79833 Images: 1924 Lloyd Loar signed Gibson F5 Mandolin: Labels defaced, bears all attributes of a 12/1/24. The owner is not a mandolin player but more of a gui…, Gibson Lloyd Loar F-5 Fern Mandolin with Virzi dated March 1924. It's the type of F-5 that's very easy for us to identify the year from because I can tell that it's what we call a Lloyd Loar model F-5 with this fern inlay in the peghead. No ‘Virzi Tone Producer’ ever installed. Oops, looks like you forgot something. GUEST: Oh, my gosh! "I know there's a lot of envious people hearing that story..." Retail prices are different from wholesale prices. 1923 Gibson F-5 Lloyd Loar Mandolin $ 175,000.00. Context is key: Serial No. @RoadshowPBS, We're soaking up the story behind this @LeslieKeno appraisal! NOTE: This mandolin was previously for sale in … 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 @RoadshowPBS. As a rule, however, retail and insurance/replacement values are about the same. He purchased it from, I believe, a neighbor who at the time needed some extra money, and he wanted his son, my grandfather, to learn how to play a musical instrument. 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 And I opened up the case and there it was, this wonderful Gibson F-5 mandolin. The 1920s era Lloyd Loar Gibson F-5 Mandolins are some of the most valuable 20th century mandolins in existence. And he really was the father of the modern mandolin. This is the holy grail of mandolins. GUEST: During the Great Depression. 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. This information appears in the upper left corner of the page, with the label "Appraised On." March 31, 1924 Lloyd Loar signed Gibson F5 Mandolin: Fern, silver hardware, peculiar date, serial number appears to be altered, but likely factory. Appraiser affiliations: Gibson F5 “Lloyd Loar” Mandolin. Lloyd Loar was an acoustic engineer and great mandolin virtuoso who worked at the Gibson company back in the '10s and '20s. Fiddler: Miracle of Miracles; One Man, Two Guvnors; Irving Berlin's Holiday Inn, and Lea Salonga in Concert. Technically, an "appraisal" is a legal document, 110 year later came this "The Gold Royal" typewriter… A weekly collection of previews, videos, articles, interviews, and more. Your purchases also help protect forests, including trees traditionally used to make instruments. also contains a complete list of active ROADSHOW appraisers and their contact details and biographies. Extraordinary looking quarter-sawn maple on back and sides. location where the item will be sold. Our Appraiser Index To see current contact information for an appraiser in the Although our valuations are based on research and experience, opinions can, and sometimes do, vary among Find everything you need to make music. APPRAISER: Right, that being said, I would say these days, a correct asking price through a dealer in a shop would be about $175,000. Listen carefully. "retail," or "for insurance purposes" (replacement value). GUEST: It was purchased by my great-grandfather during the Depression. And I thought, "Can it be?" * Due to the historical significance of this piece, we kindly ask that any interested buyer contact us to make an appointment to see and evaluate this instrument in person before finalizing sale. Learn 3 ways that Haring shows the world that art is for everyone. And he really was the father of the modern mandolin. Note the date: Made in July 9, 1923 (the same month/year as Bill Monroe’s F-5), by famed luthier Lloyd Loar. Take note of the date the appraisal was recorded. *It will be available for inspection by qualified buyers by advance appointment only. And though PBS is a 501(c)(3) not-for-profit organization. ROADSHOW Archive, click on the link below the appraiser's picture. The thicknesses of the plates inside are tuned like a violin. Local music shops & gear makers are open online and ready to ship your dream gear. #antiquesroadshow Explore how craft is intertwined with our nation's defining principles. Most of our experts will give appraisal values in context. Value can change: *  It has inside the Gibson label with serial number, as well... and the other side, it's got the master model label. ©1997 – 2020 WGBH Educational Foundation. The values given by the experts on ANTIQUES ROADSHOW are considered "verbal approximations of value." APPRAISER: And Loar was the first guy to do this to a mandolin. collectibles, market trends, and other factors. Executive producer Marsha Bemko shares her tips for getting the most out of ANTIQUES ROADSHOW. From what I understand, he paid $20 for it, and at the time, you know, it was estimated probably around $600 is what I'm told. is so often "It depends.". *This item is not stored on site in our store*At that time we can also discuss special handling and payment requirements for this high value item. An appraisal usually involves an extensive amount of Values These are just some of the reasons why the answer to the question "What's it worth?" Please check the fields highlighted in red. As with all appraisals, the verbal approximations of value given at ROADSHOW events are our experts' opinions formed from their knowledge of antiques and APPRAISER: Lloyd Loar was an acoustic engineer and great mandolin virtuoso who worked at the Gibson company back in the '10s and '20s. It's been in a closet in a farmhouse for many, many years. than retail. If I had to grade it in Gibson mandolins, or Lloyd Loar mandolins, I'd probably put it in the top ten percent of the ones I've seen. research to establish authenticity, provenance, composition, method of construction, and other important attributes of a particular object. experts. And what he did to make the mandolin what it is today is... he did various things to it like internally, it has parallel tone bars. Antiques Roadshow on Facebook, William Austin Burt patented the U.S.'s first "typographer” on July 23 in 1829. APPRAISER: Well, when you walked in with this, I saw the case, I went, "Oh, my God, I know what that is." Often an auctioneer will talk about what she Earlier mandolins had shorter necks. Additional funding is provided by public television viewers. ANTIQUES ROADSHOW is a trademark of the BBC and is produced for PBS by GBH under license from BBC, Worldwide. By clicking Subscribe, I agree to the processing of my data in order to receive emails. APPRAISER: It has an elevated fingerboard, elevated over the body. 72207, signed Feb 26,1923 Beautiful “Tobacco” Cremona finish. And it is arched like a violin and tap toned, meaning internally tuned. Your purchases help youth music programs get the gear they need to make music. Opinion of value: Loar also developed this nice little, neat screw-in Pickard clip, which was a lot neater than the earlier ones. knows best: the auction market. The 1920s era Lloyd Loar Gibson F-5 Mandolins are some of the most valuable 20th century mandolins in existence. Verbal approximations: For example, you'll often hear them say what an item is worth "at auction," or Gibson had been making these F-style mandolins from the turn of the century on, but this innovation in mandolin making was something that Loar excelled in, and this became basically the prototype style for all mandolins to come. It has two F holes, like a violin, and actually, similar to a violin, it has the bridge positioned around the center of the body, around the center of the arch. It has 15 frets to the body. Now, this was the professional, master-grade mandolin that Gibson put out late 1922 and onwards. Finally, the affiliation of the appraiser may have changed since the appraisal was recorded. Funding for ANTIQUES ROADSHOW is provided by Liberty Mutual Insurance, Ancestry, and Consumer Cellular. generally for insurance purposes, written by a qualified expert and paid for by the owner of the item. The actual value of each individual specimen varies greatly depends on the specific tone, date of production and appointments such as side binding and virzi. Follow this product to see new listings in your feed! And these early ones, the ones made while Loar was at the factory from late 1922 through 1924, we call them Lloyd Loar model F-5s.