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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.
2001 disasters fail to dent hammer totals in provinces
28 January 2002Terrorism, war, Foot and Mouth, recession – 2001 was not an easy year for the antiques market, but with one or two notable exceptions the big firms of provincial auctioneers not only weathered these difficulties but increased their sales turnover last year, according to annual figures released last week.
Sironi sets record as Italian buyers rally to Futurist past
23 January 2002“Fascism, charged with Idealistic values, is applauded by all of those who are legitimately able to call themselves Italian poets, novelists and painters. We are sure that in Mussolini we have the Man who will know how to value correctly the force of our Art dominating the world.”
Horse and boy image that changes history of photography
23 January 2002SOTHEBY’S have given the autograph documentation and picture, right, a hefty estimate of €500,000-750,000 for a very good reason: the picture is now thought to be the earliest image made by photographic means.
Idealistic settings that brought joy and tears
23 January 2002Tiaras: A History of Splendour by Geoffrey C. Munn, published by the Antique Collectors’ Club. ISBN 1851493751 £45 hb
Scarabs animal and mineral…
23 January 2002The Jeweled Menagerie: the World of Animals in Gems by Suzanne Tennenbaum and Janet Zapata, published by Thames & Hudson. ISBN 0500510490 £30hb
£7m sales round off a bonne année
23 January 2002PARIS: A prestige series of auctions held by Tajan at the Hôtel George V just before Christmas (December 17-19) yielded just under £7m hammer.
Illuminating price for chandelier
23 January 2002Villa Bombrini Sale: TWO days before their main mixed owner European furniture sale, Christie’s also offered a separate single owner auction – Furniture and Works of Art removed from Villa Bombrini, ‘Il Paradiso’, Genoa – on December 11. Just over 300 lots were offered, of which three quarters found buyers – selling to the tune of £1,134,280.
A newer look at watercolours
23 January 2002LONDON is especially strong on niche events and specialist fairs do not come much more quintessentially English than The Watercolours and Drawings Fair which will be held for the fourth time at the Park Lane Hotel, Piccadilly, London W1 from January 31 to February 3.
Helmet combines academic and monetary values
23 January 2002ARMS & ARMOUR: Academic importance doesn’t always equate with financial interest, but in the case of the item pictured here, a 16th century close helmet, which went under the hammer at Sotheby’s Olympia (17.5/10% buyer’s premium) on December 7, there was a happy concurrence between the two.
A jug with a past but no spout
23 January 2002SPAIN: The real star of the Sala Retiro (16% buyer’s premium) main sale of the season, held on December 12 and 13 was a piece of silver, specifically a large, 153/4in (40cm) high silver lidded jug made in Spain in the first third of the 17th century.
Countrywide trade face private battles at Cumbria sale
23 January 2002STRONG private interest from well beyond the local area meant the trade, drawn mainly from the North and across the Border but also including dealers from Kent and as far as Holland, faced stern competition at this 1100-lot Cumbrian sale at Mitchells on 6-7 December.
Masked faces of the Venice carnival bring smiles in Kent
23 January 2002A large collection of theatrical, character costumes and accessories provided the Canterbury rooms with an out-of-the-ordinary offering which attracted surprisingly wide interest.
William IV Gillows mahogany library chairs
23 January 2002Tattered and blackened, possibly by fire, this pair of William IV Gillows mahogany library chairs had been consigned by a local restorer to Willingham Auctions, near Cambridge, for sale on December 29.
Regal talismans
23 January 2002Diamonds: in the heart of the Earth, in the heart of the Stars, at the Heart of Power, by Hubert Dari and Violaine Sautter, published by Vilo International. ISBN 2845760329 £40hb
Magic fountains, Picasso’s pottery and wetting the Dauphin’s head – Sèvres-style
23 January 2002FRANCE: A gilded and bleu céleste Louis XVI Sèvres cup and saucer, right, 51/2in (14cm) tall and known as the Gobelet Dauphin, sold over estimate for Fr260,000 (£24,800) at Piasa in Paris on December 7.
Chaumet’s three steps to heavenly victory
23 January 2002PARIS: This extraordinary 2ft 3in (69cm) showpiece entitled Christus Vincit, made by Joseph Chaumet for the 1900 Exposition Universelle, sold for Fr2.8m (£267,000) at Calmels-Chambre-Cohen on December 10.
Music scores with the museums, but Dreyfus and Zola hit the high notes
23 January 2002PARIS: The Piasa letters and manuscripts sale on December 17 brought Fr7.25m (£690,000) hammer with just 1 per cent bought in, and no fewer than 18 pre-emptions for the Bibliothèque Nationale, Comédie Française, Assemblée Nationale, Musée Victor-Hugo, and the towns of Avignon, Grenoble and Besançon.
Finelot ‘will thrive’ – Bly
21 January 2002Finelot chairman John Bly reassured investors last week that the on-line dealership, which made a loss of £1.44m last year, should make a profit by 2004.
Ruling a major blow to US antiquities trade
21 January 2002A court decision to proceed with a case against a member of the trade is expected to deal a major blow to the United States’ antiquities business.
Two takeover bids launched for the Drouot
21 January 2002FRANCE: Just weeks after Sotheby’s and Christie’s first sales in Paris, the Hôtel Drouot is the target of two takeover bids, from Barclays Private Equity, an investment fund, and Pierre Bergé, longtime president of the Yves St-Laurent fashion house and a former chairman of the Paris Opera.