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.
NY Asia Week: downtown fair moves upmarket
05 November 2007DATE changes for Arts of Pacific Asia at the 69th Regiment Armory on Lexington Avenue mean the event effectively launches the 2008 New York Spring Asia Week.
Now bank reveals $40m claim against Salander-O’Reilly
05 November 2007A private San Francisco bank has emerged as one of the largest creditors of Salander-O’Reilly Galleries.
Sotheby’s up the stakes in Paris
29 October 2007Sotheby’s have posted their highest price in Paris since the French auction market was opened to foreign firms in 2001.
French Auction Weekend 2007
29 October 2007FRENCH auctioneers are to hold their next open weekend of events on November 17-18.
Salander-O’Reilly lawyer says gallery is likely to file for bankruptcy soon
29 October 2007New York Old Master dealers Salander-O’Reilly are expected to file for bankruptcy after a state judge ordered their gallery to be closed indefinitely.
Dadd sketch heads for the Met in New York
29 October 2007Art dealer Andrew Sim has sold a watercolour by Richard Dadd (1817-1886) to the Metropolitan Museum in New York. It is the first work by the enigmatic Victorian artist to enter the museum’s vast art collection.
Fresh blow for New York gallery as they lose landmark show
22 October 2007Whitfield Fine Art pull out as Salander-O’Reilly’s multi-million dollar legal problems escalate
Troop movements and building work hit two New York shows
15 October 2007Two January fairs run by Stella Show Management in New York are under threat from construction problems and the occupation of an armory building by the National Guard.
French look to scrap due diligence in bid to protect their art market
15 October 2007THE French government are so concerned about their dwindling share of the global art market that they have come up with a four-point plan to rescue it. They include a measure that effectively calls for the scrapping of due diligence for auctioneers.
French auctioneers get a taste of the British antiques scene
08 October 2007A delegation of 17 members of the Syndicat National des Maison de Ventes Voluntaires (SyMEV, the main body representing French auctioneers) was in England last week for a three-day study tour investigating different aspects of the UK market.
Landmark sale as Perot offers Magna Carta for $30m
01 October 2007What price one of the most important legal documents in the history of democracy? On December 10, Sotheby’s New York will offer for sale one of just 17 surviving 13th century copies of Magna Carta.
It’s ‘business as usual’ say Antiquorum as ex-boss gears up for legal battle
01 October 2007Antiquorum, the world’s leading watch auctioneers, insist it will be “business as usual” following the shock departure this August of the Geneva firm’s charismatic founder, Osvaldo Patrizzi, after a row with Japanese owners Artist House Holdings, who acquired Antiquorum for a reported $30m in 2006.
Antiques with Saks appeal
01 October 2007WE have heard a lot about antiques being out of fashion, and the best reply is that if antiques are presented stylishly they are always in fashion. Just look at a window of upmarket Fifth Avenue Manhattan store Saks during New York’s Fashion Week. The chief window designer of Saks called on East 61 St dealers Historical Design and said he had the idea of introducing Saks’ new shoe floor with high fashion shoes displayed on vintage chairs.
How to hold an auction in the US… from Shropshire
01 October 2007Provincial auctioneer’s novel twist for breaking into the American market
Beijing date change
18 September 2007DATES for the launch of The Beijing International Chinese Antique Fair have been moved to November 30-December 4 from November 28 to December 2 as initially announced. This is described as an important Government project and, as such, special services for exhibitors and visitors are being arranged.
Paris looks to Shanghai auction scene
18 September 2007Shanghai seems all the rage these days. Hot on the heels of the launch of two new international fairs — ShContemporary in early September, and the Shanghai Antiques & Jewellery Fair (October 13-21) — Artcurial are opening premises on Yongjia Lu, in the French Concession district of Shanghai, to stage lectures and exhibitions, as well as hosting an art bookshop — much along the lines of the firm’s Paris HQ at the Hôtel Dassault on the Champs-Elysées.
Bloomsbury boost ahead of New York launch date
07 September 2007AS Bloomsbury Auctions get set for the opening of their new saleroom in New York this month, their turnover for the first six months of 2007 showed a 45 per cent increase on the same period last year.
€3.5m deal struck for Easter Rising documents
28 August 2007DUBLIN auctioneers James Adam have negotiated a €3.5m (£2.4m) sale of remarkable papers setting a record for a single transaction of documents relating to the 1916 Easter Rising.
Australia’s blueprint sells for over £100,000
20 August 2007In the same way that Americans hold any material relating to the Pilgrim Fathers in the highest esteem, so anything associated with Australia’s earliest European settlers carries a huge premium for its domestic market.
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