Art and antiques news from 2001

The most hotly contested property in Christie’s 335-lot Japanese and Korean sale on October 15 was a selection of Korean art from the Falk collection. Just over half of the reasonably estimated 55 Korean entries hailed from this New York collection, that attracted new American buyers as well as regular European privates and dealers.

The comprehensive collection of French royal issues formed by Michel Bonhomme was dispersed in Paris at Christian Delorme et Vincent Fraysse (expert: Alain Weil) on October 9-10. The period covered was from Charles V (1364-80) until the fall of the French monarchy in 1792.

FRANCE: There were some prestigious names among the 24 exhibitors at the first Salon International d’Art Asiatique, held at the Hôtel Dassault on the Champs-Elysées from October 5-8.

Even without the worldwide crises of the last two months, the market for Islamic works of art has always been volatile, subject to price polarisation and a degree of selectiveness.

Two rather different toy sales went under the hammer early last month. October 4 saw Christie’s South Kensington (17.5/10% buyer’s premium) put some 465 lots predominantly devoted to dolls under the hammer while six days later Bonhams & Brooks (15/10% buyer’s premium) offered an even bigger, more general 630-lot mix of playthings ranging from Dinkys and lead figures to dolls, soft toys and tinplate.

TEFAF, the European Fine Art Foundation, who organise the Maastricht fair, have commissioned a detailed new study on the state of the European art market.

WHILE it was worrying that Phillips’ main Midlands saleroom could find only 100 furniture lots worthy of their main autumn sale, and that only five of those took more than £3000, such is the drought of quality goods in the provinces at the moment that the trade were determined to make the best of any opportunity.

As every silver dealer knows, the value of standard Victorian three-piece tea sets has gone down, not up, over the past decade. But introduce a fashionable style to the casting, and the price will inevitably soar.

USA: STELLA Management have been forced to cancel New York’s Triple Pier Antiques Show despite moving the venue.

Uncertain of just how widespread a reaction they would receive on the lot, Walker Barnett & Hill of Shropshire estimated this rare pair of 19th Century Japanese Carved Wood & Ivory Figures of two young boys, one with a hobby horse, the other playing a flute, measuring 10in (25cm) high, conservatively at £500-700.

FRANCE: After a long and frustrating delay, Sotheby’s and Christie’s finally got the official go-ahead late last week to conduct auctions in France. They were among the first four auction houses to receive a licence from the French Conseil des Ventes on October 25 and both houses swiftly announced details of their inaugural sales to be held later this year.

PICTURED right is just one of a number of rare and important artefacts whose sale to the nation has just been negotiated by Christie’s.The 14th century Norwegian carved ivory crozier head, which has been sold in lieu of inheritance tax and will go to the V&A, is an extremely rare example of late medieval Scandinavian carved ivory.

Two of the biggest art insurance companies have warned the trade to expect a 20 per cent rise in the cost of renewing policies following the terrorist attacks in America, and the Afghanistan war.

Christie’s will close their office and saleroom in Athens on November 30, with the loss of all seven staff. The company is also shutting offices in Oslo, Stockholm, Frankfurt and Copenhagen, with the loss of at least 12 administrative staff, with further office closures expected in Asia and America by the end of the year.

Complaints taken up with Austrian ministry: Further investigations by the Antiques Trade Gazette into dealers falling foul of the FAIRGuide charges point to there being no protection for the trade under English law.

This sale comprised some 308 lots of which 300 had all come from the home of the late Brian Donald Hewens Miller.

THE acceptance that silver has long lost its shine does not mean that there is no active market, just that prices are lower. After this sale of 340 lots at Phillips’ Midlands operation on 19 September the familiar picture emerged of modern pieces struggling, standard material chugging along and items with appeal beyond the metal doing rather well.

AWAY from New York, the international trade have been preparing to return to serious business in the US at David and Lee Ann Lester’s second annual Texas International Fine Art Fair, running from November 1 to 7.

Fresh-to-market goods from the deceased estate of a well-known Lincolnshire lady, Mrs Rosalys Ransom, ensured keen trade and private interest at this Lincolnshire sale on 26 September at Thos. Mawer resulting in a 75 per cent take up of the 522 lots and a total of £123,000.

Penrith Farmers' and Kidd's have been badly affected by world events this past year. Situated in one of the worst hit areas for the Foot and Mouth epidemic, the county all but shut up shop. And just as things were starting to pick up the devastating events in America have created a marked caution in the trade.