Date: Fri 30-Oct-1998
Date: Fri 30-Oct-1998
Publication: Ant
Author: DONNAM
Quick Words:
Pottery
Full Text:
Pottery And Glass Collection Provides Retirement Fund. Wall Street Move Over
w/cuts
By Rita Easton
MANHEIM, PENN. -- Thirteen years ago, J. Harlan Miller made the decision to
prepare for his retirement with an unorthodox plan: he invested in pottery and
glass almost exclusively. Not Wall Street stocks in pottery and glass
manufacturing companies, but the actual plates, pitchers, platters, teapots,
and other table ware.
He had an eye for fine examples of spatterware, gaudy ironstone, transfer
decorated ironstone, Staffordshire, Leeds, Lehnware, redware, yellowware --
the whole range of collectibles. It was a move that a stock market
entrepreneur would find wildly speculative.
Now Miller is liquidating. The second auction (and not the last) of these
items offered 393 lots on October 17 by Conestoga Auction Company, Inc. It
grossed over $350,000 on that day alone. The stock market entrepreneur would
be envious, according to information from auctioneer and gallery owner Jeffrey
de Hart. Miller, however, has not revealed the extent of his original
investment. Two hundred eighty-two bidders from 17 states, Brazil, and
Jerusalem participated.
A rare gaudy Dutch coffee pot with dome top, in the dove pattern, sold at
$20,350 to a private collector, capturing the top price of the sale. "I'm told
by several people that that's a record for gaudy Dutch, but I don't have
research on that," said de Hart.
A green and red rainbow spatter Tulip pattern platter, measuring 14 inches by
18 inches, garnered $16,500; a five-color rainbow spatter pitcher and bowl
each went to a different buyer -- $12,100 for the pitcher and $11,550 for the
bowl; and several gaudy Dutch plates realized over $4,000 each. A gaudy Dutch
Dahlia pattern teapot went out at $12,000.
Historical blue was especially strong, with a covered vegetable dish in a
"States" pattern reaching $5,770; a 16 by 20 inch "Castle Garden Battery, New
York" pattern platter selling at $3,400; and a "Beauties of America" series
flare-top footed bowl, in the "City Hall, New York" pattern, achieving $4,180.
A three-color rainbow spatter covered sugar bowl reached $5,600; a red spatter
schoolhouse cup and saucer rang up $4,400; a Dove pattern ten inch plate in
gaudy Dutch sold at $4,500; a 9â¹ inch gaudy Dutch Butterfly pattern plate
reached $4,200; a Lehnware saffron box was purchased at $3,400; a Heinrich
Bucher document box decorated with a typical floral pattern on black ground
sold at $6,325; a mocha earthworm and cat's eye pitcher reached $3,400; a
yellow spatter "Morning Glory" plate garnered $4,000.
A Lehnware miniature cup and saucer reached a $3,550 hammer, and a red spatter
Thistle pattern bowl brought $3,700.
Speaking of Miller, de Hart remarked, "This is the second sale we've done for
him. While it was his entire retirement investment, he only bought what he
really enjoyed."
Prices quoted above reflect a required ten percent buyer's premium.
