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.
Legislation seeks to regulate New York auctions
01 March 2010MORE transparency and regulation at New York auctions is promised if a bill recently introduced in the state legislature is passed.
European Arrest Warrant sees dealer taken into custody again
22 February 2010A DEALER who says his career has been ruined by trumped-up charges in the Greek courts has been arrested again – even though he is currently appealing against the conviction and three-year jail sentence.
Court order the latest salvo in eBay legal saga
22 February 2010EBAY’s legal fortunes continue to seesaw, with a Paris court ordering them to pay 230,000 euros to Louis Vuitton Malletier in costs and damages.
LAPADA prepare for March trade mission to Moscow
22 February 2010LAPADA are hoping to tap directly into the luxury goods market during a special trade mission to Moscow next month.
China Guardian release record results
22 February 2010BEIJING-based auction house China Guardian has published record sales results for 2009.
Lehman Brothers sale rescheduled
15 February 2010FOLLOWING the severe winter weather that has struck the East Coast of the US, Freemans of Philadelphia chose to postpone for a week the sale of the Lehman Brothers Collection Part II.
Sweeping reforms at the Drouot after police crackdown
11 February 2010Faced with the biggest crisis in its history, the Hôtel Drouot, the central Paris auction venue, has announced sweeping changes to how it is run.
$5.2m bid smashes previous record for American silver
11 February 2010John Ward, head of Sotheby’s New York silver department, said it was the piece of American silver that had it all: “Large size, great condition, beautiful design by an idiosyncratic maker, fresh provenance, and a great story.”
New coins auctions firm
11 February 2010INTERNATIONAL Coin Exchange, a new firm of Dublin-based auctioneers, will hold their first sale on February 19.
Museums active at Old Masters auctions in New York
01 February 2010MAJOR American museums played an active role as both buyers and sellers in the latest Old Master sales in New York.
Munich alliance for Dreweatts and Bloomsbury
01 February 2010BLOOMSBURY Auctions and Dreweatts have announced an alliance with Hermann Historica, the German specialist auctioneers in arms, armour and militaria.
Auction sales drop an average of 20% in Paris
25 January 2010IN a year dominated by Christie’s blockbuster 342m euros (£308m) sale of the Bergé/St-Laurent Collection, most Paris auctioneers reported a fall in sales averaging around 20 per cent. There were, however, signs of confidence returning to the market.
Drouot takes tough stand over arrests
25 January 2010DROUOT President Georges Delettrez has announced “strong measures with immediate effect” after nine members of staff at the central Paris saleroom (eight warehousemen and one auctioneer) were charged with “criminal association and organised theft” in early December.
London Jewish Museum scoops Chagall for £26,000
18 January 2010THE London Jewish Museum of Art (the Ben Uri Gallery) have announced that they have purchased a crucifixion by Marc Chagall for what they believe to be a fraction of its real value at a Paris auction.
New scientific technique for spotting fakes using ‘visual signature’
18 January 2010SCIENTISTS in the United States have unveiled a ground-breaking piece of technology to identify fake pictures.
Parties settle over Picasso ‘sold under duress’
11 January 2010AN agreement over the disputed Blue Period Picasso painting The Absinthe Drinker may well lead to a clearer legal definition of what constitutes art sold under Nazi duress.
Haughtons’ New York Fine Art Fair facing the axe
04 January 2010THE recession continues to take a heavy toll on the New York fairs scene and the first casualty of the new year looks set to be the Haughtons' International Fine Art Fair.
Hong Kong sales solid across the board
22 December 2009WHAT the latest Asian auction series in Hong Kong lacked in terms of headline-grabbing 18th century Imperial blockbusters, it more than made up for in solid performances across the board.
Christmas Carol at the top of the tree
22 December 2009A COPY of A Christmas Carol has now knocked Oliver Twist off the top of the tree to become the most expensive Dickens title ever sold at auction.
Multiple arrests as police raid the Hôtel Drouot
07 December 2009THE Hôtel Drouot was rocked to its foundations on December 2 after a massive police swoop ended with 12 people being taken into custody on suspicion of organised theft.
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