Auctioneers

The auction process is a key part of the secondary art and antiques market.

Firms of auctioneers usually specialise in a number of fields such as jewellery, ceramics, paintings, Asian art or coins but many also hold general sales where the goods available are not defined by a particular genre and are usually lower in value.

Auctioneers often provide other services such as probate and insurance valuations.

Mystic Meg of the Middle Ages…

03 December 2001

This codified sequence of columns, dots and captions is what the superstitious folk of 16th century Italy consulted with more zealotry than a tabloid-reading lottery pundit in search of Mystic Meg.

Sotheby’s make history as they launch France’s open market

30 November 2001

Basic buyer’s premium almost doubles: On the rainswept evening of November 29 in Paris, as the tricolor fluttered proudly over the Elysée Palace and Christmas lights twinkled on the Champs-Elysées, history was made as Sotheby’s became the first foreign auctioneers ever to sell in France – exploding a monopoly dating back to 1556.

“No Captain can do very wrong if he places his Ship alongside that of an Enemy”

30 November 2001

The secret memorandum that Nelson sent to all of his captains on the eve of the Battle of Trafalgar, outlining his plan to divide the fleet into three squadrons and thus be able to direct at least 24 ships against any part of the enemy’s line, has become one of the more celebrated documents in the history of naval warfare.

Top heavy price for pear-shaped vase

28 November 2001

Chinese sales at Christie’s South Kensington (17.5/10% buyer’s premium) can always be relied on to produce some good prices during Asia week. While the morning works of art session in their Chinese Ceramics and Works of Art sale, November 8, was quiet, business picked up in the afternoon for the ceramics section.

Market-fresh flask tempts buyers

28 November 2001

As fresh, quality private consignments become ever scarcer, the competition for such works must make it difficult for auctioneers nationwide to put sales together. Although Bonhams’ (15/10 buyer’s premium) 400-lot Fine Asian Art sale on November 12 had fewer top quality works to tempt buyers than at Sotheby’s and Christie’s, the modestly estimated and fresh-to-the-market tea dust-glazed moonflask, Qianlong seal mark and period, saw buyers jostling for ownership.

£27,000 Rayner is put in her place

28 November 2001

One of the advantages of being an auction house with offices and salerooms spread around the country is that items with regional associations can be sold in the areas with the relevant local interest. This is precisely what happened on November 8 when the signed Louise Rayner (1832-1924) watercolour that had originally been consigned to Phillips Bath came up for sale 120 miles and one corporate take-over away at Bonhams Chester (15/10% buyer’s premium).

Wrought iron Armada chest

28 November 2001

This 17th century wrought iron Armada chest had stood unopened in the attic of an English country house for 180 years until it was finally unsealed earlier this year and found to contain a mass of papers relating to Dr William Harvey and his brother Eliab which had been deposited there by his descendants in 1821.

Birthday gift yields £23,000 bonus

28 November 2001

Nothing is more certain to draw buyers in their droves than modestly estimated works from private collections. A single textile entry and two conservatively estimated porcelain collections did just that at Sotheby’s Olympia (17.5/10% buyer’s premium) inaugural Chinese Works of Art on November 16.

Texas sale is $7.7m big

28 November 2001

AUCTIONEERS Sotheby’s (20/15/10% buyer’s premium) combined with New York dealers Stacks to auction the Dallas Bank collection of United States coins on October 29-30.

Lawrence’s to close Taunton rooms and consolidate at Crewkerne

28 November 2001

Somerset auctioneers Lawrence Fine Art will close their Taunton salerooms on December 21 and stop holding monthly sales at Crewkerne.

Manchester gallery secures Light of the World after all

28 November 2001

Manchester City Art Gallery, the underbidder at auction for the lantern which was the original model for Holman Hunt’s The Light of the World, have secured the piece after all. The gallery underbid the lantern, pictured right, when it was sold to a private collector for £46,000 (plus 15% buyer’s premium) on November 1 at Bonhams Knightsbridge.

Northeastern promise

28 November 2001

Individual entries consigned to Sotheby’s and Christie’s Chinese sales were an encouraging reminder to any jaded dealer that if you look hard enough and long enough, sleepers are still to be found.

Taubman’s defence seeks to discredit Davidge and Brooks

26 November 2001

Counsel highlights undisputed lies: The most dramatic episode yet in the trial of Alfred Taubman was played out in a New York court last week. The former boss of Sotheby’s was accused by his one-time protegé, Diana ‘Dede Brooks’, of forcing her into a criminal conspiracy with arch rival Christie’s. He denies any wrongdoing.

Consulted by Copernicus

22 November 2001

USA: THREE LOTS representing the principal science, medicine and natural history sections of a Swann sale of October 18 are described below, and illustrated right is one a of small group of patents that featured in the New York sale.

Sell-out in Rome for season’s opener

22 November 2001

SALES IN ITALY: The first auctions to take place in Italy this autumn in the midst of these days of gloom have been encouraging. In Rome on October 30, Christie’s (22.5/18.5% buyer’s premium) sold the contents of the residences of a collector, Michele Falzone del Barbarò. All 362 lots sold for around £400,000, far exceeding the auctioneers’ expectations.

£80,000 double for T.S. Eliot and Virginia Woolf in the Frederick B. Adams sale

22 November 2001

The Frederick B. Adams Jnr. library of English & American Literature was sold by Sotheby’s on November 6 and 7. The second day was devoted entirely to Adams’ magnificent Thomas Hardy collection, but among the highlights of the general sale was an inscribed presentation copy of the 1923, first English edition of T.S. Eliot’s The Waste Land, illustrated right, that sold at a higher than expected £80,000 to Peter Harrington.

Ruskin adds his name to those protesting the arrival of railways

22 November 2001

Robert Somervell’s A Protest against the Extension of Railways in the Lake District, published in Windermere in 1876, contains “articles thereon reprinted from the Saturday Review etc.”, and a nine page preface by one of those who objected to the intrusion of the railways into the Lake District – John Ruskin.

From Naked Ape to auctioneer…

21 November 2001

DESMOND Morris is perhaps best known for his books and TV series exploring the behavioural patterns of humans and other animals. Not so well known is his fondness for collecting Ancient Cypriot Art, objects that reach back in time to an age when the society he so avidly studies was in its infancy.

Exceptional Ruhlmann piece that proved the exception to the rule

21 November 2001

DECO & MODERNIST FURNITURE: While much of higher-end Deco struggled to find buyers prepared to match the bullish levels seen in recent seasons, there was still some interest in this field, and the odd exception to buck the trend.

Spotlight falls on Circus range

21 November 2001

WILKINSON’S/ CLARICE CLIFF: One might have expected Clarice Cliff pottery, with its very large UK collecting base, to be one of the areas of the market more resistant to economic concerns or the lack of confidence triggered by America’s low buying profile. But the jittery mood seems to have rubbed on the two most recent auctions to feature large quantities of Clarice material: that held by Christie’s South Kensington on November 2 and the Applied Arts sale at Sotheby’s Olympia.

News

Categories