Totem pole sold for triple its estimate
A Dorset auction house has sold a rare Native American totem pole for £19,000 - more than three times its estimate.
It was spotted by auctioneer Guy Schwinge during a contents valuation at a farmhouse in the county. It was being used as a coat stand until he pointed out its value.
The owners swiftly put it up for auction with the firm, Duke's of Dorchester, who explain why it was worth so much.
The totem pole was in good condition with only a few scuffs and paintchips and this with its history meant there would be high interest in the sale.
There were initial bids from two telephone buyers but the artefact went to one of bidders in the saleroom, UK-based dealer Spencer Swaffer. The hammer fell at £19,000.
At £19,000, it might be worth taking a second look at what you or your relatives are using for a coat stand....