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.
King and its crown to be reunited – privately
31 March 2014A group of private collectors from China’s Hunan province have privately purchased the famed Min Fanglei, a bronze ritual wine vessel from the Late Shang or Early Western Zhou period due to be sold in New York last month.
Sotheby’s forced to buy back $83m pink diamond
24 March 2014Sotheby’s have had to buy back the 59.60 carat flawless fancy vivid pink diamond they sold in Geneva last November for a world record $83m.
US share of booming art market grows
20 March 2014New York has firmly reinforced its status as the capital of the global art market with a 25% growth in the value of US sales last year.
€20.5m magic of Marcilhac name
20 March 2014A packed saleroom and a continuous barrage of phone bids combined to ensure a near sell-out, multi-estimate result at Sotheby’s in Paris for their three-session auction (in association with Artcurial) of the collection of Félix Marcilhac.
Early sales at TEFAF Maastricht
20 March 2014Bright spring sunshine greeted the opening of this year’s TEFAF Maastricht in sharp contrast to last year when freak snowfall disrupted many visitors’ travel plans to the southern Netherlands.
Dealers head across the Channel to sample French attractions
07 March 2014A small contingent of dealers from the UK are currently travelling to Paris for the launch of Cipolat SA’s new biannual antiques fair.
Christie’s to offer important Old Master drawings collection
27 February 2014Christie’s has announced a major consignment of Old Master drawings which will be offered over the next two years in a series of sales in London, Amsterdam and Paris.
US include antiques in ivory ban
25 February 2014A ban on the commercial trade in elephant ivory “except in a very limited number of circumstances” announced by the USA this month promises far-reaching consequences for the antiques trade.
US Ivory Ban: The White House Policy Document
25 February 2014Fine Art Asia to launch Beijing fair
18 February 2014Hong Kong’s Fine Art Asia fair organisers have announced that they will launch ‘Guardian Fine Art Asia’ (GFAA), the Beijing edition of the event, in May this year.
Winter Olympic gold – torches scoop top prices
17 February 2014Like those London buses where you wait forever then two come along at once, two versions of a rare Olympic torch limited to just 33 examples turned up in separate Drouot auctions in Paris within the space of just ten days.
Piasa move to bigger headquarters in Paris
14 February 2014Paris auction house Piasa will move this spring to a new location at 118 rue du Faubourg St-Honoré, the prestigious Right Bank shopping street, home to art and antiques galleries and to Sotheby’s Paris.
French cabinet at Copenhagen auction
11 February 2014This 19th century French ormolu-mounted boulle side cabinet is attributed to the Paris-based ébéniste-marqueteur Mathieu Befort (1813-80).
Looking ahead to South African art sales
10 February 2014Last October, South Africa House in Trafalgar Square, London hosted an exhibition of artworks in the image of, and inspired by, Nelson Mandela.
Illuminated manuscript takes $12m at Christie’s
03 February 2014The book of hours known as The Rothschild Prayerbook sold for $12m (£7.55m) at Christie’s in New York.
Paris auctioneers suspended over sham bidding and other misdemeanours
03 February 2014A Paris auction firm has been banned from holding sales for nine months and two of its auctioneers suspended for three months following a disciplinary hearing by the government body appointed to oversee auction practice in France.
Spanish tax cut to boost art trade
03 February 2014The Spanish government have cut the tax on sales of works of art by more than half from 21% to 10% as a means of boosting trade.
Paris sales hold up well in a difficult year
21 January 2014The annual sales figures issued for several of the major French auction houses (or French branches of international auction houses) showed that for many, though not all, they saw an increase over the previous year despite what has been a difficult economic climate.
Lester and French syndicate launch a new fair in Miami for February
20 January 2014Next month, the fairs frenzy in Florida sees a new arrival on the scene: ‘Miami Art + Design (MA+D)’ from February 14-18 to be held in a new circular waterside pavilion at Bayfront Park in downtown Miami.
Gold Aureus takes $130,000 at New York sale
13 January 2014Baldwin’s and their partners began 2014 in style at the ‘New York International Numismatic Convention’.
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