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    Steelcraft Pedal Airplane, "Spirit of America", ca. 1927

    Appraised Value:

    $7,000 - $8,000

    Appraised on: July 28, 2007

    Appraised in: Louisville, Kentucky

    Appraised by: Noel Barrett

    Category: Toys & Games

    Episode Info: Louisville, Hour 1 (#1213)

    Originally Aired: April 21, 2008

    slideshow IMAGE: 1 of 2 Next 

    More Like This:

    Form: Peddle Car
    Material: Metal
    Period / Style: 20th Century
    Value Range: $7,000 - $8,000

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    Appraisal Video: (1:48)


    Appraised By:

    Noel Barrett
    Toys & Games
    Noel Barrett Antiques & Auctions Ltd.

    Appraisal Transcript:
    GUEST: My mother and daddy must have given it to me for Christmas when I was a little girl.

    APPRAISER: So you're the original owner.

    GUEST: I'm the original owner.

    APPRAISER: And that's you there, right?

    GUEST: That's me.

    APPRAISER: From the looks of that picture, it looks like you had some time behind the steering wheel of this.

    GUEST: Played with it a lot.

    APPRAISER: It was given to you... Do you remember what year?

    GUEST: No, not really.

    APPRAISER: Well, you've certainly taken good care of it. Now, who's the other girl in the picture?

    GUEST: That's my sister.

    APPRAISER: And so, you got the plane, and she got the car.

    GUEST: Right.

    APPRAISER: Well, you're the lucky one.

    GUEST: Uh-huh, I thought so.

    APPRAISER: This is a wonderful airplane. It was made by Steelcraft.

    GUEST: Uh-huh.

    APPRAISER: You can see the decal in the seat.

    GUEST: Uh-huh.

    APPRAISER: And it looks like it had some use, but it's an amazing survivor. Well, let me tell you. I think this is a marvelous plane. I want to show a little detail here. The realism of it is wonderful. This is a radial seven-cylinder engine, just like the ones of that era.

    GUEST: Uh-huh.

    APPRAISER: I think it's kind of neat, too, that they... they call it the "Spirit of America."

    GUEST: Mm-hmm.

    APPRAISER: Which, of course, related to Lindbergh flying across the ocean in 1927.
    After he flew his plane, they called anything "the Spirit."

    GUEST: Right.

    APPRAISER: That's just a sales gimmick to sort of cash in on the Lindbergh phenomenon. Now, you did some research on this, didn't you?

    GUEST: Just saw it in an antique book, is all, and then I...

    APPRAISER: Uh-huh. What did they say it was worth?

    GUEST: Uh, about $2,700 in 1991.

    APPRAISER: $2,700 in '91. Probably... about right. So, I think, at auction in today's market, this would easily bring $7,000 to $8,000.

    GUEST: Good.

    APPRAISER: Your sister's car, which she still has-- probably only worth about $4,000.

    GUEST: Really?

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