News topics

THE balloon-like market for contemporary art lost much of its air last week as both the Frieze Art Fair and its related auctions suffered the full force of the global economic crisis.

THE contemporary art downturn had a tangible effect on the market for urban art as the sales staged in London by Bonhams in New Bond Street on October 23 and Dreweatts in Shoreditch on October 14 witnessed greater selectivity amongst buyers.

The Metropolitan Police’s new team of ArtBeat Special Constables were deployed for the first time on October 20 as part of Operation Syenite. The aim of the operation is to raise awareness among London’s art world about antiquities looted from the Afghanistan National Museum in Kabul during the 1990s.

This japanned lacquer case to this Georgian bracket clock was stolen from a restorer in Norfolk on October 15. The case, which had been restored, is slightly larger than is normal, accommodating a musical movement.

Auction Atrium are to hold a two-part evening course on English and Continental Porcelain.

AN eBay user is being threatened with a libel action after posting negative feedback about a seller.

An American collector has filed two lawsuits against Sotheby's, alleging they concealed a financial interest in and inflated the price for an Edward Hicks' Peaceable Kingdom that he bought in May for almost $10m.

Offered at Lawrences of Crewkerne on October 16, this Ming dynasty blue and white brushwasher has Xuande (1425-1435) character marks and is of the period.

Reports of the vast sums of money lost by some Russian oligarchs in the recent financial crisis did not appear to hamper enthusiasm for a collection of Russian cloisonné sold at Freeman’s in Philadelphia on October 8.

The Lenkiewicz Foundation have exposed two fake Robert Lenkiewicz (1941-2002) portraits after they were seen advertised for sale on a dealer's website. The dealer immediately withdrew the two paintings, a self-portrait and Study of Lisa Stokes, once contacted by the foundation.

A Bank of England £1m Treasury note sold at Spink on October 1 for £68,000.

Help is at hand for well-heeled jobseekers intent on gaining an entry into the art world. Sophie Macpherson Fine Art Recruitment and Consultancy, together with Virginia Sykes-Wright, project director of Asian Art in London, have developed a new Fine Art Careers Course designed to help people break into a highly competitive employment marketplace.

WHETHER or not the art market will be able to steer its way through the current financial storm remains an open question. But providing some relief from the constant talk of falling stocks and the global credit crunch, a pair of Dutch marine pictures saw some strong bidding at the latest picture sale held by Woolley and Wallis on October 8.

It proved, as predicted, to be the highest priced item in London Islamic week sales, but the Fatimid rock crystal ewer did not generate quite the fireworks that were expected before it came up for sale at Christie's on October 7.

Royal Worcester porcelain is one of those collecting areas which is plentiful enough in its many different ornamental styles to support a wide collecting base. There are buyers for all the different forms, from George Owen’s scarce reticulated vases to Doris Lindner’s equestrian models.

The University of Wolverhampton have announced they will launch a new two-year Foundation Degree in Auctioneering and Valuation in February 2009.

BOOKS being used in their physical form alone to disguise an entirely different function are nothing new – money boxes are a perennial favourite – but the book as Thunderbox?

Following a successful conclusion to one of the largest cases of its type in years, a serial forger has been jailed for the faking and forging of antique silver flatware. Here ATG publish material accumulated during the investigation in an attempt to minimise the impact of the fakes on the spoon market.

THIS extremely rare 18th Century Khyber knife was the highlight of the London sale conducted by Norfolk-based sporting gun specialist Holts, where it sold for a surprise £38,000.

DEALERS and auctioneers have had a timely reminder of the dangers of accepting cheques as payment, with the jailing of a conwoman who amassed over £2m worth of art and antiques.