Nov 26, 2018
OK, I’ve held off as long as I can but it’s less than a month away now, so as Advent begins on Saturday, I think it’s reasonable to mention the C word. Christmas, as we now know it, is largely the invention of Charles Dickens, thanks to his magnificent 1843 novella, A Christmas Carol, which many credit with reviving interest in the declining traditions of the holiday at the time.
Just as Prince Albert introduced the German tradition of the Christmas Tree, and Coca Cola can take responsibility for the modern image of Father Christmas, so Dickens’ creation coincided with other innovations that become traditions themselves, perhaps none more so than the Christmas card.
Although the first known Yuletide greetings card dates back to the reign of James I, the Victorian tradition began in the same year that A Christmas Carol was written and published. Commissioned by the inventor Sir Henry Cole and Illustrated by John Calcott Horsley, the world’s first commercially produced card depicts a family celebration at the centre, with scenes of charity giving to each side. These were not cheap throwaways. At a shilling each, they were considered expensive and so only a few of the 1000 printed sold.
Needless to say, it is an example of this that holds the world auction record for a Christmas card, with one selling for £20,000 as long ago as 2001.
Nov 19, 2018
Ron English is an American contemporary artist, who is famous for exploring brand imagery and advertising. His website, Popaganda, currently promotes recent shows titled Universal Grin and Delusionville. He certainly looks cutting edge, is clearly successful and seems to know what he is doing.
However, if reports are to be believed, he may be about to make a significant and costly mistake.
In the wake of the media frenzy surrounding Banksy’s shredding of his celebrated work Girl With A Balloon at Sotheby’s, English has spent $730,000 on another Banksy – this time a mural – and has vowed to destroy it by painting it over with whitewash.
English is reported to have bought the piece at auction as a protest against the commercial exploitation of street art. However, he also says that after he has altered it he intends to sell it for $1m. This seems confused thinking at the very least.
Whatever his motives, what English has failed to take into account, as far as I can see, is that while he may have a large following, he is not Banksy. When Banksy shredded his own work, art market experts believe he added to its value by creating a new work as a result, Love is in the Bin. English overpainting a Banksy with whitewash is not the same thing at all, so the $1m is probably a pipedream – not to mention the $730,000 he has just paid out.
Nov 12, 2018
The sale, earlier this month, of the late Professor Stephen Hawking’s wheelchair is the perfect example of how auction values are often all about an item’s associations or symbolism rather than any specific intrinsic value.
At just under £300,000 including buyer’s premium, the specially kitted out motorised wheelchair may be a rare piece of machinery in itself, but it is the genius who sat in it that makes it unique.
Other Hawking items, including his Albert Einstein Award, also made huge sums, but without the man himself they are just so many pieces of wood, glass, metal and plastic… aren’t they?
Clearly not. The war memorials we all stood in front of on November 11 to honour the sacrifices of the Fallen on the centenary of the end of WWI are emblems of those who are no longer there, but we felt their presence strongly as the bugler played the Last Post. They provide a material focus to our interest and attention.
Just so museum exhibits, tokens of affection, mementoes, religious relics and, indeed, the personal effects of historic figures like Professor Hawking. As tangible reminders, they help concentrate the mind on the spirit and character of those with whom they are associated. And it is our continuing fascination with these individuals that means we never tire of attempting to connect with them via these objects – and that’s what gives them their value.
Nov 6, 2018
How healthy is the future of the antiques and auctions market looking? Some seem to think that the young have no interest in antiques or the traditional auction process and that our days are numbered. Not so. As far as I can see, the evidence points to the reverse.
Look at all of the websites and apps set up to recycle second-hand clothing and fashion items. I know teenagers who have effectively set themselves up as dealers as they market this gear, while others are already well versed in the online auction process as they chase the rarities and bargains.
Think, too, of all the new antiques dealers out there. They may be purveyors of retro furniture and design, 1970s jewellery and suchlike; they may be selling out of pop-up shops in trendy markets like Spitalfields; and it may not have occurred to them at all that they have anything to do with our wonderful world. But you know what? They are no different in their passions, approach and ambitions from all of the other antiques dealers over the years; they simply specialise in something different.
And that’s they key: as time passes, so antiques change as well. Few may seek out Victorian sideboards now, but they compete fiercely for their replacements: early and mid 20th century artist-craftsman pieces and post-war Scandinavian design.
So, yes, I am confident that our ever-evolving industry will prosper.
Oct 29, 2018
If you want to find out more about how the art and antiques market works these days, you can sign up to innumerable email newsletters giving you the inside information on the latest trends.
That’s fine if all you are interested in is Contemporary and Modern art sales in London and New York that make millions, or what’s happening with blockchain and bitcoin and how they may help change the way the market works.
Try looking for news on the sort of art, antiques and collectables that interest you, me and most of the rest of the world, however, and your eyes will ache from too much screen time as you search in vain. Ok, top-end prices may make better headlines, but it astonishes me how the media tends to ignore 95 per cent of what is changing hands day to day.
Let’s face it, if you are interested in collecting and want to know about any given field, you need to know the ins and outs, what to look for, what to avoid and what factors affect values. That’s where collecting clubs come into their own. So next time the idea of chasing the rarest piece of Clarice Cliff strikes you, forget the trendy newsletters and head for the collectors’ club website and immerse yourself in knowledge.
Oct 22, 2018
Have you ever wondered what it must be like to stand (or sit) at the rostrum and shout out the lots? How much of a skill is it to tease bids from those ranged before you or, come to that, from the phone or internet?
Having done this for decades, I suppose it comes as second nature these days, although creating the same atmosphere to excite those viewing remotely on screen has proved to be an altogether different challenge over the past few years, and you need to be on top of your game if you are not to let down your consignors.
In a way, an auctioneer on the rostrum is rather like a conductor leading an orchestra through a concert. The mood changes with the music; at some points you need to create a loud noise, waving your arms about to the crashing cymbals of Tchaikovsky’s 1812 overture, while at others you need to slow the room down to a more sedate waltz as you try to get those paddles waving.
The really skilful auctioneer is the one who can almost reach out and tickle bidders as a conductor might gently wave his baton at the strings section just below him, squeezing those last few bids to ensure a picture or piece of porcelain realises its maximum potential.
There is both an art and a craft to this most unusual of skills.
Oct 15, 2018
Still on the Banksy theme, a number of other extraordinary factors have emerged after the shredding incident at Sotheby’s. Firstly, footage of the drama unfolding released on Banksy’s own website shows that he must have had several representatives in the room as the film is taken from various positions at the same time.
Bizarrely, to my mind, some art experts argue that the ‘performance art’ episode now attached to the piece has possibly doubled its value, despite the fact that it is now largely cut into strips, which frankly doesn’t say much about why some people treasure art.
Perhaps even more bizarrely, it now turns out that at least one other owner of a Banksy work has taken a Stanley knife to it in an attempt to replicate the stunt and thereby double the value of the piece… only to discover that it is one thing for Banksy to do this, quite another for them to give it a go. In their case the five-figure work is now worthless.
As I have advised before, values are subjective and can prove unpredictable, especially under circumstances like these. In normal times, around half a dozen factors help determine prices at auction, but when the extraordinary happens all bets are off.
Meanwhile Frieze, the art fair conglomerate on show in London that normally expects to dominate the headlines at this time of year has had to play second fiddle to this affair – not something it has experienced before.
Oct 8, 2018
One of the most extraordinary things I have heard took place at Sotheby’s in London on October 5 after a picture by the mysterious Street artist Banksy sold at auction for £1m.
After the hammer fell to the successful buyer on Girl with a Balloon, a noise started and the audience watched as a shredder within the picture’s frame proceeded to destroy it. To some people this was another inspired and sensational move by one of the art world’s bad boys as he thumbed his nose at the establishment. All very entertaining in its own way, I suppose.
However, it’s worth remembering that a lot of people would have put a great deal of time, effort and money into preparing the picture for auction, publicising it, and attracting bidders. What about them? Is Banksy going to compensate them and the auction house for lost fees? What about the buyer, who thought enough of the artist to make a £1m bid? Should they be treated with contempt in this way? Or is Banksy the only one allowed to make money out of his art, regardless of all the help and support he has along the way from others? If he doesn’t like his art being exploited financially, I suppose the simply answer would be not to sell it in the first place.
As a piece of theatre, I’m sure the shredding of a £1m artwork at the point of sale makes for a memorable occasion, but as a self-indulgent act at the expense of others, I’m not sure how admirable it is.
Oct 1, 2018
The episode of the Cottingley Fairies did nothing to enhance the reputation of Sir Arthur Conan Doyle, who was taken in by the hoax along with many others, and widely ridiculed as a result.
It all started in 1917 when cousins Elsie Wright, aged 17, and Frances Griffiths, aged nine, took photos of themselves in their garden with what appeared to be dancing fairies and a tiny gnome. In fact they were cleverly crafted coloured cut outs supported by hatpins, but enough people were taken in by the trick for serious discussions about the existence of fairies to arise over a number of years. Conan Doyle went into print more than once on the subject. Around 20 years ago a film of the story was released.
Now the two images are coming up for auction with hopes of £2000.
It’s astonishing a century on that so many people could have been taken in by the hoax, but I believe Conan Doyle should be seen in a more sympathetic light. He had already lost a wife and son and developed a serious interest in spiritualism over a period of 30 years. The thought of life after death and the possibility of being able to contact lost loved ones must have been highly appealing and a great comfort to him.
The Cottingley Fairies episode would have added to his fascination and research and he was keener on being remembered for this side of his life than for his fiction.
Sep 24, 2018
It used to be all about the Three Ds – Death, Divorce and Debt – when it came to reasons for consigning to auction. Now you can add Downsizing and De-cluttering as modern tastes moved towards minimalism in the home and older couples cashed in their property portfolios once the children had flown the nest.
I was reminded of all of these this week as news emerged of a sale that has arisen as a result of Debt. Adding another D – this time for Disaster – the theme of the sale will be the Titanic, whose sinking was a unique event in history that continues to fascinate and horrify in equal measure owing to both the sheer scale of the loss of innocent life and its symbolism. Few catastrophes (the 2004 Boxing Day tsunami was another) better illustrate the lasting truth that no matter how developed and sophisticated we become as a species, humans are only ever a small step away from the unstoppable caprice of nature.
In this case a company specialising in exhibiting Titanic memorabilia has filed for bankruptcy, leaving all the exhibits up fro grabs. When you consider that the violin played by the bandleader as the ship sank sold last year for $1.7 million (it’s not part of this sale) the attraction of Titanic items becomes obvious.
However, putting all the pieces on the market at once risks deflating values, so it will be interesting to see how the administrators handle the auction.
