News

Tiffany the jewellers are suing eBay in a case that challenges the very formula that has made the online giant such a success.

A LOOPHOLE in the export law has forced the British Museum to pay almost £100,000 more than the original auction price for the most expensive British coin ever sold. The museum believes the case highlights the need for Britain’s laws on exporting art to be reconsidered.

FROM a Hampshire cupboard find to “missing link” scientific discovery of a generation. A manuscript minute book kept by Robert Hooke during his years as Secretary to the Royal Society has rapidly and rightly been elevated to scientific sacred relic and national treasure.

Droit de Suite, the long-awaited Artist's Resale Right, comes into force today, February 14. It means that, subject to certain conditions, living artists are entitled to receive a royalty each time their art work is bought and sold via an art market professional.

New buyers help records tumble as London reinforces its importance

THE European Court of Human Justice has scrapped the UK discount on import VAT for works of art in relation to auctioneers' commissions.

Two lavish catalogues, a DVD, three days at Syon House, trips to the USA and Hong Kong, acres of press coverage… Sotheby’s and Christie’s apart, seldom can a UK auction house have devoted more time, more energy and more money to promoting a sale than Lyon & Turnbull did with the Drambuie Collection.