The Courier & Advertiser (Fife Edition)
All lost lots covered by insurance
Residents who had items for sale at Iain M Smith’s Auctioneers will be “sorted out,” according to the owner.
Mr Smith insisted “everyone” affected by the major blaze at the Perth Airport site will be dealt with in terms of insurance claims.
He said: “You need to have major insurance for a business like this.
“We’re covered for all eventualities including ‘interruption of business,’ which this falls into. We’re also insured for contents within the building so we will get everyone sorted out following this fire.
“An assessor will be visiting the site shortly.”
Lindsay Burns, who previously ran Lindsay Burns and Company Auctioneers in King Street, Perth, added: “You have to be heavily insured for all goods when you own an auctioneers business, as you are held responsible for selling these items for members of the public.”
Yesterday’s auction would have seen around 1,100 lots for sale. The range of goods being sold was to include a gold sapphire ring, Derby pottery, Oor Wullie books, Royal Doulton jugs, a Marseille Bisque doll, an assortment of toys and a model railway set.
The auction was also selling copper art noveau jugs, binoculars and a China teaset.
Some of the more unusual items for sale included an Action Man and a 1962 Playboy calendar.
Iain M Smith hold fortnightly auctions of ‘new and modern’ household furniture, antique furniture, silver and costume jewellery, ceramics and pictures. They have been operating at Perth Airport for 21 years.