Reproductions - Part 2 Flog It: Trade Secrets


Reproductions - Part 2

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You've been coming to our "Flog It!" valuation days

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for well over a decade now and you haven't disappointed.

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With around 950 shows under our belt and thousands of your antiques

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and collectables valued, you've certainly put our experts

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through their paces.

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-Absolutely beautiful. Happy to flog it?

-Yes.

-Let's flog it.

-Flog it.

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120....

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-That's a good result. Top end.

-Great.

-Happy, very happy with that.

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Very happy.

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And now we want to share some of the knowledge

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we've learnt from the items you've shown us.

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Welcome to Trade Secrets.

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To restore or not to restore?

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Now, that's the quandary that presents itself

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to lovers of all antiques and collectables.

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Damage can detract from an item's appeal,

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yet it's true to say collectors prefer authenticity.

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So on today's show, we'll be treading the fine line of restoration

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and confronting issues head-on.

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Got a bit of bad news for you.

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And we find out how to become restoration savvy.

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The best way of learning the lesson is to buy a piece

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that you think is perfect and you subsequently discover it's restored,

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cos you'll never forget that one.

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And discover what the bidders make of a recently restored heirloom.

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£1,400. We're on the phone, you're out.

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The hammer's gone down. Your husband had a good eye, didn't he?

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At our valuation days,

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the restoration we see is usually so good you can barely spot it.

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But, back in 2010, I took a trip to the foothills of Snowdonia

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to find out about a monumental restoration job

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that everybody can see,

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at Gwydyr Castle, one of the finest Tudor houses in Wales.

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A house like this just echoes of the past -

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the walls permeate history.

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You can't help yourself. You want to touch them and soak it all up.

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It was once a fortified house.

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The castle was the ancestral home of the powerful Wynn baronets,

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a significant family in North Wales throughout the Tudor

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and Stuart period.

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Today, as you can see, the house has evolved over the centuries

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but inside it's full of character and charm and atmosphere.

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All the perfect ingredients for a fairytale.

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This modern-day fairytale started in 1994 when a young couple,

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Judy Corbett and Peter Welford, followed their dreams.

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Throwing caution to the wind, they bought Gwydyr with the money

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they raised in the sale of an inherited cottage and a bank loan.

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It was totally dilapidated at the time -

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a crumbling ruin with a wild, overgrown garden.

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With the help of the Welsh Historic Monuments Agency,

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they started what will probably end up being their lifetime's work -

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its restoration.

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A restoration project of this size is a huge undertaking.

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In fact, I'm going to rephrase that -

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it's a MAMMOTH undertaking,

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but Peter and Judy are totally focused and committed.

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They love architecture, they love history

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and, with that combination, they've succeeded so far.

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It's a beautiful, beautiful castle.

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I'm going inside to catch up with Judy to find out all about it.

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What was it like when you first came here?

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Um, it was pretty derelict, yeah.

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-Roofless in part, horses and chickens living in here.

-Really?

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-In this particular room?

-Yes.

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Yeah, so it was really quite bad

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and obviously no plumbing or wiring to speak of.

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I had a walk around the grounds before I came in

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and they're beautifully landscaped now.

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Lots of formal plantings, lots of clipped yew and box

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and, gradually, it's all coming back together again.

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There's one particular tale I know you haven't mentioned yet and

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that's how you managed to do a bit of detective work on your dining room.

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Yes, a neighbour turned up with the sale catalogue.

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-Of the contents of the castle.

-Of the contents of the castle from 1921.

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Basically, to cut a very long story short,

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it transpired that William Randolph Hearst,

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who you'll know as Citizen Kane in the famous film,

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had bought two rooms at the sale here in 1921.

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The rooms had been destined for San Simeon in California,

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the castle he was building for himself there.

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We'd started doing some detective work and gradually traced the room

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to the Metropolitan Museum in New York

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and that is where we found it.

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Was it on display? Or was it just in storage?

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No, it was actually still in its packing crates from 1921.

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-They'd never done anything with it?

-Never done anything with it.

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So were they pleased to sell it back to you, then?

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Well, it took us two years to negotiate with them

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and we went over to New York to see the room, in fact...

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How fascinating!

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..and went to this extraordinary warehouse in the Bronx.

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-This whole new world was opening up for you.

-Yes.

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There, in the middle of it, was our panelled room,

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and they literally just give us a hammer and a chisel and said,

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"Go ahead and open the crates."

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And the most astonishing thing was, when we started opening the crates

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and saw this amazing room, it still smelled of Gwydyr,

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after all those years, 75 years.

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-Only you know what that smell is, really.

-Well, it moved us enormously.

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-Just to have that piece of...

-Did you have a tear in your eye?

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-I did, I'm afraid, yes.

-Can I have a look?

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Absolutely, yes.

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Of course, all the furniture, all the contents were sold as well.

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Why was there a big house sale?

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Hard to say. 1921, just after the war.

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Money was tight, same old story, it was happening all over Britain.

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And was that the start, really, of the decline?

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Yes, in Sir John Wynn's day, the estate was huge.

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You know, the deer park alone was 36,000 acres.

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So it was a massive estate.

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So this is lot 88, the remarkably fine 17th-century panelling.

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How much did it sell for back then, do you know?

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Ah, well, quite a lot of money, actually.

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I think it was something like 1,000 guineas, which is a lot of money.

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But it attracted a lot of attention.

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Hearst obviously was introduced to it by his friend, Lord Duveen,

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who owned the house then and started to asset strip, basically.

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After two years of negotiation

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it got packed away back in that box again and shipped back over here.

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It came back, yes, yes, after 75 years of exile,

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it came back to Gwydyr and...

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Was it a puzzle, putting it back together?

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Or was it all carefully marked, joint-to-joint?

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Well, unfortunately not,

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so that's why it made our job that much more difficult.

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It was very hard because they came in great big sheets of panelling

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and they had very loose markings on the back,

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but we were really working from just the sale catalogue,

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these sepia photographs.

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Whilst we were working on the room,

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we hardly left the place for two years, it was that intense,

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really, just making sure that everything went back together again.

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-You really are living and breathing this, aren't you?

-Yes.

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We're very passionate about it and love it very much.

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Gosh, here we are.

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Wow, I love the carvings, I love the trailing ivy with the grapes.

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Yeah, they're very intricate and very elaborate and...

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When was that carved? When was this made?

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Well, the panelling was made for this space

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in about 1640 for Sir Richard Wynn

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and then it's been embellished

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and played with a little bit over the centuries

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but really, yeah, 1640.

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And this echoes what's going on around the doorway, doesn't it?

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Yes, these twisty columns, they're called Solomonic columns.

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Lovely, deep relief on the carving.

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And then in the middle we've got the coat of arms of the Wynn family.

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OK, this is what we've got to look out for now

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-if we find anything like this we know where to bring it.

-Yes, exactly.

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The three eagles of Owain Gwynedd and the three lions of King Cynan.

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Was the leather panelling part of the package out of the crate as well?

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Yes, everything came back except the movable furniture.

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So even the window shutters came back.

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This leather frieze up here is actually quite important.

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When it came back from America, it was completely black.

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We took advice from the V&A

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and they said the best thing to clean it with is spit.

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So we spent six months, I'm afraid, and a lot of spit later,

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it now shines but we both ended up with very bad sore throats

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-at the end of it.

-What a wonderful tale.

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It's a great detective story, isn't it?

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Another little piece is that

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if William Randolph Hearst hadn't bought this room,

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it would have burnt in a fire the following year,

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so we're very grateful to him also.

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For Judy and Peter, restoring this magnificent Tudor house,

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it was essential to preserve its heritage

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but for everyday antiques it isn't always a clear-cut decision.

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Clearly, there are arguments for and against,

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so if you haven't quite made your mind up, maybe we can help.

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If you have a teapot and the spout's broken, I wouldn't necessarily

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have the spout restored just so you can sell the teapot

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because you might find there is an imbalance

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between outlay and suitable income.

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Restoration is always acceptable.

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But you have to mention that it's been done.

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The best way of learning the lesson

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is to buy a piece that you think is perfect

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and you subsequently discover it's restored,

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cos you'll never forget that one.

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We see all types of restored items on "Flog It!".

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For some, the restoration comes as an unwelcome surprise.

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In other cases, the objects have been lovingly restored

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by the people we meet.

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Claire Rawle had the pleasure of the latter

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at a valuation day in Hertfordshire.

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My husband bought it... We reckon about 20 years ago,

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not quite sure about that.

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..for scrap at an antique fair for £15.

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Then he took it to a local watchmaker man and he said,

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"Oh, it's worth repairing,"

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so we spent about £350, which seemed an awful lot of money then.

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I would be interested in knowing a bit more about it.

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It's a lovely thing.

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This watch had been very, very sympathetically done.

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Basically, the restorer had restored the movement and made it work -

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which is what you expect them to do -

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but hadn't gone in for lots of polishing and cleaning

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and tidying up of the dial and the hands and things,

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which spoils it completely.

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If you open it up, nice set of hallmarks inside,

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which give you the date, 1838.

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The thing I really love is when you get into the back

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and you open this last cover

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and there we have just the back of the movement.

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It's beautifully made.

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Quite understated, in a way, but you've got this nice,

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what they call this "engraved cog" here,

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which covers the escapement inside.

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Most people that buy watches don't expect them to be working.

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They'll either do it themselves or they get it done professionally.

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There are very few people that will ask, "Does it work?"

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The one thing they will ask is whether it ticks

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because that means that the main spring is still working.

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So, as long as that still goes, it's got more value.

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I think anybody who knows anything about chronometers

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will look at that and think, "Wow, yeah, that's really nice.

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"That's an interesting piece." £500 to £600.

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-Oh, really?

-Yeah.

-Yes. That's wonderful.

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The more I look at it, the more I think that it will do very well.

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-I think if you put a £500 reserve on it...

-Right, right.

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-Fix it.

-Right, right.

-Is that OK?

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-Yes, that's fine.

-Estimate 5 to 6.

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-Right.

-And, yeah, I think it should go well.

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It was lovely that it was in working order.

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I think it probably put a little bit on but not a tremendous amount.

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It was a good watch anyway.

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This is where it gets interesting. This is the beauty of an auction.

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-Because anything can happen. We could have a big surprise.

-Hopefully.

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There we are, lot 216.

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It ought to be close to 500 for this one. 300 bid, thank you, sir.

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300 I'm bid, 20... 400 he says.

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400 I'm bid. 500 we're bid for it.

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At 500. You're going well.

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Are you going to finish?

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At 500, then, I'm going to have to sell it.

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£500.

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Thank you very much.

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-I'm happy with that £500.

-Yes, it's wonderful.

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From £15, it's not bad, is it?

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Yes, yes, and you got the money back from the repairs as well

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and you had all those years of enjoying it and use.

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Absolutely.

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I think you need to be very careful

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if you're thinking of restoring a pocket watch.

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An awful lot of them actually are not worth restoring

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because the cost of restoring is totally going to outweigh its value.

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Where you've got a nice one, then, yes, obviously,

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you want to think about having it restored.

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Less called-on for pocket watches,

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an area where restoration is more commonly seen

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is with Royal Worcester China, which was established in 1751.

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Because of the pottery's vast output and the popularity with collectors

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of this fragile porcelain, restored pieces often crop up.

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Some even have replacement parts.

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The trick is, as our own

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Worcester-born boy Philip Serrell knows, is spotting it.

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I just wanted to know if it was genuine, actually.

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-Why do you want to know if it's genuine?

-I don't know.

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We bought it from a national exhibition centre and I liked it

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because of all the roses. I'm a roses person, a pink person.

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And I really fell in love with it

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and after I bought it I just wondered if it was genuine.

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This is shape number 1286,

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and it's called a crown-topped potpourri.

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It's got this dot system which started in 1891

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and there are 16 dots there,

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so we can date this quite precisely to 1907.

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It just strikes me as being a little bit odd.

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Can you see this is like an ivory

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and what we call shot-silk decoration

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in those intervals there? And yet there it's totally different.

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I have thought that myself, I did notice that.

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I just wonder whether it may have been that...

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this cover has been a replacement at some point in time.

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I think Pat was spot on, really,

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and it goes back to this thing about trusting your eyes.

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If you look at that, you can see that the rim around the bottom

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of the top didn't quite match the rim around the base of the vase.

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That should tell you that something perhaps doesn't quite marry up.

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So I think she was spot on with her instincts

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that top and bottom didn't quite match.

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So how much did you pay for it?

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We think about 180.

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I think it will show you a profit on that,

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providing there's no restoration and it's all A-OK, as I said.

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I think that my estimate for it would probably be £200 to £400

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and put a reserve on it of £200 on the basis that it's not restored.

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You know, it looks very crisp around here.

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I've had a look and it looks OK, but it's difficult in these lights.

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If you're buying a perfect piece for a perfect price, that's fine.

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If you're buying a restored piece for a restored price, that's fine.

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What you don't want to be doing

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is buying a restored piece for a perfect price.

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And restoration can be that good that, you know,

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a dealer or an auctioneer just might not spot it.

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As you can imagine,

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we were all intrigued to see what the saleroom made of Pat's vase.

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-I've been all over this, top to toe. It's absolutely sound.

-Right.

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-There is not a problem at all.

-Is the cover right for the pot?

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-That's where we fall down.

-OK.

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No, it is what we've termed in the catalogue an "associated cover".

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-It has a marginal effect on the price.

-OK.

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But not phenomenal because, at the end of the day,

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these things are rare, these are very expensive.

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And, also, for anyone out there,

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if you've got a smashed pot and got the cover,

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don't sling it out, because people are desperate to buy the covers.

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-These are often the first things that get broken.

-Yeah.

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-We're going to sell.

-Going to sell it.

-Oh, yeah.

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It's just that cover that's just going to hold it back.

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But did the Royal Worcester collectors agree?

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I open at £450.

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-Yes!

-£450 on a maiden bid clears everybody else.

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I've got 450 on my right. Do I hear 460 in the room?

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It's on a commission bid, then. Opening and closing at £450.

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All sure, all done?

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-Bang, hammer's gone down.

-Short and sweet.

-Short and sweet, yeah. £450.

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Great result. Top end of Philip's estimate.

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Although the lid wasn't a perfect match,

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the fragile nature of Royal Worcester

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means associated covers are more accepted by collectors.

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However, if you want to avoid a restored piece,

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Philip has a top tip.

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If you go to an antique fair or you go to an auction room

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and you see people picking up a piece of porcelain and biting it,

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they're checking for restoration.

0:17:020:17:04

Now, if a pot has been restored and you bite into it,

0:17:040:17:07

it's just like biting into soap

0:17:070:17:09

and you almost feel like it's going to come away in your mouth.

0:17:090:17:12

If you bite onto a piece that's not been restored,

0:17:120:17:15

it's like biting on a piece of glass, it's really quite hard.

0:17:150:17:18

That's a way of looking for restoration.

0:17:180:17:20

But, of course, in the world of ceramics,

0:17:200:17:23

other big names, like Moorcroft,

0:17:230:17:25

also have a low threshold for bumps and scrapes.

0:17:250:17:28

The joy of Moorcroft is it's fairly easy to restore,

0:17:300:17:33

because a lot of the ground colours are very plain.

0:17:330:17:36

So, you can get a big chunk out and it's just blue.

0:17:360:17:40

So, to restore a lot of Moorcroft is very easy

0:17:400:17:43

and the financial benefits are really good.

0:17:430:17:47

Easily disguised restoration, though, can come as a bit of a shock,

0:17:470:17:53

as Jim and Betty found out in 2010 with their Moorcroft trinket dish.

0:17:530:17:58

Thank you so much for bringing this little trinket dish along.

0:17:580:18:01

Now, you must know a little bit about it if you watched Flog It!

0:18:010:18:04

-I think it might be 1930s.

-Absolutely spot-on.

0:18:040:18:09

And do you know the name of the pattern?

0:18:090:18:12

-Not really.

-Testing!

-Is it Mushroom, or...?

0:18:120:18:15

-No, that's Claremont. Mushroom is Claremont.

-Right.

0:18:150:18:17

-This is Hazeldene.

-Oh, Hazeldene, yes.

-It's very similar.

0:18:170:18:20

If we turn it over, there we've got the "Made In England",

0:18:200:18:24

which tells you it's made after 1925.

0:18:240:18:27

"Potter to HM the Queen".

0:18:270:18:29

That would have been Queen Mary.

0:18:290:18:31

And the W Moorcroft facsimile signature there.

0:18:310:18:34

So a little dish that is very sought-after at auction.

0:18:340:18:38

I love this Hazeldene pattern,

0:18:380:18:40

especially with the sunset red ground to it.

0:18:400:18:44

Ooh.

0:18:440:18:45

I've got a bit of bad news for you.

0:18:490:18:52

-It's been restored at some stage.

-Oh.

0:18:520:18:54

Sorry to be the bearer of bad news, but it has been done.

0:18:570:19:00

It looks like sort of 15-, 20-year-old restoration.

0:19:000:19:03

It's starting to show through.

0:19:030:19:04

When restoration's done, when it's brand-new,

0:19:040:19:07

it's very difficult to tell.

0:19:070:19:08

The restoration fades and it doesn't last,

0:19:080:19:12

so you might think you've restored something

0:19:120:19:14

and spent £100 restoring it for ever.

0:19:140:19:17

It's not the case.

0:19:170:19:19

The restoration will come back and it will change in time.

0:19:190:19:22

So, you'll have to do it again.

0:19:220:19:24

-Is it a family piece?

-No.

0:19:240:19:26

-Where did you find that?

-Well, where did we pick that up, Jim?

0:19:260:19:30

-A car-boot sale.

-How much did you pay for it?

0:19:300:19:33

£2. £2.

0:19:330:19:34

Well, for £2, you know, it's still a great buy at £2.

0:19:340:19:40

If it had been perfect,

0:19:400:19:42

I think your £2 would have transformed into £200.

0:19:420:19:47

With the restoration, you've still made a really good investment,

0:19:470:19:52

because I still think it's going to make 60-100.

0:19:520:19:55

-Brilliant, isn't it?

-That still all right, isn't it?

0:19:550:19:57

-That more than I thought.

-It's great.

0:19:570:19:59

I just thought it's just a wee dish.

0:19:590:20:02

Well, it is a wee dish, but it's a great wee dish.

0:20:020:20:05

If you've got a rare piece of Moorcroft

0:20:050:20:08

and you can't afford 5,000 for the perfect one,

0:20:080:20:11

you can still afford 2,000 and get one that's damaged.

0:20:110:20:15

But because Moorcroft is so easy to restore, it will look fabulous.

0:20:150:20:19

And the potential to make restored Moorcroft look as good as new

0:20:190:20:23

might explain what unfolded in the saleroom.

0:20:230:20:26

A very nice Moorcroft flambe design circular pin tray.

0:20:280:20:32

And I've two very close bids.

0:20:320:20:36

And I'm started at £210.

0:20:360:20:38

210. 210. 210.

0:20:380:20:41

210.

0:20:410:20:42

220.

0:20:420:20:44

240.

0:20:440:20:46

260. 280.

0:20:460:20:48

300.

0:20:480:20:50

320.

0:20:500:20:51

20 against you.

0:20:530:20:54

340.

0:20:580:21:00

360.

0:21:020:21:03

-360.

-380.

0:21:030:21:05

400.

0:21:060:21:08

420.

0:21:090:21:10

440.

0:21:120:21:13

-440. Anyone else want in at £440?

-£440, Betty!

0:21:170:21:22

Selling on the telephone at £440.

0:21:220:21:25

-Well, who'd have believed that?

-Well done, James.

-£440.

0:21:250:21:30

Hey, we keep saying it's a roller-coaster ride of emotions

0:21:300:21:33

here in the auction room, don't we?

0:21:330:21:34

You don't know what's going to happen.

0:21:340:21:36

We keep saying it's not an exact science.

0:21:360:21:38

Damaged - yes, it was.

0:21:380:21:40

But did the bidders on the phone care? Clearly not.

0:21:410:21:45

When two people really want something,

0:21:450:21:47

you can't predict the result.

0:21:470:21:49

Now, in 2012, an elderly woman in Spain took the art world by storm

0:21:500:21:55

when she popped into her local church

0:21:550:21:58

and tried to restore a century-old fresco.

0:21:580:22:01

That was an obvious case of what not to do.

0:22:010:22:04

But botched job aside,

0:22:040:22:06

even professional restoration of artwork can be controversial.

0:22:060:22:10

In Brian and Maria's case, the jury's still out.

0:22:110:22:14

-It was passed to my father from his uncle.

-Right.

0:22:150:22:19

So it's been in the family quite a few years.

0:22:190:22:22

Father passed away in October.

0:22:220:22:24

Before that, it was always his wish to take the family abroad.

0:22:240:22:28

So it's kind of passing the legacy down, really,

0:22:280:22:30

to try and probably use it as our leverage to, hopefully, get abroad.

0:22:300:22:34

Oh, that's a lovely thing to do.

0:22:340:22:36

-I'm sure he'd have approved of that.

-Yes, he would have done.

-Yeah.

0:22:360:22:39

Just up until recently, you couldn't really see much of the picture

0:22:390:22:42

and we had it restored around Christmas time

0:22:420:22:45

so you can actually see the detail.

0:22:450:22:47

You can even virtually see the people at the front of the boat.

0:22:470:22:50

My first thought was, if they have so recently

0:22:500:22:53

spent good money on having it restored,

0:22:530:22:55

is there a hope, therefore,

0:22:550:22:57

that they can reclaim that

0:22:570:22:59

over and above what the value of the picture is?

0:22:590:23:02

And, sometimes, people are caught out

0:23:020:23:04

by believing that every time they spend

0:23:040:23:06

on some restoration or conservation,

0:23:060:23:09

it will automatically add value to the hammer price

0:23:090:23:13

in the case of the auction - that isn't always the case.

0:23:130:23:17

I would say, as a general rule, I'd normally advise against that.

0:23:170:23:20

If you're going to sell something, what people do like to see generally

0:23:200:23:23

is something that looks as though

0:23:230:23:25

-it's been hanging on a fireplace for 20 years.

-Right.

0:23:250:23:27

I started on a negative, but just that would be the general advice.

0:23:270:23:31

Having said that, it does, as you say,

0:23:310:23:33

reveal what a strong image that is.

0:23:330:23:35

And walking towards it, as I did, and seeing it on the easel,

0:23:350:23:38

it really stands out as being a lovely composition.

0:23:380:23:41

It was a good image, lots of interest, well placed on the canvas.

0:23:410:23:49

So it was a lovely painting in its own right.

0:23:490:23:52

Now, the signature is not an easy one to read.

0:23:520:23:55

You don't know anything about the artist at all?

0:23:550:23:57

-Nothing at all.

-Nothing at all.

0:23:570:23:58

I think it's by one of the Grebes, one of the Grebe family.

0:23:580:24:01

And, certainly, stylistically,

0:24:010:24:03

it looks very much late 19th-, early 20th-century Dutch School.

0:24:030:24:06

It is very much of that ilk.

0:24:060:24:08

Standing where I'm standing now, I can see the restoration.

0:24:080:24:12

-I can see this patch, particularly, here.

-Right.

0:24:120:24:14

I'm not meaning to be too negative about it,

0:24:140:24:16

-just realistic about it.

-Yeah.

0:24:160:24:17

It was quite a textured finish to the artwork.

0:24:170:24:20

But the restoration interrupted that.

0:24:200:24:23

It looked wrong, it looked thicker and it looked wrong,

0:24:230:24:25

and it had a sort of sheen to it

0:24:250:24:27

which was different to the rest of the painting.

0:24:270:24:29

I think we have to be realistic.

0:24:290:24:31

I think we've got to look at it as being 200-400, 300-500.

0:24:310:24:35

It may well be that I'm being too pessimistic about it.

0:24:350:24:38

But if you're happy to kind of bracket it somewhere in that region,

0:24:380:24:42

and I think then you've got sort of your holiday almost booked.

0:24:420:24:45

-And then anything else is a bonus.

-On top of that, yeah, sure.

0:24:450:24:48

-Does that make sense?

-Yeah.

-Yes, yes, yes.

0:24:480:24:51

Having already spent £300 on restoration,

0:24:510:24:54

they needed the painting to make at least the top of that estimate.

0:24:540:24:58

So did Brian and Maria get the holiday they wanted?

0:24:580:25:02

At 320 on the net. 340.

0:25:020:25:04

360, do I see now?

0:25:040:25:06

I've got 340 on the net. At 340 in the UK. At 340.

0:25:060:25:08

360 in Holland. 380. At 380. At 380 bid.

0:25:080:25:11

-It could be going back to Holland.

-At 380.

0:25:110:25:13

Keep clicking away. 400. £400 bid. At £400.

0:25:130:25:16

At 400. 420 now.

0:25:160:25:18

At £400. Net has it at £400.

0:25:180:25:20

We'll go to the telephones next, then.

0:25:200:25:22

420. 440. 460?

0:25:220:25:25

460, anyone, now?

0:25:250:25:26

460. At 460. 480.

0:25:260:25:28

500? £500, anyone?

0:25:280:25:30

500 on the telephone there.

0:25:300:25:31

At 500. 550 on the net.

0:25:310:25:34

Incredible. There's a battle between the telephone and the internet.

0:25:340:25:37

6 on the telephones. At 600 bid.

0:25:370:25:40

At 600. 650 now. 650.

0:25:400:25:42

700 now, may I say? £700, surely. 700 on the phone.

0:25:420:25:46

-Maria! £700.

-750.

0:25:460:25:48

800, now, do I see from anyone?

0:25:480:25:49

Who's coming in first? At 800.

0:25:490:25:51

I have 750, commission bid has it.

0:25:510:25:53

800 on the telephones. At 800 bid. At 800.

0:25:530:25:56

-And 50 now. Telephone bid coming in...

-Wow!

0:25:560:25:59

No? At 850 on the net, then.

0:25:590:26:01

1,000, now, do I see?

0:26:010:26:03

950 bid. 1,000, surely.

0:26:030:26:04

-Colin's working this very well.

-Yes, it's brilliant.

0:26:040:26:07

1,000 on the telephone. Any more bids now? 1,100. 12?

0:26:070:26:11

Do I see 1,200? I do. 1,200 bid. 13 now.

0:26:120:26:15

It's not unlucky, you know...

0:26:150:26:16

-Someone's going home with a lot of money.

-Yes.

0:26:160:26:18

..unless you don't bid.

0:26:180:26:20

1,300 bid. Thank you. 1,300. 1,400 now.

0:26:200:26:23

14, do I see? 1,400. 15 now, surely. 15?

0:26:230:26:26

1,500, may I say now? You know you need it.

0:26:260:26:29

At 1,400, then. At £1,400. We're on the phone.

0:26:310:26:34

You're out on the net, you're out in the room. Last call, then.

0:26:340:26:37

-£1,400.

-Selling at £1,400.

0:26:370:26:40

-The hammer's gone down. Yes!

-Brilliant.

0:26:400:26:42

Your husband had a good eye, didn't he? He liked that.

0:26:420:26:45

-He saw the value in that.

-He did like it.

0:26:450:26:47

-That is marvellous.

-Thank you.

-Your first auction, £1,400.

0:26:470:26:50

I was so excited when there was so much interest about that painting,

0:26:520:26:55

because I did like that painting.

0:26:550:26:57

It was a very strong, dynamic picture.

0:26:570:27:00

I was delighted.

0:27:000:27:01

It obviously went to a good home and I'm really pleased.

0:27:010:27:04

Well, that exceptional result was due in no small part

0:27:040:27:07

to some excellent marketing by the auction room.

0:27:070:27:10

The painting of the Grebe

0:27:100:27:12

even attracted bidders from its homeland, the Netherlands.

0:27:120:27:15

Now, the question is, would Brian and Maria's painting

0:27:150:27:18

have fetched even more money if it hadn't been restored?

0:27:180:27:23

Well, we'll never know.

0:27:230:27:25

Now, here are a few things to consider

0:27:250:27:28

if you are thinking about restoration.

0:27:280:27:31

The decision on whether to restore often comes down to taste.

0:27:320:27:36

If you're keeping a piece, it needs to be aesthetically pleasing to you.

0:27:360:27:40

And, sometimes, that means conservation is necessary.

0:27:400:27:44

But bear in mind, restoration is not a cheap job.

0:27:440:27:48

It's an investment in its own right.

0:27:490:27:51

And if you're planning to sell, think carefully.

0:27:520:27:55

Because that outlay won't necessarily be returned at the auction.

0:27:550:27:59

Fortunately, the Grebe painting hit the market at the right time

0:28:000:28:03

and attracted international interest...

0:28:030:28:06

..which meant Brian and Maria got that long-planned holiday.

0:28:070:28:11

They took the whole family to Ibiza and had a fantastic time.

0:28:120:28:16

And that's what I call a result.

0:28:160:28:18

Well, that's it for today's show. I hope you've enjoyed it.

0:28:200:28:22

So, go on, get out there, get buying and have some fun with antiques,

0:28:220:28:26

and join us again soon for more Trade Secrets.

0:28:260:28:30

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