A fixture made ninety years ago often outlasts one bought new today, and that difference in vintage lighting quality isn't nostalgia. It's a difference in how the two were made, and it's worth understanding before you buy either.
Built to be repaired
Old fixtures were built from materials that endure: solid brass, cast bronze, steel, porcelain, real glass. They were made to be repaired rather than replaced, so the parts come apart, the sockets swap out, the wiring renews. A fixture from that era was a durable good, expected to last a lifetime and then some. The result is an object that, apart from its wiring, is often as sound now as the day it was made.
Much new lighting is built to a different logic. Pot metal instead of brass, plastic instead of porcelain, sealed assemblies that can't be serviced, finishes that are coatings rather than solid material. The fixture is made to hit a price and last a warranty, not a lifetime. When something fails, there's often nothing to repair; the fixture is disposable by design. This is the practical case for buying restored over new at the same price point: solid materials, serviceable construction, and a design already proven to last, with new wiring bringing the one aged part up to current safety.
Salvager's Note: At the same price, a restored vintage fixture usually beats a new builder-grade one: solid brass or bronze over pot metal, serviceable over sealed, and a design that's already lasted decades. The only aged part, the wiring, is exactly what restoration replaces.