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This codified sequence of columns, dots and captions is what the superstitious folk of 16th century Italy consulted with more zealotry than a tabloid-reading lottery pundit in search of Mystic Meg.

Former Sotheby’s chairman Alfred Taubman fell asleep during board meetings and was more concerned with getting his lunch than running his company, a New York jury was told last week.

UPWARDS of 200 invited guests arrived at the Tate Britain on Tuesday night last week to celebrate one of the most notable successes in the art trade in recent years.The occasion: the fifth anniversary dinner for the British Art Market Federation.

Basic buyer’s premium almost doubles: On the rainswept evening of November 29 in Paris, as the tricolor fluttered proudly over the Elysée Palace and Christmas lights twinkled on the Champs-Elysées, history was made as Sotheby’s became the first foreign auctioneers ever to sell in France – exploding a monopoly dating back to 1556.

BIDDING was rather more subdued than usual at this recent Sussex sale at Strides on 6 November, but as ever, the manuscript section contained much that was of interest and, at a comfortable, safe distance, even rather amusing.

The secret memorandum that Nelson sent to all of his captains on the eve of the Battle of Trafalgar, outlining his plan to divide the fleet into three squadrons and thus be able to direct at least 24 ships against any part of the enemy’s line, has become one of the more celebrated documents in the history of naval warfare.

Manchester City Art Gallery, the underbidder at auction for the lantern which was the original model for Holman Hunt’s The Light of the World, have secured the piece after all. The gallery underbid the lantern, pictured right, when it was sold to a private collector for £46,000 (plus 15% buyer’s premium) on November 1 at Bonhams Knightsbridge.

AUCTIONEERS Sotheby’s (20/15/10% buyer’s premium) combined with New York dealers Stacks to auction the Dallas Bank collection of United States coins on October 29-30.

Alexander Knox, edited by Dr Stephen A Martin, published by ArtMedia Press Ltd ISBN 1902889029 £55hb

Art and Outrage (ISBN 074531354X) £15.99 and Art in the Age of Mass Media by John A Walker (ISBN 0745317448) £14.99, both pb and published by Pluto Press

‘Little mesters’ were the sub-contractors of the Sheffield cutlery industry – self-employed artisans who hired space in large factories to forge, grind and haft their blades, the factory owner receiving a substantial cut from their sale.

Design & The Decorative Arts in Britain 1500-1900 by Michael Snodin and John Styles, published by V&A Publications. ISBN 185177338X £45hb

As fresh, quality private consignments become ever scarcer, the competition for such works must make it difficult for auctioneers nationwide to put sales together. Although Bonhams’ (15/10 buyer’s premium) 400-lot Fine Asian Art sale on November 12 had fewer top quality works to tempt buyers than at Sotheby’s and Christie’s, the modestly estimated and fresh-to-the-market tea dust-glazed moonflask, Qianlong seal mark and period, saw buyers jostling for ownership.

Vermeer’s Camera: Uncovering the Truth Behind the Masterpieces by Philip Steadman, published by the Oxford University Press. ISBN 019215967 £17.99hb

Nothing is more certain to draw buyers in their droves than modestly estimated works from private collections. A single textile entry and two conservatively estimated porcelain collections did just that at Sotheby’s Olympia (17.5/10% buyer’s premium) inaugural Chinese Works of Art on November 16.

Chinese sales at Christie’s South Kensington (17.5/10% buyer’s premium) can always be relied on to produce some good prices during Asia week. While the morning works of art session in their Chinese Ceramics and Works of Art sale, November 8, was quiet, business picked up in the afternoon for the ceramics section.

One of the advantages of being an auction house with offices and salerooms spread around the country is that items with regional associations can be sold in the areas with the relevant local interest. This is precisely what happened on November 8 when the signed Louise Rayner (1832-1924) watercolour that had originally been consigned to Phillips Bath came up for sale 120 miles and one corporate take-over away at Bonhams Chester (15/10% buyer’s premium).

This 17th century wrought iron Armada chest had stood unopened in the attic of an English country house for 180 years until it was finally unsealed earlier this year and found to contain a mass of papers relating to Dr William Harvey and his brother Eliab which had been deposited there by his descendants in 1821.

On paper there was not much to separate these three French boxes at Dreweatt Neate’s sale on October 31-November 1. The engine turned gold snuffbox pictured above right was 19th century in date and expected to sell for £500-800.

Antiques & Collectables (the goodwebguide), published by The Good Web Guide Ltd, Broadwall House, 21 Broadwall, London SE1 9PL. (ISBN 1-903282-21-7). £9.99 hb