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Article | Read Georgia O'Keeffe's Letters and Recipe

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Andries Vermeulen "Skating Scene" Oil Painting, ca. 1800

Value (2018) | $10,000 Auction – $15,000 Auction
Watch  

GUEST:
It's a Dutch painting. It's been in my family for about 60 years. It was purchased by my grandfather in Michigan. My mother inherited it, and then I inherited it from my mother.

APPRAISER:
Do you know how much... for how much he purchased the painting?

GUEST:
Oh, I have no idea.

APPRAISER:
And do you know who the artist is?

GUEST:
Well, it's attributed... There's a plaque on it that says, "Andries Vermeulen," and I did look him up once. He's a Dutch painter of the late 1700s, early 1800s.

APPRAISER:
On the back of the painting there are about three or four different labels. Some of those labels are from some major galleries. One of them is from Frost & Reed Gallery in London, which has been in business since 1808. It's a well-known gallery with a very good reputation. Some of the other labels, including another one from Daniel Rees in Michigan, mean that people have accepted this work to be by the artist. However, when you have a painting that does not have a signature, then you're sometimes relying on what the other... the last person said, and you're also relying on your own study, and you're putting your own reputation on the line. When you are putting a label onto the back of a painting, it's saying, "Yes, this is by this artist." So it's kind of like peer review, everyone is together in this. The quality of this painting, it's extremely well painted. The painting is oil on canvas. The canvas at one point has been re-lined. This painting would have been painted in around 1800. It has all of the little details that you want in these Dutch skating scenes. Little pieces of life happening in every little corner. The age of the canvas, the age of the paint itself, also lends credence to the authenticity of the painting. So all of these things together-- the good provenance, the gallery labels, the exceptional quality -- do help us to know that this is an authentic work by the artist.

GUEST:
Wow! (laughing)

APPRAISER:
Do you know how much it might be worth?

GUEST:
My mother had it appraised. His statement at the time was, if it was of the school, it would have been about $8,000, $8,000 to $10,000, somewhere in there. And then if it was truly a Vermeulen, it was maybe $30,000.

APPRAISER:
And when was this?

GUEST:
I believe this was in '92.

APPRAISER:
What's interesting is that the market for 19th-century Dutch works and 18th-century Dutch works has fallen a little bit since the 1990s and the early 2000s. However, if I were to put this painting at auction today, I would put a conservative auction estimate of $10,000 to $15,000 on it.

GUEST:
Okay, okay.

Support provided by: Learn more

Appraisal Details

Appraiser
Gene Shapiro
Paintings & Drawings
Shapiro Auctions
Appraised value (2018)
$10,000 Auction – $15,000 Auction
Featured In
Hotel del Coronado, Hour 2 (#2308)
Event
San Diego, CA (May 29, 2018)
Category
Paintings & Drawings
Period
19th Century
Form
Painting
Material
Canvas , Oil

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.

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