Big news from the BBC:
A medieval chess piece that was missing for almost 200 years had been unknowingly kept in a drawer by an Edinburgh family.
They had no idea that the object was one of the long-lost Lewis Chessmen – which could now fetch Â£1m at auction.
The chessmen were found on the Isle of Lewis in 1831 but the whereabouts of five pieces have remained a mystery.
The Edinburgh family’s grandfather, an antiques dealer, had bought the chess piece for Â£5 in 1964.
He had no idea of the significance of the 8.8cm piece (3.5in), made from walrus ivory, which he passed down to his family.
They have looked after it for 55 years without realising its importance, before taking it to Sotheby’s auction house in London. …
Sotheby’s expert Alexander Kader, who examined the piece for the family, said his “jaw dropped” when he realised what they had in their possession.
“They brought it in for assessment,” he said. “That happens every day. Our doors are open for free valuations.
“We get called down to the counter and have no idea what we are going to see. More often than not, it’s not worth very much.
“I said, ‘Oh my goodness, it’s one of the Lewis Chessmen’.”
Mr Kader, Sotheby’s co-worldwide head of European sculpture and works of art, said the family, who want to remain anonymous, were “quite amazed”.
“It’s a little bit bashed up. It has lost its left eye. But that kind of weather-beaten, weary warrior added to its charm,” he said.
Despite not knowing its significance, the late 12th/early 13th Century chess piece had been “treasured” by the family.
The current owner’s late mother believed it “almost had magical qualities”.
A family spokesman said in a statement: “My grandfather was an antiques dealer based in Edinburgh, and in 1964 he purchased an ivory chessman from another Edinburgh dealer.
“It was catalogued in his purchase ledger that he had bought an ‘Antique Walrus Tusk Warrior Chessman’.
“From this description it can be assumed that he was unaware he had purchased an important historic artefact.
“It was stored away in his home and then when my grandfather died my mother inherited the chess piece.
“My mother was very fond of the Chessman as she admired its intricacy and quirkiness. She believed that it was special and thought perhaps it could even have had some magical significance.
“For many years it resided in a drawer in her home where it had been carefully wrapped in a small bag. From time to time, she would remove the chess piece from the drawer in order to appreciate its uniqueness.”
The Lewis Chessmen set includes seated kings and queens, bishops, knights and standing warders and pawns. Some 82 pieces are now in the British Museum and 11 pieces held by the National Museum of Scotland. As well as the chess pieces, the hoard includes 14 “tablemen” gaming pieces and a buckle.
Since the hoard was uncovered in 1831, one knight and four warders have been missing from the four combined chess sets.
The newly-discovered piece is a warder, a man with helmet, shield and sword and the equivalent of a rook on a modern chess board, which “has immense character and power”.
The discovery of the hoard remains shrouded in mystery, with stories of it being dug up by a cow grazing on sandy banks.
It is thought it was buried shortly after the objects were made, possibly by a merchant to avoid taxes after being shipwrecked, and so remained underground for 500 years.
Mr Kader, who has kept the discovery under wraps for six months while authenticating the find, said: “We can safely say that a million pounds will transform the seller’s life.”
He added: “There are still four out there somewhere. It might take another 150 years for another one to pop up.”