France

THE Hôtel Drouot, traditional home of Parisian auctions, will not now be sold, it has been announced. Following the withdrawal of all four bids after none could surmount difficulties in negotiating a sale, the auctioneers who own the Drouot have raised €71m (approx £45m) and set up a management company, Drouot Holding, to run it – although not its finances – with seven of their number on the board.

There was a French auction record for Sèvres under the Ferri (17.94%/ 11.96% buyer’s premium) gavel at Drouot on May 24 when the large Empire period fuseau vase, shown here, was offered for sale.

La Guérison de l’Epiléptique, 3ft x 2ft 4in (91 x 70cm), pictured right, by André Bauchand (c.1927), based on Raphael’s Transfiguration, sold on low-estimate for €3800 (£2450) at Blanchet (17.94% buyer’s premium) on May 15, partly reflecting the indifferent condition of its paintwork.

After Modern art specialist Francis Briest and Claude Aguttes of suburban Neuilly, Hervé Poulain and Rémy Le Fur have become the latest auctioneers to join Artcurial.

Insurance giants AXA and Barclays Private Equity have withdrawn their offers to buy Drouot. In a statement issued on May 13, AXA said that their €82m offer, tabled on March 21, was to be “considered null and void, given the difficulty in obtaining the support of a majority of commissaires-priseurs”.

RESPONDING to the rise and rise of interest in 20th century design Le Salon du XXeme Siecle will be launched in Paris from June 6 to 9 at Le Carrousel du Louvre.

Oriental art dealer Christian Deydier has been voted in as the new president of the France’s Syndicat National des Antiquaires (National Dealers’ Association) in Paris, defeating book dealer Claude Blaizot by 10 votes to 6. Outgoing president Dominique Chevalier, recently injured in a motorcycle accident, did not stand for re-election.

A pair of ornamental blue and gold vases made by the Manufacture Impériale in St Petersburg (c.1825-30) soared to €520,000 (£335,000) at Beaussant-Lefèvre on April 10.

NAPOLEONIC MEMORABILIA (£1 = €1.62): A sale entitled L’Empire à Fontainebleau confirmed the evergreen appeal of Napoleonic memorabilia at Osenat, Fontainebleau (17.94/13.16% buyer’s premium) on March 10, where one of the last linen shirts worn by Napoleon on St Helena was offered for sale.

FRANCE: FROM June 6 to 9 the inaugural Le Salon du XXeme Siecle (20th Century Design Show) will be launched at the Carrousel du Louvre in Paris.

Paris in late March held various attractions for art lovers outside the saleroom. Europ’Art, a new contemporary art salon (March 14-17), attracted 200 artists from 18 countries (40 of them from ‘guest nation’ Israel). The International Paris Print Fair (March 22-25) assembled 30 exhibitors from France, Germany, Spain, Italy and the UK (Elizabeth Harvey-Lee, Flowers Graphics, Garton & Co, Sims Reed, and William Weston).

FRANCE: A remarkable 21 new dealers are joining this year’s 21st Biennale des Antiquaires, which will be held at the Carrousel du Louvre, in Paris from September 20 to 29.

ArtCurial, the Paris art gallery/bookshop based at the Hôtel Dassault on the Champs-Elysées, have moved to expand their auction activity by taking a minority stake in the auction firm owned by Claude Aguttes, based in the smart Paris suburb of Neuilly.

When Sotheby’s sold the second and third parts of Sotheby’s sale of the Jammes collection in Paris on March 21 and 22, the highest price was paid, as expected, for this exceptional collection of correspondence from the French father of photography, Nicéphore Niépce, and his son Isidore, featuring a heliographic reproduction of a Dutch print.

The AXA insurance group have joined the battle for Drouot with an offer believed to be worth €82m (£51m), comfortably exceeding the €69m (£43m) proposed by Barclays Private Equity and the €64m (£40m) by ABN-Amro earlier this year.

Christie’s (20.93/11.96% buyer’s premium) staged their first Automobile sale in Paris on February 12 at the Rétromobile vintage car show, which attracts 100,000 visitors every year.

PARIS: Ten works by Philippe Hiquily (born 1925) surfaced in the Camard sale at Drouot on February 8, comfortably exceeding predictions to post “record prices” and enjoy what Camard called “tremendous success among French and foreign collectors and decorators.”

FRANCE: Auction turnover in France, for sales by commissaires-priseurs, rose 4.4 per cent in 2001 to €1.9bn (£1.17bn). There were significant regional increases in Lyon & the South-East (up 14 per cent to £180m, with Lyon itself contributing over one-third of that figure) and Brittany-Anjou (up 17 per cent to £102m), whereas Normandy suffered a dip of 19 per cent with sales of £86m.

PARIS: The whole history of French coins from Gaulish times to the present was covered by the Jean Vinchon (10.764% buyer’s premium) sale in Paris on November 6. Because it was a single collection rather than the random assemblage that chance had brought across the counter there were many choice examples on offer.

A large desert Caravane by Victor Huguet (c.1895), 4ft 4in x 6ft 8in (1.31 x 2.02m) and inspired by Fromentin, led the Delorme-Fraysse picture sale on February 12 with €82,000 (£51,200).