Pawnee Bill Posters
HOST: Finding an old treasure in an old building is pretty exciting, but can you imagine finding one that's as wide as a house? Poster expert Nicholas Lowry discussed one such find on our visit to the Pawnee Bill Ranch in Oklahoma.
APPRAISER: Pawnee Bill was one of the Wild West's great impresarios, second probably only to Buffalo Bill. And for years, he ran this incredible Wild West Show that entertained people not only in America, but in Europe as well.
HOST: Let's take a look at this, and to call it a poster is a stretch, I think. It's more than a poster.
APPRAISER: Right, technically it is a poster, but what we refer to it as is a barnside. This image is 70 feet long by ten feet high. And in fact, this poster survives today luckily only because a building about 60 miles away from here, when it was being refurbished, somebody built an exterior wall outside of the original wall that housed this poster, and then about 30 years ago, when they were remodeling the building again, they uncovered this poster and brought it here slat by slat, recreating it so we have this amazing image. Originally printed on paper, they were pasted up on the sides of barns. To the best of my knowledge, this is the only copy of this poster to exist.
HOST: Could you place a value on this?
APPRAISER: This poster is a great example of the motto that rarity doesn't always equal value. This piece is so big, it's virtually impossible to sell, making the poster legitimately priceless.
HOST: Well, it is a beautiful piece of art, and thank goodness the people here have done what they can to preserve it so beautifully and let the public see it. Thanks, Nico.

Featured In

episode
Special: Finders Keepers
In this special, ROADSHOW shines a spotlight on items whose discovery was a happy accident
Fine Art

appraisal
William Moorcroft Pottery, ca. 1910

appraisal
1952 Picasso Madoura Ceramic Jug

appraisal
Edgar Alwin Payne Painting, ca. 1925

appraisal
American School Portrait, ca. 1820
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.


