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.

Nazi loot case – Trade caught in the crossfire

04 October 1999

FRANCE: THE French government is to prosecute New York art dealer Adam Williams for handling stolen goods after a painting he bought at Christie’s in London turned out to be Nazi looted art. A successful prosecution could have serious repercussions for the Trade.

Internet auctioneer woos dealers with incentives

04 October 1999

UK & US: A NEW Internet auction house, due to launch simultaneously in the United States and the UK on October 15, aims to woo dealers in high value art and antiques by special incentives and simplifying the process.

The true origins of the space race

27 September 1999

UK: THE Russians had the brains for a head start in the space race but the Americans possessed the capital to fund a sustained interest in rocket programmes.

US alliance for Lyon & Turnbull

13 September 1999

UK & US: THE former Director of Phillips in America, Paul Roberts, has been appointed both vice chairman of the new-look Edinburgh outfit Lyon and Turnbull and president of Freeman Fine Arts of Philadelphia, with the aim of forging business links between Scotland and America's oldest independent auctioneers.

Dollar sets record for a US coin

06 September 1999

US: A NEW record for a United States coin has been achieved at auction in New York with the sale of a silver dollar for a premium-inclusive $4.14m (£2.63m) on August 30.

Tiffany expert convicted of trafficking stolen windows

16 August 1999

US: TIFFANY stained glass authority Alistair Duncan was convicted on Thursday by a New York federal jury on all five counts of trafficking in Tiffany windows stolen from cemetaries and mausoleums.

First art auction held live online

16 August 1999

GERMANY: ARTLINK have conducted what is being claimed as the first live online art auction. The sale – of International Young Baltic Art – took place on the evening of Saturday, August 7 at Rostock in Germany.

Artnet shares plunge on German exchange

09 August 1999

GERMANY: INTERNET art auctioneer Artnet.com which floated on the Frankfurt exchange in May, have denied a claim by magazine Boerse Online that their main shareholders are selling their shares.

Dolman gets top job at Christie’s USA

19 July 1999

US: CHRISTIE'S have decided to place British expertise at the helm in New York with the promotion of their London managing director, Edward Dolman, to managing director of Christie’s in America.

Italian gang leaves pattern of duplicity

19 July 1999

AT LEAST a dozen of the world’s top dealers appear to have lost goods as a result of a series of elaborate and sophisticated swindles carried out by a gang operating out of Northern Italy during the past nine months.

The strange tale of English Rimmonim

05 July 1999

AMSTERDAM: MAKERS of Jewish ritual metalwork tended to be a relatively conservative breed – slow to respond to wider artistic cross-currents – but illustrated above are a pair of English silver Torah finials or Rimmonim, 161/2in (42cm) high, which demonstrate there are exceptions to the rule.

Droit de suite dropped as pressure pays off

28 June 1999

EU: THE PROSPECT of droit de suite spreading throughout the European Union receded last week when the Internal Market Council found that resistance to the principle of artists’ resale rights had grown and the measure was shelved.

French turn on VAT...

21 June 1999

FRANCE: AFTER YEARS of apparent indifference, the French Government appears to be preparing for a last-minute stand against art import VAT.

Droit de suite objectors rally at the last

21 June 1999

HOPE was rekindled last week that a last-minute change of heart in Europe could kill off the imposition of the artists resale levy, droit de suite, in the UK.

Big changes for Phillips in US

14 June 1999

PHILLIPS have announced the appointment of Mark O. Howald as managing director of Phillips-Selkirk in St Louis as of May 1, 1999.

Stock Market cash still drives Net sales

07 June 1999

GERMANY: IN another fortnight of rapid developments in e-commerce, Artnet.com, specialist fine art service provider on the Internet, went public on May 17 when it offered shares in its parent company, artnet.com AG, on Frankfurt’s Neuer Markt stock exchange.

Buyers count the cost as State pre-empts entire château sale

01 June 1999

FRANCE: THE FRENCH government’s apparent disregard for their art market, reflected by the repeated postponement of the auction reform (see above), was further illustrated by the dramatic last-minute cancellation of the sale of the contents of the former royal château at Randan in the Auvergne.

French auction reform – the bill is altered

01 June 1999

FRANCE: A NEW date of June 10 has been set for the first parliamentary reading of the long-delayed bill reforming French auction system.

Mixed fortunes for New York art

24 May 1999

US: THE bonanza of Impressionist and 19th century art sales in New York, headlined by the record $55m (£33.5m) hammer price paid for a Cézanne still life, has highlighted various trends in the market, not least the dominance of Post Impressionist works.

VAT row – how the EU fudged it

17 May 1999

EU: THE publication on the Internet of the report compiled for the European Commission on the effect of doubling VAT on works of art imported for sale from outside the EC has exposed huge flaws in the Commission’s argument for pressing ahead with the increased tax, say leading members of the trade.

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