Racks sold for £2.3m in UK

Commercial display racks are being sold in the UK for more than a million pounds each, as part of the launch of a national auction.

News24 understands the racks are to be sold at the auction at the Royal Auctioneers, at the former National Theatre in central London.

The racks have a range of functions including storing newspapers, books, newspapers and other materials for use at offices, hotels, restaurants, bars and clubs.

They are also used for storing electronics, such as computers and phones.

The Royal Auctioneer said the displays were purchased from the National Gallery of Victoria in the 1950s and 1960s.

The auctioneer, Craig Williams, said the display racks were sold on behalf of the British Library, with a view to ensuring they continue to be used.

“The displays are very popular among collectors and can last for years,” he said.

“This has been a long-running programme and we have been delighted to see the public enjoy their time with them.”

The Royal auctioneers have been working with the Department for Culture, Media and Sport, the Library of Westminster and the National Archives to help preserve the display shelves.