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Latest news from Antiques Trade Gazette, the leading specialist publication for the art and antiques market


A Tibetan haul of growing prosperity

28 August 2001

August may be an unlikely month to find unusual Asian entries in London’s salerooms, but Christie’s South Kensington’s (17.5/10% buyer’s premium) regular Asian Decorative Arts sale, August 16, threw up two quirky 19th century Chinese blue and white bottle vases and covers, 121/4in (31cm) high, made for the Tibetan market.

Results point to more job cuts

23 August 2001

AS Sotheby’s announced their plans for Billingshurst, they also revealed disappointing worldwide results for the second quarter of the year that showed profits halved ($14.3m compared to $30m for 2000). They predicted a loss for the year as a whole.

Christie’s sales three per cent ahead of rival

23 August 2001

CHRISTIE’S kept ahead of Sotheby’s in worldwide sales, recording a total of £681m ($974m) for the first six months compared to Sotheby’s £659m ($942.9m) – a gap of three per cent.

US online auctions firm launches bid to take over Icollector

21 August 2001

US-based Ableauctions have made an offer to acquire fellow online auctions firm ICollector in a share swap deal that values ICollector at £9.8m ($13.9m).

Buckinghamshire mementos of the Raj

20 August 2001

MEMORIES of the Raj were the selling point at the collectors’ sale held at Amersham Auction Rooms (15% buyer’s premium) on July 5 which included pieces acquired by Lord William Hailey during his Governorship of the Punjab during the 1920s.

Secondhand copy of first hand first

20 August 2001

AMONG the earlier travel books in the June 14 sale held by Pacific Book Auctions was a 1632 first edition of Bernal Diaz del Castillo’s famous first-hand account of the conquest of Mexico, Historia Verdadera de la Conquesta de la Nueva-España. An ex-Nottingham Free Library copy in a 20th century quarter morocco binding, it had stamps to the title and other pages and a few other shortcomings of condition, but it is an important work and sold at $5000 (£3625).

Even in a cautious climate, diamonds are forever…

20 August 2001

UK: Good stock furniture usually provides the highlights at these Michael J. Bowman Devon rooms but there was little of real quality among the 511 lots in July and, reflecting current caution among trade buyers, it was left to classics in other sections to produce the better results.