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Art and antiques news from 2008

In September 2008 Sotheby's much-hyped sale of works by Damien Hirst was a runaway success amid the general gloom, taking £100 million.

After 37 years on traditional newsprint, Antiques Trade Gazette became full-colour gloss.

Dealer Agnews sold its historic Bond Street premises, Elaine Dean retired after 25 years as secretary general of BADA and Christie's South Kensington introduced interiors sales aimed at the retail market.

Government urges caution on resale right

14 July 2008

The Government confirmed last week that it is not currently in favour of extending the artists’ resale rights scheme from 2010 to include the heirs of artists.

Low-end lots are suffering say UK auctioneers

14 July 2008

The second quarterly survey conducted by the Royal Institute of Chartered Surveyors made gloomy reading for those engaged in the trade of traditional art and antiques.

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Rediscoveries light up Old Masters series

14 July 2008

A rediscovered painting by Jean-Antoine Watteau (1684-1721) was the toast of the Old Master auction series in London last week. Missing for almost 200 years and presumed to have been destroyed, La Surprise was offered at Christie’s evening sale on July 8.

Cato apologises after TV mistake at Olympia fair

14 July 2008

AT their Council meeting last week the British Antique Dealers Association decided on no further action regarding complaints by some members that well-known Kent dealer and fellow member Lennox Cato was fitted with a microphone while carrying out vetting duties at last month's Olympia International Art & Antiques Fair.

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Found in a UK country auction – the £180,000 note

14 July 2008

This $1000 Straits Settlement bill was described by Spink specialist Barnaby Faull as “the holy grail of Asian Pacific banknotes” after it had sold for Sin$420,000 (£180,000) plus buyer’s premium in Singapore on July 5.

Currency exchange benefits dealers

14 July 2008

LAPADA are have recently introduced a new benefit to members in the form of a personalised currency-exchange service offering more favourable rates and transaction charges than are generally available through banks.

Somerset saleroom merger ends after year

14 July 2008

After working together for more than a year, Somerset auctioneers Lawrences and Greenslade Taylor Hunt have decided to bring their partnership to an end. It does not, however, signal the end of regular sales in Taunton.

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Hybrid sideboard makes £17,600 on the Isle of Man

14 July 2008

Given that Mackay Hugh Baillie Scott (1865-1945) completed his education and first major commissions on the Isle of Man it is no surprise Manx country is the repository of much work by the Arts and Crafts pioneer. However, few pieces tell a story like the inlaid 'Baillie Scott' sideboard offered for sale by Douglas auctioneers Murrays (incorporating Chrystals) on June 27.

EBay Australia drop case for PayPal exclusivity

14 July 2008

EBAY Australia have decided to drop the case for PayPal exclusivity ahead of a decision on the matter fro the Australian Competition and Consumer Commission.

French online stolen database

14 July 2008

A FRENCH company has launched a new online stolen art database which allows victims of theft to offer rewards directly.

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Contemporary values rise as London series sets record

07 July 2008

LONDON’S latest contemporary art sales saw vast sums of money continuing to be channelled into top-end post-War art as prices and confidence in the market remained high.

Top furniture dealers bow out together

07 July 2008

HOTSPUR and Jeremy, two of London’s long-established top antiques dealerships, are to cease trading later this year and hold a joint sale of their stock at Christie’s.

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Golden Age clock set to be record breaker

07 July 2008

Is this the finest clock to be sold in England this year? The Isle of Wight auctioneers who will offer it for sale next month believe it is. It will be offered for sale by Island Auction Rooms (formerly Shanklin Auction Rooms) at their annual antiques sale timed to coincide with the influx of boating enthusiasts for Cowes Week on August 7.

EBay to appeal against French court order

07 July 2008

EBAY have vowed to fight a new French court ruling that effectively makes them responsible for what is sold on their site. In effect, the ruling could mean them having to vet items before they are offered, rather than removing offending objects once they have been alerted to them.

Jewellery theft similar to those at Hatton Garden

07 July 2008

A DEALER had £50,000 of jewellery stolen when his car was broken into after he returned from a fair in Birmingham. Thieves used the same modus operandi employed in previous thefts at Coinex and in Hatton Garden.

Van dealers in Portobello given notice

07 July 2008

A NUMBER of dealers are having to leave The Van Arcade in Portobello Road after the owners issued a two-month notice to quit.

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Beryl remembered with a record

07 July 2008

If Bonhams' July 2 sale of 20th century British art is anything to go by, demand for the humorous art of Beryl Cook (1926-2008) has strengthened since she died in May.

Lawyer alerts industry to unwitting bribe risk

07 July 2008

AUCTIONEERS at the latest Society of Fine Art Auctioneers and Valuers (SOFAA) seminar were visibly shocked as they learnt how easy it is to become an unwitting party to a bribe.

LAPADA expand trade forums

07 July 2008

LAPADA, the Art and Antique Dealers Association, have announced a new forum with the West of England Antique Dealers Association (WEADA) – their sixth such arrangement.

Swiss saleroom marks anniversary with London show

07 July 2008

Swiss auctioneers Koller, who are celebrating 50 years of auctioneering with Jubiliee sales this September, are holding a two-day exhibition of highlights this week on July 9 and 10.