Celebrity Autographed Letters, ca. 1960
GUEST:
When I was in school, I decided to write to Queen Elizabeth just to see if I could get a response, and she answered my letter through her lady-in-waiting. And the next time I saw John F. Kennedy on television and I thought he was such an eloquent speaker that I wrote him a letter. He was senator at the time. And he sent me back a letter thanking me for mine. And that year he also sent me a Christmas card saying, "Best regards, Jack." Well, that started me on this, and whenever I heard anybody I was impressed with, I wrote a letter to him. And then as I got older, when I was active in the church, I created a celebrity auction to raise money. So I would write to well-known movie stars and television stars and ask them to send us a package back unopened and we would have an auction and auction off these unopened packages, and we raised a lot of money not knowing what was inside.
APPRAISER:
Well, you were so ahead of your time having celebrity auctions back in the '60s and '70s. One of the things that you had as a bonus is these personal letters. This Joan Crawford is a wonderful big signature, but believe it or not, she signed tons of stuff, and so her signatures are only worth about $20 to $30, which would surprise most people. This Mickey Mantle is actually a stamped signature, which we see very often with celebrities who just didn't have time for responses. Now, this Robert Kennedy, an original signature like that, on Senate paper, that's going to be about $2,000. And then we have these early signatures of JFK. And JFK is one of the signatures that's almost always a secretarial signature. So here we have a letter from 1956, which although it almost looks like an autopen signature, it is actually an original signature. And that's a signature that has a value of about $2,000 to $3,000. But what I really love here is the Christmas card. "Best wishes, Jack." That is such a lovely, authentic, wonderful signature and someone would love that salutation. Usually a senator's signature is worth less than a presidential signature, and especially one that's not a full signature, but this one, because it's so personal and so lovely, it would also have a value of about $2,000 to $3,000. So, you've brought just an amazing collection. We have about 30 letters and envelopes. For auction, on the whole collection, I would put a value of $10,000 to $15,000.
GUEST:
Really? Unbelievable.
Appraisal Details
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.