Christie's

CHRISTIE’S led worldwide auction sales in 2001, with a total of £1.242bn compared to Sotheby’s £1.14bn for the same period.

Christie’s (20.93/11.96% buyer’s premium) staged their first Automobile sale in Paris on February 12 at the Rétromobile vintage car show, which attracts 100,000 visitors every year.

NEW YORK: MARINE paintings are a specialist area which have received plenty of attention from auction houses eager to tap into the wealth of those rich enough to enjoy mucking around in boats.

HOLLAND: IN honour of the Netherlands’ long tradition of landscapes and town scenes Christie’s Amsterdam (buyer’s premium 20.825 per cent) had a topographical theme to its pictures sale on January 22.

SILVER: Good commercially appealing entries were what was finding favour with both trade and private buyers at Christie’s South Kensington’s second silver sale of the year, the 158-lot £136,123 gathering held on February 19.

THE relative strength of Old Master paintings in comparison to other sectors of the market has been noted at a number of recent auctions, but this new-found strength, it seems, is not just restricted to top-end sales in London and New York.

Post-War sales at Christie’s (17.5/10% buyer’s premium) tend to be more predictable, less mercurial events than their cool contemporary outings and the established reputations of the artists invariably guarantee a procession of solid six-figure results.

Transferring fine vintage wines from the bottle to the decanter without disturbing the sediment has been an age-old concern of those who take their wine seriously. It was clearly a concern in the 18th century, as can be attested by this ingenious and now rare George II silver wine syphon, right, which came under the hammer at Christie’s South Kensington’s (17.5/10% buyer’s premium) February 19 sale of Selected Silver and Plate.

CHRISTIE’S have announced that they have been instructed by the Marquess of Bath and his trustees to sell 400 lots of paintings and works of art from Longleat House. The aim is to raise over £15m to set up a maintenance fund for its preservation.

There were peaks and troughs in Christie’s South Kensington’s (17.5/10% buyer’s premium) annual 166-lot Art Nouveau sale, February 12, but little appears to have changed since their last auction foray into this field, in April 2001.

Against the background of the London Impressionist, Modern and Contemporary sales both the major auction players held specialist Surrealist evening sales – Christie’s (17.5/10% buyer’s premium) on February 4 and Sotheby’s (20/15/10% buyer’s premium) on the following evening of February 5.

Christie’s South Kensington’s Ski sale, held annually in February, was doubly topical this year, coinciding with the Winter Olympics.

London’s first costume and textile sale of the year took place at Christie’s South Kensington (17.5/10% buyer’s premium) at the end of January, the 318 lots netting just over £150,000 with an 87 per cent take-up by lottage, 89 in money.

The London art market received a major lift in the salerooms last week when Sotheby’s and Christie’s attracted remarkably strong levels of international demand for their February round of Impressionist, Modern and Contemporary auctions.

LAWYERS say that Sotheby’s and Christie’s can expect to face a £100m lawsuit over price-fixing at UK auctions within the next few weeks.

Last summer Christie’s Old Master drawings expert Nicolas Schwed was sitting at his desk in Paris checking through his e-mails when he came across this 460-year-old face staring back at him from his computer screen.

LAST year’s United States class action against Sotheby’s and Christie’s over price fixing may now be followed by similar action in the UK. Dealers who missed out on the $512m compensation paid to settle the claims over US auctions will meet in London this week to plan a similar legal challenge in Britain.

The 102 lots of European ceramics that rounded off Christie’s (17.5/10% buyer’s premium) December 13 furnishing sale at King Street had, despite a degree of softness to the Meissen market, a generally high take-up for that factory, with 18 of the 25 lots of tablewares and figures changing hands and some strong individual results.

USA : It was no surprise that the star lot in a star-studded Americana sale at Christie’s New York on January 18 and 19 was the Lafayette-Washington pair of saddle pistols which fetched $1.8m (£1,285,715) and established a new world auction record for a firearm.

Villa Bombrini Sale: TWO days before their main mixed owner European furniture sale, Christie’s also offered a separate single owner auction – Furniture and Works of Art removed from Villa Bombrini, ‘Il Paradiso’, Genoa – on December 11. Just over 300 lots were offered, of which three quarters found buyers – selling to the tune of £1,134,280.