Unusually large at 2ft 2in (66cm) high x 21in (53cm) in diameter and notable for its carved scallop shell intaglio, this outstanding George III mahogany and brass bound peat bucket shot to €145,000 (£106,600) at James Adam of Dublin on March 15.
The estimate for the iconic piece of Irish occasional
furniture - bought by a relative of the consignor in Dublin in the
1950s or 60s - had been €15,000-20,000.
There was great trade interest up to the €60,000 level, but at
that point two private bidders took bidding to unprecedented
levels. Trade sources believed the winning telephone bidder was the
horse racing magnate and Irish furniture enthusiast John Magnier
who was in the Cotswolds for the Cheltenham Festival.
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