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.
Couture cache to be sold off
07 May 2013Paris auctioneers Gros & Delettrez have announced the sale of 350 lots of haute couture from Danielle Luquet de Saint Germain, muse to the late Yves Saint Laurent in the 1960s, and later an artistic advisor at Dior.
Nahmad charged in gambling case
07 May 2013Art dealer Hillel ‘Helly’ Nahmad, the high-profile owner of the Helly Nahmad Gallery in New York, has been named on a list of people charged with running an illegal gambling business.
Pilot sale sheds light on what Chinese buyers like among Western chattels
30 April 2013A major new marketplace or simply a case of wishful thinking? That was the question as the Association of Accredited Auctioneers (Triple-A) and their Beijing-based partners, Huachen Auctions, held a much-heralded auction in south east China.
Ritz discovery sets new record for Le Brun at Christie’s
29 April 2013The Charles Le Brun oil on canvas discovered hanging in the Paris Hôtel Ritz proved to be the high point of Christie’s latest sale of Old Master and 19th century paintings in Paris.
Cross-promotion deal for Fine Art Asia and Masterpiece
24 April 2013‘Masterpiece London’ has announced a link with Hong Kong’s ‘Fine Art Asia’ this year, with the incorporation of a Hong Kong Pavilion at the fourth edition of the London fair from June 26-July 3.
Bowl sets new Kangxi record at £5.8m
22 April 2013A new auction high for Qing Kangxi porcelain was established in Sotheby’s latest spring sale series in Hong Kong.
Francis Crick letter revealing DNA sells at $5.3m
22 April 2013A letter written by pioneering scientist Dr Francis Crick containing what is probably the first description he gave of the discovery of DNA has been sold for a world auction record.
Will this be the world’s most expensive book?
22 April 2013Familiarly known as the Bay Psalm Book, one of the finest surviving copies of the first book printed in what is now the USA is expected to become the world’s most expensive book at Sotheby’s New York in November.
UK’s £8m consignment for China arrives safely
19 April 2013Fine art, antiques and collectables worth £8m, consigned from the UK by a consortium of regional auctioneers, arrived safely and without incident in China in time for a ground-breaking sale at the Xiamen Free Port in Fujian Province.
Historic mansion in Ireland gives up its treasures
15 April 2013Fonsie Mealy Auctioneers are selling hundreds of items from Fort William, a quirky Tudor Revival-style mansion in Lismore, Co Waterford, Ireland.
Christie’s to hold sales in Shanghai
15 April 2013Christie’s are to hold auctions in Shanghai from this autumn, making them the first international fine art auction company to win a licence to operate independently in mainland China.
Paris auction shows demand for classic art
15 April 2013The latest mixed-owner sale of Old Masters, furniture and objets d’art in Paris held at Drouot by Beaussant Lefèvre saw some estimate-crushing prices and two pre-emptions by the Louvre.
Christie’s to cut back their Dutch operation
08 April 2013Christie’s are scaling down their Dutch operation with substantially fewer staff and a pared-down sales schedule designed to reflect the international auction calendar.
Elvis and The Beatles top charts again
02 April 2013If ever there was a single record that could lay claim to truly starting the Rock and Roll era, it must be Elvis Presley’s first single ‘That’s all right (Mama)’, recorded in Memphis in July 5, 1954.
TEFAF unveil plans for a new fair in China
26 March 2013TEFAF have announced that they are in discussions with Sotheby’s about the possibility of launching a high-end art fair in mainland China next year.
Ibeji figures highlight sale in New Zealand
21 March 2013This pair of heavily carved Ibeji figures are one of the highlights at Webb’s Oceanic & African Arts sale on March 26 in Auckland, New Zealand.
The Holey grail of Australian coins
18 March 2013A private collector has paid a record Aus$495,000 for one of Australia’s first coins, the so-called Holey Dollar.
Global art market valued at €43bn
15 March 2013The latest TEFAF market report values the global art market at €43 billion for the last year. The figure was 7% down the previous year, but the fall is wholly explained by a €3.5bn decline in sales in China.
UK auction houses head for China with £8m consignment
11 March 2013Fine art, antiques and collectables worth £8m, consigned from the UK by a consortium of regional auctioneers, are currently on a container ship heading to China.
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