February 2013 Sale Report

 

IT WAS RATHER DIFFERENT THIS TIME

Activity and volume returned to normal in February following a slow start in January, the dynamics of the sale were somewhat different. Instructions had been received by bailiffs to dispose of a large consignment of high quality and very modern chattels, furniture, pictures, electrical, kitchenware, glassware and chinaware, so not our usual style, but nonetheless very saleable. We were under notice, however, that this substantial debt under which these pieces were being held could be cleared at any point prior to the sale, despite the items being catalogued and all the background work being done. In volume we had about three hundred lots from this consignment. Furthermore, if the debt were cleared during the course of the auction by proceeds raised, then the sale of items still to be sold on that account should cease and the remaining unsold property would be returned to the now former debtor. Not easy instructions!

Two things happened, the sale went ahead despite rumours that the debt was about to be cleared at numerous points prior to the sale. On the first day alone about two hundred lots sold so well, it cleared the outstanding debt resulting in the furniture on the second day being withdrawn from the auction.

A very large number of potential purchasers viewed the sale, particularly this consignment, either then attending the auction, leaving bids or bidding online (an increasingly popular method). These lots achieved the following random results, a canteen of Christofle cutlery £750, a Bang & Olufsen phone system £800, a Louis Vuitton briefcase £520, four Mont Blanc pens £330, three limited edition Marilyn Monroe photographs £2,500, an early 20th century oil on canvas by G Loppe showing a winter landscape £2,600, eight Japanese screen prints £500, six Global kitchen knives £260, two Lalique figures £760 right down to a box of Hermes and Burberry scarves at £240. This consignment had already raised £33,000 by the time instructions were received to halt the sale.

The remaining part of the sale saw a collection of fifty lots of oil lamps, parts and spares which totalled over £4,000, this is the first part of an extensive collection which will take several months to sell and these lots represented only fifteen to twenty per cent of the total collection. A Jumeau bisque head doll sold for £1,900, while a black and white lithograph portrait of Charles Dickens, together with a hand written letter from Charles Dickens to his doctor (Dr Hood) sold for £2,600.  A 19th century stick barometer made £850, while a small unframed ivory miniature portrait of a young girl with her hair in ringlets sold for£850. A gentlemenís full hunter pocket watch made £900 and an oval silver mounted tortoiseshell tea caddy £880.

Amongst the furniture a rare Regency concertina action dining table sold at £5,400, a Victorian walnut credenza £1,200 and surprisingly a 19th century hardwood screen with later inset tapestry panel and estimated at £80-£100 made £1,200.

A number of internet bidders registering here month on month has increased, this month it was in excess of four hundred, to understand more about how you too could use this facility, visit www.thesaleroom.com

Our next website is about to be launched over the next few days and will be much more interactive than the current website and will be updated with current news, photographs of upcoming lots, etc. Our forthcoming sale on the 19th & 20th March will include a larger than usual jewellery section and at the time of writing several probate valuations undertaken over the past few months have now been given clearance for sale and are being included in this forthcoming auction.

 

 

 

 

 

 

 

 

 

 

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