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“We don’t put estimates on lots as they either make you look wonderful or make you look stupid.”

Gordon Pirie of Elgin Auction Centre which made a new house record last week with the sale tribal clubs to online bidders for a combined £46,500.

“The online marketplace is a related, yet distinct business opportunity… One with a different competitive landscape and reduced traditional expenses - that demands a different approach to pricing.”

Tad Smith, Sotheby’s chief executive, scrapping buyer’s premium for online-only auctions. 

“The application today is for a confiscation order to be made in the form of a nominal sum of £1.”

The prosecution at the proceeds of crime hearing this week for Richard Pearson’s forgeries of Norman Cornish. Pearson has been jailed for more three years but has no available assets.

“His collection has got out of hand and his wife would like to be able to hang pictures on their house walls rather than guns! His collecting interests seem very wide.”

Liz Chilcott of Chilcotts Auctioneers on the consignment of a trench art knife by a former policeman and avid collector.

“There will be dealers hoping to find specific clocks, collectors looking for the next clock or watch on their list or starter-makers looking for projects.”

Josephine Stephens of the British Horological Institute who is launching a clocks and watches fair at Upton Hall.


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