A rare fortune-telling gum dispenser was the star of the show at an auction held in the US state of Michigan.
Showtime Auction Services held the event at Washtenaw Farm Council Grounds, located in Ann Arbor, where Pepsin Gum machine fetched a sale price of $57,000 (£35,000).
The total amount raised at the auction came to $1 million, with the tin dispenser receiving the highest bid. The event included a collection belonging to Diane and Don Sayrizi, who collected various items, including antique advertising material.
Other pieces appeared in the auction from around 100 other collectors. The sale continued over three days, with over 1,800 lots being sold. Around 275 people are believed to have attended, while over 2,000 bidders joined in the action online.
For potential buyers, the main attraction of the dispenser was the ‘fortune teller’ feature, which gave out predictions with each piece of gum.
The second most valuable item was an antique cabinet that served as a means to showcase tobacco products, made by Whitcomb Cabinet Co. The items sold at the auction all had a buyer’s premium added, varying from 14 to 20 per cent, depending on the method of bidding.
Collectors can find similar pieces in reputable antiques dealers at a lower price, as a buyer’s premium isn’t charged in-store. Antique cabinets and other items can be found in Lancashire, and buyers can browse items at their leisure before deciding whether or not to make a purchase.
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