David Johnson Painting, ca. 1885

Value (2007) | $40,000 Auction$80,000 Retail

GUEST:
It was in my parents' home at the time they bought it, oh, about 1943, uh, in Wayne, Pennsylvania.

APPRAISER:
They didn't know where it came from before then?

GUEST:
No, no.

APPRAISER:
I see. Well, as you see, it does say "David Johnson" on the tag. And we discovered something which I understand you hadn't seen before. There's a monogram here at the lower right, "DJ"...

GUEST:
Yes.

APPRAISER:
...which is David Johnson's monogram.

GUEST:
Mm.

APPRAISER:
So we are sure that it is by him. It's exactly his style. There are other, some wonderful, unusual features about it. There are these figures here...

GUEST:
Mm-hmm.

APPRAISER:
...which are unusual in his work. David Johnson is an important figure in the second generation of the Hudson River School. It's probably the original frame. It's a frame of that period. In wonderful condition. The painting's in wonderful condition. Absolutely sterling example of his work. It would sell at auction for about $40,000, and retail for about twice that, around $80,000.

GUEST:
Oh, my goodness. My goodness.

APPRAISER:
And I'm thrilled to see it.

GUEST:
Thank you.

Appraisal Details

Appraiser
Doyle New York
New York, NY
Appraised value (2007)
$40,000 Auction$80,000 Retail
Event
Orlando, FL (June 30, 2007)
Period
19th Century

Executive producer Marsha Bemko shares her tips for getting the most out of ANTIQUES ROADSHOW.

Value can change: The value of an item is dependent upon many things, including the condition of the object itself, trends in the market for that kind of object, and the location where the item will be sold. These are just some of the reasons why the answer to the question "What's it worth?" is so often "It depends."

Note the date: Take note of the date the appraisal was recorded. This information appears in the upper left corner of the page, with the label "Appraised On." Values change over time according to market forces, so the current value of the item could be higher, lower, or the same as when our expert first appraised it.

Context is key: Listen carefully. Most of our experts will give appraisal values in context. For example, you'll often hear them say what an item is worth "at auction," or "retail," or "for insurance purposes" (replacement value). Retail prices are different from wholesale prices. Often an auctioneer will talk about what she knows best: the auction market. A shop owner will usually talk about what he knows best: the retail price he'd place on the object in his shop. And though there are no hard and fast rules, an object's auction price can often be half its retail value; yet for other objects, an auction price could be higher than retail. As a rule, however, retail and insurance/replacement values are about the same.

Verbal approximations: The values given by the experts on ANTIQUES ROADSHOW are considered "verbal approximations of value." Technically, an "appraisal" is a legal document, generally for insurance purposes, written by a qualified expert and paid for by the owner of the item. An appraisal usually involves an extensive amount of research to establish authenticity, provenance, composition, method of construction, and other important attributes of a particular object.

Opinion of value: As with all appraisals, the verbal approximations of value given at ROADSHOW events are our experts' opinions formed from their knowledge of antiques and collectibles, market trends, and other factors. Although our valuations are based on research and experience, opinions can, and sometimes do, vary among experts.

Appraiser affiliations: Finally, the affiliation of the appraiser may have changed since the appraisal was recorded. To see current contact information for an appraiser in the ROADSHOW Archive, click on the link below the appraiser's picture. Our Appraiser Index also contains a complete list of active ROADSHOW appraisers and their contact details and biographies.