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.
Italian gang leaves pattern of duplicity
19 July 1999AT LEAST a dozen of the world’s top dealers appear to have lost goods as a result of a series of elaborate and sophisticated swindles carried out by a gang operating out of Northern Italy during the past nine months.
The strange tale of English Rimmonim
05 July 1999AMSTERDAM: MAKERS of Jewish ritual metalwork tended to be a relatively conservative breed – slow to respond to wider artistic cross-currents – but illustrated above are a pair of English silver Torah finials or Rimmonim, 161/2in (42cm) high, which demonstrate there are exceptions to the rule.
Droit de suite dropped as pressure pays off
28 June 1999EU: THE PROSPECT of droit de suite spreading throughout the European Union receded last week when the Internal Market Council found that resistance to the principle of artists’ resale rights had grown and the measure was shelved.
French turn on VAT...
21 June 1999FRANCE: AFTER YEARS of apparent indifference, the French Government appears to be preparing for a last-minute stand against art import VAT.
Droit de suite objectors rally at the last
21 June 1999HOPE was rekindled last week that a last-minute change of heart in Europe could kill off the imposition of the artists resale levy, droit de suite, in the UK.
Big changes for Phillips in US
14 June 1999PHILLIPS have announced the appointment of Mark O. Howald as managing director of Phillips-Selkirk in St Louis as of May 1, 1999.
Stock Market cash still drives Net sales
07 June 1999GERMANY: IN another fortnight of rapid developments in e-commerce, Artnet.com, specialist fine art service provider on the Internet, went public on May 17 when it offered shares in its parent company, artnet.com AG, on Frankfurt’s Neuer Markt stock exchange.
Buyers count the cost as State pre-empts entire château sale
01 June 1999FRANCE: THE FRENCH government’s apparent disregard for their art market, reflected by the repeated postponement of the auction reform (see above), was further illustrated by the dramatic last-minute cancellation of the sale of the contents of the former royal château at Randan in the Auvergne.
French auction reform – the bill is altered
01 June 1999FRANCE: A NEW date of June 10 has been set for the first parliamentary reading of the long-delayed bill reforming French auction system.
Mixed fortunes for New York art
24 May 1999US: THE bonanza of Impressionist and 19th century art sales in New York, headlined by the record $55m (£33.5m) hammer price paid for a Cézanne still life, has highlighted various trends in the market, not least the dominance of Post Impressionist works.
VAT row – how the EU fudged it
17 May 1999EU: THE publication on the Internet of the report compiled for the European Commission on the effect of doubling VAT on works of art imported for sale from outside the EC has exposed huge flaws in the Commission’s argument for pressing ahead with the increased tax, say leading members of the trade.
Reminder of an inevitable fate...
17 May 1999SWITZERLAND: WORKING for posterity with a fast-approaching deadline? Unconcerned about leaving those vital documents unfinished? Then perhaps you need the inspiration of this automaton – a perfect memento mori for the millennial slacker.
Sotheby’s told they can release Rossi lots
03 May 1999ITALY: SOTHEBY’S have been informed that they can release to their purchasers the 23 lots on which the Italian authorities had requested a review of export licences immediately prior to the three-day sale of the Rossi Collection which ended on March 12.
Time to pontificate
03 May 1999France: WAS it or wasn’t it? – This richly decorated skullcap, above, which appeared at Neuilly on April 15, was at the very least an outstanding piece of episcopal headgear.
Rare Ming bowl sets world auction record
03 May 1999HONG KONG: A WORLD auction price was set for Chinese porcelain when this extremely rare doucai chicken cup, from the Ming Dynasty, with the six-character mark and period of Chenghua, 1465-78, from the collection of Mrs Leopold Dreyfus, sold to Eskenazi Ltd of London for HK$25.4m (£2m) at Sotheby’s Hong Kong on April 27.
Zeppelins’ guide on stairway to Heaven
26 April 1999UK: JUST as rocket fuel was essential to the stratospheric aims of the V1 and V2 missiles towards the end of WW2, so the altigraph was mandatory to the success of Germany’s highest flying secret of WW1.
Basel goes on... without TEFAF
26 April 1999SWITZERLAND: TEFAF Basel, the sister fair to Maastricht, has broken all official ties with its founders TEFAF (The European Fine Art Foundation) who have handed over the organisation to Messe Basel, the exhibition hall which has hosted the fair since it was launched in 1995.
Military museum to sell off its collection
19 April 1999GERMANY: SOME of the most unusual and fascinating military vehicles ever built are to be auctioned on May 15 when the contents of the Historical and Technical Museum of Nümbrecht are sold off.
No copy... it’s the real thing
19 April 1999US: ON August 15 1876, nearly ten years after his fellow American inventor Christopher Scholes had offered the world its first ever typewriter, Thomas Edison patented an electric method for the small businessman to print and copy several documents.
Amos French collection beats hopes
19 April 1999FRANCE: THE dispersal of the Paul Amos collection of French medals, under the auspices of expert Sabine Bourgey at Piasa (10.854 per cent buyer’s premium) in Paris on March 8 represents an event for which we have to go back some years to find anything comparable.
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