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It looks just like a scrap of paper, but to some people it is the equivalent of a rather large bank note. Notes, letters, tickets and other ephemera (as they are collectively known) can take on an entirely different perspective when it comes to auctions if they are associated with a particular person or event that has captured the public imagination.

I was reminded of that this week when I read news of a letter dating to 1803 in which King George III revealed his intention to declare war on France. Snapped up for £11,000, it is a wonderful window on history, conveying some idea of the febrile atmosphere alive in England at the time, with fears of a French invasion in the year before Napoleon crowned himself Emperor.

While a letter from a monarch might be an obvious document to tuck away for posterity, other items are less so. Who remembers the 1966 World Cup scrap album, in which you could post stickers of every team player in the world? I had one of those with only one gap, the Uruguayan defender Néstor Gonçalves. I’m not saying its price at auction would be life changing today, but I could kick myself for losing it during a house move.

The lesson? You don’t have to be a hoarder, and a nice de-clutter every now and then can perk up the home, but just take a second look at anything that you might later regret letting go.