Purple Loetz Vase
Appraised Value: $2,000 - $2,500
IMAGE: 1 of 1
Appraisal Video: (2:11)
GUEST: It's a piece that we got in the '60s. We had a friend who was selling, you know, different items, and he told us that it would be a great investment for us to buy this piece. And at the time, you know, we had four children. You know, they were very young, and we knew they'd have to be going to college someday, so we thought, well, why not buy this piece, and maybe someday it'll be valuable.
APPRAISER: Was it the decoration that you liked, or... was it just because...
GUEST: Oh, it's the color. It's the color. My husband's an artist, and we love color. And when the light hits it, it's more magnificent.
APPRAISER: That was the first thing that struck me about it was the colors. I thought it was a great choice of purple and a little bit of iridescent blue on top, which is something that we don't see very often. What do you know about it? What did they tell you?
GUEST: Just that I know it's a signed piece. I believe it's a Loetz? I'm not sure if I'm pronouncing it correctly. But, um, so, we thought that made it important. It's always been on our mantle-- you know, in the different places that we've lived-- so that we can see it and the light can come through it in the morning. And, uh, it's just... we've always enjoyed it. It's always been out in full view.
APPRAISER: So in 1960, if you don't mind me asking, what did you have to pay for this?
GUEST: $150. That was a lot of money for us at the time.
APPRAISER: Well, let me tell you a little bit about it. This piece is an Austrian piece. It's made by a company called Loetz.
APPRAISER: And a lot of people, when they would look at this in the beginning, they wouldn't say, "Wow, that looks like Loetz." It's... the colors are not typical for it. You normally see things in gold or green-- iridescent, as always. We don't normally see things with the cameo cutting, which is two layers of glass, one that is cut back at the top to display the color on the bottom. It has this wonderful, stylized floral decoration. You mentioned that it was signed.
APPRAISER: I took a look at the bottom, and I noticed that you were right. There was a signature on the bottom that says "Loetz." Interestingly enough, most Loetz pieces are not signed, and the signature has actually been added. This is not an original signature. They would say "Loetz, Austria" on the bottom, and the Loetz signature doesn't look anything like that. But that's okay, because that is what the piece is. If I had this in my gallery, I would probably sell it for $2,000, maybe $2,500.
GUEST: Oh, terrific, thank you.
APPRAISER: You're welcome.
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