Wednesday 25 September 2024

Lot 14

A rare George II 'Warning Carrier' notice.  London, 1731.  The notice numbered 11955 and dated...

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Lot 14

A rare George II 'Warning Carrier' notice. 
London, 1731. 
The notice numbered 11955 and dated...

Price Realised: £144

Estimate: £100 - £200

Price realised is hammer price plus fees (31.2% Buyers Premium inclusive of VAT).

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Lot 14

Description

A rare George II 'Warning Carrier' notice. 

London, 1731. 

The notice numbered 11955 and dated July 1, 1731. The printed text reading: Taken the 30th of June, out of a Closet, in a Box, of Mr. Luke Philpot, by a Servant Maid of the House and two of her Acquaintance, four East-India Bonds, mark'd with the Letter B. No 22736 for 100l. No 19478 for 100l. No 26569 for 100l. No 19343 for 50l. with a Bank Note of 20l. and a Lease of a House. If any of the said Bonds are offer'd to be sold, you are desired to stop them and the Party, and give notice to Mr. Luke Philpot, at the Sign of the Crown in Rood-Lane, Fenchurch Street, and you shall have Ten Guineas reward for the whole, or proportionable for each Bond. Benjamin Pyne, Beadle at Goldsmith's Hall', with handwritten note to top right corner reading 'weight single', 9 x 10cm

Warning carrier notices were printed squares of paper that warned local jewellers and silversmiths of lost or stolen silver and jewellery. The notices described the scene and date of the crime, gave details of the object(s), provided an address to which they could be returned, and often offered a reward. They were carried by messengers employed at Goldsmiths’ Hall, and records indicate that there were three main ‘Walks’ around which these notices were carried, each approximately five miles long and taking in between 200 and 550 addresses! The messengers would visit goldsmiths, bankers, pawnbrokers, jewellers and watchmakers, notifying them of the missing items in the hope of reuniting them with their owners. The practice of distributing warning carrier notices had been in operation since the 16th century, when it is said that ‘every sovereign from Henry VIII to Charles I paid an annual reward to the beadles of Goldsmiths’ Hall for searching the shops of the London guildsmen for plate stolen from Court! Indeed, between 1558 and 1596, 15,600ozt of plate is said to have ‘disappeared’, with around a quarter described as having been ‘stollen and embeasled by untrue persons as well as gret Feastes and marriages…!’(A.J. Collins, The 1574 inventory of the jewels and plate of Queen Elizabeth)

The notices (as is the case for both examples offered in this sale) had handwritten annotations of ‘Single’ or ‘Double’ across the top. Research has shown the The Goldsmiths’ Company employed a two-tier system for circulating warning carrier notices.  ‘Single’ notices were distributed to goldsmiths alone, and accordingly were the less expensive of the two options (11s 8d), while ‘Doubles’ were circulated to every address listed, incorporating jewellers, bankers, pawnbrokers, watchmakers and goldsmiths for £1 3s 4d.

Some notices (this example is one such notice) are pierced with a hole where they are believed to have been threaded onto a string for filing.

Buyer's Premium

The buyer shall pay the hammer price together with a premium thereon of 26% up to £20,000 (31.2% inclusive of VAT), 25% from £20,001 - £500,000 (30% inclusive of VAT), 20% from £500,001 thereafter (24% inclusive of VAT). The premium price is subject to VAT at the standard rate.

VAT
VAT is not charged on the hammer price unless it is stated that there is 'VAT applicable on the hammer price at the end of the description. Buyer's premium is subject to VAT.
(ARR) - ARTIST'S RESALE RIGHT

Qualifying living artists and the descendants of artists deceased within the last 70 years are entitled to receive a re-sale royalty each time their work is bought through an auction house or art market professional.

It applies to lots with hammer value over £1,000 as follows:
0 to £50,000 - 4%
£50,000.01 to £200,000 - 3%
£200,000.01 to £350,000 - 1%
£350,000.01 to £500,000 - 0.5%
Exceeding £500,000 - 0.25%
ARR is capped at £12,500

Please note ARR is calculated in euros. Auctioneers will apply current exchange rates.

Export of goods

Buyers intending to export goods should ascertain whether an export licence is required before bidding. Export licences are issued by Arts Council England and application forms can be obtained from its Export Licensing Unit. Details can be found on the ACE website www.artscouncil.org.uk or by phoning ACE on 020 7973 5188. The need for import licences varies from country to country and you should acquaint yourself with all relevant local requirements and provisions before bidding. The refusal of any such licences shall not permit the cancelling of any sale nor allow any delay in making full payment for the lot.

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