Island Life Magazine Ltd April/May 2012 | Page 92

ANTIQUES Antiques and Collectables with Philip Hoare F.T.V.I Antiques Renaissance I am pleased to report that the market for had become in certain areas (particularly General Antiques and particularly furniture good European Ceramics and Victorian of the brown English variety has started to Paintings) the most significant buyers in increase again. Sale results at the London the field. Sadly, the Kobe disaster of 1995 Auction Houses, and at the retail end ground their economy to a halt. in Pimlico and Chelsea have improved enormously. I act in the sale of Art and Antiques on a commission basis and my clients are in This increase has been boosted by London and overseas. It has been much foreign buyers who do not seem to be easier of late to broker transactions as affected by the gloomy financial forecasts the 'feel good factor' in the antique world of armageddon in the financial markets. As seems to be returning. I predicted the Chinese are now big players in the antiques market. However, secondary and more pedestrian items remain difficult. I have recently sold They came with their huge spending several hundred ounces of silver flatware power to buy back their heritage but have and hollow-ware on behalf of a deceased become aware of the variety and quality estate. It did not go into the melting pot as of Eur opean antiques which of course are usual and I was able to find an overseas alien to their own culture and which they buyer who chose to retain everything in tact find quite fascinating and curious. as a long term investment. This pleases me The monied classes there are now greatly as the huge demand from China for building European style houses and silver as a commodity has seen millions of furnishing in the European taste with all ounces of worked silver consigned to the the trappings of exotic finery. This is exactly melting pot with no regard for the quality of what happened with the Japanese in the workmanship. 1960s. By the end of that decade they ANTIQUES Find out what they're really worth VALUATIONS • COMMISSION SALES • RESEARCH 92 www.visitislandlife.com PHILIP HOARE 71 Union Street, Ryde, IW. PO33 2LN TEL: 01983 612872 MOBILE: 07773 877242 EMAIL: [email protected] www.philiphoare.com