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.
Seacrest library generates more sale gems
26 March 2018A signed and dated 1839 first (second issue) of Dickens’ Nicholas Nickleby was one of many lots in a Heritage (25/20/12% buyer’s premium) sale of March 7 that came from the library of James Seacrest, a Nebraska publisher and philanthropist, that were sold to benefit charities.
Germany special report: local experience, global ambitions
26 March 2018Three German auction houses tell how they aim to strike the right balance between bricks and mortar sales and enhancing the online experience. Paul Wheatley reports...
Buyers pack the aisles at Salon du Dessin opening
23 March 2018The Salon du Dessin opened this week for its 27th edition at the Palais Brongniart in the Bourse district of Paris. There was the usual mix of languages at this international event that draws collectors, dealers and curators to Paris from far afield to see what new discoveries the 39 exhibitors have bought to the specialist works on paper fair.
Mossgreen consignors to appear at court hearing in Sydney over collection fees
23 March 2018A large number of Mossgreen consignors are rapidly preparing their case to challenge the collection fees being charged by the administrators of the collapsed Australian auction house.
Historic blue diamond to be auctioned at Sotheby’s Geneva
22 March 2018A historic diamond will appear on the market for the first time in history this spring, having remained in the same family for over three centuries.
London dealer Robert Young buys viral #KarmaCycle sign with fellow folk art dealer from Brooklyn
22 March 2018When a Brooklyn resident had her bicycle stolen her response caught the attention of a London dealer.
Unprecedented collection of maps of Japan offered by Daniel Crouch Rare Books in Tokyo
21 March 2018Daniel Crouch Rare Books offers what is dubbed the largest collection of maps of Japan ever to come on the open market at this week’s Tokyo Book Fair.
Rubens portrait begins world tour in Dubai as auctioneer hopes to tap into Middle Eastern Old Master demand
19 March 2018Sotheby’s has chosen Dubai to unveil a Rubens painting it plans to offer later this summer in a bid to tap into the hoped-for demand for Old Master paintings in the Middle East.
Online sales hit ‘new high’ as market grows
19 March 2018Online channels are an increasing source of new buyers for both auction houses and dealers, despite the art and antiques sector being behind the wider economy when it comes to use of ecommerce, a new global report says.
Pick of the Week: Closing the shutter at a record €2m
19 March 2018A new record for a camera sold at auction was set by WestLicht in Vienna when one of only a handful of surviving Leica 0-series cameras – this one carrying the serial number 122 – sold at €2m (£1.76m) plus 20% buyer’s premium, to a private buyer from Asia.
Webb’s survives Mossgreen debacle
19 March 2018Two businessmen from Auckland have rescued New Zealand auction house Webb’s from administration after the collapse of parent company Mossgreen.
Core allegations dropped in Russian ‘fakes’ case
19 March 2018An investigation in Germany into an Israeli art dealer, charged with being the ringleader of an international fraud ring, has concluded after the two central allegations against him were dropped.
TEFAF Maastricht 2018: less footfall but fair expectations delivered in final sales report
19 March 2018The 2018 edition of TEFAF Maastricht closed yesterday with a number of dealers telling ATG they had a better fair than they initially expected.
Auction previews from Paris, Pennsylvania and Zurich
19 March 2018A selection of stand-out lots from sales in Paris, Pennsylvania and Zurich.
Comic book news flashes
19 March 2018A previously unknown copy of the Golden Age comic that heralds the arrival of Batman sold for a premium-inclusive $569,000 (£410,000) in York, Pennsylvania last week.
Flemish Proverbs – Abel Grimmer painting with a tale to tell at Madrid auction
15 March 2018Alongside his series of months and seasons, and his representations of evangelical parables, the Flemish painter Abel Grimmer (c.1570-1618/9) created many works depicting proverbs, which were popular in an era shaken by the Counter-Reformation.
Connections at TEFAF: the story of the 17th century salt cellar showing the flow of ideas between East and West – Video
14 March 2018Highlighting the breadth of art and antiques across different categories at the TEFAF Maastricht fair, two pieces on separate stands helped tell the story of the development of the salt cellar in the 17th century.
Chinese works of art chief Nicolas Chow becomes chairman of Sotheby’s Asia
14 March 2018Sotheby’s has promoted Nicolas Chow to chairman of Sotheby’s Asia. He has risen through the ranks of the company as the Chinese art market has grown rapidly since he joined Sotheby’s in 1999.
Halfway mark passed as sales tally continues at TEFAF Maastricht
13 March 2018Among the dealers reporting steady sales during the first few days of TEFAF Maastricht’s 31st edition were Rupert Maas and Alon Zakaim. The two exhibitors spoke to ATG about business at the fair so far and were asked to discuss one individual painting on their respective stands.
Handbags in Hong Kong for coin and stamp specialist Spink
12 March 2018Coins, banknotes and stamps specialist Spink has expanded its sales programme into the growing auction sector of luxury handbags.
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