Art and antiques news from 2000

THE second week of London’s prestige midsummer sales saw the Modern given way to the traditional with a flurry of exceptional prices for Old Master paintings and drawings and Renaissance works of art.

TO some a relatively run-of-the-mill hot water jug and cover, but to others the inspiration for possibly the most important prose fiction in Britain’s rich literary history.

FRANCE’S auction reform has been definitively adopted by parliament after its final reading in the Senate on June 27.

Back in 1948 a Dublin auctioneer sold the contents of a local property belonging to one Dr Cremins, which included a number of antiques purchased in the early years of the 20th century.

ITALIAN Renaissance sculpture made a rare splash in the national news last week with the announcement that a £3500 bronze bought in Los Angeles by leading London works of art dealer Daniel Katz was now identified as a “multimillion pound masterpiece by Donatello”.

THOUGH it might no longer be the place where an international vendor would choose to sell a £20m Picasso or Van Gogh, London last week enhanced its reputation as a revenue for selling major-name Impressionist, Modern and Contemporary art with a string of major results at Sotheby’s and Christie’s evening sales.

Gavelnet.com, the San Francisco-based Internet auction specialists, have merged with Tangible Asset Galleries, Inc a California-based retailer, wholesaler and auctioneer of fine art who last year declared sales of over $20 million.

UK: THE Internet has failed to generate any significant volume of sales for London’s art dealers in the past year, reports the members’ survey for 1999/2000 by the Society of London Art Dealers.

UK: CYPHERS can be frustrating things, whether one is using the word to denote a code for secret writing or, as is more often the case in the antiques world, some ingenious arrangement of conjoined initials.

UK: LEADING the auction at £100,000 (plus premium) was this 27in (68.5cm) high early 18th century, two-section Saxon covered goblet from Dresden which is applied with 12 silver-gilt oval medallions of Roman emperors and was discovered in a cellar at Schloss Hinnenburg, in northern Germany.

SOTHEBY’S Holdings have announced their nominees for the firm’s board of directors, with shareholders due to vote on them at the delayed Annual Meeting in New York on August 3.

THE Booker, the Baftas, the Brits, and now the Baca; the inaugural British Antiques and Collectables Awards finally joined the ranks of other UK arts prize-giving bashes with applause and aplomb at Grosvenor House on June 20.

FRANCE: FOLLOWING the recent agreement on a definitive text by a bicameral parliamentary commission, France’s auction reform was adopted by the Assemblée Nationale on May 23 and is slated for its final reading in the Senate on June 27.

UK: WHAT difference does provenance actually make to the price of an antique? The answer is apparently none at all in the case of the shortest lived and least productive factory in the history of English porcelain.

UK: THE panel looking into whether UK collections and institutions should return Nazi looted art to its original owners or compensate them has unveiled the criteria and procedures which will determine its judgements.

UK: GAVELNET.COM, the San Francisco-based Internet auction specialists have denied claims that they are winding up their UK operation.

UK: Hawk-eyed Neil Froggatt spotted the true worth of an antique treasure during a routine household evaluation.

US: ONE OF the rarest chairs in the world has met with an unexpected fate at the Minneapolis Institute of Arts. A 17th century Chinese folding armchair, which had accomodated the highest dignitaries of the Imperial court, was unable to bear the weight of a weary museum visitor who had disregarded the ‘do not touch’ sign and sat down to rest his feet.

UK: THE MINISTER for the Arts, Alan Howarth, made it clear last week that he was not going to be rushed into further regulating the trade in art and antiquities.

Following the decision earlier this year to reform the structure of the Royal Institute of Chartered Surveyors and to merge with the ISVA, the RICS will split into 16 faculties from the beginning of 2001.