London

Royal Museums Greenwich are attempting to raise £10m to buy a version of The Armada Portrait of Elizabeth I. The work currently belongs to descendants of Sir Francis Drake but the institution say that unless the required funds are raised, the painting “could be sold on the open market and even go overseas”.

Christie’s have admitted to “an honest and genuine mistake” by putting up for sale an ivory and kutch silver trophy that contravened CITES regulations.

Although its launch was only announced in February, the ‘Modern Art Fair’ planned for September in London has been postponed, but will run in 2017.

Japanese works of art specialist Malcolm Fairley is the latest dealer forced to relocate while Crown Estates refurbishes the building they rent space in St James.

A large scrimshaw-decorated nautilus shell by Charles B Wood sold for an unexpected £8500 at Charles Miller’s latest sale of maritime antiques in London. It sold to a UK private collector.

Chiswick-based High Road Auctions have closed their satellite branch in Twickenham.

Two landscapes by 19th century European artists have been donated to the National Gallery by Asbjørn Lunde, an American of Norwegian extraction who is one of the world’s top collectors in the field.

Key former members of Dreweatts & Bloomsbury Auctions have started a new auction firm.

Tickets are now available for the third Art Business Conference which will take place at Church House Conference Centre in Westminster, London on September 1.

For the first time at a major UK event, next month’s summer Olympia is giving five ‘new’ dealerships the chance to experience an international fair.

A top European contemporary art gallery is set to take over the Mayfair premises of troubled dealership Mallett.

As West Ham and Manchester United prepare to play the final match at Upton Park tonight, the East London club have announced that fans will have the chance to buy their own slice of Hammers’ history with an extensive auction of memorabilia, including fixtures and fittings from the stadium itself.

Christie’s have announced details of their latest ‘themed’ sale – an evening sale of British art which will take place in London on June 30.

Moses Otunia, who owns the vintage furniture shop Bleu in Herne Hill, launched the Modern Movement Fair at the nearby Brockwell Lido, in Brockwell Park, south London, in 2008.

The Oval, the international cricket ground at Kennington, south London, which is home to Surrey County Cricket Club, is the location of a new annual fair run by the founders of the Midcentury Modern shows.

Dealers starting out today will struggle to replicate the success of established Old Master dealers, according to Richard Green.

Fears are growing that independent London art dealers will be priced out of new premises being built in Cork Street as property developers have started targeting high-end international galleries.

A large Indian gouache on paper miniature was the unexpected highlight of a specialist Islamic & Indian Arts sale at Roseberys in London last week.

The great and the good of the art and antiques world descended on The Royal College of Surgeons in central London last night for a party to celebrate ATG’s 45th anniversary. Flick through the image slideshow here to get a flavour of the event and see who you recognise. The event was sponsored by Auction Logistics from Mailboxes Etc.