June 2016 Sale Report

 

BETTER TIMES AHEAD?

With the auction at Wotton-under-Edge conducted in the days leading up to the European Referendum, one wondered how this would affect the outcome.  In the event, while the result of the ballot surprised many, the auction sailed through with interest in all areas.

The highest price for the sale was taken for a continental table cabinet, probably German, in very poor condition, having languished in a local farmhouse (with pieces dropping off) for as long as anybody could recall.  The auctioneers were concerned that the condition was so poor that it had gone too far to be of any serious interest, the estimate of £200-£300, however, proved too cautious with a winning bid of £2,000 from Germany via the internet.

A collection of Georgian fire arms mounted as wall pieces for the last twenty five years in a dining room, saw an early Brown  Bess musket, a further example,  a pair of East Indian Company flintlock pistols and two pocket pistols totalling £2,180.  The silver and jewellery section saw virtually every lot sold with some buying on the hunch that the Brexit vote would win the day.  Should that happen the value of sterling would surely fall and investors would immediately retreat to the safe haven of precious metals, this is often the case in times of uncertainty.  For instance two 9ct gold cigarette cases, really of little use in today’s world, sold for £1,740.

Other objects of interest included a stuffed and mounted pike at £530, a six foot model of The Bismarck £420, a pair of Victorian oil paintings by B Cook £600, and a Victorian extending mahogany dining table at £820.

The next month’s sale will include a really good selection of jewellery with an emphasis on diamonds and emeralds, a collection of some ninety paperweights, interesting equestrian oil paintings from the early 19th century and a very large collection of good garden stoneware, troughs, statues and other ornaments being sent in from as far away as Cardiff.  These rooms seem to have built up a very good name for being able to sell interesting outdoor effects.  This will be accompanied by a good collection of period oak furniture. 

The much followed television antiques programme ‘Antiques Road Trip’ will be in attendance filming the July sale of the contestants purchases.  As for the future? There will be changes ahead, the pound is currently at its lowest point for some thirty years against many currencies which will encourage foreign buyers including the Americans, not really seen here in any number for some years.  Gold and silver prices have already risen steeply and it will be an interesting few months ahead.  Here at Wotton-under-Edge we are positive that there will be renewed interest in antiques and objects of quality of all types.  The next sale will be held on July 19th/20th and the saleroom is filling well.                   

 

Lot 1452 - Sold for £2,000

Lot 612 - Sold for £1,420

Lots 227 & 228 - Sold for £1,740