UK Auctioneers In £8 Million Bid To Woo Chinese Buyers Art and antiques worth £8 million, consigned from the West by a consortium of UK auctioneers, will be offered in an historic first sale in China to be conducted by a Mainland China auction house.
last year in the Chinese Year of the Dragon, an Alderney, Channel Isles, gold proof £1,000 coin is not only the largest British coin ever made – it weighs in at one kilogram – its reverse is decorated with a unique dragon design created by the most senior engraver in the Royal Mint, Gordon Summers. The obverse bears the acclaimed portrait of The Queen by Ian Rank-Broadley FRBS. Certificated number three in a series of only 10 such coins minted, and legal tender in Alderney, the coin is estimated at £90,000-100,000.
Two oriental dragons facing each other and a portrait of Jui Gung Jan, the Minister of Commerce, decorate an attractive Sin Chun Bank of China banknote in the high denomination of $10 – very rare for this bank – which dates from 1907. It is estimated at £7,000-10,000, while the most valuable among postage stamps is a sheet of 12 Penny Blacks with cancellation removals from the so-called Rainbow Trials, which is believed to be unique in private hands.
Roland Hill’s new UK flat rate postage stamp costing a penny produced an enormous increase in letter volume, but some people still tried to evade paying for the service. Between May and December 1840, various coloured inks were trialled by post offices to frank or “cancel” stamps in an attempt to find one other than black which could not be removed by applying chemicals. Black ink on a black stamp was not reliable, but red proved satisfactory, as the present sheet shows. Penny Red stamps replaced Penny Blacks just nine months after their inception.
This is believed to be the earliest known example of such chemical experiments and one of only three known sheets with red cancellations, the others being in the British Royal Family Collection and British National Postal Collection. Believed to be unique in private hands, it is estimated to fetch in the region of £200,000.
Triple-A is a not for profit organisation which aims to provide an easy channel for Chinese buyers to access the UK auction market and to provide solutions to the historic challenges to Chinese buyers at auction of language barrier, foreign currency payments, and shipping. The Triple-A membership represents the highest level of standards and service in the profession, jealously guarding its accreditation standards with a rigid code of practice to which all members must adhere.
The 21 auctioneers and representatives of Triple-A are as follows:
Anderson & Garland (Tyne & Wear) Andrew McCoull
Baldwins (London) Seth Freeman*
Bearnes Hampton & Littlewood (West Country) Chris Hampton
The Canterbury Auction Galleries (Kent) Tony Pratt
Cheffins (Cambridgeshire) Martin Millard*
Chorley’s (Gloucester) Simon Chorley
Dreweatts/Bloomsbury (Berkshire/London) Stephan Ludwig*
Ewbank’s (Surrey) Chris Ewbank*
Fellows (Midlands) Stephen Whittaker
Gorringes (Sussex) Clifford Lansberry
Halls (Shropshire) Jeremy Lamond*
Hartleys West Yorkshire) Andrew Hartley
Lawrences of Crewkerne (Somerset) Helen Carless*
Lyon & Turnbull (Edinburgh) Paul Roberts
MacDougall’s (London) William MacDougall
Mallams (Oxfordshire, Gloucestershire) Robin Fisher
Frank Marshall (Knutsford, Cheshire) Nick Hall
Peter Wilson (Cheshire) Robert Stones
Roseberys (London) Ian Cadzow