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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.
Trouble and tribulations in the Colonies...
28 February 2003Captain John Smith’s A True Relation of such occurrences and accidents of noate as hath hapned in Virginia since the first planting of that Collony... , the first printed account of the settlement at Jamestown, Virginia, in 1607 – or, “the first permanent English colony in the New World, and hence the direct progenitor of the United States”, to quote Boies Penrose – is one of the legendary rarities of early Americana.
Pandemonium sells for hammer price of £1.5 million
28 February 2003Inspired by the catacombs of Somerset House, the street lighting of Pall Mall and, above all, the Babylonian splendour of the new Houses of Parliament, artist John Martin’s 1841 oil on canvas Pandemonium was an apocalyptic vision of Victorian London that played well to the post-September 11 sensibilities of the US picture trade at Christie’s King Street sale of the Forbes collection on February 19-20.
Nurturing local craft skills – a contemporary view of the Cotswolds
25 February 2003If you still believe that the Cotswolds are merely the final bastion of traditional brown furniture, you should take another look at Moreton-in-Marsh. Just opposite Astley House Fine Art, where David and Nanette Glaisyer have shown Victorian and other traditional pictures for 30 years, is Astley House Contemporary, the airy, two-floor gallery they opened just before Christmas.
Staying on target with screen prints
25 February 2003When it comes to wall power there is nothing like a poster to add presence and focus to an interior, and for iconic or cult status, a film poster is hard to beat.
From Selfridges to Sotheby’s thanks to a facelift for the lifts
25 February 2003Decorative arts from 1870s Gothic Revival to 1960s Murano glass and everything in between is on offer at Sotheby’s Olympia this month. Their sizeable gathering of over 230 lots, which goes under the hammer on February 27, takes in examples of all the major design movements of the 20th century (and the latter end of the 19th): Art Nouveau, Arts & Crafts, Wiener Werkstätte, Deco and Modernism.
A window on the east
25 February 2003Altfield, who specialise in traditional craftsman-made furniture and objects imported from the Far East, have a well-established mainly trade outlet at the Chelsea Harbour Design Centre, but last November, they branched out with a new retail showroom at 320 King’s Road, SW3.
What’s doing well in art
24 February 2003Contemporary art continues to outperform many of the more traditional categories of art and antiques, according to a new report by insurers Zurich.
TEFAF relaunch attack on Import VAT and EU rules
24 February 2003Scrap it or at least make life easier for the trade, new study demands: THE European Union should look again at the whole issue of Import VAT and art market red tape, say The European Fine Art Foundation.
Good results help Mallett resist property speculator’s attentions
24 February 2003Mallett revealed a 47.6 per cent rise in turnover and a 20 per cent rise in pre-tax profits in 2002, described by chairman George Magan as “one of the most challenging years” in the history of the London dealership.
Sotheby’s give up trying to sell Taubman stake
24 February 2003SOTHEBY’S have announced that they have given up trying to find a buyer for the controlling stake of disgraced former chairman A. Alfred Taubman.
LAPADA act to protect dealers from credit card scam
24 February 2003IN the wake of recent reports on credit card fraud emanating from Indonesia, dealer association LAPADA are advising members on how best to protect themselves.
Overseas buyers make curate’s egg taste better…
20 February 2003IF THERE is one objet d’art that best characterises the antiques market at present it is the curate’s egg – good in parts, but bad overall. The flawed ovum’s brighter regions encompass most low-value collectables – ceramics included.
Success when private price is right
20 February 2003PRIVATE pictures with reasonable estimates proved a recipe for success at Bonhams (17.5/10% buyer’s premium) on February 3 where 75 of the 101 lots found buyers at the £823,130 sale.
Tennants strike a deal with Heathcote Ball
17 February 2003FOLLOWING the tragic death of John Ball in an accident last year, the future of his auction firm Heathcote Ball has been secured in a deal with Tennants.
Bar-gain Hunt as fairs say no
17 February 2003FOLLOWING last week’s Dealers’ Diary report that Bargain Hunt was banned from the Great Northern Antiques and Collectors’ Fair, another organiser says the TV show is not welcome at his event.
Another online scam?
17 February 2003AFTER what seems an unending number of complaints about unscrupulous online fair guides charging for unwanted advertising, the Antiques Trade Gazette has now heard about what appears to be a new scam.
How will London’s congestion charge affect the antiques trade?
17 February 2003Londoners are steeling themselves for the introduction of the daily £5 congestion charge on February 17, introduced by Mayor Ken Livingstone in a bid to reduce traffic and pollution in the capital. The Antiques Trade Gazette has been asking members of the trade what effect it will have on their businesses.
More Sotheby’s job cuts likely
17 February 2003SOTHEBY’S have started a new staff review and admit that further redundancies are likely.
EU to bring in new rules to combat money laundering
17 February 2003European Union rules to combat money laundering due to come into force in June will oblige businesses accepting cash payments of more than €15,000 (£9400) to adopt a raft of new procedures.
Multi-million pound deal struck in row over Blake watercolours folio
14 February 2003A secondhand bookshop in Glasgow and two Yorkshire dealers are celebrating a windfall of several million pounds after settling their dispute over the ownership of a lost cache of William Blake watercolours. The folio of 19 illustrations for Robert Blair’s poem, The Grave, one of the most exciting “finds” in art market history, have been sold through London art dealer Libby Howie, acting on behalf of an anonymous collector, for an estimated £4.9m.