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.
Christie’s shed their American Indian auctions
30 April 2007Christie’s, who are currently reviewing the future of their collectables department in South Kensington, have closed their American Indian art department in New York. Their May sale at the Rockefeller Center has been cancelled and Delia Sullivan, department head since 1999, has left the company.
Dublin double
30 April 2007Dublin fine art auctioneers James Adam’s are to join forces with premier bloodstock sales company, Goffs, to host Ireland’s first specialist sporting sale in October.
Highlight of the Big Apple’s Asia week at $7.2m
18 April 2007Of the 2000 or so lots auctioned during New York’s Asia week, this late Shang dynasty Chinese bronze was the crowning glory at $7.2m (£3.87m).
£1m ewer shows best Chinese wares continuing to steam ahead
16 April 2007The Asian art juggernaut thunders on with little sign of any slowdown in the market. If anything, the pace seems to be intensifying.
Boulton’s €170,000 vase
02 April 2007The Birmingham industrialist and designer Matthew Boulton was the toast of the Paris salerooms last week when this impressive ormolu-mounted fluorspar vase was sold at Drouot Richelieu for €170,000 (£121,430) plus premium.
Sotheby’s acquire Drouot firm to strengthen in Paris
02 April 2007Sotheby’s – who were outsold by Christie’s in Paris last year three to one – have announced a series of moves designed to reposition their Paris branch as “one of the pillars of the group’s global strategy”.
New Gulf art and antique fairs will offer cut-price stands
19 March 2007DETAILS have been released of the two new Middle East fairs at Abu Dhabi and Dubai. Organised by British company Turret Middle East Ltd, the fairs director is Fran Foster, who for a decade put together the Antiques For Everyone fairs at Birmingham’s National Exhibition Centre.
Writ throws spotlight on murky world of fake vintage wines
19 March 2007THE spotlight turned onto the vintage wine market last week after reports emerged concerning the sale of fake bottles. Media speculation has followed the launch of an FBI investigation into whether sellers knowingly sold counterfeit wines for up to $100,000 a bottle despite doubts about their authenticity.
Europe wakes up to threat of droit de suite
12 March 2007There are signs that many other member states are waking up to Britain’s warning of the threat of droit de suite, or the artists’ resale right, to the European art market.
US medals law is a meddle too far
26 February 2007A recent federal law, designed to preserve the integrity of United States medals and decorations, is creating chaos within the militaria collecting field.
Lawyer charged over multi-million pound paintings hoard
19 February 2007THE FBI have arrested a retired lawyer who became involved in a £20m stolen art saga. If convicted, he could face up to 10 years in jail.
European dealer to launch Shanghai antiques fair
12 February 2007BELGIAN art dealer Maximin Berko is the driving force behind the Shanghai Fine Jewellery and Art Fair which will be launched at the Shanghai Exhibition Centre from October 13 to 21 this year.
Upper East Side Armory rent hikes
12 February 2007NEW YORK’s fairs scene is in some turmoil following a massive rent hike at the Seventh Regiment Armory on Manhattan’s Upper East Side, the city’s chosen venue for art and antiques fairs.
The £1.3m sleeper
05 February 2007A spectacular sleeper was awoken in Sweden on December 5 when an oil sketch catalogued as in the manner of Peter Paul Rubens sold to a British buyer at SEK16.6m (£1,298,000) amidst speculation it was by the artist himself.
The Wright stuff
29 January 2007Among the highlights of Sotheby’s New York’s $96.9m Important Old Master Paintings sale on January 25 was Portrait of Captain Robert Shore Milnes painted in 1771-72 by Joseph Wright of Derby.
Bonhams open in Hong Kong for sales in May
15 January 2007Bonhams have announced the opening of a new office in Hong Kong and three sales slated for May at Asia World Expo, the new exhibition centre there.
Christie’s secure big lead in Paris
08 January 2007Christie’s confirmed their Paris dominance in 2006 by posting sales of €200.8m (£135m), up 74 per cent on the previous year.
Canadian views of the Aynsley factory
08 January 2007Aynsley China has a history stretching back to 1775 when John Aynsley first started producing ceramics in Longton, Staffordshire. Its enduring reputation is for its bone china tablewares decorated with floral sprays or fruit in the manner of Royal Worcester, or for its commemorative pieces. They remain very affordable and even Aynsley’s well-painted cabinet plates featuring British landmarks usually cost less than £100.
Bloomsbury launch in Italy
08 January 2007LONDON-based specialist book auctioneers Bloomsbury Auctions enjoyed a successful inaugural sale in Rome on December 6 where a total of €801,000 (£545,000) was realised.
- Gardiner Houlgate
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