All That Glisters Flog It: Trade Secrets


All That Glisters

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For many years, you've trusted the "Flog It!" team to value

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and sell your unwanted antiques and collectibles.

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Of all the official jewels that you could possibly bring along today,

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these are fabulous.

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And during that time we've learned a great deal about the objects

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that have passed through our hands.

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In this series, I want to share some of that knowledge with you

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so stand by to hear some of our trade secrets.

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When it comes to hunting for treasures, like magpies,

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we're always drawn to things that sparkle and glint

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and we see so many exquisite gold and silver items on Flog It!

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Today's show is dedicated to everything that glisters -

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all the shiny objects that have crossed our tables at valuation day.

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Coming up, the kids are in town...

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When little Katie put them on the table, I thought,

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I've never seen these before!

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And they have treasures to impress the experts.

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This is the highlight of my day.

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As well as the bidders.

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-Wow!

-What do you think about that?

-Amazing.

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Now, it doesn't always follow that

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if an item has been made of precious metal or adorned with gems

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that it's going to increase in value, but in most cases it does.

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Now, take this exquisite example of Huguenot craftsmanship made in 1710.

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Reputedly, it is the world's largest solid silver wine cooler

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and it weighs a staggering 3,000 ounces.

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Now, if this same wine cooler had been made using the finest

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Cuban mahogany of the day, richly carved and adorned

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like this has been, it would set you back around £20,000-£30,000.

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This one, well, you can definitely add another couple of noughts,

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so when does that extra sparkle make all the difference?

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When buying a precious metal object in silver or gold,

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name and craftsmanship are absolutely crucial, alongside

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condition and markings etc.

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I would always advise people to be

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guided by the individual quality of an object

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and if you just buy on names, you could come a cropper.

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The name can be the value, rarely, but not all pieces are named,

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so if it is an unnamed piece, go for quality of craftsmanship.

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A good finish, good materials and you can't really go wrong.

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Anything fashioned from gold

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and silver has that extra little je ne sais quoi that our experts love,

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and Adam Partridge knew exactly what he had in front of him.

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They were really, really smart, enamelled with birds,

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in lovely condition, by a great maker.

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They ticked all the commercial boxes.

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Aren't they wonderful?

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Silver and enamel menu holders,

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obviously for the dining table, in sets of eight and upwards.

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These were produced by a company called Sampson Mordan & Co,

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which is quite a famous company,

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particularly well known for inventing the propelling pencil.

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Sampson Mordan is one of the major names in small silver, I would say.

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They were prolific manufactures, but always very high quality

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and small items. Desktop items, ink wells, the list is endless.

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They assayed items in London, Birmingham, and these ones,

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more of interest to me, as I'm in the north-west,

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were assayed in Chester...

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which is slightly rarer, slightly more interesting,

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than the ones that were in Birmingham or London.

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We can put an estimate of £100 to £150, but I wouldn't be surprised

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if they made more like £200 to £250 once the bidding had happened.

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Two silver menu holders. It gets exciting now. Here we go.

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Were they going to fly at auction?

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We've got 520 here. 550, 580...

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-600, 620...

-I can't believe this.

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-650, 680...

-Still going.

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700, 720?

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£700. There's the bid on that telephone at £700.

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At £700 and done, thank you.

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-Bosh!

-Excellent, thank you.

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What do you think? A big smile there.

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Small silver is extremely desirable,

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so I was a bit conservative with my estimate on those ones.

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Oh, well, Adam, at least you were right

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about the collectability of Sampson Mordan.

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Their charm and quality always attract the buyers.

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Why not see if you can find any of their propelling pencils,

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enamelled vesta cases or pin cushions?

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Small items with glittering prices.

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We often come across this question on "Flog it!" -

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to scrap or not to scrap our precious objects

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made of gold or silver?

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And the team is divided on the matter.

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Scrapping is a real bugbear of mine

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and it's not a big question for me at all.

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I can't stand it that things get scrapped.

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If something is horrible, it's thin and tinny,

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and has no artistic merit whatsoever,

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but it's worth £300 if you melt it down,

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melt it down and hopefully an artisan silversmith

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will get hold of that and make something beautiful.

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If you've got a lovely piece, though, beautifully made,

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don't scrap it, because it'll probably be a one-off

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and there won't be another one around,

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so think carefully before you put everything in a melting pot.

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When we scrap gold or silver,

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we're aiming to maximise price by weight,

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but when Michael Baggott came across a silver teapot,

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it wasn't so much the weight that appealed, as what it told him.

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It's a super thing,

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and anybody that knows anything about silver will be looking at that

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and saying, "Oh, that's a beautiful London teapot of about 1830." But...

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Oh! The first hint that something's up

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is the fact that I'm having difficult lifting it.

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Lifting it, yes.

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Weight, when you're looking at silver, is a very good indicator,

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not in itself, but taken as a whole, as to quality.

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Obviously, the heavier something is,

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the more expensive it is to make,

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so obviously there might be more

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skill required in the manufacture of it.

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-Actually, the second thing is this handle.

-Oh, really?

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-Because it's horn.

-Oh, right.

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English handles are silver with ivory insulators or they're wood,

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so we're not in England anymore.

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Turn it over, and, great, that's what we want to see.

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We've got H&C in a rectangular punch,

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then we've got an elephant, which is signs of things not English,

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and a little A.

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These are the marks that were used by Hamilton and Company,

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who were probably the leading silversmiths in Calcutta,

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and things were worked to a very heavy gauge.

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So whenever you see something which is very elaborate like this

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and it weighs a tonne, those are the warning bells that it's going

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to be a piece of colonial silver.

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It's still not, frustratingly, as valuable as if it were English,

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despite the fact it's much rarer.

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Rarity doesn't always mean value,

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because it can mean that there are less collectors,

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and if there are less collectors for something, it won't make as high a price at auction.

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At auction, it's going to be in the region of about £350 to £550.

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-OK.

-That's the sort of bracket and see how it goes.

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A piece like this is about so much more than its weight.

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It evokes an important part of British history.

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But would the bidders agree?

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I'm going to start the bidding at 600. Is there 20 in the room?

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-At £600, it's selling.

-Good grief.

-Is there 20? At £600. Any more?

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At £600. Commission bid. Are you all done? That's £600, last time.

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Yes, the hammer's gone down. £600.

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Strangely, at the time we sold it, it was less valuable

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than an English teapot,

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because Indian colonial silver was in a slump.

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That's now not the case and colonial silver is sought after,

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so were it to be offered again today,

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it would probably make slightly more.

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But that's just how the markets go.

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Sophia's solid silver teapot may have conjured up

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the days of the Raj, but Anita found two starry items which oozed

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the style of another bygone era, and were truly out of this world.

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These wonderful compacts from the 1950s were absolutely marvellous.

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When little Katie put them on the table, I thought,

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"I've never seen these before!"

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-Do they belong to you?

-Yeah, they do.

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-Do you play with them?

-No.

-No?

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Compacts you usually keep in your handbag to powder your nose

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when you're out. These are like dressing table examples of them.

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If we open it up, it's very interesting.

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It's called The Flying Saucer.

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It is a lot of fun. I like it.

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This other one, again a dressing table example,

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and this one is called Pygmalion, Made in England.

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The inventiveness and the reflection of what was happening at the time

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was shown in these little compacts

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and I think they were really just the best fun in the world

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and a perfect example of 1950s bags of style.

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I think we'll estimate them

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at maybe £50-60 with a reserve of maybe 45

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but hope that we've got those hip kids

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that are out for that type of item.

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I can start the bidding straightaway at £120.

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-SHE GASPS

-Wow!

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180. 180 on commission.

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200.

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On the phone at 200. 220.

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THEY GASP

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No? At £240, these very rare compacts.

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Selling now.

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-Wow!

-What did you think about that?

-Amazing!

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What mattered was the style

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and the period. That's what made these items interesting,

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not the components

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that made the item.

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The sparkly nature of those compacts was only part of their appeal.

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Their space-age kitsch was a real bonus.

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Appealing to people's nostalgia can prove profitable.

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Sometimes, though, all that glisters is indeed gold,

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or in this case, a very special piece of silver.

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There is absolutely no doubt that this is the highlight of my day.

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-Do you know what you've got here?

-No, not really.

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-I had a quick look last night on the internet.

-What name did you find?

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-Omar Ramsden.

-Yeah.

-Never heard of him.

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You'd never heard of him? What's it made of?

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-Silver.

-It is indeed.

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Very, very typical piece.

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You could see this was Omar Ramsden from the other end of Ely Cathedral.

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Omar Ramsden was born in 1873, died in 1939,

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and was one of the great 20th-century silversmiths

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in this country.

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Quality, quality, quality, but also he did his own enamelling.

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A lot of silversmiths would send their work off to an enameller

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to have that work done.

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He did his own enamelling so that he did the whole object.

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And it's hugely collectible.

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I'm going to turn it over, just so we get all the info here.

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The monarch, there we are, George V, and the date letter, 1935,

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and it's even got Omar Ramsden and the OR mark on it.

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Frankly, it couldn't be better. What's it worth, Jack?

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-I don't know, 500, maybe?

-£500, you think?

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Jack was a very bright boy, IS a bright boy,

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but I can't believe he looked at a bit of Omar Ramsden and said,

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"I think this is worth £500," not at his age.

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Well, he's got a huge future ahead of him if it was his own valuation.

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This is worth over £1,000.

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What?!

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Oh, that was a funny noise, Jack!

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This is worth, in my opinion, certainly £1,000-1,500.

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Wow.

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Wow, indeed, and at auction the shocks kept coming.

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1,100, 1,200, 1,300,

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1,400, 1,500,

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1,600, 1,700,

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at 1,700,

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at 1,700,

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1,800, 1,900.

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-We've done it.

-2,000, 2,100,

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2,200, 2,300, you're both out down here.

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2,300. 2,400?

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-2,400 this side.

-This is great, Jane.

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2,500.

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2,600. At 2,600, look at the action pose.

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2,600. 2,700.

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2,600 there. Where are the other two phones now?

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I sell on the phone with the bid.

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At £2,600, are you sure you're done?

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-Yes!

-The hammer's gone down.

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£2,600!

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OK, Jack, do you know where all the money's going?

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-Er...

-Has Mum and Dad decided?

-To my bank.

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The Jack Bank!

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A good, full price,

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but it was the quality.

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Everybody knows that if you buy the best

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and you buy a bit of Omar Ramsden,

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the fact that it's 2,600 on that day -

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it comes up in another five years' time, it'll be 3,600.

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It's not going to go down.

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There's no more of it being made

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and that was a perfect hallmark,

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no chipping to the enamelling. The whole thing was perfect.

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If you can't stretch to gold or silver, take my advice -

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go out and buy some pewter.

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That would be my number one choice.

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Start off with the small plates,

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18th-century ones, with a stamp on it, the maker's initial,

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known as a touch mark.

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They start at around £30-60 in auction.

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Work your way up to the larger plates, the chargers.

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Hopefully, get one with a broad rim, late 17th-century,

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again, with a bit of punch detail,

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a stamp mark on it and a little bit of wriggle work, as it's known,

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decoration in the style of William and Mary or King Charles II.

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Now, they're affordable as well.

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They start at around £100-200 in pretty average condition,

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so there you are, get out there and get buying.

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It's great way to get into precious metal.

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If you're interested in something shiny

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that's a cut above the rest, there's a lot to think about.

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Bear in mind changing fashions.

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Objects go in and out of vogue,

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so think about whether it shines out above the crowd now

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or whether it makes sense to hang onto it for the future.

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On trend right now are British colonial objects

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and seek out home-grown, retro, quirky items

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which have a new-found appeal.

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A good name can help increase the value.

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But named or not, remember the mantra -

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quality and craftsmanship

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and if you can tick those boxes, you'll have a piece

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that should endure the changing fluctuations in fashion.

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And there's a simple trick to test whether all that glisters is gold...

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..use a magnet.

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Iron or nickel will jump to a magnet,

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while gold and silver won't be drawn towards it at all.

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And finally, take a leaf out of Katie and Jack's book.

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Encourage children's early interest in collecting

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and you never know -

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you could be looking at the antique collectors of the future.

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-Yes!

-The hammer's gone down.

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An area of collecting that has huge appeal is coins.

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You shower us with them on "Flog it!".

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From commemorative coins, to gold sovereigns,

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whole collections and coins made into jewellery.

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We're a nation, I think, of collectors.

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I coined the term collectaholics.

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They're absolutely addicted.

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So I can relate to it. Although I've never been particularly bitten by

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the coin bug myself, I can certainly understand why you'd want to.

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But it's easy to feel overwhelmed by over 2,000 years' worth of coins

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to choose from. So, where to begin?

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There are a few key things that collectors bear in mind,

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and Michael Baggott came across a coin that encapsulated all of them.

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This is a fantastic condition gold coin.

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We've got the head of King James I.

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He reigned from 1603 to 1625.

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The denomination of this is actually a laurel.

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We've got the denomination actually struck here, which is XX,

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and that's the number of shillings it represents.

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So, it's a 20 shilling piece.

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We have to think about a whole series of things

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when we value coins. These, which are hammered coin...

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And a hammered coin is anything that is struck by hand

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and does not have a milled edge.

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The first thing is, how even is the flan?

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The flan being the surface of the coin.

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We've got a little bit of trimming here, but that's fine.

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But really, it is in absolutely wonderful condition.

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And at the auction, it was clear the collectors agreed.

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1,150, for the gentleman behind you. At 1,150...

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Condition, condition, condition.

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1,150, then...

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Good price, £1,150.

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That coin perfectly sums up the things to check for

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if you're thinking of collecting.

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Most important is condition.

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You can get something that's incredibly early,

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or even a Roman coin, and it can be worth a very small amount

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unless the condition is very crisp and fine.

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Really, you've got to look for condition.

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Still on really early coins, you can get some that were

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in uncirculated condition.

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You can still see just the very finest

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wisps of hair on the monarch's head and they are beautiful.

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And whatever you do, don't be tempted to polish your coin.

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That all-important patina of age

0:18:210:18:23

shows that something is the genuine article.

0:18:230:18:26

And that's what the collectors want to see.

0:18:270:18:29

If a coin is not supposed to have a hole in it,

0:18:290:18:31

and it has a hole in it,

0:18:310:18:33

it's not worth anything as a coin, so remember that.

0:18:330:18:36

A lot of coins have been turned into jewellery

0:18:360:18:38

and they've been drilled or they have jewellery mounts still on them.

0:18:380:18:42

If you see any blemishes like that,

0:18:420:18:44

a coin collector would no longer be interested in it,

0:18:440:18:47

and it's worth then its scrap value.

0:18:470:18:49

Inevitably, very rare coins are highly sought after

0:18:500:18:53

and can fetch staggering sums.

0:18:530:18:56

This Queen Anne, period Vigo, five guinea coin from 1703

0:18:580:19:02

sold for £240,000 in 2012.

0:19:020:19:06

As with any collecting, it always pays to do your research.

0:19:060:19:11

If you're collecting coins, go immediately

0:19:110:19:13

and get yourself very good guides to coins. You're lost without it.

0:19:130:19:17

Then you know what you're looking at.

0:19:170:19:19

Then get familiar with condition.

0:19:190:19:21

You're only going to know that if you go to specialists

0:19:210:19:25

and handle coins in that condition and become familiar with it.

0:19:250:19:28

Once you've done that, there are enough price guides and general

0:19:280:19:33

reference works for you to work out a framework and collect from there.

0:19:330:19:36

Coins are collectable for many reasons.

0:19:380:19:40

They're a window into history,

0:19:400:19:42

they have intrinsic gold value, and they're terribly rare.

0:19:420:19:47

But you might be surprised to hear that one of the most collectable

0:19:470:19:50

coins on the market seems at first glance

0:19:500:19:52

to be one of the most ordinary...

0:19:520:19:54

the humble penny.

0:19:540:19:56

In 1933, the Royal Mint only struck a tiny number of pennies,

0:19:560:20:00

as there were already enough in circulation.

0:20:000:20:03

Exactly how many were produced has become

0:20:030:20:06

a subject of speculation amongst collectors.

0:20:060:20:09

One man who should know is Kevin Clancy, Royal Mint curator.

0:20:090:20:13

The truth of it is we don't know how many were made.

0:20:130:20:16

People might tell you they do know, but the truth is there isn't

0:20:160:20:19

a record that says six, seven, eight or however many were made.

0:20:190:20:23

Almost certainly less than ten,

0:20:230:20:25

and they've sold for in excess of £25,000 in recent times.

0:20:250:20:31

It's the story behind this that people are attracted by.

0:20:310:20:35

Don't be fooled, there were plenty of forgeries, but you never know.

0:20:350:20:39

If you're doing some renovation

0:20:410:20:42

and see something shiny in the rubble,

0:20:420:20:44

you might just have turned up your own lucky penny.

0:20:440:20:47

If you're very lucky, you may unearth more than a penny,

0:20:520:20:56

as I discovered in Mildenhall back in 2006.

0:20:560:20:59

It's everybody's dream to find buried treasure,

0:21:080:21:11

and one freezing January afternoon in 1943,

0:21:110:21:14

in the middle of the dark days of World War II,

0:21:140:21:17

Gordon Butcher was hard at work

0:21:170:21:19

ploughing a field in the middle of Mildenhall in Suffolk.

0:21:190:21:22

Suddenly, the plough hit something in the field

0:21:240:21:27

and Gordon ran round to see what it was.

0:21:270:21:30

He started digging and he unearthed a huge black metal rim

0:21:300:21:35

of a large plate, some two foot in diameter.

0:21:350:21:39

Gordon quickly fetched his boss,

0:21:390:21:41

Sydney Ford, and together,

0:21:410:21:43

they dug down into the soil and found many more objects,

0:21:430:21:46

including dishes, goblets and spoons,

0:21:460:21:49

an astonishing 34 items in all.

0:21:490:21:52

Thinking the finds were just pewter or lead, Sydney Ford gathered them

0:21:520:21:56

all up and stuffed them into a crude old sack and took them home.

0:21:560:21:59

There, he started to clean them up,

0:21:590:22:01

and he even straightened out all the dented items quite crudely.

0:22:010:22:05

Once they were cleaned up,

0:22:050:22:07

he put them on display on the mantelpiece and the sideboard.

0:22:070:22:10

In those days, any large, valuable collection found underground

0:22:120:22:15

came under the law of treasure trove.

0:22:150:22:18

If it was deemed to be lost, it belonged to the finder,

0:22:180:22:21

but if it was thought to have been buried intentionally,

0:22:210:22:24

it belonged to the Crown

0:22:240:22:25

and the finder received a reward related to the value of the hoard.

0:22:250:22:29

The find should have been declared immediately,

0:22:290:22:32

but it was another three years before it was brought to

0:22:320:22:34

the attention of the local authorities

0:22:340:22:36

and that came about because a local doctor went round to visit

0:22:360:22:39

Ford in his house after the war

0:22:390:22:41

and saw the collection on display.

0:22:410:22:44

And it was only then that the Mildenhall Treasures were

0:22:440:22:46

revealed as the most important collection of Roman silver

0:22:460:22:50

ever to be found in Britain.

0:22:500:22:52

I've come to the Mildenhall Museum to find out a little bit more

0:22:520:22:55

and talk to trustee Peter Merrick.

0:22:550:22:57

Peter, thank you very much for joining us.

0:22:570:22:59

Now, this is the largest item. Tell me about it.

0:22:590:23:02

Yes, it is an extraordinary large thing.

0:23:020:23:05

It weighs 18lb, or 8.25 kilograms.

0:23:050:23:09

What does it depict? What's going on there?

0:23:090:23:12

Well, in the middle, there's Oceanus,

0:23:120:23:14

or Neptune, he's been called in Greek times.

0:23:140:23:17

And dancing maidens and men all around,

0:23:170:23:21

beautiful dresses, with other animals.

0:23:210:23:24

It is exquisite.

0:23:240:23:26

Let's take a look at some of the other finds

0:23:260:23:28

you've got on the table.

0:23:280:23:29

It really is a treasure trove.

0:23:290:23:30

Yes, we think it's absolutely wonderful.

0:23:300:23:33

I've noticed there's a few dents on some of them.

0:23:330:23:36

Is that because they've been knocked by a plough over the years?

0:23:360:23:40

Well, as far as anyone knows,

0:23:400:23:41

the only damage that ever occurred was when they were found.

0:23:410:23:44

Oh, really?

0:23:440:23:46

By the plough. But the whole story is shrouded in mystery.

0:23:460:23:50

So what was his reward for finding this?

0:23:500:23:53

He got £1,000.

0:23:530:23:55

That's nothing, is it, really? Absolutely nothing.

0:23:550:23:57

If he'd have reported this straightaway as a find,

0:23:570:24:00

he would have got the whole reward, wouldn't he?

0:24:000:24:03

Its value, its true value?

0:24:030:24:05

Allegedly, he would have got £50,000 for it,

0:24:050:24:08

but because he left it for so long, then all he finished up with...

0:24:080:24:13

The ploughman, Gordon Butcher, got 1,000 and so did Sid Ford.

0:24:130:24:17

It's not a lot, is it?

0:24:170:24:18

This is a fantastic collection of treasure.

0:24:180:24:21

Who knows? There might be even more out there.

0:24:210:24:23

We've got metal detectors going around like lunatics

0:24:230:24:26

looking for them.

0:24:260:24:27

"Flog It!" expert Anita Manning has eyes like a magpie

0:24:310:24:34

when it comes to spotting sparkly, shiny things

0:24:340:24:37

and it was just like her to zoom in on something rather special

0:24:370:24:40

Marion brought along to a valuation day in Cheshire back in 2012.

0:24:400:24:45

These are divine. Tell me about them.

0:24:500:24:53

I got these about ten years ago on the internet, £50,

0:24:530:24:58

including postage and packing.

0:24:580:24:59

When they arrived, they were a bit black,

0:24:590:25:01

but when I took a closer look at them,

0:25:010:25:03

I realised that they were absolutely exquisite.

0:25:030:25:06

I loved my day at "Flog It!" Tatton Park.

0:25:060:25:09

Anita Manning was lovely to me, very friendly, she loved my hat pins,

0:25:090:25:16

and she's very interested in jewellery

0:25:160:25:19

and items like that anyway, so it was just great.

0:25:190:25:23

Let's look at the actual items.

0:25:230:25:26

We have a little diamond set in silver or a white metal.

0:25:260:25:31

I'm not sure yet whether it's a white gold or a silver.

0:25:310:25:36

Dating, I would say, the late 1800s

0:25:360:25:40

and it would be one of these wonderful, big Belle Epoque hats

0:25:400:25:43

that you would wear.

0:25:430:25:45

Now, value - you've paid £50 for them.

0:25:450:25:48

-Well, somebody a while back offered me £650.

-In your hand?

0:25:480:25:54

In my hand, yes, cash.

0:25:540:25:56

But I actually declined it.

0:25:560:25:58

If you're wanting your 650 in your hand,

0:25:580:26:01

you're probably having to consider going with

0:26:010:26:04

a reserve of near enough £750.

0:26:040:26:08

-Well, I'd be happy for that.

-Shall we give it a go?

-Let's...

0:26:090:26:12

Let's give it a go!

0:26:120:26:14

And she wasn't disappointed.

0:26:170:26:19

740. In the room at 740.

0:26:190:26:21

At 740, selling them. At £740.

0:26:210:26:24

£740!

0:26:270:26:29

Which was brilliant,

0:26:290:26:30

cos that money went towards my 50th birthday party,

0:26:300:26:34

which was coming up later that year

0:26:340:26:36

and I had a great time.

0:26:360:26:38

I had friends and family, great food, a dance and we all had a great time.

0:26:380:26:43

Apart from enjoying a party, Marion is a real second-hand rose.

0:26:440:26:48

Those hat pins were part of a covetable collection

0:26:480:26:51

of vintage clothing and jewellery she's put together

0:26:510:26:54

over several decades.

0:26:540:26:56

I've been very lucky over the years of collecting

0:26:560:27:00

to acquire some very special pieces

0:27:000:27:02

that give a glimpse into our social history, really.

0:27:020:27:06

A 94-year-old lady sold these to me on the internet.

0:27:060:27:10

The beautiful embroidery on here,

0:27:100:27:12

it's so delicate you'd hardly think it was done by hand,

0:27:120:27:15

she did as the bombs were falling overhead in Portsmouth.

0:27:150:27:19

And she was willing to share her tips on collecting with us.

0:27:200:27:24

I'd recommend for anybody, if they were interested

0:27:250:27:29

in getting into acquiring items of vintage clothing,

0:27:290:27:33

to go along, if they can, to a vintage clothing store -

0:27:330:27:36

they're up and down the country - or vintage fairs,

0:27:360:27:39

where they actually get the chance to try things on,

0:27:390:27:43

see how they fit, see what suits them,

0:27:430:27:46

and then you can progress to looking at things online,

0:27:460:27:51

but be very careful about measurements,

0:27:510:27:54

because vintage clothing can be very different to modern sizing,

0:27:540:27:58

so if the measurements aren't given on the description, ask.

0:27:580:28:02

So if you're interested in starting out collecting vintage,

0:28:040:28:07

the place to start is to really think about your shape, your style,

0:28:070:28:11

what do you think would suit you,

0:28:110:28:13

because there's different shapes to different eras.

0:28:130:28:16

Also, you might be interested in a particular era

0:28:160:28:19

because of the music or the dance of that era.

0:28:190:28:22

Now, I hope we've inspired you today to go out there, get buying,

0:28:290:28:33

start a collection and, remember,

0:28:330:28:35

always trade upwards and look for quality

0:28:350:28:37

and enjoy yourself. Join us next time for more trade secrets.

0:28:370:28:41

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