News

New York Old Master dealers Salander-O’Reilly are expected to file for bankruptcy after a state judge ordered their gallery to be closed indefinitely.

Art dealer Andrew Sim has sold a watercolour by Richard Dadd (1817-1886) to the Metropolitan Museum in New York. It is the first work by the enigmatic Victorian artist to enter the museum’s vast art collection.

ESTIMATED at just £1000-1500, a work catalogued as by a follower of Rembrandt van Rijn (1606-1669) has sold for £2.2m at the Gloucestershire saleroom of Moore, Allen & Innocent (15% buyer’s premium).

CLARION Arts, owners and organisers of the Olympia fairs, have announced a change of name for their June flagship fair – the third change of name in two years. It will run next year from June 5 to 15 as Olympia International Art & Antiques Fair.

THE Good Web Guide has just published its review of the Antiques Trade Gazette websites, including the-saleroom.com, and given them a five-star rating.

Not all the major single-owner collections are sold at auction. Last week Partridge Fine Art announced exclusively to ATG that they have secured the $40m (£20m) collection of Texas media and communications entrepreneur Scott Ginsburg for sale in their New Bond Street galleries.

The Art Fund has announced a new funding initiative in partnership with the Crafts Council, dubbed Art Fund Collect, aimed at challenging curators to be more ambitious in extending their collections at a quality craft fair.