News

FINE wine is one of those areas of the auction market which is bound to catch a cold if the world economy sneezes into recession or slowdown over the coming months. Higher than usual unsold rates at recent auctions in London and New York would suggest that buyers are already taking a more selective view of the wine market.

UK: TWO days of selling in the niche sporting memorabilia market resulted in something of a score draw for specialists Mullock Madeley.

Irish bid beats London trade to £11,500 bureau plat UK: PHILLIPS’ Northern torch carrier nets consignments from an extensive area – everywhere east of the Pennines from the Scottish Border to South Lincolnshire – but, even so, the fine furniture sales that used to be held six times a year are now quarterly events with fairly slim 200-250-lot catalogues.

UK: THIS 63/4in (17cm) high striking table clock proved to be the most expensive lot in a sale of clocks and watches held by Christie’s South Kensington 17.5/10 per cent buyer’s premium) on December 14.

UK: SPECIALIST auctioneers Tool Shop Auctions (10 per cent buyer’s premium) finished the year with an 1100-lot dispersal on December 4 at Needham Market Suffolk, where a UK bidder beat an American rival to the top seller, this extremely rare boxwood Ultimatum brace, right, by William Marples.

USA: FLORIDA-based organiser David Lester launches a new quality fair in the state when an international roster of dealers show at the first Palm Beach Town & Country Art and Antique Exposition from March 8 to 13.

UK: THE last of the monthly sales of collectors’ items and antiques of the year at Cirencester was dominated in visual terms by a pair of Cotswold stone columns, 7ft 6in (2.25m) high, which had been rescued by the vendor from a cowshed where they had lain for 60 years. They achieved a new-found status when they sold at £1200.