News

NICK Korniloff has exclusively told ATG that the Florida International Fine Art Fair scheduled for a February 2011 launch in Miami is officially postponed for a year.

YOU’D have thought he’d be glad to see the back of it. But duped art dealer David Smith of Neptune Fine Art has bought back the fake Lowry picture he originally purchased for £330,000.

MODELLED as a brickwork kiln, this rare stoneware lampbase was one of only four hand thrown by Guy Sydenham to commemorate the pottery’s centenary in 1973.

POLICE are appealing for help after a swathe of established regional salerooms were hit by a major credit card fraud last month. Victims are now recommending the adoption of a new protocol for regional auctioneers when conducting ‘cardholder not present’ credit card transactions.

THIS George IV rosewood, parcel gilt and gilt metal mounted drum table, in the manner of Morel and Seddon, c.1825 topped Dreweatts latest furniture sale at Donnington Priory with a bid of £40,000.

ALONGSIDE the $65.5m (£42.8m) Modigliani (see story here), the price of the week in New York was the phenomenal $32m (£20.9m) seen for The Finding of Moses by Sir Lawrence Alma-Tadema.

BONHAMS withdrew 16 lots, with a combined top estimate in excess of £200,000, from last Wednesday’s Bond Street furniture sale after they had good reason to believe the consignor was connected with disgraced ex-BADA dealer John Hobbs.