The Courier & Advertiser (Fife Edition)

Auction house blaze started by thieves, business owner says

Criminals made off with gold and jewellery worth £20,000-25,000

- KIRSTY MCINTOSH kmcintosh@thecourier.co.uk

An auction house which burned to the ground a year ago was torched by thieves to cover their tracks, the owner has revealed.

The criminals made off with tens of thousands of pounds of gold and jewellery after targeting Iain M Smith Auctioneer­s in March last year.

Despite an extensive police investigat­ion the gang has never been caught.

The revelation comes after Perth and Kinross Council approved planning permission for a replacemen­t building at the Perth Airport site.

Mr Smith, who has been operating from another unit at the airport since the fire, said he hoped to be in the new building by October.

He said: “It will be great to move into a purpose-built unit for the first time – the space we’ll have will allow us to have different types of sales. I’m really looking forward to it.

“The fire was as a result of a burglary and they set fire to the building to cover their tracks. The police were trying to chase the gang but they’ve never got any further forward.

“They got away with gold and jewellery worth £20,000 to £25,000. The insurers have sorted everyone out and the sellers were all paid.”

A police spokesman confirmed the fire was being treated as suspicious.

He said: “The fire in 2018 was treated as suspicious, but has not been successful­ly detected.”

Six fire engines and the major incident unit raced to Perth Airport after the fire broke out at 12.20am on May 9 last year, and battled for around five hours to contain the flames.

The auctioneer­s were preparing for a sale of antiques and collectabl­es on Friday and many valuable items were destroyed.

Hundreds of objects were listed in the brochure for the sale, including china, paintings, clocks, toys and jewellery.

Some of the more unusual items that were for sale included an Action Man and a 1962 Playboy calendar.

Iain M Smith has been operating Perth Airport for 21 years.

 ?? Picture: Steve MacDougall. ?? Firefighte­rs at the scene of the blaze at Iain M Smith Auctioneer­s at Perth Airport last year.
Picture: Steve MacDougall. Firefighte­rs at the scene of the blaze at Iain M Smith Auctioneer­s at Perth Airport last year.

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