1914 Teddy Roosevelt Group
This hat was given to my ancestor by Teddy Roosevelt, and this cartoon was drawn about my ancestor resigning from the election.
You have this cartoon of your ancestor, whose name is Jonas VanDuzer. And I did look him up, and he was active in Republican Party politics in the late 19th and early 20th century. He ran for the state assembly a couple of times. Never won, but he was still an active party member. But apparently in 1912, when Teddy Roosevelt broke away from the Republican Party-- because he was very frustrated with all of the internal fighting and the rightward drift of the Republican Party-- he broke away, did form his own party, the Progressive Party or the Bull Moose Party, your ancestor followed him, left the Republican Party, which would have been a very big deal, and then campaigned as a Progressive, or a Bull Moose Party. So as a member of the Bull Moose Party, Teddy Roosevelt gives your ancestor this hat. And you can see your ancestor wearing the hat in the photograph. That's a piece of campaign material, and it says "Jonas VanDuzer for Congress, 1914." So Roosevelt runs for president in 1912. He does not win, the party is not successful, but it also doesn't die. It continues for a few more election cycles, and so your ancestor is part of that political process. So here is the hat, and it actually has the gift presentation. So it says "TR to JVD," so Teddy Roosevelt to...
...Jonas VanDuzer. And the cartoon, it's a 1914, so it's from his election for Congress, which he doesn't win. Only five out of 138 people were elected from this party. The cartoon is by a man named Zimmerman who was a popular political cartoonist of the day, and it's a caricature of your ancestor and the fact that he's hanging up his hat. He's dropping out of the race, he's bidding adieu, but he still has the chip on his shoulder, which is the chip the Progressives had when they left the Republican Party. It is one of these groups that is greater than the sum of its parts, right? And because you've kept everything together and everything fits so nicely into the narrative, for the group, I would put an auction estimate of $3,000 to $5,000.
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.