Sterling Silver Knight, ca. 1900
GUEST:
It was willed to me in my aunt's will. I had two brothers, and she left it to me because I think she felt my brothers would be fighting over it.
APPRAISER:
What you have here is a German sterling silver standing knight. There are several things that make this very unusual. Number one is its size. They are normally maybe six to eight inches high. This one is almost 18 inches high, which makes it phenomenal. It has a beautiful carved ivory face with his handlebar mustache. It's very, very fine quality. The work, the detail and the silverwork is magnificent. This knight in a well-advertised auction would carry an estimated value of somewhere between $12,000 and $15,000.
GUEST:
I had no idea it'd be that much.
APPRAISER:
Yes, without hesitation.
GUEST:
Oh, 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.
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