"Antique Road Show" makes coins look FREE!
topstuf
Posts: 14,803 ✭✭✭✭✭
Oh yes, ma'am, this 1844 Victorian BLOOD DISH with the globular fairies stuck on it is VERY rare. Why, there must be TWO buyers who would like to have it if they ever served boiled blood at their dinner parties. I would put an "insurance" value on it of....oh...$75,000.....maybe more on a good day."
sheeesh!
sheeesh!
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2 Cam-Slams!
1 Russ POTD!
Notice that you never, ever see coins on the show - if you were to, I'd love to see if the advice given bore any resemblance to the reality that most members here would be familiar with.
PS: I'm happy for the people when they find out they've got something good, as well
I went to one once. I took an old Japanese ornamental signal cannon. A little over two feet long - solid brass. Very heavy. And it works (I've fired it with black powder). I thought it was from the 1930s or earlier.
I first stopped at the toy table. The toy guy said I should go to the Asian Antiques table.
At that table a very nice gentleman confirmed what I thought it was (he said it was from the 1920s). He said the value was about $1500-$2500. I don't know about that (I paid $450).
On my way out I saw that no one was at the "Arms & Militaria" table. So I stopped to ask them about it. The "expert" there was not much of an expert at all, and not very friendly either. He said "well, it certainly doesn't fire". I pointed out to him that it did, at which point he stopped talking. A nicer fellow seated next to him chimed and and showed the other guy that it was a real cannon and not just a decoration. They said it was worth $800.
PS: When I first saw the cannon it was for sale in an antique shop in Maine (I was there on a business & weekend trip). They had a $500 price tag on it. I offered them $450 if they would ship it to me out of state (I didn't want to take it with me on the plane for obvious reasons). They agreed. A week or so later it arrived at my house. I soon discovered that, not only was it loaded, but almost the entire barrel was jammed with high-velocity smokeless rifle cartride powder ("Red-Dot" or something like that) and a paper towel wad to hold it in. I literally had (unknowingly) shipped a pipe bomb to myself. I never diffused a "bomb" before. But I succeeded by soaking it under water for a long time, and by forcing water under pressure through the fuse hole.
Herb
PS: My segment didn't make it on to the actual TV show.
to the RoadShow. The appraiser said they were worth about $25,000.
Outside, as the guy was leaving, some stranger walked up and offered
him $25,000 for the guns.
Turns out the guns were worth $75,000 and the appraiser and buyer
were in cahoots !
I'm sure most of what we see is fairly accurate but, as in all of life, there
are bound to be traps for the unwary.
all the while I pay 500 or a thousand times face value (or more) for pocket change
Liberty: Parent of Science & Industry
K S
Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!
<< <i>The appraisers used to discuss "auction value." But in more recent episodes, they speak of "insurance value." Why the change in valuation methodology? >>
The "wow" effect. Remember ARS is TV.
<< <i>I always guess the "Ebay" value just before they announce their "estimated auction value". For example - A big stupid looking painted doll, auction value $250,000 - Ebay value $13. >>
Then that tells you that Ebay is not the best market for that item. This is an important point to consider with ALL collectibles. Items have different values in different markets. An item will often have several different "values" depending upon the venue. For example, sell a rare painting at a local auction vice Sotheby's and see what it brings. An Emile Gruppe went for 3.5K in a local auction. It brought multiples of that in NY at a later date. Same thing with coins - buying/selling a rare coin at a local auction vice ANR, Hertitage, etc. auction.
I saw one Lady who bought a diminutive half round table for 25.00 bucks or so, at a yard sale. It turned out to be an 18th century antique. They appraised it for 250,000.00 bucks. It sold at auction for almost half a million. I understand that she returned to the lady she bought it from and gave her a little bonus. That's a cool story.
2 Cam-Slams!
1 Russ POTD!