Sotheby's

UK: THREE more selections from the Ronald Segal library which was auctioned off in Sotheby’s English Literature & History sale held on December 19.

Two weeks ago (Issue No. 1478) we reported the sale of Sigmar Polke’s re-discovered 1963-64 Untitled Doppel portrat, above left, at a record £1.05m at Sotheby’s February 7 Contemporary Art Sale in London to the German collector Friedrich ‘Mick’ Flick.

UK: ILLUSTRATED here are just three lots from the remainder of the Sotheby’s Travel sale, representing polar voyages, English topography and Middle Eastern costume.

UK: A COUPLE of weeks ago the Antiques Trade Gazette recorded the sale of the Joe Marshall Collection which put an extra sheen on the January sales at Sotheby’s South (15/10 per cent buyer’s premium). Among the goldmine of antiques veteran dealer Mr Marshall had shown Billingshurst chairman Tim Wonnacott in 1996, in a secret vault at his Blackburn shop, were a couple of oils by Charles Spencelayh R.M.S. (1865-1958) one of which was Mother shown here, which led the sale.

UK: THE English Literature and History sale held by Sotheby’s on December 19 opened in unexpectedly dramatic fashion when an English alchemical manuscript drawn up in 1624 by Leonard Smethley, miraculously transmuted an estimate of £6000-8000 into something just as welcome as the gold or silver that ancient practitioners hoped for – a huge bid of £180,000!

US: THE THREE year investigation into the price-fixing conspiracy between Sotheby’s and Christie’s entered its closing stages at a federal court in Manhattan last week as a federal judge formally accepted the criminal guilt of both auctioneers and no legal objections were raised to the terms of the $512m settlement in the civil lawsuit.

UK: ALTHOUGH not the highest grossing section of the four-day International sale at Sotheby's South, Billingshurst, the works of art section held on January 30 still saw a number of strong prices for sculpture and bronzes with the top seller this alabaster bust, right entitled Poésie.

UK: Last week London saw Sotheby’s and Christie’s first ever round of major Impressionist, Modern and Contemporary sales in February.

UK: SOTHEBY'S Barometers and Clocks sale at Billingshurst on February 1 was one of the few areas where Joe Marshall’s treasures did not make a showing but expert-in-charge Jonathan Hills happily remarked on the current strength of the market across the board for horology.

Commission fixing charges may be brought against Christie’s and Sotheby’s in Britain following the dismissal of three lawsuits in America that sought compensation for purchases in London since 1992.

Silverware from Quincy Church US: WHEN the United First Parish Church of Quincy, Mass., established as the Braintree Church in 1639, was forced to choose between keeping a roof overhead or selling ecclesiastical silver so valuable that it was rarely used, the congregation voted to sell the silver.

UK: THE Travel sale held by Sotheby’s on December 14 included a fine collection of what are known as ‘Lafreri-School’ maps, the product of a remarkable flowering of cartographic arts that took place in Rome and Venice, c.1540-70.

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...

Sotheby’s Holdings have confirmed that eight per cent of their staff worldwide – around 165 employees – are to lose their jobs as part of a cost-cutting and restructuring programme.

USA: A 137-lot collection of marine archaeological artefacts salvaged by the company Arqueonautas from seven wrecks on the reefs of the Cape Verde Islands rounded off Sotheby’s horological and scientific auction on December 19.

LONDON: SOTHEBY’S have signed a five-year lease to open a new 54,000 sq ft year-round saleroom at Olympia in west London from June next year. The first sale is expected to take place in September.

A protracted telephone duel saw this striking early 17th century, Roman inlaid marble and hardstone table top go from a starting bid of £500,000 to a final price of £1,030,000 to top Sotheby’s Continental Furniture sale in London on December 13.

Auction houses want disclaimer clause included before payment. Buyers and sellers given a January 5 compensation claim deadline as part of the class action in the Sotheby’s/Christie’s collusion case face a dilemma.

DETAILS of the planned development of Sotheby’s UK salerooms announced in last week’s Antiques Trade Gazette are unlikely to become clear before mid-December at the earliest.

Sotheby’s have instigated a dramatic ‘restructure’ of their company after announcing net losses of $183m for the first nine months of this year.