News

Changes to the temporary import VAT scheme this month could have a major impact on dealers’ cash flow if they do not complete the necessary paperwork soon.

There was a good vibe around the Asian art sales this year.

Abstinence was a ceremonial requirement prior to worshipping the ancestors, the heavens or other deities in the Qing court.

Setting a major house record at South London auctioneers Rosebery’s, this oil painting by Léon Bakst (1866-1924) drew eight interested parties at the West Norwood saleroom last week.

Work has begun on an £8m expansion at Tennants which will provide three new salerooms.

The argument was lively at this year’s ATG debate at the Summer Olympia fair, as BADA and LAPADA dealer Lennox Cato and Be Smart About Art founder Susan Mumford, disputed whether a gallery is still necessary for business in the modern marketplace.

Henri Gros, partner in the Paris auctioneers Gros & Delettrez, has been suspended for two months for accepting €200,000 in small denomination notes from a Chinese buyer after the Paul-Louis Weiller sale in April 2011.