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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.
Cupro-nickel coins and crowns…
26 July 2001FRIDAY 13th proved a long day at Glendining’s (15 per cent buyer’s premium) with 735 lots – not that this was unlucky. It was, as usual, a general sale but there is plenty of general interest to write about.
EBay sets new records with results
26 July 2001eBay has beaten predictions once again in its latest set of results, showing impressive growth in revenues as well as in the number of registered users.
dmg add North Carolina fairs to their portfolio
26 July 2001dmg world media have continued their expansion in the United States with the acquisition of the Metrolina Antiques and Collectibles Fairs from GAH International Limited in Charlotte, North Carolina.
Japan bronze is Glasgow star
26 July 2001THE local west Scottish trade were the driving force behind the 75 per cent take-up on the 589 lots offered at Mctear's. Glasgow on June 15 – including the surprise star piece.
Where railways run at happy profit
26 July 2001THE wheels may be coming off RailTrack and rail shares plunging generally, but in the older parallel world of steam things could hardly be better. Looking at sales figures of 544 lots getting away out of 550 offered and a total of £383,000 on June 16 at Sheffield Railwayana Auctions, other auctioneers can only envy Ian Wright’s decision some years ago to specialise in railwayana.
Replica models prove to be FAB for collectors
23 July 2001UK: Children’s past playthings, toys for bigger boys and nostalgic mementos of cult TV programmes. All these could be found this month in the London rooms.
Beat Kent red tape with mobile credit card swipe
23 July 2001UK: Kent Trading Standards have confirmed that Barclaycard’s recently launched mobile credit and debit card machines can cut red tape for dealers under the imminent Kent Act.
Not feet, but hands of Clay
23 July 2001A well-wrapped and padded pair of boxing gloves are essential, one would think, for victory in the ring. But arguably it was the defective nature of the left hand glove, pictured here, which gave Cassius Clay his win over Henry Cooper in 1963, after letting him off the hook.
BADA elect Horne
23 July 2001UK: JONATHAN Horne, the well-known British ceramics dealer, pictured centre, has been elected the new chairman of the British Antique Dealers Association. He follows John Bly, pictured left. Also pictured is the Rt Hon Peter Brooke CH, who has been elected President of the BADA for the seventh year.
Wooden gutty cutter
23 July 2001Golf fans will acknowledge the significance of this contraption, only the third wooden gutty cutter to ever have appeared at auction.
£220,000 for unique Klinger silver cast
23 July 2001UK: The highest and arguably most unexpected result in the 19th century section of Sotheby’s July 11 Works of Art sale came with the piece pictured here, a 3ft 7in (1.1m) high silvered statue of Galatea by Max Klinger which sold for £220,000. The subject is a characteristically symbolist work showing the sea nymph seated on a mottled grey marble throne carved with dolphins and is perhaps inspired by Gustave Doré’s painting shown at the 1880 Salon, and by Huysmann’s novel A Rebours.
Record price for painting at German auction
19 July 2001GERMANY: Over the last few years there has been an increasing awareness that high quality works will always fetch exceptional auction prices almost regardless of where they come up for sale.
Piqué perfection…
19 July 2001UK: Christie’s Continental Furniture sale on July 4 (17.5/10% buyer's premium) included a small nine-lot section devoted to Neapolitan piqué work: tortoiseshell objects inlaid with mother-of-pearl and silver, which proved decidedly popular.
Magnum force…
19 July 2001“Everyone’s looking over their shoulder and being careful not to overstock at the moment,” says Stephen Mould of Sotheby’s (10% buyer’s premium), whose June 27-28 single-owner sale of Finest and Rarest Wines The Great Collection nonetheless took £2.4m, the fourth highest total ever achieved for a single-owner wine sale.
SLAD appointments
19 July 2001ANGELA Nevill has been elected chairman of the Society of London Art Dealers and Christopher Battiscombe will take over as general secretary at the beginning of September from Neil Smith, who retires at the end of July.
Stool raises the bidders’ ambitions on a dull summer day
19 July 2001THEY came, they saw, they appeared interested – but on sale day at Holloways, Banbury, the buyers, particularly the trade, were in the cautious sort of mood auctioneers across Britain have been experiencing in the quiet post-Olympia days.
The Hours of Albrecht of Brandenburg number £2.7million
19 July 2001UK: This article looks at a magnificent Book of Hours illustrated for one of the wealthiest prelates and patrons of the arts in 16th century Europe, Cardinal Albrecht of Brandenburg.
Hard shell bidding takes puppet to £1k
19 July 2001UK: In the days before Lara Croft burst onto the digitalised scene, playtimes revolved around the handmade charms of Mitzi, Chloe, Witch, Dutch Girl and other pine wood beauties from the puppet stable of Bob Pelham.
The gallery catalogues that should be etched on a trophy
19 July 2001The recent British Antiques and Collectables Awards did not have a category for ‘best gallery catalogue’ (sponsors, please note); however, if there had been, Elizabeth Harvey-Lee (1 West Cottages, Middle Aston Road, North Aston, Oxon OX25 5QB. Tel: 01869 347164) would surely have been on the shortlist.
Sewing table makes £6400 in Tunbridgeware surprise
19 July 2001While Lyon & Turnbull enjoyed the lion’s share of the audience for the two sales in Edinburgh at the end of June, Phillips (15/10 per cent buyer’s premium) at least had the most surprising result in the form of this Tunbridgeware sewing/writing table by Fenner and Co., estimated at £300-500.