The Aristo News has just returned from the Sotheby's sale in London. It was a wonderful affair! Were you there?
As we've reported before, the Earl of Devon was set to sell his "family silver" to help cope with the loss of wedding revenue at his ancestral seat, Powderham Castle. We dug a bit deeper to find that Lord Devon had already sold two pieces at Sotheby's for ₤938,750, which makes us believe that his financial woes may very well be for castle repairs or other financial problems.
Anyway, Lord Devon had eight lots for sale, three of which did not sell. Only one lot (Theological Traits - A Collection of 155 Works) came in over its guide price. The item with the largest guide price, Vindication of the Character and Conduct of Sir William Waller by Sir William Waller, was ₤10,000-₤15,000. This lot was unsold; the highest bid was ₤8,500.
All in all, Lord Devon raised ₤19,600 through the Sotheby's Sale. Coupled with today's sale, Lord Devon has raised ₤958,350 for his castle repairs...or whatever the money's really for... Good luck, Lord Devon!
LOTS SOLD:
₤3,500 for The Elements of Architecture by Henry Wotton (Guide Price: ₤4,000-₤6,000)
₤7,500 for Mahomet the Second, or the Generous Sultan: A Tragedy by John Boevery (Guide Price ₤8,000-₤12,000)
₤800 for The Entertainment of His Most Excellent Majestie Charles II, in His Passage through the City of London to his Coronation (Guide Price: ₤1,000-₤1,500)
₤7,000 for Theological Trairs - A Collection of 155 Works in 9 Volumes (Guide Price: ₤3,000-₤4,000)
₤800 for Robinson Crusoe by Daniel Defoe in 2 Volumes (Guide Price: ₤1,000-₤1,500)
Total of Lots Sold: ₤19,600
UNSOLD LOTS:
Highest Bid: ₤8,500 for Vindication of the Character and Conduct of Sir William Waller by Sir William Waller (Guide Price: ₤10,000-₤15,000 with a ₤10,000 Reserve)
Highest Bid: ₤7,000 for a 17th Century Bible (Guide Price: ₤8,000-₤12,000 with a ₤8,000 Reserve)
Highest Bid: ₤750 for The Mourtray Family by Elizabeth Hervey (Guide Price: ₤1,000-₤1,500 with a ₤1,000 Reserve)
Potential Revenue of Unsold Lots Based on Reserves: ₤19,000
If anything arises, we'll keep you posted.
Click here for today's Sotheby's sale.
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