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


Quality, age and original condition provide the right mix

14 June 2002

This rare Elizabethan oak draw leaf refectory table proved to be the chief atttraction at the sale of the late Clive Sherwood’s Collection offered by Sotheby’s Olympia (17.5/10% buyer’s premium) on May 22, when it sold for a mid-estimate £55,000 to a London dealer.

A primitive makeover for Raphael

14 June 2002

La Guérison de l’Epiléptique, 3ft x 2ft 4in (91 x 70cm), pictured right, by André Bauchand (c.1927), based on Raphael’s Transfiguration, sold on low-estimate for €3800 (£2450) at Blanchet (17.94% buyer’s premium) on May 15, partly reflecting the indifferent condition of its paintwork.

The Finer fashions

14 June 2002

JOINING the illustrious roster of exhibitors at this month’s Grosvenor House Art and Antiques Fair, which runs at Mayfair’s Grosvenor House Hotel from June 12 to 18, is the distinguished arms and armour dealer Peter Finer.

Portrait miniature makes £200,000

13 June 2002

This portrait miniature of a 30-year-old lady by Nicholas Hilliard, dated 1582, set a new auction record for the artist at Sotheby’s Olympia rooms on June 6 when it sold to a private collector bidding on the phone against the room for £200,000 (plus premium).

Dublin unveils unknown hoard of works by Joyce

12 June 2002

THE National Library of Ireland has acquired a sprawling collection of manuscripts by James Joyce, which remained hidden for nearly 60 years after being concealed from the Nazis.They include a total of some 700 pages in six notebooks, 16 drafts from Ulysses and typescripts and proofs of Finnegans Wake.

Spectre of art tax scandal looms

12 June 2002

THE head of one of the United States’ biggest industrial conglomerates has quit the company after being indicted on charges of sales tax evasion on paintings valued at $13m.

Investor takes a 20pc stake in Mallett

12 June 2002

VALUE investor Jack Petchey has taken just under a 20 per cent stake in Mayfair dealers Mallett. He acquired the 2.66m shares, representing a 19.28 per cent stake in the company, at a price of £2.10 a share, from Merrill Lynch, on May 30.