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What to expect in 2019
As we head into 2019, what are going to be the significant events of the year from an auction perspective?
The one that immediately springs to mind is the 50th anniversary of the first Moon landing, which took place on July 20, 1969. The market for photographs and other collectables linked to the NASA programme, and particularly the Apollo 8, 11 and 13 missions, has blossomed in recent years, to the point that one leading dealer dedicated his entire stand to the subject at TEFAF Maastricht, the world’s leading art and antiques fair. Expect interest to peak in the June sales.
The world of rock and pop will enjoy a number of major landmarks, but the two stand-outs have to be the 50th anniversary of Woodstock on August 15 and the 50th anniversary of The Beatles’ Abbey Road album release on September 26.
Original Woodstock tickets have always done reasonable business online, but you have to be very careful about fakes. Don’t forget, too, that the tickets were actually printed for the original venue, Wallkill, New York, which rejected it. By the time 50,000 hippies turned up at Woodstock, where a farmer had offered some land as an alternative, it was too late to sort out alternative ticketing, and so the event turned free – a disaster for the organisers.
However, original film footage and photos should see a spike in prices in the earlier part of the year.
Bentley – still going strong at 100
Just before Christmas, I used this column to celebrate the unassailable greatness of the Rolex brand. Now, I want to reveal what, surprisingly, remains a little known fact about another magnificent brand – this time British: Bentley will be marking its centenary in about a fortnight.
As great a luxury marque as ever it was, this astonishing manufacturer started out in Cricklewood of all places, where its founder, W.O. Bentley, set up shop on January 18, 1919, a mere five years before his car won its first Le mans 24-hour race.
W.O. started as an apprentice railway engineer on the Great Northern, even working as fireman on the footplate, shovelling a total of seven tons of coal on one particularly long day.
What really got him started in the car business, though, was a bit of inspiration from a paperweight made of aluminium alloy, the metal he adapted fro use in making pistons for a modified camshaft. Sound too technical? Well it’s what helped him set a number of new records at Brooklands, and the rest is history.
The auction record for a Bentley? £5m paid for the 1929 Birkin Bentley at the Goodwood Festival of Speed in 2012.
Rolex – the ultimate in keeping glamour, luxury and riches to hand
Few possessions tell you more about the owner than a watch, and few watches tell you more about their wearer than a Rolex.
For a man, a watch is generally the one piece of acceptable jewellery whose appearance on the wrist says more about his status, wealth, masculinity and attitude than anything else. A Rolex is the closest most will ever get to owning the trophy boys’ toys of a Ferrari or top-of-the-range boat.
Women covet Rolex watches for just the same status reasons – all this on top of all that precision engineering. Among the top watch brands – Patek Philippe, Breguet, Cartier, Rolex, Bulgari, Longines, Omega… – something about Rolex stands out as the mark of ultimate luxury and achievement.
Because the company understands the power of brand so well, it has also mastered the long-term management and development of Rolex in as precise a manner as the scientific engineering of the watches themselves.
Limited editions are a potential attraction, as well as models with special associations. Can anyone think of any more desirable watch than Hollywood film star Paul Newman’s personal 1968 Rolex Daytona? A $17.75 million price tag for it in October 2017 shows that not many could.
A recent example in Fernhurst was the 1982 stainless steel Gentleman’s Rolex Oyster Perpetual GMT-Master we sold for £12,000, complete with the all-important original box and paperwork.
No wonder Rolex watches are seen as such a handy investment vehicle.
What’s in a name? Ask Lewis Carroll
Our latest Antiquarian Books sale provided an excellent illustration of why proper research is essential for the best outcome in any saleroom.
An inscribed presentation copy of [Charles Dodgson] Lewis Carroll’s Through the Looking Glass, from 1877 carried an inscription that read: “Mr & Mrs Dyer from the Author, Sep. 27/[18]77.”
The question was: who were the Dyers?
While the fact that this was a signed copy clearly added value and its inscription made it even more attractive, the burning question was: were the Dyers merely a casual acquaintance or significant figures in the author’s life? The answer, I’m delighted to say, proved to be the latter.
Our investigations revealed that the Dyers were the couple with whom Caroll took lodgings at 7 Lushington Road, Eastbourne, for his summer holidays. Remaining with them for July to October, 1877, his stay proved to be the first of many there that he undertook for the rest of his life.
Although nominally a vacation, the period provided him with the peace and quiet he needed to work, including on his new theory of voting used to develop a system of proportional representation, which still influences parliament today.
The estimate was £500-800, but this additional nugget of information led to a battle between a bidder on the phone from the USA and another in the room, with the hammer falling at £1100.
As I said, it pays to do your homework.