Owner Interview: 1968 Norval Morrisseau Paintings

Value (2014) | $21,000 Retail$35,000 Retail
Watch  

INTERVIEWER: So, Ivan, you've just finished talking to Colleene about your paintings. Tell us a little bit more about your acquisition story, how you came to have them, there's some drama there.

GUEST:
Well, I inherited it from my dad. These paintings were given to my father as a thank you gift by the artist for saving his life. My dad was up in Canada hunting moose. He was coming from Longlac to Geraldton in a really bad snowstorm. It was like 20 below, and the Canadian snowstorms can be violent. As he was driving, he saw this fellow walking the other direction stumbling. My dad continued on, he's a relatively fearless man, and he thought, no, he says, there's something wrong with that guy, and he turned around and went back, the guy was lying in the snow face down. They warmed him up, put him to bed, got him heated up, and the next morning he woke up and told my father he wanted to thank him, wanted to paint a painting for him. And again they were, it's a very early part of this gentleman's career. My mother and father never thought it was all that attractive. And for 14 years it sat in the basement behind my dad's gun rack.

Appraisal Details

Appraiser
Colleene Fesko Works of Art
Boston, MA
Appraised value (2014)
$21,000 Retail$35,000 Retail
Event
Detroit, MI (June 01, 2013)

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.