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.
Image gallery: 12 highlights from TEFAF Maastricht 2017
23 February 2017The launch of two annual New York fairs may have given TEFAF roots in another continent but the Maastricht fair remains the ‘mothership’ of the organisation. For most of the 270 dealers exhibiting, the event represents a crucial part of the financial year as they vie to attract collectors and institutions from across the world buy the best items they have to offer. The 30th edition of TEFAF Maastricht opens on March 10 (with an invitation-only preview on the day before) and runs until March 17. Here are 12 highlights from around the stands.
Bonfire on the beach: Danish artist’s last masterwork comes to auction
22 February 2017This dramatic study for the last masterwork produced by the Danish artist Peder Severin Kroyer (1851-1909) will be one of the highlights of the paintings and drawings sale at Bruun Rasmussen in Copenhagen later this month.
TEFAF features treasures loaned from the Galleria Borghese in tribute to classic collector
21 February 2017Treasures from the Galleria Borghese in Rome will feature in a loan exhibition at this year’s TEFAF Maastricht.
Imperial taste: Ming ‘masterpieces’ go to auction in New York
20 February 2017A selection of Ming dynasty objects are to be offered for sale at Sotheby’s New York next month.
Former dealer Ben Walker joins Bonhams as head of design in US
20 February 2017Bonhams has announced the appointment of Ben Walker as head of modern and decorative art and design in the US.
Falcon Fine Art enters into Belgium lending market
17 February 2017Financier Falcon Fine Art has completed its first art lending deal in Belgium. The firm helped a collector in Belgium borrow against the value of a collection of 19th century “museum-quality” paintings and sculpture.
Oprah Winfrey sells $150m Klimt portrait to Chinese buyer
10 February 2017Oprah Winfrey has been revealed as the buyer of Gustav Klimt’s Portrait of Adele Bloch-Bauer II from Christie’s in 2006 after reports emerged that she sold the painting last year for a $63m profit.
Van Gogh Museum unveils new high-tech print series in London
09 February 2017The Van Gogh Museum has unveiled a series of prints of nine works by the great artist recreated with three-dimensional technology.
Christie’s promotes Dirk Boll as EMERI president
07 February 2017Christie’s has promoted Dirk Boll to president of its Europe, Middle East, Russia and India division, reporting directly into chief executive Guillaume Cerutti.
White Cube signs up for TEFAF New York as exhibitor list given modern focus
06 February 2017TEFAF has released the exhibitor list for its second fair in New York which runs at the Park Avenue Armory next May. Among the new galleries signing up is Contemporary art powerhouse White Cube.
Geneva art trade to crack down on money laundering with new guidelines
06 February 2017Art dealers, lawyers and consultants have launched a new code of conduct to try to improve the image of the art market in Geneva.
Dealer involved in $80m New York art forgery scandal sentenced
02 February 2017A judge has ruled that the New York art dealer involved in the $80m forgery scandal that brought down the Knoedler gallery will not serve further prison time.
French dealer claims he destroyed $100m of paintings from 'Spider-Man' art theft
01 February 2017A co-defendant of the accused art thief known as 'Spider-Man' told a court room in France he had destroyed five paintings worth more than $100m.
Napoleon’s object of desire – gold ring given to future Emperor's young love emerges at auction
01 February 2017A gold ring set with a carved ivory scene given by the young Napoleon Bonaparte to an early love, Caroline du Colombier, is coming up for auction in Fontainebleau, France next month.
Slideshow – seven key lots from New York’s Old Master auction series
31 January 2017The latest series of Old Master auctions in New York posted a total of $52.662m (£41.8m) including premium. With Christie’s moving their main sales in this category to April, this figure was always bound to come in below the $113.3m (£78.14m) for the equivalent series last year. Yet, the auctions performed relatively well overall and provided a decent selection of individual highlights, seven of which are pictured here.
Italian armour from very different eras
28 January 2017IN ATG No 2271 we covered a set of Japanese armour from the Rudolf Ott collection sold at Hermann Historica (23% buyer’s premium) on October 24-November 5.
Thousands of artefacts and cultural goods seized in Europe-wide police operation
27 January 2017A suspected art smuggling ring has been busted after Europol and police across 18 countries helped seize 3561 works of art and cultural goods.
The Irish Easter Rising 1916 medals and memorabilia market
25 January 2017Easter Rising 1916 memorabilia may be treasured now by collectors, especially after last year’s centenary, but a medal just sold at auction in Ireland once ended up in a bin rather than proudly displayed.
Ex-Christie’s specialist Brooke Lampley becomes vice chairman of Sotheby’s fine art division
24 January 2017Sotheby's have appointed Brooke Lampley as vice chairman of their Fine Art division. She will join the company after 12 years at rival Christie’s.
Another D-Day Utah Beach landing craft flag surfaces at auction
23 January 2017Not many wartime flags survive to be sold at auction due to their inevitably fragile nature, but those flown by Allied forces during the D-Day landings must have been particularly precious as mementos.
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