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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.
Wine and candleglow begin to stir bidders in long subdued market
08 May 2003LOOKING back on spring to see what green shoots of recovery might be discernible, a rather unexpected contender for the category turns out to be silver. Obviously, silver starts any recovery from a pretty low and long-standing trough but some of the results round the country certainly indicated that there was more than just auctioneers’ wishful thinking behind the optimistic comments.
Claret lives up to dealer’s high hopes
08 May 2003THE move towards better prices for silver took Cumbrian auctioneers Penrith Farmers' & Kidd's rather by surprise at their 1125-lot quarterly catalogue sale on March 26 (15% buyer's premium inc. VAT) – although it was a wine-related item which did the honours and these do have their own buoyant market.
The King rediscovers his head at Canterbury
08 May 2003MOST numismatic material when offered at auction comes up in London. Sometimes this is not the case and then frequently a better-than-usual price is achieved.
Bidders enjoy moonlighting as big hitters stay at home
08 May 2003THANKS to intense internicine competition between major London dealers such as Richard Green and David Mason in recent years, the once-maligned name of Atkinson Grimshaw (1836-1839) has become a byword for high prices at UK art sales.
From £280 to £20,000… a print for every pocket
08 May 2003ALTHOUGH the London Original Print Fair has finished its four-day run on April 27, there remain a number of enticing events for print aficionados.
Sticks return to rare spot in the limelight
08 May 2003IT’S been a long time since any auctioneer chose to illustrate his catalogue front cover with an array of silver candlesticks but this was the rather heartening decision by The Bristol Auction Rooms for their April 8 sale (12.77% buyer's premium inc. VAT) and their enlightened, so to speak, move was rewarded when all the lots, from George IV to 1967, sold within or above the admittedly modest three-figure expectations.
Designs with a far broader appeal
08 May 2003PARIS expert Alain Weil must be a busy man as he was also the expert for Pierre Bergé & Associés general sale on April 3 that included a 76-lot section devoted to médailles artistique, to use the French expression.
Private Scottish investors push up picture prices
08 May 2003ALTERNATIVE investment might be too strong a word for it, but the current desperate state of returns in the stock market and other investment areas does seem to be having a positive effect at art sales, at least in Scotland.
Proof that some silver does do well
08 May 2003WHILST it is widely acknowledged that the antiques trade is currently suffering a significant downturn, the silver market has been in the doldrums for much longer.
Islamic sales remain steady in wake of war
08 May 2003THE war in Iraq does not appear to have had any obvious effect on the latest series of lslamic sales, held in London last week. There was still an international turnout for the three main auctions of Islamic works of art and, in a field usually characterised by selective buying, the selling rates were not especially different, with a take-up in lot terms ranging from just over half the content at Bonhams and Christie’s King Street to just over two thirds at Sotheby’s.
Antiquities Bill wins Government backing
06 May 2003Potential impact on legal trade still not clear: Culture Secretary Tessa Jowell has set out a five-point plan for the future protection of cultural objects in the light of the looting in Iraq. Central to the plan is the adoption of MP Richard Allan’s Private Member’s Bill, which failed to proceed in parliament earlier this year.
Carlisle rooms restored to Victorian splendour
06 May 2003WORK has started on restoring the Victorian listed building occupied by Cumbria Auction Rooms, in Lowther Street, Carlisle to its former glory. H&H King, the Fine Art, Antiques and Furniture division of the H&H Group, will temporarily be conducting auctions from the old Furniture Hall at Borderway Mart, Rosehill, Carlisle, during the month-long first phase of refurbishment, due to end in the third week of May.
Deydier re-elected
06 May 2003Christian Deydier was re-elected President of France's Syndicat National des Antiquaires in Paris on April 30. The feistily flamboyant Deydier has vowed to “continue to adopt a dynamic and innovative approach” towards “developing the profession and defending its interests”, notably with regard to Unidroit and import VAT.
Offer of 20pc off antiques
06 May 2003HAMPSHIRE dealers Millers Antiques offer a 20 per cent discount on all stock at their Open Weekend to be held at Netherbrook House, 86 Christchurch Road, Ringwood from May 9 to 12.
NAVA date set for Friday
06 May 2003THE National Association of Valuers and Auctioneers hold their Spring meeting at the Southampton Institute this Friday, May 9.
SARS hits trade in platinum
06 May 2003THE SARS virus has caused a slump in the price of jewellers’ platinum as the Far Eastern jewellery trade effectively goes into quarantine. While silver seems stable and the price of gold has actually risen slightly, platinum has plummeted 39p per gram over the past week, from £10.04 to £9.65.
Pimlico Road dealers graft theme week onto Chelsea
06 May 2003ANTIQUE dealers and interior designers are to the fore in the second annual Pimlico Road Garden Week which will be held from May 19 to 24 to coincide with the nearby Chelsea Flower Show.
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.
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.
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.