International

Sotheby’s have opened an office in Moscow and appointed Mikhail Kamensky, a former director and presidential advisor to the Bank of Moscow, as managing director.

FOLLOWING rumours in the trade, London-based fair organisers Brian and Anna Haughton have confirmed exclusively to ATG that they will launch a high-end international fair in Dubai next February.

Imperial Chinese ceramics and works of art are at the centre of a raging bull market. Auction prices have skyrocketed thanks to fierce competition between Western dealers, collectors and a large body of Asian buyers, many Chinese mainlanders amongst them. With the major Spring sales in China staged during a six-week period from mid-May to early July, ATG brings you a timely lowdown on the auction scenes in Beijing and Shanghai.

More records fall in record NY art sales

Change in the collecting geography at New York’s Imp & Mod spring sales

A UNITED States university professor has developed a computer program that he believes can identify fake paintings.

VANCOUVER auction house Heffel have taken nearly £900,000 in a single online auction, including one painting which sold for more than £250,000.

Bonhams have become the latest saleroom to open an office in Moscow, a further indication of the growing importance of Russian buyers in the international auction market.

Dublin fine art auctioneers James Adam’s are to join forces with premier bloodstock sales company, Goffs, to host Ireland’s first specialist sporting sale in October.

Christie’s, who are currently reviewing the future of their collectables department in South Kensington, have closed their American Indian art department in New York. Their May sale at the Rockefeller Center has been cancelled and Delia Sullivan, department head since 1999, has left the company.

Of the 2000 or so lots auctioned during New York’s Asia week, this late Shang dynasty Chinese bronze was the crowning glory at $7.2m (£3.87m).

The Asian art juggernaut thunders on with little sign of any slowdown in the market. If anything, the pace seems to be intensifying.

The Birmingham industrialist and designer Matthew Boulton was the toast of the Paris salerooms last week when this impressive ormolu-mounted fluorspar vase was sold at Drouot Richelieu for €170,000 (£121,430) plus premium.

Sotheby’s – who were outsold by Christie’s in Paris last year three to one – have announced a series of moves designed to reposition their Paris branch as “one of the pillars of the group’s global strategy”.

Scandinavian auction house Bukowskis have a new owner.

DETAILS have been released of the two new Middle East fairs at Abu Dhabi and Dubai. Organised by British company Turret Middle East Ltd, the fairs director is Fran Foster, who for a decade put together the Antiques For Everyone fairs at Birmingham’s National Exhibition Centre.

THE spotlight turned onto the vintage wine market last week after reports emerged concerning the sale of fake bottles. Media speculation has followed the launch of an FBI investigation into whether sellers knowingly sold counterfeit wines for up to $100,000 a bottle despite doubts about their authenticity.

There are signs that many other member states are waking up to Britain’s warning of the threat of droit de suite, or the artists’ resale right, to the European art market.

A recent federal law, designed to preserve the integrity of United States medals and decorations, is creating chaos within the militaria collecting field.

THE FBI have arrested a retired lawyer who became involved in a £20m stolen art saga. If convicted, he could face up to 10 years in jail.