Sotheby's

Greater levels of trade and private interest in what were fairly routine silver outings at Christie’s South Kensington and Bonhams Knightsbridge on September 9 gave specialists at both houses cause for optimism.

Sotheby’s will sell the contents of Fawley House, Fawley, near Henley-on-Thames, Oxfordshire on October 14-15. Their vendor, David McAlpine of the construction dynasty, has collected for 30 years.

Modern British’s reputation as the market of the moment was underlined at Sotheby’s Olympia (20/12% buyer’s premium) on September 10 when the trade had their last major opportunity to buy stock before the 20/21 British Art Fair.

Fashionably-clad women queuing to try on the new season’s must-haves is a common enough sight in any high street clothes shop, but in the late 18th century men gave as much thought to their appearance as the fairer sex.

Laure de Beauvau-Craon has announced that she will step down as chief executive of Sotheby’s France at the end of the year. She has held the post since 1991 and will be remembered for successfully lobbying the European Commission to bring about the abolition of the domestic auction monopoly of France’s commissaires-priseurs.

Representatives of a US company trading in class action certificates are coming to London to meet UK recipients of vouchers relating to the Sotheby’s/Christie’s price-fixing settlement in the USA.

The Stuart Sutcliffe archive received a lukewarm reception at Bonhams Knightsbridge, but Sotheby’s Olympia (20/12% buyer’s premium) are hoping a stamp design by his famous art college friend, John Lennon, will generate more frenzied bidding in their 201-lot Rock ’n’ Roll and Film Memorabilia sale on September 24.

THE company appointed to administer the Sotheby’s/Christie’s price fixing settlement in Europe have apologised for the error on the compensation claim forms which has delayed the process. The Garden City Group, who sent out the forms last month, transcribed the compensation amounts in dollars rather than pounds sterling. The amounts were listed in the section of the form titled Pre-Printed Transactions Supplied by Christie’s and Sotheby’s.

Sotheby’s have acquired the inventory and reference library of H.P. Kraus, the venerable New York dealers in books and manuscripts, which they will sell in a series of auctions this autumn.

A BASIC clerical error seems certain to delay compensation payments linked to the Sotheby’s/Christie’s price fixing settlement, it has emerged. At least in some cases, the figures quoted in forms sent out notifying claimants of their entitlements have been transcribed in dollars rather than in sterling.

Last summer Sotheby’s took a bid of £36,000 on a copy of the 1937 first edition of The Hobbit inscribed in October of that year to Tolkien’s Aunt Jane; this summer they raised £40,000 for a copy that he had inscribed at the time of publication.

Decorator’s home supplies the demands of today now good looks outrank authentic age: WITH a hammer total of well over £1 million and a 98 per cent selling rate, the on-the-premises contents sale at Wormington Manor, Worcestershire, notched up the sort of figures in the grand tradition of such Sotheby’s events, but in fact it was in many ways much more representative of current trends than past glories.

A small selection of striking and dramatic bookbindings by Philip Smith offered at Sotheby’s as part of their July 10 English Literature & History sale was not a complete success. In fact, five of the six lots failed to sell, but the most important of them, catalogued as “the greatest and most celebrated postwar English bookbinding” brought a bid of £130,000 from a collector.

HONG KONG ASIAN SALES : When SARS broke out in Asia earlier this year, Sotheby’s decided to hold their Asian auction series in Hong Kong as planned in April, but Christie’s postponed their Hong Kong sales until early July. Sotheby’s may not have registered the same levels of Western interest in their two fine Chinese sales on April 27 (the combined 281 lots totalled a premium-inclusive HK$106,481,440), but like Christie’s, they reported increased mainland Chinese buying.

Dealers are always complaining that, thanks to the Internet and the trade Press, there are no sleepers any more. But a seriously interesting group of pictures appears to have slipped through the trawl nets of specialist London dealers, leaving a local West Country trader with what may turn out to be a canny buy.

THE Iraq war and the SARS epidemic hit Sotheby’s consignments and sales in the second quarter of this year, with total revenues down $8m on the same period last year.

Although it was the clock section that provided the lion’s share of the money generated by Sotheby’s Olympia’s June 19 horological sale (largely thanks to their £800,000 Tompion), the bulk of the content was provided by wrist and pocket watches. Offered in a separate afternoon session, they accounted for 264 of the 395 lots.

The resurgence of interest from Asian buyers in quality transitional blue and white sleeve vases was seen at Sotheby’s (22% buyer’s premium) in Amsterdam, when this finely painted example, right, illustrating boys presenting gifts to a number of scholars, topped the 243-lot Asian sale on May 21.

Totalling £533,120, the Wingfield Digby collection of Chinese and Japanese porcelain offered at Sotheby’s Olympia (20/12% buyer’s premium) on June 12 may not have been the highest grossing sale of the London Asian series but it fielded the fewest casualties and was full of the type of fresh-to-the-market provenanced material at low estimates which the trade crave.

On July 21 and 22, Sotheby’s will be holding a house contents sale at Wormington Manor near Broadway. This was the Worcestershire home of interior decorator, Christopher Rowley whose shop in Lower Sloane Street, Belgravia was a familiar meeting point for his large circle of friends and clients until his death in April this year.