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.

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The $50 gold coin that became a $500,000 rarity

01 September 2008

A gold pattern Chinese coin picturing Chang Tso Lin (1875-1928) was dubbed 'one of the rarest coins in the world' by A.H. Baldwin & Sons and Ma Tak Wo Numismatic Co Ltd who offered it for sale in Hong Kong on August 28.

Lawyer found guilty in stolen paintings case

01 September 2008

A retired Massachusetts lawyer has been found guilty of involvement in a major art theft that extends back three decades.

Takeover for GoAntiques

01 September 2008

Atlanta-based WorthPoint, an online database and social network for antiques and collectibles, have announced its intent to acquire GoAntiques, the online buying and selling network.

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Diary from ordinary seaman takes $110,000

26 August 2008

A DIARY kept by a sailor in Nelson’s navy was offered for sale in a US auction earlier this month. Given that diaries kept by ordinary sailors are exceptionally rare, there was huge interest in this visually striking document from both sides of the Atlantic with institutions, the trade and private collectors vying for the journal.

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Bling: selling the crown jewels of hip hop

26 August 2008

Phillips de Pury are holding the first ever auction of hip hop jewellery on October 1 in New York. The sale, titled Hip Hop's Crown Jewels will offer some serious bling worn by some of the music movement's biggest stars.

Skinner announce Marlborough move

26 August 2008

East Coast auctioneer Skinner are to move their suburban headquarters from Bolton to Marlborough, Massachusetts.

Australian bank challenge PayPal policy

26 August 2008

The Reserve Bank of Australia are to challenge eBay on their decision to make PayPal mandatory on all sales listings. The RBA says it will “shortly be holding discussions with PayPal [an eBay subsidiary] with a view to seeking the removal of these rules”.

Sotheby’s move Asian contemporary sales to Hong Kong

18 August 2008

SOTHEBY’S have announced that, as of next year, all their dedicated contemporary Asian art sales will be held in Hong Kong.

Tiffany appeal against eBay ruling in US

18 August 2008

Tiffany & Co have appealed over the ruling that eBay do not have to police their auction site for fakes before they are sold to unwitting buyers.

FBI tracing owners of huge art hoard

18 August 2008

The FBI are attempting to track down the rightful owners of 137 works of art, discovered in a New York apartment, which are thought to have been stolen in the 1960s and 70s.

Christie’s to sell Yves St Laurent collection

11 August 2008

Christie’s have announced that they are to sell the multi-million collection of Yves St Laurent, who died in June, and his business partner Pierre Bergé in February next year.

Wine sales return to Asia

11 August 2008

CHRISTIE’S first wine sale in Asia for seven years will take place in November after the auctioneers have decided to reintroduce wine auctions in Hong Kong.

Christie’s unveil their ambitions for Asia

04 August 2008

With an eye to one of the world’s major emerging markets, Christie’s are strengthening their position in the Far East.

EBay win landmark case in US

21 July 2008

Ebay have won a landmark judgment in the US federal courts, which effectively protects their position as an independent trading platform.

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Liechtenstein treasures to go on display in Paris

21 July 2008

GALERIE Kugel in Paris are to hold an exhibition of the Prince of Liechtenstein’s collection of bronzes from September 10 to November 7.

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New saleroom for Munich auctioneers

21 July 2008

The German auctioneers Ketterer Kunst will mark the opening of their first purpose-built saleroom at Neue Messe in Munich with a traditional Bavarian-style topping-out ceremony on July 23.

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Found in a UK country auction – the £180,000 note

14 July 2008

This $1000 Straits Settlement bill was described by Spink specialist Barnaby Faull as “the holy grail of Asian Pacific banknotes” after it had sold for Sin$420,000 (£180,000) plus buyer’s premium in Singapore on July 5.

EBay Australia drop case for PayPal exclusivity

14 July 2008

EBAY Australia have decided to drop the case for PayPal exclusivity ahead of a decision on the matter fro the Australian Competition and Consumer Commission.

French online stolen database

14 July 2008

A FRENCH company has launched a new online stolen art database which allows victims of theft to offer rewards directly.

EBay to appeal against French court order

07 July 2008

EBAY have vowed to fight a new French court ruling that effectively makes them responsible for what is sold on their site. In effect, the ruling could mean them having to vet items before they are offered, rather than removing offending objects once they have been alerted to them.

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