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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.
Art Fund hands out £5m grants to fund galleries’ contemporary art collections
12 November 2007The Art Fund have announced the five £1m winners of Art Fund International, the scheme dedicated to building collections of international contemporary art at regional UK museums and galleries.
This is not a market wobble say Sotheby’s
12 November 2007Aggressive estimates rather than a fallout from credit-market losses were responsible for the first ‘wobble’ in the international art market, say Sotheby’s.
Four bailed over violent robbery of Lowrys
12 November 2007FOUR men have been bailed until Ferbruary 25 next year following the police investigation into the theft of five L.S. Lowry paintings.
Percival David collection moves to British Museum
12 November 2007A FUNDING crisis means the Percival David Foundation collection of Chinese ceramics will move from the University of London’s School of African and Oriental Studies (SOAS) to the British Museum.
Gilbert Collection to leave Somerset House for V&A
12 November 2007THE Gilbert Collection is to move from Somerset House on London’s Embankment to the Victoria and Albert Museum in South Kensington next year.
Edinburgh plans a feast of Scottish silver
12 November 2007THE National Museum of Scotland have announced that they are to host the largest exhibition of Scottish silver ever seen.
Weak dollar leads to US antiques gold rush online
05 November 2007Auction houses and antiques malls in the United States are reporting a surge in overseas buying on the internet thanks to the weak dollar.
Bearne’s forced to withdraw Byron lots
05 November 2007BEARNE’S have been forced to withdraw a large number of lots relating to Lord Byron from their November 7 sale.
Dandois and Steinitz light up New York
05 November 2007When the last of the 823 lots in the sale of the contents Ariane Dandois’ Gallery on the Faubourg St Honoré in Paris was hammered down by Sotheby’s on October 26, it provided a $32.2m (£16.9m) grand finale to a month of sales devoted to traditional areas of the decorative arts in New York.
Betjeman at Bonhams
05 November 2007PREVIOUSLY unpublished letters from the poet John Betjeman are to form part of the setting for a travelling display of early 20th century jewellery designer Helen Holmes at Bonhams.
Arthur James to move out of Delray Beach
05 November 2007Leading Florida auction business Arthur James Galleries of Delray Beach is for sale.
NY Asia Week: downtown fair moves upmarket
05 November 2007DATE changes for Arts of Pacific Asia at the 69th Regiment Armory on Lexington Avenue mean the event effectively launches the 2008 New York Spring Asia Week.
Now bank reveals $40m claim against Salander-O’Reilly
05 November 2007A private San Francisco bank has emerged as one of the largest creditors of Salander-O’Reilly Galleries.
Cantering condiments at £7800
05 November 2007The descendants of James Thursby Pelham, a renowned early 20th century collector who was advised by R. W. Symonds, are in the process of selling some fine English furniture.
Triggering tantalising tales
05 November 2007Two different pistols with very different stories sold at provincial auctions in the UK in October.
Clarice Cliff collectors protest against premium hike
29 October 2007Collectors of Clarice Cliff have voiced their opposition to increased auctioneers’ charges with some refusing to attend Christie’s latest sale of the popular Art Deco pottery.
Fellows set their sights on London
29 October 2007Fellows & Sons, the Birmingham-based auctioneers and valuers, are to expand their operation to London and have appointed Richard Slater to spearhead the initiative.
Sotheby’s up the stakes in Paris
29 October 2007Sotheby’s have posted their highest price in Paris since the French auction market was opened to foreign firms in 2001.
French Auction Weekend 2007
29 October 2007FRENCH auctioneers are to hold their next open weekend of events on November 17-18.
Seafair back in dock – but afloat
29 October 2007SEAFAIR has postponed its second leg on America’s Eastern seaboard and returned to Florida to address mechanical issues encountered on the maiden voyage.