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Latest art and antiques news from Antiques Trade Gazette. Browse by topics such as art finance, auctions, insurance and recruitment.
Riding the Marcel wave…
14 June 2002Marcel Breuer is one of the major names in furniture associated with the Bauhaus design school. When examples of his distinctive take on modernist furniture design come up for auction they regularly make substantial sums, but it is rare for an entire collection to find its way under the hammer especially a collection of specially commissioned pieces from a named provenance.
Quality, age and original condition provide the right mix
14 June 2002This rare Elizabethan oak draw leaf refectory table proved to be the chief atttraction at the sale of the late Clive Sherwood’s Collection offered by Sotheby’s Olympia (17.5/10% buyer’s premium) on May 22, when it sold for a mid-estimate £55,000 to a London dealer.
A primitive makeover for Raphael
14 June 2002La Guérison de l’Epiléptique, 3ft x 2ft 4in (91 x 70cm), pictured right, by André Bauchand (c.1927), based on Raphael’s Transfiguration, sold on low-estimate for €3800 (£2450) at Blanchet (17.94% buyer’s premium) on May 15, partly reflecting the indifferent condition of its paintwork.
Portrait miniature makes £200,000
13 June 2002This portrait miniature of a 30-year-old lady by Nicholas Hilliard, dated 1582, set a new auction record for the artist at Sotheby’s Olympia rooms on June 6 when it sold to a private collector bidding on the phone against the room for £200,000 (plus premium).
Dublin unveils unknown hoard of works by Joyce
12 June 2002THE National Library of Ireland has acquired a sprawling collection of manuscripts by James Joyce, which remained hidden for nearly 60 years after being concealed from the Nazis.They include a total of some 700 pages in six notebooks, 16 drafts from Ulysses and typescripts and proofs of Finnegans Wake.
Spectre of art tax scandal looms
12 June 2002THE head of one of the United States’ biggest industrial conglomerates has quit the company after being indicted on charges of sales tax evasion on paintings valued at $13m.
Auctioneer sues vendor after settling buyer’s claim over painting
12 June 2002A VENDOR has been ordered to pay more than £10,000 legal costs after a picture he sold at auction proved not to be by the famous German artist to whom it was attributed.
Taubman starts sell-off process
12 June 2002ALFRED Taubman, who has just announced an appeal against his collusion conviction, has started the ball rolling in his bid to sell his controlling stake in Sotheby’s.
UK international art trade continues to grow in value
11 June 2002THE value of the UK’s international trade in art and antiques rose for the fifth year running during 2001. Total exports were down by 4.75 per cent to £1884m, but this was more than matched by a 13.5 per cent rise in total imports which were valued at £1623m.
£16,600 Paris magic pulls clock trade to Dublin
06 June 2002MAJOR players from the English and Continental clock trade travelled to Dublin on May 1 for the sale of this important and rare 19th century ormolu-cased French automaton clock, right, at O’Reilly’s (15% buyer’s premium).
Rug rings up £11,200 bonus
06 June 2002A BONUS of the bona fide house clearance is the family rug – usually in a dishevelled condition but market-fresh, which surprises auctioneer and local trade alike by taking the top price of a sale from a mysterious overseas buyer.
Complexities of styles and design
06 June 2002TILES: Tiles seem to be the new hot collecting area in British decorative ceramics. Following on from a sellout exhibition at Richard Dennis’s shop in Kensington last year, Bonhams held a sale of ceramic design in January that featured a large collection of De Morgan tiles which were pursued by a determined band of private collectors to prices that rivalled those of the pottery’s striking hollowwares.
Prices hold up despite the shift to Paris of profitable French fields
06 June 2002The smallest (but not the smallest grossing sale) in the London rooms last month was the 115-lot, £581,000 gathering of 20th century Decorative Arts offered by Christie’s King Street on May 15.
Gold price rise
05 June 2002Tension in the East and distrust in the West have combined to force up gold prices.The steady increase in the value of gold over the past two weeks is due to “a combination of factors,” according to jeweller and precious metals dealer Michael Bloomstein.
Lowestoft’s rarest animal
05 June 2002Mention rare animals to a Lowestoft resident and you are likely to be directed to Suffolk’s only wildlife park on the outskirts of town, where African lions and ring-tailed lemurs roam the saltmarshes.
Taubman appeals against conviction
31 May 2002In a second attempt to have his price-fixing conviction overturned, former Sotheby’s auction house chairman A. Alfred Taubman has asked an appeals court to reconsider his case, citing errors by the trial judge. “This was not a fair fight,” lawyers for the Bloomfield Hills multimillionaire said when filing the 95-page appeal document on May 21.
It’s those guides again
31 May 2002THE spectre of misleading fair guides landing dealers with bills for hundreds of pounds for unwanted advertising has risen yet again.
Book thief faces £402,000 compensation demand
31 May 2002AN ex-Cambridge University student, jailed for four years for plundering priceless historical book collections, may face a stiffer sentence unless he repays hundreds of thousands of pounds.
The Wild Irish Girl’s publishers almost missed the boat…
28 May 2002THE WILD IRISH GIRL was the novel that made the name of Miss Sydney Owenson, the daughter of a Shrewsbury merchant and mayor who later married Sir Thomas Charles Morgan, surgeon to her Dublin patrons, the Marquess and Lady Abercorn. A self-proclaimed national tale, it weaves Irish history, politics and mythology into a romantic tale but the author’s vision of a politically and religiously united Ireland remains a dream.
Kennerley’s Dinky vans deliver the specialist goods
28 May 2002A former chief executive of Vernon’s Pools hit the jackpot at Vectis (10 per cent buyer’s premium) on May 8-9, when the specialist toy auctioneers dispersed just over 2000 lots of his Dinky and Corgi vehicles at their Buckingham salerooms for a total of £350,000.
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