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.

Record for Nobel Prize medal at $4.1m

08 December 2014

James Watson’s 1962 award for his work on DNA set a world record price for a Nobel Prize Medal at Christie’s in New York when it sold for $4.1m (£2.6m) hammer.

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Thangka brings new £27m Asian art high

02 December 2014

Among the most important Asian works of art to come to market in the modern collecting era, an Imperial Ming dynasty embroidered silk thangka sold for HK$310m (£27m) at a Christie’s latest Chinese art series in Hong Kong.

Bern accepts Gurlitt bequest: disputed works to be returned

01 December 2014

The Kunstmuseum Bern’s announcement that it would accept the Gurlitt bequest (aside from any Nazi-looted art) has been followed by a pledge by Germany’s culture minister to return the disputed Matisse and other works to the families of their original owners.

DNA pioneer’s medal for sale

01 December 2014

Christie’s New York are offering the 1962 Nobel Prize gold medal awarded to Dr James D. Watson, one of the world’s greatest living scientists.

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Where did you get that €1.5m hat?

26 November 2014

Arguably the most famous historic figure in French history and a princely provenance proved an irresistible combination earlier this month in France when a collection of Napoleonic memorabilia formed by the Grimaldi dynasty of Monaco went under the hammer.

Young Guns target America

24 November 2014

Antiques Young Guns has announced it will launch the brand in the USA in 2015 through a new partnership with US Antiques Shows (USAS).

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O’Keeffe sets $39.5m female artist record

24 November 2014

New York has witnessed some spectacular auction prices of late and another came last week as ‘Jimson Weed/White Flower No. 1’ by Georgia O’Keeffe (1887-1986) was knocked down at $39.5m (£26.3m) at Sotheby’s American art sale.

Bonhams set date for Contemporary HK sale

24 November 2014

Bonhams will their launch their sales of Modern and Contemporary Art from Asia in Hong Kong on March 15 during the ‘Art Basel Hong Kong’ week.

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New high for timepiece at auction

18 November 2014

Sotheby’s Geneva managed to grab the headlines when the Henry Graves Supercomplication set a record for a timepiece at auction.

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Warhol’s Elvis helps Contemporary art frenzy reach record levels

17 November 2014

Christie’s latest evening sale of Contemporary art in New York posted a premium-inclusive total of $852.9m (£557.4m), a new record for any auction.

TEFAF unveil their new idea for hooking the big fish at Maastricht

13 November 2014

Visitors to ‘TEFAF Maastricht’ 2015 will be greeted by a revamped entrance to the fair alongside a new ‘curated space’ of work by post-Modern and contemporary artists to tie in with the ‘TEFAF Modern section’.

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Claudel launches new home for Paris étude

12 November 2014

Piasa are not the only Paris étude to have moved to new premises this autumn. Cornette de Saint Cyr have now opened their new saleroom in a 19th century hôtel particulier on the avenue Hoche near the Parc Monceau.

Christie’s New York target more private sales

10 November 2014

Christie’s are to extend their ground-floor exhibition space at Rockefeller Plaza in the heart of Manhattan to boost private sales.

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Giacometti’s Chariot leads the charge at Sotheby’s $370m record sale

10 November 2014

Works by Édouard Manet, Vincent van Gogh, Alberto Giacometti and Amedeo Modigliani were the highlights of the latest series of Impressionist & Modern art series in New York.

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Hong Kong fair in focus

27 October 2014

Visitors admire a stand at the 10th edition of Fine Art Asia in Hong Kong, staged from October 4-7 in the Hong Kong Convention and Exhibition Centre, against a backdrop of the pro-democracy protests in the city.

Christie’s open Shanghai HQ

27 October 2014

Christie’s have opened their new exhibition space and office in Shanghai at the Ampire Building, near the Bund.

Christie’s revamp Asian art sales across London and Paris

24 October 2014

Christie’s have reorganised the sale schedule for their future auctions of Chinese works of Art in Europe making some significant changes.

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Haughtons prepare to welcome Mallett to New York fair

13 October 2014

Mallett’s first major outing following the announcement of the Stanley Gibbons deal will be at Brian and Anna Haughton’s 26th International Fine Art & Antiques Show in New York from October 17-23.

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Sotheby’s to offer Van Gogh flowers for $30m-$50m

03 October 2014

Still Life, Vase with Daisies, painted by Vincent van Gogh at the home of his physician Paul Gachet just weeks before he died, carries an estimate of $30m-50m at Sotheby’s New York on November 4. It will be on view in London from October 12-18.

Sotheby's go retail on wine in Hong Kong

26 September 2014

Sotheby's have made their first foray into the wine retail market by opening their first wine store in Hong Kong.

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