The Latest Blogs
THE VALUE OF CONDITION
by Martin Willis
Around two dozen years ago, I attended an auction that was being conducted by a legendary auctioneer, Dick Withington, of New Hampshire. Dick was a real character, and he had an amazing memory. If you bought an item at his auction, he would ask your name, and he never forgot it. You could walk into an auction of his five years later, bid on another piece, and he would say “Sold to John Doe”, he always got it right. He refused to use bidder numbers like everyone else until he was late in his 70s.
At this particular auction there was an offering of a matching pair of NH Chippendale maple chest-on-chests, which translates to a chest of drawers in two parts with the base chest supported by feet or a bracket.The incredible pieces offered were made by the master cabinet maker, Major John Dunlap in the late 18th century. When I say ‘pair’, there was indeed a single difference in the two. One had a mustard yellow original painted surface, the other had been stripped and refinished a number of years ago. It was time for the yellow surfaced one to be on the block, followed by the refinished mate. The room burst with excitement when the first piece crested the $100,000 mark, the competition was heavy between phone and floor bidders battling it out monetarily. Finally when the dust settled, it sold to a floor bidder for an astonishing $245,000! After the crowd quieted down, the second piece came up, the floor bidders who were active on the last one, just stood and watched as the piece was hammered down at $15,500.
In essence, someone had the bright idea of removing $229,500 worth of mustard yellow paint. To be fair, it was probably worked on in the day where no one really cared too much at all about the ‘old stuff’. People would refinish a piece like this for various reasons, changing tastes, a candle burn, water damage or any other number of superficial reasons.
A phrase that I hear on a weekly basis, when appraising antiques, is troubling: “My children (or grandchildren),” I am told, “want nothing to do with my antiques.” When I was growing up, there were all sorts of people my age enjoying and appreciating antiques, and many of them were planning on getting into the antique business, one way or another.
Now, I want to note, that not all young people have this attitude; it’s just the majority who do. There are still some young people getting into the business, just far fewer. There is a difference between someone working in the business and someone in the business with a passion for it. When my path crosses with those people, I take a moment to talk with them, and I’m also willing to share what I know. When one of these people ask me for advice on what to specialize in, I tell them to figure out what they love, and find out everything they can about it. If they still love it, then that is a good choice.
Check out the podcast we did at the show here.
Seldom do I blog about any of the podcasts, but as I am sitting at O’Hare Airport, I decided to write about my experience at the Randolph Street Market in Chicago. I had more than an excellent time podcasting at the 10th anniversary celebration, Memorial Day Weekend.
In a conversation a nearly 4 years ago with Eric Bradley, (formerly the editor of Antique Trader), he mentioned that I needed to do a podcast with Sally Schwartz. He told me that she was fun and a real Chicago icon in the antiques world.
I found out Sally was all of that and more. Rarely do you meet someone that is entrepreneurial, follows her dreams and make things happen the way Sally does. This market is just one of her great events, she is a very busy woman and somehow keeps it all together. By the way, she really does have a great sense of humor.
A look at how antiques connect us to forgotten lives of the past
by Martin Willis
I was walking my dog this morning on the property of the 1790 House, which is a fine colonial structure in Woburn, Massachusetts that houses the auction company’s office. The property is right next to Rt. 128, which is always very noisy with a constant stream of traffic flowing north and south.
The historic house borders the Middlesex Canal, which was a concept that became a reality in the late 18th century. The canal connected Boston Harbor to the Merrimack River and had 20 locks with the average depth of 3 feet. Barges pulled by oxen transported many goods all the way to Concord, NH and back. The main function of the canal was to transport timber for shipbuilding from the virgin forest of New Hampshire to Medford, Mass. When the canal was built, it was a very substantial feat of engineering for that time.
As my dog and I walked near the canal, we came to some brush that my dog decided to walk into. I forced my way through the thicket to find my dog, and came upon a magnificent chiseled granite post protruding out of the ground. It had a hand hammered and rusted iron eyelet near the top for rope lashing. I wondered when the last time was that someone saw this post lost in time. I realized that objects like these, along with antiques are connections to the forgotten lives of the past.
One of the most pressing issues in our industry today, and one near to my heart, is how to engage the next generation of auction goers and antique collectors. I have read a good many articles on how the younger generations; the millennials in particular don’t care about antiques. All too many times I’ve heard “kids these days would rather have a cell phone than a bedroom suite”. Frankly I am starting to take offense. I am a millennial. I am 25, and yes, I own an IPhone, but I also work for an auction house. I care about antiques, vintage, and preserving our material culture for the next generation. Maybe I’m an anomaly, but I don’t think so.
A HISTORIC AUCTION, MEDIA FRENZY AND A NIGHT OWL’S DELIGHT
by Martin Willis
Check out our interview with Dan Meader prior to this auction here.
Bomber Jacket Fetches $570k, $665,550 with Buyer’s Premium!
When you have so many objects of a great fallen president in one auction, anything can happen. The collection was from the estate of David F. Powers, special assistant to Kennedy and the first curator of the JFK Library. I made an appearance at the auction, braving four hours of dangerous travel in a typical New England snowstorm. I went as I said in the podcast, just to see the people and watch the event.
I want to start by saying, no one in the business could have done a better job, and that is not easy to say, considering that I am a competitor of my good friend John McInnis as well as a friend of Dan Meader who held the auction in Amesbury, Massachusetts. The one thing I certainly bet John wishes he had done differently is, make it a two-day auction. As fate would have it the auction ended up being a two-day event after all (18 hours long), but not by choice.
Back in 1982, my father, (Morgan Willis) and I were at a storage place meeting a woman from a prominent family in York, Maine. She was there for an hour before with family members getting things ready for us, as her main goal was to clear everything out of the storage unit. She ultimately wanted to stop paying rent on it as the family had been doing for at least ten years.
In the storage were items that were inherited from someone in their family, and there were nice period American pieces, boxes of early Canton porcelain and many fine collectibles. My dad and I were both very exited with the items we were listing, but of course, we kept our cool. It is never a good idea to get too excited as it tends to make consignors get excited enough not to sell sometimes.