George Washington Commemorative Mantel Clock, ca. 1810
GUEST:
It's always been in my family. My great-great-grandfather bought it, from Baltimore. It was in Baltimore for many years until my grandmother moved to Bridgeport.
APPRAISER:
And that to me is a very important thing. I think you mentioned, you thought it was the early 1800s.
GUEST:
Around 1805, '10, somewhere.
APPRAISER:
We know that the ownership goes all the way back to the original owner of the early 1800s. I'm going to tell you up front, this is a very nice, quite a valuable clock. It was a commemorative piece, and there were only a few of them made. The statuary, of course, depicts George Washington, and it shows him at the time of his famous farewell speech to his officers. Down below the dial is a slogan which...
GUEST:
"First in war, first in peace, first in the hearts of his countrymen."
APPRAISER:
That's right. The statuary is very finely cast, which is typical of what the French were doing. This is a French-made clock. The name on the clock is Dubuc. He was a bronzer. He was the caster, and he would sell these clocks to the American market. We know from the address that's on there that this clock was made probably between 1808 and 1816. Did you know there were also two of these-- very similar clocks to these-- in the White House collection, State Department?
GUEST:
I thought, perhaps, we saw one at one time in back of one of the presidents'...
APPRAISER:
Yeah.
GUEST:
When he was making a speech, and it looked like it.
APPRAISER:
These clocks have bounced around a lot in value in the last, say, ten or 20 years. About one comes for sale a year. We found one example of one that was similar that brought over $140,000.
GUEST:
Oh, my goodness.
APPRAISER:
This has some problems.
GUEST:
Yeah.
APPRAISER:
The hands are replaced, and the ormolu's redone. This clock has a value today at, let's say, auction, between $50,000 to $80,000.
GUEST:
Oh, my goodness! I can't believe that.
Appraisal Details
Delaney clarified the point saying: "Was Dubuc responsible for making the entire clock? Most likely not." However, "The reality is that he must have had a major role in the form's construction or creation. He is credited as being a bronzier in several listings, but he was partly responsible for assembling the form as a whole and bringing [the clocks] into this country, and in many instances is credited with making this form."
Update 12.6.2010: After a November broadcast of this segment, which originally aired in February 2000, a viewer wrote in to say that the appraiser misstated the location of George Washington's farewell address to his officers at the conclusion of the Revolutionary War. General Washington bade farewell to his officers not in Philadelphia, but at Fraunces Tavern in New York City on December 4, 1783. He then traveled to Annapolis, Maryland, and resigned his commission as commander-in-chief of the Continental Army.
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.