News

DAVID Smith of Neptune Fine Art, the dealer who was duped into buying a fake Lowry painting, has told ATG that potential buyers should be exceptionally careful when considering purchasing a Lowry painting.

COSMETICS giant L’Oréal took their multi-pronged legal tussle with online auction site eBay to the High Court in London last week.

Following days of brinkmanship between the vendor and the Indian authorities, the controversial saga of the auction of Mohandas Gandhi’s personal items reached a satisfactory conclusion when they were acquired for the Indian people by a wealthy businessman.

DUTCH police have recovered eight paintings stolen from Robert Noortman’s gallery in Maastricht in 1987. The works, which included valuable works by Renoir and Pissarro, were traced to two small towns in the south of Holland after an alleged middleman in Dubai made an attempt to sell the paintings back to the insurers for a reported €5m (£4.5m).

The opening night of TEFAF Maastricht (March 13-22) was as impressive as ever: if anything the quality was better than at recent stagings, there was no sign that people were staying away, while exhibitors in the traditional sectors were quietly optimistic that business could be done.

Details have been released of the first UK tour of Artist Rooms, the collection of 725 post-War and contemporary works acquired by the nation from dealer Anthony d'Offay for £28m, a fraction of its market value.

DERBYSHIRE police are investigating a theft of diamond jewellery from a dealer’s hotel room after he returned from exhibiting at Dragon Fairs’ two-day Derby University fair.