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.
Mixed fortunes in New York art sales
16 November 2001USA: Mixed signals emerged from New York’s crucial November round of Part I Impressionist and Modern sales, the most significant test of the international art market since September 11.
Huge increase in fine art exports for 2000
13 November 2001Trade gap in art also mushrooms: Fine art exports from the UK to non-EU countries have increased by 50 per cent in the year ending December 2000. Equivalent imports for the same period also rose by a substantial amount – 26 per cent.
US appeals delay compensation as Taubman faces the jury
09 November 2001As Sotheby’s ex-boss Alfred Taubman faced a New York jury last week on criminal charges of fixing vendors premiums with Christie’s, there was still no sign of money owed to dealers in the related civil law suit that was settled in April. The reason? Two US appeals.
Eisenberg fair goes it alone
07 November 2001USA: As expected, US show organiser Sanford Smith has been forced to follow other New York fairs and cancel his two high-profile mid-November shows at the city’s two armory buildings.
Qianlong (1736-95) mark and period dragon vase
05 November 2001Early Qing imperial porcelain has long been the darling of the Hong Kong Chinese auctions so when a Qianlong (1736-95) mark and period dragon vase with a previously unpublished pattern came up at Sotheby’s (20/15/10% buyer’s premium), Hong Kong on October 29, sparks flew and an auction record was set for a piece of Qianlong porcelain.
Oetke Group negotiate sale of Colnaghi
05 November 2001The German-based Oetke Group are currently in negotiations to sell the Bond Street galleries of Colnaghi, one of the oldest names in the London art trade, to the London and Munich Old Master dealer Konrad Bernheimer.
Christie’s to cut LA staff and focus on key collecting areas
05 November 2001Christie’s are to make 23 staff redundant in Los Angeles, their second largest saleroom in America. The decision is part of an ongoing, worldwide cost-cutting programme undertaken by the company following the settlement of the $256m lawsuit over commissions and the downturn in the art market this year.
Goodwill from M. Bonhomme
01 November 2001The comprehensive collection of French royal issues formed by Michel Bonhomme was dispersed in Paris at Christian Delorme et Vincent Fraysse (expert: Alain Weil) on October 9-10. The period covered was from Charles V (1364-80) until the fall of the French monarchy in 1792.
Willows and mountain scenes help Korean art steal the show
01 November 2001The most hotly contested property in Christie’s 335-lot Japanese and Korean sale on October 15 was a selection of Korean art from the Falk collection. Just over half of the reasonably estimated 55 Korean entries hailed from this New York collection, that attracted new American buyers as well as regular European privates and dealers.
New Asian fair for Paris
01 November 2001FRANCE: There were some prestigious names among the 24 exhibitors at the first Salon International d’Art Asiatique, held at the Hôtel Dassault on the Champs-Elysées from October 5-8.
Paris auctions open up at last
30 October 2001FRANCE: After a long and frustrating delay, Sotheby’s and Christie’s finally got the official go-ahead late last week to conduct auctions in France. They were among the first four auction houses to receive a licence from the French Conseil des Ventes on October 25 and both houses swiftly announced details of their inaugural sales to be held later this year.
Triple Pier fair put off after all
30 October 2001USA: STELLA Management have been forced to cancel New York’s Triple Pier Antiques Show despite moving the venue.
Texas fair signals a return to normality
26 October 2001AWAY from New York, the international trade have been preparing to return to serious business in the US at David and Lee Ann Lester’s second annual Texas International Fine Art Fair, running from November 1 to 7.
Daum lightens a long dark year
26 October 2001Penrith Farmers' and Kidd's have been badly affected by world events this past year. Situated in one of the worst hit areas for the Foot and Mouth epidemic, the county all but shut up shop. And just as things were starting to pick up the devastating events in America have created a marked caution in the trade.
NY print dealers improvise too
24 October 2001THIS year’s annual International Fine Print Dealers Association Print Fair, scheduled for October 31 to November 4, has been cancelled with the forced closure of the Seventh Regiment Armory to non-military activities.
Rediscovered Leighton offered on sothebys.com
24 October 2001SOTHEBYS.COM are offering a rare portrait by Frederick Lord Leighton, which has been discovered in the estate of a collector from Indiana in the United States.
Look SM’ART
22 October 2001A new design fair made its debut last month in Paris at the Carrousel du Louvre on September 29. Focusing on pieces, from the 1950s to the present SM’ART (le salon du mobilier et de l’objet design) mixed post-war design classics from Italy, France and Scandinavia with works by contemporary designers.
Spotlight turns on modern style in the land of the chic
22 October 2001FRANCE: With Art Deco becoming increasingly rare and costly, collectors and auctioneers are starting to take a serious interest in Post-Deco: furniture and furnishings from the 1940s and later.
Poussin’s strictly private appeal
22 October 2001The rediscovery of a significant work by a major Old Master painter is always an event for the art trade, even if the work not obviously commercial. When Anthony Blunt wrote his monograph on Nicholas Poussin (1594-1665) this painting, right, of The Holy Family with St. John the Baptist, executed c.1627-28 when the young Poussin first worked in Rome, was only known from engravings.
Cloudband finances hit by NY attacks
16 October 2001Cloudband.com, the specialist Website firm for rugs and textiles, have had their financing badly hit as a direct result of terrorist attacks in New York on September 11.
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