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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.
Fake wood for sale
22 October 2001Concrete garden furniture is the hottest new thing on the market, says Arundel, West Sussex dealer Spencer Swaffer who is finding benches, chairs, jardinières and planters flying out of his shop almost as soon as they arrive.
Electric Tommy – almost a match for steam
19 October 2001PROBABLY the greatest success story of recent years, the railwayana market fostered and virtually cornered by Ian Wright at Sheffield continues to flourish.
First major art sales since September 11 disappointing
17 October 2001Last week’s German and Austrian art sales, the first major test of international art market since September 11, pointed to difficult conditions ahead for Sotheby’s and Christie’s – and indeed Phillips – during the forthcoming winter season.
Developers put Bermondsey plan before council for approval
17 October 2001THE long-awaited – and often controversial – scheme to redevelop Bermondsey Square is due to take a major step forward. Architects Arup Associates, who won the competition to design the new-look site, were due to submit their plans to Southwark Council for approval.
Cloudband finances hit by NY attacks
16 October 2001Cloudband.com, the specialist Website firm for rugs and textiles, have had their financing badly hit as a direct result of terrorist attacks in New York on September 11.
Castle porter’s craft is £11,000 pride of Welsh sale
16 October 2001As well as providing a venue for pop concerts and motor-cross rallies, Tredegar House is also a favourite location for auctioneers. Last year Sotheby’s used the 16th century estate for their Welsh sale – this year it hosted Phillips auction of The Arts in Wales.
Schultz case could blight entire US trade in Egyptian artefacts
16 October 2001Lawyers have filed a motion attempting to quash a case that has the potential to blight the entire trade in Egyptian antiquities in the United States.
Christie’s New York sell the library of Abel E. Berland
15 October 2001Several auction records were broken when Christie’s New York sold the library of Abel E. Berland in an October 8-9 sale that saw 90 per cent of lots sold for a premium-inclusive total of $14.4m (£9.8m).
Penman to launch big new event in Chelsea
15 October 2001LONDON: Long-established organiser Caroline Penman launches a new summer fair in London next year when The New Chelsea Antiques Show is held at the Royal Hospital, Chelsea.
New York fair organisers expect major disruptions until 2002
15 October 2001FAIRS organisers in New York plan to approach the city authorities with a view to getting events back on track as soon as possible. But they fear that with the continuing problems facing the city, it will be January at the earliest before suitable space can be found to resume anything close to a normal service.
Ship of good fortune sails in at £20,000
15 October 2001Next month will see a crop of Oriental auctions as part of Asian Art in London, the capital’s celebration of the rich vein of commercial and non commercial treasures and expertise on offer in its galleries, salerooms and museums. For those hungry for goods in the meantime, Bonhams & Brooks (17.5/10% buyer’s premium) opted to go ahead of the general run and offer a large 420-lot oriental gathering on September 26.
Tompion trouble led to this Banger rarity
15 October 2001FEW clocks can claim to be as rare as this example, pictured right, which is being offered for sale at Sworders of Stansted Mountfitchet in Essex on October 23. The rarity is based in part on the maker’s misfortune.
Sotheby’s spell out policy on backing Olympia fairs
15 October 2001Staff briefed on avoiding conflicts of interest. Sotheby's have sent out a memo to leading members of the trade involved with fairs at Olympia to explain how they will support exhibitors.
Holy Loch water turned to whisky
15 October 2001Manufacturing expertise and a fondness for the hard stuff are notable traits among Scottish folk, and they were well married in this miniature copper whisky still, pictured, offered by Glasgow auctioneers McTear’s (10 per cent buyer’s premium) on September 11.
Eden in full colour...
12 October 2001There were few plate books in this year’s Arts of India sale at Christie’s, held on September 27, but one notable result was provided by Emily Eden’s Portraits of the Princes & Peoples of India, published by J. Dickinson in 1844.
A glimpse of stocking excites novelty market
12 October 2001While classic silver chugs along at prices scarcely unchanged since the ’70s boom, novelty pieces provide the market with a buoyant area. The 90-lot silver section offered at Crewkerne on September 13 by Lawrences (15% buyer’s premium) saw only nine fail to get away and no casualties among the novelty pieces from abroad.
Victorian philanthropist rises above market fears
12 October 2001Reports of an unusually quiet time in London made auctioneer Marc Burridge of Clevedon Salerooms anxious about how business would fare in Bristol but his fears were unrealised with bidders reacting positively to a “good, clean, honest sale” on 20 September.
An accident goes on record
12 October 2001Nephew of the influential Amsterdam-based painting teacher Petrus Franciscus Greive (1811-1872), Johan Conrad Greive (1837-1891) was a modestly-talented 19th century Dutch artist who specialised in river and canal scenes often with numerous figures.
Elisabeth Frink works mark the end of a era
12 October 2001IN May 1967 Caroline Lumley and Camilla Cazalet quickly began establishing Lumley Cazalet (33 Davies Street, W1K 4LR. Tel: 020 7491 4767) as leading specialists in late 19th and 20th century prints, with an emphasis on the French School.
Your last chance to see...
12 October 2001It’s a case of two days only with Ryan Fine Art’s (74 Vanbrugh Park, Blackheath, SE3 7JQ. Tel: 020 8293 5300) exhibition of over 80 Victorian and European oils, watercolours and prints.