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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.

Gun sales proof against summer slowdown

14 August 2002

PROOF that the specialist collector knows no close season was offered in June by Weller & Dufty (15% buyer’s premium), at Birmingham and Wallis & Wallis (15% buyer’s premium), Lewes, who held sales devoted to arms and armour and militaria on consecutive days.

A high price to pay for religious satire

14 August 2002

The ceramics highlight of a mixed subject sale at Raymond de Nicolaÿ (17.94/14.35% buyer’s premium) at Drouot on June 26 was this elaborately decorated maiolica charger c.1520, from Deruta, 19in (49cm) in diameter, which made a double-estimate €330,000 (£213,000).

American collector catches his £9800 Wave after 30-year wait

14 August 2002

CONDITION is a prime concern in the 20th century print market but occasionally images come on the market that are so rare and so striking that condition concerns take a lower priority – particularly if the buyer has been searching for such a piece for 30 years.

Fashions of the past have wide appeal for today’s buyers

14 August 2002

CLARKE GAMMON's 584-lot sale on June 25 (15% buyer's premium) was most notable for the Sydney Oliver Trust costume and textile collection.

Dutch treats from the stately white elephant…

13 August 2002

THE WEST Country is not the antiques wilderness it is sometimes painted but a relatively sparse population means that auctioneers cannot simply rely on local solicitors to provide the deceased estates. Networking the landed gentry at cocktail parties or hunt meetings is part of the social round for any flourishing local auctioneer and such contacts regularly pay dividends for Duke’s rooms in Dorchester.

£3200 pot of gold at the end of Bungle’s rainbow

13 August 2002

“Up above the streets and houses, Rainbow climbing high...”. Down the Old Brompton Road in Christie’s salerooms on July 11, veteran fans of the 1970/80s psychedelic children’s TV programme Rainbow had good reason to croon the immortal lyrics of their favourite theme tune.

Stable market

13 August 2002

SEVERAL pieces of mahogany furniture from a dilapidated stables near Weybridge provided the core to this 544-lot auction at Ewbank Auctioneers, Woking on June 27 (15% buyer's premium).

From coffins to coffers…

13 August 2002

CYPRESS wood was more commonly used for coffins than coffers in medieval times, but this Charles I example, right, showed why the Mediterranean hardwood was a popular medium for domestic furnishings.

Vendors drop targets in new mood of reality

13 August 2002

WITH a 96 per cent success rate after the June 13 sale, Bristol’s Clevedon Salerooms (15% buyer’s premium) seem to have convinced vendors of the realities of the market which means not everything makes its estimate.

Vectis launch new auction house on Teesside

12 August 2002

The Hambleton Group, who have built the world’s largest toy auction house, Vectis, launch a new auction business on Teesside with a sale of Georgian silver on August 22.

Sotheby’s get a better grip on costs but still face uncertainty

12 August 2002

SOTHEBY’S chief executive Bill Ruprecht is bullish about the company’s second quarter performance, reporting a 25 per cent increase in net income on the same period last year.

Gold proves more volatile

12 August 2002

THE price of gold has been extremely volatile, with a five per cent swing in only four days.

Massive archaeological hoard of gamekeeper turned poacher

12 August 2002

ANTHONY Molloy worked as a wildlife ranger for Ireland’s national heritage service, Duchas. When he retired a few years ago, at 65, his farewell gift was not the traditional watch, but a metal detector.

Join the bidders’ club

12 August 2002

AUSTRALIAN auctioneers Cromwell’s are proving they are no square-heads by drumming up an army of loyal customers with a club for regular buyers.

Bonhams restructure London rooms as they celebrate Butterfields deal

12 August 2002

BONHAMS, who have just announced their acquisition of US fine art auctioneers Butterfields from eBay, are to consolidate almost their entire programme of London sales at Knightsbridge and Bond Street.

Oxford enjoys an old-fashioned success

12 August 2002

THERE were few signs of recession at an old-fashioned, all-inclusive sale at Mallams Oxford on June 27 (15% buyer's premium) where more than 80 per cent of the 540 lots got away.

Zwinger re-opens its doors in Dresden

12 August 2002

After three years of restoration work, the porcelain rooms of the Zwinger State Art Collection in Dresden are to re-open to the public on Sunday October 6.

A timepiece with a past

07 August 2002

FRANCE: THE Louis XVI pyramid clock, 2ft 1in (63cm) and confidently attributed to bronzier François Vion, soared to a double-estimate €200,000 (£129,000), despite the fact that the escapement and pendulum suspension had been replaced, at De Nicolaÿ (15/10% buyer’s premium) on June 26.

Oriented on London

07 August 2002

AT a convivial press lunch at Sotheby’s last week, scribes and dealers mingled to officially welcome the fifth Asian Art in London celebrations, scheduled for November 7 to 15.

A peace mission in watercolour

07 August 2002

FRANCE: Millon & Associés (17.5/ 13.5% buyer’s premium) June 26 sale included two watercolours taken from an album of drawings by Eugene Delacroix, which the artist presented to Count Charles de Mornay on their return from Morocco in 1832.