Art and antiques news from 2007

In 2007 Christie's and Sotheby's raised their buyer's premium to the once unthinkable level of 25% for lots under £10,000.

In May contemporary art sales totalled $868 million in New York and in June £220 million in London, three times the previous year's total.

After renewed pressure from LAPADA the Department of Transport finally approved an official road sign promoting antiques as a local attraction.

At €3.6m, the best early works of art can still arouse bidders’ passions

26 November 2007

Early works of art might be seen as something of a Cinderella area of the market, somewhat left behind when compared to contemporary and Asian art or even some other traditional fields.

Viney takes record charity bid at Wogan’s auction

26 November 2007

Woolley & Wallis still hold the record for any item sold at auction in the UK outside London. Now it looks like their chairman, Paul Viney, could also hold the record for the top price raised for a single lot at a charity auction.

Hobbs Parker say farewell

26 November 2007

Kent auctioneers Hobbs Parker are to close in the New Year. After more than 50 years selling antiques and fine art in Ashford, the parent company have chosen to close the division in the face of rising rent and external competition.

Antique tin sells at £13,000 with its original biscuits

26 November 2007

It was a headline writer’s dream: an 80-year-old William Crawford & Sons biscuit tin still with its original contents intact sold at auction for a massive £13,000 (plus 20 per cent buyer’s premium). Crumbs! Cookie tin brings a lot of dough (Reuters) was just one of a number of groaning puns.

Chilcott’s open an extra Honiton saleroom

26 November 2007

South West auctioneers Chilcotts are to open a second saleroom in Honiton.


LAPADA appoint former Olympia executive to run their London fair

19 November 2007

LAPADA have appointed Emma Kendrick-White, to be fair organiser for their London showcase Objects of Desire: The LAPADA London Fair, the third of which will be held at the Royal Academy, Burlington Gardens from May 8 to 11 next year.


Contemporary sales bring home the Bacon after a nasty shock

19 November 2007

Gagosian’s bid gives Sotheby’s new heart


Edinburgh auctioneers look to the future

19 November 2007

Bonhams have announced the appointment of a new managing director of Scotland and confirmed that new premises have been found in Edinburgh.

Brooks attacks guarantees and calls for auction reform

19 November 2007

Bonhams chairman Robert Brooks has issued a public statement taking a strong stand against the guarantee system following the November art sales in New York and London.

Machine that can reveal artworks’ secrets from afar

19 November 2007

THE latest development in imaging technology means that it may soon become much simpler and cheaper to analyse the paint layers of works of art.

Two January Armory fairs under threat

19 November 2007

Stella Show Management have said that Antiques at the Armory, the January 18-20 antiques show at the 69th Regiment Armory in New York City, will go ahead as planned.

Alert as street gang target dealers in Hatton Garden

19 November 2007

A gang of thieves are targeting dealers in Hatton Garden, using diversionary tactics to grab briefcases and bags.


Olympia gets off to a good start

19 November 2007

OLYMPIA’s Winter Fine Art & Antiques Fair, which closed on November 18 is the premier pre-Christmas fixture in London. This 15th annual staging proved no exception and, as usual, it got off to a strong start.


Selling Silver: Here’s How

17 November 2007

As one dealer put it: “The How name is a little insurance policy for the future.”


This is not a market wobble say Sotheby’s

12 November 2007

Aggressive estimates rather than a fallout from credit-market losses were responsible for the first ‘wobble’ in the international art market, say Sotheby’s.

Salander to go bankrupt

12 November 2007

Lawrence B. Salander, the embattled Manhattan art dealer, has filed for Chapter 11 personal bankruptcy protection citing debts of between $50m and $100m.

Gilbert Collection to leave Somerset House for V&A

12 November 2007

THE Gilbert Collection is to move from Somerset House on London’s Embankment to the Victoria and Albert Museum in South Kensington next year.

Four bailed over violent robbery of Lowrys

12 November 2007

FOUR men have been bailed until Ferbruary 25 next year following the police investigation into the theft of five L.S. Lowry paintings.


ATG Asian Art award winners

12 November 2007

There were winners all round as Asian Art In London celebrated its tenth anniversary with a gala party in the Hotung Gallery of the British Museum last Tuesday.


Edinburgh plans a feast of Scottish silver

12 November 2007

THE National Museum of Scotland have announced that they are to host the largest exhibition of Scottish silver ever seen.