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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.
Textile picture illustrates demand
12 October 2001A TAKE-UP of 570 lots of the 600 on offer at Clarke Gammon– mainly from a local deceased estate – and a grand total of £75,000 revealed a market in buoyant mood at Guildford on 11 September where the best of a number of highlights answered the current demand for early textiles.
New growth in Chicago
12 October 2001The imminent cessation of all sales – including wine – at Sotheby’s Chicago has left a gap in the Mid-West market that newly-established wine auctioneers Edward Roberts International are keen to fill. Brainchild of Edward Robert Brooks, the much-travelled head of Christie’s and the short-lived Phillips’ North American wine departments, Edward Roberts will mount their first live sale of fine and rare wines at The Union League Club of Chicago on Saturday, November 10.
Why small is beautiful...
12 October 2001“For the really top things there’s no shortage of buyers, but the middle ground is weaker,” affirmed Stephen Mould of Sotheby’s wine department. “If you’ve got large parcels that depend on the trade, then bidders are more cautious. But if you’ve got small quantities of the finest things there are plenty of private buyers prepared to pay good money.”
New way of marketing online
10 October 2001MASTERING search engines is the key to gaining better exposure on the Internet, according to one firm who have started offering an alternative to signing up to major portal sites.
Further delays in developing art database
10 October 2001HOPES of finalising a draft of proposals for developing the new Home Office database for beating art crime by the beginning of October have not been realised. It now appears that it will be at least another two months before the proposals can be submitted to the parliamentary committee looking into them for assessment.
Its a Dinky collection but the prices are far from tiny
10 October 2001Jean-Vital Remy was one of the most determined and assiduous Dinky toy collectors. Over a relatively short space of time – around 15 years from the mid-1980s – this Belgian enthusiast built up an enormous assemblage of French and English Dinkys spanning the entire production period. His desire for comprehensiveness and determination to acquire pieces with unusual colour or design variations made him a formidable adversary when it came to buying, whether at auctions or in shops or fairs.
New auction houses for West Midlands
10 October 2001THIS week sees the announcement of two new auction houses for the West Midlands, the first based in Stourbridge, near Birmingham, the second in Newport, Shropshire.
The ultimate catalogue
10 October 2001Any dealer, collector or curator would love to get hold of the ultimate reference catalogue of Victorian artistic design, especially if it was bound in gilt stamped red morocco and velvet housed in a purpose-built satinwood cabinet complete with four volumes of jury reports and a case of five medals.
Vita’s work returns to the Observer
10 October 2001At the end of the morning session of Sotheby’s Garden Statuary sale at Billingshurst, the National Trust took over the rostrum to offer such items for gardening enthusiasts as an avenue of 40 young limes from the Trust’s nursery in Cheshire, home visits from Trust gardening experts and so on, but the piece of trade interest was a scrapbook kept by Vita Sackville-West at Sissinghurst donated by her son Nigel Nicolson.
Malcolm Hord to retire
10 October 2001MALCOLM HORD has announced that he is to retire as chief executive of LAPADA, the Association of Art and Antique Dealers, at the end of May next year.
Briest beef up contemporary and modern
10 October 2001FRANCE: Francis Briest, France’s leading auctioneer of modern and contemporary art, is to join up with the modern art dealers and booksellers Artcurial (acquired by Nicolas Orlowski from Oréal in 1999).
French dealers revolt over UNIDROIT
10 October 2001France’s Syndicat National des Antiquaires (National Dealers' Association) has called on the French government to reject the Unidroit convention, which enforces strict rules on the restitution of stolen art.
Survey boosts furniture’s standing
10 October 2001A NEW survey has just been published showing how much better fine period furniture has proved as an investment compared to the stock market and property over the past 30 years.
Now New York dealers put on their own shows
08 October 2001MORE than 20 of New York’s top dealers who had signed up for the cancelled International Fine Art and Antique Dealers Show are holding special selling exhibitions in their shops and galleries from October 18 to 23.
Märklin dominates train sales with top three prices
08 October 2001FRANCE: The 2nd part of the J. Lemarchand Collection of trains and toys came under the hammer in Chartres (Lelièvre-Maiche-Paris) in a 680-lot sale on September 15 & 16.
Newcastle and Clapton Orient each have their fans…
08 October 2001Stanley Matthews’ 1953 FA Cup winner’s medal, sold for £20,000 to TV presenter and Stoke fan Nick Hancock, was the lot on which national media publicity focussed, but the Football Memorabilia sale held by Sotheby’s on September 21 – one of the first sales at the new Olympia salerooms – also contained some 150 lots of programmes, match cards, magazines and related ephemera.
Chagall, Disney and Heaney – a mixed bag!
08 October 2001AS EVER, this Norfolk sale on 14 September at Keys, Aylsham provided an eclectic mix of stock, from the seriously antiquarian to the frivolous, from a 16th century summation and translation of Anglo-Saxon laws to a famous tale of porcine practicality.
Private bids fill the new nervous trade gap
05 October 2001THE cataclysmic events of September 11 in New York have thrown into spasm a UK art market that was already showing worrying signs of slowdown both in terms of supply and demand.
Has Rosoman a commercial lesson for buyers of contemporary British art?
04 October 2001Leonard Rosoman (b.1913) is an artist whose technical skill and individuality of style has never quite captured the imagination of the art market in the way that more widely recognised contemporaries like Edward Burra have.
A Golden Age’s spontaneous charms
04 October 2001COPENHAGEN: Combining the current commercial attractions of Denmark’s so-called Golden Age painters of the early 19th century with plein air oil sketches by artists made in Italy during the same period, an intriguing group of small canvases by three, albeit relatively minor Danish Golden Age artists sketching in Italy proved to be a predictably desirable target on the second day of Bruun Rasmussen’s (25% buyer’s premium) September 3-5 sale in Copenhagen.