Arte e Cultura
Artprice by Art Market: Will the Paris FIAC Be Able to Live Up to the Success of Frieze London?
thierry Ehrmann, founder/CEO of ArtMarket.com and its Artprice department: "
[https://imgpublic.artprice.com/img/wp/sites/11/2019/10/fiac-paris.png]
Parisian museums clearly prefer the great Old Masters and the Modern avant-garde. Just look at the shows currently available: El Greco and Toulouse-Lautrec at the Grand Palais; Francis Bacon at the Pompidou Center; Hans Hartung at the Museum of Modern Art... and of course, the blockbuster " Leonardo da Vinci " show at the Louvre, as of 24 October.
Meanwhile, in London during the Frieze week, the Tate Modern hosted a massive fountain by the African-American artist Kara Walker in its huge entrance hall… a work that openly criticises British colonialism, funded by the Hyundai Commission. Apart from Paul Gauguin at the National Gallery, the museum programme in the British capital is dominated by Contemporary Art, with Olafur Eliasson at the Tate Modern and Antony Gormley at the Royal Academy.
London embraces Contemporary creation and plays the Art Market game without complex, especially vis-à-vis corporate patronage. Paris , in contrast, seems timid, often choosing to turn towards its glorious past when it attracted the likes of Leonardo da Vinci , Pablo Picasso , Zao Wou-Ki , etc. In short, France seems to distrust Contemporary Art: this past year, we have had another good example of this with several of the country's prominent intellectuals expressing their distaste at the arrival of Jeff Koons' (according to Yves Michaux in l'Obs, 5 October 2019 ).
The difference between Paris and London is also reflected in the two capitals' auction rooms. During the Frieze, Christie's and Sotheby's each hosted three sales of Contemporary & Post-War Art in London whereas in Paris , during the FIAC, the two major Anglo-Saxon auction houses will be hosting sessions of Impressionist & Modern Art.
Jean-Michel Basquiat – (1984) – $12.2 million , Sotheby's
Banksy – (2009) – $12.2 million , Sotheby's
Jean-Michel Basquiat – (1982) – $10.6 million , Christie's
Gerhard Richter – (1984) – $8.6 million , Christie's
Sigmar Polke – (1967) – $7 million , Christie's
Nicolas de Stael – (1952) – [ $20 – 27 million] – 17 Oct. Christie's
Pablo Picasso – (1967) – [ $3.5 – 5.5 million] – 17 Oct. Christie's
Marc Chargall – (1966) [ $3.3 – 5.5 million] – 16 Oct. Sotheby's
Pierre Soulages – 263 x 181cm, 29 Dec. 2007 – [ $1.6 – 2.7 million] – 17 Oct. Christie's
Francis Picabia – (c.1929) – [ $1.6 – 2.2 million] – 16 Oct. Sotheby's
France remains an extraordinary "attic" for old masterpieces, as we have seen with the recent discovery in Dijon of a by Cimabue (late 13th century). This exceptionally rare small painting will be offered for sale on 27 October 2019 by the Acteon Auction House in Senlis (near Paris ) with an estimated value of $4.4 – 6.6 million.
However, even in that department, London has no reason to envy Paris . At the Frieze Masters, Trinity Fine Arts was offering a portrait of Michele Marullo Tarchaniota attributed to none other than Botticelli... for $30 million .
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