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Art and antiques news from 2001

In 2001 Alfred Taubman and Sir Anthony Tennant, respectively chairmen of Sotheby's and Christie's in the 1990s, were indicted by a US federal grand jury on charges of colluding to fix rates of commission between 1993 and 1999.

Taubman received a jail sentence the following year whereas Tennant refused to leave Britain to stand trial in New York and could not be extradited because there was no equivalent criminal offence in the UK.

In other news restrictions on travel in the UK due to foot and mouth affected auctions and fairs across the country.

The attacks of 9/11, in which 3000 people died, not only disrupted fairs and sales in Manhattan but also led to fewer US buyers travelling to the UK to acquire art and antiques. Trade in antique furniture was particularly badly affected in the following years.

ICollector strike live online bidding deal with EBay

22 January 2001

EBay are to provide the technology for customers to bid live online at sales held by hundreds of auction houses whose catalogues can be scanned on ICollector’s Website.

Dealers assemble for tea-time in Suffolk

22 January 2001

UK: “THAT is a heck of a lot of beverage, even for me,” said one dealer looking over the 64 lots of tea and coffee pots, some shown here, at Phillips (15/10 per cent buyer’s premium) sale in Bury St. Edmunds on December 6-7.

A little early in the year to pop the corks

22 January 2001

FINE wine is one of those areas of the auction market which is bound to catch a cold if the world economy sneezes into recession or slowdown over the coming months. Higher than usual unsold rates at recent auctions in London and New York would suggest that buyers are already taking a more selective view of the wine market.

Sotheby’s to shed 165 staff

15 January 2001

Sotheby’s Holdings have confirmed that eight per cent of their staff worldwide – around 165 employees – are to lose their jobs as part of a cost-cutting and restructuring programme.

Out-of-court deal blocks hope of Web sales ruling

15 January 2001

HOPES of clarifying ownership rights over items sold at auction on the Internet have suffered a setback with the settling out of court of a potentially precedent-setting case.

Yahoo to ban Nazi lots... but not because of French ruling

08 January 2001

YAHOO have decided to ban sales of Nazi memorabilia and other items promoting racism from their Website from January 10.

Export Review Committee saves six treasures for Britain

08 January 2001

UK: THE Export Review Committee, which assesses whether outstanding works of art should be allowed to leave the country, has helped six such pieces stay in Britain in the past year.

Powers of persuasion

08 January 2001

UK: IF you stood fuming on the cocktail party sidelines over the festive season as your wife/husband got on famously with a lecherous member of the opposite sex, then something like this oversized (18in) metal syringe and vial which appeared at Christie's South Kensington on December 12, would have come in rather useful.

Bonhams & Brooks to quit Manchester

08 January 2001

UK: BONHAMS and Brooks are to close their Manchester saleroom, compress departments in London and make 15 staff redundant in the first major shake-up since the two companies merged in September.

17th century Portuguese mariner’s astrolabe

08 January 2001

USA: A 137-lot collection of marine archaeological artefacts salvaged by the company Arqueonautas from seven wrecks on the reefs of the Cape Verde Islands rounded off Sotheby’s horological and scientific auction on December 19.

Cultural goods business faces legal shake-up

01 January 2001

UK: Major new initiatives, including the introduction of a new criminal offence, are expected to come into force in the next few years to tackle illicit trade in cultural property.

Ack Ack in an early form

01 January 2001

UK: IN THE days when thousands of game birds would be shot in a morning on the moors by the likes of Walsingham and Ripon, it might have come as a shock to learn that no records of this gun ever making a successful kill existed, even more so when the target was many thousand times the size of your average pheasant.

Bids flood in as buyers brave the weather

01 January 2001

THE flooded Welsh Marches in November didn’t augur well for sales but the Herefordshire auctioneers even managed to find a buyer for a highly unseasonal garden seat.

Nazi shadow falls over three French museums

01 January 2001

FRANCE: THREE French museums have become embroiled in legal controversy after harbouring works of art looted from their original owners during the Nazi occupation of France during World War II.

Art crime gang rounded up

01 January 2001

FRANCE: Following a two-year investigation, French police have rounded up a gypsy gang responsible for hundreds of thefts from châteaux and private homes, many in Normandy and the Paris area.

DMG buy Florida fairs

01 January 2001

DMG have bought four antique shows in the US: The Original Miami Beach Antique Show, The Las Vegas Antique Jewellery Show, The September Miami Beach Jewellery Show and the November Miami Beach Antique Show.

Guinness collectors fasten on to buttons

01 January 2001

UK: THE market in Guinness collectables continues to be as thirsty as that for the black stuff itself, to the point where buyers have to be on guard against forgeries of better known pieces.

Phillips merges with de Pury & Luxembourg

01 January 2001

PHILLIPS have announced that they are to merge with private treaty sale firm de Pury & Luxembourg, with Simon de Pury becoming chairman of the group and Daniella Luxembourg president.