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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.
Dargate up for sale again
21 March 2002US auction house Dargate will be put up for auction on March 30 without reserve. The decision follows the failure of the first attempt on September 7 last year, when the starting bid for the fixed assets, ongoing business, goodwill, Website, mailing list and other holdings was set at $500,000.
Mallet and Silver Fund open New York salerooms
21 March 2002Mallet, one of London’s most famous and venerable antiques dealerships, are opening prestigious new permanent galleries on New York’s Upper East Side.
Bonhams restructure charges to attract top-end business
21 March 2002Bonhams increased the buyer’s premium on their lower price tier for purchases this month. From March 1 a new rate applies of 17.5 per cent (plus VAT) on the first £30,000 and 10 per cent thereafter.
Christie’s ahead of Sotheby’s in 2001 global auction totals
21 March 2002CHRISTIE’S led worldwide auction sales in 2001, with a total of £1.242bn compared to Sotheby’s £1.14bn for the same period.
Phillips-Selkirk sold off as part of Arnault’s retrenchment
21 March 2002Phillips-Selkirk, the St Louis, Missouri auction house owned by Phillips de Pury Luxembourg, has a new name and a new owner.
Freight operators banned following Gazette investigation
18 March 2002A DOSSIER of evidence put together by the Antiques Trade Gazette over several years of investigation has led to the directors of an Essex freight firm being banned from running limited companies.
From the curve for lurve… …to the square at the fair
15 March 2002THERE are no datelines at TEFAF Maastricht, which runs in the Dutch city until March 17, but Old Masters and top quality antiques are the stock that springs immediately to mind.
Horseless Carriage Trade
15 March 2002Though not so credited, this coloured lithograph, Grand Prix de l’A.C.F. 1913 (Motocyclettes) has a very Gamy/Montaut look about it. In the literature section of a motoring sale held by Bonhams at the RAF Museum, Hendon, on February 25, it sold at £250.
A Holy Land that suffered and almost disintegrated in an old barn
15 March 2002THE Roberts Holy Land offered in the 120-lot book section of this Kent sale at Mervyn Carey on 20 February, a six-vol. 1855 quarto edition, had been kept in a barn and had virtually disintegrated over the years.
Grand Prix Type makes ‘grand prix’
15 March 2002Christie’s (20.93/11.96% buyer’s premium) staged their first Automobile sale in Paris on February 12 at the Rétromobile vintage car show, which attracts 100,000 visitors every year.
A look for an art lover’s lifestyle
14 March 2002“…a show, not a place to live,” was how Lord Gowrie summed up David Sylvester’s approach to decorating his homes in a tribute previewing Sotheby’s sale of the art critic and curator’s collection last month.
Manor from heaven – the Kedleston Hall attic sale
14 March 2002Kedleston Hall in Derbyshire, designed by Robert Adam and James Paine, is one of Britain’s best known neo-classical stately homes. It has been home to the Curzons for centuries and although its principal contents were long ago gifted to the National Trust, the family still occupy a substantial wing and they have instructed Nottingham auctioneers Neales to hold an attic sale of their possessions this month on the premises.
Pukka provenance helps Cowdray Park pieces sell
14 March 2002BETTER known for its polo club than its fine art, Cowdray Park in Midhurst, Sussex nevertheless provided Hampshire auctioneers Jacobs & Hunt with some talking points among a quantity of the “surplus to requirements” chattels the owners of the country pile had decided to get rid of.
Montague Dawson and Americana survive squalls
14 March 2002NEW YORK: MARINE paintings are a specialist area which have received plenty of attention from auction houses eager to tap into the wealth of those rich enough to enjoy mucking around in boats.
£70,000 reward offered after theft of paintings at fair
14 March 2002A £70,000 REWARD is being offered after five paintings worth more than £1.7m were stolen from an antiques fair in Sweden.
The result of royal intrigue
13 March 2002Perfect conditions were required for the production of 18th century soft paste porcelain, but work only began on this rare group, right, after three ships laden with 44 factory staff and 88 tons of equipment had been ferried from Italy to Spain.
High Court ruling defends conventions of attribution
11 March 2002THE conventions of attribution for paintings are safe after a High Court judge ruled in favour of Mayfair art dealers Agnew’s in a £1.5m claim by a disgruntled customer.
Borwick joins dmg to boost Lester’s New York ambitions
11 March 2002VICTORIA Borwick, until last autumn director of the Olympia Fine Art and Antiques Fairs, has joined Florida-based IFAE (International Fine Art Expositions) as a fair director.
TEFAF revive the fight over European art market taxes
11 March 2002THE new survey of the European art market commissioned by The European Fine Art Federation makes for grim reading.
Metal-jointed Percy is £17,000 Steiff star
07 March 2002THE Taunton rooms of Greenslade Taylor Hunt (10 per cent buyer’s premium) were graced with the presence of a “minor media celebrity”, on St. Valentine’s day when this rare Steiff rod-jointed teddy bear, right, known as Percy, made an appearance.