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.
NY dealers hit out at BADA fair
18 April 2006A POWERFUL group of top-end American dealers have voiced opposition to the British Antique Dealers’ Association’s decision to stage a 50-stand fair at Sotheby’s New York early next year.
China’s contemporary values
12 April 2006The enormous potential of the market for contemporary Chinese art was dramatically underlined by almost frenzied scenes at Sotheby’s (20/12% buyer’s premium) eagerly awaited March 31 Contemporary Art Asia sale in New York.
Christie's ditch sales in Australia – Bonhams & Goodmans expand
20 March 2006WHAT'S up Down Under? The very day Christie’s announce that they are downsizing in Australia by ceasing to hold sales there, Bonhams and Goodman say they are expanding operations.
Treasures from the vaults
27 February 2006Hidden away in a bank vault for over 80 years, the fabled Damon Collection of rare coins, medals and bank notes will fall under the hammer in March.
Rediscovered Blake watercolours will be sold in New York in May
27 February 2006A cache of William Blake watercolours, unearthed in a Glasgow bookshop five years ago, are to be sold in New York after attempts to keep them together in the United Kingdom have failed.
Tiffany case could force eBay to vet every sale
14 February 2006Tiffany the jewellers are suing eBay in a case that challenges the very formula that has made the online giant such a success.
Cologne three become one
07 February 2006A revamp of Cologne’s early spring fairs fest sees the amalgamation of the city’s three February fairs into one new five-day event to be held a week earlier in the year.
Pew, what a scorcher!
31 January 2006Alongside the Americana offered in the New York salerooms earlier this month, there was a strong representation of early English ceramics. Sotheby’s January 20 sale of the pottery collection of Harriet Carlton Goldweitz was followed the next day by Christie’s auction of the Mrs J. Insley Blair collection, which included some key Staffordshire productions alongside its blue chip American furnishings.
Christie’s to sell art in Dubai
23 January 2006Christie’s will test the potentially lucrative waters of the Middle Eastern market in situ by holding an inaugural sale in Dubai this spring.
When life is one long picnic
17 January 2006Ninety-one-year-old John Werner Kluge is the stuff of the American Dream – a German immigrant who amassed his fortune in the States buying radio and television stations.
Drouot sales up 16%, Christie’s extend lead
16 January 2006Sales at the Hôtel Drouot in Paris rose 16 per cent in 2005 to €414m (£280m), but firms based elsewhere in the city also continued to increase their market share.
I don’t want a resale right on my art…
11 January 2006...and I’ll fight it in the courts if I have to
Duke takes the Puces in €50m market ploy
11 January 2006AFTER buying two of the most famous flea-markets in Paris, the Duke of Westminster’s property company and their partners say they will undertake new ways of promoting the historic sites.
A €6m French auction record
07 January 200618th century French furniture was much in evidence on both sides of the Channel at the end of last year. It was the mainstay of two single-owner collections offered at the height of the pre-Christmas season.
Droit de Suite – it’s bad news
15 December 2005FOR the second week in a row a Government U-turn has dealt the British art and antiques industry a bodyblow – but the latest move is far more serious than last week’s SIPPs debacle.
Droit de Suite – who has to pay what to whom and when...
15 December 2005Who has the resale right? The artist holding copyright of their work or a qualifying body to whom they have assigned the right under the regulations, such as a charity. Until January 1, 2010, the right only applies if the artist is living.
New world record for new world order
26 November 2005A poster for the film Metropolis, considered by many to be the holy grail of science fiction posters, has been sold by London dealers The Reel Poster Gallery to a Californian private collector for $690,000 (£390,000).
Student scoops prize for paintings lock
19 November 2005AN innovative device for securing paintings has won wide recognition at a prestigious European scientific and engineering event.
DMG get their passport to New York’s Contemporary scene
19 November 2005INTERNATIONAL exhibition and publishing company dmg world media have acquired Chicago-based Expressions of Culture Inc., producers of SOFA Chicago and SOFA New York.
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