Auctioneers

THE first industry-wide survey of the secondhand jewellery market puts the value of trade at several hundred million pounds a year.

After 236 years of auctioning wine in London and other international centres, Christie’s will be holding their inaugural sale of fine wines in Paris on September 14.

UK: KNIGHT Frank, who are overseeing negotiations for the sale of Sotheby’s Billingshurt rooms, have set a deadline for interested parties of July 26.

In the portrait miniature market the sitter is considered less important than the painter – but sometimes even a famous artist like Henry Bone, enamellist to the Prince Regent and the author of this miniature, right, can be superseded by their subject.

Although billed as English and Continental furniture, and Works of Art Bonhams’ (17.5/10 % buyer’s premium) sale on June 11 was very much slated towards the home market, with English fare accounting for around 100 of the 153 lots.

The extent to which a provincial auctioneer should be liable for underselling a work of art is again under scrutiny as a vendor threatens legal action.

History was made at Sotheby’s July 10 Old Master Paintings sale when Sir Peter Paul Rubens’ long-lost masterpiece, The Massacre of the Innocents, sold in the room to the Mayfair-based book dealer Sam Fogg for £45m, the highest auction price ever achieved for a work of art in the UK.

The oriental inspiration of this 51/2in (13cm) high Meissen teapot of c.1728 extends not only to its finely painted figural decoration by J G Horoldt but also to its peach-shaped form. At £78,000 it made the highest price in a single-owner collection of Meissen porcelain held at Christie’s on July 8.

WHILE trade buying was a feature of their capital’s main June important furniture sale, it was less evident earlier in the month at Sotheby’s (19.5/10% buyer’s premium), Bond Street, Croft Castle auction on June 6, that offered buyers a more middle range selection of English brown furniture from the Herefordshire estate of the late Lord Croft.

UK: Scarborough auctioneer David Duggleby has taken over Bairstow Eves’ Whitby salerooms, effectively doubling the size of his operations in North Yorkshire.

Size was certainly a feature of Christie’s South Kensington (17.5/10% buyer’s premium) mammoth gathering of furniture and works of art held on June 12, but so was variety.

Searching for the perfect piece of passementerie or some furnishing fabric to add the finishing touch to an interior? It’s worth checking out Sotheby’s two-day sale from H.W. Keil Antiques which takes place in Cheltenham next week on July 15 and 16.

Ever since Sotheby’s first Rock sale in 1981, Beatle material has been on a roll. Beatle memorabilia is the undisputed market leader in this field and this autographed copy of Sgt Pepper’s Lonely Hearts Club Band album sleeve, 1967, received top billing at Sotheby’s Olympia (17.5/10% buyer’s premium) 337-lot Rock/Fashion sale on June 14. This privately consigned entry was taken to £34,000 against a £6000-8000 estimate, by a private US buyer on the telephone.

ITALY: VENICE-based auction house Semenzato is to be merged into Finarte of Milan in early August with a view to taking on Sotheby’s and Christie’s head on in Italy.

Stockmarket jitters may not have had any noticeable impact on the upper ranges of the Impressionist and Modern market but further down the scale things were looking less rosy. At Bonhams (19.5/10% buyer’s premium) on June 24 the 95-lot sale took £446,020 with a 52 per cent take-up by lot.

The World Cup may have come to a disappointing close for English fans, but sporting enthusiasts can now look forward to a summer of Wimbledon and cricket Test matches.

SOTHEBY’s lost one of their senior directors and serious innovators at the beginning of this month when Philippe Garner joined Phillips, de Pury & Luxembourg with the position of Worldwide Director of Photographs and 20th and 21st Century Design.

Sotheby’s announcement of the discovery of a cache of Nelson memorabilia that has been hidden away for almost 200 years has generated huge media interest.

UK: Edinburgh auctioneers Lyon and Turnbull are expanding their business with the creation of three new jobs, two of them in silver and jewellery.“We are bucking the trend by continuing with our expansion plans as other auction rooms in Scotland reduce their workforce and close offices,” said vice-chairman Paul Roberts.

Following the last minute cancellation of Bonhams’ July 8-9 sale on the premises at Moynes Park in Essex, the nearest thing to a traditional English house sale this summer is likely to be the contents of Branton Court House in Yorkshire which Bonhams are offering in three parts at their Hepper House saleroom in Leeds on July 16, July 23 and August 6.