diff --git a/src/honeysql/format.clj b/src/honeysql/format.clj
index cace514..b42b020 100644
--- a/src/honeysql/format.clj
+++ b/src/honeysql/format.clj
@@ -247,9 +247,27 @@
         (into [sql-str] @*params*)
         [sql-str]))))
 
+(defn add-param [pname pval]
+  (swap! *param-names* conj pname)
+  (swap! *params* conj pval)
+  (*parameterizer*))
+
+;; Anonymous param name -- :_1, :_2, etc.
+(defn add-anon-param [pval]
+  (add-param
+    (keyword (str "_" (swap! *param-counter* inc)))
+    pval))
+
 (defprotocol ToSql
   (-to-sql [x]))
 
+(defrecord Value [v]
+  ToSql
+  (-to-sql [_]
+    (add-anon-param v)))
+
+(defn value [x] (Value. x))
+
 (declare -format-clause)
 
 (extend-protocol ToSql
@@ -303,20 +321,17 @@
         sql-str)))
   nil
   (-to-sql [x] "NULL")
+  SqlParam
+  (-to-sql [x]
+    (let [pname (param-name x)]
+      (if (map? @*input-params*)
+        (add-param pname (get @*input-params* pname))
+        (let [x (first @*input-params*)]
+          (swap! *input-params* rest)
+          (add-param pname x)))))
   Object
   (-to-sql [x]
-    (let [[x pname] (if (instance? SqlParam x)
-                      (let [pname (param-name x)]
-                        (if (map? @*input-params*)
-                          [(get @*input-params* pname) pname]
-                          (let [x (first @*input-params*)]
-                            (swap! *input-params* rest)
-                            [x pname])))
-                      ;; Anonymous param name -- :_1, :_2, etc.
-                      [x (keyword (str "_" (swap! *param-counter* inc)))])]
-      (swap! *param-names* conj pname)
-      (swap! *params* conj x)
-      (*parameterizer*))))
+    (add-anon-param x)))
 
 (defn sqlable? [x]
   (satisfies? ToSql x))
diff --git a/test/honeysql/core_test.clj b/test/honeysql/core_test.clj
index e58c49c..d7c5543 100644
--- a/test/honeysql/core_test.clj
+++ b/test/honeysql/core_test.clj
@@ -67,3 +67,11 @@
          (sql/format {:select [:foo (sql/call :cast :bar :integer)]})))
   (is (= ["SELECT foo, CAST(bar AS integer)"]
          (sql/format {:select [:foo (sql/call :cast :bar 'integer)]}))))
+
+(deftest test-value
+  (is (= ["INSERT INTO foo (bar) VALUES (?)" {:baz "my-val"}]
+         (->
+           (insert-into :foo)
+           (columns :bar)
+           (values [[(honeysql.format/value {:baz "my-val"})]])
+           sql/format))))