Auctions

Britain’s third and fourth largest auction firms, Bonhams & Brooks and Phillips, finally merged on November 1 to create an enlarged company, called simply Bonhams.

The show stopper at Christie’s Indian and Southeast auction on October 17 was this sublime grey schist Gandharan bodhisattva, 2/3rd century. The drapes of the robes falling about his body contrast with his powerfully carved bare chest, as he stands gazing ahead with a fixed stare.

THE last week of September saw Phillips host two offerings of toys, dolls, bears and collectables at their Edinburgh and Knowle regional salerooms. Both auctions had a healthy 75 per cent take-up with the larger 1129-lot Solihull auction totalling £116,691 against the £61,660 taken by the 345-lots offered at Edinburgh.

The comprehensive collection of French royal issues formed by Michel Bonhomme was dispersed in Paris at Christian Delorme et Vincent Fraysse (expert: Alain Weil) on October 9-10. The period covered was from Charles V (1364-80) until the fall of the French monarchy in 1792.

THE first sale by the Staffordshire-based auctioneers Wintertons to be held at Bakewell’s Agricultural Business Centre in neighbouring Derbyshire was a wide-ranging 639-lot event which attracted trade and private buyers from across the country and even some overseas interest in the telephone and on the book.

The most hotly contested property in Christie’s 335-lot Japanese and Korean sale on October 15 was a selection of Korean art from the Falk collection. Just over half of the reasonably estimated 55 Korean entries hailed from this New York collection, that attracted new American buyers as well as regular European privates and dealers.

The Ashendene Dantes that sold for £7000 as part of the book section of this general antiques sale at Dreweatt Neate on 10 October were formerly in the library of Sir Frederick Handley Page, founder of the aeronautical firm, and sold at £3500 was his copy of the 1906 Ashendene edition of Sir Thomas More’s Utopia.

As every silver dealer knows, the value of standard Victorian three-piece tea sets has gone down, not up, over the past decade. But introduce a fashionable style to the casting, and the price will inevitably soar.

WHILE it was worrying that Phillips’ main Midlands saleroom could find only 100 furniture lots worthy of their main autumn sale, and that only five of those took more than £3000, such is the drought of quality goods in the provinces at the moment that the trade were determined to make the best of any opportunity.

Even without the worldwide crises of the last two months, the market for Islamic works of art has always been volatile, subject to price polarisation and a degree of selectiveness.

Two rather different toy sales went under the hammer early last month. October 4 saw Christie’s South Kensington (17.5/10% buyer’s premium) put some 465 lots predominantly devoted to dolls under the hammer while six days later Bonhams & Brooks (15/10% buyer’s premium) offered an even bigger, more general 630-lot mix of playthings ranging from Dinkys and lead figures to dolls, soft toys and tinplate.

Uncertain of just how widespread a reaction they would receive on the lot, Walker Barnett & Hill of Shropshire estimated this rare pair of 19th Century Japanese Carved Wood & Ivory Figures of two young boys, one with a hobby horse, the other playing a flute, measuring 10in (25cm) high, conservatively at £500-700.

Christie’s will close their office and saleroom in Athens on November 30, with the loss of all seven staff. The company is also shutting offices in Oslo, Stockholm, Frankfurt and Copenhagen, with the loss of at least 12 administrative staff, with further office closures expected in Asia and America by the end of the year.

THE nationwide buyer-base of Lays auctioneers was reflected by concerns far beyond the Duchy – Bath dealers, for instance, were particularly worried about selling on to American clients. However, a £213,076 total from 1906 lots was proof enough that business is still there to be done.

Fresh-to-market goods from the deceased estate of a well-known Lincolnshire lady, Mrs Rosalys Ransom, ensured keen trade and private interest at this Lincolnshire sale on 26 September at Thos. Mawer resulting in a 75 per cent take up of the 522 lots and a total of £123,000.

This sale comprised some 308 lots of which 300 had all come from the home of the late Brian Donald Hewens Miller.

Like English haggis and Scotch rarebit, the idea of Welsh Whisky is somewhat dubious. A few years ago a Welsh bottling company began to market a product called Welsh Whisky, which won praise from American connoisseurs but was just Scotch whisky in disguise.The company subsequently ceased trading.

THIS year’s annual International Fine Print Dealers Association Print Fair, scheduled for October 31 to November 4, has been cancelled with the forced closure of the Seventh Regiment Armory to non-military activities.

The market continued to favour top-quality fresh-to-the-market works at the expense of lower-end entries at Phillips (15/10% buyer’s premium) antique and modern jewellery sale on October 10.

Sotheby’s (17.5/10% buyer’s premium) move to Olympia was accompanied by a rethink of auction selling categories. Their general ceramic and glass sales have been split into smaller specialised European ceramics, British ceramics and glass auctions each to be held tri-annually at Olympia.