US

A new record for a European coin was set in New York on January 15 at a sale held jointly by Baldwin (London), Markov (N.Y.) and M&M Numismatics (Washington DC). The subject of this excitement was a Russian silver rouble.  Boldly estimated at $500,000, after spirited bidding it reached $525,000 (£308,823), selling to a Japanese dealer on behalf of a client.

Using the incentive of financial guarantees, Sotheby’s have secured two spectacular consignments for the New York spring auction calendar: the Forbes collection of Fabergé and pictures from the Whitney collection.

Even if the buying power of Americans is not so much in evidence in Europe in some quarters these days, they appear much less reluctant to flex their financial muscles in their own back yard. This seems to be particularly true when it comes to decorative arts.

CAN a mere movie affect the antiques market? The answer would appear to be yes, at least in New York where, since the release of The Last Samurai, starring Tom Cruise, interest in the ancient Japanese weapons of the Samurai has soared with a significant number of new collectors entering the field declaring they have been inspired by the film.

Sold at $26,000 (£15,570) as part of the $3.82m (£2.28m) sale of the H.P. Kraus inventory held by Sotheby’s New York on December 4 and 5 was a lavishly illustrated manuscript of 1661 dealing with fireworks, ballistic design and construction.

THERE will be even greater English trade interest in one of the big success stories of recent years on the New York fairs scene – The New York Ceramics Fair. The fair, which has expanded from four to five days and will run at the National Academy of Design Museum, 1083 Fifth Avenue at 89th Street, from January 14 to 18 with a preview party on the evening of January 13.

TO many Americans, Manhattan’s annual Winter Antiques Show is the most prestigious fair in the land. It is certainly the most venerable since from January 16 to 25 (after a charity party on January 15) it celebrates a half century at New York’s Seventh Regiment Armory, Park Avenue at 67th Street.

THE veteran New York firm of fair organisers Wendy Management, a family firm who started putting shows together in 1934, are going rapidly upmarket, and they are taking some well-known European dealers with them.

STAYING in New York, dealers in Japanese works of art Flying Cranes Antiques hold a selling exhibition of Japanese Ikebana baskets at their galleries within the Manhattan Art and Antiques Center, 1050 Second Avenue at 56th Street, until January 31.

REGARDED by the professionals as the place to spot trends, New York’s double weekend Triple Pier Antiques Show, on November 8 and 9 and then November 15 and 16, pulled in its best crowds since the 1990s and private buying proved very strong.

SILVER, VERTU AND RUSSIAN WORKS OF ART £1 = $1.67: Christie’s (19.5/12% buyer’s premium) New York silver department has reasons to be cheerful: their October 21 sale, which saw selling rates of 78 per cent by lot and 82 by value for a premium-inclusive total of $5.95m (£3.56m) was boosted further when New York dealers Shrubsole bought the magnificent Charles II silver-gilt toilet service once in the collection of J.P. Morgan for a low-estimate $450,000 (£269,460) after the sale.

WITH vendors finding greater confidence (and, in some cases, greater incentives) to offer blue chip works, both Christie’s and Sotheby’s mounted strong sales of Impressionist and Modern art in New York last week. Ahead of this week’s sales of Contemporary art, the two big players both improved substantially upon last year’s figures and posted artists records for Modigliani, Léger, Klimt, Jawlensky and Moore against a backdrop of solid levels of demand.

Walking may be an unfashionably slow mode of transport in today’s time-pressured world, but lengthy periods spent on foot in past centuries were made more pleasurable by a vast array of walking aids. This material is now seriously collected and a cluster of cane collections have appeared on the market of late.

USA: NEW YORK’s top antiques centre, the Manhattan Art and Antiques Center at 1050 Second Avenue (between 55th and 56th Streets), presents a special celebration Fall in Manhattan from October 23 to 31, when a selection of top dealers from the 100 housed in the building present selling shows of recent acquisitions.

HAVING run antique furniture businesses in Hampshire and the Midlands, Max Salisbury upped sticks two years ago to make his fortune in North Carolina. Looking at events in America over the past two years his timing could not have been worse, but now he has successfully established a business at 1102 North Main Street, High Point (Tel: +1 336 883 1494) where he displays his speciality – expertly re-upholstered 19th century English furniture in “natural and uncluttered” room settings.

The fair with the best chance of giving New York and the trade a much-needed lift: I REMEMBER clearly two years ago in the wake of the 9/11 attacks in Manhattan one of the most severe tests for the international trade was the cancellation of London organisers Brian and Anna Haughton’s International Fine Art and Antique Dealers Show, America’s top antiques fair.

VINTAGE fashion seems to be one of the most vogueish collecting areas internationally, and I hear serious fashionistas queue up for hours to get among the frocks at the Manhattan Vintage Clothing Show, to be held on October 10 and 11 at the Metropolitan Pavilion, 125 West 18th Street, between Sixth and Seventh Avenues in New York City.

At just over $12m (including premium) US auction house Doyle New York made a significant contribution to the series of Asian Art sales held in Manhattan last week with their September 16 auction of the F. Gordon Morrill collection of Chinese porcelain. They found buyers for 82 per cent of the 115 lots, but far and away the star attraction was this large 141/2in (37cm) high Yuan dynasty blue and white pilgrim flask of c.1345.

USA: The reputation of Portsmouth-based Northeast Auctions (15% buyer’s premium) has predominantly been built on selling Americana, but this New Hampshire auction house hope to target greater numbers of UK and European collectors and dealers by including more European material in their five major annual sales.

FLORIDA has a new quality fair with the launch next February of the Palm Beach Jewelry and Antique Show. It will be held from February 13 to 17 in the newly built Palm Beach Convention Center at West Palm Beach and is intended to become an annual event.