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 7 1 -2 0 2 1 9 1 ISSUE 2487 | antiquestradegazette.com | 10 April 2021 | UK £4.99 | USA $7.95 | Europe €5.50 S E E R 50years D koopman rare art V A I R N T antiques trade G T H E KOOPMAN (see Client Templates for issue versions) THE ART M ARKET WEEKLY [email protected] +44 (0)20 7242 7624 www.koopman.art $1.9m record for British coin ‘Earliest known portrait set in Dallas of African in Persian art’ by Roland Arkell The record for a British coin has been Among the highlights of broken again with the sale at Heritage in Dallas of an Edward VIII proof pattern last week’s Islamic and £5 for $1.9m (£1.39m). The largest Indian art sales in London denomination from the fabled 1937 was this late Safavid ‘abdication’ sets almost doubled the portrait of a mercenary in previous high for a British issue set just six months ago in Monaco. the Persian army painted Despite extensive preparations for an in the cosmopolitan city of Edward VIII coinage (records at the Royal Isfahan c.1680-90. Mint suggest that more than 200 dies for It could be the earliest coins, medals and seals were prepared), the plans for general circulation in January 1938 known portrait of an African were cut short by the events of December 1937. figure in Persian art and Only a handful of trial proofs survive. one of the earliest artistic Continued on page 4 records of the African community that is still present in the Gulf region. Print fair morphs On the market for the first time in half a century at into Print Week Bonhams’ Islamic & Indian Art sale on March 30, it The London Original Print Fair (LOPF) has sold at £300,000 (estimate modified its operations to suit the current restrictions and plans a Print Week in dealers’ £100,000-150,000). galleries next month, writes Laura Chesters. Continued on page 8 Prior to the pandemic, the annual event focusing on historic and Contemporary prints took place at The Royal Academy, its home for 36 years, but was held as an online edition last year. This year – while an indoor multi-exhibitor Pick event is still prohibited – the reopening of shops in England allows dealers to hold of the week Continued on page 4 Welcome BACK to our Antiques&CollectorsMarkets THURS 15 & TUES 20 & FRI 16 APRIL WED 21 APRIL THURS & FRI Thursday 9am - 6pm £20 (Thursday ticket TUES & WEDS Tuesday 9am - 5pm £20 (Tuesday ticket allows allows entry on Friday) Friday 8am - 4pm £5 entry on Wednesday) Wednesday 8am - 4pm £5 Newark & Nottinghamshire Showground, NOTTINGHAMSHIRE NG24 2NY South of England Showground, Ardingly, WEST SUSSEX RH17 6TL WE NOW TAKE CARD PAYMENT AT BOTH MARKETS IN LINE WITH COVID GUIDELINES 01636 702326 l www.iacf.co.uk [email protected] PAGE 001, 004 2487.indd 1 01/04/2021 19:00:12 Follow us on Twitter Antiques Trade Gazette is published and originated by Metropress Ltd, Contents@ATG_Editorial Issue 2487 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 Dutch dealers launch online show Reporter Frances Allitt Lee Young takes over Somerset saleroom Marketing Manager Beverley Marshall Print & ProduCtion Director Justin Massie-Taylor News Digest page 8-9 SUBSCRIPTIONS ENQUIRIES Polly Stevens +44 (0)20 3725 5507 Includes our pick of the week [email protected] EDITORIAL +44 (0)20 3725 5520 Feature - entertainment [email protected] ADVERTISING Abbey Road memories – plus a selection of +44 (0)20 3725 5604 [email protected] highlights and previews page 12-17 AUCTION ADVERTISING Charlotte Scott-Smith +44 (0)20 3725 5602 Auction Reports [email protected] NON-AUCTION & FAIRS AND MARKETS HAMMER HIGHLIGHTS Showbiz in the spotlight ADVERTISING Wide-ranging sale delights page 20-21 Dan Connor +44 (0)20 3725 5605 Music and film lots star in an [email protected] ART MARKET entertainment memorabilia CLASSIFIED Rebecca Bridges +44 (0)20 3725 5604 Suburban house full of great art page 24-25 special report page 12-17 [email protected] BOOKS AND WORKS ON PAPER INTERNATIONAL ADVERTISING Susan Glinska +44 (0)20 3725 5607 Album inspired by Sir Walter Scott page 28-29 [email protected] Francine Libessart +44 (0)20 3725 5613 [email protected] Previews page 32-33 CALENDAR CONTROLLER Rachel Fellman +44 (0)20 3725 5606 [email protected] Dealers’ Diary ATG PRODUCTION +44 (0)20 3725 5620 Tomasso family in focus page 36-38 Muireann Grealy +44 (0)20 3725 5623 SUSTAINABLE RESOURCES International Events page 40-45 This product is produced from sustainably managed forests and controlled UK Auction Calendar page 46-51 sources. Onward and upward It can be recycled. recycle Antiques Trade Gazette, Fairs & Markets Life at the Tomasso dealership Harlequin Building, Revival in Lovejoy Suffolk town page 53-55 65 Southwark Street, after a rebrand and ahead of a London SE1 0HR landmark Sotheby’s sale +44 (0)20 3725 5500 Letters & Obituary page 58-59 page 36-38 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 | 10 April 2021 antiquestradegazette.com PAGE 002 2487.indd 1 01/04/2021 14:55:38 antiques trade gazette PDF proof o Paper proof o PLEASE PROVIDE PROOFING FEEDBACK ASAP Designer: initial File Name: file name Proofed by: Contact: Muireann Grealy on 020 3725 5623 Date: Cleared by: Time/Date: [email protected] Do you need to disclose your clients to another Art Business under Anti-Money Laundering? In the wake of the Anti-Money Laundering regulations, many Art Businesses continue to find themselves contending with an unworkable issue: Disclosing their clients to one another. hile the heart of the AML While many finding themselves in the middle regulations concerns itself with of a transaction have taken to sharing ‘letters of a call for transparency to reduce reliance’, the practice contravenes the requirements illegitimate activity, it is at odds with under the regulations and exposes both the sending Wtwo fundamentally important characteristics which and receiving parties to significant risks be those define the business of dealing in art: Discretion regulatory failure or a participant in an unsafe and privacy, two characteristics no less that are oft transaction. sought by legitimate buyers and collectors. As a Customer Due Diligence platform designed That said, the increased transparency reveals specifically for the Art Market, arcarta puts you in that no Art Business exists within a vacuum control of your clients information, while privacy and subsequently, once mutually beneficial tools allow you to securely share as much - or as relationships are being turned combative as valuable little as required - so you comply while preserving commercially sensitive information is given away your commercial relationships. and the role of agency viewed as a smokescreen. At arcarta we understand the friction regulation Consider if you consign works to a peer, have half creates both for you and your clients. We use shares in works with another or purchase on behalf technology to reduce the compliance burden, of your private clients: This type of activity when administration and security risks for Galleries, viewed through the lens of the 5th Anti-Money Dealers, Auctioneers and Advisors in the UK, EU & Laundering Directive will see you acting on behalf of Switzerland. someone else and thereby an intermediary. arcarta.com/atg | +44 161 850 7571 PAGE 003 2487.indd 2 31/03/2021 17:13:40 News ‘Abdication’ issue sets record for a British coin Continued from front page 1937 proofs were rediscovered in January 2020. The total price in a safe at the Royal Mint in including 20% buyer’s premium The exact number of Edward 1950. His request to receive a set for the £5 coin at Heritage is VIII coins in existence is for himself was turned down. $2.28m (£1.67m). unknown but it is perhaps just The gold £5 is the most The previous auction high for five or six 13-coin sets, of which desirable issue for its imposing a British coin was set by two four remain intact. size. Just two specimens are in issues sold by MDC in Monaco Thomas Humphrey Paget private hands: this example and last October. Exceptional (1893-1974) provided the bust another that forms part of the examples of the 1831 George IV portrait, with Edward choosing proof set in the Tyrant five sovereign piece and the 1839 to shun tradition by requesting collection, a US private Una and the Lion £5 pattern – a left-facing bust (according to collection that boasts every coin Heritage as part of the so-called has come to auction in recent both the highest-graded the accepted sequence adopted denomination issued by English Paramount Collection was in memory, the closest comparison examples of their type – took since Charles II he should have monarchs since the early 7th fabulous condition, designated is the 1937 pattern sovereign €820,000 (£745,000) each.