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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.
Celtic auction bonanza
08 January 2007Dublin and Edinburgh rooms all but double sales totals as Bonhams raise stakes in Scotland
Trail of the rogue bidder
03 January 2007Auctioneers owed thousands in spree that went on for years
Charterhouse add another saleroom
03 January 2007Charterhouse Auctioneers and Valuers have expanded their operations in Sherborne with the addition of an extra saleroom, and new heating and air conditioning in their main saleroom.
The power of the unknown Powell
03 January 2007A late 17th century English musical lantern clock with a musical movement closed the year in style at Moore Allen & Innocent of Norcote near Cirencester when it was bought by a private collector from the Midlands at £22,000 (plus 15 per cent buyer’s premium) on December 8.
Stunning tribute to a tragic teenager
03 January 2007Like needlework, letter writing and mastering the harpsichord, rolled paperwork or quillwork was deemed a suitable pursuit for a young lady of the 18th century.
Australian market abuzz as Deutscher splits from Menzies
03 January 2007THE end of 2006 sees the $160m Australian art and antiques auction market in a state of flux again. Chris Deutscher, one of the two main partners in the Menzies group, has announced his departure from the company. He intends to set up a rival firm by the new year.
Droit de Suite nets £1m in its first year
03 January 2007THE British art trade has paid out over £1m since Droit de Suite came into force at the start of the year. Despite some initial bureaucratic difficulties, the Artists’ Resale Right appears to have been implemented more smoothly in Britain than in other European countries.
New events start taking shape for the new year
02 January 2007“We've timed it just right, opening a new fair,” said Trevor Vallis of Wyefairs, who is adding to his portfolio of events in Kent this year.