FOR IMMEDIATE RELEASE PRESS RELEASE Historically Significant Black Watermans Pen from the Sotheby’s-Lee Kuan Yew Family Collection Auction to be Loaned to National Heritage Board (NHB) Anonymous benefactor loans NHB the historically significant Black Watermans Fountain Pen, the Mythical Lions Stone Seal, the Montblanc “Meisterstuck” ball pen and the yellow gold Seiko pocket watch Singapore Buddhist Lodge donates English porcelain inkstand to NHB
[12 September 2003] Five of the 88 items auctioned at the recent Sotheby’s-Lee Kuan Yew Family Collection Auction will be donated or loaned to the National Heritage Board in a presentation ceremony at the Singapore Art Museum today. They include the most historically significant item in the entire collection: the black Waterman fountain pen. The total amount raised from these five auctioned items is S$923,000.
The anonymous benefactor who successfully bidded for the Mythical Lions Stone Seal, the Black Watermans Fountain Pen, the Montblanc “Meisterstuck” ball pen and the yellow gold Seiko pocket watch, will loan all four items to NHB. The stone seal was the highest priced item of this auction, fetching a price of S$400,000. It was dedicated to Senior Minister Lee to commemorate the second anniversary of Singapore’s National Day.
The Black Watermans antique pen was presented to Senior Minister Lee at the signing of the Constitutional Agreement with the British back in 1957. The new Constitution came into force in 1959, under which the Peoples’ Action Party came into power. This was acquired at an auction price of S$350,000.
The yellow gold circular open-face seconds Seiko pocket watch was auctioned at S$65,000, while the Montblanc “Meisterstuck” ball pen – presented to Senior Minister Lee by Helmut Kohl – fetched a hammer price of S$48,000.
The Singapore Buddhist Lodge will be donating an English porcelain inkstand to NHB. This item was auctioned at a price of S$60,000. The inkstand has a base done in green enamel and gold motif with the design of three coloured roses depicted in the centre. It comes with two detachable inkpots and a penholder.
Commenting on the donation and loan, Mrs Lim Siok Peng, Chief Executive Officer of the National Heritage Board said, “ In these challenging times, it is heartening to note that there are big-hearted individuals and organisations who generously support NHB’s role in acquiring key artefacts. The Board is
exceptionally grateful to both the Singapore Buddhist Lodge and the anonymous lender for these excellent and noteworthy gifts. We hope that their warm and selfless acts of philanthropy will inspire many others to step forward to support our efforts to promote heritage awareness with funding. Such contributions in cash or in kind are essential in helping us achieve our mission of preserving and presenting Singapore’s heritage for all.”
For more information, please do not hesitate to contact: Siew Lay Eng Manager Marketing & Corporate Communications National Heritage Board Tel: 6332 3223 Email: Siew_Lay_Eng@nhb.gov.sg