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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.
Dealers look at possible action over centre leases
01 July 2002FIVE of the six dealers who have left Chelsea antiques centre Bourbon-Hanby are consulting lawyers over whether their leases have been honoured.
Pimlico dealers warned to beware of criminal gang
01 July 2002UK: THE trade have issued a warning to colleagues about a criminal gang operating in the Pimlico Road area who are known to target antique shops.
New venture aims to overcome traditional stumbling blocks of Web transactions
01 July 2002A flat annual user fee of about £1100, private access to fresh-to-market high quality pieces, and no buyer’s premiums to pay. A pipedream? Not according to new venture Whozbuyingwhat.com, an antiques Website that is attempting to introduce a new concept in trading in the market.
Coming up in Cheshire...
28 June 2002A veteran of golfing sales, Bob Gowland has been involved in this specialist field for the past 30 years. With stints at both Phillips and Bonhams under his belt, he has been acting independently for the past 18 months as Bob Gowland International Golf Auctions.
Portrait of the sad-eyed princess
28 June 2002Princess Soraya’s father Khalil lived for much of the 1920s in Germany, where he married Soraya’s Russian-born mother Eva Karl in 1926. Soraya was born in Ispahan in 1932, but lived in Germany until she was five, returning to Iran in 1937.
Longleat figures show off another valuable side to estate’s wildlife
26 June 2002This quartet of Meissen white figures from Augustus the Strong’s Japanese Palace was a centrepiece of the June 13 evening sale from Longleat, contributing £2.9m to the overall total.
Dorset good times roll on as carriage clock sells at £11,500
26 June 2002Following hot on the heals of a gold cased pocket watch which took £25,000 Sherborne auctioneers Charterhouse (15% buyer’s premium) found further horological success on May 31 with this early 19th century carriage clock, right.
Is this a growth market?
26 June 2002One of the more curious sections of Sotheby’s sale at Billingshurst on 21-22 May was devoted to natural, rather than man-made statuary.
George I burr walnut chest on stand
26 June 2002Brown furniture has proved hard to shift at auction in recent months but the success of this George I burr walnut chest on stand offered at the Bristol Auction Rooms on June 18 may signal the tide is turning.
A matter of safety and security
26 June 2002Butterfields, the San Francisco auctioneers, who made the national press in March following the controversy over a Malcolm X archive, were front page material again in June following the sale of the only surviving parts from the atomic bomb dropped over Hiroshima.
Prince Charles watercolours unmasked as forgeries after sale
24 June 2002FELLOWS and Sons, the Birmingham auctioneers, have refunded the buyers of three watercolours sold as the work of Prince Charles last week after the pictures were revealed as forgeries.
Proposed law change could force all fairs to get planning permission
24 June 2002A CAMPAIGN to change the law could force the closure of antiques fairs that are currently allowed to operate without planning permission. The Campaign for the Protection of Rural England (CPRE) is targeting its initiatives at car boot sales, motorsport meets and clay pigeon shooting, but the proposed change would embrace antiques events too.
New auction house aims to raise West Coast profile further
24 June 2002USA: THE West Coast of the United States is beefing up its auction presence with the opening of a new auction house in the San Francisco Bay area in August.
National Trust win battle for Tyntesfield
24 June 2002Helped by a £17.425m grant from the National Heritage Memorial Fund – the largest sum it has ever given – the National Trust announced last week that it had bought Tyntesfield, a Victorian neo-gothic country house near Bristol.
Orchestrion goes to the expected tune of £95,000
19 June 2002MUSIC makers, from Jaques Frères musical boxes to Würlitzer juke boxes, make their sometimes surprising mark at auction but although this German orchestrion, right was one of the most unusual pieces to come up at any English rooms, Market Harborough auctioneers Gildings (12.5% buyer’s premium) recognised it as a major money maker in their May 28 sale.
Record for Worcester teapot?
19 June 2002Shanklin Auction Rooms have taken what they believe to be a record price for a Worcester teapot. The Isle of Wight auctioneers expected a bid of around £1000 for the rare c.1760, 5in (13cm), first period Worcester pot (pictured) and were amazed to see it knocked down to a London dealer for £11,000 (plus 10 per cent buyer’s premium).
£360,000 Osborne backs claims of Irish Sellers
19 June 2002IRISH auctioneers have long been adamant that Irish pictures sell better in Ireland and certainly the 71 per cent sold by lot achieved at James Adam (15% buyer’s premium) in Dublin on May 29 was only just shy of the 76 per cent by lot selling rate taken at Christie’s Irish sale in London on May 17.
Coming up...in Paris
19 June 2002THIS most unusual looking beast is expected to be the star lot at a sale to be held in Paris on July 4 at a most unusual location, the pagoda-like Maison Chinoise, rue de Courcelles, Paris 8.
The ladies take the honours
19 June 2002Back on April 9 and 10 Bonhams (17.5/10% buyer’s premium) Bond Street rooms offered a double helping of portrait miniatures on consecutive days: a 165-lot single owner and a 133-lot mixed-vendor sale, both of which saw around three-quarters of their contents get away.
Cheaper items have their day too
19 June 2002On the same day that Christie’s King Street rooms were offering pieces from the upper-crust end of the portrait miniatures and vertu market, their South Kensington (17/510% buyer’s premium) rooms had a more bread-and-butter selection of the same material.