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Hoard of silver and gold nets family £111,000

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A hoard of silver and gold antiques that were found littering an unassuming house in Swindon achieved a staggering £111,000 when it went to auction on Friday.

The extensive collection of silver plate, watches, gold coins and military memorabilia was found by the family of a Swindon man after he died. Silver and gold antiques were found around the house, in a shed, and even in cars.

The top price of the hoard was also the top price of the whole sale, conducted in Cirencester on Friday (September 28) by auctioneers Moore Allen & Innocent.

A rare James II gold five guineas coin dated 1688 achieved £7,900 – well above its £2,000 to £3,000 estimate.

A Charles II gold five guineas coin dated 1668 made £4,600, and a William and Mary gold five guineas coin minted in 1692, and valued at £2,000 to £3,000, made £3,600.

Of the 100-plus antique pocket watches found in a suitcase, the top price was an 18 carat gold cased full hunter pocket watch, which made £1,800.

From the collection of military memorabilia, a dagger owned by a member of the Reichsar-beitsdienst – or Reich Labour Service – engraved ‘Arbeit Adelt’ (‘Work Ennobles’) made £720, and an American Civil War US Navy Dahlgren Bowie bayonet, stamped 1862, fetched £620.

Auctioneer and valuer Philip Allwood said: “We were delighted to break the £100,000 total, and the £111,000 collection total is exceptional.

“It helped us towards a record-breaking sale total for a Moore Allen & Innocent selected antiques sale of £270,000.”

Recalling the find, auctioneer and valuer Philip Allwood said: “When the family invited me to look at these antiques I was expecting a quantity of silver plate. I was amazed when I discovered all this very high quality silver and gold.

“It was a real Aladdin’s Cave. Perhaps the most surprising thing was the number of antique silver salvers – trays used for carrying or serving glasses, cups and dishes by waiting staff. There were more than 30 of them.”

But the Swindon hoard wasn’t the only treasure found in a shed – a tatty late Victorian upholstered armchair by Howard & Sons of London, with wear and tear to the arms and base, was snapped up for restoration for £2,700.

Other stand-out results from the sale included an early 18th Century walnut and floral marquetry inlaid longcase clock by William Jobson, London, which achieved £6,800; a three-metre long elm refectory table, originally from Lord Inchcape’s house in Hertfordshire, which achieved £5,000; and an Anglo-Indian ivory chess, with 11cm high white and green pieces on a mahogany table, which made £3,900.

And there was good news for Cheltenham-based Sue Ryder Care. Five 68-gram gold proof sovereign four-coin cases, from 1992, each achieved around £1,800 while a sixth 28-gram gold proof sovereign three coin set from 1994 made £760, meaning a tally of over £10,000 for the charity. The lots had been donated to the charity and were sold commission free by Moore Allen.

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Written by secretagentmarketing

October 2, 2012 at 3:33 pm

Posted in Antiques, Art, Charity

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