Sideroads Is There A Treasure Lurking
Transcription
Sideroads Is There A Treasure Lurking
Is there a treasure lurking in your attic? Rhino Horn Cup wellversed in Italian paintings, and sold it to another dealer for $1,750. That dealer in turn consigned it to auction – where it was estimated to be worth somewhere between $20,000 and $30,000. It eventually sold for $175,000 – a great coup for the second dealer, but the original owner and estate had lost heavily. Y o u all know the Cinderella story of the antiques world: dusty old knick-knack from great-aunt Gussie turns out to be worth zillions. It might surprise you to know how often this really happens, even in today’s softening market for antiques and collectibles. Which is why, if you’re named trustee (or executor/executrix) of a family estate, it can pay off to have professional help in assessing the value of that estate. Not only that, as governments tighten laws to make sure trustees report accurate values for estates being probated, knowing the true market value of your estate could keep you out of legal hot water. Here are just a few of the hidden treasures I’ve unearthed over the years: Rhino Horn Cup A truly dramatic story unfolded in my newspaper column in 2010. A woman asked me to asses a rhinoceros-horn cup originally brought to England by her husband’s great-grandfather after the Boer War. An Asian art expert I consulted on her behalf valued the cup at $70,000. However, it later sold at auction for $250,000. This lady was fortunate she had declined an opportunity to sell the cup some years earlier, for a pittance. Palizzi painting This painting by Italian artist Filippo Palizzi was sold about 12 years ago to a general antiques dealer. Unfortunately, this dealer was not particularly 26 SIDEROADS Lalique vase The owner of this beautiful amber vase invited an antiques dealer to her home to view a dining-room suite she had for sale. The dealer casually offered to take the vase off this woman’s hands as well – for a fraction of its actual value. Fortunately, the woman’s daughter was suspicious and contacted me through my newspaper column. Sure enough, the vase turned out to be an original work by French Art Nouveau glassmaker Rene Lalique, and worth upwards of $20,000. Banjo ments were. She promptly produced this beautifully inlaid banjo and played me a flawless Duke Ellington tune. The banjo – a 1920s Gibson tenor – turned out to be worth $20,000. Even though the family knew it might be valuable, they didn’t know how to sell something like this. It might have been sent to a thrift shop or sold through Kijiji. Fortunately, my client chose to have her estate appraised while she was still in good health. Pairpoint Lamp The owners of this accent lamp didn’t think much of it, and were considering giving it away. It turned out to be an original Pairpoint “puffy” lamp – so-called for the puff-style painted flowers decorating its shade. The American Pairpoint Corporation made high-quality art-glass lamps and lampshades between 1910 and 1920, and these items are much in demand by collectors today. This particular lamp was eventually valued at $12,500. Racing Car I stumbled across this banjo while appraising a collection of pottery and furniture for a remarkable lady well into her 90s. During the appraisal I noticed photos of my client and her sister playing banjos, and jokingly asked where the instru- fFall/Winter 2012/2013 Toys are a very solid and fun category for collectors, although they are often overlooked as not being particularly serious. This rare, foot-long, gas-powered car dates from the 1940s, and was originally made for adults to race on a track. Lalique Vase Decanter it Worth?) is read by over two million Canadians every week. The column currently appears in The Record, The Windsor Star, The Ottawa Citizen, The Guelph Mercury and The Moncton Times & Transcript. “I’M NO SOCIAL DIRECTOR BUT I UNDERSTAND FUN.” Decanter Amputation Saw 0230 This Hungarian decanter is well over 100 years old, and was made in the famed Zsolnay factory. It’s extremely rare and quite desirable on the collecting circuit, where it will be worth up to $20,000. What has life taught me? That a busy schedule, a love of learning and a positive attitude make all the difference. Trying new experiences, making new friends and contributing to my community are what makes life at Royal Palisade so enjoyable. From fitness classes to book clubs, from shopping trips to art exhibits, there’s something stimulating every day. And that’s what keeps life interesting. My client believed this to be a “fancy” old-fashioned mitre saw. It turned out to be a surgeon’s tool – an amputation saw made around 1550. Very rare, it eventually sold for $7,000. John Sewell of Stratford has been buying, selling and appraising antiques and fine art for over 30 years. His highly successful syndicated column, This Old Thing! (formerly So, W h a t ’s Call Valerie at (519) 271-9800 to book a personal visit or join one of our many activities. jo Ban 200 McCARTHY RD, STRATFORD Across from the Rotary Complex royalpalisade.com Check out our location in Goderich Goderich Place goderichplace.com