"The Grabhorn Press" Sign, ca. 1940
GUEST: It's been on the wall of my house my whole life. My father was a writer. And he traveled all around a lot in the '60s...
APPRAISER: Uh-huh.
GUEST: And, uh, he lived in San Francisco for a little while. And he came back with it.
APPRAISER: The Grabhorn Press was founded in San Francisco in 1919, and it really was the most distinguished fine press on the West Coast for almost 50 years. Edwin and Robert Grabhorn had come out from Indianapolis and formed this press, printed many things in very limited quantities 100 copies, 30 copies and were very, very famous, even to this day, as essentially the founders of the fine press movement in the West Coast. There are many, many collections of these books, but you very rarely see things that are one-off from the press itself since it was disbanded in 1965. We're pretty certain that this was either created from a friend or admirer of the press and hung in the press's store. You have here, which is a fish and a trumpet that is, uh, the equivalent of their imprint on every cover of each book. So, for a collector of Grabhorn memorabilia, this is really a fabulous item. Because it's so unique, we, conservatively, as a group, estimate it at about $700 to $900.
GUEST: Oh, wow.
APPRAISER: But it may well be something that would go for significantly more than that for the right kind of collector.
GUEST: Mm.
APPRAISER: It's a really incredible piece of authentic San Francisco history.

$2,000 - $3,000 Auction
$700 - $900 Auction
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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.


