Europe

SOTHEBY’S have given the autograph documentation and picture, right, a hefty estimate of €500,000-750,000 for a very good reason: the picture is now thought to be the earliest image made by photographic means.

PARIS: A prestige series of auctions held by Tajan at the Hôtel George V just before Christmas (December 17-19) yielded just under £7m hammer.

SPAIN: The real star of the Sala Retiro (16% buyer’s premium) main sale of the season, held on December 12 and 13 was a piece of silver, specifically a large, 153/4in (40cm) high silver lidded jug made in Spain in the first third of the 17th century.

FRANCE: A gilded and bleu céleste Louis XVI Sèvres cup and saucer, right, 51/2in (14cm) tall and known as the Gobelet Dauphin, sold over estimate for Fr260,000 (£24,800) at Piasa in Paris on December 7.

PARIS: This extraordinary 2ft 3in (69cm) showpiece entitled Christus Vincit, made by Joseph Chaumet for the 1900 Exposition Universelle, sold for Fr2.8m (£267,000) at Calmels-Chambre-Cohen on December 10.

PARIS: The Piasa letters and manuscripts sale on December 17 brought Fr7.25m (£690,000) hammer with just 1 per cent bought in, and no fewer than 18 pre-emptions for the Bibliothèque Nationale, Comédie Française, Assemblée Nationale, Musée Victor-Hugo, and the towns of Avignon, Grenoble and Besançon.

FRANCE: Just weeks after Sotheby’s and Christie’s first sales in Paris, the Hôtel Drouot is the target of two takeover bids, from Barclays Private Equity, an investment fund, and Pierre Bergé, longtime president of the Yves St-Laurent fashion house and a former chairman of the Paris Opera.

The Tower of Babel was a popular subject with Flemish artists, and with the Louvain-born Lucas van Valkenborch (c.1530-97) in particular. He painted at least four versions, to be found in Munich, Mainz, the Louvre, and in the Beaussant-Lefèvre saleroom at Drouot on December 14, when an oil on panel Tower dated 1587, 28 x 35in (71 x 90cm), spiralled six times over estimate to Fr8.2m (£781,000), establishing an auction record for the artist.

PARIS: American buyers were to the forefront at the ArtCurial-Briest sales on December 17 and 18, held in the stylish Hôtel Dassault halfway down the Champs-Elysées, and preceded by an elegantly hung four-day viewing.

PARIS: An ensemble of nine photographs by Gustave Le Gray, all albumen paper prints from collodion or paper negatives from the collection of chemist Paul-Emile Lecoq de Boisbaudran (who discovered the metal gallium), surfaced at Millon & Associés on December 3.

BOUND to be a highlight at TEFAF Maastricht in March is Rembrandt’s painting of the goddess Minerva which will be offered by New York dealer Otto Naumann for $40m.

SWITZERLAND: The Salon de Mars scheduled for April 6 to 14 at Palexpo, Geneva has been cancelled since it clashes with the Salon International de la Haute Horlogerie at the same venue.

FRANCE: Paris auction house Drouot reported a slight rise of 0.66 per cent in 2001 turnover to Fr4.11bn (£391m). Art sales rose five per cent to Fr3.47bn (£330m).

Less than a month after Christie’s first sales in Paris, Dominique-Henri Freiche, a director of Groupe Pinault, has replaced François Curiel as President of Christie’s France.

LAPADA, the Association of Dealers, have been preparing their members with a useful guide on how to adapt to the euro for when they conduct business in Europe.

The more collectable the antique, the greater difference small details make to the final price. This general rule may explain the contrasting prices on these two glass bowls, all but identical in date, c.1800, form and origin, Cork or Waterford.

It is not usually understood that the prophet Mohammed did not actually ban images. This came about some 60 years after his death. In very late AH77 (696AD) the then caliph instituted an epigraphic gold coinage: the dinar (cf. Latin: denarius).

ITALY: Back on November 4, Semenzato (19 per cent buyer’s premium, including VAT) held a sale of furniture and works of art in Venice in which an 18th century Venetian painted chest of drawers, pictured right, produced the highest price of the day at Li160m (£52,460).

Radical changes are planned for next year’s 13th staging of one of the world’s top fairs, the Biennale des Antiquaires at the Carrousel du Louvre in Paris.

Less than a week after Sotheby’s became the first foreign auctioneers to sell in France, Christie’s brought down the hammer on their inaugural French sale – the first session of the Charles-Otto Zieseniss collection.