Front Page and News

An impressive Edwardian aquamarine and diamond brooch with a provenance to the first lady to take her seat as an MP in the UK sold for £54,000 (plus 25% buyer’s premium) at auction this month.

Auction house Bonhams has raised its buyer’s premium levels, adding a new threshold of 27.5% on the first £2500/$3000 of the hammer price.

Stansted Mountfitchet auction room Sworders is opening a viewing and consignment office in central London next week.

Two previously unpublished ink sketches by John Constable (1776 -1837) excelled at Chiswick Auctions’ latest British & European Fine Art sale.

A lack of sufficient stellar consignments at the latest Contemporary art sales in London meant the overall total was down on last year.

Colonial Williamsburg in Virginia has acquired a Joseph Wright of Derby (1734-97) portrait of an Irish veteran of the French and Indian War. The foundation bought it at Sotheby’s Old Master day sale in London in December when it sold for £40,000 plus premium.

Ahead of the Maastricht fair on March 16-24, TEFAF has appointed a new global chairman of vetting.

As we approach a crunch vote on Prime Minister Theresa May’s Brexit deal, a no-deal result is still a possibility – so too the prospect of an extension to the Article 50 process beyond the March 29 deadline. As the selection of comments and advice from across the trade suggests, the art and antiques sector, like businesses up and down the country, is preparing for every eventuality.

The French auction system could be set for more reform with a draft bill recommending further change due to be launched later this month.

A trio of tickets issued by one of the UK’s first passenger railways sold for £1050 at a recent sale held by David Duggleby (21% buyer’s premium) in Scarborough.

The latest Impressionist & Modern art auction series in London generated decent competition on a few key lots but the overall total was the lowest for a February series in this category since 2016.

Sotheby’s has reported a 16% jump in sales to $6.4bn (£4.8bn) for 2018 – a reward for its focus on growing online and private sales. Profit, or adjusted net income, improved by 5.9% to $128.9m.

A monumental cloisonné vase – the previously missing element to a triptych made for the 1893 Columbian Exposition in Chicago – sold for $110,000 (£85,000) in California.