US

New York to hold liquor auctions

Maria Felix (1914-2002), born one of 16 children in the small Mexican town of Sonora, became an icon during the golden age of Mexican cinema in the 1940s and was generally acknowledged as the most beautiful face in its history.

Sotheby’s are strongly opposing proposed legislation in New York that aims to outlaw the ‘chandelier’ bid.

In the UK there is a tendency to think of institutions as the natural permanent home for the best cultural artefacts. But American museums’ policy of deaccessioning means there can be second chances to buy stellar objects.

BLOOMSBURY Auctions are launching a new saleroom in New York.

CHICAGO-based art event promoter Mark Lyman has been appointed vice president of International Fine Arts Expositions (IFAE) by owner dmg world media. IFAE’s American flagship event is The Palm Beach Fair and Palmbeach Contemporary Art Fair.

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.

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 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.

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.

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.

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.

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.

Dealers travelling to the United States for the New Year fairs season remained optimistic last week as sterling jumped to its highest level against the dollar in 14 years. The continued weakness in the US currency raised the prospect of a two-dollar pound in time for the January showpiece events in New York and Florida.

November saw the art market hit a new high as Christie’s capped a remarkable series of New York sales with a record $240m (£131m) for post-War and Contemporary art.

Feeding frenzy sets new record as bidders get their fill despite absence of Lloyd Webber Picasso