A Little Pricey, Perhaps?
January 8, 2014 8 Comments
A little bird told me that there was an exceptional sale at an auction the other day. Here’s the story:
I was watching an auction on the-saleroom.com for a lot with a Ford Patent pen
and a Montblanc Safety, hoping other people wouldn’t notice (they did
unfortunately), but a different lot with two Swan pens sold for more than
£3500. The auctioneer was a bit shocked given their estimate. Here is the
When you add in buyer’s premium and VAT, the cost must add up to about
£4500. I wondered if I am missing something – I have seen sterling silver
Swans sell for £600, but this auction price seems unusual. I had no idea
Swan collectors are so keen.
I confess that pens of this quality are mostly out of my league, though I have dabbled a bit on behalf of a customer some time ago. A good condition hundred-year-old sterling pen was around £400.00 then. Admittedly, these examples are reputedly pristine, but even so…
It’s unusual for the habitues of auctions to get into the sort of bidding war that we see on eBay, so I think that’s one of the less likely explanations, though it isn’t impossible. I’m completely flummoxed – I can think of no explanation for the price these pens have reached. On a minor note, the estimate that the auctioneers arrived at suggests they wouldn’t be the best people to be selling your precious pens.
So that’s the story. Any thoughts?