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Four of the six lots of antique silver from Her Majesty’s Treasury due to be sold by Bonhams & Brooks on October 30 were withdrawn from auction the day before the sale.

USA: Swann Galleries will hold their inaugural auction of Contemporary Art on the evening of Tuesday, November 13 at their 104 East 25th Street New York premises. The sale comprises about 170 examples of photo-based artworks, paintings, prints and drawings as well as mixed media pieces and multiples by late 20th century artists.

Early Qing imperial porcelain has long been the darling of the Hong Kong Chinese auctions so when a Qianlong (1736-95) mark and period dragon vase with a previously unpublished pattern came up at Sotheby’s (20/15/10% buyer’s premium), Hong Kong on October 29, sparks flew and an auction record was set for a piece of Qianlong porcelain.

Listed on eBay on October 15 with an opening bid of just $75, within seven days this gold plastic PEZ space gun dating from the late 1950s/early ’60s had attracted a final bid of $6262 (£4540). At today’s prices, that’s more than 22 times the cost of an ounce of real gold.

Christie’s are to make 23 staff redundant in Los Angeles, their second largest saleroom in America. The decision is part of an ongoing, worldwide cost-cutting programme undertaken by the company following the settlement of the $256m lawsuit over commissions and the downturn in the art market this year.

There were two horological offerings last month at Christie’s South Kensington (17.5/10% buyer’s premium). The auctioneers kicked off on October 3 with a mid-range clocks and barometer selection then followed it up on the 10th with a grander offering styled as Important Watches.

Britain’s third and fourth largest auction firms, Bonhams & Brooks and Phillips, finally merged on November 1 to create an enlarged company, called simply Bonhams.

Military Sweetheart Jewellery III by Pamela Caunt, published by Arbras Publications, 292 Westbourne Grove, London Wll 2PS, phone/fax 020 7226 5221. ISBN 095237093X £8.45 inc. p&p

The show stopper at Christie’s Indian and Southeast auction on October 17 was this sublime grey schist Gandharan bodhisattva, 2/3rd century. The drapes of the robes falling about his body contrast with his powerfully carved bare chest, as he stands gazing ahead with a fixed stare.

THE last week of September saw Phillips host two offerings of toys, dolls, bears and collectables at their Edinburgh and Knowle regional salerooms. Both auctions had a healthy 75 per cent take-up with the larger 1129-lot Solihull auction totalling £116,691 against the £61,660 taken by the 345-lots offered at Edinburgh.

The comprehensive collection of French royal issues formed by Michel Bonhomme was dispersed in Paris at Christian Delorme et Vincent Fraysse (expert: Alain Weil) on October 9-10. The period covered was from Charles V (1364-80) until the fall of the French monarchy in 1792.

THE first sale by the Staffordshire-based auctioneers Wintertons to be held at Bakewell’s Agricultural Business Centre in neighbouring Derbyshire was a wide-ranging 639-lot event which attracted trade and private buyers from across the country and even some overseas interest in the telephone and on the book.

These days it is all too easy to assume that everything that passes through the London salerooms is a totally known quantity that can no longer hold any surprises for either the auctioneer or the trade. But, believe it or not, London sales can still contain significant sleepers, as was demonstrated twice in the space of five days at the main London houses’ secondary salerooms.

The most hotly contested property in Christie’s 335-lot Japanese and Korean sale on October 15 was a selection of Korean art from the Falk collection. Just over half of the reasonably estimated 55 Korean entries hailed from this New York collection, that attracted new American buyers as well as regular European privates and dealers.

FRANCE: There were some prestigious names among the 24 exhibitors at the first Salon International d’Art Asiatique, held at the Hôtel Dassault on the Champs-Elysées from October 5-8.

Enamel Advertising Signs by Christopher Baglee and Andrew Morley, published by Shire Publications. ISBN 0747805105. £4.50

The Ashendene Dantes that sold for £7000 as part of the book section of this general antiques sale at Dreweatt Neate on 10 October were formerly in the library of Sir Frederick Handley Page, founder of the aeronautical firm, and sold at £3500 was his copy of the 1906 Ashendene edition of Sir Thomas More’s Utopia.

Windsor Chairs: An Illustrated Handbook by Wallace Nutting published by Dover Publications Inc. NY ($14.95) and distributed in the UK by David & Charles Ltd of Newton Abbot. ISBN 0486417255 £15.70

A Study Collection of Marked Domestic Brass and other Base Metalware c.1600-1900, a catalogue compiled by Roderick and Valentine Butler, Neil Bollen and Dr Christopher Green. Price £26 inc. p&p UK, £30 inc p&p US. Contact Roderick and Valentine Butler on 01404 42169 to order copies.

As every silver dealer knows, the value of standard Victorian three-piece tea sets has gone down, not up, over the past decade. But introduce a fashionable style to the casting, and the price will inevitably soar.