Monthly Newsletter Jun 2009
Chippendale period mahogany serpentine dressing commode - c1760
William III mulberry wood cabinet on chest attributed to John Coxed - c1700
George I figured walnut compact caddy top bachelor chest - c1720
George III Cuban mahogany candle stand in the manner of Thomas Chippendale - c1765
William Thornley – Hay barges at the mouth of the Medway - c1881
Regency rosewood music Canterbury - c1815
Regency figured mahogany serving table by Gillows of Lancaster - c1825
Martin Theodore Ward - Flushing them out" - c1840
Sheraton period satinwood ladies chamber writing bureau - c1790
George III mahogany compact bachelor chest with slide - c1780
Regency flame mahogany centre table - c1830
Regency rosewood and brass inlaid sofa table - c1810
Going Green!
With all the current "who ha" about re-cycling and controlling our waste and the inevitable disappearance of landfill sites, I see that one of our colleagues in the trade is starting an "Antiques are Green" campaign. We say good on him!

I suppose it has to be said that fine period pieces of between 200 and 350 years are the ultimate recycled item - why waste more of the worlds resources flattening more rain forests, buying brand new rather overpriced furniture with trendy yet quickly dated styling when you can have a lovely period piece, that someone has actually spent time, effort, with consummate skill and craftsmanship in creating, that is now 300 years old and looks absolutely fabulous.

Will that new piece of trendy designer furniture be around in 300 years, I think not. Our dealer colleague has been quoted as saying "The customer is now feeling more comfortable about the purchase in the knowledge that 'antiques are green'. They can justify their purchase and they now have that feel-good factor on top.
Antiques are the ultimate in green
re-cycling.

Animals, Genre, Sporting, Marine and Landscapes...
Martin Theodore Ward's - Flushing Then Out - in the 19th century and Sporting section
We have just added some more categories to our paintings section to help you find the type of picture you want. Underneath the "Paintings" menu heading you can now select from the following sub-menus: Animals, Genre, Landscapes, Marine & Nautical and Sporting.

As each picture may appear in more than one category, you can still view a gallery full of 19th century paintings or if you are looking for a field sports subject then click on "Sporting" which will help narrow down the selection. Remember, if you know the artist, then just use the search box at the top right of every page to search for that artists name. Easy? I hope so!

Try out our new "Paintings" menu!!

Contemporary art market faces heavy re-valuation.
Pablo Picasso - La Fille de l'artisite a deux ans et demi avec un bateau - A casuality in a recent New York sale.
The once booming contemporary art market is certainly feeling a change from the early days of the heady "noughties", for example in New York contemporary sales recently the once extremely bullish estimates have been replaced by realistic ones enabled the New York flagship sales of post-War and contemporary art to set solid selling rates. But, for both major houses, the financial gulf between this year and 2008 even was enormous.

Sotheby's sale for instance on the 5th May was the smallest New York contemporary auction since May 2003. With a very thin catalogue, the sale total only achieved $40.1m down over 85% on the 2008 sale. One of the casualties of this sale with a heady estimate of $16-24m was Pablo Picasso's - "La Fille de l'artisite a deux ans et demi avec un bateau" a study of his then 2½ year old daughter.

Christies held a sale the following day of 54 contemporary works, the pre-sale estimate was $71-104m, vastly reduced in terms of volume and price over 2008, the sale eventually achieved $80.9m against last years total of $294m. These still may seem like telephone numbers but percentage wise they are considerably diminished on the previous years results, an indication of what is to come? Well read on.
So where does this leave the art market? The traditional art market has historically been less susceptible to the wild hormonal and financial swings of the modern market. This is probably because buyers are more mature, not necessarily in age but in taste, and are also buying out of desire rather than supposed investment potential. It has so far suffered little from the economic downturn however we will monitor interest at Olympia and the big London sales and keep you posted.

A report last year in the Sunday times business section just before the "credit crunch" started to bite did conclude that due to the volatility of the contemporary art market, where generally the buyers are in there for gain rather than pleasure, the author would stick his money in traditional art all day long - not as trendy but then not as dangerous either.  Safe but sure? I would certainly think so. We can help you out with traditional art, visit www.millingtonadams.com to see more!
Paintings like William Weekes' early 20th century study of geese chasing an old soldier, entitled "Suspicion" is both humorous and decorative.


Olympia International Fine Art & Antiques Fair - 4th to 15th June 2009
Probably one of the largest and with most eclectic mix of fine furniture, antiques and art is the Summer International Fine art and Antique Fair, held every year at the Olympia Exhibition centre in Kensington, London. With a mix of modern and traditional, international and home grown it is certainly a venue and an event not to be missed.

This year it is open from the 5th to the 14th June with a collectors preview on the 4th June. Millington Adams are located on stand G68 on the ground floor and would be delighted to welcome you to our stand, should you wish to visit the fair. In case you do and have not already received a ticket from us by post or by e-mail, you can click on the adjacent invitaiton to print out a ticket for 2 people valid on preview day and for the rest of the fair. We look forwrd to seeing you at Olympia!
Click on this invite to print off a complimentary invitation for 2 people.

Recent Acquisitions
Along the left hand side of this newsletter are shown our most recent acquisitions, these have been added to our web site www.millingtonadams.com since our last newsletter in April. We have had some spectacular pieces which we have recently acquired from a collection in the midlands, some are shown here and we hope to have most of these at the Olympia Fair. Click on any picture or the text below it to go to our site and view the piece in more detail, with full descriptions, pricing and zoom-able pictures. We will be adding more pieces as they become available over the winter, keep an eye on the site for more information.

The M.D's Blog
Marcus Adams, our M.D. has now has a blog with an offbeat look at the antiques trade and other things happening in the world. You can comment with your own views on any article by clicking on the comment "balloon" to the top right of each article. I hope you find it interesting and comments would be most welcome. You can find Marcus's blog at www.marcusadams.eu.
This newsletter is produced by Millington Adams Ltd, if you would like to unsubscribe please click the link below, if you require any further information on any of our current stock then please e-mail sales@millingtonadams.com and we will answer any questions you may have. Visit our web site via any of the links included in this newsletter or all of our most recent acquisitions can be viewed by clicking here.

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