News

Uncertain of just how widespread a reaction they would receive on the lot, Walker Barnett & Hill of Shropshire estimated this rare pair of 19th Century Japanese Carved Wood & Ivory Figures of two young boys, one with a hobby horse, the other playing a flute, measuring 10in (25cm) high, conservatively at £500-700.

Two of the biggest art insurance companies have warned the trade to expect a 20 per cent rise in the cost of renewing policies following the terrorist attacks in America, and the Afghanistan war.

Christie’s will close their office and saleroom in Athens on November 30, with the loss of all seven staff. The company is also shutting offices in Oslo, Stockholm, Frankfurt and Copenhagen, with the loss of at least 12 administrative staff, with further office closures expected in Asia and America by the end of the year.

Complaints taken up with Austrian ministry: Further investigations by the Antiques Trade Gazette into dealers falling foul of the FAIRGuide charges point to there being no protection for the trade under English law.

THE nationwide buyer-base of Lays auctioneers was reflected by concerns far beyond the Duchy – Bath dealers, for instance, were particularly worried about selling on to American clients. However, a £213,076 total from 1906 lots was proof enough that business is still there to be done.

Fresh-to-market goods from the deceased estate of a well-known Lincolnshire lady, Mrs Rosalys Ransom, ensured keen trade and private interest at this Lincolnshire sale on 26 September at Thos. Mawer resulting in a 75 per cent take up of the 522 lots and a total of £123,000.

AWAY from New York, the international trade have been preparing to return to serious business in the US at David and Lee Ann Lester’s second annual Texas International Fine Art Fair, running from November 1 to 7.