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.

Sotheby’s sell off real estate operation

23 February 2004

Choosing to concentrate upon their auction business, Sotheby’s Holdings, Inc., have sold their real estate brokerage operations to Cendant Corporation. The total cash purchase price for the luxury brand and a 100-year licensing agreement was approximately $100m, plus ongoing fees based on future royalties from the development of a franchise business planned under the Sotheby's International Realty name.

Disability Discrimination Act may require change to shops and centres

23 February 2004

New laws to benefit the disabled due to come into force later this year will have implications for antique shops, centres and auction houses. The Disability Discrimination Act, covering all shops and service providers, irrespective of size, requires companies and venue managers to improve access and facilities for wheelchair users from October 1.

Part two of a single-owner collection of 18th century Derby porcelain

18 February 2004

Having sold the first tranche of a single-owner collection of 18th century Derby porcelain in their May 2003 fine sale, Wintertons Fine Arts will be hoping for similar success when part two is offered in their March 17 sale in Lichfield.

A satisfactory sitting

18 February 2004

PORTRAIT MINIATURES: At just under £92,000 for 287 lots, Bonhams Bond Street’s (19.5/10% buyer’s premium) first portrait miniature sale of the year on February 3 was essentially a middle-ranking offering.

“One of the world’s greatest portrait miniature collections”

18 February 2004

What Bonhams are billing as “one of the world’s greatest portrait miniature collections” will go on sale in their Bond Street rooms on April 22. The 175 English and Continental miniatures, which have been on loan to the Scottish National Portrait Gallery for the past three years, date from the 16th to the 19th century and are estimated to fetch in excess of £1m.

Cheffins Cheered by £450,000 record

16 February 2004

Cheffins of Cambridge are celebrating what must rank as one of the most dramatic – and certainly one of the highest – prices ever recorded in the UK provinces after their February 11-12 sale that included a pair of white marble seated figures by Sir Henry Cheere (1703-81).

Affordable country house fare from the stately home storerooms

13 February 2004

Wrotham Park, Hertfordshire, situated just 14 miles from Central London, has been the home of the Byng family for over 250 years but it is best known to a wider public for the starring role it played as the face of Gosford Park, the stately home in the eponymous Robert Altman film that brilliantly analyses the life of a country house above and below stairs.

A shocking dog story in paint…

13 February 2004

Dead animals are usually regarded as a major commercial no-no in a painting, as is excessive size. It was therefore hardly a surprise that a recently restored and relined 5ft 10in by 8ft (1.78 x 2.44m) Richard Ansdell (1815-1885) canvas featuring a dead wolf and a dying dog did not exactly inspire a blizzard of bids when it came under the hammer at Maxwells of Wilmslow on January 23.

Card rarities that come with a wealth warning

13 February 2004

CIGARETTE CARDS AND POSTCARDS: The cigarette and postcard auction is one of those corners of the collectables market where sales are keenly awaited by a specialist clientele and where very little tends to get left without a buyer.

Grayson Perry's 2ft 2in (66cm) high glazed earthenware vase makes £30,000

13 February 2004

An unprecedented crowd of over 500 people turned up to watch, if not bid, at Sotheby’s near sell-out Part I auction of contemporary art on February 5. A stream of telephone bids created numerous eye-catching results, including new auction highs for Nicolas de Staël (£1.15m), Richard Hamilton (£100,000), R.B. Kitaj (£220,000), Paul Pfeiffer (£40,000) and last year’s Turner Prizewinner Grayson Perry (b.1960).

An unsigned Old Master is £13,000 star of new rooms

13 February 2004

Although it might have been small beer by the standards of the New York Old Master sales reported last week, the presence of a £13,000 Italian still-life painting gave a welcome financial boost to Brightwells’ (15% buyer’s premium) inaugural auction at their new purpose-built Easters Court saleroom on the eastern outskirts of Leominster on January 15.

Perriand piece is the 20th century furniture star at stunning €141,000

13 February 2004

Furniture designed by Charlotte Perriand (1903–99) and produced by Steph Simon éditeur, raised some stiff start-of-year prices in the Piasa (17.94/11.96% buyer’s premium) saleroom on January 28.

When Pompey and Wolves knew better days...

13 February 2004

Portsmouth are just hanging on in the Premiership at present, but they too have had their glory days, and in a December 10 sale held by Nesbits of neighbouring Southsea, this programme (right) for the last pre-war FA Cup Final of 1939, in which they beat Wolves 4-1, was sold for £400 (a ticket for that game made £135) and another for the 1934 final, in which they had been beaten 2-1 by Manchester City, was bid to £450.

Scot tops the international scene at Sussex sale

13 February 2004

Scottish, Greek and Australian subjects gave a welcome international feel to the main highlights among the pictures offered on the third day of Gorringes’ (15% buyer’s premium) January 27-29 sale in Lewes.

Fabergé collection sold by private treaty

09 February 2004

Sotheby’s announced last week that the Forbes Collection of Fabergé, which had been scheduled for sale at auction in New York in April, has been sold by private treaty to a prominent Russian industrialist.

CSK raise premium

09 February 2004

Christie’s South Kensington increase their buyer’s premium from February 11: The new rate will be 19.5 per cent of the final bid price of each lot up to £70,000 and 12 per cent on the excess of the hammer price above £70,000, the same premium currently charged at Christie’s King Street.

Sure signs of recovery at flagship sales

09 February 2004

Contemporary art shines in London: The February round of Impressionist, Modern and Contemporary sales in London gave plenty of evidence that the top end of the art market has made a strong recovery from last year’s bout of Iraq War syndrome.

Picture specialist takes top Knightsbridge post

09 February 2004

BONHAMS have appointed Pippa Stockdale as managing director of the company’s Knightsbridge saleroom. Formerly the head of the pictures department at Knightsbridge, Ms. Stockdale joined Bonhams as a cataloguer in 1989 following time at Capes Dunn in Manchester.

A real dish for a lover of Lenci

06 February 2004

Although a £12,000 oil by Arthur Spooner (1873-1962) was the most expensive entry in the sale at Derby held by Bamfords (15% buyer’s premium) on December 9-10, perhaps the most eye-catching lot was this Lenci dish, right.

TEFAF two in battle over a costly courtesan

06 February 2004

IT was not just Sotheby’s and Christie’s who were generating some exceptional prices for Old Masters in New York in the third week of January. The East 87th Street auctioneers Doyle’s (19.5/12% buyer’s premium) generated keen interest from TEFAF Maastricht exhibitors in the room when they included a moody Gottfried Schalken (1643-1706) canvas in their January 21 sale.

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