Fine Art

RIGHT: despite the occasionally negative press the antiques trade has received in recent weeks a media circus arrived at Sotheby’s on July 7 to watch the Bond Street auctioneers sell Young Woman Seated at the Virginals, a newly-acknowledged picture by Johannes Vermeer (1632-75).

IN the eyes of many of today’s collectors, it is the realist interiors, which range from old farm buildings to grand rooms, and the figure subjects of William Henry Hunt (1790-1864), which are most desirable, a fact highlighted by the artist’s sale results.

THE problem with over-ambitious estimates does not just apply to the sort of significant paintings which consignors may be led to believe are worth sums in the £100,000-£1m range.

WITH selling rates that rarely dip below 80 per cent and steadily increasing totals that are the envy of more traditional departments, auctions of Contemporary art continue to go from strength to strength.

THOMAS Rowlandson’s (1756-1827) watercolour Place des Victoires, Paris (estimated £60,000-80,000) failed to find a buyer when offered at Sotheby’s (20/12% buyer’s premium) on July 1.

IT is not often that an antiques dealer ends up on the walls of the National Portrait Gallery, but until September 19 that is just what is happening.

DAVID Teniers the Younger’s whimsical 6 x 8 1/2in (16 x 22cm), oil on copper view of Monkeys Playing Cards, sold to a private buyer against the London trade for a double-estimate €220,000 (£146,665) at Tajan on June 24.

WEST Country foodies will no doubt be aware that the two-star Michelin chef John Burton Race and his family (they of French Leave fame) have recently moved to Devon to take over the famous Carved Angel restaurant in Dartmouth from Joyce Molyneux. Burton Race is planning a refurbishment and will rename the restaurant the New Angel in reference to its new mascot, a glass sculpture of an angel with a sword commissioned from the nearby Dartington factory.

HAVING spent millions of pounds revamping their Bond Street flagship saleroom, could Bonhams (19.5/12% buyer’s premium) succeed in attracting the sort of prestigious consignments of Modern and Contemporary art which are going to be the life-blood of any successful international auction house in the early 21st century?

THE considerable coverage given to Asia Week in London, on these pages and in the national press, rather neglected one gallery which was bringing the art of the Orient to London long before the Asia week promotion was thought of.

THE Fan Museum in Greenwich, the world’s only museum entirely dedicated to the history of fans and the craft of fan-making, have acquired an important fan painted around 1889 by Walter Richard Sickert (1860-1942).

THE National Maritime Museum are asking for help in tracking down two missing paintings by William Hodges. The works The Effects of Peace and The Consequences of War were last seen at a European Museum sale at Christie’s in 1813.

COMBINE the perennial appeal of the Fabergé name with the current demand for all things Russian and it has been no surprise to see soaring prices for pieces by this famous firm in recent seasons.

THE 19th century European Paintings sales at Sotheby’s are divided into a number of regionally-themed sections which are enjoying varying degrees of health. Although they continue to have their occasional moments, the formerly booming markets for Orientalist, German and Scandinavian pictures continue to be pale reflections of their former selves.

BACK in July 1984, Christie’s took £75,000 (£81,000 with premium) for Thomas Rowlandson’s (1756-1827) pièce de résistance watercolour of Box-lobby loungers.

THE Old Master trade loves a sleeper and at least two dealers were convinced they were on to a major discovery when a woefully under-catalogued “Painter standing beside a canvas depicting cupid, oil on canvas, 45 x 37.5in (1.14m x 95cm)” came under the hammer without any form of attribution or estimate at the Portsmouth, New Hampshire rooms of North East Auctions (15/10% buyer’s premium) on May 23.

AS the hubbub dies down in London, there is no shortage of action in the provinces.

WAS it a case of not being market-fresh or a change in fashion that resulted in such a dramatic nose-dive in value for this black chalk, stump and watercolour, right, by Thomas Gainsborough (1727-1788), when it came up at Christie’s King Street on June 3? Against hopes of £40,000-60,000 it scraped home with a final bid of £35,000 (£41,825 with premium) from a private collector.

ON July 15, Bonhams will present a double-catalogue sale of 500 lots of natural history books and watercolours from a single collection and one of the highlights will be a very special copy of Audebert & Viellot’s Oiseaux dorés ou a reflets metalliques... of 1800-02.

TWENTIETH century and Contemporary art underlined their status as the key growth areas for the major auction houses when London’s June round of Part I Impressionist, Modern and Contemporary sales netted £120.4m. Six months ago the equivalent sales took £94m, while back in June 2003 – when war was raging in Iraq – they could only muster a relatively modest £81m.