First Auction of the Year.
Added Sunday 23rd February 2014 at 19:44
The first auction of the year continued the
recent trend of having a global customer base taking an interest across all of
the main categories of the auction, with many of the potential buyers
committing sizeable bids on multiple items.
The sale had a significant contribution from 3 probates, which brought items
onto the market that really captured buyers interest for both ownership and
investment potential.
The first from a local house in Walton on the hill were five Art Deco bronze
and ivory figures with slight damage to some but all selling over the top of
their estimate. All five we`re bought on the phone by 3 separate buyers and
were sold at the following prices;
lot 541 Josef Lorenzl ` lady walking a hound` got £2700; lot 540 Joseph D`Aste,
`Dutch children` £1850, lot 542 Ferdinand Preiss, `Young girl` £1250; lot 539 a
Gallo £840, and lot 538 a bronze of a young girl got £640.
Also in the strong selling bronze section were lot 564 `a tortoise` raced to
£1250, lots 569 and 570, 2 Russian bronzes by Evgency Aleksandrovich sold
for £1650 & £1550 respectively, and another pair of bronzes, lot 592 sold
for £940.
In the picture section, the main lot was an oil on canvas by Thomas Baker, lot
250 depicting "an oak tree in stone leith park" which had a
conservative estimate of £300 to £500. This ended up with 8 telephone lines and
various buyers in the room showing interest and it finally sold to one of the
phone lines for £2000.
The silver and jewellery sections again sold well with only 5 items out of 300
lots not finding buyers. Of particular interest to the buyers were lot 327, a
heavy silver tray sold for £1700; lot 401 a distinguished conduct
medal £880; lot 471, a gold proof sovereign set sold at £1700 and a pair
Rolex gents and ladies wrist watches sold to a private buyer on the phone for
£3000.
The furniture kept up the good day with further surprises. A good quality
Waring & Gillows bookcase fetched £1650, a phone bid won the next, lot 727
a kidney shaped table for £2000, but the room bidders were not to be out
done and the next lot was bought by a buyer in the room out bidding the phones
this time for lot 728, a bureau plat £1150. The same buyer also bought lot 734
a continental cupboard for £900 and was the under bidder on lot 748 George III
oak Welsh dresser purchased on the phones for £1450.
The return on the whole sale saw the not sold rate at only 15% for over 800
lots and even with this amount the not sold items were placed into our shop
which saw half of these items finding buyers with in 3 days of going on our
shop.