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Latest news from Antiques Trade Gazette, the leading specialist publication for the art and antiques market


Wealthy mainland buyers turn up in force to compete

28 November 2003

Gone are the days when collectors could afford to ignore anything but the finest quality early 18th century imperial porcelain in mint condition. The burgeoning of interest in this field from Far Eastern collectors has ensured that when such pieces come under the hammer, the prices realised are out of the reach of all but the seriously wealthy.

Four Kangxi blue and white porcelain table legs

28 November 2003

Dealers and collectors with money in their pockets at the end of Asia week were rewarded with a trip to Christie’s South Kensington (17.5/10% buyer’s premium) on November 14. The room was full for this 478-lot auction, with mainland Chinese and Far Eastern buyers interested in two conservatively estimated, market-fresh, non-European collections of Chinese calligraphy brushes and archaic jades.

Jade that leaves the rest in the shade

28 November 2003

Christie’s King Street (19.5/10% buyer’s premium) were the only major house not to offer a single-owner sale in addition to their 163-lot mixed owner outing on November 11, but they managed to find buyers for the best quality private entries that sold well.

The gladness of King George III

27 November 2003

BUCKINGHAM Palace will host an extensive exhibition next year entitled George III and Queen Charlotte: Patronage, Collecting and Court Taste. Opening on March 26 in The Queen’s Gallery, it will feature 500 objects, drawn entirely from the Royal Collection and constituting what is thought to be one of the largest and finest groups of Georgian material ever assembled.

Christie’s on the crest of a wave as ship model doubles previous record at £600,000

27 November 2003

This impressive and highly finished late Queen Anne model of a 40/44 gun 5th rate ship, right, created a huge splash in Christie’s South Kensington’s 554-lot sale of Maritime models and marine paintings on November 19 when it sold for £600,000 (plus 17.5/10% premium), single-handedly providing over a third of the sale’s £1.36m total.

Art Fund celebrate 100 years with another grant

27 November 2003

IN the week of their centenary conference to discuss the future of saving art for the nation, the National Art Collections Fund announced another success. They have awarded a grant of £108,000 to help the British Museum acquire the Guilford Puteal: Corinth’s Monument to Actium (c.25-10 BC).

Casino deal for Olympia is still only a gamble

25 November 2003

Plans are serious but it will take years to fulfil them: Olympia’s owners have assured the Antiques Trade Gazette that plans for a large casino at the West London exhibition complex will not affect the Fine Art and Antiques Fairs.