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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.

Rare tea caddy provides a spoonful of reassurance

26 October 2001

THE nationwide buyer-base of Lays auctioneers was reflected by concerns far beyond the Duchy – Bath dealers, for instance, were particularly worried about selling on to American clients. However, a £213,076 total from 1906 lots was proof enough that business is still there to be done.

Spice, amour... and a healthy profit

24 October 2001

Job lots in local sales that are not widely advertised can sometimes yield the greatest bargains. As such, this William III oval silver spice box, right, was the treasure acquired with the detritus of a job lot by a local dealer at a Nottinghamshire auction for just £12.

No tantrums over this tiara

24 October 2001

The market continued to favour top-quality fresh-to-the-market works at the expense of lower-end entries at Phillips (15/10% buyer’s premium) antique and modern jewellery sale on October 10.

Rediscovered Leighton offered on sothebys.com

24 October 2001

SOTHEBYS.COM are offering a rare portrait by Frederick Lord Leighton, which has been discovered in the estate of a collector from Indiana in the United States.

Welsh on the rocks

24 October 2001

Like English haggis and Scotch rarebit, the idea of Welsh Whisky is somewhat dubious. A few years ago a Welsh bottling company began to market a product called Welsh Whisky, which won praise from American connoisseurs but was just Scotch whisky in disguise.The company subsequently ceased trading.

NY print dealers improvise too

24 October 2001

THIS year’s annual International Fine Print Dealers Association Print Fair, scheduled for October 31 to November 4, has been cancelled with the forced closure of the Seventh Regiment Armory to non-military activities.

Strasbourg faience quells the nightmare

24 October 2001

Sotheby’s (17.5/10% buyer’s premium) move to Olympia was accompanied by a rethink of auction selling categories. Their general ceramic and glass sales have been split into smaller specialised European ceramics, British ceramics and glass auctions each to be held tri-annually at Olympia.

Furniture dealers turn out in force to allay worries

24 October 2001

Like most provincial auctioneers, Christopher Ewbank was rather apprehensive of the market prior to his October sale on 4 October at Send. “I was relieved really,” said Mr Ewbank after the sale where attendance was strong and the “furniture dealers were still out in force”.

…and one for the pot

22 October 2001

The Artful Teapot by Garth Clark, published by Thames & Hudson. ISBN 050051045 £28 hb

Look SM’ART

22 October 2001

A new design fair made its debut last month in Paris at the Carrousel du Louvre on September 29. Focusing on pieces, from the 1950s to the present SM’ART (le salon du mobilier et de l’objet design) mixed post-war design classics from Italy, France and Scandinavia with works by contemporary designers.

Simply inspirational

22 October 2001

EVIDENCE of the growing affinity between the worlds of antiques and decoration was to the fore at the recent Decorex International, held at the Royal Hospital, Chelsea from September 23-26.

Dealers still falling foul of fair guide fees

22 October 2001

Trade warned to read small print telling of charges before filling in forms. Dealers are again at risk of falling foul of a questionable marketing ploy that could leave them facing bills of hundreds if not thousands of pounds.

Americans miss sale but world keeps turning– at £13,000

22 October 2001

IT wasn’t the most promising opener to the season – a shadow of recession over Britain and as expected, a complete absence of American buyers – so the success at the Halls Welsh Bridge rooms on 21 September was all the more notable.

Poussin’s strictly private appeal

22 October 2001

The rediscovery of a significant work by a major Old Master painter is always an event for the art trade, even if the work not obviously commercial. When Anthony Blunt wrote his monograph on Nicholas Poussin (1594-1665) this painting, right, of The Holy Family with St. John the Baptist, executed c.1627-28 when the young Poussin first worked in Rome, was only known from engravings.

Five-figure lone stars prove the case for the provinces

22 October 2001

Fresh quality stock may be thin on the ground at present, but the early 19th century mahogany sideboard and the mid-18th century oak dresser, pictured, which provided the single highlights of their respective sales, were proof that hope should not yet be abandoned.

Using your marbles

22 October 2001

Figured in Marble: The Making and Viewing of 18th-Century Sculpture by Malcolm Baker, published by V&A Publications. ISBN 1851772987 £50 hb

£1500 Edinburgh rock

22 October 2001

One of the prettier pieces among the 300 jewellery and silver lots put up at Edinburgh by Phillips (15/10% buyer’s premium) on September 21 was this diamond, rock crystal and nephret lily-of-the-valley brooch, right. Estimated at up to £1000, it sold at £1500.

An £8000 bid is doubly welcome – coming from an American

22 October 2001

THE trade’s fears that the events of September 11 would usher in the long expected recession with a collapse in international bidding were allayed here in Herefordshire at Brightwells on 12-13 September.

Fake wood for sale

22 October 2001

Concrete garden furniture is the hottest new thing on the market, says Arundel, West Sussex dealer Spencer Swaffer who is finding benches, chairs, jardinières and planters flying out of his shop almost as soon as they arrive.

Spotlight turns on modern style in the land of the chic

22 October 2001

FRANCE: With Art Deco becoming increasingly rare and costly, collectors and auctioneers are starting to take a serious interest in Post-Deco: furniture and furnishings from the 1940s and later.