Chandelier Earrings & Georgian Bracelet
GUEST:
They're inherited pieces from my husband's aunt, who died in 1991. She was the wife of Jay Marchant, who was a director in the movie industry in L.A. and in Japan.
APPRAISER:
And so you had these two pieces. Did she collect jewelry, also?
GUEST:
She collected antiques-- Asian art, furniture, and jewelry. She wore the jewelry all the time.
APPRAISER:
So the two items you brought, first the boxed bracelet here, this is from the Georgian period, so this would date anywhere from about 1820 to 1840. Most likely, it's English. Although there no hallmarks, stylistically, it's very much in the English style. These reddish, purplish stones are garnets. These stones are beautifully matched. It's unusual to find such large, crystal-clear, beautifully matched garnets like this. They're quite nice. The other stones, the little accent stones, which have a slightly yellowish gold tone to them, these are topaz. These would have probably come from Brazil. It's in extremely fine condition, in the original box. The earrings, they're done with pearls. And I would date these earrings around 1850, 1860. So these would be natural pearls, little diamonds, and these are really a classic chandelier earring in terms of the way that they move. The diamonds in the top are set in silver. The bottom portion is gold, and right at the join here, there's a microscopic French hallmark. So that tells me these pieces were French. They're quite lovely. Have you ever had these pieces appraised?
GUEST:
No, I never have. When she died, there were four of us who divided all her jewelry, and she had between 500 and 1,000 pieces of jewelry. And we found some of the receipts. So there was a receipt for the earrings, and I think she paid $4,500 for the earrings.
APPRAISER:
Do you know what year that was?
GUEST:
It would have been in the '80s.
APPRAISER:
At the time that she bought these, she paid a very fair price for them. And I would say, for insurance purposes these days, they would probably be around the same price, $4,500 to $5,000. The market for these type of earrings had gone up, it has gone down, and now it's just coming back up again. Now, back to the bracelet. The bracelet, also, because of condition-- this is really in exceptionally fine condition-- I would value the bracelet for insurance purposes around $5,000 to $6,000.
GUEST:
Okay.
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.