GUEST
This gown is one of my favorites because-- and probably the most iconic, which is Billy Porter's kind of tuxedo gown at the Oscars.
APPRAISER
Absolutely. Just an amazing piece, and it's so inclusive in its design and eye-catching when he appeared on the red carpet.
GUEST
Yeah.
APPRAISER
And it's just a really amazing piece.
GUEST
I start with a sketch, we go into a pattern, we get fabric. That's pretty old school of making clothes, there's no big machines. We have seamstresses that are upstairs right now making the clothes by hand. So it's a really beautiful process, actually, that I think is kind of a dying art. (sewing machine humming)
APPRAISER
So, labor, time, what would you estimate your cost to be for something like the Billy Porter outfit?
GUEST
I think what was the most expensive was the yardage of the silk velvet...
APPRAISER
Mm-hmm.
GUEST
...which is probably one of the most expensive fabrics. So I think we were probably into that dress for maybe $7,500, in that world.
APPRAISER
Right.
GUEST
Which isn't crazy...
APPRAISER
Mm-hmm.
GUEST
But then it's kind of like, okay, then Billy wore it at the Oscars, what would I ever charge for this? You know, it's a hard thing.
APPRAISER
Your insurance value, I would think with that provenance and the uniqueness of the outfit
GUEST
Mm-hmm.
APPRAISER
that you'd probably want to insure it for at least double that.
GUEST
Yeah.
APPRAISER
And it's the kind of thing, you know, maybe if it were sold at a charity auction that also tied into Billy Porter-- the sky is the limit.
GUEST
Okay, good to know. If I ever sell it.
APPRAISER
I can't imagine that you would, no.
GUEST
Maybe, maybe really long down the road. Some of these pieces, really also just for me, like such great memories, it's hard to get rid of them.
APPRAISER
They're like your babies, they're your children.
GUEST
Yeah, little children.
APPRAISER
You created them, yeah.
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