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Tuesday, May 06, 2008

An Auctioneer Responds...

Laurence Fisher, Specialist Department Head, Mechanical Music and Technical Apparatus, Bonhams, responded to my last rather pessimistic post with this more upbeat message:

I am working on three collections now which together, would probably span a two day sale and a three-volume catalogue. May well take a year to do, but it should be worth it.

Things for us are looking up, but without the support of all machine collectors around the world, I agree that both MMM and Bonhams will be in the same boat until a change appears. At the end of the day, no one can make someone sell nor buy, but just the magnet of having Jerry's sales for instance should be enough to keep the door open for the masses.

Also, and I take this quote from a well-known member of the slot machine community - "having lower numbers of machines in regular sales does me a favour with the total price!" Mark and I try to get at least a few machines together for each of the two-per-year Knowle sales - 13 May next week has 9 machines.
Lets hope all of us can pick up machines more often from everywhere this year.

The 'credit crunch' will have no affect on those who really do have a genuine interest in the history of machines.

Saturday, May 03, 2008

Salisbury Auction Postponed

I received the following letter this morning regarding the Netherhampton Salesrooms slot machine auction that was scheduled for 18th May this year in Salisbury:

Netherhampton Sales

Thank you for your entry for the above auction, however by the closing date, despite extending, we have had too few items entered to justify continuing with the sale. This is unfortunate as we have some interesting and collectable pieces here as promised.
We would hope that you will allow us to enter them into our annual 'Stourpaine Sale' which is timed to coincide with the well known Great Dorset Steam Fair due this year on Friday 29th August. This sale attracts buyer from all over Europe and should provide you with a very suitable alternative. If storage is a problem for you we will take the goods in, store and insure them and transport them to the venue.
Thank you for your understanding and please accept our apologies for any inconvenience you have been caused.

Yours faithfully,

John Bundy
Managing Director
(Netherhampton Salesrooms)

This news comes as no great surprise. Clearly a number of factors, not least the current economic climate, are making it very difficult these days to pull in enough quality machines for a decent sale. Bonhams and the MMM auctions are in the same boat.
A sale now really needs to be founded upon the break up of one or more collections (a rare event). Anyway, let's hope the 'Stourpaine Sale' is a success.