Tiffany Favrile Glass Bowl, ca. 1905
This was given to my grandmother, who skipped my mom and gave it to me. I don't know why. I'm the one in the family that breaks everything, but I've managed to hold on to it. That's about all I know about it.
Sure. You sure that's all you know about it? Anything else?
Oh, well, I know it's got writing on the bottom of it, but I didn't know if it was really Louis Comfort Tiffany or not.
Well, you're right. It says L.C.T. on the bottom, and that stands for Louis Comfort Tiffany. It was made about 1905, so about the early part of the 20th century. It's Favrile glass. It's a fingerbowl with an underplate. It's a nice, typical design of the period. We see lots of these at auction. It's a great piece. The market for Tiffany has kind of been ups and downs. Five years ago, it was worth, oh, probably a little bit more than it is today. But it still has good value today. At auction, $500 to $800.
Yeah. And if you were going to insure it, I might insure it for just a little bit more. Retail value for a piece like this is probably about $1,000.
Okay, thank you very much.
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.
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