Auctioneers

The auction process is a key part of the secondary art and antiques market.

Firms of auctioneers usually specialise in a number of fields such as jewellery, ceramics, paintings, Asian art or coins but many also hold general sales where the goods available are not defined by a particular genre and are usually lower in value.

Auctioneers often provide other services such as probate and insurance valuations.

$10,000 hammer horror…

05 December 2003

JUST in time for Halloween, a warm-blooded and unidentified mortal paid $10,000 (£5920) for this box of tools designed for vampire killing, pictured right. Sold as part of Sotheby’s New York 19th Century Furniture and Decorative Arts sale on October 30, a label on the kit says: “This box contains the items considered necessary for persons who travel into certain little known countries of Eastern Europe where the populace are plagued with a particular manifestation of evil known as Vampires.”

Billie Pain’s legacy proves its worth with £31,000 jug

05 December 2003

IT was one of those landmark events that generated a perceptible buzz of expectation and drew the English porcelain collecting fraternity out of the woodwork en masse. Bonhams’ November 26 auction of the collection of the late Billie Pain pulled a capacity crowd to their Bond Street rooms and saw the trade and private collectors contest the 341 lots of prime early English porcelain to almost £782,000, getting on for twice the pre-sale predictions.

Wealthy mainland buyers turn up in force to compete

28 November 2003

Gone are the days when collectors could afford to ignore anything but the finest quality early 18th century imperial porcelain in mint condition. The burgeoning of interest in this field from Far Eastern collectors has ensured that when such pieces come under the hammer, the prices realised are out of the reach of all but the seriously wealthy.

Jade that leaves the rest in the shade

28 November 2003

Christie’s King Street (19.5/10% buyer’s premium) were the only major house not to offer a single-owner sale in addition to their 163-lot mixed owner outing on November 11, but they managed to find buyers for the best quality private entries that sold well.

Four Kangxi blue and white porcelain table legs

28 November 2003

Dealers and collectors with money in their pockets at the end of Asia week were rewarded with a trip to Christie’s South Kensington (17.5/10% buyer’s premium) on November 14. The room was full for this 478-lot auction, with mainland Chinese and Far Eastern buyers interested in two conservatively estimated, market-fresh, non-European collections of Chinese calligraphy brushes and archaic jades.

Christie’s on the crest of a wave as ship model doubles previous record at £600,000

27 November 2003

This impressive and highly finished late Queen Anne model of a 40/44 gun 5th rate ship, right, created a huge splash in Christie’s South Kensington’s 554-lot sale of Maritime models and marine paintings on November 19 when it sold for £600,000 (plus 17.5/10% premium), single-handedly providing over a third of the sale’s £1.36m total.

1615AR02A-03-11-22.jpg

A rare chamber pot with commercial appeal

22 November 2003

This unmarked mid-19th century chamber pot was one of the choice lots in the mixed-vendor section of Dreweatt Neate’s recent sale.

Sotheby’s to stage Beaton tribute

17 November 2003

IN February 2004 Sotheby’s New Bond Street will mark the centenary of Cecil Beaton’s birth with an exhibition of his most celebrated photographs. Beaton at Large, which runs from February 10 to 20, will complement the National Portrait Gallery’s major retrospective, Cecil Beaton: Portraits, which runs from February 5 to May 3.

Sotheby’s cut back on costs to boost results

17 November 2003

A BIG cut in extraordinary costs for the third quarter of 2003 has boosted Sotheby’s latest results – as a result net losses have fallen by more than a third on the same period last year. The significant reductions in employee retention costs and antitrust-related special charges mean that losses for the quarter this year were down to $27.4m, compared to $43m for the third quarter of 2002.

Late 16th/early 17th century Flanders linen damask banqueting cloth

13 November 2003

Among the highlights of Dreweatt Neate’s mixed discipline sale of November 19 is this late 16th/early 17th century Flanders linen damask banqueting cloth (a detail shown right) recently found by the Newbury auctioneers among a large quantity of table linen in an outbuilding of a country house.

Woods drives up the fair way to Chiswick

12 November 2003

TWICKENHAM dealer Cliff Woods, who after two successful fairs at the Star and Garter in Richmond now puts events together as London Antiques Fairs, is on the move in 2004.

From Titania’s Palace to Dingley Hall – another fairytale ending

11 November 2003

A quarter of a century ago, Christie’s sold an amazing doll’s house known as Titania’s Palace. This truly palatial mansion, more miniature museum than dolls’ house, was designed by Sir Nevile Wilkinson over 15 years from 1907-22, when it was opened by Queen Mary. Initially intended for Sir Nevile’s daughter, as the house and project grew it turned into a fund-raising publicity exercise for children’s charities.

Christie's and Bonhams hold Concorde souvenir auctions

11 November 2003

Just as Concorde was an Anglo-French initiative, so the entente cordiale continues with its dismantling. Two auctioneers on either side of the Channel: Christie’s in Paris and Bonhams in London, are holding Concorde souvenir auctions devoted to technical elements and mementoes from the iconic aircraft. In both cases the sales will benefit the respective airlines’ chosen charities.

Withdrawn Canadian views go home

11 November 2003

WITHDRAWN from sale at the eleventh hour, a recently-discovered portfolio of late 18th century topographical watercolours of Canada have been sold by private treaty to Library and Archives Canada and the Musée national des beaux-arts du Québec.

Sotheby’s name new France head

10 November 2003

Sotheby’s have appointed their current German chief, Philipp Wurttemberg, to succeed Laure de Beauvau Craon as head of Sotheby’s France. M. Wurttemberg will start in the job in January 2004, while continuing as managing director of Sotheby’s Germany, a post he has held since 1999.

Big guns fire in November NY art sales

10 November 2003

WITH vendors finding greater confidence (and, in some cases, greater incentives) to offer blue chip works, both Christie’s and Sotheby’s mounted strong sales of Impressionist and Modern art in New York last week. Ahead of this week’s sales of Contemporary art, the two big players both improved substantially upon last year’s figures and posted artists records for Modigliani, Léger, Klimt, Jawlensky and Moore against a backdrop of solid levels of demand.

Dreweatt Neate join Fine Art Auction Group

03 November 2003

Deal cements southern network of rooms: Berkshire auctioneers Dreweatt Neate have become the latest and the largest business to join The Fine Art Auction Group’s rapidly expanding network of regional auction salerooms.

Class action specialists return

03 November 2003

THE Chicago Clearing Corporation, the US traders in class action certificates, are to visit London again to buy and sell the vouchers issued following the Christie’s/Sotheby’s collusion case settlement.

The Chinese connection continues at the Paris salerooms

31 October 2003

THE Chinese-born, French-based artists Zao Wou-Ki and Yan Pei Ming, who both featured among the successes at FIAC Paris, were also in demand at the sale staged by Cornette de St-Cyr (20.33/11.96% buyer’s premium) at Drouot Montaigne on the evening of October 11.

Review and Preview

29 October 2003

Walking may be an unfashionably slow mode of transport in today’s time-pressured world, but lengthy periods spent on foot in past centuries were made more pleasurable by a vast array of walking aids. This material is now seriously collected and a cluster of cane collections have appeared on the market of late.

News

Categories