Auctions

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.

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.

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.

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

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.

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.

Job lots in local sales that are not widely advertised can sometimes yield the greatest bargains. As such, this William III oval silver spice box, right, was the treasure acquired with the detritus of a job lot by a local dealer at a Nottinghamshire auction for just £12.

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.

SOTHEBYS.COM are offering a rare portrait by Frederick Lord Leighton, which has been discovered in the estate of a collector from Indiana in the United States.

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.

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.

Like most provincial auctioneers, Christopher Ewbank was rather apprehensive of the market prior to his October sale on 4 October at Send. “I was relieved really,” said Mr Ewbank after the sale where attendance was strong and the “furniture dealers were still out in force”.

EVIDENCE of the growing affinity between the worlds of antiques and decoration was to the fore at the recent Decorex International, held at the Royal Hospital, Chelsea from September 23-26.

IT wasn’t the most promising opener to the season – a shadow of recession over Britain and as expected, a complete absence of American buyers – so the success at the Halls Welsh Bridge rooms on 21 September was all the more notable.

The rediscovery of a significant work by a major Old Master painter is always an event for the art trade, even if the work not obviously commercial. When Anthony Blunt wrote his monograph on Nicholas Poussin (1594-1665) this painting, right, of The Holy Family with St. John the Baptist, executed c.1627-28 when the young Poussin first worked in Rome, was only known from engravings.

Fresh quality stock may be thin on the ground at present, but the early 19th century mahogany sideboard and the mid-18th century oak dresser, pictured, which provided the single highlights of their respective sales, were proof that hope should not yet be abandoned.

One of the prettier pieces among the 300 jewellery and silver lots put up at Edinburgh by Phillips (15/10% buyer’s premium) on September 21 was this diamond, rock crystal and nephret lily-of-the-valley brooch, right. Estimated at up to £1000, it sold at £1500.

THE trade’s fears that the events of September 11 would usher in the long expected recession with a collapse in international bidding were allayed here in Herefordshire at Brightwells on 12-13 September.