19th-Century Folk Art Painting
My husband goes to auctions and he picked it up at a little auction around Iowa.
And how much did he pay for it?
What you have is an early to mid-19th century American watercolor on paper. And it's depicting two black men in a minstrel skit. And this gentleman here has put a board down, which he is tap-dancing on, which is also somewhat related to the Appalachian sort of technique of putting a board down and the flatfooting technique of dancing. And this gentleman on the banjo is playing the rhythm and the melody. The condition is wonderful. The colors are still very vivid, considering the age. There's some little toning and foxing throughout the painting, but that's not a real serious thing. Basically, what you have is a great collectible item on a folk art level and then also a black memorabilia level. I think this would be $3,000 to $5,000 at auction.
Oh, that's good. Okay? Yeah, he did well.
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.
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