News

The sentencing of former porters and auctioneers in Paris this week for the organised theft of thousands of artworks means the affair “belongs in the past”, the head of France’s auctioneering body told ATG.

The Parcours des Mondes, Paris' annual tribal trail and one of the biggest commercial gatherings in this collecting area, opened on September 6.

Bonhams have followed Christie’s in increasing their buyer’s fees by adjusting their premium thresholds.

The vendor of the ‘unworked’ elephant tusk trophy that Christie’s offered for sale against CITES rules in 2015, has himself been prosecuted.

Forum Auctions are to introduce a credit facility for buyers at future sales. In an exclusive arrangement with lending platform Unbolted, the new London firm will offer approved bidders the opportunity to pay for purchases with up to 90 days of interest-free finance.

A painting once owned by Sir Harry Veitch, founder of the Chelsea Flower Show, will be offered for sale at Bonhams’ in London later this month.

Buyers at a recent Fellows auction in Birmingham showed the strength in the market for amber.