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Art and antiques news from 2002
In 2002 Tim Hirsch led a management buyout of Spink from Christie's.
Alfred Taubman received a jail sentence for his part in the Christie's/Sotheby's collusion scandal.
Rubens' long-lost Massacre of the Innocents sells for £45 million at Sotheby's in London. At the time it was the third most expensive painting ever sold at auction.
New dawn for Apollo
25 November 2002AT the last moment London-based international arts magazine Apollo has been saved. The December issue was to have been the last of the magazine, which was established in 1925, but late last week it was announced that The Spectator (1828) Ltd. had acquired all the assets of Apollo in a private sale, with immediate effect.
New French auction group
25 November 2002A new French nationwide auction grouping, Ivoire, was officially launched in Paris on November 21. The group includes auctioneers from three major cities (Lyon, Marseille and Toulouse) and nine other provincial towns (Aix-en-Provence, Avignon, Cannes, Chartres, Clermont-Ferrand, La Rochelle, Rheims, Saumur and Troyes).
Venus rises, Wailing Wall tumbles
21 November 2002Sotheby’s and Christie’s October sales of 19th Century European Art in New York told, or at least seemed to tell, very different stories of the current state of the market for high value Orientalist and genre painting.
The cat’s whiskers
21 November 2002THE sale at Amersham Auction Rooms (15 per cent buyer’s premium) on October 3 had a number of items with collector appeal – none more so than this Wemyss cat, right, a speciality within a speciality. The vendors had no knowledge of the value of the 123/4in (32cm) black and grey cat but bidders at Buckinghamshire didn’t need the Wemyss Ware Made in England painted mark to the base to recognise it for what it was and the cat sold to a local dealer at £4000.
Asian Art in London
21 November 2002Asian art in London, the annual nine-day celebration of the capital’s artistic, academic and commercial expertise in the Asian art field, was in full swing last week with auctions, dealers’ shows, lectures and exhibitions. The highlight of this year’s Asian auction series was this Chinese 15th century Chenghua mark and period ‘Palace’ bowl, part of the collection formed by the 2nd Baron Cunliffe offered at Bonhams on November 11 where it sold for £820,000 (plus 17.5/10 per centpremium).
Red granite bust sees estimate tripled
21 November 2002Egyptian material is the current antiquities favourite, especially Egyptian sculpture, so perhaps it was no surprise to see just such a piece top Sotheby’s November 6 sale of antiquities from the Charterhouse collection.
Success on the plate
21 November 2002Some dealers believe that the market for plated silver has never been the same since the Italians ducked out in the mid 1990s, and while it is true that types such as entrée dishes and tureens have gone off the boil, there is still (always?) demand for candelabra, anything set with mother or pearl or ivory (American interest here) and table centrepieces like the three examples illustrated here which were offered at Bonhams Chester (buyer’s premium 17.5/10 per cent) on November 6.
Fab Four at a fab price
21 November 2002WHILE the bubble may be bursting in some fields of collecting, Beatlemania looks like remaining a safe bet for a long time to come. The latest eye-popping bid for a piece of the Fab Four came on eBay when this 1968 Yellow Submarine bubble gum store display box, right, complete with 40 original, mint condition Beatles gum packs made £15,100.
Wood yew believe it? Burr cabinet rates a £5200 bid
21 November 2002Robert Finan has been holding these specialist sales at the Ship Hotel for six years and next year intends to go quarterly. With the major UK auctioneers having shipped their tribal art departments to Continental Europe and America, the valuer’s biannual outings are just about the only chance for the serious connoisseur to root out African totems and Maori weapons from the colonial timecapsules of the British countryside.
Long lost – and found
21 November 2002The paintings of Edwin Long (1829-1891) are well known to London’s gallery visitors, since there are works by him in both the National Portrait Gallery and the Royal Academy, but many of his works have long been lost or forgotten.
Hope springs eternal in Chinese ceramics
21 November 2002The results of Hong Kong’s October Asian series underscored the increasing polarity in this market in which there seems no limit to collectors’ and dealers’ insatiable desire for the best Qing dynasty mark and period porcelain or quality Chinese works with good provenance, but little interest in more standard Oriental fare.
Best foot forward
19 November 2002New look Olympia fair puts a spring in its step: CLARION Events, the in-house team who organise the Fine Art and Antiques Fairs at Olympia, are adopting a radical new approach to bring in customers for their Spring Olympia fair next February.
Bonhams’ stylish new look
19 November 2002BONHAMS have continued their bullish programme of expansion and modernising with a complete facelift – internal and external – of their Knightsbridge salerooms. With a grand launch on November 25, the new-look rooms have seen much more of a change than the makeover they enjoyed in the late 1980s.
Agnews case settled out of court
19 November 2002The claim against London art dealers Agnews over a painting formerly attributed to Constable has been settled out of court. Sir Simon Day launched the claim over a series of free valuations carried out on the painting – Hampstead Heath: Branch Hill Pond – from 1975 until the late 1990s.
Plate amour...
15 November 2002In Cologne on October 26 W.G. Herr (18% buyer’s premium) staged a Jubilee sale to mark their 50th auction in the cosy Friesenwall gallery where, as he puts it, Werner Herr has been “swinging the hammer” for 20 years.
Your chance to acquire the King’s crown…
15 November 2002For all those fans who ever longed to run their fingers through Elvis Presley’s hair, now there’s a chance. While locks or strands of Elvis’ boot-polished black hair have been sold in the past, one of more than 1400 memorabilia lots in a sale closing on November 14-15 on www.mastronet.com is something just a bit special.
Bids blossom for Greenock rarity
15 November 2002Back on October 8, Christie’s South Kensington (17.5/10% per cent buyer’s premium) held one of their periodic silver sales where the emphasis is on Scottish and Irish silver. There is a keen collector’s market for such pieces if they are unusual in some way (carrying scarce Scottish provincial marks, for example), but standard material, as with much else in the silver field, is less eagerly snapped up unless very keenly priced. So it proved here.
Why do bibulous businessmen bypass the decanter?
15 November 2002Wine-related silver is sitting at the top table of the market at present as the luxury boozing culture of hard-working businessmen props up the value of coasters, labels, corkscrews and funnels. But one area that has not benefited so much from the interaction of wine merchants and boardroom boys in recent years has been the standard Victorian decanter and claret jug.
Commercial mix and keen estimates help standard offering to high take-up
15 November 2002There were no massed ranks of Prussian royal silver on offer at Sotheby’s Olympia (17.5/10% per cent buyer’s premium) on October 24. On offer here was a good 350-lot commercial mix of English and Continental fare from a variety of sources which netted £310,000.
Caughley tops the 1000 ceramics
15 November 2002THAT the Berkshire auctioneers Law Fine Art could garner more than 1000 lots, sell more than 70 per cent of them and reach a total of £160,0000 for this latest of their thrice-yearly ceramics and glass sales says as much about Mark Law’s and Nicholas Lyne’s operation as it does for the general strength of ceramics in these generally difficult times.