Sotheby's

Decorator’s home supplies the demands of today now good looks outrank authentic age: WITH a hammer total of well over £1 million and a 98 per cent selling rate, the on-the-premises contents sale at Wormington Manor, Worcestershire, notched up the sort of figures in the grand tradition of such Sotheby’s events, but in fact it was in many ways much more representative of current trends than past glories.

A small selection of striking and dramatic bookbindings by Philip Smith offered at Sotheby’s as part of their July 10 English Literature & History sale was not a complete success. In fact, five of the six lots failed to sell, but the most important of them, catalogued as “the greatest and most celebrated postwar English bookbinding” brought a bid of £130,000 from a collector.

HONG KONG ASIAN SALES : When SARS broke out in Asia earlier this year, Sotheby’s decided to hold their Asian auction series in Hong Kong as planned in April, but Christie’s postponed their Hong Kong sales until early July. Sotheby’s may not have registered the same levels of Western interest in their two fine Chinese sales on April 27 (the combined 281 lots totalled a premium-inclusive HK$106,481,440), but like Christie’s, they reported increased mainland Chinese buying.

Dealers are always complaining that, thanks to the Internet and the trade Press, there are no sleepers any more. But a seriously interesting group of pictures appears to have slipped through the trawl nets of specialist London dealers, leaving a local West Country trader with what may turn out to be a canny buy.

THE Iraq war and the SARS epidemic hit Sotheby’s consignments and sales in the second quarter of this year, with total revenues down $8m on the same period last year.

Although it was the clock section that provided the lion’s share of the money generated by Sotheby’s Olympia’s June 19 horological sale (largely thanks to their £800,000 Tompion), the bulk of the content was provided by wrist and pocket watches. Offered in a separate afternoon session, they accounted for 264 of the 395 lots.

The resurgence of interest from Asian buyers in quality transitional blue and white sleeve vases was seen at Sotheby’s (22% buyer’s premium) in Amsterdam, when this finely painted example, right, illustrating boys presenting gifts to a number of scholars, topped the 243-lot Asian sale on May 21.

Totalling £533,120, the Wingfield Digby collection of Chinese and Japanese porcelain offered at Sotheby’s Olympia (20/12% buyer’s premium) on June 12 may not have been the highest grossing sale of the London Asian series but it fielded the fewest casualties and was full of the type of fresh-to-the-market provenanced material at low estimates which the trade crave.

On July 21 and 22, Sotheby’s will be holding a house contents sale at Wormington Manor near Broadway. This was the Worcestershire home of interior decorator, Christopher Rowley whose shop in Lower Sloane Street, Belgravia was a familiar meeting point for his large circle of friends and clients until his death in April this year.

In August Sotheby’s will open a new regional office near Uttoxeter, Staffordshire, headed by Mark Newstead. The Staffordshire office will serve clients in Cheshire, Derbyshire, Staffordshire, Shropshire, Nottinghamshire and Leicestershire, as well as North Wales.

One of the highlights of the English porcelain section of Sotheby’s Olympia’s ceramics sale on July 3 will be a group of pieces from the celebrated Duke of Gloucester Service produced by the Worcester factory c.1775. The service is said to have been made for William Henry, Duke of Gloucester and Edinburgh and Earl of Connaught (1743-1805), younger brother of George III.

Coming up in London: Hidden for over 300 years behind the work of a pupil, this image of one of the world’s most celebrated painters at the age of 28 has only recently emerged from beneath layers of overpaint. This newly discovered Rembrandt self-portrait promises to be the highlight of this summer’s auction season in London and will be offered for sale at Sotheby’s on July 10.

The combination of a single-owner collection in a specialist niche corner of the market with a not over-large and mostly market-fresh selection of realistically estimated material were the keys to the warm reception that greeted Sotheby’s (20/12% buyer’s premium) sale of Scientific instruments in their Olympia rooms on May 28. All bar 15 of the 155 lots, just short of 90 per cent (92 per cent by value) changed hands for a total of £262,350.

Miety Heiden, Sotheby’s Amsterdam (22% buyer’s premium) picture specialist had a sneaking suspicion that Schelde Roeier, an oil on canvas by Belgian Expressionist Constant Permeke (1886-1952), would do well when it was offered in the 170-lot May 27 sale of Modern and Contemporary Art in the Dutch capital. But no-one was prepared for the record breaking sum.

Sotheby’s wait for a change of climate to see prices grow after statuary sale falters: Sotheby's specialist-in-charge of the Sussex garden statuary sales, Rupert van der Werff, believes the most reliable barometer for this area is the housing market. Certainly the well-publicised recession in that overheated area has had a hugely detrimental effect on statuary.

Included among the fountains, wellheads and lead figures at Sotheby’s Sussex on 20-21 May were 18 watering cans from the collection built up over 15 years by John Massey, a senior director of the famous Haws Watering Can Company for over 25 years.

AN ARRAY of elegant objects sold mostly within estimates at the Celebration of the English Country House auction at Sotheby’s New York (20/12% buyer’s premium) on April 30 and May 1.

Illustrated with 117 detailed watercolours, an account of the different species of Agaric mushrooms growing in the Vienna region, complete with notes on their suitability for eating, was one of two mycological manuscripts in the natural history section of the Sotheby’s sale of May 7 (19.5/10% buyer's premium).

IN the week that former chairman Alfred Taubman was finally released from jail, Sotheby’s announced first quarter total revenues of $47.6m, 4.8 per cent up on the same period last year.

THERE was a collective sigh of relief in the New York salerooms last week when, after a long period of uncertainty following the war in Iraq and turmoil in the stockmarkets, both Sotheby’s and Christie’s held impressive Part I Impressionist and Modern sales. Any fears that anti-French feeling would spill over in the salerooms proved unfounded after French artists took the top honours at both houses.