International

About 80% of the global art market by value takes place outside the UK. The largest art market in the world is the US with China in third place (after the UK) followed by France, Germany and Switzerland.

Many more nations have a rich art and antiques heritage with active auction, dealer, fair, gallery and museum sectors even if their market size by value is smaller.

Read the top stories and latest art and antiques news from all these countries.

Austria extends claim period for looted art

06 April 2009

SPECULATION is rising that many more restituted works of art may end up being offered for sale following a ruling made by Vienna’s city council.

Fabergé goes to Baden-Baden

06 April 2009

Next month a Russian businessman and collector will open the world’s first museum dedicated to the Russian Imperial jeweller Fabergé.

Salander faces charges over theft of $88m

30 March 2009

LAWRENCE B. Salander, the former owner of the bankrupt Manhattan art gallery Salander-O’Reilly, has been charged in a 100-count indictment with stealing $88m. He faces up to 25 years in prison.

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Tiffany and Walters prove key links in the $350,000 chain

23 March 2009

AN impressive example of Renaissance revivalism seen at Boston-based auction house Skinner on March 17 combined blue chip-names in both provenance and maker.

Dutch sting operation recovers Noortman paintings

16 March 2009

DUTCH police have recovered eight paintings stolen from Robert Noortman’s gallery in Maastricht in 1987. The works, which included valuable works by Renoir and Pissarro, were traced to two small towns in the south of Holland after an alleged middleman in Dubai made an attempt to sell the paintings back to the insurers for a reported €5m (£4.5m).

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French Auction Weekend 2009

16 March 2009

THE French auctioneers' association SYMEV have launched their annual weekend Follement Marteau to promote buying at auction on March 28-29.

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The top single-owner sale ever at €373.9m

02 March 2009

As befitting a sale with world-famous brand associations, Christie’s dispersal of the Yves Saint Laurent–Pierre Bergé collection in Paris was more like a rock concert or fashion show than an auction.

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Leonard Joel launch bushfire appeal in Melbourne

23 February 2009

Leonard Joel auctioneers of Melbourne, Australia, are appealing to vendors to consign art, antiques and jewellery to auction and donate the proceeds to the Victorian Disaster Appeal to help victims of the Victorian bushfires.

Sotheby’s complete purchase of NY HQ

16 February 2009

SOTHEBY'S have completed the purchase of their New York headquarters in a $370m deal.

Paris finds reasons for optimism in 2009

09 February 2009

IN Paris the auction year will start in the most spectacular manner with the Yves Saint Laurent/Bergé collection sale on February 23-24. But 2009 holds out promise for the French art market in other areas too.

Moscow and Salzburg fairs cancelled

09 February 2009

THE global credit crunch's latest victims are the Moscow World Fine Art Fair and the Salzburg World Fine Art Fair, which will not go ahead this year.

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Turner the toast of Old Master sales in New York

06 February 2009

IT doesn’t happen very often that either Sotheby’s or Christie’s can claim a major sales victory over their rivals, but at the latest Old Masters series in New York one side came out the clear winners.

VAT boost for Paris jewellery

26 January 2009

THE appeal of Paris as an auction centre for jewellery received a boost at the start of the year, when France slashed import VAT on “rare” or “high value” jewellery from 19.6 per cent to 5.5 per cent.

Irish Government decides to extend Resale Right derogation

19 January 2009

The Irish Government have decided to go the same way as the UK in not applying the Artist’s Resale Right (ARR) to the heirs of dead artists until 2012. The extension means that ARR will continue to apply to works by living artists only.

Sotheby’s take the lead in Paris

19 January 2009

SALES in 2008 in Paris saw Sotheby’s and Christie’s occupy the top two spots for the first time – and open up a significant gap on the rest of the field.

Ex-employee charged with stealing from Skinner

13 January 2009

A former long-term employee of New England auctioneers Skinner has been indicted by a grand jury for allegedly stealing over $724,000 worth of cash and auctioned property.

Cézanne theft lawyer jailed for seven years

05 January 2009

A retired Massachusetts lawyer found guilty of involvement in a major art theft that extends back three decades has been sentenced to seven years in a Federal prison.

New York Asian fair cancelled as downturn bites

22 December 2008

LONDON-based organisers Brian and Anna Haughton have cancelled the International Asian Art Fair scheduled for March 11 to 15 at New York's Park Avenue Armory – the first major fairs casualty of the world economic turmoil.

On-off saga of Bauhaus artist’s dispersal reaches another impasse

22 December 2008

A FAMILY feud has led to yet another cancellation of the sale of 63 works of art by Oskar Schlemmer, one of the central figures of the Bauhaus.

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