News

Illustrated is one of Lord Frederic Leighton’s most famous compositions Flaming June. This 41/2in by 41/4in colour sketch for the painting was understandably one of the sensations of Sotheby’s dispersal of the Leverhulme Collection at Thornton Manor, Merseyside, on June 26-28.

This dramatic theatrical costume for a warrior in yellow satin with gilt thread and silk embroidery took the top price in a sale of Asian Costume and Textiles held by Christie’s South Kensington on June 21.

For last November’s Asia series Christie’s South Kensington (17.5/10 per cent buyer’s premium) switched from holding mammoth mixed Oriental offerings to more specialised separate Chinese and Japanese sales – an arrangement they continued for the summer Asian sales last month.

VANDALS are being blamed for a fire that threatened to engulf Eastbourne Auction Rooms last week.

The London art market breathed a general sigh of relief last week after Sotheby’s and Christie’s Part I Impressionist and Modern sales belied the atmosphere of economic uncertainty with a clutch of high prices for classic works by the major names of late 19th and early 20th century art.

UK: WRITTEN shortly after 1290, perhaps for a practising lawyer and presumably by professional scribes – it exhibits a variety of neat English cursive and charter hands – the manuscript copy of Magna Carta and the Statutes of England illustrated right is a remarkable example of an English medieval secular book.

US: TWO early American longcase clocks with much higher expectations failed to sell in a Freemans Americana sale of April 20, but the inlaid mahogany shelf clock pictured left doubled its estimate to sell for $23,000 (£16,430).