TEFAF

IT was not just Sotheby’s and Christie’s who were generating some exceptional prices for Old Masters in New York in the third week of January. The East 87th Street auctioneers Doyle’s (19.5/12% buyer’s premium) generated keen interest from TEFAF Maastricht exhibitors in the room when they included a moody Gottfried Schalken (1643-1706) canvas in their January 21 sale.

AXA Art have struck a three-year deal to act as principal sponsor for the TEFAF Maastricht fair from 2004. The sponsorship is a natural fit for the global art insurer, many of whose leading clients are exhibitors at what is acknowledged as the world’s top art and antiques fair.

CONSIDERING the pervading gloom and doom, exhibitors at the private view of TEFAF Maastricht last Thursday night were surprisingly optimistic and the overall mood at the packed party was distinctly upbeat.

Scrap it or at least make life easier for the trade, new study demands: THE European Union should look again at the whole issue of Import VAT and art market red tape, say The European Fine Art Foundation.

THERE are no datelines at TEFAF Maastricht, which runs in the Dutch city until March 17, but Old Masters and top quality antiques are the stock that springs immediately to mind.

FAIRS are among the most contentious, gossip-ridden and difficult-to-read aspects of the whole antiques business. But while organisers’ rivalry can often verge on the psychotic, there is one thing they all agree about, and that is the status of The European Fine Art Fair at Maastricht.

BOUND to be a highlight at TEFAF Maastricht in March is Rembrandt’s painting of the goddess Minerva which will be offered by New York dealer Otto Naumann for $40m.

TEFAF, the European Fine Art Foundation, who organise the Maastricht fair, have commissioned a detailed new study on the state of the European art market.

TEFAF Maastricht closed on Sunday with museum-quality goods having sold well – particularly Old Masters, Contemporary art and Oriental – but business was being achieved from the opening party on March 9, when collectors converged on this showstopping pottery model of a recumbent Bactrian camel, 101/2in (27cm) high, on the stand of London specialist Ben Janssens.

NETHERLANDS: EARLY news of the world’s top fair, TEFAF Maastricht, which will be held in the Dutch city from March 10 to 18. Six dealers are joining the fair and the whole event is to have a new look.

SWITZERLAND: TEFAF Basel, the sister fair to Maastricht, has broken all official ties with its founders TEFAF (The European Fine Art Foundation) who have handed over the organisation to Messe Basel, the exhibition hall which has hosted the fair since it was launched in 1995.

HAMPTONS Auctioneers of Godalming will change their name to Dreweatt Neate this month. Having become part of The Fine Art Auction Group earlier this year, the saleroom will be rebranded under the Dreweatt Neate banner in time for the Surrey firm’s April 13 sale.