Although made in Nuremberg by a firm named after a Frenchman, the cowcatcher on the front of this Gauge 1 toy locomotive gives the game away as to the intended market.

MADAM – ATG's report ‘Sotheby’s introduces new fee on top of the hammer price and buyer’s premium’ (News, ATG No 2454) will raise eyebrows. Sotheby’s has introduced a new fee called an ‘Overhead ...