Latest News Articles by Alex Capon

Park Avenue Armory in New York

Dealers poised for opening of TEFAF New York – 10 highlights from around the stands

21 October 2016

The inaugural edition of ‘TEFAF New York’ opens today with an invitation-only preview as the organisers unveil the fair that represents their first transatlantic foray.

Venus, a painting attributed to Lucas Cranach the Elder

Princely buyer defends Cranach attribution over ‘fakes’ claim

20 October 2016

The buyer of a major Old Master painting at the centre of a potential ‘fakes’ scandal has strongly defended its authenticity as a row threatens to erupt over its attribution.

Trunks worn by Muhammad Ali

“He hit me harder than anybody else I have met” – Muhammad Ali boxing trunks from fight against Henry Cooper offered in London sale

18 October 2016

The boxing trunks worn by Muhammad Ali in a famous but controversial fight against Henry Cooper will be offered at a Graham Budd auction next month, estimated at £70,000-90,000.

Sotheby’s increases buyer’s premium

17 October 2016

Sotheby’s has increased its buyer’s premium with the changes effective from November 13.

Ming Dynasty banknote

Rare Ming Dynasty banknote found lurking inside Chinese sculpture

12 October 2016

Auction specialists in Australia have found a rare Ming Dynasty banknote hidden within a Chinese wooden sculpture. The discovery came at Mossgreen as they were cataloguing the extensive collection of Raphy Star – one of the most important collections of Asian art ever to be offered in the country.

Hannibal by Jean-Michel Basquiat

Overseas bidders take advantage of weaker pound to lift Frieze-week auctions

11 October 2016

Fewer lots were on offer at this year’s Frieze-week auctions in London but demand generally held up with international bidders taking advantage of favourable exchange rates.

Market forced on defensive over Old Master ‘fakes’

10 October 2016

Lawyers representing the Frenchman Giulano Ruffini have defended his role in handling paintings at the centre of a ‘fakes scandal’ besetting the Old Masters market.

Console tables at Mealy’

Console tables lead O’Reilly lots, selling at €145,000

08 October 2016

A pair of 18th century console tables led a selection of items previously owned by the former billionaire Sir Anthony O'Reilly offered at Irish auctioneers Mealy’s earlier this week.

Alexander Payne of Phillips

Phillips promote head of design Alexander Payne to deputy chairman

06 October 2016

Phillips have appointed design specialist Alexander Payne as deputy chairman.

Leslie Waddington by Sir Peter Blake

Christie’s sale of Leslie Waddington's collection brings lively start to London’s Frieze week

05 October 2016

The sale of Leslie Waddington's art collection drew a lively crowd to Christie’s last night as friends and family of the late art dealer watched bidders competing for virtually every single lot on offer.

Frans Hals portrait

Old Master market faces the “biggest art scandal in a century”

04 October 2016

A series of Old Master paintings has come under the spotlight as further details emerge about a potentially major fakes scandal.

Daniele da Volterra drawing

Brian Sewell’s art collection brings solid response at Christie’s auction

03 October 2016

A series of pictures from the collection of Brian Sewell drew spirited bidding at Christie’s with particular interest coming for his Old Master drawings.

Matriarch by Frederick Edward McWilliam

Irish art dealer’s collection chalks up over €600,000 at Dublin auction

29 September 2016

Works from the estate of the late Irish art dealer George McClelland helped Dublin saleroom Whyte’s post their best result for an art auction since April 2008.

Bonhams increase buyer’s premium thresholds

09 September 2016

Bonhams have followed Christie’s in increasing their buyer’s fees by adjusting their premium thresholds.

Buyers’ fees rise at Christie’s as auction house increases premium thresholds

07 September 2016

Christie’s have adjusted their buyer’s premium thresholds, bringing them closer into line but not identical to the rates at rivals Sotheby’s.

Martin Klosterfelde sothebys

Ex-Phillips specialist joins Sotheby’s Contemporary art department in London

06 September 2016

Martin Klosterfelde, a former Berlin-based contemporary art specialist and director at Phillips, has joined Sotheby’s.

Paddle8 and Auctionata appoint new CEO

05 September 2016

Online auction firms Paddle8 and Auctionata have appointed a former Sony boss as their new chief executive officer.

Birmingham anchor hallmark

‘Outsourcing’ of hallmarks: the trade view

02 September 2016

Opposition to the ‘outsourcing’ of UK hallmarks overseas is gathering momentum in the trade. Campaigners say the use of British hallmarks in India threatens a 700-year-old system for stamping precious metals.

Aldridges of Bath Caroline Craik collection

Silver vase takes a spectacular £23,000 at auction of dealer’s collection in Bath

31 August 2016

The auction of a well-known antiques dealers’ collection generated strong interest in Bath yesterday. The mixed consignment of 356 lots drew competitive bidding throughout but the eyecatching result came for an Indian work of art that went dramatically over estimate.

Benjamin Franklin sword at Christie's

Benjamin Franklin’s ceremonial sword comes to auction at Christie’s New York

31 August 2016

A sword owned by Benjamin Franklin will be offered at an upcoming Christie’s sale in New York, estimated at $200,000-300,000.