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Gold cup goes under the hammer in PhiladelphiaFriday, 25th July 2008 (606 views) A gold trophy will be the number one item in a Freeman's auction to be held next month in the Philadelphia, according to the Philadelphia Inquirer.The newspaper claims the cup is 14-karat and the base is 12-karat and it is expected to sell for between $15,000 (£7,542) and $20,000. Kate Waterhouse, Freeman's jewellery specialist told the Inquirer in some ways the estimate was disappointing as it represented the trophy's scrap value. Another item going under the hammer is a yellow-gold pocket watch with a Roman numeral dial and a gold-fill face depicting a former mayor. The watch's pre-sale estimate stands at $300 to $500. A diamond and 14-karat yellow-gold S-curve bracelet is also up for grabs and auctioneers are expecting it to fetch between $2,200 and $3,200 At the beginning of the week, it was revealed Selfridges department store is to stock a teddy bear worth £43,000 with a 24-carat gold nose.
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