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BOOK dealers are turning auctioneers and fair organisers in a bid to generate new income.

THIS iron casket with gold and silver damascening decoration provided the high point of the sale conducted by Shapes of Edinburgh on March 7, selling at £37,000.

AUCTIONEERS’ liability for their catalogue descriptions may soon stretch far beyond the saleroom – even to third parties not involved in bidding – if plaintiffs win a pending New York test case.

DAVID Smith of Neptune Fine Art, the dealer who was duped into buying a fake Lowry painting, has told ATG that potential buyers should be exceptionally careful when considering purchasing a Lowry painting.

COSMETICS giant L’Oréal took their multi-pronged legal tussle with online auction site eBay to the High Court in London last week.

Following days of brinkmanship between the vendor and the Indian authorities, the controversial saga of the auction of Mohandas Gandhi’s personal items reached a satisfactory conclusion when they were acquired for the Indian people by a wealthy businessman.

DUTCH police have recovered eight paintings stolen from Robert Noortman’s gallery in Maastricht in 1987. The works, which included valuable works by Renoir and Pissarro, were traced to two small towns in the south of Holland after an alleged middleman in Dubai made an attempt to sell the paintings back to the insurers for a reported €5m (£4.5m).

The opening night of TEFAF Maastricht (March 13-22) was as impressive as ever: if anything the quality was better than at recent stagings, there was no sign that people were staying away, while exhibitors in the traditional sectors were quietly optimistic that business could be done.

DERBYSHIRE police are investigating a theft of diamond jewellery from a dealer’s hotel room after he returned from exhibiting at Dragon Fairs’ two-day Derby University fair.

THE French auctioneers' association SYMEV have launched their annual weekend Follement Marteau to promote buying at auction on March 28-29.

THIS year's 22nd staging of TEFAF Maastricht, which starts on March 12 with a day-long vernissage, will be scrutinised more than any other for signs of how the international art market is coping with global recession.

POLICE are urging churches to review their security measures after 20 pieces of valuable silver were stolen in raids on three churches in Warwickshire villages in under a week.

SOTHEBY’S latest figures showed just how deeply they were hit by the art market slump since October, with revenues for their final quarter sales cut by more than half to $166.2m. Profits for the year are down 87 per cent.

THE global art market grew by 11 per cent to £40.1bn over the last year, according to the survey just published by The European Fine Art Foundation (TEFAF). The report, prepared by leading art economist Dr Clare McAndrew, is the latest in a series of major studies commissioned by TEFAF that act as a focus for the launch of their annual Maastricht fair – the world’s top such event.

Among the highlights of the sale conducted by Sworders of Stansted Mountfitchet on February 17 was this William IV patent mahogany library armchair, with carved acanthus leaf sides, turned lobed front legs and outswept back supports.

JAMES BRINDLEY lies amongst these Rocks,He made Canals, Bridges, and Locks...

Leonard Joel auctioneers of Melbourne, Australia, are appealing to vendors to consign art, antiques and jewellery to auction and donate the proceeds to the Victorian Disaster Appeal to help victims of the Victorian bushfires.

SOUTH Wales auctioneers Peter Francis anticipate moving to their new Carmarthen saleroom in the spring.

THE annual survey from LAPADA, the UK’s largest art and antique dealer association, shows a largely stable market compared with the previous year, but with one or two significant changes.