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.
Chinese help Fine Art Society to best return in 131 years
18 December 2007BUSINESS from China increased fivefold for the Fine Arts Society in 2007, helping to bring the company the highest turnover in their 131-year history.
Diva who can still hit the high notes 30 years on
18 December 2007There is nothing quite like dying young for genius to acquire immortality. An object lesson in this came with the predictably frantic bidding from the four corners of the world at the sale of some effects once belonging to Maria Callas. The total of €1.3m (£900,000) trebled expectations.
Something to raise the Christmas spirits
18 December 2007Christie’s held the first auction of spirits in New York since Prohibition on December 8.
Is this the finest sculpture on earth?
10 December 2007It is only 3.25in (8cm) high, but it made more than any sculpture or antiquity ever offered at auction.
Two January Armory fairs under threat
19 November 2007Stella Show Management have said that Antiques at the Armory, the January 18-20 antiques show at the 69th Regiment Armory in New York City, will go ahead as planned.
Salander to go bankrupt
12 November 2007Lawrence B. Salander, the embattled Manhattan art dealer, has filed for Chapter 11 personal bankruptcy protection citing debts of between $50m and $100m.
Weak dollar leads to US antiques gold rush online
05 November 2007Auction houses and antiques malls in the United States are reporting a surge in overseas buying on the internet thanks to the weak dollar.
Dandois and Steinitz light up New York
05 November 2007When the last of the 823 lots in the sale of the contents Ariane Dandois’ Gallery on the Faubourg St Honoré in Paris was hammered down by Sotheby’s on October 26, it provided a $32.2m (£16.9m) grand finale to a month of sales devoted to traditional areas of the decorative arts in New York.
Arthur James to move out of Delray Beach
05 November 2007Leading Florida auction business Arthur James Galleries of Delray Beach is for sale.
NY Asia Week: downtown fair moves upmarket
05 November 2007DATE changes for Arts of Pacific Asia at the 69th Regiment Armory on Lexington Avenue mean the event effectively launches the 2008 New York Spring Asia Week.
Now bank reveals $40m claim against Salander-O’Reilly
05 November 2007A private San Francisco bank has emerged as one of the largest creditors of Salander-O’Reilly Galleries.
Sotheby’s up the stakes in Paris
29 October 2007Sotheby’s have posted their highest price in Paris since the French auction market was opened to foreign firms in 2001.
French Auction Weekend 2007
29 October 2007FRENCH auctioneers are to hold their next open weekend of events on November 17-18.
Salander-O’Reilly lawyer says gallery is likely to file for bankruptcy soon
29 October 2007New York Old Master dealers Salander-O’Reilly are expected to file for bankruptcy after a state judge ordered their gallery to be closed indefinitely.
Dadd sketch heads for the Met in New York
29 October 2007Art dealer Andrew Sim has sold a watercolour by Richard Dadd (1817-1886) to the Metropolitan Museum in New York. It is the first work by the enigmatic Victorian artist to enter the museum’s vast art collection.
Fresh blow for New York gallery as they lose landmark show
22 October 2007Whitfield Fine Art pull out as Salander-O’Reilly’s multi-million dollar legal problems escalate
Troop movements and building work hit two New York shows
15 October 2007Two January fairs run by Stella Show Management in New York are under threat from construction problems and the occupation of an armory building by the National Guard.
French look to scrap due diligence in bid to protect their art market
15 October 2007THE French government are so concerned about their dwindling share of the global art market that they have come up with a four-point plan to rescue it. They include a measure that effectively calls for the scrapping of due diligence for auctioneers.
French auctioneers get a taste of the British antiques scene
08 October 2007A delegation of 17 members of the Syndicat National des Maison de Ventes Voluntaires (SyMEV, the main body representing French auctioneers) was in England last week for a three-day study tour investigating different aspects of the UK market.
Landmark sale as Perot offers Magna Carta for $30m
01 October 2007What price one of the most important legal documents in the history of democracy? On December 10, Sotheby’s New York will offer for sale one of just 17 surviving 13th century copies of Magna Carta.
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