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Art and antiques news from 2004
In 2004 Nicholas Bonham left Bonhams. It was the first time there was no family member on the board in the firm's history.
A blaze at Momart's London warehouse destroyed about £40 million of art including important contemporary and Modern pictures.
A crowd of more than 800 people in the saleroom watched as Young Lady Seated at the Virginals, a newly acknowledged work by Johannes Vermeer, sold at Sotheby's for £14.5 million.
Leaving the best furniture until last
22 December 2004The two best-selling pieces of furniture offered outside London in 2004 were sold during one of the very first and one of the last sales of the year.
Accidental email loop
22 December 2004The ATG and many of the UK’s fine art auctioneers have fallen victim to a computer bug that has hit many firms in recent months.
Sotheby’s to change premium thresholds
22 December 2004Sotheby’s are to change the thresholds of their buyer’s premium structure from January 1, 2005.
Bonhams raise the stakes over client services
22 December 2004FROM January 1, Bonhams will cut the paying out time for UK clients from 35 days to 21. Chairman Robert Brooks aims to cut the payment time further to 14 days and eventually to extend the policy worldwide.
Clive of India flask remains in UK – law change suggested
22 December 2004A LEADING figure in the world of heritage is calling for a change in the export licence rules – after the decision to keep a valuable work of art in the UK.
New rules open up pensions as a source for art investment
15 December 2004THERE is growing speculation in the trade that the government’s reform of the pension industry is likely to have a significant effect on the art and antiques market.
Taking a pricey ticket to obscurity
15 December 2004Attracting some welcome national publicity for Swindon book specialists Dominic Winter (15% buyer’s premium) on November 11, was the remarkable performance of a group of early railway tickets consigned for sale by the widow of a Gloucestershire collector.
Fine mantel clocks add to reputation of West Country
15 December 2004By Kate Hunt WHILE large dispersals of clocks have always been rarities outside of the major London rooms, the West Country is becoming a new spot on the dial. Like Bath-based Gardiner Houlgate (see last week’s ATG), the auctioneers formerly known as The Bristol Auction Galleries, who now operate under the Dreweatt Neate banner, have built a good private as well as a trade following for the triannual specialist clock sections included in their antique sales.
Email hiccup
15 December 2004APOLOGIES to any recipients of an email sent out from ATG last week that caused problems.
Russian connection is key to tea caddy topping sale at £7000
15 December 2004BK Art & Antiques, Gloucester, November 11Buyer’s premium: 15 per cent
Coys experts go it alone
15 December 2004TRANSPORT Collector Auctions is the name of a new specialist auction house that has opened in Richmond, Surrey. The limited company, run by the two former automobilia specialists at Coys, has its first sale at Brooklands on February 12, 2005.
CSK win ATG pub quiz
15 December 2004Hosted by ATG at the City Flogger in the City of London, the event brought together 20 teams from all areas of the art and antiques world for a light-hearted charity event which nevertheless caused some serious head-scratching.
Tajan heads for Brussels
15 December 2004Paris auctioneer Jacques Tajan is severing his links with Tajan SA, the firm he founded in 1994, and setting up an art consultancy firm in Brussels, where he has already acquired 1000sqm premises near Avenue Louise.
Consignment rate suggests a successful merger
15 December 2004Humberts, inc. Tayler & FletcherBourton-on-the-Water, October 26Buyer’s premium: 10 per cent
Interest-free loans to tempt millions of would-be art collectors
15 December 2004Arts Council England have launched Own Art, a new national interest-free loan scheme to encourage people to buy art.
Sir Isaac Newton and the trouble with transmutation…
15 December 2004The small group of Sir Isaac Newton’s manuscripts and papers offered by Sotheby’s New York on December 3 were not for the most part concerned with the work that will forever ensure his fame – although an autograph draft of a letter concerning the presentation of six copies of the 1726, third edition of the Principia to the Académie Royale des Sciences sold at $28,000 (£14,560).
£17m cabinet record
14 December 2004Breaking its own record as the most expensive piece of furniture ever sold at auction, this massive, 12ft 8in (3.86m) high, 18th century Florentine ebony, ormolu and pietra dura architectural display piece known as The Badminton Cabinet brought Christie’s December 9 sale of European furniture to a dramatic climax last week when it sold for £17m (£19,045,250 including premium).
Beswick prices keep moving on up
11 December 2004Pick up a copy of a Beswick price guide from the late 1990s and it will tell you that the Galloway Bull, designed by Arthur Gredington, was made in three versions.
Troika adds gloss to Stonepark sale
11 December 2004Troika is known for two distinctly different styles – the rough textured wares of which the Cycladic masks are now the most celebrated and the scarcer Brancusi-style smooth monochromatic glazed wares that reveal a rather different aesthetic.
Big results for charities
09 December 2004PAUL VINEY of Salisbury auctioneers Woolley & Wallis helped to raise a massive sum for this year’s Children in Need Appeal by conducting an auction of promises on the Wake up with Wogan programme on Radio 2.