Painting Tiepolo estimate exceeded three times!

[Евгений]

Interesting review on the site ARTinvestment.RU
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Yesterday in London, the auction Christie's, which were the works of old masters. The results of tenders can be called good. The main sensation was the sale of paintings "Flora" Hand XVIII century Italian artist Giovanni Battista Tiepolo (Giovanni Battista Tiepolo). Organizers had hoped to gain a picture of 700-900 thousand pounds, but she brought the entire 2.8 million (4.2 million dollars, with the Buyer's premium), exceeding the upper estimate of three times!

http://artinvestment.ru/news/auctnew...3_tiepolo.html

[Евгений]

"I was surprised how well everything went, - said New York dealer Anthony Crichton-Stuart (Anthony Chrichton-Stuart). - It was expected that the market will fall by old masters as well as markets modernism and contemporary art. But this did not happen. " And all because the last years of the old masters are not so much risen.

What is such a resounding success "Flora" Tiepolo? The fact that the market of the old masters buyers are all struggling for work, never before appearing at the auctions. These now find quite difficult: most of the works of old masters, present in the market, sold and resold at many times. A "Flora" for many years had lain unnoticed in the attic of a French chateau, whose owner, until recently, did not suspect its existence. Cloth was hidden by his grandmother, who considered the image naked beauties too immodest. The picture, written, probably by order of Empress Elizabeth of Russia, formerly nowhere and never exhibited. crisis, not a crisis - such work can find a buyer always.
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[eva777]

Most recently read an article by the expert from Sotheby's or Christie's, and he said that it was the market of paintings by old masters and just stand.

[Admin]

In any case, the price of the old masters have not yet slowed, reflecting the index of old masters. It also shows the yield and a crazy old masters for the last 1,5 years. And should we take into account that this average figure for the whole market of the old masters. Profitability of individual artists can be much higher.

[Vladimir]

Сообщение от Admin

He's mad and shows the yield of the old masters for the last 1,5 years.

But what about the liquidity in the segment of the old masters? On the surface it seems that the circle of collectors in this market is quite narrow and it is aging along with the old masters. Please note that the market about the old masters did not receive doldzhnogo consecration in the press, with little skanadalov, little discoveries, little information events. On the sensations this market "was" until the contemporary art is booming, and now is a natural correction, the market catches up. Maybe this is the explanation of what is going on? Least partly. But the fact that this market is less speculative and not "swollen from the money" gives him an advantage in a crisis.

[Admin]

Сообщение от Vladimir

But what about the liquidity in the segment of the old masters?

With liquidity in the market of art in general things are not important. However, everything depends on the price. Set any of the old masters cheaper (but not too cheap, so that suspicion did not arise) - fly away for a sweet soul.

[Евгений]

Сообщение от Vladimir

little discoveries, little information causes

You are not the right to open the mass, and a lot of interesting events proishodit.Na forum posts are at least 10-15 on this topic.

Сообщение от Admin

Set any of the old masters cheaper (but not too cheap, so that suspicion did not arise) - fly away for a sweet soul.

Sasha though you are not art dealer, but the right to 100%.

[Кирилл Сызранский]

Today is the birthday of Giovanni Battista Tiepolo /Giovanni Battista Tiepolo (March 5, 1696 - March 27, 1770).



London, Christie's, Friday 28th November 2008., Found in the attic in 200 years "Portrait of a Lady in Flora" is going to be traded.