News

THE balance of trade in the UK’s fine art and antiques industry swung heavily towards imports in 2011.

CLIVE Stewart-Lockhart, deputy chairman of Dreweatts, is to become managing director of Woolley and Wallis, the Salisbury-based salerooms.

ON April 30, Philadelphia auctioneers Freeman’s will sell flags from the U.S. Navy’s most revered ship, the Constitution.

KNOCKED down at £19m, Francis Bacon’s Portrait of Henrietta Moraes was the top lot of London’s Contemporary art auction series last week by some margin.

AXA Art are offering a substantial reward for the safe recovery of two archaeological fragments – a 5th century BC Persian low relief showing the head of a guard and a marble head dating from the Roman Empire – which were stolen from the Montreal Museum of Fine Arts during October 2011.

ONLINE auction house Auction Atrium has ceased trading, still owing a six-figure sum to consignors. The firm is likely to formally enter liquidation later this month. How much vendors and other creditors receive ultimately depends on the value placed upon the assets of the firm.

PRICES for Henry Moore (1898-1986) have been rising consistently in recent years, but the performance of this large-scale bronze sculpture at auction last week dramatically lifted the artist to previously unseen levels.