Charles Gifford Oil Painting, ca. 1880

Value (2012) | $3,000 Auction$5,000 Auction

GUEST:
My mother bought it at an auction in the early '50s in South Dartmouth, Mass. She bought a big house in New Bedford, and she went to auctions to try and fill it up. And she bought a lot of things, but this was her most prized find. And she always talked about it.

APPRAISER:
And do you have any idea how much your mother paid for it at that auction?

GUEST:
No, I don't. I'm sure it wasn't a lot of money. She wouldn't have paid a lot of money.

APPRAISER:
And who is the artist?

GUEST:
It's Charles H. Gifford, I believe. And he was from Fairhaven, Massachusetts.

APPRAISER:
Do you know anything else about him?

GUEST:
I know he died in the early 1900s and that he had a studio in Fairhaven, on Poverty Point.

APPRAISER:
Okay, well, he was actually by trade a shoemaker. I think not very different from today, his parents were worried about his ability to make a living as an artist and insisted that he learn a trade. He also enlisted in the Union Army and fought in the Civil War and was in fact a prisoner of war in the Confederate prison in Richmond…

GUEST:
Wow.

APPRAISER:
…for a time. He returned to New Bedford, and New Bedford at the time was an incredibly wealthy and booming town. It was the center of the whaling industry, and in the 1850s was a huge center of wealth and affluence. And there were a great many artists who were affiliated with the New Bedford area. And he had the opportunity to see this work of Bierstadt in particular, who he is recorded as saying was his inspiration for becoming a painter. He was in the right place at the right time for someone with his aspirations. He had no formal training that we know of, but he was obviously really talented. But there's a school of painting, this very dramatic but very serene kind of crystalline, calm, beautiful, quite realistic, but at the same time very atmospheric, appearance. And he was very influenced by those people. And you have a beautiful little luminist painting here. This picture, if you should have it professionally cleaned, will amaze you. The fact that it needs cleaning is one aspect of the condition. Aside from that, it's in very good condition, except for this one puncture. It can be fixed.

GUEST:
Oh, good.

APPRAISER:
As lovely as it is right now, it would be... Even more lovely. ...much, much more beautiful. Do you have any idea what you think it might be worth?

GUEST:
I think maybe $10,000, $15,000, maybe. Somewhere along those lines.

APPRAISER:
Well, I think at auction today, this picture in the present condition would probably sell in the $3,000 to $5,000 range.

GUEST:
Oh.

APPRAISER:
If you had it cleaned and restored, it wouldn't surprise me at all to see it make more like $4,000 to $6,000. But I think what happens to people is they see the work of artists who are associated with this school, and they have the impression that all that work is worth in the same range.

Appraisal Details

Appraiser
Harwood Fine Arts, Inc.
South Hadley, Massachusetts
Appraised value (2012)
$3,000 Auction$5,000 Auction
Event
Boston, MA (June 09, 2012)
Period
19th Century
Form
Seascape
Material
Oil

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.