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World Marketplace News


            NYT SERVICE – Caretakers around the city of New York through a city   TUNIS (AFP)  –  The head of Tunisia’s
            program called the Historic House Trust (a partnership of the Department   National Heritage Institute urged authorities
            of Parks and Recreation and several nonprofit groups) may have  the   Tuesday to block the sale of royal artefacts at
            strangest work-from-home assignments in the city since the        an auction in France, saying they were spirit-
            Coronavirus lock-                                                 ed out of the country. More than 100 objects
            down    began    in                                               “of huge historical value were taken out of the
            March.  There are                                                 country without any official authorization in
            just 22 resident care-                                            the second half of March, in the midst of the
            takers (and, in some                                              (coronavirus) lockdown,” Faouzi Mahfoudh
            instances,    their                                               said. “They don't belong to any state museum.
            families) living free                                             It’s private property,” the head of the National
            of charge to protect                                              Heritage Institute told AFP. Among the 114
            and maintain some                                                 objects are ceremonial apparel from the start
            of the city’s oldest                                              of the 20th century, religious manuscripts, poetry books and official
            and most cherished                                                correspondence, and an ancient Koran from the early 1700s. The
            properties  (like the                                             National Heritage Institute is also planning on submitting an official com-
            King Manor Museum                                                 plaint to the state prosecutor, he said.
            in Queens, right), all
            of which are now closed to the public because of the coronavirus. Scattered
            across the five boroughs—some deep in the wilderness, others hidden in                      ARTFIX DAILY – TEFAF, The European
            plain sight—they are adjusting to life without busloads of school children,                 Fine Art Fair, closed early this March due
            or exuberant tour guides, or much social interaction at all. With museums                   to the pandemic. A Dutch 16th-century
            not expected to reopen until the fourth and final phase of the City’s                       painting by Bartholomeus Spranger titled
            plan, the caretakers are settling in for what could be months in limbo.                     Body of Christ Supported by Angels was
                                                                                                        sold early on at the Fair by Dutch dealer
                                                                                                        and collector Bob Haboldt, but when the
                                                    DALLAS      MORNING                                 pandemic took hold of Europe, the sale
                                                    NEWS       –    Dallas’                             was canceled.  Haboldt then decided to
                                                    Heritage Auctions is                                donate the painting “in memory of the
                                                    more than doubling its                              victims of COVID-19, not only those who
                                                    headquarters with a                                 died but also those who suffered,” he told
                                                    move to a business cam-                             AP, and to inspire others in the arts.  He
                                                    pus near the DFW                                    chose the Rijksmuseum for its large audi-
                                                    International Airport.    ence. General Director Taco Dibbits, who had viewed and admired the
                                                    The more than 40-year-    painting during TEFAF, told the AP the museum had been losing about
                                                    old auction house has     one million euros per day during its shutdown. Dibbits said: “That in
                                                    moved 450 employees       a time where there’s so much uncertainty, also for the art market and
                                                    from its current location   the dealers — that a dealer decides to donate a work when he doesn’t
                                                    in Dallas’ Oak Lawn    know where his future is going, I think that’s something very special.”
                                                    district and elsewhere to a
            new building on Airport Freeway at the south end of DFW Airport. The
            160,000-square-foot office and industrial campus will combine     PARIS  –  Love letters between the ill-fated French queen Marie-
            Heritage Auction operations now housed in three locations. The new   Antoinette and her lover, which contain key passeges rendered illegible
            campus will be almost the size of three football fields. There will be an   by censor marks, have been deciphered using new techniques, according
            8,000-square-foot gallery space for exhibitions and events.       to the the French
                                                                              National Archives. At
                                                                              the time, the queen and
            NEW YORK, NY  –                                                   King Louis XVI were
            Currently, museums are                                            living under surveillance
            not receiving revenue from                                        in the Parisian Tuileries
            admissions or retail sales.                                       palace and had just
            New York’s Metropolitan                                           failed to escape their
            Museum of Art alone is                                            house arrest.  Much of
            projecting a budget short-                                        the lovers’ correspon-
            fall of at least $150 million                                     dence had already been
            this year. Institutions of                                        brought to light, but
            learning across the U.S. are                                      redacted lines remained illegible. Until now. “The principal conclusion
            facing  reduced  tuition                                          of the REX project is less about sensational revelations on the relation-
            income. These institutions hold works of art and other collections that, if   ship between Marie-Antoinette and Fersen, and more about the
            diaccessioned, could make up for part of that shortfall. In a significant    expression of feelings of hope, worry, confidence and terror, in a par-
            policy shift, the Association of Art Museum Directors (AAMD) recently   ticular context of forced separation and imprisonment,” said the
            approved a series of resolutions that include lifting restrictions on    statement from the Archives.
            deaccessioning. Even contemplating those options, however, comes with
            challenges.  Many institutions have never conducted proper collections
            assessments because of the time, cost, and expertise involved. To assist   SOMERSETLIVE, UK  – A team of British money experts from
            organizations to quickly respond to this opportunity, ARTBnk is providing   NetVoucherCodes.co.uk  have researched and revealed seven of the easiest
            free accounts  to qualifying not-for-profit institutions impacted by the    items to start collecting, that are most likely to increase in value as years go
            economic effects of COVID-19.  ARTBnk uses Artificial Intelligence,   by. 1. Vintage handbags; 2. Childhood toys (Vintage); 3. Contemporary
            image recognition, and repeat sales regression analysis to allow them to   art; 4. Books and comic books (First Editions and First Superhero
            quickly assess the value of their collections and make informed decisions.   appearances only); 5. Stamps (mint condition only).


            6                 Journal of Antiques and Collectibles
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