News

PHILLIPS have announced that they are to merge with private treaty sale firm de Pury & Luxembourg, with Simon de Pury becoming chairman of the group and Daniella Luxembourg president.

NEW YORK: PIRACY on the High Seas may be among the most dastardly of criminal activities, but when you look back at the Spanish Main with all its swashbuckling and early Hollywood Fairbanks and Flynn connotations, it remains among the most stirring and romantic.

LONDON: SOTHEBY’S have signed a five-year lease to open a new 54,000 sq ft year-round saleroom at Olympia in west London from June next year. The first sale is expected to take place in September.

The British Hallmarking Council has ruled that the old Dealer’s Notice for those selling gold, silver or platinum, will cease to be valid from March 31 next year.

THE British Art Market Federation has expressed disappointment as the European Parliament is seeking to reverse special provisions for the UK concerning droit de suite, the artists’ resale levy.

A protracted telephone duel saw this striking early 17th century, Roman inlaid marble and hardstone table top go from a starting bid of £500,000 to a final price of £1,030,000 to top Sotheby’s Continental Furniture sale in London on December 13.

GERMANY: WITH an attendance of 70,000, there was certainly plenty of interest in the work at the 34th Art Cologne, one of the world’s leading fairs for modern and contemporary work which showcased 276 dealers from 21 countries in Cologne Exhibition Centre between November 5 and 12.