Money Money Money
Added Wednesday 02nd April 2014 at 09:46
Money Money Money! A single house probate revealed nothing until the back bedroom offered up its treasure. A wooden trunk that had been sitting there undisturbed for some time was full of modern coinage. It took a day to unwrap, catalogue and photograph the coins and then organise in a way that amounted to 150 lots whose estimated combined value was £12,000 to £18,000.Enthusiastic multiple bidders at auction meant that the final total was in excess of £25,000 with every item finding a buyer.
As the auction progressed, it started slowly in china and glass until lot 51, a pair bohemian glass vases estimated at £160 to £240 finally caught the buyer’s attention selling at £650. Having found their appetite, the auction began to move at pace, and this progressed when the silver section started, with only one item of not selling. The stand out item was lot 413 with an estimate of £1000 to £1500.With two people in the room and two buyers on the phone battling it out, it finally concluded with the two telephone bidders competing enough for the final selling price of £3150.
Brisk buying also meant that the jewellery sold well, with again only a handful of items not finding buyers. After lunch came the collectables which started with a two piece back violin labelled “Ernest Heinrich Roth” selling for £740 against a £140 reserve, two masonic snuff boxes (lots 771 and 772) sold for £530 and £580 respectively against estimates of £50 to £80 bought by a collector over the phone. The next lot was also purchased on the telephone from a buyer in Hong Kong who purchased lot 773, a tortoiseshell card case for £1100 which had an estimate between £140 and £220.
In the clock section, lot 795 a Eurera Clock Co Ltd electric clock sold for £840, from an estimate of £60 to £100, and lot 799, a clock garniture was purchased on the phone from a buyer in Canada for £2150 from its estimate of £300 to £500.
In furniture, the most notable item was a George III cricket table, lot 823, selling to a London dealer on the phone for £1200 from its estimate of £400 to £700.
Overall March’s auction was busy and productive, with success both in the room and for the telephone bidders. The sale which consisted of 850 lots had only a 14% not sold – a fine result.