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Watching an auction is an education in the vagaries of popular taste.

Thinking of selling your high-end 19th century mahogany furniture? Don't bother. We watched lot after lot of mahogany come up and draw no bids at all- not even derisory ones. We were selling a Victorian barometer in a mahogany case which the auctioneers valued at £100-150. It's still ours.

We had 19 lots in the sale- 17 of which sold- mostly for reasonable prices. The other thing of ours that didn't sell was a late 20th century watercolour of a sailing ship.

Ailz and I were saying to one another that if you didn't mind being unfashionable you could furnish a house ridiculously cheaply with quality furniture bought at auction.

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