Gustave Baumann Woodcuts, ca. 1920
GUEST:
These are woodblock prints by Gustave Baumann, is the artist. They belonged to my grandparents who were from Albuquerque, and they purchased these from the artist many, many years ago. They knew the family; their daughter when to school with my mother, actually.
APPRAISER:
Gustave Baumann is probably the most famous color woodcut artist of the Southwest during the first half of the 1900s.
GUEST:
Uh-huh.
APPRAISER:
He is a German-born artist who grew up in Chicago and by the 1920s had made his way down to Santa Fe and became really one of the founding members of the Santa Fe artist colony, and he is best known these days for the color woodcuts he made that are, as you can see in these two prints, completely evocative of this region.
GUEST:
Very much so.
APPRAISER:
Both are signed in pencil on the lower right with Baumann's orange ink stamp. Both prints are numbered just above the signatures.
GUEST:
Right.
APPRAISER:
As I can see, the condition on both prints is fairly good for prints that were made in the 1920s. Normally, the colors are susceptible to fading on these prints. That's not the case on yours; the colors are still pretty bright and you've cared for them well. There is, on the print closest to you, water staining that has seeped up from the bottom, but that's something that can be easily cleaned without affecting the print too much.
GUEST:
Oh, okay.
APPRAISER:
Now, you were telling me that you've had two appraisals done on these at different times. Can you tell me a little bit about that?
GUEST:
About 20 years ago, my mother had them appraised for insurance, and I think they were appraised at about $4,000 to $5,000 each. Then about ten years ago, they were appraised for the estate purposes, and at that time the appraiser said they were worth about $300 to $500.
APPRAISER:
He is, without exaggeration, the most sought after Southwestern printmaker on the market.
GUEST:
Oh, my goodness.
APPRAISER:
These are further enhanced by being in Baumann's original frames.
GUEST:
Right, they are.
APPRAISER:
Rarely do you find his prints like this anymore. So for each of the prints, even taking into consideration the very mild condition issues with that print, if I had to value them for insurance purposes, I would put each at $20,000.
GUEST:
Oh, my goodness!
APPRAISER:
So both your appraisals were off, in other words.
GUEST:
Wonderful!
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.