France

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.

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.

PARIS: The whole history of French coins from Gaulish times to the present was covered by the Jean Vinchon (10.764% buyer’s premium) sale in Paris on November 6. Because it was a single collection rather than the random assemblage that chance had brought across the counter there were many choice examples on offer.

A large desert Caravane by Victor Huguet (c.1895), 4ft 4in x 6ft 8in (1.31 x 2.02m) and inspired by Fromentin, led the Delorme-Fraysse picture sale on February 12 with €82,000 (£51,200).

FRANCE: Auction turnover in France, for sales by commissaires-priseurs, rose 4.4 per cent in 2001 to €1.9bn (£1.17bn). There were significant regional increases in Lyon & the South-East (up 14 per cent to £180m, with Lyon itself contributing over one-third of that figure) and Brittany-Anjou (up 17 per cent to £102m), whereas Normandy suffered a dip of 19 per cent with sales of £86m.

PARIS: Ten works by Philippe Hiquily (born 1925) surfaced in the Camard sale at Drouot on February 8, comfortably exceeding predictions to post “record prices” and enjoy what Camard called “tremendous success among French and foreign collectors and decorators.”

FRANCE: Camard reported “strong progress” in demand among trade and private buyers for 20th century ceramics last year. They returned to the field this year when they offered a “panorama of 100 years of history of ceramics” at Drouot on January 25.

FRANCE: TOBACCOLOGY may not be the word on everybody’s lips in these smoke-free days but it was the official theme of the offbeat sale held by Rieunier-Bailly-Pommery at Drouot on January 28.

FRANCE: Pictured right is a restored 18th century two-part fountain basin, with a veined red marble shell topped by a white stone lion head, which sold over expectations for €25,000 (£15,500) at Tajan on January 30

Pierre Bergé, president of Yves St-Laurent Haute Couture, has withdrawn from the race to acquire control of Drouot Holding SA. The company, which is owned by Paris’s 110 commissaires-priseurs, controls the Hôtel Drouot and the lucrative auction weekly, the Gazette de l’Hôtel Drouot.

France has taken the first step towards adopting Unidroit, which enforces strict controls on the restitution of stolen art. On January 29 a first reading of the bill ratifying the convention was adopted by the Assemblée Nationale (lower-house).

FRANCE: FRANCIS FRITH (1822-98) was the focus of attention of Beaussant-Lefèvre’s sale of 19th century photographs at Drouot on January 25, as expert Pierre-Marc Richard claimed a world record auction price of €23,000 (£14,400), almost double-estimate, for a Francis Frith photograph: an 1858 view of The Pyramids of El-Geezeh from the south-west (pictured).

French take the Euro in their stride. Will the Brits be left behind? The euro, all Fr6.56 of it, appears to be making a smooth entry into French salerooms.

PARIS: A prestige series of auctions held by Tajan at the Hôtel George V just before Christmas (December 17-19) yielded just under £7m hammer.

PARIS: This extraordinary 2ft 3in (69cm) showpiece entitled Christus Vincit, made by Joseph Chaumet for the 1900 Exposition Universelle, sold for Fr2.8m (£267,000) at Calmels-Chambre-Cohen on December 10.

SOTHEBY’S have given the autograph documentation and picture, right, a hefty estimate of €500,000-750,000 for a very good reason: the picture is now thought to be the earliest image made by photographic means.

PARIS: The Piasa letters and manuscripts sale on December 17 brought Fr7.25m (£690,000) hammer with just 1 per cent bought in, and no fewer than 18 pre-emptions for the Bibliothèque Nationale, Comédie Française, Assemblée Nationale, Musée Victor-Hugo, and the towns of Avignon, Grenoble and Besançon.

FRANCE: A gilded and bleu céleste Louis XVI Sèvres cup and saucer, right, 51/2in (14cm) tall and known as the Gobelet Dauphin, sold over estimate for Fr260,000 (£24,800) at Piasa in Paris on December 7.

FRANCE: Just weeks after Sotheby’s and Christie’s first sales in Paris, the Hôtel Drouot is the target of two takeover bids, from Barclays Private Equity, an investment fund, and Pierre Bergé, longtime president of the Yves St-Laurent fashion house and a former chairman of the Paris Opera.

PARIS: American buyers were to the forefront at the ArtCurial-Briest sales on December 17 and 18, held in the stylish Hôtel Dassault halfway down the Champs-Elysées, and preceded by an elegantly hung four-day viewing.