17 Dec 2018
May 13, 2013 - Filed under: Auctions — Richard

Thomaston Place Auction Galleries experienced high demand for rare items that were placed at auction, many exceeding their estimated values. A stars and stripes dress was the main attraction at the auction house in Maine. The Centennial stars and stripes dress proved to be extremely popular, with a final price of $7,763 (£5,050).

Other rare items sold on the day, with a string of natural pearls being sold for $143,750 (£93,660). Fine art also proved to be popular, with five colour lithographs from 1969 by Marc Chagall selling for final sale prices between $6,900 (£4,495) and $16,100 (£10,480). According to the auctioneer and owner of Thomaston Place, Kaja Veilleux, the success of the auction confirmed that rare items still attract huge amounts of interest and sell for high prices.

Jewellery was just as successful as the other categories in the auction, with an antique brooch that had an estimate of $6,000 to $8,000 (£3,900 to £ 5,200) actually selling for $35,650 (£23,220). The furniture category also had rare items that sold above their estimated value. A mahogany breakfront secretary which dates back to the Federal period was sold for $12,650 (£8,200) in the online auction.

Final sale prices at auction always include a buyer’s premium. However, if a piece of furniture was purchased at an antiques store, the price would be lower as the premium wouldn’t be included. For instance, antique cabinets in Cumbria antique stores would usually cost less than at auction. Antiques dealers in the UK have a variety of items on display, including furniture, jewellery and more.

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