Auctioneers

Sotheby’s have revised employee incentive packages in a move that should help stabilise costs and prevent key staff from being poached by rivals.

November saw the art market hit a new high as Christie’s capped a remarkable series of New York sales with a record $240m (£131m) for post-War and Contemporary art.

The discovery of two small panels by Fra Angelico (c.1395-1455) in a semi-detached house in Oxford ranks as one of the most remarkable art finds this country has ever witnessed.

Feeding frenzy sets new record as bidders get their fill despite absence of Lloyd Webber Picasso

Sotheby’s Impressionist and Modern art sale of 83 lots on November 7 generated $238m (£131.5m) and was the auctioneers’ highest auction total since the previous Impressionist and Modern high water mark of May 1990.

DAVID Linley has been appointed chairman of Christie’s UK, replacing co-chairmen Dermot Chichester and Charles Cator.

WHEN TEFAF Maastricht opens its doors next March, something will be different. An extraordinary sequence of events means that for the first time, the world’s two biggest auctioneers will effectively stand as exhibitors at the world’s most important fair for specialist dealers in fine art and antiques.

Jackson Pollock’s 1948 drip painting Number 5 has set a new record for a painting. Mexican financier David Martinez has reportedly paid $140m for it in a private deal brokered by Sotheby’s.

IT was the Gothic furniture that was in strongest demand at Sotheby’s Haute Epoque sale in Bond Street last week, none more so than this massive 16th/17th oak refectory table that was bid to an astonishing £420,000 (plus premium).

Trading standards officers say close to 100 unpaid consignors have been unable to contact Gadsbys Auctioneers and Valuers, of Tuxford Road, Leicester after the company abruptly stopped trading two months ago.

A Stradivari violin, which has been played in concert halls all over the world, is being offered for sale by Corsham-based auctioneers Gardiner Houlgate in London on November 6.

The highlight of the two-day sale of clocks and watches conducted by Gardiner Houlgate of Corsham, near Bath on October 19-20 was this rare 17th century coach or clockwatch consigned by a Bristol family who had owned it for at least a century. Measuring 31/2in (9cm) across, it is shown here a little over life-size.

AMERICAN folk art moved into new territory at Sotheby’s New York on October 6 when this life-size Indian chief weathervane with a rich verdigris patina sold for $5.2m/£2.9m (plus 20/12% buyer’s premium).

“A MOMENT of European importance” is how architects acknowledge Tyringham Hall in Buckinghamshire. It is one of the greatest country houses designed by Sir John Soane (1753-1837), the leading architect of his generation.

Renowned Bristol-born graffiti artist Robert Banks, better known as Banksy (b.1975), has made himself into a globally-recognised phenomenon by planting his subversive guerrilla artwork in the world’s best galleries, museums, and amusement parks.

£57m Indian summer for auction rooms

In 1862, the English missionary Father William Duncan brought around 70 Tsimshian Christian converts to an abandoned Native village and established a model Church of England mission settlement at Metlakatla in Northern British Columbia.

Sotheby’s New York was closed in the afternoon of October 11 in the wake of the plane crash that killed the two people onboard, injured 21 and briefly raised fears of another terrorist attack on the city.

When Sotheby’s sold the first portion of the Wardington library of atlases and geographies last year, London dealer Bernard Shapero set a cartographic auction record by paying £1.3m for the ‘Doria’ atlas, a superb collection of so-called Lafreri School maps of the latter part of the 16th century.

This early 18th century Channel Islands silver punch bowl, measuring 11in (28cm) in diameter and weighing 52oz, was among the highlights of a 100-lot single owner collection of silver, stored in a Channel Islands bank for over 30 years, offered by Martel Maides of Guernsey on September 28.