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September 28, 2011, 05:13 PM

Fantastic result at half million pound Masco sale

By Thornton Kay

Charterhouse entrance sold for £16,500 [photo Masco

Gloucestershire, UK - Glen Snelgar of Wellers Auctioneers was still reeling from an epic 2,500 lot one-day sale at Masco in Gloucestershire, selling over 90 per cent of lots which grossed over £500,000.

"Three days after the sale, the adrenalin is still pulsing through my veins. We had a fantastic day. A combination of factors led to this fantastic result: a wonderful selection of stock, a very good area to sell it in, a solid public relations campaign backed up with a quality catalogue and the live internet auction interfaces that we introduced to the sale.

"This led to over 600 mainly private registered buyers and over 1000 commission and phone bids. We underestimated our selling speed only accomplishing 95 lots per hour rather than the 125 we expected to do. This meant we did not finish the auction until
eight o'clock at night, at which stage we still managed to maintain a captive audience who
watched the final lot of the day an uncatalogued run of oak panelling change
hands for £6,600.

"Generally, all garden antiques stormed away, as did the decorative items and
quality reclaimed materials. The trade for chimneypieces and fireplaces felt a
little disappointing but maybe my expectations for these was a little high. Most of the unsold lots were small quantities of the more run of the mill reclaimed materials perhaps indicating a lack of volume to complete a project. Sadly the Portland stone Rotunda also failed to change hands.

"The lot that attracted the most condition reports and verbal enquiries was strangely enough a blue painted plan chest which sold for £210. Anything which had agricultural history and rust also did very well including old sandstone sharpening wheels, milk churns, water and feed troughs, mangers, hayracks and weigh scales," Mr Snelgar said.

Highlights of the sale included a Victorian wrought iron roof light £3,000, limestone sundial £2,200, composition stone pond surround £4,750, Indonesian statue of Dewi Sri £4,100, the Portland stone Charterhouse entrance £16,500, natural stone table on Roman Hypocaust base £6,050, driveway gates to £5,250, pair of stone obelisks £8,050, 30 square yards of Forest of Dean flagstones £7,000, 25 yards of Cotswold stone interior flagstones £8,600, limestone table £4,750, Dorchester Hotel marble to £170 per square yard, Portland stone facade £13,200, Monet style bridge £6,600, pair of domed top oak doors £3,400, Breche Violetta marble chimney piece £4,900, the Dorchester Hotel balustrade £17,200, British Museum walnut library table £5,950, restored cast iron roll top bath £2,350 and Model Village Cottages to £725 (all prices include vat and
premium).

WELLERS AUCTIONEERS LTD

Masco Walcot

Story Type:  Auction Report

ID: 61954

        
 
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