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Jamaican Silver Presentation Cup, ca. 1740

Value (2013) | $20,000 Auction – $30,000 Auction
Watch  

GUEST:
This belongs to my husband and it was from his grandparents. His grandmother liked to buy lots of things. So we don't know if this is further back, or if it's something she bought.

APPRAISER:
Okay, and where's your husband from?

GUEST:
He's from Scotland. He was born in Rait, Scotland. And his grandparents were from Dundee, Scotland.

APPRAISER:
Okay, and did they stay in Dundee, or did they...

GUEST:
Yes, yes.

APPRAISER:
Okay. It's made in Jamaica.

GUEST:
No!

APPRAISER:
It's a piece of Jamaican silver, yeah. And the way we know that is by looking at the inscription on the front. It's quite faded, but it's written, "The gift of the Honorable Charles Price Esquire to Samuel Upton, the tenth day of October, 1740." And it has an interesting allusion to what happened. It says, "That day was the completion of the dam of the Decoy." And that's written below this scene we have above it, which is presumably his home in Jamaica, and then a big pond with lots of birds in it, and then these sort of African slave workers in front of them. Charles Price is very well known in the history of Jamaica. He was speaker of the House of Assembly in Jamaica, he was later chief of the militia, the arms of the militia. So he's a man of some stature. In 1730 he inherited three estates from his father. Quite how this cup ties in, what happened I'm not exactly sure. We'd need to research it a little bit more.

GUEST:
Right, right.

APPRAISER:
But it is very, very interesting that it has his name on it. And if you notice his name is actually written in very large letters, and it's written, "The honorable Charles Price Esquire," and then Samuel Upton is just contracted "Sam L. Upton."

GUEST:
Right, right.

APPRAISER:
Which makes it kind of known that Price is the man here that's worth noting. The maker's mark on this piece is here. And with a lot of colonial silver, a lot of West Indian silver, they're not always easy to trace. The marks predate the Jamaican silver marking system, which came in 1747. They use an alligator in 1747 onwards. So the fact that it doesn't bear those marks is also in keeping with silver of this period from this place. All pieces of Jamaican silver from this period, 1740 thereabouts, are very rare. And there is a very strong market for them. There just aren't that many around. I would have no hesitation in estimating this at auction for between $20,000 and $30,000.

GUEST:
Oh, my gosh. Oh, my gosh. Thank you.

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Appraisal Details

Appraiser
David Walker
Decorative Arts, Furniture
Freeman's Auctioneers
Philadelphia
Sotheby's
New York
Appraised value (2013)
$20,000 Auction – $30,000 Auction
Featured In
Richmond, Hour 3 (#1818)
Event
Richmond, VA (August 17, 2013)
Category
Silver
Period
18th Century
Form
Cup
Material
Silver

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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