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Value for Grandfather Clock

A grandfather clock in a corner.This was my husband's parents' grandfather clock. It is a GMK Fancher - Melrose #301. It has mahogany veneers and solids with inlay and brass accents. It has 3 selections for chimes and also a silent mode. It seems to run great. I am just looking to see what it is worth. I'm not looking to sell, keeping it as a heirloom to pass down.

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A number posted inside a grandfather clock.
 
The inner working of a grandfather clock.
 
The inner working of a grandfather clock.
 
The pendulum of a grandfather clock.
 
The face of a grandfather clock.
 
A grandfather clock in a corner.
 

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Bronze Post Medal for All Time! 105 Posts
October 28, 20200 found this helpful
Best Answer

I am not finding any prices I can actually quote you on this because the few that I have found that were sold will not disclose the price they sold for. Many of these clocks are sold at auctions. I did however find one clock that was listed back in 2012 and sold but they refuse to disclose the price it sold for. However, they are willing to give you information about the estimated value of the clock.

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They are saying back in 2012 this clock value was $800-1200.

On another site, I see where they are saying that the clock could be worth $1000-3000. This was another auction site and the starting bid for this clock started at $1000 but then again they are not telling you if the clock actually sold or what it sold for.

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Bronze Feedback Medal for All Time! 196 Feedbacks
October 28, 20200 found this helpful
Best Answer

This article says your clock is from 1978 and after, making it a vintage piece.

www.fancherchair.com/.../GMK-FANCHERCLOCKCOMPANY-1975to1985...

What a lovely heirloom to have and pass down!! Perhaps in the future it will increase in value.

One of the collectible forums I belong to just had a discussion this week about Grandfather and Grandmother clocks and it was sad.

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The recommendation for them, especially good brands like Seth Thomas (and the GMK Fancher clocks like yours) is, if you are selling, to start high and take whatever someone will offer.

In some markets they can sell for $2500. In other markets the exact same clock will fetch $100. In a third market it may fetch $900.

If you are asking for insurance purposes, talk to your insurance agent and always follow their guidance for full replacement value (which is typically higher than "retail" value--meaning what you could sell it for if you sold it today).

I would doubt you would need a separate rider for it, but you can ask and see. Remember--if the value is $2500 (tops now and appreciation is low) figure out how many years you would be paying on it to get that value--if you pay 250 extra a year in 10 years you would have paid in the 2500 (if a rider was extra and you would get the same in a general replacement situation)--sometimes it is better just to put away your own money to save to replace on your own if needed vs. a rider).

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Thanks for sharing!!

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Bronze Post Medal for All Time! 140 Posts
October 28, 20200 found this helpful

This piece is beautiful and very well taken care of. I did not find this clock, but I found a similar one on consignment. You could take your pictures to a professional seller/appraiser dealer, to get the value and history. - The ones I have seen online are in the $1000's - www.chairish.com/.../gmk-fancher-victoria-antique

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Gold Feedback Medal for All Time! 949 Feedbacks
October 30, 20200 found this helpful

I'm glad you do not plan to sell this beautiful item and hopefully all the generations to follow will feel the same way.
Grandfather clocks can be 'appraised' for several thousand dollars and you can find all brands listed for sale from several hundred to many thousand but you will not find very many that have sold for any price in the last several years.

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It seems there are so many listed for sale and so few buyers which only shows these are not on very many people's 'wanted' lists.
I've even been in a conversation in a group and a teenager asked: "What's a grandfather clock?".

If you are interested in more information and a value for insurance you might try one of the free online appraisal sites as I have used these and received excellent information.
According to the type of insurance you have will determine if you need to present it to the company but you should keep it with all of your other insurance records.

instappraisal.com/forum
www.whatsellsbest.com/.../antiques.html

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