News

THE collapse of Enron seems to have had a belated effect on the price of gold – but for the better. Gold rose by more than $23 (£16) per ounce this week, a positive move that was reflected by a slight rise in both silver and platinum, as buyers seek more tangible assets for investment.

LAWYERS say that Sotheby’s and Christie’s can expect to face a £100m lawsuit over price-fixing at UK auctions within the next few weeks.

Last summer Christie’s Old Master drawings expert Nicolas Schwed was sitting at his desk in Paris checking through his e-mails when he came across this 460-year-old face staring back at him from his computer screen.

IN 1954 the painter and printmaker, Philip Reeves (born 1931), being interviewed for a post as a lecturer at the Glasgow School of Art, produced a letter of reference from the artist Robert Austin (1895-1973).

THE LAST 450 or so lots of a two-day general antiques sale on 6 December at Cheffins, Cambridge comprised books, many of them multiples.

FINLAND: While they would not look out of place in the William Morris Museum or in Hill House Helensburgh, two silvered brass candlesticks in this sale had never left Finland. They came up for auction at Helsinki auction house, Hagelstam (12% buyer’s premium) on December 1 last year, where they had been catalogued with an estimate of FiM50,000/€8410 (the fale was conducted in Finnish Markk.

FRANCE: FRANCIS FRITH (1822-98) was the focus of attention of Beaussant-Lefèvre’s sale of 19th century photographs at Drouot on January 25, as expert Pierre-Marc Richard claimed a world record auction price of €23,000 (£14,400), almost double-estimate, for a Francis Frith photograph: an 1858 view of The Pyramids of El-Geezeh from the south-west (pictured).