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.

Texas sale is $7.7m big

28 November 2001

AUCTIONEERS Sotheby’s (20/15/10% buyer’s premium) combined with New York dealers Stacks to auction the Dallas Bank collection of United States coins on October 29-30.

Sell-out in Rome for season’s opener

22 November 2001

SALES IN ITALY: The first auctions to take place in Italy this autumn in the midst of these days of gloom have been encouraging. In Rome on October 30, Christie’s (22.5/18.5% buyer’s premium) sold the contents of the residences of a collector, Michele Falzone del Barbarò. All 362 lots sold for around £400,000, far exceeding the auctioneers’ expectations.

London is hit by USA knock-on effect

22 November 2001

A major name, high quality, freshness to the market and a reasonable estimate are meant to be the all-important keys to success for a picture at auction. At least they used to before the terrorist attacks of September 11.

The only show in town... and why the organiser wishes it wasn’t so

22 November 2001

EVERY dealer may dream of being in the spotlight but New York antiquities expert Dr. Jerome Eisenberg would have wished things different from the circumstances that put him there.

Shipping firm opens NY showcase for dealers

21 November 2001

PACKERS and shippers Air Sea Packing Group have developed a unique facility to help plug the gap for European dealers left without a New York showcase this autumn.

Putting culture into permaculture

16 November 2001

KAARU is a design-led developmental initiative from India which has already achieved much in sustaining the sub-continent’s rich but threatened traditional arts and crafts.

Burgundy is still booming

16 November 2001

To prove the point, Christie’s have held their first ever ‘Transatlantic’ wine auction. Dubbed the International Burgundy Sale, this 973-lot auction of the region’s most prestigious wines was offered in two legs, the first 303 lots in an afternoon session at Zachy’s/Christie’s (10% buyer’s premium) in New York on October 30, the remaining 670 the following evening at Christie’s (10% buyer’s premium) King Street on November 1.

Aer Lingus to sell art collection

16 November 2001

Dublin auctioneer John de Vere White is to sell 25 paintings on behalf of Aer Lingus, the national airline of the Republic of Ireland, on November 20.

Mixed fortunes in New York art sales

16 November 2001

USA: Mixed signals emerged from New York’s crucial November round of Part I Impressionist and Modern sales, the most significant test of the international art market since September 11.

Huge increase in fine art exports for 2000

13 November 2001

Trade gap in art also mushrooms: Fine art exports from the UK to non-EU countries have increased by 50 per cent in the year ending December 2000. Equivalent imports for the same period also rose by a substantial amount – 26 per cent.

US appeals delay compensation as Taubman faces the jury

09 November 2001

As Sotheby’s ex-boss Alfred Taubman faced a New York jury last week on criminal charges of fixing vendors premiums with Christie’s, there was still no sign of money owed to dealers in the related civil law suit that was settled in April. The reason? Two US appeals.

Eisenberg fair goes it alone

07 November 2001

USA: As expected, US show organiser Sanford Smith has been forced to follow other New York fairs and cancel his two high-profile mid-November shows at the city’s two armory buildings.

Oetke Group negotiate sale of Colnaghi

05 November 2001

The German-based Oetke Group are currently in negotiations to sell the Bond Street galleries of Colnaghi, one of the oldest names in the London art trade, to the London and Munich Old Master dealer Konrad Bernheimer.

Qianlong (1736-95) mark and period dragon vase

05 November 2001

Early Qing imperial porcelain has long been the darling of the Hong Kong Chinese auctions so when a Qianlong (1736-95) mark and period dragon vase with a previously unpublished pattern came up at Sotheby’s (20/15/10% buyer’s premium), Hong Kong on October 29, sparks flew and an auction record was set for a piece of Qianlong porcelain.

Christie’s to cut LA staff and focus on key collecting areas

05 November 2001

Christie’s are to make 23 staff redundant in Los Angeles, their second largest saleroom in America. The decision is part of an ongoing, worldwide cost-cutting programme undertaken by the company following the settlement of the $256m lawsuit over commissions and the downturn in the art market this year.

Willows and mountain scenes help Korean art steal the show

01 November 2001

The most hotly contested property in Christie’s 335-lot Japanese and Korean sale on October 15 was a selection of Korean art from the Falk collection. Just over half of the reasonably estimated 55 Korean entries hailed from this New York collection, that attracted new American buyers as well as regular European privates and dealers.

Goodwill from M. Bonhomme

01 November 2001

The comprehensive collection of French royal issues formed by Michel Bonhomme was dispersed in Paris at Christian Delorme et Vincent Fraysse (expert: Alain Weil) on October 9-10. The period covered was from Charles V (1364-80) until the fall of the French monarchy in 1792.

New Asian fair for Paris

01 November 2001

FRANCE: There were some prestigious names among the 24 exhibitors at the first Salon International d’Art Asiatique, held at the Hôtel Dassault on the Champs-Elysées from October 5-8.

Triple Pier fair put off after all

30 October 2001

USA: STELLA Management have been forced to cancel New York’s Triple Pier Antiques Show despite moving the venue.

Paris auctions open up at last

30 October 2001

FRANCE: After a long and frustrating delay, Sotheby’s and Christie’s finally got the official go-ahead late last week to conduct auctions in France. They were among the first four auction houses to receive a licence from the French Conseil des Ventes on October 25 and both houses swiftly announced details of their inaugural sales to be held later this year.

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