International

THE 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.

HOTELS, 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.

Illustrated 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.

Contemporary art plans for Shanghai and Dubai

Christie’s are to increase the number of European salerooms offering the Christie’s Live online bidding feature.

Dealers 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.

November 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.

Feeding frenzy sets new record as bidders get their fill despite absence of Lloyd Webber Picasso

Sotheby’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.

WHEN 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.

Jackson 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.

AMERICAN 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).

The 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.

MASTER 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.

IT 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.

In 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.

Giuseppe 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.

The 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 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 are to centralise all Italian sales in Milan and will concentrate on Contemporary and Modern art, Old Masters and jewellery.