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Latest art and antiques news from Antiques Trade Gazette. Browse by topics such as art finance, auctions, insurance and recruitment.
Bids on a roll with the help of realistic estimation
13 February 2002London’s first costume and textile sale of the year took place at Christie’s South Kensington (17.5/10% buyer’s premium) at the end of January, the 318 lots netting just over £150,000 with an 87 per cent take-up by lottage, 89 in money.
Impressionist and Modern sales with a wow factor
12 February 2002The London art market received a major lift in the salerooms last week when Sotheby’s and Christie’s attracted remarkably strong levels of international demand for their February round of Impressionist, Modern and Contemporary auctions.
Antique Furniture Index shows seven per cent rise for 2001
12 February 2002THE Antique Collectors’ Club have published the results of their Annual Furniture Index, which shows a seven per cent rise for 2001. The index now stands at 3575, its highest point ever, from a base of 100 in 1968.
French constitution will water down Unidroit
12 February 2002France has taken the first step towards adopting Unidroit, which enforces strict controls on the restitution of stolen art. On January 29 a first reading of the bill ratifying the convention was adopted by the Assemblée Nationale (lower-house).
Soaring gold price shows the way
12 February 2002THE collapse of Enron seems to have had a belated effect on the price of gold – but for the better. Gold rose by more than $23 (£16) per ounce this week, a positive move that was reflected by a slight rise in both silver and platinum, as buyers seek more tangible assets for investment.
Lawyers predict £100m-200m UK class action within weeks
11 February 2002LAWYERS say that Sotheby’s and Christie’s can expect to face a £100m lawsuit over price-fixing at UK auctions within the next few weeks.
Il Parmigianino on a jpg
07 February 2002Last summer Christie’s Old Master drawings expert Nicolas Schwed was sitting at his desk in Paris checking through his e-mails when he came across this 460-year-old face staring back at him from his computer screen.
Stars and students in print
07 February 2002IN 1954 the painter and printmaker, Philip Reeves (born 1931), being interviewed for a post as a lecturer at the Glasgow School of Art, produced a letter of reference from the artist Robert Austin (1895-1973).
Lawrence and Burton triumph
07 February 2002THE LAST 450 or so lots of a two-day general antiques sale on 6 December at Cheffins, Cambridge comprised books, many of them multiples.
Age and rarity: two paths to silver success
07 February 2002FINLAND: While they would not look out of place in the William Morris Museum or in Hill House Helensburgh, two silvered brass candlesticks in this sale had never left Finland. They came up for auction at Helsinki auction house, Hagelstam (12% buyer’s premium) on December 1 last year, where they had been catalogued with an estimate of FiM50,000/€8410 (the fale was conducted in Finnish Markk.
International photo fans hail a Scouse Giza
07 February 2002FRANCE: FRANCIS FRITH (1822-98) was the focus of attention of Beaussant-Lefèvre’s sale of 19th century photographs at Drouot on January 25, as expert Pierre-Marc Richard claimed a world record auction price of €23,000 (£14,400), almost double-estimate, for a Francis Frith photograph: an 1858 view of The Pyramids of El-Geezeh from the south-west (pictured).
A horrid Hobbit and a glimpse of London shadows and swamps
07 February 2002The estimate of £25-35 placed on a second impression copy of Tolkien’s The Hobbit was a reflection of its condition – “deplorable” being the cataloguer’s chosen epithet. There was no jacket and 20-30 leaves had been torn loose, one of which had been further torn into four (now three) pieces.
From Dürer to Ackroyd, the magic touches
07 February 2002Exhibitions outside London: Specialist print dealer Elizabeth Harvey-Lee (1 West Cottage, Middle Aston Road, North Aston, Oxon OX25 5QB. Tel: 01869 34 7164) has built up an impressive reputation for producing informative, well-illustrated stock catalogues.
Commandos trade in guns for schoolbooks
07 February 2002ONE of the more successful entries in this end of year sale at Comic Book Postal Auctions brought Christmas cheer to the Friends of St. Matthews School in Yiewsley, whose fund raising activities had brought in a large quantity of books, comics and annuals.
Experts spot £16,500 Ming vase
06 February 2002AUCTIONEER Mark Bowman is hardly the first auctioneer to be taken aback by the price achieved by a piece of Oriental porcelain, and not just at provincial rooms like his operation at the Wotton Auction Rooms (10% buyer’s premium).
Downsize move puts Hampton Court Stud desk on market
06 February 2002THE antiques trade was hard hit last year and the Surrey auctioneers Ewbanks are finding that the current uncertain economic climate is stopping private vendors from consigning their property to sale.
Sweet Charity...
06 February 2002New men at the rostrum bow in with aristocratic vendors and trade buyers: Short of a fine sale of antiques, a charity auction on 18 January was probably the best way that Bonhams could celebrate their takeover of Phillips’ old rooms in the capital.
Staffordshire Army gets Rich prices
06 February 2002There was no charitable quarter given to rival bidders when this plaster bust of General Charles Booth took centre stage at Duke’s (15 per cent buyer’s premium) dispersal of the Timothy Rich collection of Staffordshire figures in Dorchester on January 24.
Painted Ark floats to triple estimate
06 February 2002This was a busy sale at the Hagley community hall for Fieldings on 12 January with a good crosssection of material on offer attracting a good mixture of trade and private buyers.
Now eBay strike online deal with sothebys.com
05 February 2002THE influence of eBay in the online antiques trade has increased further with the announcement of an online deal with sothebys.com.
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