News

High drama at the Chichester auction rooms of Henry Adams on July 19 when this pair of Chinese famille rose moon flasks shot to £760,000. The price, a house record, is also the fourth highest ever achieved in a UK auction room outside of London.

DESPITE the odd flooded cellar and car park, ATG are not aware of a single UK auctioneer in affected areas who will not be going ahead with their sales in the coming week.

PHILLIPS de Pury look to have taken another step to increase their influence as a major player in London’s contemporary art market by forming a new partnership with The Saatchi Gallery.

LONDON has gained ground in the global art market during 2007 with over $2.35bn in sales at Christie’s and Sotheby’s for the first six months of the year. In their US rooms the two leading auctioneers took $2.6bn over the same period.

This summer has seen a spate of sleepers awoken in provincial salerooms, but inevitably the one that grabbed the headlines in the national press was the tale of the rediscovered ‘Titian’.

After more than 50 years in the business, Worcestershire auctioneer Philip Laney is to close his firm and take up a consultancy post with chartered surveyors and land agents Doorbars.

THE Artists’ Collecting Society have completed their first year of collecting and paying out the Artists’ Resale Right. They have now been given the mandate to collect the resale right by 200 artists, including well known names like Lucien Freud and Anthony Caro.