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.
France to have Lagerfeld pictures
01 May 2000US & FRANCE: TWO works by Philippe de Champaigne have been withdrawn from the sale of the Karl Lagerfeld collection, in New York on May 23, and offered to the French State.
New York financier Saul Steinberg to sell his Old Master collection
24 April 2000US: NEW York financier Saul Steinberg is to sell his collection of 61 Old Master paintings through the New York art dealer Richard Feigen. With obvious carrots dangled by the leading auction houses for such an important collection, conservatively valued at some $52m, this is a major fillip for the fine art trade.
Vorsprung durch technik – German retail law changes
17 April 2000GERMANY: New technology looks set to cause a leap forward in German retail practice.
Phillips scoop the big two over major paintings
10 April 2000UK & US: PHILLIPS’ traditional reputation as the permanent poor relation of Sotheby’s and Christie’s at the top end of the international art market could be turned on its head by a clutch of high value consignments soon to be offered in London and New York.
Austrian auctioneers fear political backlash on sales
20 March 2000AUSTRIA: THE ENTRY of Jörg Haider's far-right Freedom Party into the Austrian government could have repercussions for the country's art market, warns Otto Hans Ressler, director of Austria's second-largest auction firm Wiener Kunst.
Now Pinault buys Piasa
13 March 2000FRANCE: ARTEMIS, the holding company belonging to Christie’s owner François Pinault, have acquired the Paris auction group Piasa.
Lester eyes New York
27 February 2000US: FLORIDA-based organiser David Lester is negotiating for a new fair in New York City, possibly to be launched as early as October this year.
Collusion probe latest
27 February 2000US: THE sudden resignations of Sotheby's chief executive Diana 'Dede' Brooks and chairman Alfred Taubman have come in the wake of the investigation into alleged commission fixing which has seen the company's stock plummet by 60 per cent since the start of this year.
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.
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