in the Attic"
to Madison for appraisal event
(September 2007) Dont throw away that
dusty little table sitting in the shed or that old ceramic vase decorated
in chartreuse and orange flowers thats been in the attic for decades.
Both of those items may be priceless treasures waiting to be discovered.
appraiser Tim Luke will
discuss the changing values of
collectibles when he speaks at
the Lanier Mansion event.
Thats exactly what expert appraiser Tim Luke, from
the popular HDTV cable network series Cash in the Attic,
will discuss when he speaks at the Lanier Mansion at 7 p.m. Friday,
Sept. 7. After the discussion, Luke will conduct a short auction, during
which attendees will be able to bid on a variety of donated items, including
the opportunity to have a private Cash in the Attic experience
with him in their own home on Sunday, Sept. 9. Guests will also be able
to bid on a chance to sit with Luke during a 10 a.m. to 4 p.m. Appraisal
Day Program on Saturday, Sept. 8, at the mansion and observe the appraisal
The admission fee for the Friday evening discussion will be $10, which
includes a wine and cheese reception which precedes the event at 6:30
At the Appraisal Day Program, participants will be able to bring up
to four items, excluding guns, knives, coins, stamps and fine jewelry,
and have them appraised. The cost to get each item appraised is $10,
and the appraisals will be done on a first-come, first-served basis.
Later that evening, Luke will be the honored guest of the Black
and White Gala, a fundraiser that will be held on the Lanier Mansion
grounds. Proceeds from the Cash in the Attic programs and
the Gala will benefit the Lanier Mansion Foundation.
Luke, in an August telephone interview, said he loved visiting Madison
last year. Madison is a wonderful slice of Americana and we really
enjoyed our visit, he said. From the restaurants to the
hospitality of the people, everything was just great.
Luke, who grew up in Ohio but currently resides in Hobe Sound, Fla.,
said he stumbled into the business of appraising. My father is
a pack rat, so its simply in my genes, he said.
He went to work at the famous Christies Auction House in New York
City, where he received his training. He was the director of the collectibles
department thee and oversaw sales of animation art, Hollywood posters,
entertainment memorabilia, sports collectibles and comic art.
During his time at Christies, Luke was part of many high profile
sales including the first-ever Pez dispenser sale, the first-ever all
G.I. Joe sale, which brought in a record $5,750 for one of the action
figures, and the amazing $640,500 sale of a Honus Wagner baseball card.
During the Friday night talk, Luke plans to discuss how the collectible
and antiques markets work. I want to help people to understand
how the value of these items can change, he explained.
He compared the changing values of collectibles to changes in the stock
and housing markets. Most people dont understand that the
value of these items can go up and down, just like housing and stock
Tim is a very entertaining guy, and he will present another fast-paced
and enjoyable program this year, said Lanier Mansion site manager
Reilly was the key figure in getting Cash in the Attic and
Luke to come to Madison. Before coming to Madison to work at Lanier,
Reilly worked in Wheeling, W.V., for 20 years at Oglebay Mansion and
Museum. When he left there, the person who took over for him knew Luke.
Reilly became acquainted with Luke through that contact and convinced
him to come to Madison for a show.
I met him and talked about Madison, and he agreed to do it,
This will be the second consecutive year for the show at the Lanier
Mansion. At last years appraisals, an unusual church Bible from
the 1700s was appraised at $10,000. Usually family Bibles are
not worth that kind of money, but this one was extremely unusual,
Most of the other items brought to be appraised were decorative ceramics
and glass, artwork and a few pieces of furniture. There were some
that were disappointed because they though they really had something,
said Reilly. Then there were others that were pleasantly surprised.
Luke said that most of the time, if people genuinely dont know
whether they have something valuable, they are grateful for his appraisal.
However, many times the people who think they have something really
priceless can be disappointed to find their item is worthless.
Back to September 2007