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Art and antiques news from 2002

In 2002 Tim Hirsch led a management buyout of Spink from Christie's.

Alfred Taubman received a jail sentence for his part in the Christie's/Sotheby's collusion scandal.

Rubens' long-lost Massacre of the Innocents sells for £45 million at Sotheby's in London. At the time it was the third most expensive painting ever sold at auction.

Bacon and Rothko works live up their reputations

04 March 2002

Post-War sales at Christie’s (17.5/10% buyer’s premium) tend to be more predictable, less mercurial events than their cool contemporary outings and the established reputations of the artists invariably guarantee a procession of solid six-figure results.

Syphoning off the profits

04 March 2002

Transferring fine vintage wines from the bottle to the decanter without disturbing the sediment has been an age-old concern of those who take their wine seriously. It was clearly a concern in the 18th century, as can be attested by this ingenious and now rare George II silver wine syphon, right, which came under the hammer at Christie’s South Kensington’s (17.5/10% buyer’s premium) February 19 sale of Selected Silver and Plate.

A small scoop that adds to the overall picture

04 March 2002

The Caddy Spoon in the 20th Century, published by the Society of Caddy Spoon Collectors, Upper Nordens Clinic, Royal Oak Lane, High Hurstwood, Uckfield, East Sussex TN22 4AN, price £12.60 including p&p.

Expertise for short-term hire with new recruitment consultancy

04 March 2002

AUCTION houses, dealers and other fine art businesses can now buy in expertise as and when they need it, rather than having to take on full-time staff.

VAT changes bring red tape

04 March 2002

Echoes of the Kent County Council Bill can be discerned in changes announced to the VAT secondhand margin scheme (notice 718). Dealers who use a system called Global Accounting to calculate VAT on profit margins will have to keep a record of the names and addresses of sellers on purchase invoices – a main requirement of the Kent Bill – when the changes come into force on July 31 this year.

When Windsor went from so-so to splendour

04 March 2002

For The King’s Pleasure. The Furnishing and Decoration of George IV’s Apartments at Windsor Castle, by Hugh Roberts, published by The Royal Collection, distributed by Thames & Hudson. ISBN 1902163044 £75 hb

Navigation Warehouse

04 March 2002

TWO maps of the Americas, as predicted, brought the highest bids in this Sussex sale at Rupert Toovey on 13 February. A copy of William Heather’s New General Chart of the West Indies... of 1809, backed on (contemporary) paper and with some light soiling and a few small tears to the blank margins, was sold at £900, while for Heather’s New Chart of the Coast of America from Philadelphia to the Gulf of Florida..., a corrected and improved edition of 1812, bidding rose to £1450.

Lost Rubens could make as much as £20m

04 March 2002

Sotheby’s July 11 Old Master sale will include the re-discovered Peter Paul Rubens (1577-1640) oil on panel The Massacre of the Innocents, pictured right.

Kent Act fails to deter trade as almost 100pc register at fair

04 March 2002

The second Detling fair of the year (February 23-24) indicates that the trade is not being put off by the Kent Act.

Longleat’s £15m fund-raiser

04 March 2002

CHRISTIE’S have announced that they have been instructed by the Marquess of Bath and his trustees to sell 400 lots of paintings and works of art from Longleat House. The aim is to raise over £15m to set up a maintenance fund for its preservation.

Tea – it’s in the can

25 February 2002

Tea-drinking first took off in the West in the late 17th century and in its wake came a whole host of paraphernalia associated with the consumption and storage of the beverage.

And recalling the Great War, heroism on a plate

25 February 2002

Would that every soldier was awarded a piece of porcelain, as well as a medal, for acts of outstanding bravery. What a civilised army that would make.

Dealers get grants to attend Chicago fair

25 February 2002

British Art Market Federation lobbying has persuaded the Department of Trade and Industry to provide grants for 13 LAPADA members to exhibit at a Chicago antiques fair.

Appeal for return of stolen mermaid

25 February 2002

POLICE are casting their net farther afield in the hope of recapturing a missing mermaid, and the thieves who stole her.

Local associations boost bids on 17th century chair

25 February 2002

THE policy of these Cheshire auctioneers, Maxwells, to hold a decent sale in January rather than in the crowded period before Christmas generally pays off, and did so this year although, that said, the local associations of the top seller would probably have resulted in a good price at any period.

Spain’s loss is Cheshire’s gain

25 February 2002

Furniture was strong at this Cheshire sale at Patrick Cheyne on 26 January where the top seller was a set of eight (six and two carvers) and two near-matching George III style bleached walnut dining chairs.

Märklin 00 gauge replica

25 February 2002

The value of toy trains is rarely tied to world events, but this Märklin 00 gauge replica of a London Midland and Scottish railway locomotive was manufactured by the German toy firm for export to Britain in 1938.

All change as Arnault sells Phillips to de Pury team

25 February 2002

French billionaire quits battle over auction market: Backed by a dotcom businesswoman and an investment bank, two auctioneers last week bought the majority stake in Phillips de Pury Luxembourg from luxury goods group LVMH.

Clarion appoint new fairs director for Olympia

25 February 2002

CLARION Events, the organising arm of Olympia, have appointed Dan Gorton, 34, as fair director for the three annual Fine Art and Antiques Fairs.

William Fitzpatrick’s 1793 mission to Nepal

22 February 2002

THE COPY of Colonel William Fitzpatrick’s Account of the Kingdom of Nepaul... that sold for £380 in this Somerset sale at Greenslade Taylor Hunt on 13 December was not a great one.