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Welcome to The FREE, Government Auctions UK Newsletter

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In this issue:

Auctions This Week
Accident-damaged classics under the hammer
Tommy Hilfiger for Auction?
Car Supermarket For Wales on former auction site
House prices fall for fifth month
Positive Club

Google

Hi, PLEASE NOTE THAT THIS INFORMATION APPEARS IN THE NEWS SECTION AT THE MEMBERS' AREA AT GOVERNMENT AUCTIONS AS SOON AS WE RECEIVE IT. FULL DETAILS ABOUT EACH AUCTIONEEER CAN BE FOUND AT THE SITE.

The GAUK Newsletter is our regular FREE auction news bulletin designed to keep you updated with news, latest sales, auction results and general pieces of interesting auction information that have occurred throughout the week.

It is also published as an RSS feed, the very latest in technology which you need to take advantage of, allowing you to recieve news from all your favourite news sourches when you want it.

This is a supplement to information contained in the main GAUK Database and is an additional service. Please Read On...


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Public Sales

PLEASE NOTE: There are hundreds more auctions across the UK at Government Auctions UK

Also, more information and full contact details for all the following sales are available in the database - just type in the name of the auctioneer of your choice into the search facility. If you are a member of GAUK please note that the following information is available in the news section as soon as we get it

Team Auctions, 60 Bentinck Road, Newcastle Upon Tyne. Tel: 0191 226 0670. Sales of commercial catering equipment at 11am.Wednesday 17th August at the Ironbridge Gorge Museums, Coalbrookdale, Telford.

Brightwells, Easters Court, Leominster, Herefordshire HR6. Tel: 01568 611166. Monday 22nd August at 2pm; sheet metal machinery and effects. Taking place at Ramsden Road, Rotherwas Ind. Est., Hereford.

Robson Kay, Tilson Road, Roundthorn Ind. Est., Baguely, Manchester. Tel: 0161 998 8111. Tuesday 23rd August at 11am; stock in trade from various "pound" shops, also stock in trade of luggage and handbags, clothing etc. Taking place at Tilson Road.

Shirlaw Cathcart, 12 Lambhill Quadrant, Kinning Park, Glasgow. Tel: 0141 420 6690. Tuesday 23rd August at 12noon;animated displays, scenes and accessories, Christmas scenes and displays etc. Taking place at Block 400, Swanson Street Ind. Est., Dalmarnock, Glasgow.

Eddisons Commercial, Pennine House, Russell Street, Leeds. Tel: 0845 130 3332. Tuesday 23rd August at 12noon; the entire assets of a main Rover dealership including workshop equipment and spares, vehicles, and mobility scooters.  Taking place at Bells Rover & Seat, 73-89 Dawson Road, Hyde.

SHM Stevens Champion & Slater, The Salerooms, 61 Water Street, Birmingham. Tel: 0121 200 2206. Wednesday 24th August at 11am; CNC and conventional machine tools. Taking place at RTP Engineering, Farmer Ward Road, Kenilworth, Warks.

Sweeney Kincaid, 17-19 Colquhoun Avenue, Hillington, Glasgow. Tel: 0141 570 4000. Wednesday 24th August at 10am; new and unused refrigerated display equipment including low and standard height displays, beers, wines and spirits cases, etc. Taking place at Eltonhead Road, Sutton Heath, St Helens.

This week:

Wyles Hardy, Ley Hill Road, Bovingdon, Hemel Hempstead. Tel: 01442 832234. Thursday 18th August from 10am to 4pm; a tender sale of light commercial vehicles. Taking place at Ley Hill Road.

George Hazell & Co, The Auction Centre, 32 Norwich Road, Watton, Thetford. Tel: 01953 88255. Thursday 18th August at 10.30am; electrical wholesaler's contracting stock. Taking place at Stanhope House, Stephenson Way, Thetford, Norfolk.

CJM Asset Management, Duchess House, Queensway Court, North Lincs. Tel: 01724 334411. Friday 19th August at 12noon woodworking machines, wood stocks, building materials, office furniture and business equipment. Taking place at Unit 1, Enterprise Works, East Common Lane, Grange Industrial Estate, Scunthorpe. Tuesday 23rd August at 10am; CNC machine tools, hand and power tools, stock including display furniture, fixings and fastenings, paints and waxes etc, also 200 lots of pine furniture. Taking place at Snaygill Ind. Est., Keighley Rod, Skipton.

Japanese Car Imports

New Address:
30 Berth Tilbury Freeport, Tilbury, Essex RM18 7HB!
Please visit the website on www.japaneseimportauctions.com
New Address as above:
Turn left when entering the port and follow the road round - we are on the right after 1.4 miles.
All other contact details remain the same.

The Port Secutiry has been upgraded; please ensure you bring your Photo ID with you to ensure smooth entry to the Port. NO under 16's allowed on the Port, Port regulations.

WE ADVISE YOU TO CONFIRM ABOVE DETAILS WITH AUCTIONEER BEFORE TRAVELLING


Auction News

Accident-damaged classics under the hammer

In total, 130 accident-damaged cars with varying levels of damage will be auctioned, including a Jaguar 3.4 MRK 2 and an MGA. Most vehicles fall in Category C or D of the damaged car classification system. In addition to the auction, Universal will hold a Classic Autojumble.

Avril Palmer-Baunack, Managing Director of Universal Vehicle Services, comments: "Our last Classic Car auction was very successful; bidder attendance figures were very high and 98 per cent of classic cars up for auction were sold. We aim to repeat this success in September and will continue organising specialist auctions to offer our bidders a wide choice of classic vehicles.

The auction takes place at Universal's Sandy branch, London Road Industrial Estate, George Town Road, Sandy, Bedfordshire, SG19 1QH, and starts at 10.30am. The entrance fee for interested bidders is £5 and one form of ID will have to be presented. Bidders registered with Universal can enter the auction for free. Classic cars up for auction can be previewed on universal-services.co.uk

Car Supermarket For Wales on former auction site

Motorpoint, the car supermarket company with outlets in Burnley, Derby and Glasgow, is about to open a fourth operation in Newport. The ten-acre site on the Queensway Meadow Industrial Estate, formerly used by British Car Auctions, will create around 40 new jobs and will start doing business next Wednesday (August 24).

Motorpoint sources its cars from mainland Europe and the Republic of Ireland, and claims to offer "the lowest car prices in the country". The company says it has already sold 30,000 cars to Welsh customers from its existing sites, despite not actually having had an outlet in Wales until now.

Tommy Hilfiger for Auction?

Fashion designer Tommy Hilfiger is considering putting his company on the auction block after receiving a bid from a potential buyer.

The Hong Kong-based company is understood to have hired JP Morgan to run the auction and is ready to look at bids from both private equity and trade buyers, though the process is expected to take several months and a deal is not certain.

The news comes just a week after a cloud was lifted from the fashion house when it agreed to pay $18m in back taxes to settle a year-long federal investigation.

The Hilfiger brand name and logo have become a staple in shopping malls and department stores but has spent the past few years trying to restore its lustre and expand its reach. The company has restructured its wholesale operations and last year purchased luxury brand Karl Lagerfeld.

After being adopted as the label of choice by a number of high profile rap artists, Tommy Hilfiger is also trying to reclaim its heritage by returning to classic fashions like polo shirts.

Before the speculation emerged yesterday, the company was valued at about $1.5billion, although sources suggested it could fetch upwards of $2billion. Potential buyers are said to include the likes of Jones Apparel Group and Liz Claiborne, both of which focus primarily on women's clothing and could be interested in extending their reach into menswear.

The company said last week it expected revenues to decline to $319m from $329m in the first quarter of the year, although its pre-tax loss will be smaller. Shares in the company, which are listed on the New York Stock Exchange, jumped around 15pc to nearly $19 on the news.

Burt Flickinger, managing director of Strategic Resource Group, said he believes a financial group, as opposed to a fashion company, was a more likely buyer.

Beatles memorabilia for Liverpool auction

Lot 118 is a very rare Paul McCartney Beatles gonk dating from 1964, the year of Can't Buy Me Love and A Hard Day's Night. "What a classic item!" enthused Stephen Bailey, manager of the Beatles Shop in Liverpool.

And what of lot 169, an important collection of original handbills for Heswall Jazz Club, including one for the Beatles from September 25 1962? "A lovely thing," sighed Mr Bailey. The Beatles Shop will stage its 15th Fab Four memorabilia auction in Liverpool on August 27 during the city's annual Beatles convention. The gonk could set you back up to £350 and the handbills are expected to fetch up to £3,000.

"The market for Beatles stuff is still amazing after all these years," said Mr Bailey. "The Beatles Shop opened 18 years ago and I think I'll still have a job in 18 years' time.

"Items are sent in for the auction from all over the world and people bring them with them when they come for the convention. Often they are selling things so that they buy other bits and pieces and keep collecting."

Material this year has come from Australia, the US, Holland and Germany, with much more coming from Merseyside. "Local people still seem to have stuff in their attics and cupboards. After spring cleaning, people come into the shop to ask if something they have found is worth anything.

"I have to tell them that their copy of Please, Please Me is not worth a lot a lot because 700,000 copies of it were sold. But a tatty bit of paper advertising a Beatles concert somewhere might be worth £1,000."

Big money items in the sale include Beatle autographs obtained at the El Rio club, Macclesfield in January 1963; a fully autographed Beatles page from the 1963 programme for Roy Orbison's UK tour; and a menu from La Dolce Vita in Newcastle from the same year, signed not only by the Beatles, but also by Orbison and Gerry and the Pacemakers. Items that should not break the bank include a Beatles talc tin by Margo of Mayfair (excellent condition; up to £180) and a Beatles Thermos flask (missing red lid; up to £70).

"I've seen everything including bits of toilet paper stolen from the Apple building and bits of George's shirt sent to fans by his mother," said Mr Bailey. "But I like the little things. We have a membership card for the Cyn Lennon Beatles fan club in the US. It's probably worth only about £30 but it's amazing the club existed and someone collected the card."

But while there is plenty of Beatles memorabilia for sale, Mr Bailey regrets the lack of Merseybeat material on the market from the Searchers, the Hollies, Billy J Kramer and the Dakotas, Gerry and the Pacemakers and Rory Storm and the Hurricanes.

"Many people think that in 1961 these bands were musically a lot better than the Beatles, who were just starting out and were a bunch of scruffs who could hardly play their instruments. But it just happened that two of the Beatles were exceptionally good songwriters."

Also for sale is a signed first edition of Paul McCartney's 2001 poetry collection, Blackbird Singing. But it is not Mr Bailey's copy, acquired four years ago. "I queued 29 hours to get it. It was great fun. Wonderful, especially at three in the morning when it started snowing. But I wouldn't do it again."

£65 buys a brush with the Fab Four

·An ornate jacket worn by John Lennon for a Beatles group photograph in Life magazine in 1966 sold for £100,000 in London last month

·A handwritten manuscript of All You Need Is Love sold for £600,000 at the same auction

·In 2003, a wooden sculpture of a twin-door cupboard, titled Open and Shut and designed by John Lennon, sold for £25,000 - double its original estimate

·In 2002, a signed copy of the Sergeant Pepper album fetched almost £40,000 at auction

·Beatles bargains at the Liverpool auction include: Rare 1964 Beatles lampshade and base (chipped): up to £500

·Beatles hair brush (1964) complete with original packaging: up to £65

·Revell models (professionally painted, 1964) of John, Paul and Ringo: £70-£80 each.

·Beatles Irish linen tea towel (1964): up to £50

House prices fall for fifth month

House prices fell for the fifth month in a row in July, bringing price levels back to those last seen in December, according to the FT House Price Index, the most accurate guide to the real trends in residential property prices.

Average home prices were 0.4 per cent lower compared with June, bringing the annual rate of inflation to 4.2 per cent, the lowest since August 1996.

The average property was worth £190,783, about as much as in December last year. Gary Styles, chief economist of Acadametrics, the consultancy that calculates the index, said “Over the last five months house prices have continued to show modest falls.

Although some regions showed signs of stabilising in the first quarter, prices are now beginning to ease further in most regions.”


The Positive Club

"Believe it can be done. When you believe something can be done, really believe, your mind will find the ways to do it. Believing a solution paves the way to solution."
--Dr. David Schwartz Author of "The Magic of Thinking Big"

"There are those of us who are always about to live. We are waiting until things change, until there is more time, until we are less tired, until we get a promotion, until we settle down -- until, until, until. It always seems as if there is some major event that must occur in our lives before we begin living."
-- George Sheehan

"People waste most of their waking hours every day going through the motions, chatting idly, shuffling paper, putting off decisions, reacting, majoring in minors and concentrating on trivia. They spend their time in low priority tension relieving, rather than high priority goal-achieving activities."
-- Denis Waitley


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Government Auctions UK Team

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