Bonus Video: Folk Art Banjo
We were talking earlier about how there's so few things like this that have survived in the condition this has survived in. I mean, it's pretty much untouched. It still has the old varnish on it, and think about this, it kind of gives me the cold chills on my arm to think that your great great uncle made this and gave it to your grandfather in 1920. And I would give anything to be in the room to hear him playing with other guys, you know.
Oh yeah. They did great.
An old timey tune. Well.
Yeah, they did great.
It still has some strings left on it. And I didn't dare tune them up any higher than I already did.
But this is called a fretless banjo. You know, there's all these notes in the between where your finger are supposed to be that are called bad notes, but the thing that made the fretless unique was the fact that they would slide on it.
Pretty Polly. With a tone deaf banjo player.
Well, I still think my grandpa would like to play with you anyway.
Well, I would have loved to if I had my guitar we would just go right to it.
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.