Lot Essay
THE STOWE SALE
The Stowe sale, a forty-day sale of the contents of the Duke of Buckingham's family seat in 1848, was widely covered by the contemporary press, as it represented an astonishing reversal of fortune for one of England's greatest families. Richard, 2nd Duke of Buckingham and Chandos (1797-1861), through excessive expenditure and land speculation, had within eight years of his succession become a 'ruined man' bankrupt with debts of over one million pounds. The Times wrote censoriously of the Duke 'as a man of the highest rank, and of a property not unequal to his rank, who has flung away all by extravagance and folly, and reduced his honour to the tinsel of a pauper and the baubles of a fool.'
A number of cream boats for this type are known, the majority of which are unmarked, such as the example sold from the collection of the late Hilmar Reksten, Christie's, London, 22 May 1991, lot 80, however, one struck with the maker's mark of Edward Wakelin was sold Sotheby's, London, 17 November 1960, lot 151 and is illustrated in V. Brett, The Sotheby's Directory of Silver, London, 1986, p. 201, no. 860.