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1) ‘Ghandi’ spectacles take £260,000 at Bristol Auction

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These glasses by repute were owned by Mahatma Gandhi (1869-1948) and were sold at East Bristol Auctions on August 21.

A pair of spectacles, believed to have once belonged to Gandhi, were hammered down at £260,000 in Bristol (plus 21.6% buyer's premium inc VAT).

2) Rare Rolex Submariner watch sets house record for auction house Fellows 

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The rare Rolex Military Submariner watch sold at a hammer price of £140,000 (£165,200 including premium) at Fellows Auctioneers in Birmingham on August 24.

After a five minute bidding battle a rare Rolex Military Submariner watch was hammered down at £140,000 (£165,200 including premium) at Fellows Auctioneers in Birmingham.

3) Minton Majolica bear that once appeared on the BBC’s Antiques Roadshow stars in our pick of five auction highlights sold this week 

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Minton majolica figure of a dancing bear – £2400 at Youngs.

ATG’s weekly selection of items that caught bidders’ eyes includes a Minton majolica dancing bear that sold for four-times estimate in Surrey.

4) ATG letters: Sotheby’s ‘overhead’ fee – so what is the point of buyer’s premium? 

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ATG's story on Sotheby’s introducing a new 1% fee on the hammer price in addition to buyer’s premium ( ATG No 2454).

“Sotheby’s statement is as disingenuous as Arsenal Football Club’s justification for sacking backroom staff so that the club has the ‘resources to return to competing effectively at the top of the game…’.” Read more here.

5) Gustav Klimt sketch for the Beethoven frieze emerges at Chiswick Auctions [25 aug]

Gustav Klimt drawing

‘Kneeling female nude’, a sketch by Gustav Klimt for the Beethoven Frieze – estimated at £15,000-25,000 at Chiswick Auctions.

The black chalk sketch is one of a number of studies the artist made for the Beethoven Frieze, a monumental work intended as a celebration of the composer that Klimt painted directly on the walls in the Secession Building in Vienna.