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.
Droit de Suite nets £1m in its first year
03 January 2007THE British art trade has paid out over £1m since Droit de Suite came into force at the start of the year. Despite some initial bureaucratic difficulties, the Artists’ Resale Right appears to have been implemented more smoothly in Britain than in other European countries.
TEFAF report reveals the economic phenomenon of the Maastricht effect
18 December 2006HOTELS, restaurants, insurance, security, shippers and packers, design and print, marketing and promotion. These are just some of the ancillary industries that benefit when the show comes to town.
The original Red-Nose Day
18 December 2006Illustrated by Denver Gillen, Robert L. May’s poem about Rudolph the Red Nosed Reindeer was first issued in 1939 as a give-away booklet for children by a Chicago department store, Montgomery Ward.
New fairs aim to crack Middle and Far East markets
11 December 2006Contemporary art plans for Shanghai and Dubai
Christie’s extend live bidding
11 December 2006Christie’s are to increase the number of European salerooms offering the Christie’s Live online bidding feature.
Trade weigh up pros and cons of two-dollar pound
04 December 2006Dealers travelling to the United States for the New Year fairs season remained optimistic last week as sterling jumped to its highest level against the dollar in 14 years. The continued weakness in the US currency raised the prospect of a two-dollar pound in time for the January showpiece events in New York and Florida.
Another record-breaking sale with $240m for post-War art
20 November 2006November saw the art market hit a new high as Christie’s capped a remarkable series of New York sales with a record $240m (£131m) for post-War and Contemporary art.
Christie’s $500m ‘Bloch’ buster
13 November 2006Feeding frenzy sets new record as bidders get their fill despite absence of Lloyd Webber Picasso
At $238m, Sotheby’s enjoy their best day since 1990
13 November 2006Sotheby’s Impressionist and Modern art sale of 83 lots on November 7 generated $238m (£131.5m) and was the auctioneers’ highest auction total since the previous Impressionist and Modern high water mark of May 1990.
Sotheby’s and Christie’s sign up for TEFAF Maastricht
06 November 2006WHEN TEFAF Maastricht opens its doors next March, something will be different. An extraordinary sequence of events means that for the first time, the world’s two biggest auctioneers will effectively stand as exhibitors at the world’s most important fair for specialist dealers in fine art and antiques.
Pollock sets new all-time high
06 November 2006Jackson Pollock’s 1948 drip painting Number 5 has set a new record for a painting. Mexican financier David Martinez has reportedly paid $140m for it in a private deal brokered by Sotheby’s.
The way the wind is blowing…
30 October 2006AMERICAN folk art moved into new territory at Sotheby’s New York on October 6 when this life-size Indian chief weathervane with a rich verdigris patina sold for $5.2m/£2.9m (plus 20/12% buyer’s premium).
Chimneypiece fitted in 1970s is now “an essential feature of a protected structure”
30 October 2006The 2001 Irish heritage laws are again being tested after a local council announced its intent to stop the sale of an 18th century fireplace on the grounds that – although not fitted in the property until the early 1970s – it is now an essential feature of the house.
Trade take Drawings to New York
30 October 2006MASTER Drawings in New York, a new Anglo-American trade initiative will be launched in January. It is modelled on Master Drawings in London which has been held since 2001.
Casino tycoon gives Picasso the elbow
23 October 2006IT would have been the most expensive picture ever sold. At $139m, the private deal between two American billionaire buddies would have upped the record high for any painting by $4m. But the deal is now off.
Mission to save a collection
16 October 2006In 1862, the English missionary Father William Duncan brought around 70 Tsimshian Christian converts to an abandoned Native village and established a model Church of England mission settlement at Metlakatla in Northern British Columbia.
Top French award for London Chinese dealer
16 October 2006Giuseppe Eskenazi, London’s pre-eminent dealer in Chinese works of art, has been appointed a Chevalier (Knight) of the Légion d’honneur for services to the arts.
Reform the reform say French auctioneers
16 October 2006The reform of auction law forced itself to the top of the agenda when delegates from SYMEV, France’s national auctioneers association, sat down at the Conservatoire National des Arts et Métiers in Paris on October 3 for their annual conference.
Sotheby’s NY closed for day
16 October 2006Sotheby’s New York was closed in the afternoon of October 11 in the wake of the plane crash that killed the two people onboard, injured 21 and briefly raised fears of another terrorist attack on the city.
Christie’s condense their Italian operation
12 October 2006CHRISTIE’S are to centralise all Italian sales in Milan and will concentrate on Contemporary and Modern art, Old Masters and jewellery.
- Gardiner Houlgate
- The Fred Crampton Watch Collection
- 21 Oct 2024 - 10:00 AM
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- 22 Oct 2024 - 10:00 AM
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- 23 Oct 2024 - 09:00 AM
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- The Joseph Bonnar Collection
- 23 Oct 2024 - 10:00 AM
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