Antiques Roadshow To Feature First Million-Dollar Appraisal
A woman brought four pieces of carved Chinese Jade that she inherited to a Roadshow event in Raleigh, North Carolina over the weekend. The pieces of carved jade and celadon dated from the Chien Lung Dynasty (1736-1795) and included a large bowl crafted for the Emperor. Asian arts appraiser James Callahan said that a mark on the bottom of the bowl indicated it was created for an imperial order. The pieces were given a conservative auction estimate of up to $1.07 million. This is far and away the biggest appraisal in the show's 13-year run, the previous record was a 1937 painting by Clyfford Still which was estimated at around $500,000. The excitement generated by this appraisal will doubtlessly send many people scrambling to the attic to revisit the treasures they've inherited. A word of caution though, an appraisal is no guarantee of a final sale price.
The British show of the same name produced by the BBC had its first million pound appraisal ($1.655 million) last November for a a scale model of Anthony Gormley's artwork, "The Angel of the North." But this week that show was also in the news when an expert from the show recognized a lost Thomas Gainsborough masterpiece at a Sotheby's auction last December. He bid for the painting over the telephone, knowing that although Sotheby's had estimated it at t £10,000 to £15,000 it was worth far more.Phillip Mould, who recently published a book called Sleuth: The Amazing Quest For Lost Art Treasures, paid around £50,000 for the painting. Now that the painting has been authenticated as a Gainsborough by several experts he is offering it to the Gainsborough's House museum in Sudbury for £750,000. And Sotheby's may be stuck with compensating the previous owner in some way for drastically underestimating the painting's worth.
UPDATE: Since there's a spirited conversation going on in the comments about whether or not young people are interested in antiques, I've added a poll. Please vote.
|No Way||2513 (12.0%)|
|Not as much as older people do||10662 (50.8%)|