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.

Sotheby's sale will thaw out house frozen in time

20 March 2000

UK: SOTHEBY'S are to sell a remarkably well-preserved and restored 18th century Spitalfields London town house and its contents, the home of the late Michael Gillingham, a well-known London art and antique dealer.

Turnover of $2.3bn each for Christie's and Sotheby's

20 March 2000

CHRISTIE'S and Sotheby's announced a substantial increase in turnover for 1999, each registering total sales in the world art market of $2.3 billion (£1.46bn).

Duke's uncover a blessing in disguise

13 March 2000

UK: HAVING ascribed it to the Italian School of the 13th/14th century in their auction advertisement, Hy. Duke now believe that this 73/4 x 9in (20 x 23cm) oil on panel, right, is in fact the pinnacle – missing for 150 years – of the Madonna panel by Nardo Di Cione (1343-1366).

From a Ligurian Spring springs to £330,000

13 March 2000

From a Ligurian Spring by Henry Herbert Lathangue (1859-1929) sold for £330,000 plus 15 per cent premium at Bearne’s Spring Seasonal Sale, Exeter on March 1.

Now Pinault buys Piasa

13 March 2000

FRANCE: ARTEMIS, the holding company belonging to Christie’s owner François Pinault, have acquired the Paris auction group Piasa.

Sotheby’s go for 20% top buyer’s premium rate

13 March 2000

SOTHEBY’S will raise their buyer’s premium on April 1, one day after Christie’s are due to do the same.

The case of the disappearing fish

13 March 2000

UK: The factors which make for a desirable cased fish are four-fold: the case (bowfronts are most popular), the label of a good taxidermist such as Cooper, condition and (as the joker in the pack) the beast itself.

Classic Art Deco

27 February 2000

UK: This pair of 8ft 2in (2.5m) high polished steel gates inset with Lalique glass segments were bid to £13,000 at Christie's South Kensington on February 9.

Spink to join the Bloomsbury set

27 February 2000

UK: Spink's move from the King Street premises the firm have occupied for over three-quarters of a century, also marks a major re-assessment of the way they do business.

Collusion probe latest

27 February 2000

US: THE sudden resignations of Sotheby's chief executive Diana 'Dede' Brooks and chairman Alfred Taubman have come in the wake of the investigation into alleged commission fixing which has seen the company's stock plummet by 60 per cent since the start of this year.

Monkey puzzle

27 February 2000

UK: EVERY so often a dealer will acquire an object of academic interest for relatively little money and put it into an auction to see how much it will make.

Highly important Cimabue painting discovered

21 February 2000

UK: A HIGHLY important painting by the early Italian master Cimabue (c.1240-1302) has been discovered by Sotheby's at Benacre Hall, near Lowestoft, Suffolk, home of the reclusive Sir John Gooch, 12th Bt., who died last year.

Christie's detail new commissions

21 February 2000

CHRISTIE'S had their best ever year in 1999, exceeding the peak of annual turnover achieved at the height of the last art boom.

View of Venice at the Entrance to the Grand Canal

21 February 2000

UK: While the art market has been quieter in the provincial salerooms since the New Year, an exception was provided by this oil on canvas View of Venice at the Entrance to the Grand Canal, which appeared at Lawrence's of Crewkerne on February 17.

LVMH buy Tajan

21 February 2000

FRANCE: PHILLIPS' new owners, luxury goods group LVMH Moët Hennessy Louis Vuitton, are to acquire Tajan, the leading French auction house.

Demand for good Welsh pottery way outstrips supply

14 February 2000

This simple 91/2in (24cm) diameter pottery 'souvenir' plate, made in Llanelly c.1910 and decorated with Welsh folk heroine Mari Jones in the manner of the factory's most famous painter, Samuel Shufflebotham, sold to a Pembrokeshire collector at £1700 (plus 15 per cent premium) at the Carmarthen rooms of Peter Francis on January 25.

Auctioneers face new commission enquiries

14 February 2000

UK: The UK Office of Fair Trading and the European Union regulatory body for competition have begun their own investigations into alleged commission fixing by Sotheby's and Christie's.

Poulain move ahead of Piasa in Paris

14 February 2000

FRANCE: THANKS in part to the Chateau de Groussay sale staged jointly with Sotheby's, Poulain-Le Fur moved ahead of Piasa in 1999 to rank second in Paris with sales of Fr285m (£27.5m).

A silhouette made by Samuel Metford

14 February 2000

ELABORATE multi-figure conversation pieces are amongst the most sought-after classes of silhouette.

New world auction record for a decoy

07 February 2000

US: SETTING a new world auction record for a decoy, this sleeping Canada Goose c.1917, by renowned carver Elmer Crowell of East Harwich, Massachusetts, was estimated at $400,000-500,000 by Sotheby's, New York in a joint sale with Guyette and Schmidt of Maine, but sold to Boston dealer Stephen B. O'Brien Jr in the room on behalf of a client at $620,000 (£375,760) plus premium on January 23.

News

Categories