March 2004 Pole Top Auction
Reprinted from "Crown Jewels of the Wire", June 2004, page 34
Editor's note: Insulators auctions have become a mainstay of the hobby. Crown
Jewels has decided to report on auction sales so our readership can stay
informed of trends. Ray Klingensmith, owner of Pole Top Discoveries, has been
conducting insulator auctions since 1987. Ray writes that his 50th sale was
golden in many respects.
"Several amber and other golden related colors of insulators were
offered for sale along with a vast assortment of other colored jewels. Among the
many items fitting into the gold theme were a grouping of rare and colorful
Boston Bottle Works insulators. Included was a CD 158.2 Boston barrel (Estimate
$15,000-$17,000) which closed at $17,600. An identically colored CD 158 Boston
signal (Estimate $12,000-$13,000) reached $12,650. The CD 145.6 amber Boston
knob top (Estimate $16,000-$20,000) reached $17,600). The most talked about item
in the sale was one which did not fit the amber theme, but was the centerpiece
of the Boston grouping. The dark green CD 158.9 Boston screw top (Estimate:
$28,000-$35,000) sold for $35,000. This beautiful gem was dug in Florida more
than three decades ago and is the only example known at this time in the dark
green coloration. The price realized set an all time auction record for the
amount paid for an insulator.
"Pole Top Discoveries recognizes the great importance of preserving as
much historical information as possible with items offered in Catalogues. One
such item which had a wonderful provenance was the CD 725 Concave Wade shown
below with original wood covering still intact (Estimate: $2400-$3000) which
sold for $4400. The item had been found along the route of the 1861
Transcontinental Telegraph line in western Nebraska. The piece was discovered by
an individual in the early 1930's and remained with him throughout his life
until his death in the 1990's. His son consigned the relic, along with some
fascinating historical material and correspondence dating from the 1930's. If
only all insulators could have such a historical background preserved for that
many decades!
"Threadless insulators were well represented with a total of 19 examples
being offered. Color is key in Pole Top sales, and most of the grouping were
colored items. Included were a CD 726 in puce, green CD 701, gunky swirled CD
729, teal 742, milk swirled CD 740.4, opaque jade CD 742, lime green CD 735
Tillotson, deep cobalt CD 731 Tillotson, beautiful medium green CD 740.1 and
many others.
Colorful, early threaded items were well represented with a CD 133.4 Patent
Dec 19,1871 in rich olive green (Estimate $9,000-$12,000) which fetched $13,200. A cobalt blue unembossed CD 133.4 (Estimate $12,000-$15,000) climbed
to $22,000. Another early telegraph item which created quite a stir was the CD
145 American full of slag and foam. The jewel was recovered from a line in
Mexico last fall. The incredible item (Estimate $3500-$5000) witnessed spirited
bidding and climbed to $7700.
West Coast items were well represented with several nice examples. One of the
most striking was a flawless mint CD 123 EC&M that was loaded with olive
amber swirls. The beauty (Estimate $4500-$5500) closed out at $5775. A CD 735.5
U.S. TEL CO., which are typically found in Nevada and California Estimate
$750-$850) witness great interest and sold for $1265. Other western items
included a very tall CD 120 C.E.W., a milky CD 130 Cal Elec. Works, a green
CD 130 Cal. Elec. Works and several other colorful gems.
Several colorful H.G. Co. and Hemingray products were also offered. The star
of the grouping was a transition embossed CD 162 H.G. Co in a fabulous green
coloration with nice olive amber impurities. The rarity (Estimate $5250-$6500)
was in wonderful condition and realized $5775. Great diversity was evident
throughout the Catalogue with a broad selection from most categories including
threadless, early threaded, Canadian, foreign, porcelain, lightning rod
insulators, East Coast, West Coast and many places in between.
Of the specialty groups, among the highlights was a wonderful grouping of
colorful lightning rod insulators including a yellow side tab, burgundy Otis,
flesh colored "pig-pen", slash-top in a purple-green swirled mix and
several others. Non American items included a colorful grouping. The hot item of
the group was a CD 155 CTC De Mexico (Estimate $500 & up) which spiraled to
$1650. Several early porcelain items were offered including some early Imperial
and Locke items. One of the biggest surprises of the sale was an unmarked ice
aqua spool with a spout similar to a teapot. The rarity (Estimate $400-$500)
escalated to $4125.
Although the high dollar items are the ones which make a sale financially
successful, Pole Top is well aware of the importance of having a nice selection
of items in all price ranges, and typically offers a large assortment of items
in the lower and middle price ranges too. Most items in this sale experienced
active bidding. However, as with any sale there are always a few bargains.
Overall, activity was moderate to high on many items, and a large number of
collectors were pleased to add new jewels to their collections. If anyone has
any questions about this sale or would like to inquire about the upcoming Autumn
catalogue sale to be conducted by Pole Top Discoveries, you may reach Ray
Klingensmith at 1228 Highland Ave, Cambridge OH 43725 or phone 740-432-4302.
Editor's note: Not every lot sold. No bids were received for a CD 726 in
puce, for a cobalt blue EC&M, a CD 145 H.G. Co in purple, a CD 161
California two tone, a Ukrainian insulator in cobalt blue, and a few others.
Pole Top Auction Review
The CD 133.4 Hemingray product (above, left) in dark olive green sold for
$13,200. It is said to have been in the same collection since 1981. The CD 133.4
"Wormser type" in cobalt blue (above, right) brought $22,000. It's
provenance began with a collector named Perry Henry who reportedly found the
insulator on a pole in southwestern Pennsylvania around 1970.
Green is a rarely seen color in CD 130 Cal. Elec. Works insulators (above,
left). This gem closed at $5,225. The CD 145 American Insulator Company beehive
on the right is a newcomer to the hobby, having been rescued from service on a
line in Mexico within the last year. It sold for $7,700.
Pole Top Auction Review
The spool type insulator on the left, above, likely set a record for spools.
Bidding opened at a modest $300; but closed at $4,125. The opalescent insulator
on the right is a CD 154 Hemingray 42. But there's nothing ordinary about fire
opal glass. This Hemingray 42 brought $6,600!
The CD 162 H.G. Company, above left, is yet another early Hemingray product
in rare, green glass. From the Paul Ickes and Duane Davenport collections, the
beauty closed at $5,775. Prices for colored lightning rod insulators continues
to rise also. Although damaged, the purple "pigpen" LRI was bid up
from an opening of $80 to close at $935.
|