Has anyone else been watching this auction. He is selling his collection of guitars to raise money for charity and based on the bidding so far, he will raise a lot of money.
First lot guide price $10-15,000 - hammer price $340,000
Second lot guide price $10-20,000 - hammer price $900,000
Third lot guide price $1-2000 - hammer price $30,000
there was two guitars I thought I might have a punt at, but these prices are just unbelievable
Yeah, that's auctions for you.
I was interested in a couple of pictures in an auction yesterday (both went for more than I was prepared to pay, as it happens).
There was also a decent sized drawing in the sale by John Constable (no less), with decent provenance. Estimate £6-8K.
For a Constable !! Hmm. I thought. I'll maybe have a punt on that.
You've guessed it. It went for over £70K
Mind you, there was a large-ish Edward Seago oil painting went for £3200. But then, it wasn't a nice picture (unusually for him).