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Expert Reappraisal on Bares für Rares Sends Insurance Certificate Sign to €520 in Dealer Duel

An expert reclassification as a Provinzial insurance certificate shows how provenance can meet aggressive dealer demand on the program.

Overview

  • Expert Annika Raßbach identified the presumed enamel ad sign as a Provinzial Feuer-Societät insurance certificate from roughly 1910–1930, made by Heinrich Peters of Elberfeld.
  • She valued the piece at €80–€100 before it moved to the dealers' room for negotiations.
  • Rival bidding between Walter “Waldi” Lehnertz and Daniel Meyer escalated rapidly, with Lehnertz winning at about €520, more than five times the estimate.
  • Sellers Janine Albers and Florian Rickes said Albers’ father found the item decades ago in a loft and passed it to her this year.
  • Separately, dealer Fabian Kahl said he has relocated from Leipzig to the Upper Middle Rhine after signing a new three-year contract to be closer to production.