Sotheby's

Getting Sotheby’s Olympia’s (20/12% buyer’s premium) 288-lot April 2 sale of British and European Ceramics off to a brisk start was a well received section devoted to early Italian maiolica, Dutch Delft and other tin-glazed earthenwares.

A NUMBER of dealers and collectors have contacted the Antiques Trade Gazette about notifications they have received concerning the settlement of claims relating to the Sotheby’s and Christie’s collusion case.

A JUNE 3 New York court hearing will rule whether Sotheby’s and Christie’s should pay $40m compensation to clients who bought and sold at their auctions outside the US during the 1990s.

“AS extreme as always with focused bidding on the key lots,” was Victorian specialist Grant Ford’s frank description of the selective response to Sotheby’s (20/12% buyer’s premium) mid-season British Sale at Bond Street.

Provenance, Provenance Provenance, this was the key to the runaway success of Sotheby’s 539-lot, £1.66m sale of items formerly owned by the famous engineer James Watt and his son James Watt Junior that had been carefully passed down through his family.

The classic car market has received a twin injection of interest, with Sotheby’s seeming set to return to the fray and a new face entering the Olympia arena. H&H Classic Auctions of Warrington have established a global reputation with their sales at Buxton, in Derbyshire’s Peak District. Riding high on the success of a recent European record for a Mercedes Benz 300SL (£174,000), they are now looking to expand into London.

The Oriental glazes of the Midlands Arts and Crafts pottery known as Ruskinware have proved remarkably popular in the past year, as the disposal of the Wade collection at Sotheby’s and the Birkett Collection at Bonhams took prices in this market to unprecedented levels.

SOTHEBY’S have registered a 12 per cent rise in turnover on the fourth quarter of last year, but net losses for the year have climbed considerably thanks to extraordinary costs. Three quarters of these costs relate to anti-trust settlements.

Christie’s and Sotheby’s have each agreed to pay $20m (£13m) to clients who bought and sold antiques at auctions held outside America.

Decorative arts from 1870s Gothic Revival to 1960s Murano glass and everything in between is on offer at Sotheby’s Olympia this month. Their sizeable gathering of over 230 lots, which goes under the hammer on February 27, takes in examples of all the major design movements of the 20th century (and the latter end of the 19th): Art Nouveau, Arts & Crafts, Wiener Werkstätte, Deco and Modernism.

SOTHEBY’S have announced that they have given up trying to find a buyer for the controlling stake of disgraced former chairman A. Alfred Taubman.

SOTHEBY’S have started a new staff review and admit that further redundancies are likely.

The first furniture sale of the year at Sotheby’s Olympia (20/12% buyer’s premium) was a 272-lot gathering on January 14 which saw two-thirds of the contents change hands.

Sotheby’s have dramatically scaled back their ambitious but costly Internet operation, announcing an end to all separate online auctions by early May.

It was a definite case of first the bad news, then the good news at the February round of Impressionist, Modern and Contemporary sales in London. While Impressionist and Modern works failed to sparkle, there was a significant surge in interest for the Contemporary.

Luxury goods magnate Bernard Arnault finally abandoned his attempt to compete with Christie’s and Sotheby’s at the top end of the art market last week when he sold his remaining 27.5 per cent stake in troubled auction house Phillips to its joint chief executives Simon de Pury and Daniella Luxembourg.

There was little in the three series of 19th century sales held by Sotheby’s, Christie’s and Finarte-Semenzato in December to get excited about.

FILLED with nearly 200 dazzling images of battles, knights, damsels in distress, tournaments, and castles that represent the finest work of the Rouen illuminators of the early Renaissance and captures all the pageantry and drama of the Hundred Years’ War, the extraordinarily fresh illuminated manuscript of Froissart’s Chronicles that sold for £2.75m at Sotheby’s on December 3 must have been the finest and most profusely illustrated manuscript of that famous work ever made.

A 1467 second edition of the second part of Thomas Aquinas’ Summa theologiae, a massive treatise on moral rather than dogmatic theology that stands as an independent work, was one of the earlier printed highlights of a $4.69m (£2.97m) sale held by Sotheby’s New York on December 13, and once again it was one of a number of lots making a rapid return to the rooms.

Contemporary Decorative Arts, Sotheby’s annual showcase for new craft and design, gets underway for its seventh successive showing next month. For a week from February 13-21, the Bond Street rooms will be given over to the latest in furniture, lighting, ceramics, jewellery, glass, silver and textiles by over 50 designers from round the world, all for sale.