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.
French auction reform advances
27 February 2000FRANCE: THE French auction law reform bill had its second reading in the Senate on February 23 and, according to National President Gérard Champin, “90 per cent of the text has now been approved”.
LVMH buy Tajan
21 February 2000FRANCE: PHILLIPS' new owners, luxury goods group LVMH Moët Hennessy Louis Vuitton, are to acquire Tajan, the leading French auction house.
Poulain move ahead of Piasa in Paris
14 February 2000FRANCE: THANKS in part to the Chateau de Groussay sale staged jointly with Sotheby's, Poulain-Le Fur moved ahead of Piasa in 1999 to rank second in Paris with sales of Fr285m (£27.5m).
New world auction record for a decoy
07 February 2000US: SETTING a new world auction record for a decoy, this sleeping Canada Goose c.1917, by renowned carver Elmer Crowell of East Harwich, Massachusetts, was estimated at $400,000-500,000 by Sotheby's, New York in a joint sale with Guyette and Schmidt of Maine, but sold to Boston dealer Stephen B. O'Brien Jr in the room on behalf of a client at $620,000 (£375,760) plus premium on January 23.
Clamour for Artprice.com shares
07 February 2000FRANCE: FRENCH online auction information company Artprice.com became the first dot.com business to hit the Nouveau Marché Paris on Friday January 21. Its stock was placed at Fr125 (£11.67) per share and the 1.15m shares on offer represent 18.4 per cent of the company capital.
Harry Kernoff oil of a Dublin cab
07 February 2000EIRE: ONE of a number of remarkable prices achieved at James Adam & Bonhams' Irish Art sale on December 8 was the record IR£50,000 (£41,665) given for Harry Kernoff's 1936 oil of a Dublin cab.
Auction law reform takes its first steps in France
10 January 2000FRANCE'S auction reform bill was given its first reading in the Assemblée Nationale (Lower House) on December 21/22.
French and German doubts on resale rights
20 December 1999EU: BRITAIN’S opponents on the droit de suite issue were in retreat last week with the emergence of telling evidence from France and Germany (the two main champions of artists’ resale rights) that the levy is both damaging to art markets and of little benefit to living artists.
Two new Paris premises
20 December 1999FRANCE: CHRISTIE’S France will start the new Millennium by relocating from Rue Paul-Baudry to new premises on Avenue Matignon, just off the Champs-Elysées and some 500 yards from Sotheby’s base on Rue du Faubourg St-Honoré.
Bonhams realise an American dream
20 December 1999UK: THE exceptional levels of demand recently seen for American pictures impacted on the London salerooms on the evening of December 14 when Bonhams achieved a record £1.4m for Richmond Hill in the Summer of 1862 by the Hudson River School painter Jasper Francis Cropsey (1823-1900).
Droit de suite in the balance
13 December 1999EU: THE FATE of the UK’s flourishing Contemporary and Modern art trade hung in the balance last week after the Government had continued its steadfast opposition to the introduction of droit de suite by frustrating an attempt to push through the directive at the Internal Market Council meeting.
Christie’s move in Paris
13 December 1999FRANCE: CHRISTIE’S will move into their new Paris headquarters at 9 Avenue Matignon at the centre of the art and antiques district of the 8th arrondissement on January 3.
Carracci curries favour at Pitchal
13 December 1999FRANCE: THIS anonymous oil-on-paper portrait by Annibale or Agostino Carracci sold 'for around £60,000' at Virginie Pitchal’s Mirror of the Soul exhibition at her Left Bank gallery.
Eames sculpture sets world record
06 December 1999US: AT Christie’s East in New York on November 27, in a sale which reinforced 20th century design as a major market mover, this moulded plywood sculpture by Ray and Charles Eames, dated 1943 and 3ft 11/2in (95cm) high, established a world record price of $330,000 (£206,250) for the designers, selling to a specialist Eames collector.
Drouot’s MP blasts Euro art tax policies
22 November 1999FRANCE: PIERRE Lellouche, député (MP) for the Drouot district of Paris, has called for the suppression of import VAT on art and a large cut in the rate of droit de suite, the artists’ resale levy.
Blue and white record
08 November 1999HONG KONG: There were major series of sales in Hong Kong for Sotheby’s and Christie’s last week with both rooms offering selections of Chinese ceramics and works of art, jewellery and paintings.
Sotheby’s unveil their new-look Manhattan HQ over ten floors
01 November 1999US: SOTHEBY’S have opened their new-look, custom-built Manhattan headquarters at 1334 York Avenue, New York, adding six new floors above the four which previously housed the auction house.
A fortune at your fingertips
25 October 1999SWEDEN at the end of the 19th century was the birthplace of notable inventors of mechanical music who later made their fortunes in America.
Van Gogh’s A Park in Spring
25 October 1999NETHERLANDS: Van Gogh’s oil landscape A Park in Spring, was the highlight of the inaugural exhibition to mark the opening of Sotheby’s new Netherlands headquarters on October 15.
Marilyn sale catalogue the biggest draw
25 October 1999US: PROFITS from the catalogue for Christie’s New York’s October 27 and 28 Marilyn Monroe auction may bring as much as the sale itself.
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