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Art and antiques news from 2003
In 2003 the Antique Collectors' Club annual index showed house price gains outstripping antique furniture for the first time in 34 years - a sign of things to come as prices brown furniture began to fall.
In the same year Leslie Hindman reopened her eponymous auction house in Chicago - six years after selling her business to Sotheby’s - and Antiques Trade Gazette was voted Special Interest Newspaper of the Year at the Newspaper Awards.
A box that helped grand plans go up in smoke…
02 May 2003BELFAST was the city that built the Titanic and the connection between the doomed liner and the Northern Irish capital has always been strong. The news of the tragedy was devastating to the thousands of men who had worked on the ship, their families, and to all the people of Belfast, perhaps none more so than James Lord Pirrie, uncle of Thomas Andrews, the designer of the Titanic and chairman of Harland & Wolff, the famous shipyard where it was built.
Staffordshire market still bullish
02 May 2003Devon auctioneers SJ Hales (15 per cent buyer’s premium) have moved to a wider field than the ceramics, and particularly Staffordshire, on which they founded their reputation but this area remains their strength. The 500 varied ceramic lots and nearly 200 Staffordshire pieces took most of the better prices among the 1500 offerings at the new Bovey Tracey rooms on March 12 and 13.
Trade Space expect to lead the way in pricing
02 May 2003OVERSEAS and home dealers were out in force on April 6 for the official launch of one of the more exciting recent trade initiatives, Antiques Trade Space at Newark, Nottinghamshire.
China trade – it’s all in the timing
02 May 2003Back on March 18, Bonhams (19.5/10% buyer’s premium) held a sale devoted entirely to Export Arts of the China Trade in their Bond Street rooms. Running to 277 lots, it comprised material from both China and Japan, the bulk of it ceramics but also featuring metalwares, ivories, furniture, paintings and other works of art.
Derby Day is now in May
02 May 2003THE distillation of a life of taste, dedication to a collecting field and unique expertise. This rare confluence of qualities may be seen this Thursday, May 1, when Neales of Nottingham present the 163-lot single-owner collection of one of their own cataloguers.
George III pair of mahogany hall benches
02 May 2003Sourced from a small church in the West Country but apparently once part of the furniture at William Beckford’s splendid Fonthill Abbey, this George III pair of mahogany hall benches (one shown) were the highlight of Duke’s sale in Dorchester on April 17.
Why a jumbo flew to £10,000
02 May 2003A number of ivories closed the Oriental ceramics section at Tennants’ sale with some memorable results. A 143/4in (37.5cm) double-handled basket and cover from Canton c.1860, carved with phoenixes and figures in pavilions, made a five-times estimate £2500 and more surprises came among ten Japanese ivories such as an 81/2in (22cm) one-piece carving of a farmer looking at an empty pumpkin cage, a cicada on his head, which made £4000 against printed expectations of £500-700.
Heart of glass in May
02 May 2003AFTER 15 years in the glass business, Cheshire organiser Patricia Hier knows her field well and it shows at her twice-yearly National Glass Collectors Fair, the next of which will be held at the National Motorcycle Museum, West Midlands on Sunday May 11.
New dates set for auctions in Hong Kong
29 April 2003CHRISTIE’S, who have postponed their April Hong Kong sales because of the SARS outbreak, have now published a revised list of sale dates for July.
Indonesia credit card con persists
29 April 2003PHONE calls to the Antiques Trade Gazette over the past two weeks make it clear that the trade is still being targeted by credit card fraudsters from Indonesia.
eBay’s first quarter profits for 2003 more than double
29 April 2003Forecasts revised upwards for the rest of the year: eBay’s net profits for the first quarter of 2003 more than doubled last year’s figure, breaking the $100m barrier for the first time. With a turnover of $476.5m for the period, the firm generated $104.2m profit, compared with a turnover of $245.1m and profits of just under $50m for the first quarter of 2002.
Italian amnesty may leave lost antiquities with those who hold them illegally
29 April 2003ART collectors in Italy in possession of illegally acquired antiquities may now be able to come clean to the authorities and keep the works concerned.
Cambridge experts set out plan for saving Iraqi artefacts
29 April 2003The Illicit Antiquities Research Centre at Cambridge University have set out a list of short- and long-term objectives to help restore works to the museums of Iraq.
Claim form queries
29 April 2003A NUMBER of dealers and collectors have contacted the Antiques Trade Gazette about notifications they have received concerning the settlement of claims relating to the Sotheby’s and Christie’s collusion case.
Library table that’s a good read itself
24 April 2003Coming up in SYDNEY: THIS table once graced the office of swashbuckling multi-millionaire Australian businessman Alan Bond, but its Australian connections go far deeper. English, and c.1810 it is a library table in the Greek Revival taste inlaid with English oak from HMS Resolution, Captain Cook’s final ship, and with ivory panels inscribed – Part of HMS Resolution – Sacred to the Memory of Captn. Cook – Deriving worth from Cook’s illustrious name – This ship shall live in rolls of endless fame.
19th century Chinese lacquer cabinets make £25,000
24 April 2003Netherhampton Salerooms (12.5% buyer’s premium) celebrated their first ever fine antiques sale in Salisbury on April 10 with quite a coup. The quality of this pair of 19th century Chinese lacquer cabinets, right, was such that they were always going to take a respectable price.
Dog days in Battersea, but Americans return
24 April 2003WITH around 80 exhibitors the Spring Decorative Antiques and Textiles Fair was well down on its usual total and visitor figures were also down at the marquee in Battersea Park between April 8 and 13.
Hitting new heights with a Spitfire pilot
24 April 2003LONDON specialists Dix Noonan Webb (15% buyer’s premium) had their best ever sale of Orders, Decorations and Medals on April 2. Their press releases make things easy for your poor ink slinger. They give all sorts of details offering a view of the actual state of the market – hard facts, not speculative interpretation.
Harrogate lures the big names
24 April 2003MURMURS around the trade indicate that business at fairs is easier out of London than in the capital, which bodes well for one of our top provincial events, The Harrogate Antique and Fine Art Fair held from May 1 to 5 at the Harrogate International Centre, bang in the centre of town.
Power’s Speed sets new record
24 April 2003Dismissed by some as the equivalent of Clarice Cliff, the brilliantly coloured, Vorticist-influenced linocuts produced by the Grosvenor School during the inter-war years continue to be the most hotly contested commodity at UK print auctions, particularly when they emerge from long-established private collections.