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Doll kept at Woburn library for 89 years sells for $250,000

Reported by: Nicole Oliverio | Follow Nicole on Twitter
Posted: 05/22/12 at 4:45 pm    Updated: 05/22/12 at 5:03 pm
Tags: Richard Mahoney   Woburn Public Library   American wooden doll  

WOBURN, Mass. (WHDH) -- A doll kept in the Woburn Public Library for 89 years turned out to be worth a pretty penny.

The little wooden figurine brought the library more than $200,000 at a recent auction.

Officials at the library had no idea it was worth so much -- in fact, they originally had experts looking at another piece.

The 19-inch Native American wooden doll was hidden away upstairs in the museum at the Woburn Public Library for almost nine decades.

“The doll had a mask on its face, which by a lot of people from our backgrounds, would be frightening,” said Richard Mahoney, library trustee.

But the seemingly "ugly" doll fetched the library a pretty penny at auction.

“We had no appreciation of the value. A number of years ago I think in the ‘90s I think we had it appraised and it was about $2,000,” said Mahoney.

When the library had Sotheby's, a New York auction house, appraise a couple of busts, the doll caught the eye of the appraiser.

“He looked at the doll and appraised it and estimated it could be worth $50,000 to $70,000. And we were, ‘Wow, let’s get it ready and auction it off,’” Mahoney said.

Just weeks ago, it sold at auction for more than $250,000, netting the library $210,000 much to the surprise of the library's archivist.

“It had actually been catalogued as a Central American doll, so that was a bit of a red herring,” said Thomas Doyle, archivist. “I have a background in anthropology so I would have hoped to have seen that, but yeah, it was mis-catalogued. I did a little research, it was from a captain who was involved in a China trade and it came over very early in the 1820s.”

In an effort to raise money for a major renovation and addition, the library has been looking to sell archived items that weren't part of Woburn’s history.

Now, they're taking a closer look at their entire collection.

“My first reaction was, ‘let’s sell everything,’” Mahoney said.

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