Issue 1965 | 13th November 2010 UK £2.00 – USA $6.50 – Europe €3.95


medals page 48 | VARIOUS


Gallantry medal sales previewed and reviewed


UK salerooms hit by major credit card fraud


■ Many regional auctioneers now liable for fi ve-fi gure sums


Roland Arkell reports


POLICE are appealing for help after a swathe of established regional salerooms were hit by a major credit card fraud last month. Victims are now recommending the


adoption of a new protocol for regional auctioneers when conducting ‘cardholder not present’ credit card transactions. The case is the most serious of its


type in recent memory. Auctioneers in Derbyshire, Wiltshire, Avon, Sussex, London, Berkshire and Shropshire are all understood to have been duped in late October, accepting card payments for fi ve-fi gure sums for which they are now liable. A Somerset auctioneer was also


the subject of attempted fraud. The same modus operandi was


used on each occasion. A man using a number of different names including Alistair Goldsmith, Richard Baker and James Baker contacted the auction house requesting to bid by telephone on diamond jewellery lots and high-value watches. In addition to supplying contact numbers, he offered to provide copies of his passport and driving licence by email or fax. After bidding successfully (or in two cases purchasing unsold items after the sale) the accounts were promptly settled by part-payments on a number of different credit cards, with a courier collecting the merchandise immediately or on the following day. Some days later, each of the auction


houses was contacted by credit card services provider Streamline and told the transactions might be fraudulent (at least one of the cards used was on the cloned list). Subsequent investigation suggested the identifi cation documents were


continued on page 4 Do-Buy 925 Ltd O F HA T T O N G AR D E N Precious Metals


Our buying prices against a fi x of £854.58 are as follows am Thursday


9ct


14ct 18ct 22ct


per gram £9.94 per gram £15.51 per gram £19.89 per gram £24.29


Platinum per gram £29.54 H/M Silver per ounce £13.53


Phone for up to date prices Voted best prices in the Times


58G HATTON GARDEN, LONDON EC1N 8LX Offi ce: 020 7242 3235


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Weldon Weldon


FINE DIAMONDS - ANTIQUE IRISH SILVER


Galway tankard by Thomas Lynch, c.1730


Pair of Cork Hanoverian spoons by Wm. Burnett, c.1710


Queen Anne trefi d spoon, James Weldon, Dublin 1703/4


Pair of Limerick Hanoverian spoons by George Moore, c.1750


Weldon Silver and Jewellery 55 Clarendon Street, Dublin 2, Ireland


Tel: (+353)-1-6771638 Email: info@weldons.ie www.weldons.ie A n t i q u e s Tr a de Ga z e t t e: 115 Sh a f t e s b u r y Av e n u e , L o n d o n, WC 2H 8A F. P R I N T ED IN THE UN I T ED KI N G D OM


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Right: George IV drum table, in the manner of Morel and


Seddon, £40,000 at Dreweatts on November 3.


£40,000 drum from Windsor Castle


THIS George IV rosewood, parcel gilt and gilt metal mounted drum table, in the manner of Morel and Seddon, c.1825 topped Dreweatts furniture sale at Donnington Priory on November 3 with a bid of £40,000 (plus 20 per cent buyer’s premium). The table had been acquired by the vendors from Mallets (it was in cleaned


and restored condition) but of more signifi cance were a stamp dated 1866 and two labels reading Windsor Castle Room 255/1886, No. 31 and 255. The 1866 inventory for Windsor Castle is now lost but in the 1886 inventory, item No. 31 is listed as residing in a room in the Edward III Tower. The relevant entry reads: A rosewood Library Table on pillar and triangular


base with carved and gilt claw feet, four drawers in frame, with chased ormolu moulding round the top. Dreweatts had estimated the table cautiously at £2000-3000.


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