Sotheby's

Russian Works of Art: ALTHOUGH like the silver sale that preceded it, the buying mood was selective for the 343 lots of Russian works of art offered by Sotheby’s Olympia on November 21, it still totalled a respectable £684,000 for the 215 lots that changed hands.

The name Stanley J. Seeger will be familiar to many art collectors and auction goers for there have already been no fewer than five auctions of his works of art and pictures since 1993, ranging from 88 works by Picasso sold in New York to Contemporary art in Milan and 18th-20th century British pictures in London.

The market for high-value Victorian pictures took a downturn last week when Christie’s and Sotheby’s Important British Picture sales posted some worryingly high levels of bought-ins.

The upside of Asian art in London is that the volume of sales pulls in all the Asian and international buyers. The downside of this concentration is that scheduling without overlap is difficult and buyers inevitably pick their way through all those goods selectively. Christie’s South Kensington, who fielded a marathon 600-plus lot Chinese auction on November 14, felt both effects.

A private collection of Wood family Staffordshire pearlware figures was the main focus of a sale of British ceramics held by Sotheby’s Olympia on November 19.

Korean Art: IT was the half dozen pieces of Korean works of art that rounded off the Japanese sale at Sotheby’s Olympia rooms on November 11 that provided the auctioneers with their sale highpoint in the form of this painting by Park Sookeun (1914-65), one the country’s most sought-after artists.

The results of Hong Kong’s October Asian series underscored the increasing polarity in this market in which there seems no limit to collectors’ and dealers’ insatiable desire for the best Qing dynasty mark and period porcelain or quality Chinese works with good provenance, but little interest in more standard Oriental fare.

Sotheby’s and Christie’s October sales of 19th Century European Art in New York told, or at least seemed to tell, very different stories of the current state of the market for high value Orientalist and genre painting.

Egyptian material is the current antiquities favourite, especially Egyptian sculpture, so perhaps it was no surprise to see just such a piece top Sotheby’s November 6 sale of antiquities from the Charterhouse collection.

There were no massed ranks of Prussian royal silver on offer at Sotheby’s Olympia (17.5/10% per cent buyer’s premium) on October 24. On offer here was a good 350-lot commercial mix of English and Continental fare from a variety of sources which netted £310,000.

Antiquities dealers could find their trade in legally exported artefacts threatened despite due diligence if the Egyptian government succeeds in reversing Sotheby’s sale of a granite bust of Ramses II.

UK: SOTHEBY’S have denied reported claims by a gang caught in possession of stolen antiques that they had an insider working at the auction house. The theft was highlighted after the arrests of four Romanians and one Kosovan last week during a police sting to uncover an alleged plot to kidnap the celebrity Victoria Beckham.

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.

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.

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.

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.

Sotheby’s break mould in bid to lure Germans: A little piece of history was made on October 8 and 9 when Sotheby’s four-part dispersal of the Beck Collection of 20th Century German and Austrian art became the first major sale ever to be conducted in euros in a London auction room.

After the spectacular HK$37m (£3,394,495) price bid for the Yongzheng (1723-35) peach vase in Sotheby’s Hong Kong May 7 sale, their New York rooms had high hopes for this yellow ground famille rose double gourd vase, Qianlong period (1736-95), consigned by the same private US vendor, in their Chinese outing on September 19. They were not disappointed by the outcome.

The extensive press coverage given over to the conflict in Afghanistan may have helped re-focus collectors’ attentions on the magnificent Gandharan sculpture produced in this troubled region in the second and third centuries AD.

Clocks, Watches and Wristwatches: There was a solid performance for the 288 lots of Clocks, Watches and Wristwatches offered by Sotheby’s Olympia (17.5/10% buyer’s premium) on September 19 marred only by the failure of the potential best seller, the 18th century English musical and automaton clock attributed to James Cox, London.c.1775.