Navajo Squash Blossom Necklace, ca. 1930
GUEST: This was my mother's. My mom and dad had moved from Detroit down to Colorado Springs, and they fell in love with the Southwest. And Mom got into collecting turquoise and Indian jewelry. And this is Navajo, but she had also Hopi and Zuni and...
APPRAISER: Mm-hmm.
GUEST: Usually got the pieces in S, uh, Santa Fe or Taos. I was probably in middle school...
APPRAISER: Okay.
GUEST: ...when she got this, so I don't really know what she paid.
APPRAISER: You have a Navajo squash blossom necklace here. It's made out of silver and turquoise. It dates to about 1930. This was probably made for the trade.
GUEST: Mm-hmm.
APPRAISER: During the first half of the 20th century, there was a heavy tourism through S, in Santa Fe, in the Southwest, because of the railroad system.
GUEST: Mm-hmm.
APPRAISER: The naja in the center is a Spanish design that was adapted by Native peoples in the Southwest and Plains. The original form was used on horse bridles, and it would have been on the center of the brow band, and then it was later adopted into the squash blossom necklace. The squash blossoms are the little pendants along the side here. These are very stylized ones. Typically, they're a ball bead that flares out. Your beads are handmade beads. So they made the beads in two parts, and if you look at 'em really closely, you'll see that the metal points outward. So they would dome them and make them in two parts and then punch 'em from the inside-- you see the seam-- and then they were welded together. The naja is a hammered technique. It's a more traditional silver technique. Any idea on its value?
GUEST: In 2021, my brother, little brother, got a verbal, just somewhere around $2,000.
APPRAISER: So at auction, I would expect this to sell in the $2,000 to $4,000 range.
GUEST: Mm-hmm.
APPRAISER: If you were to insure it...
GUEST: Mm-hmm?
APPRAISER: ...I would insure it for, in the $5,000 to $6,000 range.
GUEST: $5,000 to $6,000, okay.
APPRAISER: It's a lovely, lovely early example.
GUEST: Okay, all right-- thank you.

$2,000 Auction
$6,000 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.


