Endangered Species

Brexit, CITES, new ivory act on the way… it can be hard for the UK art and antiques trade to keep up with the many regulations. However, the good news is that much of CITES has not changed fundamentally, as this update from expert Kim McDonald of The Taxidermy Law Company reveals

MADAM – We are concerned about the imminent imposition of restrictions to limit the trade of ivory works of art within the European Union (front page, ATG No 2480).

New proposals by the European Commission to prevent the commercial export and import of most antiques containing ivory have been described by The British Antique Dealers Association (BADA) as “hugely damaging and disproportionate”.

MADAM – Your report on the export licence stop placed on the ivory and bronze Triqueti figure of Cleopatra indirectly highlights the tragically arbitrary nature of the Ivory Act (News Digest, ATG No 2474).

A government consultation on the minutiae of elements of the Ivory Act is required prior to the implementing of the new law.

MADAM – The imminent Ivory Act is, not to put too fine a point on it, an ill-considered waste of space, introduced by the ill-advised misguided.

The Ivory Act 2018 is now expected to come into effect this year after dealers and collectors of antique ivory were refused a final appeal.

As the implementation of the Ivory Act 2018 draws closer, it is approaching closing time at the last-chance saloon for UK owners who wish to monetise Art Deco chryselephantine sculpture.

Dealers and collectors of antique ivory will seek to take their case to the Supreme Court after the Court of Appeal rejected their latest challenge to the Ivory Act 2018.

For better or worse, Brexit is finally set to proceed and will be a major factor in the year ahead – as will timed auctions, anti-money laundering rules, the looming prospect of a near-total ivory trade ban, antiquities challenges and a new buying ethos based on cultural sensitivities, changes at major fairs and a growing ‘green’ movement.

Sotheby’s has undergone a restructure following the purchase of the auction house by telecoms businessman Patrick Drahi earlier this year.

Dealers and collectors have one final chance to overturn the Ivory Act 2018, after a judge granted them leave to appeal a High Court ruling upholding the new law.

MADAM – “The course of justice often prevents it” – Edward Counsel (1849-1939), Australian public servant and administrator