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.
An American in Paris of the Belle Epoque...
15 June 2001SWEDEN: AN unrestored canvas by the American painter Julius Leblanc Stewart (1855-1919) of two fashionably dressed ladies meeting on the deck of a yacht on the Côte d’Azur inspired predictably intense levels of demand when it came under the hammer at the Stockholm rooms of Stockholms Auctionsverk (17.5 per cent buyer’s premium) on May 22.
Battling over haunting mementos of Sarajevo
08 June 2001Austria: This broken pane of glass formed a haunting reminder of the assassination of Archduke Franz Ferdinand in Sarajevo on June 28, 1914, which precipitated World War I.
Tapping into a ‘more difficult’ market
08 June 2001FRANCE: This early 18th century, barrel-shaped vinaigrier in blue-and-white Rouen grand feu faïence (c.1700), pictured, used for vinegar made from wine or cider, was the most eye-catching offering in the Louviers saleroom of Prunier on May 13.
Ceramic sculpture of Michael Jackson and Bubbles
06 June 2001USA: Star turn at Sotheby’s May 15 Contemporary sale in New York was Jeff Koons’ outrageously kitsch ceramic sculpture Michael Jackson and Bubbles.
dmg team up with David Lester
04 June 2001dmg world media have teamed up with Florida-based fair organiser David Lester to form a new art and antiques fairs group aimed at the very top end of the market.
New deal struck on droit de suite
29 May 2001– 10 year delay on full implementation – £7600 cap on maximum levy. The final conditions under which droit de suite is likely to be introduced to Britain were revealed last week when hard-won concessions, rejected by the European Parliament last December, were substantially re-instated at a meeting of the permanent representatives in Brussels.
Contemporary Bubbles yet to burst in New York
21 May 2001USA: The gloom created by disappointing results at this month’s Impressionist and Modern sales in New York was swept away last week by the strong performance of contemporary art at the three main auction houses and reports of good business being done by a number of dealers at The International Fine Art Fair.
Sotheby’s announce three big Paris sales
21 May 2001FRANCE: Sotheby’s and Paris auctioneers Maîtres Hervé Poulain and Rémy Le Fur have announced today an association to conduct three important sales in Paris on June 27, 28-29 and July 5, 2001.
Gathering of the tribes in Manhattan
14 May 2001USA: IT involves a rather longer trip than to North Yorkshire, but among the world’s top events celebrating ethnographic arts and crafts The New York International Tribal Antiques Show will run at the Seventh Regiment Armory, Park Avenue and 67th St, from May 20 to 23 with a $75 evening benefit preview on Saturday May 19.
Hard going in NY as Phillips join race
14 May 2001USA: Fears that the recent slowdown in the US economy would drastically affect the top end of the art market were to some extent realised at New York’s Impressionist and Modern sales last week.
Lunar surface excursion map, from the Apollo 16 mission
14 May 2001Dennis Tito is evidently not the only American millionaire with a fascination for space exploration.
Drouot facelift delayed
14 May 2001Work to transform and modernise the Hôtel Drouot has been delayed for a third time due to “technical and material constraints” and will now begin in March/April 2002 and last until September next year.
Curiel ousts Joffre at Christie’s Paris
08 May 2001FRANCE: François Curiel, 52, is to replace Hugues Joffre as head of Christie’s France in an adminstrative shake-up that also sees the departure of Christie’s French Director-General Franck Prazan, who helped mastermind the firm’s transfer to their new premises on Avenue Matignon. Joffre and Prazan are both expected to leave the firm.
Private collections boost a busy month
08 May 2001This month sees New York auctioneers Doyle (15/10 per cent buyer’s premium) offering two significant separately-catalogued single-owner collections within the space of a fortnight.
Modish in Manhattan
01 May 2001Every sector of the auction market has been feeling jittery about the prospect of economic slowdown in the US. Wine sales have already had to re-adjust to more sober trading conditions after the binge of sales that led up to Millennium and auctioneers on both sides of the Atlantic have been understandably nervous about rich clients thinking that $5000 cases of wine have become an unjustifiable luxury.
New York fair renamed
23 April 2001LONDON-based Haughton International Fairs have changed the name of their International 20th Century Arts Fair to The International Art + Design Fair 1900-2001.
Cologne fair marks solid progress
23 April 2001ENOUGH of the 117 exhibitors reported decent sales at the 32nd Kunst Messe Koln, the West German Antique Dealers Association national fair at Cologne’s Trade Fair Centre from March 24 to April 1, to record a solid performance, probably up on last year.
Judge sanctions US class action proposal
23 April 2001Some payouts expected by June. Buyers and sellers at Sotheby’s and Christie’s will now be able to sue the auctioneers through the United States courts over transactions that took place in London and elsewhere outside the US.
The greatest show afloat
23 April 2001USA: First there was The Antiques Roadshow, now we have the Antiques Rivershow. That is the aim of a New Orleans antiques dealer who wants to take to the Mississippi on a decomissioned casino boat with the most unusual antiques fair yet devised.
Dublin sale sets the pace
17 April 2001EIRE: WITH the traditional Irish sales due in London next month, many an eye was on the Dublin sale held by James Adams (15 per cent buyer’s premium) on March 28 to see how pictures were selling in their native land.
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