Late 19th-Century New England Swing Handle Basket
We found it at a garage sale. It was filled with garage door parts. We figured it cost us about a quarter.
About a quarter. Did you haggle it down or something?
No, we figured a quarter was cheap enough.
You got out of there. My gut feeling is that it's from New England, so it's come a long way since it's down here in Tennessee. This dates from the late 19th century. It was made probably near the coast, and is made obviously of these reeds, and also mahogany, these three bands of mahogany. And also incorporates brass tacks and copper. It's a great expression of folk art with the piercings, the openings, the scalloped handle. It's not just a functional object; it expresses itself. And that's the essence of folk art. It is probably not a Nantucket basket. The construction is a bit too primitive for that. The value on it, on a bad day, would be, at auction, $1,500 to $2,500.
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.
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