Little and Large Flog It: Trade Secrets


Little and Large

Similar Content

Browse content similar to Little and Large. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

I want to share some of the knowledge we have picked up

0:00:040:00:06

over the last 11 years of filming "Flog It!".

0:00:060:00:08

'That's hundreds of programmes under our belt and many

0:00:080:00:11

'thousands of your antiques and collectibles

0:00:110:00:14

'sold under the hammer.'

0:00:140:00:16

I don't believe it.

0:00:160:00:18

Hammer's gone down. Well done!

0:00:180:00:21

-That was pure quality.

-I can't believe it.

0:00:210:00:24

There's a whole world of trade secrets out there, for you to know.

0:00:240:00:28

Often on the show, we encounter items that are intriguing

0:00:550:00:59

because of their size.

0:00:590:01:00

'And size DOES matter.

0:01:000:01:02

'So on today's programme, we're going to be looking at the small,

0:01:020:01:06

'but perfectly-formed objects, that you've brought us.'

0:01:060:01:09

'Coming up on Trade Secrets:

0:01:110:01:13

'Mark has a few tiny words of advice...'

0:01:130:01:16

There's always people who like fun -

0:01:170:01:19

cats dressed as burglars, dogs dressed as policeman.

0:01:190:01:24

That all adds value.

0:01:240:01:26

'Small treasures provoke a huge reaction...'

0:01:260:01:30

They're just ugly, horrible little devils.

0:01:300:01:33

'..and Anita has a little joke...'

0:01:330:01:35

-Take a guess. I do it all the time.

-About £200.

0:01:350:01:39

-You're not bad at this!

-SHE LAUGHS

0:01:390:01:41

'..and a big result!'

0:01:410:01:43

£450. Thank you.

0:01:430:01:45

That's unbelievable, isn't it?

0:01:460:01:49

It's sometimes easy to overlook small things.

0:01:520:01:55

Not just jewels and gems, but tiny works that show off exquisite

0:01:550:01:59

craftsmanship, like these wonderful chess pieces in front of me.

0:01:590:02:03

We see it time and time again at our "Flog It!" valuation days.

0:02:030:02:07

These small objects require a second look, a closer study.

0:02:070:02:11

They frequently pack a punch when we sell them in the auction room.

0:02:110:02:16

Here's our experts' advice on what tiny objects

0:02:160:02:19

punch well above their weight.

0:02:190:02:21

In this business, what you don't want is ordinary.

0:02:250:02:27

You either want things very, very big or very, very small.

0:02:270:02:31

Miniature is always good and, in a way, miniature is probably

0:02:310:02:34

better than very big, because more people can house miniature things.

0:02:340:02:38

Simple, isn't it? You can put small things in small houses.

0:02:380:02:41

Things like miniature globes and pocket items,

0:02:410:02:45

scientific instruments, such as sun dials,

0:02:450:02:47

are very rare and sought after.

0:02:470:02:50

You can get a Moorcroft dawn vase that size that'll make £2,000.

0:02:500:02:54

Then you can get a rare miniature that'll make the same.

0:02:540:02:58

Large items have the wow factor, but miniature items

0:02:580:03:03

have the "Aww" factor.

0:03:030:03:06

Maybe they bring out the maternal instinct in us.

0:03:060:03:09

I'll let YOU decide if Philip's maternal instincts kicked in

0:03:110:03:16

when he came across a pair of sporty little treasures,

0:03:160:03:19

brought in by John to our valuation day in Hartlepool.

0:03:190:03:22

A friend bought them from a charity shop

0:03:220:03:25

and they've been in their cupboard for a while.

0:03:250:03:27

-How much did they pay for those?

-20p.

-20p?! Each or for the two?

0:03:270:03:31

-For the two.

-Do you want to double your money?

-Yeah.

0:03:310:03:34

-40p.

-HE LAUGHS

0:03:340:03:36

Sports memorabilia is hugely sought after.

0:03:360:03:39

If you're a racing nut, you collect horse racing memorabilia,

0:03:390:03:43

football nut - footballing memorabilia.

0:03:430:03:45

'But there are loads of cricket nuts who collect cricketing memorabilia.'

0:03:450:03:49

I think these are great, actually, cos this is the 1956 Ashes series.

0:03:490:03:53

When you were a 12-year-old boy,

0:03:530:03:56

your dad would have hoiked you off to Lord's, Edgbaston, Trent Bridge,

0:03:560:03:59

or The Oval and you would have had a day out watching the cricket.

0:03:590:04:02

As part of that day out,

0:04:020:04:03

he would have taken you to the little shop and you would

0:04:030:04:05

have bought a miniature bat with facsimile signatures on it. And that's all those were.

0:04:050:04:09

This is the Crusader Five-Star Extra Special.

0:04:090:04:13

This is the Keith Miller autograph bat.

0:04:130:04:16

We talk about Freddy Flintoff and the Ashes winning side,

0:04:160:04:19

but here we've got

0:04:190:04:20

Peter May, Trevor Bailey, Godfrey Evans, Colin Cowdrey, Tom Graveney.

0:04:200:04:25

They were the great names of our era, names that my generation

0:04:250:04:30

grew up with hero-worshipping,

0:04:300:04:32

so there's going to always be a demand for those.

0:04:320:04:35

We'll estimate them at £15-£30 the two.

0:04:350:04:38

We'll fix a reserve at £10 the two.

0:04:380:04:41

Now, that doesn't seem a great deal of profit, really,

0:04:410:04:44

but if you work out percentage terms on 20p, it'd do, wouldn't it?

0:04:440:04:47

Oh, yeah.

0:04:470:04:48

-Your friend going to be pleased?

-She'll be pleased, yeah.

0:04:480:04:51

So, were the bidders bowled over on auction day?

0:04:510:04:54

I've got two commissioned bids...

0:04:560:04:58

-Oooh!

-Oooh!

-..and I must start it at £28.

0:04:580:05:01

-Get in there.

-Yes, sporting memorabilia.

0:05:010:05:03

55, 60...

0:05:030:05:06

-65, 70...

-I didn't expect this.

0:05:060:05:09

80... £80 on the stairs.

0:05:090:05:12

-Anybody else?

-Hit for six.

0:05:120:05:15

Are we all done at 80?

0:05:150:05:17

-Oh, £80.

-How much did you give for those?

-20p.

0:05:170:05:20

Get in there, eh?

0:05:200:05:22

They made £80 with just facsimile signatures on them.

0:05:220:05:25

Imagine what they would have made

0:05:250:05:27

if they had the real signatures on them?

0:05:270:05:30

You really would have been cooking on gas, then.

0:05:300:05:32

It just goes to show that the tiniest souvenir

0:05:320:05:36

has a sporting chance at auction.

0:05:360:05:38

Memorabilia with a signature can be a real winner.

0:05:380:05:43

James was in triumphant mood

0:05:430:05:45

when he came across an item that was a little out of the ordinary

0:05:450:05:48

at a "Flog It!" valuation day in Northampton.

0:05:480:05:51

Tiny things do hit above their weight.

0:05:510:05:56

Diana's little needle case was a super example

0:05:560:05:59

of something that was beautifully carved.

0:05:590:06:01

-Diana, what a sweet lot. Are you a dog lover?

-Yes.

0:06:010:06:06

Great little thing.

0:06:060:06:07

'The dog is one of many animals that is sought after. There are cat'

0:06:070:06:12

collectors, owl collectors, monkey collectors,

0:06:120:06:14

horse collectors. Anything equestrian - again, very good.

0:06:140:06:18

That very sweet little thing comes into two sections.

0:06:180:06:21

I don't know if you know, but it's a needle case or a pin case.

0:06:210:06:25

This was made around 1850 or 1860, I should think. Something like that.

0:06:250:06:30

It's made in ivory.

0:06:300:06:31

'The person that carved that would probably have been

0:06:310:06:34

'trained by a specialist ivory carver.'

0:06:340:06:36

They would have spent their entire life

0:06:360:06:38

trained to carve that material.

0:06:380:06:41

The eyes at each end are made in glass.

0:06:410:06:43

You've got a greyhound's head at that end

0:06:430:06:45

and probably a spaniel, or working dog of some form, at that end.

0:06:450:06:48

But just look at that expression. Isn't he brilliant?

0:06:480:06:51

It really is a fun thing.

0:06:510:06:53

I always say to people, "Buy the best you can afford."

0:06:530:06:57

It is much better to buy one object that is the VERY best,

0:06:570:07:03

than buy ten also-rans.

0:07:030:07:06

-It's only a little thing and ivory isn't really that PC...

-I know.

0:07:060:07:11

..but it's been around a long time and the elephant is long gone.

0:07:110:07:14

-I think that's going to make £50-60.

-Really? Oh, right!

0:07:140:07:21

Did that tiny piece of precise

0:07:210:07:23

craftsmanship make a big impression when it went under the hammer?

0:07:230:07:27

I have four commissioned bids,

0:07:270:07:30

and I can start at £110.

0:07:300:07:35

140 on my left, 150 on the right.

0:07:350:07:37

160, 170, 180,

0:07:370:07:40

190, 200, 210? No.

0:07:400:07:45

Exactly 200, on the left. At £200. All done?

0:07:450:07:50

Yes! 200 quid!

0:07:500:07:52

-That's fantastic.

-That's feelgood factor, wasn't it?

0:07:520:07:56

Thank you.

0:07:560:07:57

That little needle case was a classic example of something

0:07:570:08:02

that appealed to more than one market.

0:08:020:08:04

You had the obvious sewing collector,

0:08:040:08:06

but you also had the dog collector, as well.

0:08:060:08:10

And don't forget, there is always a market for miniatures.

0:08:100:08:14

As always, quality is key, so look out for items that display

0:08:140:08:18

the level of exquisite craftsmanship we saw with the needle case.

0:08:180:08:23

When Rob brought this next lot to our valuation day at

0:08:250:08:28

Folkestone, Mark discovered that the smallest thing can rock your world.

0:08:280:08:33

Oh, this little pocket globe was a real beautiful object.

0:08:330:08:38

Catherine Southon would have loved to have done this item.

0:08:380:08:41

What a nice little globe you've brought in to show us today.

0:08:410:08:44

Basically, this is a pocket-sized globe.

0:08:440:08:48

Globes are popular, whether they're miniature or full-sized.

0:08:480:08:51

There's just something about that scientific element to it.

0:08:510:08:55

We all want to know.

0:08:550:08:56

And if you think, we were in the beginnings of understanding

0:08:560:09:00

continents we didn't know existed.

0:09:000:09:03

Looking round it, we've got all the countries that we recognise now,

0:09:030:09:06

but the fascinating thing about these old globes is that

0:09:060:09:08

a lot of the countries have changed names.

0:09:080:09:10

One key thing to me said it was 18th century -

0:09:100:09:13

the fact that Australia was called New Holland.

0:09:130:09:17

I think this is probably towards the end of the 18th century,

0:09:170:09:20

just before it became a British protectorate, if you like.

0:09:200:09:25

-Yes...

-These are now very collectable.

-Are they?

0:09:250:09:29

Who would have had something like that?

0:09:290:09:31

-I immediately think of a seaman or something like that...

-Oh, no, no.

0:09:310:09:35

I think this would have been a part of the middle classes.

0:09:350:09:39

I could just imagine the person who owned it, who would have been

0:09:390:09:43

so proud to get it out and say,

0:09:430:09:47

"Look, I've got the latest map of the planet."

0:09:470:09:50

The only shame about it is, I've looked

0:09:500:09:53

and I can't find a maker's name, which is a bit of a shame,

0:09:530:09:57

cos sometimes the makers' names can make a big difference

0:09:570:10:01

-to the value of these things.

-Of course.

0:10:010:10:04

It would have had either a little, hard leather case or a little

0:10:040:10:08

shagreen case, sharkskin case, original.

0:10:080:10:12

Sadly, this particular globe wasn't complete.

0:10:120:10:15

It didn't have its little outer case and there was no maker's name.

0:10:150:10:20

That could have added another £400 or £500 to the price.

0:10:200:10:24

It's very important.

0:10:240:10:26

I would probably advise you to put...

0:10:260:10:29

How shall we say this? ..a come-and-get-me estimate...

0:10:290:10:33

-Right, yes, I know what you mean.

-So, put a tempting estimate on it.

0:10:330:10:36

-I would probably put 200-300 on it.

-Good heavens.

0:10:360:10:40

-Blimey.

-Really?

0:10:400:10:42

-Yeah.

-Does that please you?

-That's amazing, yeah.

0:10:420:10:44

It really is, yeah. I'd never have thought that.

0:10:440:10:47

Rob was in for an even bigger surprise at auction.

0:10:490:10:53

500.

0:10:530:10:54

520...

0:10:540:10:56

-Good heavens...

-540...

0:10:560:10:57

560...

0:10:570:10:59

580... 600...

0:11:000:11:02

I can't believe the grandchildren rolled it around the lounge floor.

0:11:020:11:06

-Back in at 600.

-Yes.

-620.

0:11:060:11:08

-Oh, it's up again.

-Fresh legs.

0:11:080:11:10

No?

0:11:100:11:11

£620, then, it is, in the room.

0:11:110:11:14

-Are we all done?

-This is great.

0:11:140:11:16

Heavens.

0:11:160:11:18

Yes!

0:11:180:11:19

-That's more like it.

-Thank you very much.

-Not bad.

0:11:190:11:22

Brilliant. It found its right level.

0:11:220:11:24

That little globe's size didn't prevent it from hitting the big time

0:11:250:11:29

at auction, but it does underline the importance of the maker's name.

0:11:290:11:34

If the globe had one, Rob's profits could have gone sky-high.

0:11:340:11:39

Would Anita see rich pickings in an assortment of petite porcelain?

0:11:400:11:44

Sue, what a lovely little collection of miniatures here.

0:11:440:11:49

People like miniatures, because they are charmed,

0:11:490:11:53

they can be astonished by the scale.

0:11:530:11:55

It's an interesting collection.

0:11:550:11:58

Whoever bought them in the first place was interested in quality.

0:11:580:12:02

People love collecting.

0:12:020:12:04

If you collect large items, you're not going to have very much room

0:12:040:12:07

but to collect small items, put them all together, it looks lovely.

0:12:070:12:12

They can be in a little cabinet, you can pick them up and play with them.

0:12:120:12:17

People are always charmed and drawn to small items.

0:12:170:12:20

These two here are little Worcester miniature cups.

0:12:200:12:24

We have this one here, Blush Ivory.

0:12:240:12:27

They're both dating from round about the beginning,

0:12:270:12:31

or the turn, of the century.

0:12:310:12:33

This one, perhaps, a little earlier, but Worcester, isn't it beautiful?

0:12:330:12:37

Lovely silky feel of Worcester.

0:12:370:12:40

There's a softness about it, which is delicious

0:12:400:12:43

and I just love handling Worcester. It's such a pleasure.

0:12:430:12:47

Here we have two little Doulton ones.

0:12:470:12:51

Three Dutch guys eyeing up a Dutch bird.

0:12:510:12:55

There is something terribly appealing about things in miniature.

0:12:550:13:00

My mum used to say, "Good things come in wee bundles."

0:13:000:13:05

She was quite a small woman, just like me.

0:13:050:13:07

The collectors will love this little, double-handled cup.

0:13:070:13:11

I reckon that's maybe one of the best pieces here.

0:13:110:13:14

Again, the little jug is similar in pattern to this one.

0:13:140:13:18

Again, this little double-handled cup, a little bit earlier.

0:13:180:13:22

Pricewise, what do you think? Take a guess, I do it all the time.

0:13:220:13:25

Well, about £200.

0:13:250:13:28

You're not bad at this!

0:13:280:13:31

I think, probably, I think you're probably right.

0:13:310:13:34

I would estimate it between £200 and £300.

0:13:340:13:37

Let's see if the titchy tea things brewed up a profit

0:13:390:13:42

when they went up for sale.

0:13:420:13:44

At 320...

0:13:440:13:45

350, 380, 400, and 20.

0:13:450:13:49

My bid at 420.

0:13:490:13:52

Lost the room, my bid at 420,

0:13:520:13:53

are you all done?

0:13:530:13:55

50 if you wish. 450, back in.

0:13:550:13:57

480, sir?

0:13:570:13:59

The lady's bid at £450.

0:13:590:14:02

-A last look around the saleroom at 450.

-Thank you

0:14:020:14:05

-Wow!

-Unbelievable, isn't it?

0:14:050:14:09

When everything is distilled down into that miniature,

0:14:090:14:14

we see the best of work.

0:14:140:14:16

So examine it closely.

0:14:160:14:19

Get out your magnifying glass, if you want.

0:14:190:14:21

Examine it closely, look at the detail and fall in love with it.

0:14:210:14:26

Never underestimate the draw of miniature items.

0:14:270:14:30

They're instantly appealing because the skill and craftsmanship

0:14:300:14:34

of their construction is all the more impressive.

0:14:340:14:37

Skilful craftsmanship can produce the quirky, as well as the cute,

0:14:400:14:45

as Mark discovered with a devilishly-tantalising collection.

0:14:450:14:50

Cold-painted bronze items are always collectable,

0:14:500:14:52

but the devils stole the show for me.

0:14:520:14:55

I love these, though I know you don't like them, Anna.

0:14:550:14:58

They are just ugly, horrible, little devils.

0:14:580:15:01

-Where have they come from?

-My mother chose them from her uncle's estate.

0:15:010:15:08

She always... They always fascinated her as a child, I think.

0:15:080:15:11

They are actually little bronze figures.

0:15:110:15:13

They are what we call cold-painted bronze.

0:15:130:15:17

They are largely made in Austria.

0:15:170:15:20

Generally, when we refer to cold-painted bronze,

0:15:200:15:22

we're talking about the end of the 19th century.

0:15:220:15:25

The bronze has already been cast and, as it says,

0:15:250:15:29

decorated while it's cold.

0:15:290:15:31

I find them really fascinating.

0:15:310:15:33

You know, this lovely one, you know, washing the other one in a tin bath.

0:15:330:15:37

Then this one riding a pig.

0:15:370:15:40

I think they're absolutely wonderful.

0:15:400:15:42

Collectors are looking for quality and, above all, quirkiness.

0:15:420:15:46

We all like that word, "quirkiness". Those devils were very quirky.

0:15:460:15:50

I think we should put them in at £300-£400, as a little group.

0:15:500:15:54

-Would you be happy for us to do that?

-I am!

0:15:540:15:59

You're quite determined, Anna, aren't you? Absolutely.

0:15:590:16:02

I shall be sad when they go!

0:16:020:16:04

My estimate took into account the fact there was a little

0:16:040:16:07

bit of damage here and there

0:16:070:16:09

and also the fact that some of the figures were rare,

0:16:090:16:12

but I also wanted to reflect a private nature of the lot,

0:16:120:16:15

to get those bidders raising their hands.

0:16:150:16:19

360, 380, 400.

0:16:190:16:22

420. Put another 10p in. 420.

0:16:220:16:26

I'll come back. 440. 460.

0:16:260:16:28

480, 500, will you? And 50, I'll take.

0:16:280:16:31

600. 650.

0:16:310:16:34

700?

0:16:340:16:36

700, will you?

0:16:360:16:38

As the price rose and rose, everyone wanted to join in.

0:16:380:16:43

We're clear at £900? And 50, anyone like?

0:16:430:16:45

DOG BARKS LAUGHTER

0:16:450:16:47

Was that a bid?!

0:16:490:16:52

At 950 from the dog. 1,000 will you say?

0:16:520:16:55

No, at £900 and I sell at £900.

0:16:550:16:58

Oh, wait a minute, the telephone's come back in again.

0:16:580:17:01

950.

0:17:010:17:03

At £950, on the telephone we go.

0:17:030:17:06

-Anna, £950.

-I can't... I can't believe. I love them to bits!

0:17:070:17:12

What do you mean, you love them to bits? You hated them a minute ago.

0:17:120:17:15

-No, I'd love to be rid of them.

-Someone else will enjoy them.

-Yes.

0:17:150:17:19

There's always people who like fun

0:17:190:17:21

and that's what they were, mainly - fun.

0:17:210:17:24

Look out for cold-painted bronze

0:17:240:17:26

which represent animals in human form.

0:17:260:17:28

You know, cats dressed as burglars, dogs dressed as policeman.

0:17:280:17:33

That all adds value.

0:17:330:17:35

Anna was clearly thrilled to say goodbye to that quirky, little lot

0:17:360:17:40

and hello to a hefty stash of cash.

0:17:400:17:42

Maybe the ugly, little devil wasn't your cup of tea

0:17:450:17:47

but it does prove that something intriguing, different

0:17:470:17:50

and slightly odd will appeal to the right buyer,

0:17:500:17:53

especially if the craftsmanship is as fine as that.

0:17:530:17:56

What else do you need to know if you're searching out

0:17:570:18:01

a little beauty?

0:18:010:18:02

Try to find items that appeal to more than one group of collectors.

0:18:030:18:08

That way, you instantly increase the interest your piece can attract.

0:18:080:18:12

Spend your money on one high-quality item,

0:18:130:18:16

rather than several at a lower value.

0:18:160:18:19

And, as with collectibles of any size,

0:18:190:18:22

a maker's name on smaller items can add to their value at auction.

0:18:220:18:27

At 450... Thank you.

0:18:270:18:29

THEY GASP

0:18:290:18:30

No-one really knows for sure why miniature furniture was made.

0:18:340:18:39

We see it from time to time on the show.

0:18:390:18:42

Now whether they were made as apprentice pieces,

0:18:420:18:45

or examples for travelling salesman to show the client on the road,

0:18:450:18:49

or maybe it was just a cabinet maker showing off his skills.

0:18:490:18:53

Whatever, I think they are absolutely charming

0:18:530:18:56

and Caroline Hawley agrees with me.

0:18:560:18:58

This is a miniature child's Windsor chair,

0:18:590:19:02

dating from between 1840 and 1880.

0:19:020:19:05

It's made of yew wood, ash and elm

0:19:050:19:09

and it belonged to my great-great grandfather

0:19:090:19:11

and each generation of my family has sat in it

0:19:110:19:14

and I have proof here of my brother, Mark, and myself, in it

0:19:140:19:18

when I was very much younger than I am now.

0:19:180:19:20

I absolutely love it and it's been with me all my life.

0:19:200:19:23

It lives, at the moment, in my mother's home and we all love it.

0:19:230:19:27

It doesn't get much smaller than the beautifully-crafted pieces

0:19:300:19:34

of jewellery that turn up at our valuation days,

0:19:340:19:37

which often end up in the hands of expert

0:19:370:19:39

Christina Trevanion, who, by her own admission, loves a sparkly trinket.

0:19:390:19:44

So she leapt at the chance to visit Hatton Garden in London,

0:19:460:19:50

an area that has been at the centre

0:19:500:19:52

of Britain's diamond trade for centuries.

0:19:520:19:54

To say I love my jewellery is a complete understatement.

0:19:560:19:59

I'm in my spiritual home, here in the centre

0:19:590:20:01

of London's jewellery industry.

0:20:010:20:03

I'm really excited, because I've come to meet Rachel Lichtenstein,

0:20:030:20:06

who is a historian and has written about the history of Hatton Garden

0:20:060:20:09

and why we associate it so much with the jewellery industry.

0:20:090:20:12

So when did Hatton Garden emerge as a hub for the jewellery industry?

0:20:210:20:26

There was one very important business that arrived in 1822

0:20:260:20:30

and that was Johnson and Matthey.

0:20:300:20:33

They were metal assayers and refiners of gold and platinum.

0:20:330:20:38

It wasn't really until diamonds arrived in the area,

0:20:380:20:42

in the 1870s, that Hatton Garden

0:20:420:20:45

really became the centre of the diamond and jewellery quarter,

0:20:450:20:49

not just of London, but of the world.

0:20:490:20:51

So, in the 1870s, diamonds were discovered in South Africa,

0:20:510:20:54

at the Kimberley Mines.

0:20:540:20:56

There had never been so many diamonds discovered.

0:20:560:20:59

There were two Brits - Cecil Rhodes

0:20:590:21:02

and an East London Jew, called Barney Barnato,

0:21:020:21:05

and together, they formed the De Beers mining company

0:21:050:21:09

and in 1893, De Beers sold their entire production

0:21:090:21:14

of rough diamonds to the London Diamond Syndicate.

0:21:140:21:18

From that point onwards, you can really track the development

0:21:180:21:21

of Hatton Garden becoming the centre of the diamond trade internationally.

0:21:210:21:26

By 1910, there were over 200 separate companies

0:21:260:21:30

in the street of Hatton Garden alone.

0:21:300:21:33

So you've had these 200 companies in Hatton Garden.

0:21:330:21:36

What would it have felt like? What would I have seen or heard when I was here?

0:21:360:21:40

It was very much a Jewish trade, at that time,

0:21:400:21:42

an international trade,

0:21:420:21:43

and what you'll find today, deals are still done in that really

0:21:430:21:46

old-fashioned way, with a handshake and the Yiddish words,

0:21:460:21:50

"Mazl" and "brokhe", which means luck and blessing.

0:21:500:21:53

If you go back on a deal, then you're finished in Hatton Garden.

0:21:530:21:58

Trust is everything and everyone knows each other.

0:21:580:22:01

That's the way it still operates today.

0:22:010:22:03

I'm off to have an explore, so thank you so much for talking to me.

0:22:030:22:06

-I'm really looking forward to it now.

-Enjoy.

-Thank you. I will!

0:22:060:22:09

So many of these businesses around us today have been set up

0:22:180:22:21

by European refugees at the turn of the 20th century.

0:22:210:22:24

I'm really looking forward to meeting Robert Holt, who, I hear,

0:22:260:22:28

at the tender age of 90, is still running his own family business.

0:22:280:22:32

So Robert Holt, you came here as a refugee in the 1940s, is that right?

0:22:360:22:41

-1939.

-1939.

-Just before the world war started, yes.

0:22:410:22:45

I understand that your business got going because somebody gave you

0:22:450:22:48

a large consignment of gemstones which you could then sell?

0:22:480:22:51

What happened was, a man came to see me from Brazil.

0:22:510:22:56

He said, "I've got a big problem. The problem is that I have a huge

0:22:560:23:00

"consignment of stones that I exported officially to this country.

0:23:000:23:05

"There is a vast quantity available. Could I store it with you?

0:23:050:23:08

"And would you try and sell it?

0:23:080:23:10

"If you do sell it, would you send me the money?"

0:23:100:23:13

I felt I had to learn something more about it.

0:23:130:23:16

I took a course in gemology and geology and I was quite successful.

0:23:160:23:21

From nothing, you've built up this wonderful business

0:23:210:23:25

and now, it's still in the family?

0:23:250:23:28

It is, yes, and I'm very proud that it is.

0:23:280:23:31

The bedrock of Hatton Garden's colourful past is lapidary -

0:23:330:23:36

the incredibly specialised art of cutting,

0:23:360:23:39

polishing and engraving precious stones.

0:23:390:23:42

Christina caught up with Robert's son, Jason Holt, to find out more.

0:23:420:23:47

I would say lapidary is about unlocking the true beauty of a stone.

0:23:470:23:52

Take this stone, for example.

0:23:520:23:54

If you saw this on your drive, you wouldn't think twice about it.

0:23:540:23:57

It's a piece of nothing, it's a stone. But this is a garnet.

0:23:570:24:01

This, you would not think is red.

0:24:010:24:03

Once you start polishing and cutting it,

0:24:030:24:06

you can create that true colour that's within it.

0:24:060:24:10

How do you decide which cut to create from this?

0:24:100:24:13

You would take something like this, you would see where the colour is,

0:24:130:24:17

where the greatest clarity... Clarity comes into it.

0:24:170:24:20

There are lots of inclusions, lots of cracks inside.

0:24:200:24:22

You want to avoid that and have as clean a stone as possible.

0:24:220:24:25

-The cleaner the stone, the more sparkly it will be.

-The better?

0:24:250:24:28

You'd want to start what we called "pre-forming".

0:24:280:24:32

You'd want to take the stone and decide what shape do you want it.

0:24:320:24:36

The next stage is then to take it to the grinder, where you really

0:24:360:24:40

go to the next stage of getting much closer to the end shape.

0:24:400:24:44

Then the final is adding the facets.

0:24:440:24:47

The art of the lapidary creates the brilliance, creates the lustre,

0:24:480:24:53

creates that, "Wow, that looks alive!"

0:24:530:24:56

# I put a spell on you... #

0:25:010:25:03

Faceting is the technique of cutting different faces,

0:25:030:25:06

or facets, into a stone.

0:25:060:25:08

# Cos you're mine! #

0:25:080:25:09

Improvements in technology have propelled

0:25:090:25:12

the art of faceting to ever-more sophisticated heights,

0:25:120:25:15

producing stones of increasing brilliance along the way.

0:25:150:25:19

We've got an array of antique items on the table here.

0:25:190:25:23

How would it be different for a lapidary who cut these stones

0:25:230:25:27

to a lapidary who cut modern items like this?

0:25:270:25:30

-If we take these, what we call, rose cuts.

-Mmm.

0:25:300:25:33

There are far fewer facets and if you look at the facets,

0:25:330:25:37

they're not, I would say, perfectly in line.

0:25:370:25:40

They are slightly asymmetrical.

0:25:400:25:41

How would they have cut these, would it have been by hand, or by machine?

0:25:410:25:45

It would have been by hand. It wouldn't have been a motor,

0:25:450:25:47

-it would have been a wheel turned through a pedal.

-Mmm.

0:25:470:25:51

As we move along to this beautiful Art Deco brooch, 1930s,

0:25:510:25:57

where you see the sapphires and the diamonds,

0:25:570:25:59

each sapphire would have been meticulously cut

0:25:590:26:02

to fit into that design.

0:26:020:26:03

That's incredibly minute. What if you got it wrong?

0:26:030:26:06

Well, you would have to start again.

0:26:060:26:08

It has to be said, many of the techniques that would have

0:26:080:26:11

made that beautiful brooch are used today for the very best stones.

0:26:110:26:14

You want to be using your eye. You want to be using your head.

0:26:140:26:18

When do you start seeing the introduction of computers

0:26:180:26:21

and lasers and it being much more of a mass-produced industry?

0:26:210:26:25

I would say in the '80s and '90s.

0:26:250:26:27

You'll see these are black diamonds.

0:26:270:26:30

-All perfectly set.

-All very, very uniform.

-All uniform.

0:26:300:26:34

Same size, same cut.

0:26:340:26:35

This, I would imagine, would have been cut by laser

0:26:350:26:39

and by computer, by machine.

0:26:390:26:40

So it's become an incredibly sophisticated industry, hasn't it?

0:26:400:26:44

Very sophisticated, very exciting

0:26:440:26:46

and so, what we are now finding is that they can create

0:26:460:26:49

looks of gems that they couldn't in the 1900s and the Victorian times.

0:26:490:26:55

As we go along, the precision of stones is far greater.

0:26:550:26:58

If you see a square-cut stone, or lots and lots of facets,

0:26:580:27:02

it's usually indicative that it's made in recent times.

0:27:020:27:06

My top tip for buying jewellery, and especially buying antique jewellery,

0:27:110:27:15

is get yourself one of these.

0:27:150:27:17

This is a jeweller's loop and ten times magnification

0:27:170:27:19

and get used to using it, as well.

0:27:190:27:21

The more you handle, the more you look through, the more you'll learn.

0:27:210:27:25

Secondly, using your jeweller's loop, or sometimes your eye,

0:27:250:27:28

antique jewellery, by its very nature, shows signs of wear,

0:27:280:27:31

which is great for identifying antique pieces,

0:27:310:27:33

but also, there's a fine balance between spotting an antique piece

0:27:330:27:36

and having too much wear, where it becomes devalued.

0:27:360:27:40

If you look at the stones within a piece of jewellery

0:27:400:27:43

and they're totally 100% symmetrical, I would suggest

0:27:430:27:46

that you're looking at a relatively modern cut, computer cut, stone.

0:27:460:27:51

Fundamentally, I would say

0:27:510:27:53

if you're looking for a piece of jewellery to wear yourself,

0:27:530:27:55

the rulebook goes out of the window and buy with your heart.

0:27:550:27:58

'As Christina showed us,

0:28:020:28:03

'if you want to buy or sell miniature objects,

0:28:030:28:06

'look carefully for finely-fashioned quality workmanship,

0:28:060:28:11

'like those beautiful gems.

0:28:110:28:13

'You could be sitting on a winner.'

0:28:130:28:15

-Yes, that's more like it.

-Well done! Thank you very much.

-£620...

0:28:150:28:18

And please, join me again soon for more Trade Secrets.

0:28:180:28:22

Subtitles by Red Bee Media Ltd

0:28:390:28:43

Download Subtitles

SRT

ASS