Creating A STIR
Welcome to THE FOSSIL STORE™ report and the fossils in auction scene and specifically the trend in the city of London. Once again fossils surpass auction estimates as surmounted ammonites originally created by THE FOSSIL STORE™ prove to have enormous appeal and attract investment longevity in the capital city. Creating a stir at Christie's fine art auctioneers, Knightsbridge, London, recently in the Natural History section where Benjamin Allison's Ammonite designs realise prices from £6,000 - £18,000 GBP. Now Benjamin's work is recognised globally for his craft and eye. A hammer price result among a varied collection of 90 Lots, auctioneers saw just fourteen results including our luxury Ammonite features. Fossils generally were the strongest element of the auction of Fossils and Minerals section. Overall the auction was equally split between 44 mineral lots and 45 fossil lots with African fossils finding the appeal.
THE ALTERNATIVE INVESTMENT
As fine art remains buoyant in an uncertain market once again fossils tag along as the alternative investment. Traditional investment favourites having been buffeted by the winds of mediocrity, fossils prove their worth. In the Christie's auction an ammonite, Lot 182 which was originally mounted by Benjamin Allison attained a £8125.00 GBP hammer price over an estimate of £3,000.00 to £5,000.000 GBP. The lower estimate a cautionary one was overtaken with the zeal of an aggressive bidding saleroom. The peerless quality of Benjamin’s designs are apparent with many final bids securing his collections and yet another landmark for Benjamin at Christie's on behalf of THE FOSSIL STORE™ and his venturing business VOSSO. This follows after Benjamin's last collections which landmarked Moroccan a series of Jurassic Ammonite selling for £8,700.00 GBP at Christie's, the difference of six centimetres in height separating the two lots ten years apart and only two we mention here of the series Benjamin has aesthetically curated over many months followed by many successes.
Overall the auction provided excellent positivity towards the fossil industry, yes it is an art industry, the best rarities of the fossil market still attracting justified Interest. The rest of the sale breaks down to fossils reigning supreme over the mineral section. Forty four mineral lots with nearly a 25% bought in rate, against forty five fossil inclusions with less than a ten 10% bought in rate. A respectful aggregate of around 17% bought in overall. With an incredible 29 lots cresting over the highest estimate. The clear message is that THE FOSSIL STORE™ products outperform wall streets stocks and shares! That's saying something, and the New York Times have confirmed this, so don't just take THE FOSSIL STORE™ word on it. after millions of years and a fresh look at natures cupboard we see an established fossil market growing from strength to strength over the last two decades and we foretell the trend will continue for the foreseeable future.
STUDYING THE PAST FOR YOUR FUTURE
As Sir David Attenborough reaches a milestone in his career whom we salute greatly - natural history collecting in all its forms is recognised as perhaps one of the most important and influential forces of the early twenty-first century. Whereas the early twentieth century was the age of discovery, the spotlight of this era was on Scott, Amundsen and Howard Carter and now we are now in the new millennium focussing on the nature of our planet and what we can do to support it whilst preserving it for future generations. Looking back into the past also helps us reflect on our future and the best method on moving forward with the knowledge and understanding at hand - THE FOSSIL STORE™ understands the Palaeontological is an important element to our world with the liberation of fossils and continued availability to study these marvellous specimens which once roamed the earth in a variety of environments, these wonderful anomalies of nature is surely one of our most positive gains moving forward as we discover new species that help us to understand the past to help us better understand our future.