Ball "Order of Railway Conductors" Watch, ca 1900
GUEST:
Well, I found this watch when my parents' basement flooded two years ago, the day after Christmas. And at the bottom of the flooded stairway was this big barrel. And at the bottom of it was three pocket watches. And also was all of this locomotive information from my great-grandfather and great-great-grandfather. That's all we really know about it.
APPRAISER:
Okay. Okay, so it's not surprising, then, that this is what's called a railroad watch.
GUEST:
Uh-huh.
APPRAISER:
It's an interesting type of railroad watch. It's a Ball-- that's the name of the company that sold it. Now, Webb C. Ball was a Cleveland jeweler who, in the 1890s, became very concerned about railway accidents, because there was no standard timing amongst railway personnel, and very often two trains found themselves on the same track at the same time with terrible consequences. So Ball decided that he would develop watches that were both very accurate and very inexpensive. This was the result of it. Ball himself didn't make watches, but he had various good watch companies make them for him. This one was made by another company in Boston called the Howard Watch Company. But this one is interesting, because not only does it say "Ball" on it, it also has this logo, "O.R.C." Do you know what that stands for?
GUEST:
No clue.
APPRAISER:
That was the Order of Railway Conductors, a fraternal organization. By any chance were your... great-grandfather, was he a railway conductor?
GUEST:
Yes, they were.
APPRAISER:
These watches were made around the turn of the 20th century, early decade of 1900s. The beautiful part of Ball watches is the finishing of the watch on the inside. And we can see the beautiful finishing that they have in the metal. It has 17 jewels, which is very common for a watch, but each of these jewels is set into a little gold cup that has a precision device to help regulate the watch. It's also signed "O.R.C." on it, as well. The railway watches were made by the millions. Most of them are worth a few hundred dollars. This is very special. This is one of only 70 watches that were made by Howard for the railway conductors' union. The last one of these sold at auction made $6,000.
GUEST:
Oh, my goodness. (laughs): Holy cow. Oh, my goodness. Oh, my goodness. That is just unbelievable. And, I mean, my grandpa's... I mean, we just had it there. And, I mean, if it wasn't for the flood, I don't know if we would have ever found it.
APPRAISER:
I mean, it's not in the best of condition.
GUEST:
Yeah.
APPRAISER:
So it might not make quite as much as $6,000.
GUEST:
Sure.
APPRAISER:
But this is a rarest of all rare Ball watches. An auction estimate for this watch would be probably $4,000 to $6,000.
GUEST:
That's still unbelievable, unbelievable. It just shows you never discount anything at the bottom of a barrel.
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.