James Madison's Personal Seal, ca. 1828
GUEST:
It's James Madison's personal seal.
APPRAISER:
It's James Madison's personal seal. Now, how do you know that?
GUEST:
It's what I've always been told my whole life--that we have President James Madison's seal.
APPRAISER:
And how did your family get this?
GUEST:
My grandfather's grandmother, her brother was married to Dolly Madison's niece.
APPRAISER:
Okay.
GUEST:
And that's the connection I have, and somehow or another, it came down through the family.
APPRAISER:
So the connection was through Dolly Madison's niece to you.
GUEST:
Mm-hmm.
APPRAISER:
How long has it been in your family?
GUEST:
At least 100 years.
APPRAISER:
When you said it's James Madison's seal, I was really skeptical. It does have the initials "JM" on the seal. And Madison's personal motto was "Veritas non verba magistri"-- "Truth, not the word of teachers." We know, in fact, that that was James Madison's motto. And you found that, right?
GUEST:
Yes.
APPRAISER:
How did you find that?
GUEST:
On the internet. I found letters where he had requested that James Barber, a friend of his, obtain some seals for him.
APPRAISER:
So you showed me this information, and it was pretty astounding because in September of 1828, James Madison wrote a letter to his friend James Barber, who was in London at the time, saying, "Dear Mr. Barber, would you order me a seal while you're there?" And “I'd like it to be modest-- I don't want you to spend a lot of money on it. It doesn't have to be a really fancy stone. But I want my initials, and I want my motto on the seal."
GUEST:
Correct.
APPRAISER:
Then a few months later...
GUEST:
He gets it.
APPRAISER:
...Barber writes him back and says, "I went to Pall Mall, found someone who can make the seal, and I hope you like it."
GUEST:
Yes.
APPRAISER:
And so he presumably then brought it back to the United States when he came back. Now, Barber was who?
GUEST:
At one time, he was governor of Virginia.
APPRAISER:
So a guy that Madison would have naturally known very well from his political career. When you look at this, it looks like it's gold, but it's not gold. It's rolled gold, which is a brass that's plated with gold. And that stone is agate. This was ordered in 1828, so this was after Madison was president. He was our fourth president, and he was in office from 1809 to 1817, so it would have been used after he'd left Washington. Wax seals are things that we don't use as Americans today, and really, who writes a letter anymore, right? We email. But it is a remarkable artifact from a guy who was called the Father of our Constitution, the drafter of the Bill of Rights. It's got a little condition problem. It's got a crack in the seal. But nonetheless, I think a good auction estimate of value of this seal is somewhere between $10,000 and $15,000.
GUEST:
Really? Wow, I would not have thought that. I... wow. I'm impressed. That's cool.
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.