GUEST: My family lived in Germany in the late '50s and early '60s. And my father was kind of famous in our family for going around and finding things, and, uh, one day he came home with this.
APPRAISER: This is, uh, the equivalent of a 1890s jukebox.
GUEST: Yes, sir.
APPRAISER: Originally, the, the works were cylinder players, but when they came up with a disc player, then it became a much bigger sound. And the neat thing about this one, too, is that it was coin-operated. According to this, I guess it was the German equivalent of a nickel. This is made of walnut, very popular wood in the late 19th century. I love that gilt brass or bronze symbol on the front of there. And it looks like it has the old cloth. When you open it up... ...it has an original ad.
GUEST: Yes, sir.
APPRAISER: For Polyphon-- that was in there when, when your family got it?
GUEST: Yes, sir.
APPRAISER: This is the golden age of lithography. And they would have sent this to the retailer to hang up in the store to advertise. That alone is probably worth $1,000.
GUEST: Wow.
APPRAISER: They made these in a lot of different styles, bigger cases, smaller cases. And the death knell of these came from this magical phrase, "Mary had a little lamb."
GUEST: Oh, Thomas Edison?
APPRAISER: Thomas Edison.
GUEST: (laughs)
APPRAISER: The first recorded words. And they kept up with Edison for a while. They came up with the technology to do automatic changing on the disc.
GUEST: Mm-hmm.
APPRAISER: And actually, Regina came up with the Reginaphone, which would play phonograph records. So what do you think it's worth?
GUEST: I've looked online at different shops. I've, I've seen similar. I've never seen one exactly like it. I would guess somewhere in the neighborhood of $8,000 to $12,000.
APPRAISER: You're probably high there.
GUEST: Okay.
APPRAISER: There maybe will be some people, retail, that might ask that much. But at auction, my feeling would be that its value's around $6,000.
GUEST: Oh, all right.
APPRAISER: Of course, you add $6,000 for that, $1,000 for the advertising poster...
GUEST: Right.
APPRAISER: We're pretty close to eight.
GUEST: Yeah. (chuckles)
APPRAISER: I think we need to crank it up and see what it sounds like, don't you?
GUEST: Great.
APPRAISER: "Santa Lucia." ("Santa Lucia" playing)