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.

Now AXA bid £51m for the Drouot

02 April 2002

The AXA insurance group have joined the battle for Drouot with an offer believed to be worth €82m (£51m), comfortably exceeding the €69m (£43m) proposed by Barclays Private Equity and the €64m (£40m) by ABN-Amro earlier this year.

...and in Amsterdam

27 March 2002

Look at the differences between the modern-day perspective of Amsterdam’s Nieuw Voorburgwaal, and the 1759 depiction by Dutch artist Jan de Beyer (c.1703-85) to be offered for sale from the Anton Dressman collection at Christie’s Amsterdam on April 16 with an estimate of €45,000-75,000.

Museum’s swansong

27 March 2002

Museums are well known as the protectors of age, but now we have an example of how age is to prove the downfall of such an institution. The silver lining to this cloud is that it provides a unique opportunity for the trade and collectors.

Sumptuously presented…

27 March 2002

Luxury sets were a feature of the Pacific Book Auctions sale of February 7 and seen left are sample volumes of a 48-volume set of the works of Alexandre Dumas, one of 1000 ‘Editions de Medicis’ sets published in Boston c.1900 and here sumptuously bound in dark green morocco gilt with red inlays to the covers, which reached $13,000 (£9155).

Italian auction house boss arrested over fake artworks

25 March 2002

The Italian art market is in shock at the arrest of one of its major players for the sale of fake works of art and other crimes.

Jane Austen firsts

22 March 2002

A high spot of the Sotheby’s sale of December 12 was a group of Jane Austen firsts in the original boards. Illustrated above right is the former Lady Shelley/Earl Spencer/Jerome Kern copy of her first published novel, Sense and Sensibility of 1811, the blue boards with cream paper spines, which made $70,000 (£49,295).

Scandinavian taste in design strengthens

22 March 2002

DENMARK: Given the continuing vogue for Scandinavian interiors, it comes as no surprise that the first modern art and design auction to be held by Danish auctioneers Bruun Rasmussen (25% buyer’s premium including VAT) in Århus last month on February 12, met with very favourable results.

New England for the ‘mind-travelling Reader’

22 March 2002

WILLIAM Wood’s New Englands Prospect..., first published in London in 1634, was intended to “enrich the knowledge of the mind-travelling Reader, or benefit the future Voyager”.

Himalayan experts off to conquer the Big Apple with Buddha

22 March 2002

NOTED St. James’s Asian specialists Rossi and Rossi leave their Jermyn Street showrooms for New York this month for an exciting show which runs until March 26 at the galleries of Dickinson Roundell, 19 East 66th Street.

Dargate up for sale again

21 March 2002

US auction house Dargate will be put up for auction on March 30 without reserve. The decision follows the failure of the first attempt on September 7 last year, when the starting bid for the fixed assets, ongoing business, goodwill, Website, mailing list and other holdings was set at $500,000.

Mallet and Silver Fund open New York salerooms

21 March 2002

Mallet, one of London’s most famous and venerable antiques dealerships, are opening prestigious new permanent galleries on New York’s Upper East Side.

Phillips-Selkirk sold off as part of Arnault’s retrenchment

21 March 2002

Phillips-Selkirk, the St Louis, Missouri auction house owned by Phillips de Pury Luxembourg, has a new name and a new owner.

From the curve for lurve… …to the square at the fair

15 March 2002

THERE are no datelines at TEFAF Maastricht, which runs in the Dutch city until March 17, but Old Masters and top quality antiques are the stock that springs immediately to mind.

Grand Prix Type makes ‘grand prix’

15 March 2002

Christie’s (20.93/11.96% buyer’s premium) staged their first Automobile sale in Paris on February 12 at the Rétromobile vintage car show, which attracts 100,000 visitors every year.

Montague Dawson and Americana survive squalls

14 March 2002

NEW YORK: MARINE paintings are a specialist area which have received plenty of attention from auction houses eager to tap into the wealth of those rich enough to enjoy mucking around in boats.

£70,000 reward offered after theft of paintings at fair

14 March 2002

A £70,000 REWARD is being offered after five paintings worth more than £1.7m were stolen from an antiques fair in Sweden.

Borwick joins dmg to boost Lester’s New York ambitions

11 March 2002

VICTORIA Borwick, until last autumn director of the Olympia Fine Art and Antiques Fairs, has joined Florida-based IFAE (International Fine Art Expositions) as a fair director.

Scene set for Dutch topography

07 March 2002

HOLLAND: IN honour of the Netherlands’ long tradition of landscapes and town scenes Christie’s Amsterdam (buyer’s premium 20.825 per cent) had a topographical theme to its pictures sale on January 22.

First Antwerp Auction Week planned for April

07 March 2002

BELGIUM: Antwerp’s four main auction-houses have announced plans to co-ordinate their sales and viewings for the first time.

Will the superb Maastricht mix its treasures with business?

07 March 2002

FAIRS are among the most contentious, gossip-ridden and difficult-to-read aspects of the whole antiques business. But while organisers’ rivalry can often verge on the psychotic, there is one thing they all agree about, and that is the status of The European Fine Art Fair at Maastricht.

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