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.
On-off saga of Bauhaus artist’s dispersal reaches another impasse
22 December 2008A FAMILY feud has led to yet another cancellation of the sale of 63 works of art by Oskar Schlemmer, one of the central figures of the Bauhaus.
The Bermuda bounce in Banbury
15 December 2008BY the time sale day came around, Holloways of Banbury knew they had something special on their hands.
Old Masters sales holding firm in the downturn
09 December 2008Old Masters provided some solace for the London auction rooms last week, posting the solid totals and some eye-catching prices to suggest this most established of markets will ride the downturn better than its modern counterparts.
Bacchus bronze hits golden £1m
09 December 2008In a week that saw the London salerooms offering their traditional December round of Old Master pictures, continental furniture and works of art, one of the strongest prices proved to be the £1m (plus premium) paid for this lively and intriguing 3ft (90cm) high bacchic bronze at Sotheby's on December 2.
Imperial connection lifts vase to $440,000
09 December 2008This monumental 19th century Russian gilt-bronze mounted porcelain vase, created by the Imperial Porcelain Factory in St Petersburg, is thought to have been included in the wedding dowry of a daughter of Tsar Nicholas I.
Religious Hals on show at Colnaghi
09 December 2008Colnaghi-Bernheimer of London and Salomon Lilian of Amsterdam have unveiled a rare religious painting by the Dutch 17th century master Frans Hals.
Russian art falls victim to the downturn
01 December 2008with buy-in rates exceeding 60 per cent at many sales, Russian Week in London proved this hitherto burgeoning market to be as vulnerable to the economic crisis as any other.
The $180,000 Beardsley that hung in a Boston bathroom
24 November 2008FOUND hanging in a Boston bathroom, the whereabouts of this Aubrey Beardsley (1872-1898) illustration had been a mystery for more than 80 years. Entitled The Climax, and hanging in the lavatory alongside another Beardsley pen-and-ink drawing called A Platonic Lament, the owners had no idea of its significance.
Scott sale brings an impressive turn-out
24 November 2008SOTHEBY'S keenly anticipated sale of the collection of the late Sir David and Lady Scott on November 19 provided a confidence-boosting result. Any pre-sale fears that the ‘unfashionable’ Victorian pictures it contained might damage results were soon put aside.
Fabergé double clocked up in the south
17 November 2008The falling stock markets that have dented the wealth of Russia’s rich have yet to impinge upon the appetite for the output of Karl Fabergé.
New York sales down by half as confidence leaves the contemporary market
17 November 2008THE latest series of contemporary art auctions in New York showed how much the market has fallen since its peak. With sale totals down well over 50 per cent from last year’s autumn series held at the height of the boom, the extent of the damage caused by the current economic distress and diminished confidence amongst buyers was manifest. The question now is will prices stabilise or fall further?
Fedden offered at charity auction
17 November 2008A Mary Fedden watercolour is among the items for sale on the philanthropic auction site www.buyoncegivetwice.co.uk
The Obama bounce in the saleroom
10 November 2008COMING just hours after the election of Barack Obama in the US, a poster of the new President-elect sold at Bonhams & Butterfields in California for a double-estimate $4800 (£3145).
Impressionist and Modern art sales follow the world economy
10 November 2008Following the sometimes painful results of last week's Impressionist and Modern art sales in New York, there can now be little doubt that the worldwide financial distress is undermining demand for trophy paintings and sculpture. All sales missed their low estimates by some margin.
London to get its first Russian art fair
06 November 2008NEXT summer the first Russian Art Fair will be launched at the Jumeirah Carlton Tower, Knightsbridge, London. It will run from June 6 to 9 to coincide with the Russian sales at the major auction houses.
Peploe brings colour amidst the gloom
27 October 2008DESPITE falling stocks, banks freezing and now top-end contemporary art taking a tumble, Samuel John Peploe's (1871-1935) Roses sold at £440,000 hammer to a UK private buyer at Christie's Scottish art sale in Edinburgh. With premium included, this was a record for a Scottish Colourist, although not a hammer record.
Climate change for contemporary art
27 October 2008THE balloon-like market for contemporary art lost much of its air last week as both the Frieze Art Fair and its related auctions suffered the full force of the global economic crisis.
Banksy market sees selective buying
27 October 2008THE contemporary art downturn had a tangible effect on the market for urban art as the sales staged in London by Bonhams in New Bond Street on October 23 and Dreweatts in Shoreditch on October 14 witnessed greater selectivity amongst buyers.
Underrated Fabergé soars in Philadelphia
20 October 2008Reports of the vast sums of money lost by some Russian oligarchs in the recent financial crisis did not appear to hamper enthusiasm for a collection of Russian cloisonné sold at Freeman’s in Philadelphia on October 8.
Fresh alert over fake Lenkiewicz paintings
20 October 2008The Lenkiewicz Foundation have exposed two fake Robert Lenkiewicz (1941-2002) portraits after they were seen advertised for sale on a dealer's website. The dealer immediately withdrew the two paintings, a self-portrait and Study of Lisa Stokes, once contacted by the foundation.
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