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News
Latest news from Antiques Trade Gazette, the leading specialist publication for the art and antiques market
Supply fears as strong mainland Chinese buying leaves its mark
HONG KONG ASIAN SALES : When SARS broke out in Asia earlier this year, Sotheby’s decided to hold their Asian auction series in Hong Kong as planned in April, but Christie’s postponed their Hong Kong sales until early July. Sotheby’s may not have registered the same levels of Western interest in their two fine Chinese sales on April 27 (the combined 281 lots totalled a premium-inclusive HK$106,481,440), but like Christie’s, they reported increased mainland Chinese buying.
12 August 2003Zöe is Robert Bailey’s fair lady
12 August 2003ONE can never accuse the energetic Essex organiser Robert Bailey of resting on his laurels, or even standing still for longer than it takes to greet a visitor to one of his fairs. More aware than most independent organisers of the increasing importance of marketing Robert has just appointed Zöe Martin (right) to his permanant staff to oversee marketing and public relations.
Vases head for Versailles…
12 August 2003A successful sale isn’t always an instant transaction and one of the more notable features of exhibiting at a fair is follow-on business. This can often take some time to materialise but is nonetheless satisfying, especially when it produces a particularly pleasing conclusion, as was the case with this pair of 18th century Sèvres vases à compartiments, pictured right, which London dealer Robert Compton-Jones of the Woollahra Trading Co. took to the Paris Biennale last September.
Contents updated–at £1m
12 August 2003Decorator’s home supplies the demands of today now good looks outrank authentic age: WITH a hammer total of well over £1 million and a 98 per cent selling rate, the on-the-premises contents sale at Wormington Manor, Worcestershire, notched up the sort of figures in the grand tradition of such Sotheby’s events, but in fact it was in many ways much more representative of current trends than past glories.
A lick of paint adds a zero to the price…
12 August 2003Anyone who has studied the Americana market in any detail will know how important surfaces have become to its many folk art aficionados. Original paint is not just a bonus – it can often be the difference between $1000 and $10,000. And it can happen here, too.
Naworth fair a rare opportunity
12 August 2003NORTH Yorkshire-based organisers Galloway Antiques Fairs continue a busy summer from August 29 to 31 with their fair at Naworth Castle, Brampton in Cumbria. Space limits this event to just 28 dealers but they obviously do business as a good many of them have been with Naworth since the first in 1996.
Paris: Pavillon move to challenge Salon is ‘damaging’
12 August 2003THERE will be plenty of antiques activity in central Paris this autumn, centred on two major fairs each with their quota of high- profile international dealers. A feast for fairgoers, but also behind the scenes a feast for those with a taste for intrigue since, as is so often the case with the Paris trade, there is plenty of politics involved. My Paris-based colleague Simon Hewitt takes a peek behind the arras and reports:
Italian style around the home
12 August 2003ITALY: MORE than 440 lots of silver and Russian works of art were offered at Christie’s (24-18.5% buyer’s premium, excluding VAT) sale in Rome on June 12, of which slightly less than half sold.
Movement of art and antiques shows dramatic swings
11 August 2003THE latest figures published by Customs and Excise show a significant leap in fine art and antiques imports and exports for 2002. Exports to non-European Union countries rose by more than 20 per cent from 2001, while imports went up by 16.5 per cent.
Book now for RICS October conference
11 August 2003THE Antiques and Fine Arts Faculty of the RICS have released details of their annual conference, which will be held in the West Midlands, from Friday, October 3 to Sunday, October 5.
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