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.
A love affair with Paris
05 September 2003WELL-known Dutch Oriental specialists Vanderven & Vanderven are stalwarts of Maastricht, Basel Cultura and the Grosvenor House fairs, but their taste for international events has been sharpened of late.
Sotheby’s buy H.P. Kraus inventory for $9-12m sale
01 September 2003Sotheby’s have acquired the inventory and reference library of H.P. Kraus, the venerable New York dealers in books and manuscripts, which they will sell in a series of auctions this autumn.
The authentic Spanish
28 August 2003MADRID organisers IFEMA stage what is arguably Spain’s top fair, Feriarte, at the Juan Carlos I Exhibition Centre in the Spanish capital from November 22 to 30.
Modernists look to the future…
27 August 2003FROM September 25-30 some 34 leading dealers from France, Italy, England, Sweden, Canada and the United States will gather at The Seventh Regiment Armory, Park Avenue, New York City for the fourth International Art and Design Fair.
Flowers bloom on day Irish stars faded
26 August 2003IRELAND: IRISH pictures for many years flew off the rostrum with both a strong private market in Ireland and the money of Irish-Americans to fuel the enthusiasm. Irish art still, of course, sells, but there is no doubt that collectors are becoming more selective.
Goodmans join Bonhams to spearhead Australian expansion
26 August 2003SYDNEY-based auction house Goodmans have joined the growing Bonhams empire in a bid to dominate the Australian auction scene. Bonhams & Goodman, to be run by Goodmans managing director Tim Goodman, will look to source goods from all over Australasia in direct competition with Sotheby’s and Christie’s.
Spicing up a ‘Chippendale’
20 August 2003FRANCE: The 162-lot Piasa (17.94/11.96% buyer’s premium) furniture sale on June 25 was 70 per cent sold by lot and brought €1.8m (£1.24m) hammer, with a three-drawered Louis XVI citronwood-veneered bureau plat, with painted metal decoration of arabesques and blue and white medallions, evocative of the work of Pierre Macret (active 1756-85), selling for €340,000 (£234,000) – helped by its leather top with crowned N and imperial corner eagles.
Mayfair or Manhattan, dealer does the business
20 August 2003WE frequently comment on the way in which successful dealers have to chase business wherever it may be and a case in point is Mayfair dealer Alistair Sampson who will not be seeing much of his Mount Street, London W1 showrooms once autumn is upon us.
Summer time
20 August 2003FRANCE: ON July 4 Chayette-Cheval (17.94% buyer’s premium) devoted an entire sale to clocks, watches and related items, achieving a hammer total of €571,000 (£394,000).
No easy ride for dealers at the Dublin Horse Show
20 August 2003THE word from Ireland is that autumn could be hard work – judging by results at the antiques fair staged as part of the Royal Dublin Society Horse Show from August 6 to 10. The Horse Show is a prime event in the city’s social calendar and the idea of the antiques fair – organised in the past by veteran Irish promoter Louis O’ Sullivan but this year by the RDS itself – is to put the 25 exhibitors in a potentially profitable ambience.
Weaving towards Europe
20 August 2003NEW York’s Chinese Porcelain Company hold their autumn exhibition Recent Acquisitions, Fall 2003 from October 9 to 25 at their elegant galleries at 475 Park Avenue at 58th Street. Some highlights from the exhibition will be displayed on their stand at the International Art and Antique Dealers Show at Manhattan’s Seventh Regiment Armory from October 17 to 23.
Magnificent men hope their flying machines will take off as a sale theme
20 August 2003The Collection of Louis Vivien, a Paris bookseller who opened his shop in Rue des Ecoles in 1905, swiftly specialising in the aeronautical world after attending the inaugural Salon Aéronautique of 1908, provided Tajan (20.33% buyer’s premium) with yet another new sale theme – Aviation – on June 21.
Today, even Ireland has its struggles...
19 August 2003£36,000 private bid on cabinet shows underlying market strength: BRITISH auctioneers have long looked enviously across the Irish Sea where there still seems a wealth of high-quality furniture coming onto the market from private sources to be welcomed not merely by the trade but also by confident and well-heeled private bidders who have been the dominant force these past ten years and more.
Cows come home from Piccadilly to a £26,600 welcome in Australia
19 August 2003THE latest artistic preference among Australia’s wealthy middle classes appears to be large-scale canvases by John Kelly (b.1965). Born in Bristol, he became an Aussie in the year of his birth when his parents emigrated to Melbourne and throughout his artistic working life, he has immersed himself in Australian iconography but he is particularly celebrated for his paintings of cows.
Supply fears as strong mainland Chinese buying leaves its mark
12 August 2003HONG KONG ASIAN SALES : When SARS broke out in Asia earlier this year, Sotheby’s decided to hold their Asian auction series in Hong Kong as planned in April, but Christie’s postponed their Hong Kong sales until early July. Sotheby’s may not have registered the same levels of Western interest in their two fine Chinese sales on April 27 (the combined 281 lots totalled a premium-inclusive HK$106,481,440), but like Christie’s, they reported increased mainland Chinese buying.
Vases head for Versailles…
12 August 2003A successful sale isn’t always an instant transaction and one of the more notable features of exhibiting at a fair is follow-on business. This can often take some time to materialise but is nonetheless satisfying, especially when it produces a particularly pleasing conclusion, as was the case with this pair of 18th century Sèvres vases à compartiments, pictured right, which London dealer Robert Compton-Jones of the Woollahra Trading Co. took to the Paris Biennale last September.
A lick of paint adds a zero to the price…
12 August 2003Anyone who has studied the Americana market in any detail will know how important surfaces have become to its many folk art aficionados. Original paint is not just a bonus – it can often be the difference between $1000 and $10,000. And it can happen here, too.
Paris: Pavillon move to challenge Salon is ‘damaging’
12 August 2003THERE will be plenty of antiques activity in central Paris this autumn, centred on two major fairs each with their quota of high- profile international dealers. A feast for fairgoers, but also behind the scenes a feast for those with a taste for intrigue since, as is so often the case with the Paris trade, there is plenty of politics involved. My Paris-based colleague Simon Hewitt takes a peek behind the arras and reports:
Italian style around the home
12 August 2003ITALY: MORE than 440 lots of silver and Russian works of art were offered at Christie’s (24-18.5% buyer’s premium, excluding VAT) sale in Rome on June 12, of which slightly less than half sold.
Museum sues as $23,000 vase makes $1.55m
28 July 2003A Massachusetts auction house is being sued for breach of contract and malpractice after a Chinese vase it sold for $23,000 returned to auction six months later at Christie’s Hong Kong where it brought $1.55m.
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