1946 Leo Kenney Oil on Canvas
GUEST:
It is a Leo Kenney, and Leo Kenney was from Seattle, Washington. He was born in 1925 and died in 2001. He painted it in 1946, when he was 21 years old, and it was probably one of his first paintings. It wasn't anything that would have been displayed anywhere because it was a painting that he sold to friends of his, to a couple. One of them had died. The surviving spouse held an estate sale and sold it to my sister.
APPRAISER:
It's clearly signed down here in the lower right, "Leo Kenney," and also dated, "1946." It is a very early painting for the artist, who was a Seattle-based area artist. He was born in Spokane, but he moved here at a very young age. This young man was considered a prodigy. He was painting this kind of picture when he was 20 years old. He was given a one-man show at the Seattle Art Museum just a few years after this and was the youngest person to ever have that distinction, and I think that record holds until today. He was very, very influenced by the Surrealist movement. When he was in his teens and was initially taking an interest in painting, he saw the work of Salvador Dalì and Giorgio de Chirico, and this is what you're seeing here. The only really recognizable elements are this boat down here; there's what looks like the moon, perhaps, weeping tears in the sky. It's an oil painting on canvas. The palette of these muted tones and blues and grays and things is attributed in part to the colors of the Seattle areas: the cloudy skies, the gray days. And, he also again was influenced by the Surrealist artists, who used palettes that were primarily shades of grey and black. Now, you purchased this painting from your sister, I believe, but she had purchased it prior to that, so what's the price history?
GUEST:
She, in addition to the painting, also purchased furniture. I asked her what she paid at the estate sale, she said, "$2,700."
APPRAISER:
And when you purchased this from her subsequently?
GUEST:
I purchased it from her in 2003 for $1,500.
APPRAISER:
His market is very specifically here in the Northwest. I believe an appropriate estimate would be between $5,000 and $8,000.
GUEST:
Oh, wow.
APPRAISER:
And if you were to see this in a retail gallery setting here in the Seattle area, I think it would be up to as much as $10,000.
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.