HOW IT WORKS
Each team is given $500 and 60 minutes to source three items in an antiques outlet. The hope is they’ll sell them off later at auction for a profit. Whichever team has the most profit (or least loss) is the winner but both teams get to keep any overall profit made.
The key to success is: buy well and negotiate! The experts are there to help, guide and advise throughout the search. With three items purchased, the leftover ‘lolly’ (money) is passed to their expert who goes in search of a ‘Bonus Buy’.
Later in the show once the main items have been auctioned, the teams have a few moments to decide whether to go with the Bonus Buy or not. The hope is it will add to their profits, not their losses, so there’s a risk involved but it’s a risk most teams seem prepared to take
For the Aussies: Sue and Andrew (married) make up the Red Team with expert Paul Laidlaw.
Andrew’s an electrical contractor and volunteer fireman. Sue loves collecting frogs. As the show unfolds it becomes clear Andrew is knowledgeable in several areas of collecting – including phones and antique toys (specially die cast toy cars). But Sue, the dynamo - is most definitely Team Leader!
Red Team Purchases
Late 19th century rustic carved timber corner shelf with internal mirrors and a candle stand. The asking price was $30 but they got it for $15. It sold at auction for $30 making them a $15 profit.
Dinky Toys Belford Pullmore Die Cast Toy Car Transporter with ramp – circa 1961 – 1963. The asking price was $100 but they got it for $60. It sold at auction for $70 making them a $10 profit.
Cast metal plaque depicting hunting trophies. Asking price is $350 but they got it for $150. It sold at auction for $160 making them a $10 profit.
So with $275 worth of leftover lolly (that’s English for money) Paul’s Bonus Buy is a French Silver Art Nouveau Inspired Butter Knife and Sweet Server – which sets him back $165. It sells at auction for $140 – losing $25 but fortunately Sue and Andrew had wisely rejected it.
For the English: Bill and Katy (married) make up the Blue Team with expert David Barby.
Bill has lived in Australia 41 years. He works in construction but has a passion for collecting furniture, bottles, tools and plane parts.
Katy is very involved in a charity called Riding for the Disabled which enriches the lives of people with disabilities by increasing their contact and relationships with horses.
Blue Team Purchases
Eastern Telegraph Company 1893 paper knife featuring a map of the southern hemisphere. The asking price was $30 but they got it for $20. It sold at auction for $80 making them a profit of $60.
HMS Silver Pin Novelty Cushion in the form of bellows. Birmingham 1910, maker Adie and Lovekin. Asking price was $485 but they got it for $280. It sold at auction for $220, so they lost $60 on it.
HMS Silver Late 19th Century Pencil by Samuel Morden & Co. London, 1895. Asking price was $195 but they got it for $60. It sold at auction for $120 making them profit on that of $60.
With $140 worth of leftover lolly – David’s Bonus Buy is an HMS Silver Card Holder which he pays $60 for. It sells at auction for $200 making a profit of $140.
Government House in Sydney and shows us a Wedgewood Plaque featuring classical figures which Governor Arthur Phillip commissioned in the late 1780’s. It was made from (exported) Sydney Cove clay, by Josiah Wedgewood (at Etruria in Stoke on Trent, Staffordshire - England) and is one of only 11 similar plaques in the world. Its value lies in the fact it’s an example of the first work of art ever created for Australia using material which was first exported from Australia in 1788.
He also climbs the Sydney Habour Bridge and talks a little of its history. It was 1922 before rough plans for the Sydney Harbour Bridge were drawn up and the project was put out to tender. The firm who won the contract was Dormand Long and Co. of Middlesborough, England. Construction began in 1923, 1500 men were employed annually during the years it took to build. The two halves of the arches were joined on 19th August 1930 bringing a smile to the faces of depression-era Sydney. When the bridge was completed it was one of the greatest engineering masterpieces of its time. It was officially opened by Premier Jack Lang on the 19th March 1932. It is the largest (but not longest) steel arch bridge in the world and is known affectionately as ‘the coathanger’.
For more information on climbing the Sydney Harbour Bridge visit: http://www.bridgeclimb.com/
All items sourced and filmed at the Sydney Antique Centre South Dowling St, Surry Hills, http://www.sydantcent.com.au
The auction is held at Lawsons Auctioneers in Annandale. www.lawsons.com.au
Auctioneer on the day is Martin Farrah.
For more information on Riding for the Disabled visit: http://www.rda.org.au/