Latest News Articles by Alex Capon

Sotheby’s losses increase in third quarter

07 November 2016

The difficulties in securing high-value works for sale lay behind a $54.5m loss posted in Sotheby’s latest set of results.

Venus, a painting attributed to Lucas Cranach the Elder

Debate intensifies over ‘Venus’ attribution to Cranach

04 November 2016

The Princely Collections of Liechtenstein has released a document to counter claims that 'Venus', a painting attributed to Lucas Cranach the Elder, is a forgery.

Monarch of the Glen by Sir Edwin Landseer

Landseer’s Monarch of the Glen reappears at Christie’s after 100 years

03 November 2016

Sir Edwin Landseer’s famous painting of a Highlands stag, Monarch of the Glen, will be offered at Christie’s next month with an estimate in the region of £10m.

David Bowie sale at Sotheby's

Ten shots from Sotheby’s viewing of David Bowie’s art collection

02 November 2016

Over 400 works from David Bowie’s collection have now gone on view at Sotheby’s in advance of the three-part auction in London on November 10-11.

Black Grouse by John Cyril Harrison

Ex-Quaritch dealer’s collection comes to auction at Roseberys

01 November 2016

A single-owner sale of pictures and books assembled by the late Howard Radclyffe, a former director of London dealers Quaritch, will be offered at Roseberys on November 19.

Sotheby’s buys art analytics firm

28 October 2016

Sotheby’s has acquired the The Mei Moses Art Indices, a database and analytics tool for tracking the art market and comparing its performance against other assets.

Stijn Alsteens of Christie's

Ex-Metropolitan Museum curator joins Christie’s as head of Old Master drawings

27 October 2016

Christie’s have appointed the former Metropolitan Museum curator Stijn Alsteens as international head of the Old Master drawings department.

Fangzun wine vessel from the late Shang dynasty

Five Chinese rarities from Japan’s Fujita Museum being sold at Christie’s New York

27 October 2016

Christie’s New York have announced the sale of more than 30 pieces of Chinese art from Osaka’s Fujita Museum which will be offered at auction next year.

Risky business – seminar launched to address potential threats to buying and selling art

25 October 2016

Art Market Minds, the organisers of the annual Art Business Conference, are partnering with law firm K&L Gates to launch a seminar next month focusing on risk management in the art market.

TEFAF New York

Early sales at TEFAF New York as new fair makes its mark

25 October 2016

The organisers of TEFAF New York have reported a steady stream of sales as the inaugural fair appears to have made its mark on the arts scene in the Big Apple. Among the buyers at the busy invitation-only preview event were established collectors, museums and even CNN anchor Anderson Cooper.

Queen Anne Vigo five guinea gold coin

Striking gold – British coin struck from captured bullion appears in Essex auction

23 October 2016

A rare example of a Queen Anne 'Vigo' five-guinea gold coin has emerged at Essex auctioneers Boningtons. It will be offered at their sale in Epping on November 16 with an estimate of £200,000-250,000.

Park Avenue Armory in New York

Dealers poised for opening of TEFAF New York – 10 highlights from around the stands

21 October 2016

The inaugural edition of ‘TEFAF New York’ opens today with an invitation-only preview as the organisers unveil the fair that represents their first transatlantic foray.

Venus, a painting attributed to Lucas Cranach the Elder

Princely buyer defends Cranach attribution over ‘fakes’ claim

20 October 2016

The buyer of a major Old Master painting at the centre of a potential ‘fakes’ scandal has strongly defended its authenticity as a row threatens to erupt over its attribution.

Trunks worn by Muhammad Ali

“He hit me harder than anybody else I have met” – Muhammad Ali boxing trunks from fight against Henry Cooper offered in London sale

18 October 2016

The boxing trunks worn by Muhammad Ali in a famous but controversial fight against Henry Cooper will be offered at a Graham Budd auction next month, estimated at £70,000-90,000.

Sotheby’s increases buyer’s premium

17 October 2016

Sotheby’s has increased its buyer’s premium with the changes effective from November 13.

Ming Dynasty banknote

Rare Ming Dynasty banknote found lurking inside Chinese sculpture

12 October 2016

Auction specialists in Australia have found a rare Ming Dynasty banknote hidden within a Chinese wooden sculpture. The discovery came at Mossgreen as they were cataloguing the extensive collection of Raphy Star – one of the most important collections of Asian art ever to be offered in the country.

Hannibal by Jean-Michel Basquiat

Overseas bidders take advantage of weaker pound to lift Frieze-week auctions

11 October 2016

Fewer lots were on offer at this year’s Frieze-week auctions in London but demand generally held up with international bidders taking advantage of favourable exchange rates.

Market forced on defensive over Old Master ‘fakes’

10 October 2016

Lawyers representing the Frenchman Giulano Ruffini have defended his role in handling paintings at the centre of a ‘fakes scandal’ besetting the Old Masters market.

Console tables at Mealy’

Console tables lead O’Reilly lots, selling at €145,000

08 October 2016

A pair of 18th century console tables led a selection of items previously owned by the former billionaire Sir Anthony O'Reilly offered at Irish auctioneers Mealy’s earlier this week.

Alexander Payne of Phillips

Phillips promote head of design Alexander Payne to deputy chairman

06 October 2016

Phillips have appointed design specialist Alexander Payne as deputy chairman.