George III carved wood figure of Nelson – £13,000 at Stacey’s.

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It was George III period but there was no match to a likely ship of the period, and by auction day on September 18 at the Essex rooms, auctioneer Mark Stacey was inclining to the view that the figure had stood outside a pub.

Separated from its plinth, it had suffered some minor damage and a loss of paintwork to be expected and was estimated at £800-1200.

It sold at £13,000 to a London buyer who believed it may been a chandler’s shop sign.

It was the second-highest price of a sale which was led by the £18,000 Bow mug featured in the news pages of ATG No 2312.