North America
Another record-breaking sale with $240m for post-War art
20 November 2006November 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.
Christie’s $500m ‘Bloch’ buster
13 November 2006Feeding frenzy sets new record as bidders get their fill despite absence of Lloyd Webber Picasso
At $238m, Sotheby’s enjoy their best day since 1990
13 November 2006Sotheby’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.
Pollock sets new all-time high
06 November 2006Jackson 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.
The way the wind is blowing…
30 October 2006AMERICAN 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).
Trade take Drawings to New York
30 October 2006MASTER Drawings in New York, a new Anglo-American trade initiative will be launched in January. It is modelled on Master Drawings in London which has been held since 2001.
Casino tycoon gives Picasso the elbow
23 October 2006IT would have been the most expensive picture ever sold. At $139m, the private deal between two American billionaire buddies would have upped the record high for any painting by $4m. But the deal is now off.
Mission to save a collection
16 October 2006In 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 NY closed for day
16 October 2006Sotheby’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.
$140m Klimts up for auction
25 September 2006CHRISTIE’S are hoping to generate up to $140m for the four remaining works by Gustav Klimt (1862-1918) that were part of the high-profile Bloch-Bauer restitution case.
One year on – Trade enjoys mixed fortunes in New Orleans
11 September 2006ALMOST one in five antiques dealers have not returned a year on from Hurricane Katrina, but there are tales of better fortunes for some.
New York firm to offer first art title insurance policy
22 August 2006A New York based company is offering what they believe is the world’s first title insurance policy for fine art.
North American barometer trade under pressure
22 August 2006The North American trade in antique barometers is under threat from mercury management legislation now operating in a dozen states.
VIP entrance for Atlantique buyers
07 August 2006Atlantique City, the self-styled World’s Largest Indoor Antiques and Collectibles Show, has introduced a VIP ticket package for collectors wishing to enter the fair a day early.
Armory closed for November show
07 August 2006Plans to launch a new design, antiques and fine art show at the 69th Regiment Armory in New York have been shelved as the venue returns to military service during the proposed November 16-19 show dates.
Cook’s proof that money can indeed grow on trees
18 July 2006OF the many publications generated by Captain Cook’s exploits in the Pacific, the most curious is surely A Catalogue of the Different Specimens of Cloth Collected in the Three Voyages of Captain Cook to the Southern Hemisphere...
Martin Luther King archive goes to his alma mater
10 July 2006IN what must be one of the least surprising private treaty sales negotiated, The Martin Luther King Jr Collection will go to Morehouse College, Dr King's alma mater in his home city of Atlanta.
Dealer admits rare map crime spree
04 July 2006THE notorious map thief Edward Forbes Smiley III has appeared in court in the US where he admitted to stealing 97 antique maps worth more than $3m.
Banner headline: the $11m flag
24 June 2006Lieutenant Colonel Banastre Tarleton was one of the most notorious British commanders of the American Revolution. After leading a series of successful operations in both the north and south, he returned home after the war as one of the most famous men in England, sat for a portrait by Sir Joshua Reynolds and began a long-term affair with actress and royal consort Mary Robinson.
Steel shortage delays Lester launch by months
24 June 2006SEAFAIR, the ambitious project of a floating antiques selling exhibition along the Eastern seaboard of the United States, has delayed its launch from late this year to next June.
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