Everyone must have had the dream of finding something valuable in their attic or cellar. But now, with all the TV programmes, from Cash In The Attic to Fake or Fortune, we must have arrived at a time when there can be nothing left to find?

Don’t be too sure. As reported in the past week, an auctioneer trawling through the contents of a dusty old garage in Bath recently came across several treasures: an autograph book dating back around 120 years and containing the signatures of no less a cricketing celebrity than W.G. Grace and other greats from the crease; and several letters handwritten by Grace himself from the mid to late 1890s.

What’s more, the provenance was impeccable: they came from the estate of John Douglas, who played the great game with Grace and his son.

The autograph book also contains the names of players from the touring sides of Australia and the West Indies.

The letters were written to Edward, Lord Somerset and discuss life at the time around Bath and Bristol, hunting, shooting and, of course, cricket.

The autograph book took a cool £11,600, while the letters totalled £1,000.

Still think it’s not worth digging about in the dust and cobwebs?

The Beano, The Dandy, Valiant, Eagle and Whizzer & Chips were all weekly comic thrills from the 1930s, 40s, 50s and 60s onwards. Bought for a few pennies, they livened up the end of the week, just as youngsters were preparing for the Saturday morning trip to the cinema for a programme of westerns, cartoons and the like.

Characters like Desperate Dan, Korky the Kat, Billy Whizz and the Bash Street Kids were our heroes as we chuckled at their adventures. What we never thought then, as we crumpled the weekly issue and discarded it in the bin, was that we were chucking out a fortune in future collectables.

It’s not so long ago that a first issue of Action Comics from June 1938 broke the auction record for a comic at over $3 million – the cover unveiling Superman for the first time. Additional copies of this rarity followed suit at even higher prices, while other heroes also made their mark in the millions, culminating in $3.6 million for Spiderman’s first appearance in 1962.

Now, however, this frenzied world of collecting has gone one better, with a $3.4 million bid for a single original drawing for a Spiderman comic. Dating to 1984, it shows the webbed wonder clad for the first time in his figure-hugging new black suit.

Even that’s not the record, though. A single original drawing from Tintin and The Black Lotus, by Hergé, took the equivalent of $3.8 million in Paris a year ago.

Where will it all end? Probably with prices soaring a great deal higher now so many of the new multi-millionaires and billionaires are in their twenties and thirties and grew up on this fodder.

So many factors come into play when buying and selling at auction that it can be difficult to assess how the market in any particular object or collecting field is doing.

For instance, it is counterintuitive that as an artist becomes more successful, their average lot value can actually decline. Why? Because while they may sell more masterworks at higher prices, they can also start selling much higher numbers of lower value drawings and prints and this dilutes the average price.

Auctioneers have to be careful not to flood the market, which can also depress prices and sell-through rates, thereby damaging the market for an artist or collectable. This means that they have to have a reasonable idea of what the market can take at any given time – and must be able to gauge this for a multitude of items.

Prices may also vary depending on when items are put up for auction: sales of vintage ski posters, for instance, tend to be held in February and March, when the ski season is getting underway and the rich are thinking about their chalets.

How things are presented at auction is another important factor, as is where they should appear in the line of lots so that the auctioneer can build a crescendo of buying and revive flagging interest at key points in the proceedings.

In fact, the psychology of the auction process would make a fascinating theme for a book.

This is the final set of predictions for 2022 from Antiques Roadshow expert Mark Hill, written in partnership with the CEO of the company he now works with, Ronati.

They continue like this:

The market will look inward if international shipping remains a serious challenge. This means that dealers will look for new collecting fields and opportunities to market items that have so far been overlooked or neglected. We could see a significant expansion of British Folk Art as a result.

Creativity. The greater the challenge, the more inventive and ingenious people tend to be in finding a way around it. After two years of frustration, we should be ready for a mini Renaissance in terms of cultural and business creativity. This could mean rapid progress in developing technology and marketing within the art and antiques market. All of this adds up to widespread opportunity.

I have found these predictions – set out over the past three weeks – fascinating and very much in tune with the way I see things. To quote Stacey Tiveron, Ronati’s CEO, whatever the technological and marketing developments the following remains true:

“Essentially, we are potentially entering an era of unprecedented opportunity for those with the right mindset,” says Stacey Tiveron. “This does not mean a change in values – expertise, knowledge, quality and striving for the best will always be key to success – but we have to open our eyes to new activity that may not even appear to be part of the market at first but could turn out to be the next big thing in it.”

Expertise and customer service are at the heart of business success in the auction industry, never more evident, I hope, than in our special valuation days, which launch again in the new year.