Auctioneers

The auction process is a key part of the secondary art and antiques market.

Firms of auctioneers usually specialise in a number of fields such as jewellery, ceramics, paintings, Asian art or coins but many also hold general sales where the goods available are not defined by a particular genre and are usually lower in value.

Auctioneers often provide other services such as probate and insurance valuations.

New York art sales beef up the market

11 November 2002

OF the three new world auction records taken at Christie’s Rockefeller Center saleroom on the evening of November 6, two of them were for pieces of sculpture. This follows on from Christie’s success in the May Impressionist and Modern sales, their best – as Sotheby’s were for them – for some time, when Constantin Brancusi’s 1913 bronze Danaïde took $16.5m (£11.6m), the highest price for any piece of sculpture sold at auction.

Tally ho!

07 November 2002

The imminent sale at Bloomsbury Book Auctions this Thursday (November 7) will feature a late 15th century French illustrated manuscript of the most important treatise on hunting of the Middle Ages, shown right. Gaston Phébus’ Livre de la Chasse and Livre de l’Ordre de Chevallerie, illuminated manuscript on paper, bound in 17th-century calf, in modern morocco-backed cloth case is estimated at £250,000-300,000.

No flight of fancy

07 November 2002

In May 1919 New Yorker Raymond Orteig offered a $25,000 prize for the first non-stop aeroplane flight from New York to Paris. In the ensuing eight years dozens of people managed to cross the Atlantic Ocean by air, but no one met Orteig’s criteria until eight years later when on May 20-21, 1927 Charles A. Lindbergh made the longest non-stop, heavier-than-air transatlantic flight in his plane, the Spirit of St Louis.

Manguin lifts the lot of Modern

07 November 2002

GIVEN the fiscal disadvantages involved, Christie’s and Sotheby’s won’t usually be looking to Paris as a venue for sales of Modern art, but Christie’s (buyer’s premium 20.93%) had a modest French Collection of Post-Impressionist & Modern Paintings and Drawings on offer on September 28 that fared well enough, with 40 lots from 43 sold for a hammer total of €1.04m (£650,000) with seven per cent bought in by lot and just two per cent by value.

Sotheby’s former Olympia chief aims for top Down Under

05 November 2002

PAUL Sumner, brought in as managing director to launch Sotheby’s Olympia last year, has announced his aim to make Lawson-Menzies the top auction house in Australia within two years.

US price-fixing compensation can go ahead say courts

05 November 2002

EC fine Sotheby’s £13m – Christie’s escape penalty: THE US courts have given the go-ahead for compensation settlements to be paid in Sotheby’s and Christie’s $512m price fixing case. The green light came last week after the 90-day appeal period set by the US Supreme Court expired with no challenge to the ruling.

William Morris wallpaper designs

05 November 2002

Edinburgh’s Royal College of Surgeons was the venue on the evening of October 29 for the sale by Thomson, Roddick and Medcalf of four important and original wallpaper designs by William Morris (1834-1896).

Pleased to do their duty by Nelson

30 October 2002

Few historic characters are guaranteed to generate more interest than the one-armed, one-eyed figure of Britain’s most celebrated admiral, Lord Nelson. Sotheby’s (19.5/10% buyer’s premium), Bond Street, 93-lot auction of Nelson memorabilia from the Alexander Davison collection sold on Trafalgar Day (October 21) to a room so packed that buyers had to spill over into an adjacent gallery.

Horse head with everything in its favour sees bidding gallop ahead

30 October 2002

The second-eleven sale that followed on from Christie’s main Islamic auction, was held in their South Kensington rooms on October 18, with 324 of its 417 lots changing hands, and saw the highest take-up of all the sales in this autumn’s series.

Oh what a beautiful mourning

30 October 2002

The fastest growing area of the jewellery market, mourning apparel has become “hot property in the past 12 months”, says Jethro Marles of Bearne’s. Pointedly excepting the sort of heavy black jewellery produced in large quantities during the post-Albert period, he says that the material that has doubled in value over the past year is the earlier, more delicate mourning jewellery of the sort shown right.

Extensive buying base may store up trouble

30 October 2002

The COINEX week of sales was kicked off by Dix Noonan Webb with a 1928-lot sale on a long October 8. This marathon took ten hours to disperse, making a total of £483,639; this, exults Chris Webb, was their best ever sale.

Bligh relics acquired by National Maritime Museum, but it is not all plain sailing and there were other…

30 October 2002

Pick of the Bligh relics sold at Christies King Street last month was the cup that he used to hold his meagre rations of bread and water, a coconut shell that bears his incised initials, the date April 1789 and, inscribed in ink around the rim, the words “The Cup I eat my miserable allowance of”.

Hepworth doubles hopes

23 October 2002

Over the last 10 to 15 years, the market has undergone a slow but steady shift towards 20th century painting in particular the Post-War abstraction of the St Ives school whose geometric shapes and pure blocks of colour are wholly in tune with contemporary tastes.

The cat that got the crème de cacao

23 October 2002

Glittering personalities from the world of arts, they were the toast of Paris in the late 1960s. Capote and Sagan, Karajan and Nureyev, Callas and Saint-Laurent – their presence at soirées was coveted by the self-regarding hostesses across town, but they all paid homage to the ultimate hostess trolley when they arrived for dinner at 10 rue de Dragon.

Adam Revival occasional tables sell for £22,000 each

22 October 2002

The firm of Wright & Mansfield (1860-86) are often cited as the instigators of the Georgian Revival and, unlike many of their contemporaries who produced Victorian pastiches of earlier styles, are renowned for their craftsmanship, using high quality materials for accurate recreations of the Adam and Sheraton style – often difficult to distinguish from the 18th century originals.

Berlin sees second cool reception

22 October 2002

In the same week that their South Kensington rooms offered the first instalments from Margaret Cadman’s mammoth collection Christie’s King Street (19.5/10% buyer’s premium) rooms were busy selling the second part of the Dr KH Wadsack Collection of Berlin porcelain.

Duke’s uniform success

22 October 2002

This full dress uniform of an officer from the Duke of Wellington’s West Riding regiment, right, was an important diversion from the main proceedings at Duke’s auction in Dorchester. Under normal circumstances this would have been a standard lot of textile militaria for the trade, but this uniform actually belonged to the sixth Duke of Wellington and had passed by descent to the vendor.

The History of Quantum Theory and the Theory of Relativity

17 October 2002

On October 4, Christie’s New York sold the Harvey Plotnick Library on ‘The History of Quantum Physics and the Theory of Relativity’ for a premium-inclusive total of $1.78m (£1.15m).

Nelson’s crest on a farewell wave

17 October 2002

Shot by a sniper when aboard HMS Victory at the crowning moment of his career, Admiral Lord Nelson is without doubt Britain’s finest maritime hero. When news of his death, after triumping at the Battle of Trafalgar, reached London George III made the decision to break with tradition and give Nelson a state funeral.

Cattle market proves ‘bullish’

15 October 2002

THERE were cows aplenty, but only one beef, at Sotheby’s Olympia on Thursday night, when 60 bovine belles did their bit for charity. The high-profile heifers, whom you may have seen grazing the streets of London through the summer, were the first tranche of the Cow Parade sale – another 90 are due to be offered soon on the Internet.

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