Monday - 08 February 2016

Online bidding takes a bow

10 November 2008Written by ATG Reporter

THIS cello by William Forster, London c.1780 became the highest value lot sold through ATG's online bidding service when it brought £38,000 (plus 20 per cent buyer's premium) at musical instrument specialists Brompton's on November 3.

The finely-preserved instrument, sold with the certificate of W.E. Hill & Sons, London, exceeded its £25,000-35,000 estimate. The price betters the $75,000 (£36,408) bid on in July 2007 for Femme de L'Artiste, a 1908 oil on canvas by US artist Theodore Earl Butler at New Orleans Auction Galleries.

Top price of the sale conducted from Brompton's new premises at The Royal Institution on Albemarle Street in Mayfair was the £75,000 bid for a c.1809 violin by Joannes Rota of Cremona.

Specialist James Buchanan, who ran Christie's musical instrument department before setting up with Peter Horner (formerly of Sotheby's and Bonhams) in 2006, told ATG that traditionally musical instruments are a safe refuge for money in recession.

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