Picasso Madoura Plates
Well, I inherited these from my grandparents. They picked up these plates probably in the '50s. I grew up seeing them on their coffee table, especially this one, and it was used as an ashtray.
Well, when Picasso died, and he did spend much of his later life making ceramics in the south of France in the town of Madoura, they weren't worth a great deal back then. You could buy them inexpensively. In the last ten or 15 years or so, Picasso ceramics have really gone up in the marketplace to the point that today, they're really sought after. Neither of these are unique, but nevertheless, they have good, strong value. They're very powerful pieces and well done and well decorated. The one closer to me is, I suspect, the least valuable one, but even so, at auction, it's likely to bring at least $6,000 and maybe as much as $8,000. And the one closer to you is more valuable, and I would say in a good auction today, it could bring at least $10,000.
And maybe as much as $12,000.
Wow, that's pretty amazing.
Using it as an ashtray is not a good idea either.
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.