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.
After sales keep Export market active
09 July 2003Sotheby’s and Bonhams routinely include sections of Export porcelain in their general Chinese sales but Christie’s specialist Caroline Allen devotes her time solely to this field and it is an area she is keen to develop. To this end, Christie’s</b? (19.5/12% buyer’s premium) gave her the go-ahead to present a single-owner collection of European-subject Export porcelain in an individual catalogue even though it was never going to be a big money-spinning, seven-figure collection.
Imperial status helps moonflask to take off
09 July 2003THERE was a greater concentration of Chinese Export porcelain at Christie’s King Street (19.5/12% buyer’s premium) than at either of the other two houses with a single- owner collection of European-subject Export ware offered in a separate catalogue on June 17 and a private collection of famille verte porcelain in mixed condition that was 99 per cent sold by lot and by value, included in their mixed-owner sale on the same day.
Dandy, Mandy and other Thrillers
09 July 2003A FEW of the highlights of the June 10 sale held by Comic Book Postal Auctions are illustrated in the accompanying caption stories – along with one of the two Dandy annuals sold a couple of weeks later in Swindon – and as ever, Malcolm Phillips has provided me with some informed observations on prices, market movements and much else besides.
Sheraton pair soars to £16,000
30 June 2003Originally belonging to the Dean family of Fareham House, Hampshire, this pair of Sheraton period mahogany folding card tables, right, was offered at the Cotswold Auction Company (15% buyer’s premium) on June 10.
£900,000... Sweet Charity begins at dealer’s home
30 June 2003Netherhampton House, a wonderful Queen Anne home in Salisbury, was the venue for Duke’s English Country House sale on 16 June. Rented from the Pembroke estate since 1990 by dealer and collector John Parnaby, the elegant stone property operated as both a home and a showroom for Mr Parnaby’s business, Victor Mahy Antiques, specialists in 17th and 18th century furniture and works of art.
Christie’s look for growth in middle market
30 June 2003Even as the million-pound Impressionist and Modern pictures were being knocked down in their King Street saleroom last week, Christie’s were reconfirming their commitment to the currently troubled middle market sector.
Wormington: Rowley’s legacy for sale
30 June 2003On July 21 and 22, Sotheby’s will be holding a house contents sale at Wormington Manor near Broadway. This was the Worcestershire home of interior decorator, Christopher Rowley whose shop in Lower Sloane Street, Belgravia was a familiar meeting point for his large circle of friends and clients until his death in April this year.
A sculptural speciality
30 June 2003Apart from their specialist commemorative medal sale, Morton & Eden (15% buyer’s premium) busied themselves with a general 1025-lot sale on May 21 which made a total of £592,877. This fine result was coupled with a reasonably small failure rate of just 12 per cent. This is about the norm for more specialised events but hard to achieve in a general sale.
Pooh, Piglet and Toad the washerwoman
30 June 2003A watercolour and drawings sale held by Bonhams on June 10 included a small group of E.H. Shepard illustrations from the estate of the late Jean Ames, who as Jean Gourlay had befriended the artist during the late 1930s and early 1940s, prior to his second marriage, and though the saleroom was non-committal on the matter, it is possible that these versions were specially made by Shepard for Miss Ames.
Morandi floral tribute goes to €450,000
27 June 2003A bunch of flowers sold to a private buyer brought a welcome fragrance for Christie’s (24-18.5% buyer’s premium, excluding VAT) in their auction of Modern and Contemporary Art in Milan on May 26, and proved a powerful attraction, with a full room and numerous bidders on the telephone.
Heroes and gardens prove they are still to British tastes…
27 June 2003IT’S not all Mod Brit, the modern art market in Britain – there are still buyers who want their heroes and their gardens and during May, Oxford auctioneers Mallams (15% buyer’s premium) were able to supply both markets, albeit at different price levels.
Master of Disguise
24 June 2003Coming up in London: Hidden for over 300 years behind the work of a pupil, this image of one of the world’s most celebrated painters at the age of 28 has only recently emerged from beneath layers of overpaint. This newly discovered Rembrandt self-portrait promises to be the highlight of this summer’s auction season in London and will be offered for sale at Sotheby’s on July 10.
...and still to come
24 June 2003One of the highlights of the English porcelain section of Sotheby’s Olympia’s ceramics sale on July 3 will be a group of pieces from the celebrated Duke of Gloucester Service produced by the Worcester factory c.1775. The service is said to have been made for William Henry, Duke of Gloucester and Edinburgh and Earl of Connaught (1743-1805), younger brother of George III.
Uttoxeter office for Sotheby’s
24 June 2003In August Sotheby’s will open a new regional office near Uttoxeter, Staffordshire, headed by Mark Newstead. The Staffordshire office will serve clients in Cheshire, Derbyshire, Staffordshire, Shropshire, Nottinghamshire and Leicestershire, as well as North Wales.
Nagel move to grand new premises
24 June 2003IN what they are billing “the beginning of a new era” in the firm’s fortunes, Stuttgart auctioneers Nagel are moving to grand new premises in the old quarter of the city next month.
Hunter goes to London at record price
19 June 2003AS AT London auctioneers’ themed events, nationalist bidding also underpins demand at sales in Ireland and Scotland. The Edinburgh auctioneers Lyon & Turnbull (17.5/10% buyer’s premium) report having “lots of private buyers and underbidders” at their May 23 Fine Paintings sale, despite the quantity of material being down on the equivalent sale last year owing to the gathering period conciding with the war in Iraq.
Transferring knowledge
19 June 2003Cheffins will sell a Suffolk collection of printed creamwares in their June 25-26 sale. Specialist George Archdale has made many personal discoveries during the cataloguing of the £30,000 collection, including the origin of the popular transfer Palemon and Lavinia.
Incomplete – but scarcity triumphs
17 June 2003The combination of a single-owner collection in a specialist niche corner of the market with a not over-large and mostly market-fresh selection of realistically estimated material were the keys to the warm reception that greeted Sotheby’s (20/12% buyer’s premium) sale of Scientific instruments in their Olympia rooms on May 28. All bar 15 of the 155 lots, just short of 90 per cent (92 per cent by value) changed hands for a total of £262,350.
Museum gets some timely help from top dealers
13 June 2003VENERABLE top Mayfair dealers Partridge hold an exhibition of French clocks at their gallery at 144-146 New Bond Street, London W1 from June 12 to 28.
Bore drawers? No, a top tea chest at £4400
13 June 2003AN early 19th century bowfront chest of five over three drawers, mahogany strung with satinwood. Doesn’t sound too special does it? That’s until you realise that the description is of a fully fitted tea caddy measuring just 91/2in by 8in high (24 by 20cm). Lots of interest in this rare novelty saw it climb to take the top price of David Lay’s mammoth Penzance sale at £4400.
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