Edison Stock Ticker with Stand, ca. 1910
I got it from my grandparents. My grandpa after World War II had the good fortune of working on Wall Street. He was a broker. From being a little girl, I always remember it being there. Approximately seven years ago it became mine. He always said it was from the 1800s. It was a Thomas Edison ticker tape. And other than that, I don't know very much about it.
The Western Union Telegraph Company worked with Thomas Edison. And this was really Edison's very first commercial success in making a machine. One of Edison's first jobs was as a telegraph operator. These are probably the most common example of what you think of when you think of Wall Street. This is the second model that was produced by Edison. And this one was produced between about 1900 to 1920. One of the interesting ways this got its name, "ticker tape," is because of the ticker, ticker, ticker sound that the tape made when it came out. What makes yours really special is that almost always you only see the top of the ticker tape. You never see the pedestal. Most of them that come up for auction are just the top piece. For the ticker tape machine, $8,000 to $10,000 at auction.
Oh, my God! Wow.
But of course, you have the pedestal. For this particular package, it would bring between $15,000 and $20,000.
Oh, my Lord. That's crazy. I can't even believe it. That's crazy. But it's priceless to me. It just reminds me of my grandpa, and you know, all the stories he used to tell about work and everything.
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.