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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.
Top of the world!
07 November 2002Iron and clay in a white heat fusion as Philp brothers go Dutch with Spronken: In a new departure, London art dealer Richard Philp turns up the heat later this month and goes completely Contemporary.
No flight of fancy
07 November 2002In May 1919 New Yorker Raymond Orteig offered a $25,000 prize for the first non-stop aeroplane flight from New York to Paris. In the ensuing eight years dozens of people managed to cross the Atlantic Ocean by air, but no one met Orteig’s criteria until eight years later when on May 20-21, 1927 Charles A. Lindbergh made the longest non-stop, heavier-than-air transatlantic flight in his plane, the Spirit of St Louis.
Tally ho!
07 November 2002The imminent sale at Bloomsbury Book Auctions this Thursday (November 7) will feature a late 15th century French illustrated manuscript of the most important treatise on hunting of the Middle Ages, shown right. Gaston Phébus’ Livre de la Chasse and Livre de l’Ordre de Chevallerie, illuminated manuscript on paper, bound in 17th-century calf, in modern morocco-backed cloth case is estimated at £250,000-300,000.
RICS want masters course for graduates
05 November 2002UK: THE RICS Antiques and Fine Arts Faculty is working on a plan to develop a masters degree for graduates who hold a degree not accredited by the RICS.
Closed shop pays a £112,000 dividend
05 November 2002Auctioneers Walker Barnett & Hill (buyer’s premium 15 per cent) were understandably celebrating their decision not to break up the contents of WTM Snape’s Tea and Coffee Merchants of Queen Street, Wolverhampton, right, when they were put up for sale on September 30.
Disaster of a collection, triumph of a sale
05 November 2002FINE ART buyers may recoil from bloodied dead game or memento mori skulls on still lifes, but the rest of the market knows no such delicacy. Death and disaster, after a suitable lapse of time, become marketing opportunities, as was demonstrated at the Chiswick rooms of Harmers (15% buyer’s premium) on October 22 when their wide reputation as philately auctioneers brought them the remarkable Günther Heyd Disaster Mail collection from Germany.
Sotheby’s former Olympia chief aims for top Down Under
05 November 2002PAUL Sumner, brought in as managing director to launch Sotheby’s Olympia last year, has announced his aim to make Lawson-Menzies the top auction house in Australia within two years.
William Morris wallpaper designs
05 November 2002Edinburgh’s Royal College of Surgeons was the venue on the evening of October 29 for the sale by Thomson, Roddick and Medcalf of four important and original wallpaper designs by William Morris (1834-1896).
Frayling in the chair for Parker Knoll
05 November 2002The fourth Frederick Parker lecture, held last week at Church House, Westminster, confirmed the potential of this event as an important annual fixture when Christopher Frayling, Rector of London’s Royal College of Art, spoke on the evolution of art and design education in Britain since the 1830s.
US price-fixing compensation can go ahead say courts
05 November 2002EC fine Sotheby’s £13m – Christie’s escape penalty: THE US courts have given the go-ahead for compensation settlements to be paid in Sotheby’s and Christie’s $512m price fixing case. The green light came last week after the 90-day appeal period set by the US Supreme Court expired with no challenge to the ruling.
Tuai and Titere – Maoris from the Marsden Missionary School
30 October 2002Seen here are two black ink silhouettes of Teeterree and Thomas Tooi that sold for £2500 as part of the book and ephemera section of an antiques sale held on October 5 by Finan & Co. of Mere.
BACA launch their trade award scheme for 2003
30 October 2002THE next British Antiques and Collectables Awards ceremony will be held at the Dorchester Hotel in London on June 24 next year. Unveiling details of the scheme last week, the organisers revealed a number of changes in the award categories – a process they promised to continue last year as they assessed how each category worked.
Pleased to do their duty by Nelson
30 October 2002Few historic characters are guaranteed to generate more interest than the one-armed, one-eyed figure of Britain’s most celebrated admiral, Lord Nelson. Sotheby’s (19.5/10% buyer’s premium), Bond Street, 93-lot auction of Nelson memorabilia from the Alexander Davison collection sold on Trafalgar Day (October 21) to a room so packed that buyers had to spill over into an adjacent gallery.
Oh what a beautiful mourning
30 October 2002The fastest growing area of the jewellery market, mourning apparel has become “hot property in the past 12 months”, says Jethro Marles of Bearne’s. Pointedly excepting the sort of heavy black jewellery produced in large quantities during the post-Albert period, he says that the material that has doubled in value over the past year is the earlier, more delicate mourning jewellery of the sort shown right.
Extensive buying base may store up trouble
30 October 2002The COINEX week of sales was kicked off by Dix Noonan Webb with a 1928-lot sale on a long October 8. This marathon took ten hours to disperse, making a total of £483,639; this, exults Chris Webb, was their best ever sale.
Horse head with everything in its favour sees bidding gallop ahead
30 October 2002The second-eleven sale that followed on from Christie’s main Islamic auction, was held in their South Kensington rooms on October 18, with 324 of its 417 lots changing hands, and saw the highest take-up of all the sales in this autumn’s series.
Bligh relics acquired by National Maritime Museum, but it is not all plain sailing and there were other…
30 October 2002Pick of the Bligh relics sold at Christies King Street last month was the cup that he used to hold his meagre rations of bread and water, a coconut shell that bears his incised initials, the date April 1789 and, inscribed in ink around the rim, the words “The Cup I eat my miserable allowance of”.
‘Film props’ scam hits centre dealers
28 October 2002UK: A man calling himself Terence Lucas has disappeared without paying for antiques hired in antique centres to use as props in a film. Mr Lucas, who is described as white, around 40-45, 6ft tall, slim and with very short grey hair, visited three dealers in Antiquarius on the Kings Road, London on October 2, claiming to work for a company called Fine Art Research.
Valuable stolen atlases were broken up and maps sold off
28 October 2002UK: A man who stole two extremely rare atlases to remove maps and sell them individually over the Internet has been jailed for 15 months.
Vote aims to widen SOFAA’s influence among the profession
28 October 2002THE Society of Fine Art Auctioneers have voted through measures to widen their membership and strengthen their influence as a professional body. Thirty five of the 36 members took part in the ballot – all of them voted to open up the membership to include valuers and individual associate members. Until now, membership has been restricted to auction firms.