Auctioneers

The auction process is a key part of the secondary art and antiques market.

Firms of auctioneers usually specialise in a number of fields such as jewellery, ceramics, paintings, Asian art or coins but many also hold general sales where the goods available are not defined by a particular genre and are usually lower in value.

Auctioneers often provide other services such as probate and insurance valuations.

Hong Kong moves into the Modern market...

05 June 2006

A NEW record for Ming porcelain set by a king of Las Vegas provided the headline, but the real story of Christie’s anniversary series in Hong Kong was the rise and rise of Modern and Contemporary Asian art. This relatively new visitor to the global auction market has now eclipsed more traditional collecting disciplines as Christie’s biggest earner in Hong Kong.

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Monart adds impetus to Edinburgh auction

03 June 2006

Giving Scotland’s once-neglected art glass further standing in the saleroom, a good range of Monart and Ysasrt glass emerged at auction recently North of the Boarder.

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Middle Eastern buyers purchase half of inaugural Dubai sale

31 May 2006

Over 500 clients participated in Christie’s inaugural sale in Dubai last month at the Jumeirah Emirates Towers Hotel.

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Winston in wax and shellac

31 May 2006

Madame Tussauds added Winston Churchill to their waxwork tableaux for the first time in 1908, but had produced another half dozen portraits before his death in 1965. The last of them was put up for sale by Dominic Winter on May 18.

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Brushing off the soil, bidong brings £32,000

31 May 2006

The vendor of this handsome Chinese brush pot or bidong did not hold it in high regard. An heirloom from a grandfather who had spent some time in the Far East, the 6in (15.5cm) vessel had been relegated to the potting shed as a useful receptacle for garden tools and potting compost.

Partridge sale totals $12.5m – enough to meet obligations with a bit left over

22 May 2006

CHRISTIE’S May 17 sale of Partridge stock in New York went according to plan, with a hammer total of $12.5m (£6.65m).

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Condition and colour help table to €180,000

22 May 2006

The ownership of this c.1760 Irish mahogany side table was traced by the late Sir Charles Brett, a prominent Ulster attorney and leading Irish historian, to his descendent Charles Brett of Belfast (1752-1829). He was a wine merchant in Belfast and Bordeaux in the 1780s and his many business concerns included interests in the Belfast Glass Works, Distillery, Chamber of Commerce and Shipping.

Bonhams broker deal to save steam collection

15 May 2006

BONHAMS have brokered a last-minute deal to save the unrivalled Jonathan Minns Collection of Industrial Archaeological Artefacts from being split up.

Higher commissions help Sotheby’s to 30% revenue rise in first quarter of 2006

15 May 2006

SOTHEBY’S have recorded a 30 per cent rise in first quarter revenues from 2005, with the 2006 total coming in at $96m.

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Invincible at £19,000...

15 May 2006

“This was the earliest Cup Final programme I’ve ever seen,” said Graham Budd (15% buyer’s premium), referring to lot 747 in his sale on May 9-10 in association with Sotheby’s Olympia.

New recruits and a London launch for L&T

15 May 2006

Edinburgh auctioneers Lyon & Turnbull unveiled two new appointments at the official opening of their new London office on Tuesday, March 9.

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If there is a bubble, it’s not set to burst yet

15 May 2006

Hedge funds continue to stake a claim on big-ticket names

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$85m portrait helps Picasso eclipse Van Gogh as art’s biggest name

08 May 2006

Pablo Picasso has become the ultimate luxury brand. On May 3 at Sotheby’s New York Picasso’s rare and iconic 1941 portrait, Dora Maar au chat, became the world’s second most expensive painting when it sold for $85m (£48.3m) to a mystery buyer in the room, widely presumed to be representing a Russian oligarch.

Phillips de Pury & Co to open new London rooms and target Frieze clients

08 May 2006

PHILLIPS de Pury & Company are to open a new London saleroom and hold a special Contemporary Art and Design auction on October 14 during the Frieze fair.

Sotheby’s hit back over share price claims

03 May 2006

SOTHEBY’s have hit back at claims that investors are losing confidence in the art market despite the company’s biggest shareholder selling their entire stake.

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The myth of Scotland’s royal seat

03 May 2006

It gives some idea as to how furniture connoisseurship has changed that the upholstered high-back chair pictured here could once have been accepted as an original furnishing from the bedroom of Mary Queen of Scots.

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I promise to pay the bearer on demand – £48,000

03 May 2006

All Bank of England banknotes issued prior to the early 1800s are rare but the note, pictured here, dated 30 August 1705, is believed to be the oldest in private hands.

Mervyn Carey quits rostrum

03 May 2006

Long-time Kent auctioneer Mervyn Carey is to retire after more than four decades in the business. He held his last sale at the church hall in Tenterden last Wednesday.

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The bowl that proves it can pack a punch at £28,000

24 April 2006

A Bedford woman who was downsizing homes decided to enter this piece of family silver into her local auction house. It proved to be the stellar entry in W&H Peacock’s April 7 antiques sale when, after generating considerable pre-sale attention from the London silver trade, it far outstripped the saleroom’s unpublished expectations of around £3000-5000, selling to one of their number for £28,000 (plus 12.5% premium).

Second new saleroom in South East

18 April 2006

Essex centre to be environmentally friendly

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