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.
Germany wants war-looted portrait back from Wales
18 December 2002Understandably, the Russians left this one behind when they liberated the Reichstag in 1945, but a Tommy NCO with a sense of humour decided to rescue this beleaguered portrait of the First World War German Field Marshall and Weimar president Paul von Hindenburg, right, from the ruins and take him back to the West Country.
Golf lightens Scottish gloom
18 December 2002WHILE the Irish picture market continues to boom, the Scottish market showed serious jitters at Bonhams Edinburgh (17.5% buyer’s premium) on the evening of December 5.
Sales stay low key as collectors hold on to their Old Masters
18 December 2002A combination of vendors reluctant to consign the best quality goods and cautious bidding from the trade created a fairly low-key atmosphere at London’s traditional pre-Christmas round of Old Master picture sales.
Court hands lost work back to owner despite compensation deal
17 December 2002It must be the dream insurance policy: compensation for loss and the return of the goods stolen. But for security giant Chubb, it was a claim too far when wealthy art lover Michael Clarke-Jervoise demanded he be handed back a 17th century Dutch masterpiece for which they had earlier paid him £125,000 in compensation.
£1.35m Munnings is clear winner
13 December 2002Thanks to the combination of sporting subject matter and extremely slick technique, Sir Alfred Munnings (1878-1959) continues to be one of the few early 20th century British painters to command a truly international following among the world’s richest private collectors.
Thomas Gainsborough: A Country Life
11 December 2002Thomas Gainsborough: A Country Life, by Hugh Belsey, published by Prestel. ISBN 379132784 £14.95hb
Bringing in a guaranteed harvest in Home Counties stockbroker belt
06 December 2002Over the last year or so there have been some worryingly disappointing results at London and New York auctions of 19th century British and Continental pictures. Bidding in London at Bonhams’ (17.5/10% buyer’s premium) November 19 sale of 19th Century Paintings, however, exhibited some much-welcomed signs of renewed solidity, with 64 per cent of the 182 lots finding buyers.
Rubens will go on public display
06 December 2002Rubens’ Massacre of the Innocents is to go on public display at the Art Gallery of Ontario in Toronto. Lord Thomson of Fleet, who set a record for an Old Master painting at auction when he paid £45m for the work at Sotheby’s in London in July, announced that the painting would join nearly 2000 other works in his collection at the gallery after it completes a $315m renovation and expansion.
Russian buyers follow the trend when it comes to selectivity
06 December 2002Russian Works of Art: ALTHOUGH like the silver sale that preceded it, the buying mood was selective for the 343 lots of Russian works of art offered by Sotheby’s Olympia on November 21, it still totalled a respectable £684,000 for the 215 lots that changed hands.
Dining on a grand scale appeals at £20,000
06 December 2002Five days after Sotheby’s auction, a smaller, 152-lot Russian sale comprising works of art and pictures went under the hammer at Christie’s South Kensington’s rooms on November 26 and here too buyers picked over the contents with 60 per cent changing hands.
Tulips…
06 December 2002Interior decorators may well be familiar with the work of ARC prints, the Battersea firm based at 1-6 Andrew Place, SW8.Their high quality reproductions of antique engravings of Piranesi vases, Roman architectural studies and David Roberts Middle Eastern landscapes can be seen on the walls of many an antique shop or stand as well as providing a stylish focal point to domestic interiors.
Top-end Victorian art feels the pinch
02 December 2002The market for high-value Victorian pictures took a downturn last week when Christie’s and Sotheby’s Important British Picture sales posted some worryingly high levels of bought-ins.
Long lost – and found
21 November 2002The paintings of Edwin Long (1829-1891) are well known to London’s gallery visitors, since there are works by him in both the National Portrait Gallery and the Royal Academy, but many of his works have long been lost or forgotten.
Venus rises, Wailing Wall tumbles
21 November 2002Sotheby’s and Christie’s October sales of 19th Century European Art in New York told, or at least seemed to tell, very different stories of the current state of the market for high value Orientalist and genre painting.
Agnews case settled out of court
19 November 2002The claim against London art dealers Agnews over a painting formerly attributed to Constable has been settled out of court. Sir Simon Day launched the claim over a series of free valuations carried out on the painting – Hampstead Heath: Branch Hill Pond – from 1975 until the late 1990s.
La Grande Loge sells for $600,000
12 November 2002The Impressionist and Modern sales were not the only New York sales last week to smash auction records. Christie’s November 5-6 sale of 19th and 20th century prints brought an extraordinary record price for a single print by Henri de Toulouse Lautrec. La Grande Loge, an 1897 lithograph in colours on wove paper, was an extremely rare and previously unrecorded colour trial proof produced before an edition of 12.
New York art sales beef up the market
11 November 2002OF the three new world auction records taken at Christie’s Rockefeller Center saleroom on the evening of November 6, two of them were for pieces of sculpture. This follows on from Christie’s success in the May Impressionist and Modern sales, their best – as Sotheby’s were for them – for some time, when Constantin Brancusi’s 1913 bronze Danaïde took $16.5m (£11.6m), the highest price for any piece of sculpture sold at auction.
Tally ho!
07 November 2002The imminent sale at Bloomsbury Book Auctions this Thursday (November 7) will feature a late 15th century French illustrated manuscript of the most important treatise on hunting of the Middle Ages, shown right. Gaston Phébus’ Livre de la Chasse and Livre de l’Ordre de Chevallerie, illuminated manuscript on paper, bound in 17th-century calf, in modern morocco-backed cloth case is estimated at £250,000-300,000.
Manguin lifts the lot of Modern
07 November 2002GIVEN the fiscal disadvantages involved, Christie’s and Sotheby’s won’t usually be looking to Paris as a venue for sales of Modern art, but Christie’s (buyer’s premium 20.93%) had a modest French Collection of Post-Impressionist & Modern Paintings and Drawings on offer on September 28 that fared well enough, with 40 lots from 43 sold for a hammer total of €1.04m (£650,000) with seven per cent bought in by lot and just two per cent by value.
Tuai and Titere – Maoris from the Marsden Missionary School
30 October 2002Seen here are two black ink silhouettes of Teeterree and Thomas Tooi that sold for £2500 as part of the book and ephemera section of an antiques sale held on October 5 by Finan & Co. of Mere.
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