Latest News Articles by Alex Capon

TEFAF 2016 logo

10 shots of the TEFAF preview

10 March 2016

With the preview of TEFAF 2016 now underway, ATG gives you a snapshot around the stands of the fair.

TEFAF Report shows 7% fall in global art sales as Chinese market takes hit

09 March 2016

Global art sales fell during 2015 with the most significant a decline coming in the Chinese market.

Henry Wyndham collection Deborah Duchess of Devonshire

Wyndham to leave as more staff exit Sotheby’s

07 March 2016

The shake-up at Sotheby’s continued last week as more key senior employees – including Henry Wyndham – depart the company.

Steinway grand piano at Chrisite’s

Steinway grand piano in high demand at Sting’s £3m Christie’s sale

29 February 2016

A Steinway grand piano sold for a double-estimate £95,000 on February 24 when Christie’s King Street held a £3m, 146-lot sale of items from the former Queen Anne’s Gate home of musician Sting and his wife Trudie Styler.

Artists Resale Right royalties

£50m collected in decade of Artist’s Resale Right

24 February 2016

A decade on since Artist’s Resale Right (ARR) was launched in the UK, over £50m has been collected from auctions and dealers for artists and their heirs.

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Lukewarm totals at London Contemporary art series

15 February 2016

The Contemporary art market survived better than many had expected at the London auction series last week.

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Wright of Derby grotto scene makes £550,000 to aid refugee crisis

14 December 2015

Among the works drawing interest at the latest round of Old Master and British Paintings sales in London was Joseph Wright of Derby’s (1734-97) ‘A grotto in the gulf of Salerno...’.

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Russian art sales suffer from flatter demand

07 December 2015

The latest Russian art sales in London posted the weakest results in over a decade as a drop-off in both demand and supply brought a further downturn in the market.

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Major lots help generate over $2bn total in New York auction fortnight

16 November 2015

The large sums of money changing hands at the top end of the Impressionist, Modern and Contemporary art market was underlined at the latest auctions in New York.

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Modigliani tops Christie’s ‘Artist’s Muse’ sale in New York at $152m

12 November 2015

Christie’s latest cross-category sale entitled The Artist’s Muse set the second highest ever auction price for a work of art when Amedeo Modigliani’s Nu couché (Reclining nude) sold at $152m (£104.8m).

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Lichtenstein’s Nurse sets artist’s record

12 November 2015

A new auction record came for American pop artist Roy Lichtenstein (1923-1997) when 'Nurse' was knocked down at $85m (£58.6m) at Christie’s cross-category sale entitled The Artist’s Muse earlier this week.

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Results for Taubman collection question level of guarantee

09 November 2015

The hefty guarantee paid out by Sotheby’s to secure the Alfred Taubman collection meant the stakes were running high for the first and most financially crucial tranche of the four-part auction staged at Sotheby’s New York.

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No cut-price deal as £35m Rembrandt stays in UK

02 November 2015

A Rembrandt portrait sold in a £35m private sale negotiated by Sotheby’s will be staying in the UK after the overseas buyer withdrew their application to export the painting.

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Hepworth’s Orkney sculpture heads to its ‘natural home’

26 October 2015

A small Dame Barbara Hepworth (1903-1975) sculpture bought at a Christie’s auction by The Pier Arts Centre in Orkney has now gone on display.

Christie’s to shake up NY calendar

19 October 2015

Christie’s have announced a new themed week of sales in New York next April.

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Constable sketch brings £252,000 in Exeter

13 October 2015

A John Constable (1776-1837) oil sketch drew prolonged competition at the latest auction held at Exeter saleroom Bearnes Hampton & Littlewood.

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A shock to the senses: New Jersey sleeper thought to be early Rembrandt

07 October 2015

This painting, found by John Nye of Bloomfield, New Jersey saleroom Nye & Company Auctions leaning up against a cellar wall, became one of the sleepers of the year on September 22.

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A second turn of The Lock – Constable heads to Sotheby’s with £8-12m estimate

06 October 2015

Three years after Christie’s sold an earlier version for £20m, a second version of John Constable’s (1776-1837) The Lock is being offered at Sotheby’s Old Master & British Paintings Sale on December 9.

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Modigliani nude to be auctioned at Christie’s New York pitched at $100m

07 September 2015

Christie’s have announced a major highlight for the upcoming New York auction series. They are offering Amedeo Modigliani’s Nu couché (Reclining Nude) which they have estimated at in excess of $100m.

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Sotheby’s guarantee $500m Alfred Taubman collection

07 September 2015

The collection of the late A Alfred Taubman is to be offered in a series of sales in New York, starting this autumn.