News

US: A SCIENTIFIC library formed by New York businessman Joseph A. Frielich was sold by Sotheby’s New York for $10.7m (£7.2m) on January 10-11, 2001, and among many lots that made much higher than predicted sums was a magnificent copy of Albertus Seba’s Locupletissimi rerum naturalium thesauri...

UK: WELCOME as the activity of interior decorators is on today’s auction scene, it was still a little surprising to note the interest that some took in this 1950s butcher boy’s bicycle, right, offered at the Scarborough sale held by David Duggleby (10per cent buyer’s premium) on December 4.

UK: FURNITURE and clocks made the running at the South Coast auctioneers’ final sale before Christmas, where local dealers were doing some last-minute shopping.

UK: WITH the trade’s rumour mill in overdrive over the possible closure of Sotheby’s Billingshurst, the decision by a West Sussex businessman to open a new auction house Latimers (15 per cent buyer’s premium) in Horsham, barely 10 miles away from Summers Place, could well prove to be timely.

UK: ILLUSTRATED here are examples of English and American comics and two pieces of original artwork from the Comic Book Postal Auctions sale which closed on December 12.

UK: ARTS Minister Alan Howarth has announced that the Government will pay £125,000 compensation to a family forced to sell a painting as they fled the Nazis.

FINE wine is one of those areas of the auction market which is bound to catch a cold if the world economy sneezes into recession or slowdown over the coming months. Higher than usual unsold rates at recent auctions in London and New York would suggest that buyers are already taking a more selective view of the wine market.