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Art and antiques news from 2002
In 2002 Tim Hirsch led a management buyout of Spink from Christie's.
Alfred Taubman received a jail sentence for his part in the Christie's/Sotheby's collusion scandal.
Rubens' long-lost Massacre of the Innocents sells for £45 million at Sotheby's in London. At the time it was the third most expensive painting ever sold at auction.
Reminder of grate expectations…
17 July 2002DEALERS and salvage experts are being reminded that they must adhere to strict new rules over the installation of antique fireplaces. The Guild of Fireplace Installers have sent out reminders that, under new legislation introduced on April 1, all fireplace installations, antique or reproduction, whether intended for solid fuel, oil or gas, must be fitted by a “competent person under the Buildings Regulation Act 2000”.
Deadline for offers on Summers Place is July 26
17 July 2002UK: KNIGHT Frank, who are overseeing negotiations for the sale of Sotheby’s Billingshurt rooms, have set a deadline for interested parties of July 26.
CINOA’s new president sets out his aims for better trade relations
17 July 2002The UK trade have their man at the helm of CINOA, the international federation of antique dealers associations, for the first time in 13 years. Henry Neville, chairman of Mallett, was elected president at the annual general assembly in Dublin at the end of June.
£12,500 Nelson outranks artist
17 July 2002In the portrait miniature market the sitter is considered less important than the painter – but sometimes even a famous artist like Henry Bone, enamellist to the Prince Regent and the author of this miniature, right, can be superseded by their subject.
English bias brings very mixed results
17 July 2002Although billed as English and Continental furniture, and Works of Art Bonhams’ (17.5/10 % buyer’s premium) sale on June 11 was very much slated towards the home market, with English fare accounting for around 100 of the 153 lots.
eBay extend online grip by bidding to take over PayPal
17 July 2002EBAY have struck a $1.5bn deal that will give them control of PayPal, the leading online payment service, by the end of the year.
Vendor set to challenge auctioneer over duty of care
17 July 2002The extent to which a provincial auctioneer should be liable for underselling a work of art is again under scrutiny as a vendor threatens legal action.
Rubens masterpiece joins the world record holders at £45m
17 July 2002History was made at Sotheby’s July 10 Old Master Paintings sale when Sir Peter Paul Rubens’ long-lost masterpiece, The Massacre of the Innocents, sold in the room to the Mayfair-based book dealer Sam Fogg for £45m, the highest auction price ever achieved for a work of art in the UK.
A peach at £78,000
17 July 2002The oriental inspiration of this 51/2in (13cm) high Meissen teapot of c.1728 extends not only to its finely painted figural decoration by J G Horoldt but also to its peach-shaped form. At £78,000 it made the highest price in a single-owner collection of Meissen porcelain held at Christie’s on July 8.
Chippendale connection brings £16,000 bid
17 July 2002WHILE trade buying was a feature of their capital’s main June important furniture sale, it was less evident earlier in the month at Sotheby’s (19.5/10% buyer’s premium), Bond Street, Croft Castle auction on June 6, that offered buyers a more middle range selection of English brown furniture from the Herefordshire estate of the late Lord Croft.
Duggleby buys Whitby rooms
12 July 2002UK: Scarborough auctioneer David Duggleby has taken over Bairstow Eves’ Whitby salerooms, effectively doubling the size of his operations in North Yorkshire.
Quality gets the stamp of approval
12 July 2002Size was certainly a feature of Christie’s South Kensington (17.5/10% buyer’s premium) mammoth gathering of furniture and works of art held on June 12, but so was variety.
Tommy Atkins – the advertisers’ hero
12 July 2002This 415-lot sale of advertising material was one of the South Yorkshire auctioneers’ BBR's most varied of its kind to date. It ranged from four-figure rarities and pieces of museum interest through favourites like Guinness material down to affordable collectables to bring a total of £45,730.
Collage at the college
12 July 2002Searching for the perfect piece of passementerie or some furnishing fabric to add the finishing touch to an interior? It’s worth checking out Sotheby’s two-day sale from H.W. Keil Antiques which takes place in Cheltenham next week on July 15 and 16.
Coming up in .... Normandy
12 July 2002FRANCE: A stud farm will be the unusual yet appropriate venue for for an auction of all things equines in Orne, Normandy on July 21.
Beatlemania sustained by American interest
12 July 2002Ever since Sotheby’s first Rock sale in 1981, Beatle material has been on a roll. Beatle memorabilia is the undisputed market leader in this field and this autographed copy of Sgt Pepper’s Lonely Hearts Club Band album sleeve, 1967, received top billing at Sotheby’s Olympia (17.5/10% buyer’s premium) 337-lot Rock/Fashion sale on June 14. This privately consigned entry was taken to £34,000 against a £6000-8000 estimate, by a private US buyer on the telephone.
Colnaghi’s Konrad wins his bid to keep library in London
12 July 2002THE famous Colnaghi Library is to remain with the well-known Bond Street gallery following successful negotiations by Colnaghi’s new owner Konrad Bernheimer.
Frighteningly good
12 July 2002USA: ENJOY a scary new exhibition running at Posteritati Movie Posters until September 8 at their galleries at 241 Centre Street, New York City, between SoHo and Little Italy.
Italy’s top auction houses to merge
12 July 2002ITALY: VENICE-based auction house Semenzato is to be merged into Finarte of Milan in early August with a view to taking on Sotheby’s and Christie’s head on in Italy.
Themes and Variations on a Rondo Veneziano
12 July 2002LONDON: NOTTING Hill specialists in 20th century and contemporary design Themes and Variations hold an exhibition of Italian furniture and glass design at their gallery at 231 Westbourne Grove, London W11 from September 27 to October 19.