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.

Vorsprung durch technik – German retail law changes

17 April 2000

GERMANY: New technology looks set to cause a leap forward in German retail practice.

Phillips scoop the big two over major paintings

10 April 2000

UK & US: PHILLIPS’ traditional reputation as the permanent poor relation of Sotheby’s and Christie’s at the top end of the international art market could be turned on its head by a clutch of high value consignments soon to be offered in London and New York.

Austrian auctioneers fear political backlash on sales

20 March 2000

AUSTRIA: THE ENTRY of Jörg Haider's far-right Freedom Party into the Austrian government could have repercussions for the country's art market, warns Otto Hans Ressler, director of Austria's second-largest auction firm Wiener Kunst.

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.

French auction reform advances

27 February 2000

FRANCE: THE French auction law reform bill had its second reading in the Senate on February 23 and, according to National President Gérard Champin, “90 per cent of the text has now been approved”.

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.

Lester eyes New York

27 February 2000

US: FLORIDA-based organiser David Lester is negotiating for a new fair in New York City, possibly to be launched as early as October this year.

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.

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).

Clamour for Artprice.com shares

07 February 2000

FRANCE: FRENCH online auction information company Artprice.com became the first dot.com business to hit the Nouveau Marché Paris on Friday January 21. Its stock was placed at Fr125 (£11.67) per share and the 1.15m shares on offer represent 18.4 per cent of the company capital.

Harry Kernoff oil of a Dublin cab

07 February 2000

EIRE: ONE of a number of remarkable prices achieved at James Adam & Bonhams' Irish Art sale on December 8 was the record IR£50,000 (£41,665) given for Harry Kernoff's 1936 oil of a Dublin cab.

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.

Auction law reform takes its first steps in France

10 January 2000

FRANCE'S auction reform bill was given its first reading in the Assemblée Nationale (Lower House) on December 21/22.

Two new Paris premises

20 December 1999

FRANCE: CHRISTIE’S France will start the new Millennium by relocating from Rue Paul-Baudry to new premises on Avenue Matignon, just off the Champs-Elysées and some 500 yards from Sotheby’s base on Rue du Faubourg St-Honoré.

French and German doubts on resale rights

20 December 1999

EU: BRITAIN’S opponents on the droit de suite issue were in retreat last week with the emergence of telling evidence from France and Germany (the two main champions of artists’ resale rights) that the levy is both damaging to art markets and of little benefit to living artists.

Bonhams realise an American dream

20 December 1999

UK: THE exceptional levels of demand recently seen for American pictures impacted on the London salerooms on the evening of December 14 when Bonhams achieved a record £1.4m for Richmond Hill in the Summer of 1862 by the Hudson River School painter Jasper Francis Cropsey (1823-1900).

Christie’s move in Paris

13 December 1999

FRANCE: CHRISTIE’S will move into their new Paris headquarters at 9 Avenue Matignon at the centre of the art and antiques district of the 8th arrondissement on January 3.

Carracci curries favour at Pitchal

13 December 1999

FRANCE: THIS anonymous oil-on-paper portrait by Annibale or Agostino Carracci sold 'for around £60,000' at Virginie Pitchal’s Mirror of the Soul exhibition at her Left Bank gallery.

Droit de suite in the balance

13 December 1999

EU: THE FATE of the UK’s flourishing Contemporary and Modern art trade hung in the balance last week after the Government had continued its steadfast opposition to the introduction of droit de suite by frustrating an attempt to push through the directive at the Internal Market Council meeting.

Eames sculpture sets world record

06 December 1999

US: AT Christie’s East in New York on November 27, in a sale which reinforced 20th century design as a major market mover, this moulded plywood sculpture by Ray and Charles Eames, dated 1943 and 3ft 11/2in (95cm) high, established a world record price of $330,000 (£206,250) for the designers, selling to a specialist Eames collector.

News

Categories