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.

Prices take flight for ancient feathered art

11 December 2003

Halphen’s array of pre-Colombian feather textiles from Peru dated back to 100AD. Such textiles continued to be made until the Spanish invasion, and were often used as currency by the Incas; the conquistadors, though, suspected them of having mystical powers, and destroyed them whenever they could.

Chalet girls clean up afterPooh sale

11 December 2003

A DRAWING by E.H. Shepard of Winnie the Pooh playing a balalaika raised bidding on a third edition of The House at Pooh Corner to £7000 in the Greenslade Taylor Hunt sale of November 13 – and although nothing else in the 825-lot Taunton catalogue came remotely close to that in financial terms, a few other lots deserve mention.

François Linke 1855-1946: The Belle Epoque of French Furniture

09 December 2003

François Linke 1855-1946: The Belle Epoque of French Furniture by Christopher Payne, published by the Antique Collectors’ Club. ISBN 1851494405 £75hb

Set of six 17th century painted leather chair backs

09 December 2003

Among the more remarkable lots sold outside London this season are a set of six 17th century painted leather chair backs (one shown) sold by Gardiner Houlgate on November 12-13. Discovered by the vendor in a box lot at a West Country sale, each of the six elements were decorated (probably domestically rather than professionally) in oil-based paint with secular figures, flora and fauna in a manner reminiscent of 1660s stumpwork.

Amsterdam boss to quit

09 December 2003

John van Schaik, managing director of Sotheby’s Amsterdam, has chosen to step down from his current position at the end of this year. Instrumental in developing Sotheby’s Amsterdam from a local Dutch operation into Sotheby’s main continental auction house, turning over €50m in 2003, Mr van Schaik oversaw a period of major growth and the move of operations from the centre of Amsterdam to its current premises in the south of the Dutch capital.

Christie’s Rock and Roll Memorabilia

09 December 2003

Christie’s Rock and Roll Memorabilia by Peter Doggett and Sarah Hodgson, published by Pavilion Books/Chrysalis Books. ISBN 1862055386 £25hb

Spink sell in Paris

09 December 2003

Spink are hoping to hold more sales in France following the success of their first foray into the French auction world. The November 17 sale of the La Fayette Collection, considered to be among France's most important stamp collections, produced a series of landmark prices, including the €820,000 (plus premium) paid for the 1 franc vermillion, a four-stamp tête-bêche, the most expensive French stamp ever sold at auction.

$10,000 hammer horror…

05 December 2003

JUST in time for Halloween, a warm-blooded and unidentified mortal paid $10,000 (£5920) for this box of tools designed for vampire killing, pictured right. Sold as part of Sotheby’s New York 19th Century Furniture and Decorative Arts sale on October 30, a label on the kit says: “This box contains the items considered necessary for persons who travel into certain little known countries of Eastern Europe where the populace are plagued with a particular manifestation of evil known as Vampires.”

Billie Pain’s legacy proves its worth with £31,000 jug

05 December 2003

IT was one of those landmark events that generated a perceptible buzz of expectation and drew the English porcelain collecting fraternity out of the woodwork en masse. Bonhams’ November 26 auction of the collection of the late Billie Pain pulled a capacity crowd to their Bond Street rooms and saw the trade and private collectors contest the 341 lots of prime early English porcelain to almost £782,000, getting on for twice the pre-sale predictions.

Russians turn up the heat in Lewes

05 December 2003

With Sotheby’s £6.7m Russian Pictures sale notching a hatful of records four days earlier, it was hardly a surprise to see some unfamiliar leather jacket-wearing, mobile phone-wielding characters turning up at Gorringes’ (15% buyer’s premium) November 21-23 sale at Lewes to view four paintings from the estate of a Knightsbridge-based lady who had once dealt in Russian objects.

Collection of 18th century Chinese monochromes

05 December 2003

Private consignments of Chinese porcelain are increasingly difficult to source and competition is rife between provincial and London rooms. Prices regularly spiral for the best quality works whether they are offered in the provinces or in the capital.

Tsar is the star as Russian works enjoy a new popularity

05 December 2003

SILVER, VERTU AND RUSSIAN WORKS OF ART £1 = $1.67: Christie’s (19.5/12% buyer’s premium) New York silver department has reasons to be cheerful: their October 21 sale, which saw selling rates of 78 per cent by lot and 82 by value for a premium-inclusive total of $5.95m (£3.56m) was boosted further when New York dealers Shrubsole bought the magnificent Charles II silver-gilt toilet service once in the collection of J.P. Morgan for a low-estimate $450,000 (£269,460) after the sale.

Wealthy mainland buyers turn up in force to compete

28 November 2003

Gone are the days when collectors could afford to ignore anything but the finest quality early 18th century imperial porcelain in mint condition. The burgeoning of interest in this field from Far Eastern collectors has ensured that when such pieces come under the hammer, the prices realised are out of the reach of all but the seriously wealthy.

Four Kangxi blue and white porcelain table legs

28 November 2003

Dealers and collectors with money in their pockets at the end of Asia week were rewarded with a trip to Christie’s South Kensington (17.5/10% buyer’s premium) on November 14. The room was full for this 478-lot auction, with mainland Chinese and Far Eastern buyers interested in two conservatively estimated, market-fresh, non-European collections of Chinese calligraphy brushes and archaic jades.

Jade that leaves the rest in the shade

28 November 2003

Christie’s King Street (19.5/10% buyer’s premium) were the only major house not to offer a single-owner sale in addition to their 163-lot mixed owner outing on November 11, but they managed to find buyers for the best quality private entries that sold well.

Christie’s on the crest of a wave as ship model doubles previous record at £600,000

27 November 2003

This impressive and highly finished late Queen Anne model of a 40/44 gun 5th rate ship, right, created a huge splash in Christie’s South Kensington’s 554-lot sale of Maritime models and marine paintings on November 19 when it sold for £600,000 (plus 17.5/10% premium), single-handedly providing over a third of the sale’s £1.36m total.

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A rare chamber pot with commercial appeal

22 November 2003

This unmarked mid-19th century chamber pot was one of the choice lots in the mixed-vendor section of Dreweatt Neate’s recent sale.

Sotheby’s cut back on costs to boost results

17 November 2003

A BIG cut in extraordinary costs for the third quarter of 2003 has boosted Sotheby’s latest results – as a result net losses have fallen by more than a third on the same period last year. The significant reductions in employee retention costs and antitrust-related special charges mean that losses for the quarter this year were down to $27.4m, compared to $43m for the third quarter of 2002.

Sotheby’s to stage Beaton tribute

17 November 2003

IN February 2004 Sotheby’s New Bond Street will mark the centenary of Cecil Beaton’s birth with an exhibition of his most celebrated photographs. Beaton at Large, which runs from February 10 to 20, will complement the National Portrait Gallery’s major retrospective, Cecil Beaton: Portraits, which runs from February 5 to May 3.

Late 16th/early 17th century Flanders linen damask banqueting cloth

13 November 2003

Among the highlights of Dreweatt Neate’s mixed discipline sale of November 19 is this late 16th/early 17th century Flanders linen damask banqueting cloth (a detail shown right) recently found by the Newbury auctioneers among a large quantity of table linen in an outbuilding of a country house.

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