News

The founders and sponsors of Antiques Young Guns hosted an awards ceremony at the ‘Olympia International Art & Antiques Fair’ to honour the 12 Antiques Heavy Artillery mentors who gave their time and expertise to mentor the finalists of the AYG of the Year Awards 2014.

A group of restituted paintings were among the highlights of a robust series of Impressionist and Modern art auctions in London.

Art dealer David Carter has admitted intentionally selling fake paintings purporting to be by well-known Cornish artists. He has pleaded guilty to seven counts of fraud at Truro crown court and may face jail.

Sotheby’s and Christie’s have well-established specialist departments for brokering deals on sale of Nazi-looted works returned to rightful heirs. Over the last decade some major pieces of Impressionist and Modern art have come to auction as a result of restitution settlements.

Christie’s has agreed to withdraw seven pictures, including two by Flemish painter Peter Paul Rubens, from its July 9 and 10 sales after owners the Alfred Beit Foundation asked to postpone their sale.

“The ivory ban has been a right old dampener on the market as a whole but after taking time to consider its implications, collectors are coming back.”