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.
Maria’s $530,000 homage to herself
13 August 2007Maria Felix (1914-2002), born one of 16 children in the small Mexican town of Sonora, became an icon during the golden age of Mexican cinema in the 1940s and was generally acknowledged as the most beautiful face in its history.
Christie’s €100m dominance of Paris auctions
13 August 2007Half-yearly Paris figures to August showed Christie’s consolidating their lead with sales of €100.3m (£67.3m), nearly twice as much as their nearest rivals, ArtCurial.
Sotheby’s oppose outlawing the chandelier bid in New York
06 August 2007Sotheby’s are strongly opposing proposed legislation in New York that aims to outlaw the ‘chandelier’ bid.
French auction watchdog sounds the alert over global competition and EU policy
02 July 2007France’s share of the global auction market fell by 5.8 per cent in 2006, warns the Conseil des Ventes, the national auction watchdog, in its annual report published on June 25. Worldwide auction activity, it says, rose 34 per cent over the same period.
Dealers sell at El Portobello
02 July 2007THIRTY-six stallholders from Portobello Road made their way to Madrid at the end of June where the London street market was recreated for a day in the Spanish capital.
Artemis outshines Jenkins Venus at $25.5m
18 June 2007In the UK there is a tendency to think of institutions as the natural permanent home for the best cultural artefacts. But American museums’ policy of deaccessioning means there can be second chances to buy stellar objects.
China to ban export of Qing artefacts
04 June 2007But move will fail to curtail smuggling of pre-1911 objects via Hong Kong
Hong Kong series expands
04 June 2007Not one but two international auction houses conducted sales series in Hong Kong in May.
Experienced team to open Bloomsbury NY saleroom
04 June 2007BLOOMSBURY Auctions are launching a new saleroom in New York.
Haughtons to launch quality fair in Dubai
29 May 2007FOLLOWING rumours in the trade, London-based fair organisers Brian and Anna Haughton have confirmed exclusively to ATG that they will launch a high-end international fair in Dubai next February.
Fangtastic price as fetish figure sells for €520,000
29 May 2007Munich auctioneers Hermann Historica are known internationally as experts for arms and armour, medals and historical collectibles rather than tribal art, so they were on unfamiliar territory with lot 3324 in their latest blockbuster sale held from May 2 to 11.
Now Sotheby’s join the Moscow throng
29 May 2007Sotheby’s have opened an office in Moscow and appointed Mikhail Kamensky, a former director and presidential advisor to the Bank of Moscow, as managing director.
Lyman heads Palm Beach
29 May 2007CHICAGO-based art event promoter Mark Lyman has been appointed vice president of International Fine Arts Expositions (IFAE) by owner dmg world media. IFAE’s American flagship event is The Palm Beach Fair and Palmbeach Contemporary Art Fair.
No longer China’s forbidden cities…
21 May 2007Imperial Chinese ceramics and works of art are at the centre of a raging bull market. Auction prices have skyrocketed thanks to fierce competition between Western dealers, collectors and a large body of Asian buyers, many Chinese mainlanders amongst them. With the major Spring sales in China staged during a six-week period from mid-May to early July, ATG brings you a timely lowdown on the auction scenes in Beijing and Shanghai.
Software that can profile an artists and identify fakes
14 May 2007A UNITED States university professor has developed a computer program that he believes can identify fake paintings.
The Europeans are coming
14 May 2007Change in the collecting geography at New York’s Imp & Mod spring sales
Bonhams open Moscow office and announce Dubai sale
08 May 2007Bonhams have become the latest saleroom to open an office in Moscow, a further indication of the growing importance of Russian buyers in the international auction market.
Heffel sets online sales record
08 May 2007VANCOUVER auction house Heffel have taken nearly £900,000 in a single online auction, including one painting which sold for more than £250,000.
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