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 Monday, October 20, 2008
More on the misrepresentations of antiques at the highest market levels
Posted by Antique Trader Staff
The New York Times has recently run another article on the John and Carlton Hobbs, the British highest-of-the-high-end antiques-dealing brothers who employed the services of a British furniture restorer named Dennis Buggins to do MUCH more than buff and polish top-end antiques pieces. I encourage you all to read the story: The Feud and the FakesYou will probably want to stick to decaf when you're reading this ... I know I should have. Personally, I don't believe the "financial toll" of the scandal will be punishment enough, as Rupert Hobbs says. If it turns out the Hobbs brothers were deliberately altering antiques to bilk customers out of additional money, punitive damages should be in order. What do you think? — Karen
Antique News | Antique scams | Antiques | Antiques News
10/20/2008 1:25:32 PM (Eastern Daylight Time, UTC-04:00)
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 Thursday, September 11, 2008
Deployed troop's antiques & collectibles stolen
Posted by Antique Trader Staff
 Oh, man. I'm so mad. You would be too: Check out this article from the NBC Action News about a couple of "enterprising" fellows in Kansas who were involved in the "theft of antiques and household goods put in storage by military personnel who were deployed or transferred from Ft. Leavenworth." From 1999-2003, an employee of Century Van Lines in Leavenworth, Kansas, sorted out valuable
goods soldiers stored with CVL and placed them up for sale on eBay and at his "garage sale." Stolen goods including collectable lunch boxes, decorative platters and
oriental rugs were sold to antique shops and individuals in Kansas,
Missouri, Wisconsin and Ohio.
You can read the entire article here.Stealing from servicemen and women who are away serving their country ... shame on you!— Karen
Antique News | Antique scams | Antiques | Antiques News | eBay | stolen antiques
9/11/2008 5:56:13 PM (Eastern Daylight Time, UTC-04:00)
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 Thursday, September 04, 2008
Do your homework
Posted by Antique Trader Staff
School is back in session in Wisconsin now that Labor Day has come and
gone. I have to confess, I am one of those geeks who loved school. And
I am enjoying it the second time around, too, helping my son with
spelling words, homework and special projects. It’s like I am learning
all over again (did you notice as we get older we tend to forget
things?).
When I was a real student the first time, getting good grades came
pretty easy for me. I never got a chance to get a big head about it,
though. My mother would quickly remind me, “Brain smarts don’t mean
anything if you don’t have common sense!” (What class do I learn that
in?!)
A few weeks ago we asked readers: How do you determine a seller (or
buyer) is trustworthy? Have you ever been the victim of an
antiques-related scam? Any advice on how others can avoid the same
trap?
The response could be defined by my mother’s two words: Common Sense.
If you want to avoid being scammed, take a good look at the offer. Is it too good to be true? Then it probably is.
Reader Helen wrote about the Patricia Jacoby case: “A 22 percent return
on investment in 30 days! That sounds shady to me. The investors had to
know something wasn’t right. If they had made 22 percent on their
investment did they intend to pay taxes on that? I don’t think so. Mom
was right, no such thing as easy money.”
Sometimes, though, it’s not so easy to spot a scam artist. The victims
in the Jacoby case said she was a “nice lady” who seemed to have their
best interests at heart. Why shouldn’t they believe her?
Reader Barbara from Tucson, Ariz., said she and at least 40 other
consignors in the Southwest are fighting to get their money from an
auction house there.
“We trusted these people completely,” she wrote. “We were shocked, we thought they were as honest as they come.”
Now at least one of the alleged victims is trying to share information
with the others – and future consignors – through a Web site. Let’s
hope this network of sharing information will help police gather enough
information to file charges if warranted and help these antiques
collectors get the money coming to them.
We also can’t underestimate the power of word-of-mouth “advertising.”
If a business or individual isn’t following through on their promises,
let other potential consignors and investors know so they don’t make
the same mistakes you did. On the flip side, certainly spout the
virtues of auction houses and shops who have lived up to the reputation
of being “as honest as they come.” There are a lot of them! In these
times of schemes and scandals, they certainly deserve our business,
right?
Let’s go back to “school” for a minute and think about how we “learned”
common sense. Do moms get all the credit? How about the wise old shop
owner down the street? Antique Trader would like to know: What’s the
best piece of advice anyone gave you on how to buy, sell or collect
antiques? Drop me a line at robyn.austin@fwpubs.com or post a reply here on the Antique Trader blog.
In the meantime, do your homework! School is back in session and we are never too old to learn ... about anything. — Robyn
Antique Blog | Antique scams | Antiques Blog | Antiques Blogs | Antiques, blog, question of the week
9/4/2008 2:30:19 PM (Eastern Daylight Time, UTC-04:00)
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 Wednesday, August 20, 2008
In whom do we trust?
Posted by Antique Trader Staff
Back when I was a kid – and I’d like to think it wasn’t that long ago – I can’t recall many occasions where we had to lock the doors of our house or our car. Sometimes, during the deep-freeze days of winter, we’d even leave the old station wagon running while we popped into the store to grab some milk and bread. We weren’t concerned someone would drive off with our car. Or sneak into our house and rob us blind while we were away at church. We trusted our friends and neighbors. We trusted people in general. We didn’t give it a second thought. Somewhere along the line, that ability to trust became an exception rather than the norm. We want to give people the benefit of the doubt. And many times we can. On rare occasions, though, we get burned and the thought of trusting someone with our friendship, with our business, with our money, leaves a bad taste in our mouth. Last week, a North Carolina woman named Patricia Jacoby was sentenced to nearly 10 years in prison for a pyramid scheme. Why do we care? We care because she represented herself as an antiques dealer and investor who bilked dozens of people like you and me out of an estimated $2.5 million. The first troubling fact about this news story is that she was representing herself as a legitimate member of our industry. She lied to investors, telling them she purchased estate lots of antiques to resell them at profit and promised a 22 percent return on their investments within 30 days. The victims trusted her at her word. The other troubling fact is that this latest conviction was her third offense. According to news accounts, Jacoby was previously convicted in two other schemes. She spent a year and a half in prison for bilking investors in an art scheme after a 2000 conviction. In 2006, she pleaded guilty to similar charges and paid $56,000 in restitution to victims. Investigators said she used money raised from investors in the latest scam to repay previous victims, noting the antiques investment scheme was in the works as soon as Jacoby completed her sentence in the earlier case. Fortunately, this brand of schemer doesn’t come along every day. For the most part, we can be proud to be a part of an industry of honest, hardworking dealers and shop owners. These rare exceptions, however, do raise some red flags. Whom can we trust? How do we know if someone is running a legitimate business? Can I trust that I am not buying a fake or reproduction? Antique Trader would like to know how you determine a seller (or buyer for that matter) is trustworthy. Up to and including a police background check, what do you do to safeguard your investment before making it? Have you ever been the victim of an antiques-related scam? Please share your advice so other readers can learn from your experience, too. We’re all in this together. Let’s continue to watch each other’s back as we have been ... and pat each other’s back for your efforts to keep this industry clear of scandal. Please e-mail me at robyn.austin@fwpubs.com, post a reply here, or drop me a line in the trusty old mailbox! — Robyn
Antique scams | Antiques, blog, question of the week
8/20/2008 8:08:23 PM (Eastern Daylight Time, UTC-04:00)
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 Wednesday, August 13, 2008
Antiques dealer sentenced - again
Posted by Antique Trader Staff
Patricia Jacoby reportedly collected money from investors, promising a 22 percent return on their investment from her buying and selling antiques. The result wasn't a 22 percent increase in funds, but a 100 percent loss of funds. Jacoby wept in court as she listened to Buccellato and to letters
written by other victims – nine people sent letters to the court
describing the impact of the scheme on their lives. She said the
episode caused her "untold sadness, remorse and terrible guilt."
So, does she feel "untold sadness" and guilt because of her actions? or because she got caught? again. For me, the most disturbing detail in the story is that this is the THIRD time she's been convicted of investment fraud. Now she's facing 10 years in prison. When she gets out, let's not give her our money to "invest." She's going to need to raise $1.6 million to repay investors, but I think she should find it elsewhere ... Antique News | Antique scams | Antiques | Antiques News
8/13/2008 3:16:08 PM (Eastern Daylight Time, UTC-04:00)
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 Thursday, August 07, 2008
The "Antiques Rogueshow," starring the Johnson family
Posted by Antique Trader Staff
 It took a while, but this rogue family in the UK has finally started serving time. For stealing over millions in art and antiques over the last 20 years, the five members of the Johnson crime family will serve a total of almost 50 years. It doesn't seem like much time to serve, does it? Imagine: Staking out a British manor for a week, waiting until the right time, and smashing your 4-wheel-drive into the property and hauling away a take of $A49 million in art, jewelry, and antiques in 10 minutes. That's just one of the nefarious family's misdeeds over the past 20 years, but it was the family's largest heist. One article says of the family: Barely able to read, write or even spell their own names, their loves
included dog and game bird breeding, hare-coursing and bare-fist
fighting. Crude, but apparently they could spot the good stuff. You can read more here. Or click here to Google "Johnson crime family" and take your pick of the coverage. antique | Antique News | Antique news odd | Antique scams | Antiques | Antiques News | fine art | stolen antiques
8/7/2008 6:53:19 PM (Eastern Daylight Time, UTC-04:00)
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 Wednesday, August 06, 2008
Do you know AuctionWally?
Posted by Antique Trader Staff
If not, you should. AuctionWally, a 25-year veteran in the auction and appraisal field, has an antiques appraisal blog that is just chock-full of information on antiques values and how to sell them. You can find him at http://www.antiquewally.com, where you can view 500 stories and appraisals for free. I found this recent article on examiner.com especially interesting: Auctionwally's tips for buying expensive collectibles from eBay and elsewhereAuctionWally also tips us off to scam examiner in Karin Malchow, who keeps current with the latest scams (from Internet hucksters to door-to-door cons) and alerts readers to them. Knowledge is power, everyone! Protect yourselves. — Karen
Antique Blog | Antique scams | Antiques | Antiques Blog | Antiques Blogs | Antiques News | eBay | stolen antiques
8/6/2008 11:40:01 AM (Eastern Daylight Time, UTC-04:00)
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 Wednesday, July 30, 2008
Is there a safe place to sell?
Posted by Antique Trader Staff
 I read the following in one of my favorite collectibles forums: "My
in-laws have inherited
tons of things that look to me to be
collectors items or things of worth to others. She doesn't want these
things and I want to try and help her get rid of some of them. I don't
want to give things that are worth money away for free ya know 'cause
they don't have much money as is." And
then shortly after, I received this: "After reading commentary re: eBay
(Antique Trader 7/23/08), I wouldn't list as a beginner but I do have
variable items such as pottery and furniture that I inherited and would
like to sell. Would your experienced readers have any suggestions as
to where I can list items I'm interested in selling and not get
'taken'??" I'm seeing a trend. I think in these difficult economic times, and with the Boomer and earlier generations
beginning to pass on their
lifetime collections, people are looking to sell some of the items they don't need or want. So
we turn to you, the Antique Trader readers for your input on safe and
cost-effective places to sell, whether they are brick-and-mortar or
based on the Internet. What
do you think: In your opinion, where can someone sell their pottery, furniture, collectibles — what-have-you — and not be cheated?We would appreciate you dropping a line to robyn.austin@fwpubs.com
and letting us know, or you can post a reply here on the Antique Trader blog. Remember: We welcome your questions and commentary at any time. -- Karen
antique | Antique scams | Antiques | Antiques, blog, question of the week
7/30/2008 11:19:05 AM (Eastern Daylight Time, UTC-04:00)
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 Thursday, July 24, 2008
Internet posse roots out auction fraud
Posted by Antique Trader Staff
I was going to comment on a similar story yesterday, but didn't quite find the time. Today I just couldn't miss the opportunity again. I encourage you all to read it. It reminds us of that age-old saying: If it's too good to be true, it probably is. That's not saying you can't get taken to the cleaners with a phony item if the price is in the ballpark of where it should be... but you want to stick with reputable dealers to minimize your chance of being swindled. Buyer beware. — Karen
Antique News | Antique scams | Antiques | Antiques News | Auction | eBay
7/24/2008 2:32:33 PM (Eastern Daylight Time, UTC-04:00)
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 Thursday, May 29, 2008
Misrepresentations of antiques at the highest levels
Posted by Antique Trader Staff
*shudder* I just read this article about an antiques scandal that I just couldn't pass without comment. [you can read it here: Furniture Restorer Accuses Antiques Dealer of Deception]I doubt that I will ever be able to purchase antiques from auction houses like Christie's or Sotheby's (unless my husband's devoted efforts with the weekly lottery tickets pays off some day), but I empathize with those who have purchased items from John Hobbs, and the uncertainties they are now experiencing about their antique treasures. The optimist in me hopes that this issue is resolved quickly and equitably. Time will tell. — Karen
Antique News | Antique scams | Antiques | Antiques News
5/29/2008 4:49:06 PM (Eastern Daylight Time, UTC-04:00)
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 Monday, May 12, 2008
A road well traveled
Posted by Antique Trader Staff
The antiques world is fascinating. Unfortunately, because of the abundance and the value of antiques, they are targets for criminals all over the world. For example, check out this story from Standart News: The police say that there are about 200,000 treasure hunters in
Bulgaria, working in over 300 organized groups. Each of these groups
makes one or two million levs a year.
Western experts say Bulgaria is the third largest supplier of antiques in Europe.
Antiques, mafia, treasure hunters, smugglers ... Disturbing, but fascinating. — Karen
Antique News | Antique news odd | Antique scams | Antiques News | stolen antiques
5/12/2008 4:29:23 PM (Eastern Daylight Time, UTC-04:00)
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 Tuesday, April 29, 2008
British stolen antiques fence sentenced
Posted by Antique Trader Staff
Philip Capewell will have around five years to think about what he's done.  On April 25 an English judge sentenced the man for handling valuable antiques stolen from a couple, who was tied up in their country house, and threatened with various tortures like having thier fingernails pulled out if they didn't tell the thieves where the valuable antiques were. They did as any of us would have done when faced with such a thing; they told the thieves exactly where the antiques were. Two other men were also found guilty of conspiring to handle stolen antiques, but not of the theft itself. I'm not exactly sure if anybody has been charged with the deed itself, because this article from the Midhurst and Petworth Observor is rather poorly written. I do hope, however, that someone pays for the heinous act of committing the crime itself. This sentencing is a clear message at least to would be antique thieves and fences in England: You will do time if busted. Capewell is in poor health, suffers from depression - and has a penchant for selling stolen goods. He's a serial offender. I'm sorry for his health issues, but if you do the crime, you will do the time. Sorry. Them's the breaks. Capewell evidently showed no remorse for his crimes, and in so doing gave the entire antiques community a black eye. I hope he uses his time to the truly reflect on how he's wasted his life. antique | Antique Blog | Antique News | Antique scams | Antiques | Antiques Blog | Antiques Blogs | Antiques News | stolen antiques
4/29/2008 11:29:02 AM (Eastern Daylight Time, UTC-04:00)
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 Thursday, April 24, 2008
 Wednesday, April 16, 2008
Antiques scandal rocking the U.K. biz
Posted by Antique Trader Staff
When the story broke last week about a restorer, Dennis Buggins, in England who alleges that many dealers, including one very high-end dealer in London, John Hobbs, had been selling his restored pieces at highly inflated prices as rare antiques, I wrote something hastily and put it on the Web. Quickly after posting that, I took it down out of deference to the whole business of antiques, and to Mr. Hobbs, his family, friends and associates. The claims are, at this point after all, only allegations. We have to remember that, sensationalism aside, all parties are innocent until proven guilty. I've received numerous emails and queries from readers looking for a response to this, wondering what it means, what it could mean on this side of the pond and how far the ramifications might go. The truth is, who knows? The Times of London broke the story, and BADA has temporarily suspended Hobbs's membership pending an investigation, so I really can't have an opinion either way. It's hard to imagine that Buggins didn't know what was going on, as he was making a good deal of money out of his restorations, and it's hard to imagine that all the dealers that will eventually be implicated - many more than Mr. Hobbs, that's for sure - didn't know what they were selling. Were some of them in the dark? Probably. All? No. Let's see what other names surface before pointing fingers and rushing to judgment. John Hobbs didn't get to where he is in the business by being a scammer, so I prefer - after researching and watching the situation - to give him the benefit of the doubt. Why is Dennis Buggins just coming out with his allegations now, and why single out Hobbs if he's sold to many people? Is there an axe to grind? Who knows. Let's keep watching, stop saying the sky is falling, and wait for a proper investigation to reveal the truth. There's a tremendous amount of money at stake here, the livelihoods and lives of many more, and the overall reputation of the antiques business itself to consider. Allegations are one thing and a guilty verdict another. Right now all we have are allegations. I, for one, will refrain from casting stones until I know the truth.
antique | Antique Blog | Antique News | Antique scams | Antiques | Antiques Blog | Antiques Blogs | Antiques News | fine art
4/16/2008 12:27:28 PM (Eastern Daylight Time, UTC-04:00)
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 Tuesday, April 15, 2008
FL antique thief busted
Posted by Antique Trader Staff
Good for the Palm Beach police department and the antiques community there. The cops busted a guy that had lifted several thousand dollars worth of antiques from four different shops. Sad thing is that he probably wouldn't have been caught or pursued by the police if he hadn't been involved in a hit-and-run shortly before he got picked up. These things obviously go on all the time at antiques shops, malls and shows across the country. Is it the perception of antiques that keep enforcement from being more stringent, or simply that law enforcement has better things to do with their time than worry about antique theft? I think, as I'm sure anyone that reads this would, that communities would be well-served to pay attention to antique theft. Think about it: Any given weekend (not to mention weekday traffic) there are thousands of shows, shops and auctions going on, and thousands and thousands of people going to these places. Do the math on it and you get a huge amount of dollars. Extrapolate possible theft and that equals many thousands of dollars of lost revenue right there. It starts by getting one thief at a time, and the Palm Beach police force has done its part today. Once again, I say, good for them! antique | Antique Blog | Antique News | Antique scams | Antiques | Antiques Blog | Antiques Blogs | Antiques News | stolen antiques
4/15/2008 1:09:15 PM (Eastern Daylight Time, UTC-04:00)
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 Monday, April 14, 2008
Upper Midwest antiques malls hit by roving gang of thieves
Posted by Antique Trader Staff
I'd love to get my hands on these punks that have been hitting several antiques malls - cleaning them out of thousands of dollars of merch - in the Upper Midwest, mainly Illinois and Wisconsin, as reported here by Maine Antiques Digest.The story contains a link to the Roscoe Antiques Mall, a huge with good quality dealers and owners, where they've posted video of the thieves. It's pretty brazen, and definitely calculated. There's tremendous value to be had, and as far as priority, it's not exactly high on the lost of most law enforcement agencies. The owners at Roscoe took it upon themselves to alert mall owners in the area and were alarmed to learn how many others have been hit and robbed. It makes me sick, to tell you the truth. Be on the lookout for a trio of folks with large amounts of antiques to sell, or people who are scoping malls in the area. They knew what they wanted and knew where they were going. I hope mall owners invest in German Sheppards, or Pit Bulls, with loud barks and mean bites to dissuade the jerks poor misguided souls about their current foibles. antique | Antique Blog | Antique News | Antique scams | Antiques | Antiques Blog | Antiques Blogs | Antiques News | stolen antiques
4/14/2008 1:25:55 PM (Eastern Daylight Time, UTC-04:00)
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 Wednesday, April 02, 2008
This wood's no good! Dealer in fake antique wood busted in MO
Posted by Antique Trader Staff
Interesting, but probably not as rare as we'd like to think. This St. Louis dealer in supposedly antique wood is going to be paying a hefty fine and maybe seeing the inside of Club Fed for a while. It just goes to show that you have to be wary of who you buy from, and alays do you research, even if your next antique is going to be your floor. This story comes via the St. Louis Business Journal. antique | Antique Blog | Antique News | Antique news odd | Antique scams | Antiques | Antiques Blog | Antiques Blogs | Antiques News | Architecture
4/2/2008 12:11:22 PM (Eastern Daylight Time, UTC-04:00)
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 Thursday, March 20, 2008
 Thursday, March 13, 2008
An unfortunate career choice - Mummy smuggler
Posted by Antique Trader Staff
How, exactly, does one decide that this is the course they are going to take in life? Me, I became an editor and journalist because I had spend years laboring - unhappily - to be a playwright in NYC. I had some small success, but was miserable. I then became an advertising creative, which made being an unsuccessful NYC playwright look like a day at the beach. Woof. But the guys mentioned in this story from the AP, a couple of Mummy Smugglers, must've had to dig really deep to decide on this career path, but... I know smuggling antiquities is an old profession, but I'm just assuming that selling ancient bodies, wrapped in linen, dessicated, and decorated with heiroglyphics has got to be a rough way to make a buck... Not to mention the bad karma that must come with it... antique | Antique Blog | Antique News | Antique news odd | Antique scams | Antiques | Antiques Blog | Antiques Blogs | Antiques News | Historic Preservation
3/13/2008 9:44:06 AM (Eastern Daylight Time, UTC-04:00)
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 Wednesday, March 12, 2008
 Friday, March 07, 2008
Question of the week: Should the antiques business be federally regulated?
Posted by Antique Trader Staff
There's always been debate in the pursuit of antiques as to whether or not the business should be federally regulated, i.e., official government oversight provided by a dedicated federal agency. This is obviously too big a discussion to have in this small space. Suffice it to say, there are plenty of people who have plenty top say on both sides of the issue. Antiques is a huge business, all told, at all levels, and there are a lot of bucks changing hands. In my experience, it has come down to what, exactly, someone deals or collects in. If your business or hobby is dependent upon small items, sold at relatively low prices, at large volumes, then regulation could be a problem. If you deal, however, in rare and one-of-a-kind pieces of art, furniture and accessories, etc., then some oversight might be good thing for safety back-up and to make sure no false merchandise would get peddled. Either way, it would probably, hopefully, stop scammers from passing off fake goods - at least that's my take. I know there is a movement to get some help - see the good work of show promoter Dordy Fontinel, et al. - but I wonder what Trader readers think. Should the business and/or hobby of antiques be federally regulated? Let me know at noah.fleisher@fwpubs.com, or post a comment here. antique | Antique Blog | Antique scams | Antiques | Antiques Blog | Antiques Blogs | Antiques News | Antiques, blog, question of the week
3/7/2008 11:23:57 AM (Eastern Standard Time, UTC-05:00)
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 Friday, February 29, 2008
ART POTTERY THEFT IN OHIO - Be on the lookout
Posted by Antique Trader Staff
APPROXIMATELY 175 PIECES OF AMERICAN ART POTTERY STOLEN HILLARD, OH - Between 3:15 P.M. on Monday, February 25, 2008, and 8:30 A.M. on Tuesday, February 26, 2008, approximately 175 pieces of American Art Pottery were stolen from Belhorn Auction Services, LLC in the Columbus suburb of Hilliard, Ohio. Also stolen was a cargo trailer in which the pottery was loaded, which was secured and locked at Belhorn Auctions’ office. Pottery stolen includes various examples of Weller, Roseville, Rookwood, Owens, Van Briggle, Hampshire, Pillin, Fulper as well as others. Also stolen was an exhibit of fake and reproduction pottery assembled by the American Art Pottery Association for educational and presentation purposes. The trailer is an unmarked, white American Hauler cargo trailer with fold-down rear ramp and a system of shelving on the inside. “We are working closely with law enforcement and our property management company to review security tapes covering the area during the time of the theft,” said Belhorn Auction Services, LLC President Greg Belhorn. “All consignors affected by this incident are fully covered and will be reimbursed for any financial loss. However, I do remain hopeful that the items will be recovered.” Nearly all of the stolen pieces were slated for the American Art Pottery Association’s 2008 Auction to be held in conjunction with the organization’s Annual Convention on April 23-27, 2008, in the Greater Philadelphia area. Belhorn Auction Services, LLC donates its time and resources to conduct this auction, which benefits the Association and its endeavors. The full commission and buyer’s premium generated from the auction serve as an important revenue source from the American Art Pottery Association. A general list and photos of the stolen pottery will be made available at Belhorn Auction Services, LLC’s website at www.belhorn.com. Anyone with information regarding this incident or who is approached by an individual with pottery for sale matching the description of stolen items should contact the Hilliard (Ohio) Police Department at (614) 876-7321 or Belhorn Auction Services, LLC at (614) 921-9441. A reward is being offered for any information leading to the recovery of the stolen property. antique | Antique Blog | Antique News | Antique news odd | | |