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.

Christie’s Education to leave King Street

09 June 2003

Christie’s are to relocate their education arm from King Street to new premises in the Fitzrovia area of London. The current building, number 5 King Street that was the former Spink premises, will undergo refurbishment in the summer. While the upper floors are expected to remain Christie’s offices, a decision will be made in the near future as to the use of the prime retail space below.

Ceramics break the mould...

04 June 2003

NOT for nothing is the antiques market known for being unpredictable, nay, almost perverse. In the middle of the worst recession that many dealers have experienced, the worst drought that many salerooms have ever had to endure, auctioneer Nigel Kirk of Mellors and Kirk recorded his best sale in the brief (ten-year) history of his business on 10-11 April. He could not quite believe it, especially as half of the furniture lots failed to sell, but the statistics bore out the remarkable reality.

Early issue Hobbits have a £10,300 day out in Hagley

03 June 2003

Apparently consigned for sale by a local lady who had no idea of its commercial potential – it had been acquired as holiday reading when she was a young girl – a 1937 first edition of The Hobbit was sold at £10,300 in a general antiques sale held by Fieldings in Hagley, Worcester-shire, on April 26.

Top-scoring lamps help Europeans see decorative light

03 June 2003

CHRISTIE’S (20.93/11.96% buyer’s premium) eschewed Art Nouveau altogether at their 20th Century Decorative Arts sale on May 20. This short outing was 83 per cent sold by lot (63 from 76) and 87 per cent by value, and raised a premium-inclusive €3.41m (£2.35m).

Strictly French policy translates into healthy bidding at Tajan

03 June 2003

THE Decorative Arts sale on May 19 at Tajan (14.35/20.33% buyer’s premium) was devoted almost exclusively to Art Deco and saw 165 of its 288 lots (57 per cent) find takers en route to a total of €3.18m (£2.2m) including premium. Unlike the sales at Sotheby’s and Christie’s, the catalogue was in French only with no English translations.

Appeal Court ruling protects auctioneer in good faith claim

02 June 2003

A man who had a 17th century Dutch panel painting stolen from his home more than 20 years ago has failed in an Appeal Court to win compensation from Christie’s, who offered the picture for sale in 1997. Key to the test case was Christie’s ability to show they had acted in good faith, adding further legal weight to the importance of due diligence.

…Vectis set up transatlantic business as they acquire US auction house

02 June 2003

Vectis, the largest toy auctioneer in the world, with a turnover of £5m, is to open in America. Bryan Goodall, who has owned the Teesside company for seven years, has recently acquired The Diecast Toy Exchange, an auction house based in York, Pennsylvania.

Fine Art Auction Group add Bristol Auction Rooms to saleroom portfolio

02 June 2003

THE Fine Art Auction Group, who have been building a network of salerooms in the South East and South West over the past two years, have acquired Bristol Auction Rooms.

Regency mahogany centre table makes £57,000

02 June 2003

One of several items consigned to Woolley and Wallis in Salisbury by descendants of the 7th and 9th Dukes of Newcastle for sale on May 13, this Regency mahogany centre table with profusely carved trestle supports in the manner of Thomas Hope surprised auctioneer and vendor alike when it breezed past its £800-1200 estimate to sell for £57,000 (plus 15/10 per cent buyer’s premium).

A mystery light as Eventide falls at £4100

30 May 2003

It seems that in terms of arriving in numbers after none has been seen for ages, novelty lighthouse cocktail shakers are to Yorkshire what No. 9 buses are to central London. In Antiques Trade Gazette No.1589 dated May 17 we illustrated just such a silver-plated shaker which took £1250 at Andrew Hartley’s Ilkley, West Yorkshire sale on April 9-10.

Has ‘Baghdad Bounce’ helped sales to the crest of a mini wave?

30 May 2003

JUNE is very much the traditional month for London’s high season in the art market. However, in the middle of May we had a taster of the frenzied auction activity usually associated with that month, a mini tsunami of high-flying sales with a clutch of dramatic and record-breaking prices.

£500,000 daguerreotype sets new record for photograph

29 May 2003

London’s main photograph auctions took place last week. The high point of the series came at Christie’s on May 20 in a single-owner evening auction of daguerreotypes by the French photographer Joseph-Philibert Girault de Prangey, when this image of the Temple of Olympian Zeus on the Acropolis sold for £500,000, reckoned by the auctioneers to be a new auction high for a photograph.

Namikawa’s name takes vase to the top

21 May 2003

THE name of Namikawa Yasuyuki is justly positioned in the premier league of Meiji metalworkers as one of the very finest cloisonné workshops working in the late 19th/early 20th century.

A strong sense of place helps lots top their high estimates

21 May 2003

ONE of the highlights of Bonhams & Langlois' (15% buyer's premium) March 26 Channel Islands theme sale was a collection of uniforms and associated ephemera and family history relating to three senior members of the Jersey Militia.

Provenance outweighs bias against basic furniture

21 May 2003

MID APRIL saw only the second sale held by Bamfords, the Derbyshire auctions firm (15% buyer's premium), but elated auctioneer James Lewis, talking from his mobile whilst filming a new episode of BBC TV’s Flog It!, felt it to be the best he had seen in Derby in at least five years.

Magic mushrooms bring bidding madness and a £480,000 bill…

21 May 2003

Illustrated with 117 detailed watercolours, an account of the different species of Agaric mushrooms growing in the Vienna region, complete with notes on their suitability for eating, was one of two mycological manuscripts in the natural history section of the Sotheby’s sale of May 7 (19.5/10% buyer's premium).

What was it that took this piece of furniture to £22,000?

21 May 2003

AUCTIONEER George Kidner admitted after this April 16 sale (15% buyer's premium) that he wished he’d been able to offer more of that currently under-regarded commodity, brown furniture, because while routine silver remains pretty dormant and there was little good jewellery to be found, good quality furniture, along with ceramics, was selling well, sometimes spectacularly so.

Hungarian silver, Italian marble and Fabergé gold stars of ‘English Country House’

21 May 2003

AN ARRAY of elegant objects sold mostly within estimates at the Celebration of the English Country House auction at Sotheby’s New York (20/12% buyer’s premium) on April 30 and May 1.

Marlene on the wall - for £75,000

20 May 2003

IT IS a well-known feature of rock and pop memorabilia auctions, that material relating to the Beatles is easier to sell than that relating to other stars. On this basis, the key to assembling a sale of this genre is presumably to fill it with as much Fab Four memorabilia as possible.

May Avenue charger does it for Clarice Cliff

20 May 2003

THE auction record for Clarice Cliff was sent tumbling last week on May 14 when Christie’s South Kensington sold this May Avenue charger for £34,000, almost double the previous high of £18,000 paid in December 2001 at Phillips for a charger decorated with the Windmill pattern.

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