Christie's

SCALE models of racing cars, and scratch-built models of engine components may not be typical stock for antique dealers but in a very special collectables niche market they enjoy a keen following as was clearly demonstrated by a sell-out sale, held at Christie’s South Kensington (17.5/10% buyer’s premium) last month.

MUCH of the saleroom activity in London over the past month has been of a fairly low key nature – routine sales of furnishings and objects. However, routine needn’t mean unsuccessful. Sales held at this traditionally thinly served period of the auction year can yield strong results, as customers home in on what little is around in the Capital. In the middle of the month, from January 13-15, Christie’s South Kensington held the first of their At Home weeks for 2004.

The pre-Christmas horological sales were lower key than those traditionally seen in the London rooms at this time of year. With the continuing problem of sourcing enough good material, few top names were on offer to tempt the serious collector, and the general mixed sales which resulted provided some good-value purchases for buyers further down the scale.

PARIS: A PLETHORA of picture sales in Paris in December yielded some unexpectedly high prices but an erratic overall response, with an average take-up (by lot) of around 60 per cent. Results were stronger for Old Masters than for Modern Art, while the presence of buyers from across Europe helped offset the absence of Americans, deterred by the weak dollar.

POSTERS provide instant wall power to any interior, and carefully chosen they can prove a most effective (and cost-effective) device in any decorating scheme. Look out for two interesting poster auctions next month on either side of the Atlantic.

Christie’s have become France’s leading auction house in terms of market share after posting 2003 Paris sales of €80.3m (£55m), a rise of 40 per cent on 2002.

Even if the buying power of Americans is not so much in evidence in Europe in some quarters these days, they appear much less reluctant to flex their financial muscles in their own back yard. This seems to be particularly true when it comes to decorative arts.

There was healthy competition for the most unusual or best quality entries in London’s December round of five toy sales at Christie’s South Kensington (17.5/10% buyer’s premium) and Bonhams Knightsbridge (17.5/10% buyer’s premium) and some of the highlights are pictured right.

The Continental Furniture sale at Sotheby’s Bond Street on December 10 proved something of a struggle, just like the furniture elements offered the following day by their King Street competitors. Only half the 241 lots got away, with demand focussed more than ever on the rarest top quality.

IN common with a number of recent Irish house sales, Christie’s/Hamilton Osborne King’s (19.5% buyer’s premium) November 25 on-the-premises sale of the contents of Lissadell House, Ballinfull, County Sligo, had more than a touch of controversy.

BY family tradition, this pair of steel handcuffs, right, were used to shackle Lissadell’s best known inhabitant, Constance Gore-Booth (then Countess Markievicz) shortly after her prominent role in the 1916 rebellion. Having fought with the insurgents, she was imprisoned as Dublin came under military rule and an effort was made to execute her for both treason and murder for her part in the action at The College of Surgeons, Saint Stephens Green.

A MATTER of days before the Christie's and Hamilton Osbourne King sale on 25 November, Lissadell House regained some of its most spectacular furnishings – although it probably cost Christie’s and HOK more than €200,000 (£140,000) in additional revenue.

TWO nations, two auctions, one plane. The French and English charity auctions of Concorde parts and memorabilia, held by Christie’s and Bonhams in Paris and London respectively, both attracted audiences of over 1000 and passed off as complete sell-outs, with no shortage of estimate-crushing prices for components and souvenirs from the now retired iconic aeroplane.

The object on which the keenest attention in the works of art world was focused this month was this 161/2in (42cm) diameter, 15th century parcel-gilt and silvered bronze roundel depicting Mars, Venus, Cupid and Vulcan.

While Sotheby’s incorporated their best objects of vertu into their silver sale on November 20, Christie’s offered theirs in tandem with portrait miniatures in a 264-lot sale the following month on December 9. The vertu side of the sale performed particularly well, with hardly any failures, most of the 55 unsold lots coming from the miniatures.

THE secret of great art is supposed to be not what’s put in, but what’s left out, but unfortunately the same doesn’t apply to art sales. The star lot of Christie’s (19.5/12% buyer’s premium) November 26 auction of Important British & Irish Art was meant to be this impressively decorative Sir Joshua Reynolds (1723-1792) portrait, right, of the celebrated exotic Georgian beauty, Mrs Baldwin.

Halphen’s array of pre-Colombian feather textiles from Peru dated back to 100AD. Such textiles continued to be made until the Spanish invasion, and were often used as currency by the Incas; the conquistadors, though, suspected them of having mystical powers, and destroyed them whenever they could.

François Linke 1855-1946: The Belle Epoque of French Furniture by Christopher Payne, published by the Antique Collectors’ Club. ISBN 1851494405 £75hb

Christie’s Rock and Roll Memorabilia by Peter Doggett and Sarah Hodgson, published by Pavilion Books/Chrysalis Books. ISBN 1862055386 £25hb

SILVER, VERTU AND RUSSIAN WORKS OF ART £1 = $1.67: Christie’s (19.5/12% buyer’s premium) New York silver department has reasons to be cheerful: their October 21 sale, which saw selling rates of 78 per cent by lot and 82 by value for a premium-inclusive total of $5.95m (£3.56m) was boosted further when New York dealers Shrubsole bought the magnificent Charles II silver-gilt toilet service once in the collection of J.P. Morgan for a low-estimate $450,000 (£269,460) after the sale.