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Are mink coats still valuable?

By Rachel Newton

Are mink coats still valuable?

The value of a mink coat depends on a variety of factors including the condition, size, brand, and quality. A small mink coat could sell for under $100 while a top designer coat could sell for over $10,000.

Can you buy fur in NYC?

The bill would not ban wearing fur. Los Angeles is the largest city in the country to have banned the sale of fur; other cities include San Francisco and West Hollywood. Reich Furs is on West 30th Street, in what is known by those who frequent the area as the Fur District.

Who buys most mink coats?

Even with its struggling economy Greece has consistently been one of the world’s largest buyers of raw mink.

What can I do with an old mink coat?

Consumers can donate old furs to thrift shops or consign them to second-hand stores such as online reseller The RealReal. Reselling puts furs in the hands of new owners while also preventing them from potentially ending up in landfills.

Are furs banned in NYC?

The City Council passed a wide-ranging animal welfare package Wednesday with one notable exception — a ban on the sale of fur garments introduced by Speaker Corey Johnson this spring.

Is fur banned in New York?

The NY bill follows in the footsteps of California legislation introduced earlier this month, which would make it the first state to ban the sale of fur. Several cities throughout the state have already passed similar legislation.

Are mink coats in demand?

Since the 20th century, the demand for American mink fur has increased sharply. American mink belongs to Neovison vison, a fur-bearing family of carnivorous mammals in the mustelids family. In the past, it was only found in North America.

Where is the best place to sell a fur coat?

You can use sites such as Craigslist, eBay, Cashforfurcoats.com, and Buymyfur.com. In order to sell your fur quickly, you might consider asking 10-20% less than what the coat was appraised for.

How long will a mink coat last?

Although the longevity of fur varies from one type to another, a good quality mink coat, with proper care (storage and cleaning every year) can last up to 20 years or more.