1956 Gibson Les Paul Special Guitar, "TV Model"
GUEST: My parents moved to Hamilton, Illinois, and my dad got a job at Montgomery Ward Store, and while he was working there, he bought this guitar for me. I believe it was for my birthday, they bought it for me, and when he bought the amplifier that goes with it, he had to get a used one and he apologized that the amplifier had to be used because he'd spent all his money for the guitar.
APPRAISER: Now do you remember about what year that was?
GUEST: It was either '55 or '56.
APPRAISER: And did you used to play in any kind of a band with it?
GUEST: No, no I kind of taught myself to play a few songs, and I really never did get very good at it, because I like to work on a farm with cattle and stuff. I was always mashing my fingers, you know, so I just never did really get good at it.
APPRAISER: So as a result, the guitar never really got played a whole lot, so it's in what we would call almost-new condition. It's called the Les Paul TV special, and they painted it this certain color so that it would show up well on the old black-and-white TV sets, but it is indeed a 1956 with a single cut-away, and it was sold as an economy guitar when it was new. A Les Paul TV special in this condition will have a retail value of about $11,000 to $12,000.
GUEST: That's good.
APPRAISER: That's good.

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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.


