Downing Street exceeds estimate at signs auction

http://www.bbc.co.uk/news/uk-england-london-22619773

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An enamelled Downing Street sign has been sold for £7,800 at auction, fetching over £6000 more than expected.

It was part of a collection of distinctive London street signs auctioned, including one for Abbey Road made famous by The Beatles.

The sell-off has been prompted by Westminster City Council and Transport for London upgrading 1990s signposting.

It has been described as an "absolute one-off".

Theatreland signs

The Downing Street sign was bought by London-based advertising executive Trevor Beattie.

The Abbey Road sign was bought for £4,350 by north London-based property investor John Antoniou as a present for his son, a musician and producer.

Estimates for the 362 signs available ranged from £20 to more than £1,000.

The sale took place at Summers Places Auctions in Billingshurst, West Sussex.

More than 300 black finger posts and eight enamelled Theatreland street signs are being offered in a sealed bid auction which ends on Wednesday.