Edgar Alwin Payne Painting, ca. 1925
GUEST:
This painting was purchased by my father as a celebration for the birth of my sister in 1952.
APPRAISER:
And you said he paid about how much for the painting?
GUEST:
He paid $350 for it.
APPRAISER:
Okay. Well, what you have is a work by Edgar Alwin Payne, who was a very important and influential California artist. He's particularly known for doing his landscapes of the High Sierras, desert canyons and even European harbors. Payne was mainly a self-taught artist. He only attended the Art Institute of Chicago for a short time, but he left home at age 14 and began painting signs and houses to earn money, and in 1918, he was commissioned by the Santa Fe Railroad to paint the Southwest. He spent about four months in Canyon De Chelly, and that was sort of his favorite subject matter for the '20s and '30s. What we see here is a really large, beautiful landscape, signed in the lower right, and it's unusual to see such a… a large group of Indians. By "large," I mean so far in the foreground. We can see Payne's broken brushwork in the sky, which is very typical of how he worked. He was a plein air artist, which means that he worked out-of-doors.
GUEST:
Yes.
APPRAISER:
And he even wrote a book in 1941 called Composition of Outdoor Painting, which is... he was very influential as a teacher and an artist. The auction market right now for American paintings of the West is… is very strong, and this is such a good example of his work that I think it might bring between $80,000 and $120,000...
GUEST:
Wow.
APPRAISER:
Maybe even as much as $150,000.
GUEST:
(whistles) Well, the old boy had good taste, I guess, didn't he?
APPRAISER:
Yeah.
GUEST:
That's great.
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.