Steiff Bear, ca. 1930

Value (2013) | $3,000 Insurance$5,000 Insurance
Watch  

GUEST:
I was going through a Dumpster in Queens and I found the bear and several other toys at the same time.

APPRAISER:
Oh, wow. Now, do you know anything about the bear? Any history?

GUEST:
No, nothing at all.

APPRAISER:
Well, let me tell you. It's a nice bear, it's a Steiff bear, and what I like about it is it's a white mohair bear. It has glass eyes. Also, this red tag tells me definitely it's from the early 1930s. Usually, these red tags were torn off. And the condition overall is wonderful. And it was just found in a Dumpster? Amazing.

GUEST:
Pulled it right out.

APPRAISER:
That's great. Well, what's nice is that it has the felt pads and it is stuffed with excelsior, and if you squeeze the bear, you can feel that there's a little squeaker that was actually right inside the bear. Now, you said that this belongs to...

GUEST:
I gave it to my wife.

APPRAISER:
Oh, you did.

GUEST:
It's gone now.

APPRAISER:
Now, will she let you part with it?

GUEST:
No.

APPRAISER:
No, not at all, right?

GUEST:
Not at all.

APPRAISER:
Well, I'll tell you, bears like this, the market is very good for Steiff bears, and I would estimate this bear in the $3,000 to $5,000 price range for this little mohair bear.

GUEST:
You're kidding.

APPRAISER:
Not at all.

GUEST:
Maybe I'll have to take it back. (laughing)

Appraisal Details

Appraiser
TreasureQuest Appraisal Group, Inc.
Hobe Sound, FL
Value Update (2013)
$3,000 Insurance$5,000 Insurance
Appraised value (2001)
$3,000 Retail$5,000 Retail
Event
New York, NY (July 14, 2001)
Period
20th Century
December 23, 2013: We contacted appraiser Tim Luke for an updated appraisal in today's market.

Current Appraised Value: $3,000 - $5,000 (Unchanged)

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.