WPA Poster, ca. 1935
GUEST:
This is a little bit of New Deal history that we found at a junk shop in scenic Fort Payne, Alabama. We were driving through and saw a store and went in, and because I helped the guys unload a heavy piano, they said they would give me a discount on anything we found inside, so we picked this up for ten dollars.
APPRAISER:
And what was it about it that appealed to you?
GUEST:
Well, it just kind of goes with the style of things that are in our house in general. We've got some World War II propaganda-type posters, and we knew a little bit about the New Deal and thought that it would look really cool hanging in our hallway.
APPRAISER:
The New Deal predates the Second World War, and by all accounts, this poster was designed in 1935. It's an anonymous work, as many of the things that were done for the Work Progress Administration were, as many things that were part of the Federal Art Project were, done by very talented artists that the government was employing to help support the economy during the Depression. Now, the WPA lasted roughly from 1935 to 1943, and during that time, by all published accounts, the WPA published more than two million posters. And these posters covered the fields of art, of history, of education, of travel, of safety, and they were distributed all around America. Now, unlike the other WPA posters, which are much more artistic, this one is purely typographic. On the bottom, stenciled over the letters "WPA" are some numbers. You know what those numbers mean, right?
GUEST:
Well, we wrote to the National Archives and they put someone on the case, and all they could tell us was that this was hung in Massachusetts at a courthouse construction project from 1936.
APPRAISER:
You showed me the email that you got from the National Archives, and they attribute this specific project to a courthouse, the Fitchburg, Massachusetts, courthouse.
GUEST:
That's right.
APPRAISER:
It was a $6,000 project, and the WPA contributed I think $4,900. I could only locate three or four copies in museums in America.
GUEST:
Interesting.
APPRAISER:
Now, that said, this poster is not in good condition.
GUEST:
Right.
APPRAISER:
It's safe to say this poster is in bad condition, and I think part of the charm of this piece is the way it looks. I would simply frame it and keep it out of the direct light. That'll preserve it from getting worse. None of these have ever come up for sale before, so there are no comparables. Over the years, they took all the blank posters that they printed, over-printed them with the project numbers, so we know intuitively that there were a lot of them out there, but we haven't seen them on the market. So my conservative estimate at auction would be between $2,000 and $3,000.
GUEST:
Wow! Roll Tide, that's great.
APPRAISER:
I would think in good condition, you're probably talking $7,000, $8,000, $9,000.
GUEST:
That's beautiful, wow.
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.