Fine Art
Fine art is a staple of the dealing and auctioneering industry, featuring works ranging from Medieval art to traditional Old Masters, and right through to cutting-edge Contemporary art.
While oil paintings represent a large part of the sector, other mediums adopted by artists across the ages include drawings, watercolours, prints and photographs.
A primitive makeover for Raphael
14 June 2002La Guérison de l’Epiléptique, 3ft x 2ft 4in (91 x 70cm), pictured right, by André Bauchand (c.1927), based on Raphael’s Transfiguration, sold on low-estimate for €3800 (£2450) at Blanchet (17.94% buyer’s premium) on May 15, partly reflecting the indifferent condition of its paintwork.
Portrait miniature makes £200,000
13 June 2002This portrait miniature of a 30-year-old lady by Nicholas Hilliard, dated 1582, set a new auction record for the artist at Sotheby’s Olympia rooms on June 6 when it sold to a private collector bidding on the phone against the room for £200,000 (plus premium).
Auctioneer sues vendor after settling buyer’s claim over painting
12 June 2002A VENDOR has been ordered to pay more than £10,000 legal costs after a picture he sold at auction proved not to be by the famous German artist to whom it was attributed.
Coming Up in London
28 May 2002THIS unrecorded portrait by John Constable, estimated to make up to £80,000, was discovered by East Anglian auctioneer and fine art broker John Vost during a routine valuation at a house on the Suffolk/Norfolk border.
Back in the provinces, a more traditional view-halloo
23 May 2002THE ongoing calls for a ban against fox hunting have failed to dent the popularity of hunting and equestrian pictures at auction. Cecil Aldin (1870-1935) and Snaffles (Charlie Johnson Payne) (1884-1967) are just two of the artists for whom demand is strong and after Sir Alfred Munnings (1878-1959) it is Lionel Edwards (1878-1966) whose work is taking consistently high prices in the salerooms.
Now Contemporary sales boost confidence
23 May 2002CHRISTIE’S established 15 new auction records at their Rockefeller Centre saleroom on the evening of May 14 with a $42.1m (£29.9m) sale of Post-War and Contemporary Art.
Lavery’s lucky touch wins again...
15 May 2002Sir John Lavery R.A. (1856-1941) is one of the hottest names in the booming Irish picture market and back in 1998 The Bridge at Grez, a large oil on canvas, took a record £1.3m at Christie’s London.
New York’s Impressionist and Modern market bounces back
14 May 2002Sotheby’s quadruple recent results and Christie’s celebrate boost too: Barely a month after its former chairman and chief executive were sentenced in a New York court, Sotheby’s bounced back in their Manhattan saleroom on May 8 with a $126m (£88.7m) Part I auction of Impressionist and Modern Art.
Ashmolean wins Rubens oil sketch
14 May 2002THE Ashmolean Museum in Oxford has just acquired an important oil sketch by Sir Peter Paul Rubens thanks to grants from the National Arts Collection Fund and the Resource V&A Purchase Fund.
...modern Irish
03 May 2002THE strength of the Irish picture market will be tested in May when Sotheby’s and Christie’s hold their annual Irish sales in London. Recent sales in Ireland indicate things look promising, and that interest is still strong Stateside was confirmed at Dennis Auction Service (10% buyer’s premium) in Stewartsville, New Jersey on March 9 sale when this early work, right, by Jack Butler Yeats (1871-1957) came up for auction.
Russian Imperial vases reach €520,000
03 May 2002A pair of ornamental blue and gold vases made by the Manufacture Impériale in St Petersburg (c.1825-30) soared to €520,000 (£335,000) at Beaussant-Lefèvre on April 10.
Artist suffers third raid in five weeks
02 May 2002ROBERT Lenkiewicz, one of Britain’s most controversial artists, has been burgled for the third time in five weeks in what is widely believed to be a ‘stolen to order’ theft.
Driving up Walpole
25 April 2002One of the earliest known portraits of Sir Robert Walpole, England’s first Prime Minister, is to be sold at Cheffin’s Cambridge salerooms on May 14, as part of the collection of Cambridge academic Sir John Plumb.
Marilyn stars among Chelsea’s last prints
24 April 2002THE dust is finally starting to settle in the newly merged Bonhams (17.5% buyer’s premium). Those who lost their jobs have long since gone, departments have been reshuffled and on March 27 the last print sale was held at the Chelsea salerooms.
Bidders scent Modern bargains
24 April 2002Dr Anton C.R. Dreesmann spent several million dollars of his fortune on Impressionist and Modern art, but, for all this expenditure, few specialists in this most expensive of all sectors of the art market seemed to have regarded Dr Dreesmann as a major collector.
£1.7m reject returns
24 April 2002ONE of the most important oils by Irish artist Louis le Brocquy (b.1916) is to return to Ireland after spending nearly 50 years in Italy.
Cityscapes play to home advantage
24 April 2002Keen to maximise international interest, Christie’s sold the major portion of Dr Anton C.R. Dreesmann’s Old Master pictures in London on April 11.
Venus puts buyers on 17th century watch
17 April 2002Two small locally consigned lots provided the best seller and cover lot at the buoyant March 23 sale held by Michael J. Bowman (15% buyer’s premium) at Chudleigh Town Hall.
Buyers prove selective to 19th century tastes
17 April 2002They haven’t exactly been churning out sales at Christie’s (17.5/10% buyer’s premium) King Street rooms recently. Things have been pretty quiet since the February Impressionist and Modern auctions, and their March 21 auction of 19th century furniture and sculpture was their first decorative arts event this year.
The coming woman – and one to watch out for
17 April 2002THE names of two women artists, one very well known, the other undeservedly obscure, provided talking points at two provincial sales in March.
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