Cartier Art Deco Pendant Necklace with Box, ca. 1929
GUEST: I brought a necklace that was given to my grandmother for her wedding. She passed it on to me to wear my wedding day.
APPRAISER: It's a beautiful Cartier Art Deco platinum, diamond, and sapphire pendant. You have over one-and-a-half carats of diamonds...
GUEST: Wow.
APPRAISER: ...and over one carat of sapphires total weight there.
GUEST: Wow.
APPRAISER: And you have these great geometric square cut sapphires. We sometimes call them emerald cuts.
GUEST: Mm-hmm.
APPRAISER: Beautiful platinum chain. So it's stamped on the side "Cartier" here, and it's small. You really do need a loupe to see it.
GUEST: Mm-hmm.
APPRAISER: And then on the opposite side, it has the numbering. What I love about it is, it's almost a transitional piece. This part, right here?
GUEST: Uh-huh.
APPRAISER: It's so geometric, right? You have...
GUEST: Yes.
APPRAISER: It's really a square. A perfect square. It's really that typical Art Deco period.
GUEST: Yeah. Mm-hmm.
APPRAISER: But then here, it's a little bit softer.
GUEST: Mm-hmm.
APPRAISER: Because in jewelry making, there's really no hard stop, right? Like, you start doing Belle Époque, then you stop, then you do Art Deco. Now there's kind of a little bit of a blending. You have the receipt...
GUEST: Mm-hmm.
APPRAISER: ...from 19, May of 1929, right before the stock market crash. What's great about this is, it closes, and then you have the date here, your relative's initials on the other side, and then my favorite, how it just pops open.
GUEST: Magic.
APPRAISER: Like an armoire, yeah.
GUEST: Yes. I love that.
APPRAISER: Do you have any idea of the value of your piece?
GUEST: I had it appraised maybe ten years ago, and I'm thinking that she maybe said $1,500 to $3,000. But the reason I didn't like it was, she just didn't look at the box, or this, or any of the other information that was with it, and didn't seem to see it as a whole package. And to me, that's part of what makes it really special.
APPRAISER: I agree-- it's the whole package. People collect just Cartier boxes.
GUEST: (chuckles) Oh, gee, I didn't know that.
APPRAISER: I would appraise your set, retail, at $15,000.
GUEST: Wow. (laughing) Wow, I didn't expect that.
APPRAISER: Yeah, it's, it's really, really remarkable. It was a beautiful gift.
GUEST: I wonder if that was kind of done that often for an engagement gift, 'cause I got, like, Crock-Pots and... (laughs) ...things like that. (both laugh)
APPRAISER: Well, I guess it depends on your relative, right?
GUEST (laughing): Yeah.

$15,000 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.


