Collectors are always concerned with value. What is it worth? With Avonlea’s annual Art Appraisal Day coming up, I have been thinking a good deal about the perception of value. It seems there are several categories in which items can be divided when considering their relative value. These categories are as follows:
The monetary value at any given point in time— this is pretty straight forward. In other words, what is the amount of money that is placed on an item based on certain factors? These include decorating/collecting trends, rarity, age, condition, details and composition, etc.
Historical value— does this item provide important information on a historical event or movement? Two examples include a document outlining a parcel of land during the foundation of a city or a “textbook” example of a furniture item from a certain period. Historical context not only provides important clues to age-old questionsbut can in turn increase the monetary value of the item.Items with provenance are usually more significant than those without any sort of documentation.

Sentimental value— what is the personal value placed on an item? An oil painting does not have to be very expensive or executed by a prominent artist in order to be cherished.

A combination of two or more of the above categories.

teddy bear  These categories can overlap— take family heirlooms as an example. These objects have a certain age and are usually passed down along with informative documents. On   top of this, these

  objects are sentimental to the family members who own them. 

  -Andrew Taggart

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...One of Avonlea's customers brought into the appraisal this wonderful example of an original Florida Highwaymen Painting.

Our customer had recently brought it down from Texas where it had been in pride of place for many decades.

This piece, although valuable, is worth more to its owners because of the family history and sentimental memories that are connected to this painting.