Nantucket Lightship Basket Purse Value Guide

Originally developed as utilitarian tools on 19th-century lightships, these baskets evolved into iconic 'Friendship Purses' under the influence of José Formoso Reyes. This mid-century example features a distinctive carved dolphin ornament and represents a prestigious status symbol of Nantucket island heritage.

What Is Nantucket Lightship Basket Purse Worth?

The typical price range for Nantucket Lightship Basket Purse is $585 - $650 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The condition and intricacy of the carved dolphin ornament and the integrity of the bone or ivory-like clasp.
• The tightness and uniformity of the rattan weave and the preservation of the oak or cherry wood base.
• Provenance or attribution to a specific Nantucket weaver, which can significantly influence the $585-$650 price range.
• The overall structural stability of the lid hinges and the lack of breakage in the delicate rattan staves.

How to Identify Nantucket Lightship Basket Purse?

• Look for the signature oval lidded design with a tightly woven rattan body and a solid wood base made of oak or cherry.
• Check for a decorative top ornament, such as a carved dolphin, typically made from bone or fossilized ivory.
• Examine the clasp and hinges for authentic bone or ivory-like materials consistent with 1960-1980 craftsmanship.
• Verify the presence of a maker's mark or signature on the bottom, often associated with the José Formoso Reyes style.

History of Nantucket Lightship Basket Purse

Originating in the 19th century aboard lightships stationed off the coast of Nantucket, these baskets transitioned from utilitarian tools to high-fashion accessories in the mid-20th century. José Formoso Reyes is credited with adding lids and decorative carvings to create the 'Friendship Purse' style seen here, which became a signature status symbol for visitors and residents of the island.