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.

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Boulton’s €170,000 vase

02 April 2007

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 acquire Drouot firm to strengthen in Paris

02 April 2007

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”.

Bukowski sold to oil magnates

26 March 2007

Scandinavian auction house Bukowskis have a new owner.

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New Gulf art and antique fairs will offer cut-price stands

19 March 2007

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.

Writ throws spotlight on murky world of fake vintage wines

19 March 2007

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.

Europe wakes up to threat of droit de suite

12 March 2007

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.

US medals law is a meddle too far

26 February 2007

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

Lawyer charged over multi-million pound paintings hoard

19 February 2007

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.

European dealer to launch Shanghai antiques fair

12 February 2007

BELGIAN art dealer Maximin Berko is the driving force behind the Shanghai Fine Jewellery and Art Fair which will be launched at the Shanghai Exhibition Centre from October 13 to 21 this year.

Upper East Side Armory rent hikes

12 February 2007

NEW YORK’s fairs scene is in some turmoil following a massive rent hike at the Seventh Regiment Armory on Manhattan’s Upper East Side, the city’s chosen venue for art and antiques fairs.

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The £1.3m sleeper

05 February 2007

A spectacular sleeper was awoken in Sweden on December 5 when an oil sketch catalogued as in the manner of Peter Paul Rubens sold to a British buyer at SEK16.6m (£1,298,000) amidst speculation it was by the artist himself.

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The Wright stuff

29 January 2007

Among the highlights of Sotheby’s New York’s $96.9m Important Old Master Paintings sale on January 25 was Portrait of Captain Robert Shore Milnes painted in 1771-72 by Joseph Wright of Derby.

Bonhams open in Hong Kong for sales in May

15 January 2007

Bonhams have announced the opening of a new office in Hong Kong and three sales slated for May at Asia World Expo, the new exhibition centre there.

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Canadian views of the Aynsley factory

08 January 2007

Aynsley China has a history stretching back to 1775 when John Aynsley first started producing ceramics in Longton, Staffordshire. Its enduring reputation is for its bone china tablewares decorated with floral sprays or fruit in the manner of Royal Worcester, or for its commemorative pieces. They remain very affordable and even Aynsley’s well-painted cabinet plates featuring British landmarks usually cost less than £100.

Bloomsbury launch in Italy

08 January 2007

LONDON-based specialist book auctioneers Bloomsbury Auctions enjoyed a successful inaugural sale in Rome on December 6 where a total of €801,000 (£545,000) was realised.

Christie’s secure big lead in Paris

08 January 2007

Christie’s confirmed their Paris dominance in 2006 by posting sales of €200.8m (£135m), up 74 per cent on the previous year.

Droit de Suite nets £1m in its first year

03 January 2007

THE British art trade has paid out over £1m since Droit de Suite came into force at the start of the year. Despite some initial bureaucratic difficulties, the Artists’ Resale Right appears to have been implemented more smoothly in Britain than in other European countries.

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The original Red-Nose Day

18 December 2006

Illustrated by Denver Gillen, Robert L. May’s poem about Rudolph the Red Nosed Reindeer was first issued in 1939 as a give-away booklet for children by a Chicago department store, Montgomery Ward.

TEFAF report reveals the economic phenomenon of the Maastricht effect

18 December 2006

HOTELS, restaurants, insurance, security, shippers and packers, design and print, marketing and promotion. These are just some of the ancillary industries that benefit when the show comes to town.

Christie’s extend live bidding

11 December 2006

Christie’s are to increase the number of European salerooms offering the Christie’s Live online bidding feature.

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