News

THE ongoing calls for a ban against fox hunting have failed to dent the popularity of hunting and equestrian pictures at auction. Cecil Aldin (1870-1935) and Snaffles (Charlie Johnson Payne) (1884-1967) are just two of the artists for whom demand is strong and after Sir Alfred Munnings (1878-1959) it is Lionel Edwards (1878-1966) whose work is taking consistently high prices in the salerooms.

Major photograph sales are usually confined to London and New York salerooms, but since selling the Earl Craven family archive of daguerreotypes last year Bearne’s of Exeter (buyer’s premium 15 per cent) are now on the international circuit.

With the bulk of the 377 lots at the Grantham rooms of Marilyn Swain (15% buyer’s premium) on April 10 being fairly mediocre, the late Victorian mahogany and satinwood Tous Les Louis Exhibition quality kneehole writing desk, right, was always going to shine out.

Insurance giants AXA and Barclays Private Equity have withdrawn their offers to buy Drouot. In a statement issued on May 13, AXA said that their €82m offer, tabled on March 21, was to be “considered null and void, given the difficulty in obtaining the support of a majority of commissaires-priseurs”.

SOTHEBY’S results for the first quarter of 2002 show a 20 per cent drop in revenues – no great surprise following September 11 and smaller London Impressionist and Contemporary sales.

The defence and relief of Mafeking (1899) in the Boer War has a particular resonance in British history, and three Victoria Crosses were awarded for valour during the action. As a result, medals from this action generate more than usual interest.

CHRISTIE’S established 15 new auction records at their Rockefeller Centre saleroom on the evening of May 14 with a $42.1m (£29.9m) sale of Post-War and Contemporary Art.