APPRAISER: What we're looking at here, the face of the object, is an Ottoman Turkish horse blanket. And it's metal thread that's been embroidered on velvet. And it's a type of object that would have been incredibly popular and collected at the end of the 19th century and the early 20th century. This piece is probably worth about $1,000. And the reason it's worth $1,000 is that if we look at the back, it's been lined with a Central Asian silk peacock, which is another type of fabric that, in the end of the 19th century, was only considered worthy of being used as a backing material. But today, all of the interest for collectors is actually in the backing material and not the surface.
GUEST: (laughing) Unbelievable.
APPRAISER: It's a great explanation as to how value changes and how the market changes, out of interest.
GUEST: That is amazing.