Painting "old masters" has withstood the crisis

[Евгений]

Collectors, who arrived in Maastricht on the world's largest art fair TEFAF, more willing to invest in the "old masters" than in the work of modernist and contemporary artists. According to the agency Bloomberg, the price of the modernists have fallen by about 20 per cent compared to 2008, while the "old masters" they more or less stable.
The two most notable transactions in the sector of "old masters" were male portrait by Rubens, sold for 6.46 million dollars (slightly below the original price), and genre painting "The old lady for a meal", Gabriel Metsu, who went to an American collector for 4.6 million dollars (Information The New York Times). On average, prices for "old masters" have remained roughly the same as in 2008, but demand for them has not fallen despite the crisis.

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Bernhaymer Conrad, owner of the Munich galleries Bernheimer Fine Old Masters, who had sold Rubens explains the stability of interest to the "old masters" like this: "Everyone understands that in the next year or two we will have inflation. People are looking for reliable ways to invest." The New York art dealer Richard Feigen Berhaymeru echoed: "The gap in prices between the" old masters and contemporary artists was not normal. Some of the "old masters" did not rise in price in the last 20 years. TEFAF come on people with big money, searching, wherever they invest. "

Among other interesting deals marked the sale paintings by Jean-Michel Basquiat (4.5 million), watercolor Wassily Kandinsky (approximately one million euros, ie 1.3 million), the landscape of Emil Nolde (just under 2 million euro, ie 2 6 million dollars).

Attendance Maastricht Fair, which will last until March 22, fell in comparison with 2008 by 5 percent. Many sellers say that customers make decisions about buying longer than in previous years.

1.Gabriel Metsu "old lady for a meal." Detail Reproduction