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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.
Christie’s take the laurels at trade quiz
26 November 2007Upwards of 150 people crammed into the top floor of The Texas Embassy restaurant off Pall Mall in London last week for the fourth annual Antiques Trade Pub Quiz.
Chilcott’s open an extra Honiton saleroom
26 November 2007South West auctioneers Chilcotts are to open a second saleroom in Honiton.
No special deal to save Camden Passage antiques
26 November 2007Islington Council say they have no powers to keep out clone stores
At €3.6m, the best early works of art can still arouse bidders’ passions
26 November 2007Early 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.
Football match raises £10,600
26 November 2007THE 2007 Dealers Vs Auctioneers charity football match raised more than £10,600 in aid of Breast Cancer Haven.
Alert as street gang target dealers in Hatton Garden
19 November 2007A gang of thieves are targeting dealers in Hatton Garden, using diversionary tactics to grab briefcases and bags.
Edinburgh auctioneers look to the future
19 November 2007Bonhams 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 2007Bonhams 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.
Contemporary sales bring home the Bacon after a nasty shock
19 November 2007Gagosian’s bid gives Sotheby’s new heart
LAPADA appoint former Olympia executive to run their London fair
19 November 2007LAPADA 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.
Machine that can reveal artworks’ secrets from afar
19 November 2007THE latest development in imaging technology means that it may soon become much simpler and cheaper to analyse the paint layers of works of art.
Olympia gets off to a good start
19 November 2007OLYMPIA’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.
Two January Armory fairs under threat
19 November 2007Stella 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.
Selling Silver: Here’s How
17 November 2007As one dealer put it: “The How name is a little insurance policy for the future.”
Salander to go bankrupt
12 November 2007Lawrence B. Salander, the embattled Manhattan art dealer, has filed for Chapter 11 personal bankruptcy protection citing debts of between $50m and $100m.
Gibson’s final address
12 November 2007Anyone who picked up Sotheby’s latest Chinese catalogue for their November 7 sale in London could not have failed to notice the stunning blue and white Qianlong moonflask on the catalogue cover, the piece that topped the sale when it sold for £2.5m.
Making a splash at £74,000
12 November 2007THE first book on swimming printed in England was Everard Digby’s De arte natandi of 1587.
ATG Asian Art award winners
12 November 2007There 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.
Mullocks Wells to close
12 November 2007North west Essex auctioneers Mullocks Wells are to close by the end of the year. Their Monday, November 19 sale of fine art and antiques will go ahead as planned but is likely to be the last at the Dunmow Sale and Auction Rooms.
Future of Frink archive in doubt
12 November 2007THE closure of Sherborne House in Dorset leaves a question mark over the future of the Elizabeth Frink Archive, the premier assemblage of the sculptor’s work.