News

UK: KNIGHT Frank, who are overseeing negotiations for the sale of Sotheby’s Billingshurt rooms, have set a deadline for interested parties of July 26.

The UK trade have their man at the helm of CINOA, the international federation of antique dealers associations, for the first time in 13 years. Henry Neville, chairman of Mallett, was elected president at the annual general assembly in Dublin at the end of June.

In the portrait miniature market the sitter is considered less important than the painter – but sometimes even a famous artist like Henry Bone, enamellist to the Prince Regent and the author of this miniature, right, can be superseded by their subject.

Although billed as English and Continental furniture, and Works of Art Bonhams’ (17.5/10 % buyer’s premium) sale on June 11 was very much slated towards the home market, with English fare accounting for around 100 of the 153 lots.

EBAY have struck a $1.5bn deal that will give them control of PayPal, the leading online payment service, by the end of the year.

The extent to which a provincial auctioneer should be liable for underselling a work of art is again under scrutiny as a vendor threatens legal action.

History was made at Sotheby’s July 10 Old Master Paintings sale when Sir Peter Paul Rubens’ long-lost masterpiece, The Massacre of the Innocents, sold in the room to the Mayfair-based book dealer Sam Fogg for £45m, the highest auction price ever achieved for a work of art in the UK.