Blancpain Pendant Watch, ca. 1925
GUEST: I brought today a pendant watch that my father gave my mother after they were divorced. It's kind of an apology item because they had had a rough several years, like probably 40-plus years, where they couldn't find any area to communicate on. And they started communicating later in life, probably in their late 60s, early 70s. And they started calling each other and visiting, and they'd go out to coffee, things like that. They went on trips together. And my mom turned to me during that time and she said, "Your dad's my best friend." Well, he gave it to her kind of as a way to say he was sorry for things that had happened over the years. When I look at this, I think it's all about forgiveness. And my mom gave it to me because she knew I loved it. When my dad passed away, I think that at that point my mom got it insured and she did have somebody look at it. And I want to say that it was worth $600, is what they said. But personally, I doubt that at this point, I don't think it's worth that much.
APPRAISER: How many years ago was that?
GUEST: Oh, probably, at least ten.
APPRAISER: We've got a ladies pendant watch that's worn around the neck. You've got a nice 18-inch chain. The chain is all platinum and it's set with diamonds. The watch is platinum. The watch is set with diamonds. We have a little sapphire crown there. We have a little sapphire crown on the other side. It's a very high-grade movement. In the watch business, we call high-grade referring to watch movements that are made by the best companies.
GUEST: Okay.
APPRAISER: This one is Blancpain. Blancpain is a Swiss watchmaking company...
GUEST: Mm-hmm.
APPRAISER: ...founded in 1735. Blancpain is the oldest watch maker in recorded history. This dates from 1920 to 1925, it really is true Art Deco. I'm going to flip it over and on the other side, incredible, screams Art Deco.
GUEST: Mm-hmm.
APPRAISER: This is all enameling. That's all done by hand. You have a wonderful
figure in there, surrounded by platinum work and little diamonds. Retail on this, it would bring about $5,000 to $6,000.
GUEST: (laughs) Holy smokes. (laughs) That's a lot more than I thought.
APPRAISER: It's a little treasure.
GUEST: It was sitting in a box and now I'm going to wear it. I love it.

$5,000 - $6,000 Retail
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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.


