Owner Interview: "The Godfather, Part II" Headboard
INTERVIEWER: Rob thanks for coming to ANTIQUES ROADSHOW in New York City. When we see furniture on ROADSHOW typically it's all condition, condition, condition but I can see this headboard has seen a little wear. Tell me about your piece here.
I was in Los Angeles in the 1980s and Francis Coppola's studio went bankrupt and they had an auction. And my boss at the time asked me to bid on some video equipment and I didn't get that but I saw, you know, this tag which just says breakaway headboard and I knew most of Coppola's movies and I was hoping it was from The Godfather but I wasn't sure. And I was the only person who bid on it and I paid $25 for it. INTERVIEWER: How did you have this displayed at your home, I assume it was there?
It's at my home, it's displayed in my wife's art room. I have two of them actually because when they shot the scene they did it once this way and then once this way. And so there were bullets going this way and that way so there's two of them and the other one is in much worse shape then this. INTERVIEWER: Are you an Al Pacino fan as well?
Yeah I am. I had dinner with Al Pacino once so yeah, it was kind of exciting and I expected him to be Michael Corleone but really he's just an actor. I don't know if you knew that or not. INTERVIEWER: What did you learn about the piece?
What did I? INTERVIEWER: What did you learn, yeah.
Oh well I learned that it's worth more than $25, which was nice and that I learned that, I didn't realize that Godfather II had twice as many Academy Awards as Godfather I. And I didn't realize that what you told me at the time, people didn't have collectibles like this and film studios just threw this stuff away and that I was really lucky to get it. And I'm gonna give it to my son, he could inherit this horrible piece of furniture.
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.
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