe the physical states of objects but convey vastly different meanings. For example, Mint Condition (originally only used to classify coins) commonly indicates “perfect condition: a state of being like new.” But a stamp in “perfect condition” doesn’t have the same qualifications as a 45-pound plate in “perfect condition.”

It’s also worth noting that only the two ends of the spectrum play a significant role in vintage iron value. Mint condition pieces typically demand a premium, while those considered Poor lose much appeal and value. 

Below are four basic terms used to describe conditions applied to Vintage Iron. 

MINT

Shows only slight signs of being used. 

Original paint and finish and no rust. 

EXCELLENT

Shows typical, although minor, signs of wear. 

Original paint or professionally refinished/oiled, minor surface rust, no pitting, cracks, or breaks

GOOD

Considered very useable but has some surface flaws. 

Chips, minor pitting, rust, poor repainting

POOR

Shows significant signs of wear and weather. 

Cracks, breaks, significant pitting, apparent welding, or J-B Weld-like agents used for repairs.