20th-Century Autograph Album
APPRAISER: You have probably one of the best collections of autographs I think I've ever seen. Am I correct when I say that you have photographs of yourself with everyone in this album that autographed for you, correct?
GUEST: Most but not all, but most of them.
APPRAISER: Most of them you did. This is only one of two books, correct? You have another album at home.
GUEST: Two volumes.
APPRAISER: Two volumes. So I started to go through this, and when I saw people-- Harry Truman, Lyndon Johnson, Richard Nixon, Ronald Reagan, Gerald Ford, Jimmy Carter... Just one after another, Bobby Kennedy, J. Edgar Hoover-- the list just goes on and on and on. Some of the other ones that were highlights that I saw in here, Joe DiMaggio. You have two of Jackie Robinson, and a picture down here, not only his autograph, but actually a picture of you with Jackie Robinson, standing there. Mickey Mantle, Uh, Muhammad Ali, Carl Sandburg, Truman Capote... How many years did you say it took you to put this together?
GUEST: I would say about 50 years...
APPRAISER: 50?
GUEST: I would say 45 to 50 years it took me.
APPRAISER: 45 to 50 years?
GUEST: She was very well aware of what was going on in the world because she read the newspapers. And she knew who was in town, and... (chuckles) She managed to get Truman on his daily walk from the Olympic Hotel when he was in Seattle. She knew he took a walk in the morning, so she went out, met him on his walk. And when some, certain dignitaries were going to the airport... (chuckles) She got him at the airport.
APPRAISER: Oh, really? Well, that was back when people didn't mind people coming up for autographs. I've been able to sit down-- Jimmy Cagney. Your personal favorite, you told me, Larry, Curly, and Moe. Uh, just the list is-- Jimmy Stewart, Bette Davis, uh, Helen Hayes... It just, the list just goes on. Shirley MacLaine. Jerry Lewis, Jack Nicholson... I don't think there's anyone you didn't get an autograph from, it's incredible. Sammy Davis, Jr. I've been able to sit down and do a little bit of research. Just on your one album, I feel, to a collector-- because the individuals would actually sell more than the album itself. So if you sold these as individual autographs, this album alone, I feel, would sell somewhere between $8,000 and $12,000.
GUEST: Wow.
APPRAISER: Just this one. I would love to see your second album and see what's in the other one. And I cannot thank you enough for bringing it into the ROADSHOW and showing it to us today. It's a great album, thank you.

$10,000 - $15,000 Auction
$8,000 - $12,000 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.
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