International

About 80% of the global art market by value takes place outside the UK. The largest art market in the world is the US with China in third place (after the UK) followed by France, Germany and Switzerland.

Many more nations have a rich art and antiques heritage with active auction, dealer, fair, gallery and museum sectors even if their market size by value is smaller.

Read the top stories and latest art and antiques news from all these countries.

Spectre of art tax scandal looms

12 June 2002

THE head of one of the United States’ biggest industrial conglomerates has quit the company after being indicted on charges of sales tax evasion on paintings valued at $13m.

£16,600 Paris magic pulls clock trade to Dublin

06 June 2002

MAJOR players from the English and Continental clock trade travelled to Dublin on May 1 for the sale of this important and rare 19th century ormolu-cased French automaton clock, right, at O’Reilly’s (15% buyer’s premium).

Poulain-Le Fur join Artcurial to end Sotheby’s deal

05 June 2002

After Modern art specialist Francis Briest and Claude Aguttes of suburban Neuilly, Hervé Poulain and Rémy Le Fur have become the latest auctioneers to join Artcurial.

Taubman appeals against conviction

31 May 2002

In a second attempt to have his price-fixing conviction overturned, former Sotheby’s auction house chairman A. Alfred Taubman has asked an appeals court to reconsider his case, citing errors by the trial judge. “This was not a fair fight,” lawyers for the Bloomfield Hills multimillionaire said when filing the 95-page appeal document on May 21.

For whom the bell rings…

28 May 2002

Fare dodging is a chronic problem on public transport. But in 19th century America it was the passengers who had to keep an eye on the authorities, not the other way around.

Unique archive unmasked as a clever forgery

27 May 2002

At the eleventh hour, manuscripts purporting to be undiscovered music and poems by “America’s first native-born composer” were withdrawn from ,b>Freeman’s of Philadelphia May 16 books and manuscripts sale. Why? Evidence had surfaced that the archive was a sophisticated forgery.

Drouot loses two out of three takeover bids

23 May 2002

Insurance giants AXA and Barclays Private Equity have withdrawn their offers to buy Drouot. In a statement issued on May 13, AXA said that their €82m offer, tabled on March 21, was to be “considered null and void, given the difficulty in obtaining the support of a majority of commissaires-priseurs”.

Now Contemporary sales boost confidence

23 May 2002

CHRISTIE’S established 15 new auction records at their Rockefeller Centre saleroom on the evening of May 14 with a $42.1m (£29.9m) sale of Post-War and Contemporary Art.

Bonhams unveil their European network

20 May 2002

BONHAMS have unveiled a network of representatives across Europe whose job will be to bring in new business and ensure continuity of service for clients.

The Fall and rise of business in New York

15 May 2002

GOOD news for all those British dealers who are anxious to attend a fair in New York sooner rather than later. Back in February, David Lester, head of International Fine Art Expositions, organisers of the acclaimed Palm Beach fair, announced he was planning an autumn fair at Manhattan’s Jacob Javits Convention Center.

Geneva fair lives again

15 May 2002

FOLLOWING the cancellation of Salon de Mars 2002 owing to a dispute with the venue over a clash with other fixtures, its organisers Association ARES have dissolved and Salon de Mars is no more.

New York’s Impressionist and Modern market bounces back

14 May 2002

Sotheby’s quadruple recent results and Christie’s celebrate boost too: Barely a month after its former chairman and chief executive were sentenced in a New York court, Sotheby’s bounced back in their Manhattan saleroom on May 8 with a $126m (£88.7m) Part I auction of Impressionist and Modern Art.

What they really mean by a dead cert in Arizona

14 May 2002

Of all the western mining states, Arizona conceivably had the largest number of land scams. Companies with no intention of mining were set up only to collect money from investors. Arizona was an ideal place for scams, because it lacked a major transportation system and was subject to attack by neighbouring Apache tribes, so investors were less likely to visit their investments.

Chicago – now nearly everyone’s kind of town

14 May 2002

A WEEK ago it was announced that Oxfordshire dealer Edward Reilly-Collins of Hallidays was negotiating a deal to launch a new fair in Chicago with the US-based Stella Show Management.

Irish patriots stick by their national silversmiths

09 May 2002

Jewellery and silver enthusiasts were catered for in Ireland as well as Wiltshire during April as private buyers flocked to O’Reilly’s (15 per cent buyer’s premium) sale of gemstones and silver in Dublin on April 10.

Louvre opens doors to design salon selectives

09 May 2002

RESPONDING to the rise and rise of interest in 20th century design Le Salon du XXeme Siecle will be launched in Paris from June 6 to 9 at Le Carrousel du Louvre.

Dede Brooks gets house detention and community service

08 May 2002

Former Sotheby’s chief executive Diana ‘Dede’ Brooks was sentenced to six months ‘home detention’ last Monday after pleading guilty to fixing commissions for vendors with Christie’s between 1993 and 1999.

Ambition of Parisian dealers’ new chief

08 May 2002

Oriental art dealer Christian Deydier has been voted in as the new president of the France’s Syndicat National des Antiquaires (National Dealers’ Association) in Paris, defeating book dealer Claude Blaizot by 10 votes to 6. Outgoing president Dominique Chevalier, recently injured in a motorcycle accident, did not stand for re-election.

Russian Imperial vases reach €520,000

03 May 2002

A pair of ornamental blue and gold vases made by the Manufacture Impériale in St Petersburg (c.1825-30) soared to €520,000 (£335,000) at Beaussant-Lefèvre on April 10.

Simple surroundings, but some serious buying

03 May 2002

USA: New York may boast the nation’s glitziest antiques fairs in terms of snaring top-tier collectors and socialites, but The 41st Philadelphia Antiques Show tops virtually every single fair when it comes to choice Americana and folk art. Even dealers who participate in New York’s Winter Antiques Show praise the Pennsylvania event. “It’s the best show for Americana,” says Edwin Hild of Olde Hope Antiques based in nearby Bucks County.

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