Old Masters

PARIS: A prestige series of auctions held by Tajan at the Hôtel George V just before Christmas (December 17-19) yielded just under £7m hammer.

The Tower of Babel was a popular subject with Flemish artists, and with the Louvain-born Lucas van Valkenborch (c.1530-97) in particular. He painted at least four versions, to be found in Munich, Mainz, the Louvre, and in the Beaussant-Lefèvre saleroom at Drouot on December 14, when an oil on panel Tower dated 1587, 28 x 35in (71 x 90cm), spiralled six times over estimate to Fr8.2m (£781,000), establishing an auction record for the artist.

BOUND to be a highlight at TEFAF Maastricht in March is Rembrandt’s painting of the goddess Minerva which will be offered by New York dealer Otto Naumann for $40m.

Rembrandt the Printmaker by Erik Hinterding, Ger Luijten and Martin Royalton, published by the British Museum Press in association with the Rijksmuseum ISBN 01714126268 £29.99 pb

THE Fitzwilliam Museum in Cambridge is to be the new home for Federico Barocci’s £1.3m drawing Study for The Institution of the Eucharist.

Dealers often complain about the way that private bidders get over-excited at auctions and pay ridiculously inflated prices they wouldn’t dream of giving in a gallery. But for once it looks - or rather looked – as if a major player in the trade had suffered a serious attack of auction fever following Jermyn Street agent Guy Morrison’s terse admission that he was now the happy owner of £9.4m Joshua Reynolds (1723-1792) portrait.

KONRAD Bernheimer, the Munich and London-based Old Master Paintings dealer has confirmed that he is to acquire Colnaghi, the Old Master paintings and drawings dealership. The gallery will continue to operate under the Colnaghi name from the existing gallery at 15 Old Bond Street, London.

A new world auction record for Sir Joshua Reynolds was achieved at Sotheby’s on November 29 when the oil on canvas Portrait of Omai sold for £9,400,500 (plus 20/15/10 per cent buyer’s premium).

Vermeer’s Camera: Uncovering the Truth Behind the Masterpieces by Philip Steadman, published by the Oxford University Press. ISBN 019215967 £17.99hb

ARTS Minister Tessa Blackstone has placed a temporary bar on the export of an important drawing, Study for the Institution of the Eucharist, by Federico Barocci (1528-1612).

The rediscovery of a significant work by a major Old Master painter is always an event for the art trade, even if the work not obviously commercial. When Anthony Blunt wrote his monograph on Nicholas Poussin (1594-1665) this painting, right, of The Holy Family with St. John the Baptist, executed c.1627-28 when the young Poussin first worked in Rome, was only known from engravings.

Scottish painting is, as we know, one of the stronger sectors of the UK art market, but William Page Atkinson Wells (1872-1923) is not one of its better known names.

A ‘LOST’ painting by the great 17th century French painter Nicolas Poussin has come to light and will be offered for sale by Galerie Koller in Zurich on October 5.

One of the great names of 17th-century Spanish still life painting is undoubtedly that of Juan van der Hamen, whose brief career as a court painter in Madrid spanned the decade of the 1620s.

UK: After months of speculation as to whether Tim Clifford might be able to secure a private treaty purchase on behalf of the National Galleries of Scotland, Michelangelo’s (1475-1564) pen and ink Study of a Mourning Woman finally came under the hammer at Sotheby’s (20/15/10% buyer’s premium) July 11 Old Master drawings sale with an estimate of £5-7m.

UK: A week of exhibitions and sales of Old Master drawings reached its zenith on July 10 when this miniature silverpoint sketch by Leonardo da Vinci appeared at Christie’s King Street.

If Hogarth had lived a little longer he might have bumped into the bibulous individual responsible for commissioning this c.1770 ale glass.With a capacity of nearly two pints, it is one of the largest of its kind on record. Drink the full measure, and the 14-ply spiral band in the opaque twist stem might begin to do just that, because ale in the 18th century was mighty strong compared to the milds and bitters of today.

UK: A ‘LOST’ drawing by Michelangelo could be saved for the nation if a £7.5m appeal, launched this week, succeeds.

UK: Sotheby’s are hoping one of the most important watercolours by J.M.W. Turner to come to the rostrum will smash all previous auction records for the artist when it comes under the hammer in London on June 14.

ITALY: ANOTHER Renaissance magnate, the Doge of Venice, Antonio Grimani (1521-23). His (29mm diameter) portrait medal made Li2m (£670).