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.
£12,500 Nelson outranks artist
17 July 2002In 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even a famous artist like Henry Bone, enamellist to the Prince Regent and the author of this miniature, right, can be superseded by their subject.
Rubens masterpiece joins the world record holders at £45m
17 July 2002History 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 2002Stockmarket 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 2002Every 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 2002It 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 2002Medieval 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 2002Concerns 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 2002Sotheby’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 2002FELLOWS 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 2002IRISH 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 2002Back 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 2002The 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 2002Buoyant 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 2002La 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 2002This 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 2002A 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 2002THIS 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 2002THE 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.
Now Contemporary sales boost confidence
23 May 2002CHRISTIE’S established 15 new auction records at their Rockefeller Centre saleroom on the evening of May 14 with a $42.1m (£29.9m) sale of Post-War and Contemporary Art.
Lavery’s lucky touch wins again...
15 May 2002Sir John Lavery R.A. (1856-1941) is one of the hottest names in the booming Irish picture market and back in 1998 The Bridge at Grez, a large oil on canvas, took a record £1.3m at Christie’s London.
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