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THERE may be a long-established tradition of collecting Chinese ceramics and works of art in the West, but the highly specialist knowledge of the language and culture required to appreciate Chinese painting from anything more than a decorative point of view means most serious collectors and dealers are based in the Far East.

AUCTION history was duly made at Sotheby’s New York on the evening of Wednesday, May 5 when Picasso’s iconic 1905 Rose Period canvas, Garçon à la Pipe, was knocked down for a hammer price of $93m (£54.7m), making it the most expensive work of art ever sold at auction.

WOOLLEY & Wallis sold the first tranche of the caddy spoon collection assembled over the past half century by John Norie on April 20.

RENOWNED thriller writer Frederick Forsyth is to be the patron of this year’s Antiquarian Book Fair, which runs at London’s Olympia from June 3 to 6.

ONLINE auction giant eBay have announced a record 59 per cent increase in turnover for the first quarter of 2004.

HAVE we just had a glimpse of the Jack Vettriano market in 100 years’ time? Any connection between the Walter Dendy Sadler (1854-1923) painting of three top-hatted Regency gentlemen being served a bottle of port in an inn garden which made £50,000 at the Cambridge rooms of Cheffins (15% buyer’s premium) on April 22, and the £660,000 Singing Butler might seem tenuous in the extreme.

WHEN a small, unattributed Old Master painting sells at £30,000 in the provinces the S-word usually gets plenty of use.