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Art and antiques news from 2001

In 2001 Alfred Taubman and Sir Anthony Tennant, respectively chairmen of Sotheby's and Christie's in the 1990s, were indicted by a US federal grand jury on charges of colluding to fix rates of commission between 1993 and 1999.

Taubman received a jail sentence the following year whereas Tennant refused to leave Britain to stand trial in New York and could not be extradited because there was no equivalent criminal offence in the UK.

In other news restrictions on travel in the UK due to foot and mouth affected auctions and fairs across the country.

The attacks of 9/11, in which 3000 people died, not only disrupted fairs and sales in Manhattan but also led to fewer US buyers travelling to the UK to acquire art and antiques. Trade in antique furniture was particularly badly affected in the following years.

Modest castaway is uncovered

12 February 2001

FRANCE: French auctioneer Jean-Emmanuel Prunier, whose saleroom is at Louviers in Normandy, spent several weeks researching the story behind a 19th century ship’s figurehead before his January 28 sale.

Early 19th century Italian marble and pietra dura table

12 February 2001

UK: Emblazoned with the full armorial of the Strutt and Galton families, this early 19th century Italian marble and pietra dura table stole the limelight at Short, Graham & Co.’s sale in Gloucester on January 23.

Jade chicken cup flies to £19,000

12 February 2001

UK: When a private UK vendor consigned a Chinese celadon jade cup to Christie’s South Kensington (17.5/10% buyer’s premium) at £400-600, he could not have hoped in his wildest dreams to sell it for almost 50 times the low estimate.

Ceramics take high ground in Devon floods

12 February 2001

Lambeth tugs and Staffordshire jug bring in bidders UK: THE Devon branch of Bonhams & Brooks were undoubtedly pleased to have disposed of their ‘Fine Furniture, Clocks and Objects’ before the floods, but in fact the weather did not seem to affect turnout for what looked more like an end-of-year clearance in December.

Instruments play second fiddle to bows

12 February 2001

THE Bath auctioneers Gardiner Houlgate (15 per cent buyer's premium), who have made musical instruments a widely and well-regarded specialist subject, saw a respectable 70 per cent take-up for their 317-lot event on 1 December.

Pinault must keep Pharaoh

12 February 2001

FRANCE: A Paris court has refused the request of Christie’s owner François Pinault to revoke the sale of a statue of Pharaoh Sesostris III on the grounds that it was not authentic.

British & Irish Sales 2000

12 February 2001

THERE are yet two major Sotheby’s sales of last December to report – the Travel & Map sale of December 14 and the English Literature & History sale of December 19 – but as there are no 2001 Sotheby’s sales scheduled until May, there is no fear of an overlap, and these sales aside, the three brief reports that appear below bring my wider coverage of the old year’s book sales to a close.

Aristocrats of design

12 February 2001

Robin & Lucienne Day: Pioneers of Contemporary Design by Lesley Jackson, published by Mitchell Beazley. ISBN 1840002395. £30 hb.

De Villa Dei's Doctrinale and Audubon’s Birds of America...

12 February 2001

US: ALTHOUGH literary manuscripts and first editions of the 19th and 20th centuries rather dominated the Christie’s New York sale of December 14, other areas of the market were represented in the catalogue, and illustrated here is a specimen of Dutch prototypography which sold at $26,000 (£17,930).

Judge lenient on price-fixing fine

12 February 2001

US: THE THREE year investigation into the price-fixing conspiracy between Sotheby’s and Christie’s entered its closing stages at a federal court in Manhattan last week as a federal judge formally accepted the criminal guilt of both auctioneers and no legal objections were raised to the terms of the $512m settlement in the civil lawsuit.

The sweet smell of Poésie’s success

12 February 2001

UK: ALTHOUGH not the highest grossing section of the four-day International sale at Sotheby's South, Billingshurst, the works of art section held on January 30 still saw a number of strong prices for sculpture and bronzes with the top seller this alabaster bust, right entitled Poésie.

The magic of Rackham

12 February 2001

UK: IN 1905, the Leicester Galleries, regular show place for Arthur Rackham R.W.S. (1867-1939) introduced Rackham to J.M. Barrie and as they say, the rest is history.

Buyers warm to February art date

12 February 2001

UK: Last week London saw Sotheby’s and Christie’s first ever round of major Impressionist, Modern and Contemporary sales in February.

Computer-age factor causes bureau bids to crash

12 February 2001

UK: HARROGATE, in terms of preserved 18th century elegance, may be the North’s equivalent of Bath, but even here 21st century pressures apply.

Riding in 50 years on

12 February 2001

UK: Fifty years in the same family, and for much of that time tucked away in a cupboard, this 6in (15cm) wooden Redcoat on a prancing horse was in perfectly preserved condition when offered at the Gloucestershire rooms of Wotton Auction Rooms (10 per cent buyer's premium) on January 23 & 24.

A view of the market from the sharp end…

12 February 2001

AS mentioned in recent issues of the Antiques Trade Gazette, some of the dotcom companies blazing the trail last year have gone very quiet in 2001. But that does not mean that all of them have gone under. In fact, in several cases, it is because they have had their heads down while they develop their businesses further and negotiate new funding deals.

Present values from sales of the distant past

12 February 2001

UK: FOR the record, a final mention of the busy pre-Christmas sales...

Clock clean reveals a fine feat of Clay

12 February 2001

UK: SOTHEBY'S Barometers and Clocks sale at Billingshurst on February 1 was one of the few areas where Joe Marshall’s treasures did not make a showing but expert-in-charge Jonathan Hills happily remarked on the current strength of the market across the board for horology.

Colnaghi’s take the wider view...

12 February 2001

US: THE January Old Master week in New York offered the opportunity to buy some exceptional drawings, but none was more exceptional than this panoramic view of Dordrecht, above, the work of Aelbert Cuyp (1620-1691) offered by Christie’s (17.5/10 per cent buyer’s premium) at their January 24 Old Master Drawings sale.

An exotic blend for coffee

05 February 2001

UK: IT WAS standard case furniture: tables and other useful pieces of mahogany that made much of the running in the 224-lot sale of furniture held by Christie's South Kensington on January 10, topped at £12,000 by a good Georgian library bookcase from a private deceased estate.