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Lindsay Burns & Company

£15,000 auction surprise for owner whose painting found in the attic had been dismissed as average

A painting discovered in a Perthshire attic which had been dismissed as being of little value has sold for almost £15,000. The owner had taken it to one Scottish auction house which declined to sell it as they believed it was worth less than £500, their lot threshold value, He decided to show it to auctioneer Nick Burns of Lindsay Burns & Company in Perth, who immediately recognised it had potential. "it was brought in with some other items to a valuation day and as soon as I saw it I thought there was something about it, straight away I thought there would be interest and my instinct was that in the right type of sale it could do quite well." Once the portrait of a cordial drinker was photographed for the catalogue and the King Street salerooms online bidding platform Mr Burns realised his initial feelings had been right. On teh day there were nine telephone bidders vying for the picture and numerous bids that had been left as well as people using the live internet bidding and in the room, with the picture eventually selling to a prvate buyer in England. "Bids came in from everywhere" said Mr Burns, "When I phoned the owner and told him the price he was absolutely delighted." The picture was discovered in the attic of a Perthshire house bought in the 1970's. Mr Burns said the fact that the pciture had been rejected by one auction house but subsequently achieved a good price showed that local expertise within provincial auction houses can compete on all levels in the wider marketplace.

Lindsay Burns & Company is the trading name of N Burns & C Burns Ltd., a limited company registered in Scotland. Registration number SC412672. The registered office is at 6 King Street, Perth, PH2 8JA VAT Reg. 177947251 - © 2021 All rights reserved.