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.
Brancusi bird soars to $24.5m record
12 May 2005Bird in Space, right, an unrecorded marble version of one of Constantin Brancusi’s most celebrated and iconic subjects, was the toast of Christie’s $126.8m Impressionist and Modern art sale last week in New York.
Snuff bottles spill onto market
06 May 2005Christie's New York (10/12% Buyer's premium)SNUFF bottles vary enormously in quality and price but the J&J collection has to rank as one of the world’s foremost specialist holdings. Although these exquisitely made and highly decorative vessels have a following of strong international collectors, inevitably there are limited buyers for top-end imperial quality works.
Indian pictures on the rise
06 May 2005Sotheby's New York (20/12% Buyer's Premium) PRICES have steadily risen in recent years for paintings by India’s most established modern artists notably Maqbool Fida Husain (b.1915) and Francis Newton Souza (1924-2002).
Handbags at dawn for Hermès fans
05 May 2005It’s well known that diamonds are a girl’s best friend but handbags surely come a close second. The two combined can be a killer combination.
Paris dealers reel after €15m fraud
05 May 2005The French art and antiques trade is growing increasingly concerned about heavy-handed police tactics following the recent €15m embezzlement scandal surrounding an employee at a leading French bank.
Biennale to return to Grand Palais
05 May 2005The Paris Biennale is set to move from the Carrousel du Louvre back to the Grand Palais, its historic venue, for its next outing in 2006 after Paris Mayor Bertrand Delanöe unexpectedly vetoed plans for an underground car-park beneath the Palais that would have delayed its reopening until 2008 or 2009.
Celebrations all round thanks to Asia
28 April 2005NEW York’s Asian celebrations in late March and the first week of April always galvanise the international trade, attracting to the city collectors, curators and dealers from all over the world.
International bid to block worst effects of art levy
27 April 2005A GATHERING of Europe’s leading art market professionals is calling on the European Commission to delay extending the worst effects of Droit de Suite after 2012 in the UK.
Christie’s open up in Dubai
19 April 2005Christie’s have joined the throng of western companies opening offices in Dubai.
Seagram collection enjoys steady flow, as maiolica drips slowly
13 April 2005CERAMICS SALES IN FRANCE £1 = €1.44A collection of drink-related objects and another devoted to Italian Renaissance maiolica were two very different single-owner properties on offer on the same day at the Paris auction house ArtCurial (17.5/10% buyer’s premium) last month.
Asian art enjoys its New York trip
13 April 2005NEW York’s Asia Week wrapped up towards the end of last week and fair exhibitors and dealers hosting Manhattan selling shows are collating just how successful the enterprise proved.
Culture committee review spells more trouble over Droit de Suite
12 April 2005THE added tax burden of Droit de Suite, which comes in at the beginning of next year, could be far worse than feared.
Renoir archive emerges in US
12 April 2005Maryland auction house Hantman’s will sell personal artefacts and archival material relating to Pierre August Renoir at auction on May 14.
Rosebery’s duo leave for French château
04 April 2005TWO long-term directors of auctioneers Rosebery's are to leave southeast London to pursue a career offering antiques themed breaks from a Pyrenean château.
Drouot theft and recovery
04 April 2005A SMALL Renoir portrait painted in 1913, with an estimated value of €170,000-200,000 (£120,000-140,000), was stolen from the Tajan premises in Paris shortly before it was to be offered at a sale on March 31.
The fine arts of Ghengis’descendant
24 March 2005WHAT is believed to be the first ever selling exhibition of Mongolian sculpture of the 17th and 18th centuries is staged by Mayfair Himalayan arts specialists Rossi & Rossi at Barbara Mathes Gallery on the third floor of the Fuller Building, 41 East 57th Street, New York from March 28 to April 4.
Grindley adds scholarly touch to New York’s Asian love affair
24 March 2005WHILE Maastricht was, in the main, a showcase of Western art, the mood for all things Asian goes from strength to strength in New York and British experts are making the most of it.
Concerning Homer, Lawrence, a clumsy camel and broken pens
24 March 2005ILLUSTRATED top right is William Hole’s engraved title page for The Iliads from a copy of George Chapman’s first English translation of The Iliads of Homer, Prince of Poets and The Odysses.
€145,000: a bucket of money
22 March 2005Unusually large at 2ft 2in (66cm) high x 21in (53cm) in diameter and notable for its carved scallop shell intaglio, this outstanding George III mahogany and brass bound peat bucket shot to €145,000 (£106,600) at James Adam of Dublin on March 15.
Palm Beach team step up
16 March 2005THE management team of IFAE’s Palm Beach shows is to take on new responsibilities as Lorenzo Rudolf takes on a new role in the organisation.
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