News

Cloudband.com, the specialist Website firm for rugs and textiles, have had their financing badly hit as a direct result of terrorist attacks in New York on September 11.

As well as providing a venue for pop concerts and motor-cross rallies, Tredegar House is also a favourite location for auctioneers. Last year Sotheby’s used the 16th century estate for their Welsh sale – this year it hosted Phillips auction of The Arts in Wales.

Lawyers have filed a motion attempting to quash a case that has the potential to blight the entire trade in Egyptian antiquities in the United States.

Several auction records were broken when Christie’s New York sold the library of Abel E. Berland in an October 8-9 sale that saw 90 per cent of lots sold for a premium-inclusive total of $14.4m (£9.8m).

LONDON: Long-established organiser Caroline Penman launches a new summer fair in London next year when The New Chelsea Antiques Show is held at the Royal Hospital, Chelsea.

FAIRS organisers in New York plan to approach the city authorities with a view to getting events back on track as soon as possible. But they fear that with the continuing problems facing the city, it will be January at the earliest before suitable space can be found to resume anything close to a normal service.

Next month will see a crop of Oriental auctions as part of Asian Art in London, the capital’s celebration of the rich vein of commercial and non commercial treasures and expertise on offer in its galleries, salerooms and museums. For those hungry for goods in the meantime, Bonhams & Brooks (17.5/10% buyer’s premium) opted to go ahead of the general run and offer a large 420-lot oriental gathering on September 26.