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.
Dallying deity pulls in the bids
17 April 2002NEW YORK: They say that sex sells, but it would be wrong to assume this was the only attraction of this 18th century Indian illustration to the Gita Govinda, Krishna and Radha Make Love, 1775-1780, 101/8in by 61/8in (25.7cm x15.6cm).
Motown looks to the future
17 April 2002Florida-based Dolphin Promotions launch Great Lakes Modernism at the Southfield Civic Center in suburban Detroit, Michigan, from October 18 to 20.
Korean wares dominate
17 April 2002Japanese and Korean sales: Although only Christie’s held a Japanese and Korean auction, trade and private buyers still came to New York to bid at auction and buy Japanese and Korean works of art at the fairs and from dealers’ exhibitions.
Trade and private buyers compete vigorously for the most desirable pieces… with mixed results
17 April 2002There were auction highs and lows during New York’s March Asia week that saw Sotheby’s (20/15/10% buyer’s premium) and Christie’s (17.5/10% buyer’s premium) hosting eight sales in four days, from March 19-22.
Do the rounds at the Carrousel
17 April 2002FRANCE: FROM June 6 to 9 the inaugural Le Salon du XXeme Siecle (20th Century Design Show) will be launched at the Carrousel du Louvre in Paris.
High-profile collectors boost spring sales
17 April 2002Paris in late March held various attractions for art lovers outside the saleroom. Europ’Art, a new contemporary art salon (March 14-17), attracted 200 artists from 18 countries (40 of them from ‘guest nation’ Israel). The International Paris Print Fair (March 22-25) assembled 30 exhibitors from France, Germany, Spain, Italy and the UK (Elizabeth Harvey-Lee, Flowers Graphics, Garton & Co, Sims Reed, and William Weston).
New York houses a cornucopia of designer delights
16 April 2002On May 17-18, Sotheby’s New York rooms are mounting a sale entitled By Design which features furnishings that have either been designed or selected for decorative schemes by leading interior designers.
Contemporary sales for May, Impressionist and Modern for June, say Phillips
15 April 2002Phillips have released details of a bumper sale of Contemporary art to be held in New York on May 13. The announcement came as art trade rumours persist about the reasons for the auction house postponing their May 6 sale of Impressionist and Modern art until June at the earliest.
Rich Swiss collectors back inaugural sale as LVMH back out of picture
12 April 2002Is there a future for Phillips de Pury & Luxembourg (15/10% buyer’s premium) now that Bernard Arnault and the financial might of the LVMH group have distanced themselves from the company and the enormous guarantees it was paying to secure high-value consignments?
An early case of his ’n’ hers
12 April 2002We reported in last week’s Antiques Trade Gazette's Art Market pages on the Ellekilde, Copenhagen sale and reflected on the popularity of Scandinavian interiors. An altogether different Danish artist to enjoy success at that sale was Gerda Wegener (1885-1940), a magazine illustrator, whose work proves especially popular with an American audience.
Taubman sentencing postponed
08 April 2002SOTHEBY’S former chairman, A. Alfred Taubman, convicted in December of conspiring with rival auction house Christie’s to fix fees charged to sellers, must now wait until April 22 for sentencing.
Paris Biennale signs up 21 new dealers from the top ranks
08 April 2002FRANCE: A remarkable 21 new dealers are joining this year’s 21st Biennale des Antiquaires, which will be held at the Carrousel du Louvre, in Paris from September 20 to 29.
Investors take over Dargate in $160,000 cut-price deal
08 April 2002A GROUP of investors has taken control of both Pittsburgh’s Dargate Auction Gallery and ewolfs, the troubled Cleveland-based dotcom enterprise.
Conflicting reports on Phillips’ art auctions
08 April 2002With less than a month until the crunch series of Impressionist and Modern Art sales in New York, it is still not clear whether Phillips will be joining Sotheby’s and Christie’s at sales which netted the company $124m last year.
Auction expansion casts doubt on Dassault salons
04 April 2002ArtCurial, the Paris art gallery/bookshop based at the Hôtel Dassault on the Champs-Elysées, have moved to expand their auction activity by taking a minority stake in the auction firm owned by Claude Aguttes, based in the smart Paris suburb of Neuilly.
A photographic first
04 April 2002When Sotheby’s sold the second and third parts of Sotheby’s sale of the Jammes collection in Paris on March 21 and 22, the highest price was paid, as expected, for this exceptional collection of correspondence from the French father of photography, Nicéphore Niépce, and his son Isidore, featuring a heliographic reproduction of a Dutch print.
Ahead of the field
03 April 2002Christie’s and Sotheby’s may not have had a vintage New York Asian Art series this March, but private and trade buyers continued to compete for the best quality fresh-to-the-market entries.
Last night at the opera
03 April 2002SHORT of George Washington’s ‘cherry tree’ axe (or, possibly, his cherrywood teeth) this set of binoculars is probably the most poignant of US Presidential personal possessions.
Skinner move HQ to Boston in bid to go upmarket
02 April 2002USA: AUCTIONEERS Skinner Inc. are bidding to capture a larger slice of the top end of the market by moving their flagship American Furniture and Decorative Arts department out of the small town of Bolton and into Boston.
Now AXA bid £51m for the Drouot
02 April 2002The AXA insurance group have joined the battle for Drouot with an offer believed to be worth €82m (£51m), comfortably exceeding the €69m (£43m) proposed by Barclays Private Equity and the €64m (£40m) by ABN-Amro earlier this year.
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