Shakespeare First Folio Sells for $8.4M – the Oldest Undergraduate by Alex Capon College for Women in the Western US, Founded in 1852
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To print, your print settings should be ‘fit to page size’ or ‘fit to printable area’ or similar. Problems? See our guide: https://atg.news/2zaGmwp ISSUE 2464 | antiquestradegazette.com | 24 October 2020 | UK £4.99 | USA $7.95 | Europe €5.50 koopman rare art antiques trade KOOPMAN (see Client Templates for issue versions) THE ART M ARKET WEEKLY [email protected] +44 (0)20 7242 7624 www.koopman.art Shakespeare first folio sells for $8.4m – the oldest undergraduate by Alex Capon college for women in the western US, founded in 1852. The First An ‘original and complete’ Folio had come to the US in 1961 copy of William Shakespeare’s when it was sold by London First Folio of plays set an dealership Bernard Quaritch to auction record in the the real estate investor Allan Exceptional sale at Christie’s Bluestein. New York. Estimated at $4m-6m, the Fifth copy for US dealer copy drew competition on Loewentheil, whose 19th October 14 from three phone Century Rare Book and bidders. After six minutes it was Photograph Shop in Brooklyn, knocked down to US book New York, bid £1.5m for another dealer Stephan Loewentheil at First Folio at Sotheby’s in 2010, $8.4m (£6.46m), a sum that surpassed the previous auction Continued on page 4 high of $6.16m/£3.73m (including premium) for a First Right: the copy of Folio sold in the same saleroom Shakespeare’s First Folio in October 2001. that sold for a record $8.4m It was consigned by Mills (£6.46m) at Christie’s New College in Oakland, California York on October 14. Trade threatened by £100m laundering levy Economic Crime Plan”. Details of the business. The Economic Crime Levy seeing as the AML regulations only by Laura Chesters cost of the levy have not yet been would be on top of this cost. came into force for the trade at the start decided but the Treasury aims to raise The British Art Market Federation of this year and the period for The art market is lobbying approximately £100m a year from (BAMF), dealer associations and registration with HMRC is being government to try to stop a new regulated AML firms such as banks and leading auction houses have responded extended until June 2021.” BAMF levy on the sector for Anti Money estate agents. to the consultation to argue that the chairman Anthony Browne added: “It Laundering initiatives. Those impacted in the art market costs of any such levy would be a heavy is difficult to envisage a worse time to The Treasury held a consultation will be auction houses, art galleries and burden on UK art market firms. be adding costs onto art businesses.” (July 21-October 14) on the new dealerships that sell works of art for A statement on the Treasury website Economic Crime Levy that it plans to above the €10,000 threshold which Shock decision said: “Money laundering is at the heart introduce and said the charge “will must register with HMRC as an ‘Art Legal expert Tom Christopherson (and of all economic crime with ultimately fund new government action to tackle Market Participant’ (AMP). Registering a consultant to Constantine Cannon the proceeds of all such crimes needing money laundering, and help deliver involves a fee of £300 per premises plus and Bonhams) said: “This came as the reforms committed to in the 2019 £40 per responsible person within the something of a shock to the art market, Continued on page 4 THURSDAY 29 OCTOBER NUMISMATIC AUCTION 27 avenue de la Costa lot 595. lot 807. lot 817. 98000 Monaco Monte-Carlo 100 francs 1861 E. Victoria. «Una and the Lion» 5 pounds 1839. Victoria. Trade dollar 1896 B, Bombay. www.mdc.mc PCGS SP 66+ NGC PR 66 ULTRA CAMEO NGC PR 64 PAGE 001, 004 2464.indd 1 19/10/2020 11:09:57 Follow us on Twitter Antiques Trade Gazette is published and originated by Metropress Ltd, Contents@ATG_Editorial Issue 2464 trading as Auction Technology Group Ltd Read top stories every day on our website antiquestradegazette.com auctiontechnologygroup.com Find us on: Follow us on Twitter Chief Executive Officer John-Paul Savant Chief Operating Officer Richard Lewis @ATG_Editorial Find us on: Publishing Director Matt Ball Editor-at-Large Noelle McElhatton Deputy Editor, News Laura Chesters Deputy Editor, Features & Supplements Roland Arkell Commissioning Editor Anne Crane In The News page 4 Chief Production Editor Tom Derbyshire Digital & Art Market Editor Alex Capon ‘Why I bought $8.4m First Folio’ Reporter Frances Allitt The ‘first obtainable map’ printed in Arabic Marketing Manager Beverley Marshall Print & ProduCtion Director Justin Massie-Taylor News Digest page 6-7 SUBSCRIPTIONS ENQUIRIES Polly Stevens +44 (0)20 3725 5507 Includes our pick of the week [email protected] EDITORIAL +44 (0)20 3725 5520 Feature - travel memorabilia [email protected] ADVERTISING Bradshaw guides, campaign furniture and much +44 (0)20 3725 5604 more from this market page 10-14 [email protected] AUCTION ADVERTISING Charlotte Scott-Smith +44 (0)20 3725 5602 Auction Reports [email protected] NON-AUCTION ADVERTISING HAMMER HIGHLIGHTS Dan Connor +44 (0)20 3725 5605 The good sports of Spode page 16-19 Travel update [email protected] CLASSIFIED ART MARKET The concept of taking a long Rebecca Bridges +44 (0)20 3725 5604 [email protected] Canaletto follower finds success page 22-23 trip seems a long way off right now – but you could buy some INTERNATIONAL ADVERTISING BOOKS AND WORKS ON PAPER Susan Glinska +44 (0)20 3725 5607 related memorabilia [email protected] Big sum for influential maths work page 26-27 page 10-14 Francine Libessart +44 (0)20 3725 5613 [email protected] CALENDAR CONTROLLER Previews page 30-31 & FAIRS AND MARKETS ADVERTISING Rachel Tolley +44 (0)20 3725 5606 [email protected] Dealers’ Diary ATG PRODUCTION +44 (0)20 3725 5620 Horological timeline in US show page 32-34 Muireann Grealy +44 (0)20 3725 5623 SUSTAINABLE RESOURCES International Events page 36-45 This product is produced from sustainably managed forests and controlled UK Auction Calendar page 46-52 sources. It can be recycled. recycle Antiques Trade Gazette, Fairs & Markets Blue and white delight Harlequin Building, From Red Cross to an antiques hub page 54 65 Southwark Street, Single-owner Spode collection London SE1 0HR gives a market snapshot +44 (0)20 3725 5500 Letters & Obituary page 59 page 16 antiquestradegazette.com Printed by Buxton Press Ltd SK17 6AE Get your Morning Briefing from Antiques Trade Gazette If you want to keep on top of the latest news in the art and antiques world, signing up to Antiques Trade Gazette’s Morning Briefing email is a must. Free and delivered straight to your inbox on any device – mobile, tablet, laptop – the Gazette Morning Briefing keeps you informed with the latest news while at home and on the move. Sign up today for free and stay one step ahead antiquestradegazette.com/morningbriefing 2 | 24 October 2020 antiquestradegazette.com PAGE 002 2464.indd 1 16/10/2020 15:31:43 BOURTON-ON-THE-WATER, GLOUCESTERSHIRE Thursday 29th and Friday 30th October Two-Day Auction Sale of Antiques, Fine Art & Objets d’Art To include Asian Ceramics & Works of Art, Medals & Militaria, Fine Wristwatches, Fine Wines & Champagnes, over 50 lots of Hand-Knotted Persian/Turkish Carpets, Estate Jewellery & Silverware, private entries of 17th – 21st century Oils, Watercolours & Lithographs, Fine Period & selected country Furniture etc., etc. AT THE NORTH COTSWOLD SALEROOM, GL54 2AR 900+ various selected lots, to include instructions from private clients and estates with various collections removed for convenience of sale to the North Cotswold Saleroom George Cuitt Snr. (1743-1818), A large mid-19th century bronze An early 19th century pocket globe in John Opie R.A. (St. Agnes, Cornwall a view of Richmond, Yorkshire temple censer, 36cm wide x 34cm original shagreen case 1761 - London 1807), portrait of high (including handles) Captain Philip Beaver (1766-1813) From a good selection of From a very good selection of Chinese ceramics From a good selection of estate silverware From a very good selection of privately champagnes and fine wines entered estate jewellery Privately entered Rolex wristwatches A Sultan’s gold medal for Egypt A good 19th century marine From an excellent selection of estate-entered (from a good selection of fine watches) 1801 granted to Capt. Philip chronometer by J.G. Fay & Co military medals and militaria, etc. Beaver R.N.H.M.S. Foudroyant A Robert ‘Mouseman’ Thompson oak A Chinese Daoguang mark An archive of 18th century documents relating to the colonisation sideboard, circa 1970s (and possibly period) dish of the Island of Bulama PLEASE NOTE: viewing and 'limited' sale day bidding by appointment only. Please contact the auctioneers for a viewing or bidding slot Viewing: Tuesday 27th & Wednesday 28th 8.00am - 7.00pm and on sale day mornings from 7.30am until start of sale at 10.00am Buyer’s premium 21.6% incl. VAT @ 20% www.the-saleroom.com/taylerandfletcher The North Cotswold Saleroom, Lansdowne, Bourton-on-the-Water, Glos. GL54 2AR Enquiries to Martin Lambert: 01451 821666 or [email protected] https://www.the-saleroom.com/en-gb/auction-catalogues/tayler-and-fletcher Viewing Days and Sale Days 01451 821666 or 07989 357218 taylerandfletcher.co.uk antiquestradegazette.com 24 October 2020 | 3 PAGE 003 2464.indd 1 16/10/2020 11:44:06 News ‘With fewer opportunities this was a moment to seize’ Continued from front page Left: dealer First Folio contains 36 plays, 18 of which 235 are known to have Stephan of which may have otherwise survived.