Tuesday - 02 September 2014

€145,000: a bucket of money

22 March 2005Written by ATG Reporter

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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Written by

ATG Reporter

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