GUEST 1: I believe it was owned by my great grandfather in London, England.

APPRAISER: Mm-hmm.

GUEST 1: He collected art, uh.. APPRAISER: Yeah.

GUEST 1: £for a period for The British Museum, and I believe this was his.

It came over to Canada just after the turn of the century with my grandfather.

We rescued it several weeks ago as my mother was about to throw it into the garbage.

APPRAISER: You're kidding me.

She was gonna throw it out?

GUEST: 1: Oh yeah.

GUEST 2: She had it in the garbage bin.

APPRAISER: I, I guess she didn't, didn't look like much.

It was all beat up and that sort of thing.

GUEST 2: Dusty.

APPRAISER: Dusty, yeah.

GUEST 1: Very much so, yeah.

APPRAISER: Do you know who the artist is?

GUEST 1: No, we know nothing more about it than the fact that it, uh, is old and-and looks old.

APPRAISER: Yeah, yeah, well, it's actually a fairly important, uh, Dutch artist in the 19th century.

A man by the name of Johan Barthold Jongkind.

And it's a very early work for him.

He was born around 1819.

He did watercolors throughout his life.

And this one is, is-- it's actually signed and dated down here.

GUEST 1: Right.

APPRAISER: "Jongkind, 1844."

So he was 23 years old when he did this.

His academic training shows through.

In his early training, he later goes on and becomes influenced by the impressionists and becomes a very important Dutch artist.

There are a number of, uh, labels... ...by a variety of different people, French and English people, when this was owned probably by other dealers.

GUEST 1: Yes.

APPRAISER: You say your grandfather was... GUEST 1: Great-grandfather in London.

APPRAISER: Great-grandfather, okay.

So he may have picked this up somewhere in late 19th century.

GUEST 1: Late 19th century, yes.

APPRAISER: Which explains some of the sales notations on the back.

GUEST 1: Yes.

APPRAISER: Now, do you-- no one ever valued this at all or anything?

GUEST 1: Absolutely not.

GUEST 2: No, no.

APPRAISER: You never had an estate appraisal or... GUEST 2: It really-- that's why it was in the garbage bin.

(both laugh) GUEST 1: Exactly.

In fact, today, um, my wife wanted to bring down a couple of pieces of silver, and, uh, when I initially went to take this out, she said, "you really don't want to take that old thing, do you?"

(both chuckle) APPRAISER: Really?

This piece, as I mentioned, is an early work for him, before his Impressionist style.

GUEST 1: Sure.

APPRAISER: I think a nice early watercolor by Jongkind in this quality would probably be worth about $5,000.

GUEST 1: Really?

That's great.