1823 Samuel Ayres Kentucky Coin Silver Ladle
GUEST: I brought in a coin silver ladle, punch ladle. It was sort of an accidental find at a thrift store. And I did research the maker's mark on the back a little bit...
APPRAISER: Mm-hmm.
GUEST: ...and it is, uh, Kentucky coin silver. And the maker was deceased in 1823, so it obviously has to be that old or older, yes.
APPRAISER: Great. And how much did you pay for it?
GUEST: It was $1.50.
APPRAISER: It is a coin silver ladle, and the maker is Samuel Ayres. Samuel Ayres was born in 1767 and died in 1824. He immigrated to Kentucky in 1784. And then by 1790, he, he was listed as a jeweler and a silversmith.
GUEST: Okay.
APPRAISER: The monogram is in period script, and it appears to read "APF," which is most likely the owner's monogram. The mark on the back reads, "S. Ayres, Lex K." in a banner, and that's his later mark when he was working in Danville.
GUEST: Okay.
APPRAISER: So it's Southern coin silver, uh, Kentucky specifically. There are... people collect that specifically. Southern silver is pretty rare in the market.
GUEST: Mm-hmm.
APPRAISER: These don't come up that often.
GUEST: Correct.
APPRAISER: For an auction estimate, I would probably put $1,500 to $2,500 on it, conservatively.
GUEST: Oh.
(chuckling):
APPRAISER: Which is a thousand times what he paid for it, um...
GUEST: Yes, yes, good purchase.
APPRAISER: Yes, and then in a strange coincidence, his son was also a silversmith...
GUEST: Yeah.
APPRAISER: ...and he ended up in Iowa, which is where we are now.
GUEST: Oh, yeah.

$1,500 - $2,500 Auction
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Understanding Our Appraisals
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.


