Raymond Loewy Railroad Renderings
These are renderings developed by the Raymond Loewy studios. Raymond Loewy was a designer for the Pennsylvania Railroad in the 1930s and '40s, and he had a retainer and he designed things whether the railroad wanted them or not. I acquired these out of a dumpster at the time of the merger of the Pennsylvania and the New York Central. A lot of things were being thrown away. I did work for the railroad at that time, though.
Well, what you have is an excellent representation of historical documentation, of architectural documentation, of railroad documentation. And collectors would be interested in these pieces for a lot of various different reasons. The first example here, which I think is the most important, is Pennsylvania Station in New York. And this piece was actually used, making it very rare. The next piece that I'd like to talk about is this piece, because I think historically, it's very important looking at the architecture. He was designing these in the late '30s. You can see the Art Deco influence by looking at the bright yellow colors and the aluminum that they were using on the chairs. And even if you look down here, you can see on the floor how much the Art Deco influence was still being seen in transportation. And then we go down to look at this piece here, which was actually used for the world's fair. It's an excellent piece of train memorabilia and transportation memorabilia, as well as world's fair memorabilia. And lastly, we just have another beautiful architectural drawing. As a collection, I would estimate each piece to be worth $1,000 to $1,500 and together, the whole collection to be worth $5,000 to $6,000.
That's very nice. Thank you very much.
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.