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(Fragment)New Orleans Auction Galleries Files for Chapter 11 Bankruptcy
by David HewettOn April 1, in what was not an April Fools' Day prank, New Orleans Auction Galleries, Inc. filed for Chapter 11 bankruptcy (reorganization) in the United States Bankruptcy Court, Eastern District of Louisiana. The firm was deadly serious when it revealed that it had assets of between $100,000 ... (Read More)
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(Fragment)Kentucky Group Shop Owner Closes Rather Than Name Exhibitors
by David HewettOn February 13, Ray Gough closed his group shop, Charlie's Antique Mall. It was the biggest group shop in Hazel, Kentucky, with 100 booths and over 25,000 square feet of display area. He hired two men to cover the storefront with black-painted plywood.He didn't do it because business ... (Read More)
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(Auction)Rookwood Holiday Sale 2010
Rookwood Vellum glaze scenic plaque by E.T. Hurley, showing a lake with mountains and trees, 1942, 111/2" x 81/2" plus frame, no crazing, a few unobtrusive burst glaze bubbles, factory chip to a rear edge, $12,075.The top lot of the sale was a Rookwood Black Iris glaze vase by Kitaro ... (Read More)
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(Feature)Museums in 2010
by Daniel GrantIf 2008 and 2009 were years filled with anxiety and cutbacks (of staff, salaries, hours, programming) within the museum field, then 2010 was a year in which institutions worried about some gaping holes in the tax code. The lack of an estate tax in 2010 and the repeal ... (Read More)
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(Feature)Court of Appeals Affirms Decision in Gauguin Painting Case
by Betty FloodIn a unanimous decision the New York State Court of Appeals sent the case of Mandarin Trading Ltd. v. Guy Wildenstein, et al. back to the Appellate Division, where it should be affirmed.The case was brought by Mandarin Trading Ltd. against New York City art dealer Guy Wildenstein ... (Read More)
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(Auction)Blackie and Bulfinch
A beat-up but very salvageable painting of the ship John Harvey sold for $5500.Another oil painting representing the John Harvey, this one on a small document box with one of Captain H.H. Lovell's letters home shellacked to the inside of the lid, sold for $539.The signed Bernard Langlais wooden sheep ... (Read More)
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(Feature)Bruce McKinney's American Experience
A phone bidder paid $158,000 (est. $40,000/60,000) for a first edition of The Discoveries of John Lederer, in three several Marches from Virginia, To the West of Carolina, published in London in 1672. The copy retained its fine map and rare license leaf. Lederer wrote his account of his travels ... (Read More)
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(Fragment)Museum Returns Costa Rican Antiques
by Betty FloodThe Brooklyn Museum in Brooklyn, New York, will give the National Museum of Costa Rica 983 ceramic vessels and figurines that had been donated by Minor Cooper Keith (1848-1929).Keith was born in Brooklyn and later became vice president of the United Fruit Company. He worked 30 years on ... (Read More)
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(Fragment)Freeman's Opens a Boston Office
Kelly Wright. Photo courtesy Freeman's.by Jeanne SchintoFreeman's, the Philadelphia-based auction house, has opened a Boston office and will celebrate its launch with an invitation-only event at the Museum of Fine Arts, Boston on April 21.The office at 20 School Street in Old City Hall is under the direction of Kelly ... (Read More)
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(Feature)Artwork: "An Uncorrelated Asset"
by Daniel GrantLibyan fighter jets strafed protesters in Tripoli, and the Dow Jones Industrial Average declined 173 points on a single day. Presumably, stock market investors worry that unrest in the North African nation will lead to a cutoff of Libyan oil, bringing about higher crude oil prices around the ... (Read More)
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