News

ALTHOUGH this summer’s Russian art auctions in London failed to bring the gold rush of previous years, there was some relief in the salerooms that demand did not sink even further.

Toovey’s have announced an increase in their buyer’s premium to 22.5% plus VAT. They cite rising running costs as the chief cause for the increase, which comes into effect on June 16-19.

WHEN John Harrison set about solving the problem of how to measure longitude, the name Association would have held a special resonance for him.

STAFFORDSHIRE auctioneers Richard Winterton are to move all their operations to the purpose-built Lichfield Auction Centre at Fradley.

WHEN a market softens, it is often best to return to first principles – the core values of condition, market freshness and pricing that can be overlooked when an area of collecting really ‘takes off’.

A DISPUTE between Lord Lloyd Webber and the HM Revenue and Customs over the purchase, with the aid of taxpayers' money, of J.W. Waterhouse's St Cecilia by the Andrew Lloyd Webber Art Foundation, has been settled out of court.

THERE were notable sales in the first hour of the two fairs which opened at Olympia in West London last Thursday.