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.

Artnet shares plunge on German exchange

09 August 1999

GERMANY: INTERNET art auctioneer Artnet.com which floated on the Frankfurt exchange in May, have denied a claim by magazine Boerse Online that their main shareholders are selling their shares.

Italian gang leaves pattern of duplicity

19 July 1999

AT LEAST a dozen of the world’s top dealers appear to have lost goods as a result of a series of elaborate and sophisticated swindles carried out by a gang operating out of Northern Italy during the past nine months.

Dolman gets top job at Christie’s USA

19 July 1999

US: CHRISTIE'S have decided to place British expertise at the helm in New York with the promotion of their London managing director, Edward Dolman, to managing director of Christie’s in America.

The strange tale of English Rimmonim

05 July 1999

AMSTERDAM: MAKERS of Jewish ritual metalwork tended to be a relatively conservative breed – slow to respond to wider artistic cross-currents – but illustrated above are a pair of English silver Torah finials or Rimmonim, 161/2in (42cm) high, which demonstrate there are exceptions to the rule.

Droit de suite dropped as pressure pays off

28 June 1999

EU: THE PROSPECT of droit de suite spreading throughout the European Union receded last week when the Internal Market Council found that resistance to the principle of artists’ resale rights had grown and the measure was shelved.

Droit de suite objectors rally at the last

21 June 1999

HOPE was rekindled last week that a last-minute change of heart in Europe could kill off the imposition of the artists resale levy, droit de suite, in the UK.

French turn on VAT...

21 June 1999

FRANCE: AFTER YEARS of apparent indifference, the French Government appears to be preparing for a last-minute stand against art import VAT.

Big changes for Phillips in US

14 June 1999

PHILLIPS have announced the appointment of Mark O. Howald as managing director of Phillips-Selkirk in St Louis as of May 1, 1999.

Stock Market cash still drives Net sales

07 June 1999

GERMANY: IN another fortnight of rapid developments in e-commerce, Artnet.com, specialist fine art service provider on the Internet, went public on May 17 when it offered shares in its parent company, artnet.com AG, on Frankfurt’s Neuer Markt stock exchange.

Buyers count the cost as State pre-empts entire château sale

01 June 1999

FRANCE: THE FRENCH government’s apparent disregard for their art market, reflected by the repeated postponement of the auction reform (see above), was further illustrated by the dramatic last-minute cancellation of the sale of the contents of the former royal château at Randan in the Auvergne.

French auction reform – the bill is altered

01 June 1999

FRANCE: A NEW date of June 10 has been set for the first parliamentary reading of the long-delayed bill reforming French auction system.

Mixed fortunes for New York art

24 May 1999

US: THE bonanza of Impressionist and 19th century art sales in New York, headlined by the record $55m (£33.5m) hammer price paid for a Cézanne still life, has highlighted various trends in the market, not least the dominance of Post Impressionist works.

Reminder of an inevitable fate...

17 May 1999

SWITZERLAND: WORKING for posterity with a fast-approaching deadline? Unconcerned about leaving those vital documents unfinished? Then perhaps you need the inspiration of this automaton – a perfect memento mori for the millennial slacker.

VAT row – how the EU fudged it

17 May 1999

EU: THE publication on the Internet of the report compiled for the European Commission on the effect of doubling VAT on works of art imported for sale from outside the EC has exposed huge flaws in the Commission’s argument for pressing ahead with the increased tax, say leading members of the trade.

Sotheby’s told they can release Rossi lots

03 May 1999

ITALY: SOTHEBY’S have been informed that they can release to their purchasers the 23 lots on which the Italian authorities had requested a review of export licences immediately prior to the three-day sale of the Rossi Collection which ended on March 12.

Time to pontificate

03 May 1999

France: WAS it or wasn’t it? – This richly decorated skullcap, above, which appeared at Neuilly on April 15, was at the very least an outstanding piece of episcopal headgear.

Rare Ming bowl sets world auction record

03 May 1999

HONG KONG: A WORLD auction price was set for Chinese porcelain when this extremely rare doucai chicken cup, from the Ming Dynasty, with the six-character mark and period of Chenghua, 1465-78, from the collection of Mrs Leopold Dreyfus, sold to Eskenazi Ltd of London for HK$25.4m (£2m) at Sotheby’s Hong Kong on April 27.

Basel goes on... without TEFAF

26 April 1999

SWITZERLAND: TEFAF Basel, the sister fair to Maastricht, has broken all official ties with its founders TEFAF (The European Fine Art Foundation) who have handed over the organisation to Messe Basel, the exhibition hall which has hosted the fair since it was launched in 1995.

Zeppelins’ guide on stairway to Heaven

26 April 1999

UK: JUST as rocket fuel was essential to the stratospheric aims of the V1 and V2 missiles towards the end of WW2, so the altigraph was mandatory to the success of Germany’s highest flying secret of WW1.

No copy... it’s the real thing

19 April 1999

US: ON August 15 1876, nearly ten years after his fellow American inventor Christopher Scholes had offered the world its first ever typewriter, Thomas Edison patented an electric method for the small businessman to print and copy several documents.

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