Auctioneers

The auction process is a key part of the secondary art and antiques market.

Firms of auctioneers usually specialise in a number of fields such as jewellery, ceramics, paintings, Asian art or coins but many also hold general sales where the goods available are not defined by a particular genre and are usually lower in value.

Auctioneers often provide other services such as probate and insurance valuations.

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The Iraqi note now worth £100,000

12 February 2024

This Iraq specimen banknote printed in India during the Second World War sold for £100,000 plus 24% buyer’s premium at Noonans on November 29-30. It was purchased by a lifetime collector or Iraqi banknotes at double the low estimate.

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Banknotes from coronation year

12 February 2024

Spink’s April 13 banknotes sale included a near-complete run of Malaya & British Borneo Elizabeth II specimen notes issued in the coronation year on March 21, 1953.

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Comprehensive East India Company collection

12 February 2024

A remarkable Canadian single-owner collection of coins of the East India Company was offered by Noonans on February 8-9, 2023.

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Masterpiece of Greek numismatic art

12 February 2024

One of the great masterpieces of ancient Greek numismatic art, this silver tetradrachm was struck in c.460BC in commemoration of the refounding of the city of Naxos. Its citizens had been exiled to Leontinoi by the tyrant Hieron of Syracuse.

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West Country painter Michael Morgan's work offered en masse for first time

12 February 2024

Core group of 14 works by the artist on offer could represent significant moment in secondary market

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Persian and Greek tributes paid

12 February 2024

Mithradates IV was ruler of the Hellenistic kingdom of Pontus in northern Anatolia from 169-150BC. He ushered in a period of relative friendship with the Roman republic that would continue until his grandson Mithradates VI (the Great) became its most formidable and determined opponent. Mithradates IV’s coinage draws attention to his Persian and Greek origins.

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Argentina starts to emerge in coins market

12 February 2024

Prior to its unification, what is now Argentina was comprised of over a dozen autonomous and semi-autonomous regions.

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Dambuster scored a direct hit using bombsight he designed

12 February 2024

The Distinguished Flying Cross group of five given to Flt Lt Edward ‘Johnnie’ Johnson, who flew during Operation Chastise – the Dambusters – was sold for £105,000 (plus 20% buyer’s premium) at Spink on November 29.

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Italian tazzae take top prices as part of Belgravia selection

12 February 2024

The first part of a sale offering the contents of a house on Belgrave Square went under the hammer at Bellmans (25% buyer’s premium).

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Coins & medals: Stable currency but market is far from static

12 February 2024

Total sales across London coin and medals auctions were £61.6m in 2023, just a fraction down on 2022’s record aggregate

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Octavian coin sets a house record

12 February 2024

Spink posted a house record for a classical coin when it sold this Julius Caesar and Octavian gold aureus on April 3 for £220,000 plus 20% buyer’s premium against an estimate of £60,000-100,000.

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Classic Ashbee piano comes with fine provenance

12 February 2024

Heading Sworders’ (25% buyer’s premium) January 16 Design sale in Stansted Mountfitchet was a recently rediscovered version of one of the best-known Guild of Handicraft designs.

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Slave trader who repented his sins tells his own story

12 February 2024

John Newton (1725-1807) is today perhaps best remembered as the writer of the hymn Amazing Grace. However, before his religious conversion he spent his early life as a slave trader.

2630 NE Hanson Bellerophon Sofa

Bony slept here: Souvenirs from Napoleon's surrender come to auction

09 February 2024

A cache of memorabilia from the descendants of Captain Frederick Lewis Maitland – the officer Napoleon surrendered to aboard HMS Bellerophon on July 15, 1815 – is coming to auction.

George Mitchell VC Obverse

London Scottish Regimental Trust to sell Victoria Cross to fund upkeep of Westminster home

09 February 2024

The London Scottish Regimental Trust is putting up for auction one of the three Victoria Crosses that it holds.

State coach replica

A Jaguar car and life-size Coronation carriage replica lead auction of Netflix’s The Crown props

08 February 2024

Bonhams' sale of 473 props from Netflix’s The Crown raises a hammer total of more than £1m in a white glove sale.

The premises of Pennsylvania auction house Morphy Auctions

Morphy unveils transatlantic tie-up

08 February 2024

In a move that will be watched closely by US and European auction houses, Pennsylvania-based Morphy Auctions has launched a new operation in Switzerland.

2630NE Edit Churchill Teeth CUTOUT

False teeth that allowed Churchill to make his famous speeches sell for £18,000 at auction

08 February 2024

Sir Winston’s Churchill’s false teeth have been snapped up for a hammer price of £18,000 (plus 24% buyer’s premium) after a nail-biting bidding battle attracted would-be buyers from the UK and US.

Withers TSR Figures

Silver under the floorboards and vinaigrettes in the cooker

08 February 2024

The extraordinary collection of the Bath dealer-collector George Withers (1946-2023) comes for sale across three days and two salerooms later this month.

Chinese bronze vessel

Stolen ancient bronze recovered 40 years later and returned to China

07 February 2024

A 2900-year-old Chinese bronze vessel that was stolen 40 years ago has been returned to China following a repatriation ceremony.

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