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.
Gold prices down
01 July 2013The price of gold has continued to drop, falling to its lowest level in almost three years, after the US Federal Reserve said it will be winding down its quantitative easing programme.
Grundy collection sets Australian record for single-owner sale
01 July 2013Fred Williams’ ‘You Yangs Landscape 1’ of 1963 made the highest price of the 89-lot sale of Australian art from the Reg Grundy and Joy Chambers-Grundy collection when it sold for Aus$1.9m (£1.2m).
The £20m Persian carpet
10 June 2013A sickle-leaf carpet from the William A. Clark collection has set a new auction record for a Persian carpet after selling for $30m (£20.5m) at Sotheby’s New York.
Stella bow out of antiques as GLM expand
03 June 2013Two of Manhattan’s largest and best-known antiques shows are now under new management following the acquisition of the ‘Pier Antiques Show’ and the ‘Antiques at the Armory Show’ by GLM from Stella Show Management.
Nagel toast €2.8m German Oriental art record
28 May 2013Stuttgart auctioneers Nagel achieved a new German auction record for Oriental art when they sold a Yongzheng mark and period wine pot and cover for €2.8m (£2.37m).
Rare medal from the 1904 Olympics
28 May 2013If you want to complete a collection of Olympic participation medals, then one in particular – that made for the 1904 Games in St Louis – is going to cost you a lot of money.
New York law change aims to protect artists when galleries go bust
20 May 2013Dealers in New York can no longer use works consigned to them for sale by artists – or monies raised from their sale, beyond their own commissions – as debt collateral.
Christie’s toast ‘highest total in auction history’
16 May 2013Christie’s evening sale of Contemporary art in New York last night posted a hammer total of $435.5m (£294.2m).
Soutine’s pastry chefs leads Christie’s sale in New York
09 May 2013A painting by Chaim Soutine (1893-1943) entitled ‘Le petit pâtissier’ was the top lot of Christie’s latest evening sale of Impressionist & Modern art in New York.
Cézanne’s Apples take $37m – the top pick at Sotheby’s
08 May 2013Paul Cézanne’s ‘Les pommes’ led the way at Sotheby’s latest evening sale of Impressionist & Modern Art in New York.
For sale: Australia’s first federal banknote
07 May 2013It has a face value of ten shillings but a price tag of Aus$3.5m (£2.3m) at Coinworks, the specialist dealers and auctioneers of Melbourne.
New saleroom force for Melbourne as Leski merge with Mossgreen
07 May 2013Two auction houses are joining forces in the latest shake-up to affect the Melbourne scene.
Couture cache to be sold off
07 May 2013Paris auctioneers Gros & Delettrez have announced the sale of 350 lots of haute couture from Danielle Luquet de Saint Germain, muse to the late Yves Saint Laurent in the 1960s, and later an artistic advisor at Dior.
Nahmad charged in gambling case
07 May 2013Art dealer Hillel ‘Helly’ Nahmad, the high-profile owner of the Helly Nahmad Gallery in New York, has been named on a list of people charged with running an illegal gambling business.
Pilot sale sheds light on what Chinese buyers like among Western chattels
30 April 2013A major new marketplace or simply a case of wishful thinking? That was the question as the Association of Accredited Auctioneers (Triple-A) and their Beijing-based partners, Huachen Auctions, held a much-heralded auction in south east China.
Ritz discovery sets new record for Le Brun at Christie’s
29 April 2013The Charles Le Brun oil on canvas discovered hanging in the Paris Hôtel Ritz proved to be the high point of Christie’s latest sale of Old Master and 19th century paintings in Paris.
Cross-promotion deal for Fine Art Asia and Masterpiece
24 April 2013‘Masterpiece London’ has announced a link with Hong Kong’s ‘Fine Art Asia’ this year, with the incorporation of a Hong Kong Pavilion at the fourth edition of the London fair from June 26-July 3.
Bowl sets new Kangxi record at £5.8m
22 April 2013A new auction high for Qing Kangxi porcelain was established in Sotheby’s latest spring sale series in Hong Kong.
Francis Crick letter revealing DNA sells at $5.3m
22 April 2013A letter written by pioneering scientist Dr Francis Crick containing what is probably the first description he gave of the discovery of DNA has been sold for a world auction record.
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