Tag Archives: auction

Treasure Trove of Vintage Toys go Under the Hammer

Princess Leia, R5-D4 and Klaatu carded figures sold for £260
Princess Leia, R5-D4 and Klaatu carded figures sold for £260

It’s literally ever vintage toy collectors dream….busting into an old abandoned building and finding a gold mine of untouched goods, and that’s literally what happened back in May this year when the old, abandoned and boarded up building that once contained the Frank Beech Toy Shop in North Wales was opened up to find literally thousands of vintage collectible star wars, barbies, action man and GI Joe toys from brands like Hasbro and Palitoy.

The toy shop, which opened 70 years ago (the 1940’s), closed it’s doors in 1999, was boarded up and remained as such, filled with thousands of dollars worth of stock, until earlier this year when discovered by Vectis Auction House who went in to pack up whatever had been left behind when the store closed it’s doors 16 years prior.  Vectis were able to recover 120 pallets of boxed collectible figures, toys, cars, board games and dolls that would make every collector wish they had been the ones to find it.

The auctions, which have been split over a total of nine auctions, are continuing (part four ran last Wednesday October 21st) and are seeing collectors from all over the world from London to USA and to Australia, take part and bid on hard to find and elusive vintage items, most of which are still mint on card or still sealed in original shipper boxes.

Check out some of the items below from parts 3 and 4 actions.

The first auction back in April 2015 only represented about 10% of the items available and raked in over £58,500 pounds with auctions two through four hitting the same amount leaving most expecting the total sale to hit nearly half a million pounds.  One collector paid £200 for four empty cardboard boxes covered in pigeon droppings because they had labels on from manufacturer Palitoy indicating they once contained Star Wars toys.  Speaking with The Daily Post, John Cathrall, a cataloguer with Stockton-on-Tees auctioneers Vectis Auctions, said  “They used to have Star Wars (toys) in them so people wanted them but they were absolutely awful!  The highlight was that we got someone who came all the way from Holywell just to buy two or three lots because it was his childhood Christmas shop.  He wanted to take some back, that’s what we want to see happen with the toys – we want to see them go back to good homes.”

boxes
The empty cardboard boxes that fetched £200 in the Frank Beech Toy Shop auction

The auction house says many of the Frank Beech Toy Shop’s most collectible items were brought back first and are “buried deep” in their warehouse and are most likely to feature in the final auctions.  Mr Cathrall added: “There was a heck of a lot of Star Wars grabbed on that (first) trip!

Dates are yet to be announced for the rest of the remaining five auctions.

The Block Glasshouse Finale: Mega Highs and Disastrous Lows

Runners up Chris and Jenna walk away with $300,000.
The Block Glasshouse Runners up Chris and Jenna walk away with $300,000.

Surprises and disappointments as The Block Glasshouse fails to deliver on auction day for all 5 couples.

What’s the general feeling about tonight’s The Block Glasshouse finale?

Pretty sure we just watched three of the five couples get kicked in the nuts – but that’s reality television isn’t it folks?

After catching up with the contestants, the wedding between Max and Karstan, finally seeing the reserve prices and choosing auction order, we finally got into the nitty gritty of auction time which usually results in gasps of shock and tears of joy and couples revel in new-found money.  This time however, it wasn’t a pretty result.

After a false start ( bidders refused to move off the reserve of $1.5 million) first couple off the ranks, Chris and Jenna eventually managed to sell their apartment for $1.81 million – $310,000 over reserve.  We all at home breathed a sigh of relief as the couple avoided a disaster and walked away with some mega coin in their pocket.

Next up, brothers Simon and Shannon, whose reserve of $1.565 million (that includes the $10,000 off they won) was quickly bypassed as bidding was fast and furious, eventually selling at $1.9 million – $335,000 above profit.

While these figures are no where near what we’ve been treated to the past few seasons of The Block, $300,000+ is nothing to scoff at.

It’s here when things began to go downhill and the grey in host Scott Cam’s hair began to push on through.  Couple three – Max and Karstan had the highest reserve and the other contestants, their estate agents and pretty much all of us at home were expecting big numbers – but what we expect and what actually happened are two very different scenarios.

Max and Karstan’s reserve of $1.67 Million (minus the $30,000 bonus) saw the couple’s auction falter from the very beginning.  An opening bid of $100,000 under reserve and no real interested bidders saw expectant smiles turn to tears as the hammer went down on a final bid of $1.71 million – $40,000 above reserve.

A general “wtf just happened” hit social media as the couple expected to win the season walk away with only $40,000 profit. While it’s not the first time such a poor result has happened on the show (All-Stars Mark and Duncan nabbed $25,000 for their efforts) I don’t think anyone saw this result happening.

Dee and Darren, couple number four, entered the auction a little more hesitant after the poor result for Max and Karstan and rightfully so.  While often judged for poor attitudes, there was no denying the finished apartment offered by the couple was nothing less than perfect.  Unfortunately, none of the bidders saw it like that.  Their reserve (equal lowest with Michael and Carlene at $1.4 million or $1.37 million minus $30,000 bonus) saw bidding halter almost immediately and finally selling for $1.38 million.

$10,000 over reserve.

By this stage, two of the four couples are walking away with over $300,000 while the other two combined make up $50,000.  Pretty safe to say, there were more than a handful of expletives shouted in almost every lounge-room tonight.

Lucky last couple Michael and Carlene (yes, I WANT that lounge/dining room) entered the auction with the lowest of expectations after the previous two results.  Just like Dee and Darren, they started with a reserve of $1.4 million which was taken down to $1.38 million after their bonus was subtracted.  Good thing is was as at one point, the discussion of passing in the apartment was talked about.

While passing in seemed like the best option (a property has not been passed in on The Block since season 4, when three of the four properties failed to sell at auction) a final bid of $1.39 million meant the couple walk away with only $10,000 profit.

Devastated:  Michael and Carlene walk away with $10,000 in winnings.  (9News)
Devastated: Michael and Carlene walk away with $10,000 in winnings. (9News)

So what caused, as Scott Cam says “the most traumatic and bizarre auction I’ve done“.?  Could it be the reserve prices?  The fact some of the apartments had no windows and the only source on natural light came from the exposed terrace?  How is it that couple Chris and Jenna, who placed the lowest 7 times after judging, walk away with so much money compared to Michael and Carlene who topped the judges board?

There are some reports noting that over the top reserves for the location plus the lack of interested bidders played a massive part.

Sound off in the comments below!

Either way, I can’t imagine this to be great advertising for wannabe Blockheads for the next 2 series (yes, another 2 series is already in the works!) of The Block.

The Glasshouse Auction. The Block Finale

Will Michael and Carlene take out The Block Glasshouse?  Source: Supplied
Will Michael and Carlene take out The Block Glasshouse? Source: Supplied

Spoiler Free!  While the auctions have officially taken place, no word on final standings here until after the official airing tonight!

It’s auction time!  Nine’s reality hit The Block: Glasshouse comes to a close tonight with the couples all heading to auction, hoping to take out the $100,000 top prize.

Tonight’s finale will see each couples original reserve price plus the current reserve price with prizes won over the last two weeks for work on apartment 6 subtracted off the reserve.

Max and Karstan have won $30,000 off their reserve along with Dee and Darren.  Michael and Carlene earned $20,000 off their reserve with Simon and Shannon nabbing $10,000 off while Chris and Jenna remain the underdogs going into auction with their original reserve.

So how have the couples and apartments fared up to now?  Word has it that all apartments are expected to reach around the $1.3m to $1.5m dollar mark with Ray White agent Matt White tipping Max and Karstan’s apartment to win (Matt is Michael and Carlene’s agent)

I’m hopeful of and not expecting another surprise win like last season when Steve and Chantal walked away winners from The Block: Fans Vs Faves – meaning, sorry Chris and Jenna, you guys were entertaining but I don’t see you for the win.  I’d like to see Michael and Carlene take out top prize but then again, I’m completely in love with the bookcase enclosed lounge they delivered – and therefore slightly biased.

My final tip – It’ll be a battle between couples Dee and Darren and Max and Karstan.  Both have produced the most consistent apartments with high quality finishes.  I’m not officially picking a winner – as you know, it never pans out for me!

The Block: Glasshouse auction finale airs tonight, Channel 9 from 6:30pm.