Jessie Arms Botke Oil Painting, ca. 1940
GUEST: This painting was owned by my great aunt and uncle. My great aunt died in 1958. It was given to my mother and passed on to our family. We've had it about four or five years.
APPRAISER: Jessie Arms Botke, the artist of your painting, was born in Chicago in the late 19th century, and was well-trained and well-traveled. She was a painter, she was a muralist, she was a designer, and she was kind of ahead of her time in so many other ways. They talk about her being very outspoken and marching in the suffragette parades.
GUEST: Yeah.
APPRAISER: Given the quality and style of it, I think it was probably painted at the height of her career, which would be 1930 to 1950. She was represented by some of the finest galleries in the United States, so I suspect that it was an expensive painting even when it was acquired. The painting is oil on board. It's painted very thinly. She loved, especially, white peacocks. She displayed this bird in just such a wonderful way where you could see through the feathers. The alley going into the background is really quite exceptional, and with the sculptures directing your eye into the painting. I believe that this alley is a pastiche of great houses. There's a little Versailles in there, There's a little Crane estate in there. I don't see it as being attributable to a specific location.
GUEST: Mm-hmm.
APPRAISER: I really think, and I've spoken with my colleagues, it's one of the best we've seen in a long time. The combination of the bird, the architecture, the palette is just beautiful. At auction, I would estimate it between $60,000 and $80,000.
GUEST (softly): Wow.
APPRAISER: Wow.
GUEST: Today would have been my mother's 99th birthday.
APPRAISER: Oh, my gosh.
GUEST: So, it's...
APPRAISER: Oh! She's watching.
GUEST: Thank you.
APPRAISER: Insurance valuation would be $150,000.
GUEST: This makes my day. My year.
(both laugh)

$60,000 Auction
$150,000 Insurance
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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.


