Fine Art

Fine art is a staple of the dealing and auctioneering industry, featuring works ranging from Medieval art to traditional Old Masters, and right through to cutting-edge Contemporary art.

While oil paintings represent a large part of the sector, other mediums adopted by artists across the ages include drawings, watercolours, prints and photographs.

Going Shell, going well over hopes

24 July 2002

SINCE the 1920s, Shell have commissioned paintings from key British artists for Shell county guides, calendars and school wall charts. In order to raise funds to create a new exhibition space in the National Motor Museum in Beaulieu for the earlier works from the company’s collection, Shell decided to sell 193 lots dating from 1950-1990, most of which had never been seen in public before, at Sotheby’s Olympia (17.5% buyer’s premium) on July 4.

Hole in one for Scottish gallery

24 July 2002

JUST as the world’s top golfers were teeing off for The Open at Muirfield last week, Scotland was celebrating another hole in one. Grants totalling more than £2m from the Heritage Lottery Fund, the National Arts Collection Fund, the Royal and Ancient Golf Club, St Andrews and private benefactors meant that the Scottish National Portrait Gallery could acquire the nation’s most important golfing painting, Charles Lees’ (1800-1880) oil on canvas, The Golfers (1847).

£12,500 Nelson outranks artist

17 July 2002

In the portrait miniature market the sitter is considered less important than the painter – but sometimes even a famous artist like Henry Bone, enamellist to the Prince Regent and the author of this miniature, right, can be superseded by their subject.

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Rubens masterpiece joins the world record holders at £45m

17 July 2002

History was made at Sotheby’s July 10 Old Master Paintings sale when Sir Peter Paul Rubens’ long-lost masterpiece, The Massacre of the Innocents, sold in the room to the Mayfair-based book dealer Sam Fogg for £45m, the highest auction price ever achieved for a work of art in the UK.

Bonhams work hard to create a good Impression at their first attempt

12 July 2002

Stockmarket jitters may not have had any noticeable impact on the upper ranges of the Impressionist and Modern market but further down the scale things were looking less rosy. At Bonhams (19.5/10% buyer’s premium) on June 24 the 95-lot sale took £446,020 with a 52 per cent take-up by lot.

Reading between the cracks

12 July 2002

Every picture tells a story, but in the case of Théodore Chassériau’s large portrait of Comtesse de Latour-Maubourg, it was condition as much as content that revealed the artist’s state of mind at the time.

The indomitable Herr Kerner and his 144 bunches of grapes…

05 July 2002

It is believed that only two copies of Johann Simon Kerner’s Le Raisin, ses espèces et variétées… were completed, but then this German botanist did make it hard work for himself in choosing to illustrate it with original watercolours.

Coming up in....London

05 July 2002

Medieval illuminated manuscripts are hardly two a penny but religious works such as bibles and books of hours are much more frequently encountered than secular ones.

Market upbeat about pictures

02 July 2002

Concerns that turmoil in the world’s stock markets would spill over into London’s June round of Impressionist, Modern and Contemporary sales proved to be largely unfounded.

Untiring appetite for Edo views takes set of prints to £480,000

02 July 2002

Sotheby’s Olympia clinched the week’s loftiest price for an Asian work when a mighty £480,000 was placed by a Japanese telephone buyer probably bidding against the reserve for a complete set of Ando Hiroshige’s (1797-1858) 120 woodblock prints: The One Hundred Famous Views of Edo.

Prince Charles watercolours unmasked as forgeries after sale

24 June 2002

FELLOWS and Sons, the Birmingham auctioneers, have refunded the buyers of three watercolours sold as the work of Prince Charles last week after the pictures were revealed as forgeries.

£360,000 Osborne backs claims of Irish Sellers

19 June 2002

IRISH auctioneers have long been adamant that Irish pictures sell better in Ireland and certainly the 71 per cent sold by lot achieved at James Adam (15% buyer’s premium) in Dublin on May 29 was only just shy of the 76 per cent by lot selling rate taken at Christie’s Irish sale in London on May 17.

The ladies take the honours

19 June 2002

Back on April 9 and 10 Bonhams (17.5/10% buyer’s premium) Bond Street rooms offered a double helping of portrait miniatures on consecutive days: a 165-lot single owner and a 133-lot mixed-vendor sale, both of which saw around three-quarters of their contents get away.

Winners at Lake Lugano and Brooklands

14 June 2002

The German painter Hans Purrmann (1880-1966) is described by Bénézit as an artist who was heavily influenced by Matisse (with whom he had contact in Paris from 1906-1914), but who lacked the greater artist’s “sense de lumière et de la couleur”.

Poertzel joins high-price Deco

14 June 2002

Buoyant as the world of Art Deco is, bidders still like familiar names, which in the world of bronze and ivory 1930s figures tend to mean Demetre Chiparus and Ferdinand Preiss.

A primitive makeover for Raphael

14 June 2002

La Guérison de l’Epiléptique, 3ft x 2ft 4in (91 x 70cm), pictured right, by André Bauchand (c.1927), based on Raphael’s Transfiguration, sold on low-estimate for €3800 (£2450) at Blanchet (17.94% buyer’s premium) on May 15, partly reflecting the indifferent condition of its paintwork.

Portrait miniature makes £200,000

13 June 2002

This portrait miniature of a 30-year-old lady by Nicholas Hilliard, dated 1582, set a new auction record for the artist at Sotheby’s Olympia rooms on June 6 when it sold to a private collector bidding on the phone against the room for £200,000 (plus premium).

Auctioneer sues vendor after settling buyer’s claim over painting

12 June 2002

A VENDOR has been ordered to pay more than £10,000 legal costs after a picture he sold at auction proved not to be by the famous German artist to whom it was attributed.

Coming Up in London

28 May 2002

THIS unrecorded portrait by John Constable, estimated to make up to £80,000, was discovered by East Anglian auctioneer and fine art broker John Vost during a routine valuation at a house on the Suffolk/Norfolk border.

Back in the provinces, a more traditional view-halloo

23 May 2002

THE ongoing calls for a ban against fox hunting have failed to dent the popularity of hunting and equestrian pictures at auction. Cecil Aldin (1870-1935) and Snaffles (Charlie Johnson Payne) (1884-1967) are just two of the artists for whom demand is strong and after Sir Alfred Munnings (1878-1959) it is Lionel Edwards (1878-1966) whose work is taking consistently high prices in the salerooms.

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