Sotheby's

In August Sotheby’s will open a new regional office near Uttoxeter, Staffordshire, headed by Mark Newstead. The Staffordshire office will serve clients in Cheshire, Derbyshire, Staffordshire, Shropshire, Nottinghamshire and Leicestershire, as well as North Wales.

One of the highlights of the English porcelain section of Sotheby’s Olympia’s ceramics sale on July 3 will be a group of pieces from the celebrated Duke of Gloucester Service produced by the Worcester factory c.1775. The service is said to have been made for William Henry, Duke of Gloucester and Edinburgh and Earl of Connaught (1743-1805), younger brother of George III.

Coming up in London: Hidden for over 300 years behind the work of a pupil, this image of one of the world’s most celebrated painters at the age of 28 has only recently emerged from beneath layers of overpaint. This newly discovered Rembrandt self-portrait promises to be the highlight of this summer’s auction season in London and will be offered for sale at Sotheby’s on July 10.

The combination of a single-owner collection in a specialist niche corner of the market with a not over-large and mostly market-fresh selection of realistically estimated material were the keys to the warm reception that greeted Sotheby’s (20/12% buyer’s premium) sale of Scientific instruments in their Olympia rooms on May 28. All bar 15 of the 155 lots, just short of 90 per cent (92 per cent by value) changed hands for a total of £262,350.

Miety Heiden, Sotheby’s Amsterdam (22% buyer’s premium) picture specialist had a sneaking suspicion that Schelde Roeier, an oil on canvas by Belgian Expressionist Constant Permeke (1886-1952), would do well when it was offered in the 170-lot May 27 sale of Modern and Contemporary Art in the Dutch capital. But no-one was prepared for the record breaking sum.

Sotheby’s wait for a change of climate to see prices grow after statuary sale falters: Sotheby's specialist-in-charge of the Sussex garden statuary sales, Rupert van der Werff, believes the most reliable barometer for this area is the housing market. Certainly the well-publicised recession in that overheated area has had a hugely detrimental effect on statuary.

Included among the fountains, wellheads and lead figures at Sotheby’s Sussex on 20-21 May were 18 watering cans from the collection built up over 15 years by John Massey, a senior director of the famous Haws Watering Can Company for over 25 years.

AN ARRAY of elegant objects sold mostly within estimates at the Celebration of the English Country House auction at Sotheby’s New York (20/12% buyer’s premium) on April 30 and May 1.

Illustrated with 117 detailed watercolours, an account of the different species of Agaric mushrooms growing in the Vienna region, complete with notes on their suitability for eating, was one of two mycological manuscripts in the natural history section of the Sotheby’s sale of May 7 (19.5/10% buyer's premium).

IN the week that former chairman Alfred Taubman was finally released from jail, Sotheby’s announced first quarter total revenues of $47.6m, 4.8 per cent up on the same period last year.

THERE was a collective sigh of relief in the New York salerooms last week when, after a long period of uncertainty following the war in Iraq and turmoil in the stockmarkets, both Sotheby’s and Christie’s held impressive Part I Impressionist and Modern sales. Any fears that anti-French feeling would spill over in the salerooms proved unfounded after French artists took the top honours at both houses.

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.