Jan 25, 2021
Lockdown continues to confuse: what are the guidelines for auctions at the moment?
Premises must remain closed to the public but online-only auctions, website sales, ‘click and collect’ and deliveries can still be undertaken. Auction houses and valuers can also offer professional services.
The Society of Fine Art Auctioneers (SOFAA) has received confirmation from the Department for Digital, Culture, Media & Sport (DCMS) that art and antiques businesses can continue to trade through the latest alert level 5 national lockdown in England which was announced on January 4.
SOFAA chairman Helen Carless said: “DCMS confirmed auction houses must physically close to visitors but they can offer online-only auctions as they have been able to during both of the previous lockdowns.
“They can also continue to offer probate and other valuations.”
The Department for Business, Energy & Industrial Strategy also confirmed to trade paper Antiques Trade Gazette that “tradespeople that have to go to other houses to work can continue as long as they operate in a Covid-secure way”.
Many UK auction houses are adopting a ‘business as usual’ approach and are continuing to conduct sales and accept consignments into auctions to be staged in February and March.
So there you have it: while we cannot welcome you through the doors of our Fernhurst salerooms as we would like, if you want to get something valued, or want to sell it, or want to bid on something, all of this is permitted now under the conditions set out above.
I hope that helps!
Jan 18, 2021
Comic Cuts, Victor, Valiant, Eagle, The Beano, The Dandy, Whizzer & Chips – these are just some of the weekly comics that entertained youngsters from the 1930s onwards in Britain. Across the Pond in the United States, Action Comics led the way with its first superhero, Superman, in 1938. Copies of the first issue have changed hands at auction for hundreds of thousands of dollars, culminating first in a $1.5 million price in 2010, then a $2.16 million bid in 2011 for a copy owned by the actor Nicolas Cage, and then a $3.21 million bid in 2014. Key to those top prices was the pristine condition of the comics.
This month we have had two more reminders about what an astonishing market this is.
Comic store owner Billy Giles, who died in 2019, had bought a first issue of Batman – published in 1940 – for £2,200 in 1982. Now the all-but mint condition copy has sold at auction for £1.6 million.
Hard to beat? Yes, but Tintin, that great invention by the Belgian author and illustrator Georges Remi, known as Hergé, did just that in the same week.
OK, we’re not actually dealing with like for like here; the Tintin illustration was a framed original gouache, ink and watercolour painting produced for the story The Blue Lotus, the character’s fifth adventure. Nevertheless, in all essentials it relates closely to the Batman comic, especially as it was meant to serve as the cover picture for the story, but was rejected. The price? €3.2m or £2.8m.
So Batman may have more superpowers, but Tintin packs the greater punch.
Jan 11, 2021
Catch them early – that’s what they say. Well, one auctioneer has taken this to heart more than anyone else that I have heard of before as he handed the gavel to his three-year-old daughter.
Jasmyne Sitter took to the rostrum on January 2 in Michigan to close the bidding on an artwork after being lifted up there by her father Jordan, Prinicipal Auctioneer for Park West Gallery.
“Sold” she cried out, clearly delighted with her starring role.
OK, it may have just been a bit of fun, but I’m willing to bet that this moment will prove to be an enduring memory for young Jasmyne and thrilling enough to sow the seeds of curiosity in her father’s choice of career. In another 20 to 25 years, we may well see her conducting the entire auction, and that makes me think of who else might be running the world we love by then.
In other words, what makes a good auctioneer?
Assuming traditional live auctions will continue to take place by then – and I think they will regardless of how much timed online auctions come to dominate – it is certain that any auctioneer worth their salt will still have to be a bit of a showman (or woman). It is not just the art and antiques themselves that attract keen bidding, it is also the sense of occasion and the ability of the Master of Ceremonies (for that is what an auctioneer is) to generate the atmosphere and enthusiasm, to be able to read a crowd and, in keeping proceedings lively and competitive, not to lose sight of bids as they come in.
Jasmyne has plenty of promise; I’m almost certain she’ll be among them.
Jan 2, 2021
This is the time of year I like to look ahead to see what the next 12 months are likely to bring. If the last year taught us anything, it is to avoid predictions. So here goes: Auctions will continue to transfer increasingly online now that attitudes and confidence have caught up with technology. While we may lose some of the excitement of the live auction room experience, health considerations, as well as the convenience and cost savings of being able to do everything from the comfort of your own home will win through.
Brexit changes mean we will have to work harder on filling out customs paperwork for purchases sent overseas. It’s a pain, but something we will just have to deal with.
More people will start to buy fine art and more younger people will switch on to the possibilities and wonder of antiques as they log on to bid. Often they will come across antiques for the first time by accident as they scour online catalogues for luxury goods like jewellery and watches.
Anniversaries will play an important role once more: Chanel No 5 turns 100 in May, the month before Prince Philip reaches his centenary. Louis Vuitton turns 200 in August, while the pre-Renaissance poet Dante marks his 700th birthday in September.
November 11 marks the centenary of the first Poppy Day to mark the Armistice.
So much to remember, honour and celebrate.
Dec 14, 2020
A friend of mine has just bought a pair of perfectly serviceable table lamps from an online retailer. They will be delivered within the next week and should fit in with the interior décor of their house nicely. They look fine for what they are, but if I’m honest they are made out of fairly cheap materials and I suspect will have a fairly short shelf life, despite actually being rather pricey, to my mind.
I know I’m biased, but I would argue that with a little bit of patience and the help of a free online auction alert service, my friend could have found a much better pair of lamps of classic design and more solid materials in a saleroom like mine. Recycled, well designed, long-lasting, chic and almost certainly a great deal less expensive than the repro versions they have just bought, antiques like these are the ultimate ‘green’ must-haves that everyone keeps saying they want.
It’s still not too late to find that special something for your loved ones this Christmas at auction, and it’s as easy as browsing online and registering to bid. What’s more, it’s an exciting and enjoyable process. Why not give it a go.
Dec 7, 2020
One of the legacies of the Second World War and rationing was the hoarding mentality.
I can well remember an elderly relative who used to collect plastic and paper bags, as well as string. She would use the latter to tie up neat piles of the former and stack them – never to be used again – in the hall cupboard.
For today’s de-clutterer, this approach to life is as alien as it gets, but it was an understandable mental state for those faced with long-term uncertainty, and a hard habit to kick once the threat of war receded.
Really, we should be thankful for the hoarders, for without them numerous attic finds would never have emerged into the light. Some of the best stories we read in the news these days about auctions are those that involve the discovery of some extraordinary item that has been hidden away in a barn, old chest or mouldy cupboard.
It’s not just the windfall these can bring to their unsuspecting owners; it’s also about rekindling our burning curiosity for hidden secrets that have the power to transform lives. Perhaps that’s why tales of buried treasure feature so often in our literary canon.
My favourite story is about a man who bought a painting in a Philadelphia flea market for $4 in 1989. It was the frame he wanted and when he removed the picture to re-use it, he discovered an original copy of the Declaration of Independence hidden behind. Its estimate value? Around $2.5 million.
