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.
TEFAF 2016: final reports indicate solid sales overall
24 March 2016The 29th staging of TEFAF Maastricht will go down as a good edition of the fair with dealers reporting decent sales overall and the changes made for this year’s event meeting general approval among the standholders.
Ten things we learned at TEFAF 2016
21 March 2016ATG reporter Frances Allitt took her first trip to TEFAF Maastricht and, as well as witnessing the colour, excitement and love for art and objects that pervade the fair, she also learned some valuable lessons from dealers and visitors.
Proclamation sells at €185,000 as Dublin prepares for centenary of Easter Rising
14 March 2016An original example of the 1916 Proclamation of the Irish Republic sold for €185,000 at Whyte’s of Dublin yesterday. Estimated at €150,000-250,000, the document published by the Irish Volunteers and Irish Citizen Army was one of only 40-50 known copies left in existence and it drew competition from two phone bidders, one from Ireland and the other from the US who ended up as the successful buyer.
TEFAF 2016: “The bubble has not burst in art market values,” delegates told
11 March 2016The global market for art and antiques may have dropped by seven per cent in sales by value last year, but this is “not a signal that the bubble has burst”, the art market’s leading economist told TEFAF 2016 delegates this morning.
10 shots of the TEFAF preview
10 March 2016With the preview of TEFAF 2016 now underway, ATG gives you a snapshot around the stands of the fair.
French banks close UK trade accounts as part of clampdown on money laundering
09 March 2016Tighter regulations surrounding fraud and money laundering are prompting French banks to close the euro accounts of some UK dealers and shippers.
‘Joan of Arc’ ring sells for £240,000 after English v French bidding battle
07 March 2016A medieval ring long associated with Joan of Arc sold for £240,000 – almost 30 times its estimate – at Timeline Auctions in Bloomsbury on February 25.
Bonhams drop staff in Hong Kong
07 March 2016Bonhams say they are “reorganising operations” after Magnus Renfrew, the company’s deputy chairman in Asia, was laid off along with seven other members of staff based in Hong Kong.
US establishes ivory repository
07 March 2016The US Fish and Wildlife Service have announced a new programme to “help reduce the overall ivory market”.
Unique variant of Paul Iribe’s Nautile armchair takes €180,000 in Paris
26 February 2016Paul Iribe’s ‘Nautile’ armchair is one of the most striking proto-Art Deco designs, with its sleek swept-back lines and low armrests formed as a tight nautilus shell spiral.
UK dealers told to destroy ivory antiques in US
25 February 2016Four London dealers were made to deface valuable antiques after they imported objects into the US without declaring their ivory content.
Tribal art comes to Burgundy
25 February 2016The countryside of southern Burgundy, with its vineyards and Romanesque churches, might not be the first location that comes to mind for a tribal art fair.
Stolen Dutch paintings found in Swiss auction
22 February 2016The Art Loss Register (ALR) has located two paintings stolen from a home in Amsterdam in 2010.
An expensive kittens’ wedding at $100,000
18 February 2016Two of the best-known anthropomorphic creations of the celebrated Victorian taxidermist Walter Potter (1835-1918) resurfaced at Treadway Toomey in Oak Park, near Chicago, Illinois, on February 6.
1957 Ferrari sells for $50 million
15 February 2016A 1957 Ferrari 355 S Scaglietti sold at the Artcurial Motorcars auction for €32.1m (£24.7m) with premium to an international collector after “a tense, 11-minute bidding battle”.
Knoedler versus De Sole settled out of court
15 February 2016A jury in New York lost their chance to rule on the first of several lawsuits against the Knoedler Gallery and its former director Ann Freedman when the suits were settled out of court.
Art Brussels’ inaugural sale at new venue
15 February 2016Art Brussels’ first sale at its new location of Tour and Taxis, the same location as the BRAFA Art Fair, will run from April 22-24.
Bay Psalm book sold for $221,000
15 February 2016A previously unknown seventh edition of the Bay Psalm Book, published in Boston, 1693, with a provenance tied to Salem witch trial judge Jonathan Corwin and descendants of John Proctor, sold for $221,000 (£151,584) at a Swann sale in New York on February 4.
De Lamerie tureen takes $90,000
12 February 2016This 18½in (47cm) George II silver soup tureen by the goldsmith Paul de Lamerie featured in Doyle’s latest sale of furniture, works of art and Old Master paintings in New York.
Mallett sells up in Mayfair and Manhattan
10 February 2016Troubled dealership Mallett are to look for new galleries in London and New York after putting the blue-chip leases of both of their current premises up for sale.
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