Antiques Trade Gazette
3 news
Two new departments for Bonhams in Scotland
BONHAMS Scotland is to establish two new departments at its Edinburgh headquarters in Queen Street. Asian Art and Books will join
Paintings, Jewellery, Silver, Furniture, Clocks and Works of Art, European Ceramics and Glass, Sporting, Whisky and Arms and Armour, bringing the number of specialist departments to ten. The company says the new
department, under director Ian Glennie, reflects the rapidly growing interest in Chinese and Japanese art and will be the only dedicated Asian art department in Scotland. The new book department will be
run by specialist Henry Baggott, until recently joint owner of Wychwold Books in Stow-on-the-Wold, which he has run for the past 10 years. He has a particular expertise in 20th century first editions and the works of Ian Fleming.
Update
THE 87th London Antique Arms Fair, from September 23 to 24, has had to change venue because of essential maintenance work on the intended venue, the Ibis Hotel in Earls Court. The fair will now be held at Novotel London West at 1 Shortlands, Hammersmith, London W6 8DR.
www.antiquearmsfairsltd.co.uk
WAKELIN & Linfield’s email address was printed incorrectly in their advert in last week’s ATG. The correct email address is
wakelin_linfield@btinternet.com We apologise for the error.
Charitable status should stand, argue lawyers
continued from front page
hearing last week, the museum’s lawyers, representing the Attorney General, argued that the trading company was set up on the understanding that the collection would be retained under charitable trust for public benefit in perpetuity and so could not be disposed of as assets to pay off debts. The case arose after the Waterford
Wedgwood group applied for help to the Pension Protection Fund (PPF), which was set up to guarantee minimum levels of pension payments to members of eligible funds. The PPF refused help to Waterford
Wedgwood because, under the rules, it said Waterford Wedgwood should try to recover the shortfall from the museum’s
trading company. That, in turn, meant that the
Wedgwood Museum Trust was forced into administration, although the museum is operating as normal. The irony for the five employees is
that the very rules set up to protect their pension interests could end up costing them their jobs. The bulk of the collection was
donated by the Wedgwood family or the company, with donations going back decades. A significant consideration in setting up the museum trust in the early 1960s was to protect its assets in the event of the company going public at some time in the future. Even when Waterford Wedgwood did
go under in 2009, the museum trust was deemed unassailable by creditors.
Cowdray Park and Dunecht House continued from front page
in this auction. The 2ft 10½in (87.6cm) wide table,
elaborately decorated with a scene of Pan and Apollo engaged in a musical contest and with a C cipher below a viscount’s coronet, sold for £68,000 – over four times its lower estimate. A pair of mirrors also based on the Stuart silver in the King’s Room at Knole sold for a combined £135,000. The sale, which aimed to sell off
much of the furniture and works of art from the home of Michael Pearson, the 4th Viscount Cowdray, prior to the house itself being disposed of, included the contents of Dunecht House in Aberdeenshire, Scotland, home to Lord Cowdray’s brother, Charles Pearson. Christie’s sold 93 per cent of the lots, with a rate of 96 per cent by value. With attractively pitched estimates ranging from £50 to over £500,000, the sale also included a diverse selection of
lots, from British pictures, furniture and works of art, silver, arms and armour and tapestries, to firemen’s helmets and a jukebox. The top price was for an English
School portrait of a lady, c.1595-1605, traditionally identified as Queen Elizabeth I, but more probably Catherine Carey, Countess of Nottingham, which enjoyed plenty of pre-sale attention. It sold towards the lower end of its
estimate for £270,000. Three paintings by James Ferrier Pryde (1866-1941) broke the auction record price for the artist on three occasions, led by The Red Ruin, 1910, which sold for £75,000. In July a selection of nine works of art
from Cowdray Park were sold at Christie’s King Street, which included Thomas Gainsborough’s full-length portrait of Mrs William Villebois, which took £5.8m, a record for the artist at auction. A full report of the Cowdray Sale will
appear in next week’s issue. Gabriel Berner
MICHAEL BLOOMSTEIN Dealing in precious metals for four generations
WE BUY - SCRAP GOLD, SILVER AND PLATINUM
WE SELL - TO INVESTORS GOLD BARS, KRUGERRANDS & SOVEREIGNS Visit our premises for immediate setlement. Cheque • Bank Transfer OR
• Cash
Phone for current prices and to receive our free, insured postal pack • Payments are made by return post 30 Gloucester Road, Brighton, Sussex BN1 4AQ
Tel: 01273 608374 Fax: 01273 690788
www.bloomstein.co.uk email:
refining@bloomsteins.co.uk PEOPLE
WE regret to announce the death of English oak and French country furniture dealer Henry Baines on August 26 at St Leonards-on-Sea following a long battle with cancer. He ran his Southborough,
Tunbridge Wells shop for nearly 40 years. He is survived by his wife Anne. Any enquiries please contact Arthur C Towner, funeral directors on 01424 436386.
WE regret to announce the death of Doris Rayment, proprietor of the Petworth Antique Market and Centre, who died in her sleep on August 22, aged 81. See next week’s issue for a full
tribute.
CORDIER Antiques & Auctions of Camp Hill, Pennsylvania have announced the opening of their new auction house at 1500 Paxton Street in the city of Harrisburg. The property will house the company’s offices, auction hall and storage facility. Cordier hold regular auctions with a focus on firearms, coins, jewellery and real estate. They will continue to maintain the offices in Camp Hill.
FOLLOWING the announcement that sales at Bonhams Knowle will be moved to the company’s Chester and newly established Oxford rooms, it can be confirmed that the toy sales will operate out of Oxford. The first will be on February 8.
WE regret to announce the death of Geoff Cooke, proprietor of D&G Display Products on September 8, aged 62. The funeral will be at St Francis of Assisi Church, Amersham Road, High Wycombe at 2pm on September 27.
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