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Art and antiques news from 2001

In 2001 Alfred Taubman and Sir Anthony Tennant, respectively chairmen of Sotheby's and Christie's in the 1990s, were indicted by a US federal grand jury on charges of colluding to fix rates of commission between 1993 and 1999.

Taubman received a jail sentence the following year whereas Tennant refused to leave Britain to stand trial in New York and could not be extradited because there was no equivalent criminal offence in the UK.

In other news restrictions on travel in the UK due to foot and mouth affected auctions and fairs across the country.

The attacks of 9/11, in which 3000 people died, not only disrupted fairs and sales in Manhattan but also led to fewer US buyers travelling to the UK to acquire art and antiques. Trade in antique furniture was particularly badly affected in the following years.

A Parisienne takes a provincial promenade

29 January 2001

FRANCE: A LOUIS XVI mahogany gueridon with three scrolled legs, stamped Molitor, sold to the French trade in Dijon on December 9 for Fr1.6m (£150,000), five times estimate – even though the table was in indifferent condition, having been recovered from a local attic.

Incomparable Catcher... ?

29 January 2001

US: DESCRIBED as “probably as good or better than any copy at auction in the last five years”, a 1951 first of J.D. Salinger’s The Catcher in the Rye, the cloth binding extremely clean and the dust jacket in “nearly superb” condition, made $7500 (£5170) in the December 18 sale held by the Baltimore Book Company.

Don’t mess with Sophocles

29 January 2001

US: THE PIRACY collection mentioned above was not the only sale held by Christie’s East on December 12. Three important Hemingway lots which formed part of a general sale are described below, and in Antiques Trade Gazette No. 1472 I featured works by Ayn Rand, among them two works on Hollywood, published whilst she was still a young woman in Russia, which sold well.

The dream before the nightmare…

22 January 2001

UK: THIS looks the life! Relaxed in elegant company, high above the world and its cares on a sunlit terrace with parasols and palms.

Scientific breakthroughs

22 January 2001

UK: CLOSE to 640 lots were packed into the catalogue of the last Bloomsbury sale of the old year – half of them scientific and medical – but compared with the sale of the previous week, reported in Antiques Trade Gazette No. 1473, four-figure bids were few and far between.

ICollector strike live online bidding deal with EBay

22 January 2001

EBay are to provide the technology for customers to bid live online at sales held by hundreds of auction houses whose catalogues can be scanned on ICollector’s Website.

Buoyant bids as determined buyers push through floods

22 January 2001

UK: SUPPLY the goods and, through hell or, in this case, high water, they will come. The new Chichester operation of Henry Adams underlined this article of auctioneering faith when at their second sale they were able to put up a good range of items sought by the middle and upper markets and, despite the serious local flooding (one would-be buyer marooned miles away phoned to complain that the sale should have been cancelled), they enjoyed a considerable success.

Clean linen press tops Devon day

22 January 2001

UK: THE most prominent entry to this monthly two-day sale in Devon was an early 19th century linen press had come from a South Coast farmhouse.

Dealers assemble for tea-time in Suffolk

22 January 2001

UK: “THAT is a heck of a lot of beverage, even for me,” said one dealer looking over the 64 lots of tea and coffee pots, some shown here, at Phillips (15/10 per cent buyer’s premium) sale in Bury St. Edmunds on December 6-7.

Albertus Seba’s Locupletissimi rerum naturalium thesauri...

22 January 2001

US: A SCIENTIFIC library formed by New York businessman Joseph A. Frielich was sold by Sotheby’s New York for $10.7m (£7.2m) on January 10-11, 2001, and among many lots that made much higher than predicted sums was a magnificent copy of Albertus Seba’s Locupletissimi rerum naturalium thesauri...

Butcher’s boy wins £260 stake

22 January 2001

UK: WELCOME as the activity of interior decorators is on today’s auction scene, it was still a little surprising to note the interest that some took in this 1950s butcher boy’s bicycle, right, offered at the Scarborough sale held by David Duggleby (10per cent buyer’s premium) on December 4.

Links to Gillow raise bids on table

22 January 2001

UK: FURNITURE and clocks made the running at the South Coast auctioneers’ final sale before Christmas, where local dealers were doing some last-minute shopping.

A view to the Sussex future

22 January 2001

UK: WITH the trade’s rumour mill in overdrive over the possible closure of Sotheby’s Billingshurst, the decision by a West Sussex businessman to open a new auction house Latimers (15 per cent buyer’s premium) in Horsham, barely 10 miles away from Summers Place, could well prove to be timely.

Biffo the Bear v Spiderman

22 January 2001

UK: ILLUSTRATED here are examples of English and American comics and two pieces of original artwork from the Comic Book Postal Auctions sale which closed on December 12.

Government to compensate family over Nazi loss painting

22 January 2001

UK: ARTS Minister Alan Howarth has announced that the Government will pay £125,000 compensation to a family forced to sell a painting as they fled the Nazis.

A little early in the year to pop the corks

22 January 2001

FINE wine is one of those areas of the auction market which is bound to catch a cold if the world economy sneezes into recession or slowdown over the coming months. Higher than usual unsold rates at recent auctions in London and New York would suggest that buyers are already taking a more selective view of the wine market.

Billy Wright scores at Ludlow – thanks to star French footballer

22 January 2001

UK: TWO days of selling in the niche sporting memorabilia market resulted in something of a score draw for specialists Mullock Madeley.

Victorian quality fills gaps left by scarcity and policy

22 January 2001

Irish bid beats London trade to £11,500 bureau plat UK: PHILLIPS’ Northern torch carrier nets consignments from an extensive area – everywhere east of the Pennines from the Scottish Border to South Lincolnshire – but, even so, the fine furniture sales that used to be held six times a year are now quarterly events with fairly slim 200-250-lot catalogues.

Riddle of the sphinx

22 January 2001

UK: THIS 63/4in (17cm) high striking table clock proved to be the most expensive lot in a sale of clocks and watches held by Christie’s South Kensington 17.5/10 per cent buyer’s premium) on December 14.

Braced for bidder’s action

22 January 2001

UK: SPECIALIST auctioneers Tool Shop Auctions (10 per cent buyer’s premium) finished the year with an 1100-lot dispersal on December 4 at Needham Market Suffolk, where a UK bidder beat an American rival to the top seller, this extremely rare boxwood Ultimatum brace, right, by William Marples.