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Latest art and antiques news from Antiques Trade Gazette. Browse by topics such as art finance, auctions, insurance and recruitment.

Collusion probe latest

27 February 2000

US: THE sudden resignations of Sotheby's chief executive Diana 'Dede' Brooks and chairman Alfred Taubman have come in the wake of the investigation into alleged commission fixing which has seen the company's stock plummet by 60 per cent since the start of this year.

Monkey puzzle

27 February 2000

UK: EVERY so often a dealer will acquire an object of academic interest for relatively little money and put it into an auction to see how much it will make.

Thefts from antique shops across Surrey may be linked

21 February 2000

UK: POLICE are investigating the possibility that the same gang is behind a number of thefts from antique shops in Greater London and Surrey over the last few months.

Highly important Cimabue painting discovered

21 February 2000

UK: A HIGHLY important painting by the early Italian master Cimabue (c.1240-1302) has been discovered by Sotheby's at Benacre Hall, near Lowestoft, Suffolk, home of the reclusive Sir John Gooch, 12th Bt., who died last year.

View of Venice at the Entrance to the Grand Canal

21 February 2000

UK: While the art market has been quieter in the provincial salerooms since the New Year, an exception was provided by this oil on canvas View of Venice at the Entrance to the Grand Canal, which appeared at Lawrence's of Crewkerne on February 17.

Christie's detail new commissions

21 February 2000

CHRISTIE'S had their best ever year in 1999, exceeding the peak of annual turnover achieved at the height of the last art boom.

Auctioneers face new commission enquiries

14 February 2000

UK: The UK Office of Fair Trading and the European Union regulatory body for competition have begun their own investigations into alleged commission fixing by Sotheby's and Christie's.

Demand for good Welsh pottery way outstrips supply

14 February 2000

This simple 91/2in (24cm) diameter pottery 'souvenir' plate, made in Llanelly c.1910 and decorated with Welsh folk heroine Mari Jones in the manner of the factory's most famous painter, Samuel Shufflebotham, sold to a Pembrokeshire collector at £1700 (plus 15 per cent premium) at the Carmarthen rooms of Peter Francis on January 25.

Poulain move ahead of Piasa in Paris

14 February 2000

FRANCE: THANKS in part to the Chateau de Groussay sale staged jointly with Sotheby's, Poulain-Le Fur moved ahead of Piasa in 1999 to rank second in Paris with sales of Fr285m (£27.5m).

A silhouette made by Samuel Metford

14 February 2000

ELABORATE multi-figure conversation pieces are amongst the most sought-after classes of silhouette.

Kent bills held up on second reading

14 February 2000

The automatic passage of the Kent Bill through the House of Commons was halted last week when MPs raised objections prior to its second reading, following successful lobbying on behalf of the Trade.

Clamour for Artprice.com shares

07 February 2000

FRANCE: FRENCH online auction information company Artprice.com became the first dot.com business to hit the Nouveau Marché Paris on Friday January 21. Its stock was placed at Fr125 (£11.67) per share and the 1.15m shares on offer represent 18.4 per cent of the company capital.

Auctioneers' Web conference strikes a strong chord

07 February 2000

UK: PLACES for the one-day conference on Internet Options for the Auctioneer at Southampton Institute on February 7 are almost fully booked, and organisers Drummond Read are already planning a follow-up event for next year.

Harry Kernoff oil of a Dublin cab

07 February 2000

EIRE: ONE of a number of remarkable prices achieved at James Adam & Bonhams' Irish Art sale on December 8 was the record IR£50,000 (£41,665) given for Harry Kernoff's 1936 oil of a Dublin cab.

Trade exemption in EU price tag ruling

07 February 2000

UK: ANTIQUES and works of art for sale will not have to carry price tags under the terms of the EU Price Marking Order which will come into effect on March 18, 2000.

New world auction record for a decoy

07 February 2000

US: SETTING a new world auction record for a decoy, this sleeping Canada Goose c.1917, by renowned carver Elmer Crowell of East Harwich, Massachusetts, was estimated at $400,000-500,000 by Sotheby's, New York in a joint sale with Guyette and Schmidt of Maine, but sold to Boston dealer Stephen B. O'Brien Jr in the room on behalf of a client at $620,000 (£375,760) plus premium on January 23.

North Indian Agra carpet

07 February 2000

UK: THE north Indian Agra carpet that topped Christie's South Kensington's two-day sale of the contents of Le Bois Muralt on January 18–19 at £66,000.

Oil on copper panel of the Madonna and Child with angels

31 January 2000

UK: Christie's South Kensington chalked up their highest ever London sale total last week when they raised £2.25m net for the contents of a Swiss summer residence, Le Bois Muralt, on January 18-19.

DMG joins trade against Kent Bill

31 January 2000

UK: THE KENT County Council Bill, which seeks to impose rigorous controls on all trade in secondhand goods in the county, passed its third reading in the House of Lords on January 18, despite substantial opposition, both inside and outside the House.

No need for panic on import VAT

31 January 2000

UK: ART importer and exporter Ron Tabor says he believes the Trade has nothing to fear from Customs over the recent closure of the VAT loophole on re-imported works of art which appears to threaten those who inadvertently bring back works of art which have been recently exported from the UK.

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