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News
Latest news from Antiques Trade Gazette, the leading specialist publication for the art and antiques market
Sotheby’s batten down hatches after third-quarter losses
GUARANTEES slashed, costs to follow. That’s the message from Sotheby’s as they announce third quarter losses of $46.2m. And consignors will have to be more realistic about the deals they can secure and their expectations at auction in future.
10 November 2008
The Obama bounce in the saleroom
10 November 2008COMING just hours after the election of Barack Obama in the US, a poster of the new President-elect sold at Bonhams & Butterfields in California for a double-estimate $4800 (£3145).
Two Presidents, two centuries, one vision
10 November 2008AS millions of Americans celebrated the victory of Barack Obama, Christie's announced that they will be offering an important memento from another historic Presidential election which brought a sense of hope to the country.
Impressionist and Modern art sales follow the world economy
10 November 2008Following the sometimes painful results of last week's Impressionist and Modern art sales in New York, there can now be little doubt that the worldwide financial distress is undermining demand for trophy paintings and sculpture. All sales missed their low estimates by some margin.
£1.55m for Catherine the Great’s gold 20 rouble coin
10 November 2008The unique Russian Catherine the Great 1755 gold 20 rouble coin sold for a record price of £1.55m hammer at St James's Auctions on November 6.
Charles Voysey cabinet sells at £70,000 to specialist dealer
10 November 2008Fireworks were seen in Edinburgh on November 5 when this Charles Voysey secretaire leapt above its modest £3000-5000 estimate to sell for £70,000 at Lyon & Turnbull's Decorative Arts sale.
Arts of Pacific Asia to make way for US army in 2009
10 November 2008Caskey-Lees' 18th staging of Arts of Pacific Asia next year has to leave its traditional venue, the 69th Regiment Armory on Lexington Avenue.
Appeal over stolen clocks
10 November 2008Two fine early 19th century clocks were among more than 100 mostly antique items stolen in Kingston upon Thames on October 10.
Heseltine guest of honour at BADA’s 90th
10 November 2008THE British Antique Dealers’ Association celebrated its 90th anniversary with a dinner for 160 members and guests at Fishmongers Hall in the City of London on November 4.
Royal Mail policy backlash
10 November 2008FOLLOWING last week's report on Royal Mail's compensation policy (click here to view), several readers have written to ATG tell of their experiences.
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