Ketterer Auctions, Munich 5th December

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Art of Quality in Munich

November and December are the months to look for bargains and serious paintings. Ketterer of Munich has a great collection of German art but a few pieces of other nations.

Our selective touch says the following:

Alexei Jwalenski

   

Edward Macke                           

Christies Paris, Contemporary Art

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Money Flows in Billions In Contemporary Art

London, New York, Paris, Hong Kong, Beijing and anywhere one looks for art, Contemporary Art reigns supreme. That is where today's collectors splash billions in the hope to make multi-billions in a few years time.

Christie's Paris are holding a very high level Contemporary art sale with important artists from France, China, Japan, USA, Canada etc.

We choose just two items to show the quality and depth of the market

Pierre Soulages Lot 11, estimated at 300-500,000

Sold for 457,000 euros

 

 

Jean Paul Riopelle, lot 15 estimated at 800-1,200,000

Sold for 865,000 euros

 Be back with some results of the sale and a short discussion of the results.

Stolen Art? Measures To Protect Your Art Treasures!

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Nazi Loot Will Be Returned To Legal Owners

The infamous Nazi collector/collaborator, Cornelius Gurlitt, call him whatever you like, has bequeathed important pieces of art to a museum in Germany/Switzerland ( Kunstmuseum of Bern). Now, that Cornelius Gurlitt is exposed as an art thief and Nazi looter, all those paintings are to be returned to the legal owners, as long as they can prove ownership of the items.

That is why we write this article for all our readers to take seriously and act on the lessons learned:

1. Take photographs of all your property and keep them in a safe place.

2. Make a complete description of all the items for inheritors etc. If possible have a valuation.

3. The police and Interpol do help in case of art theft. More on this later.

Suffice to say that I was a victim of stolen art, I am still looking for it. Also I bought, innocently at auction, a stolen painting which I had to return to the legal owners. Read more on Rags or Riches, my book available here or any ebook seller.

Peter Constant

 

Russian Art Led by Kustodiev, Serebriakova and Repin in London Sales

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Russian Art No Such Plain sailing Now 

Not the same as it was a few years back but how can one complain? Those prices were impossible to be maintained and advance on. Russian sale brought in five million pounds but many good paintings remained unsold including a couple of Aivazovskys.

Leading the sale was Kustodiev with a 1.25 million pounds sale

Serebriakova with her Nude art is as desirable as ever.

Repin's Self-portrait sold very well at 446,000.

More on Russian sales once Bonhams have had their sale tomorrow.

Peter Constant

Bonhams London Greek Sale Results

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Attending An Auction is Always an Event

Have you been to an auction of any sort? Have you been and bid in an auction?

The arena is intoxicating, the bidding goes crazy at times. Perhaps if you read my book, Rags or Riches you will get a taste of it, but nothing like being there in person. Thus today, I am off to Bonhams to watch the sale of Greek Art and perhaps tomorrow the Russian Sale at Sothebys.

 Yiannis Tsarouhis! Will It sell? How Much?

 Unfortunately The Tsarouhis did not sell. It was a case of too many pieces of Tsarouhis and high estimates and reserves.

Results in brief:

There were 104 lots on offer out of which 61 lots sold, which represents about 58%. Not bad in our view.The sale totalled about £1,750,000 inclusive commissions of 25%.

The artists who showed strong support from investors was Moralis. All his painting sold well including the major one albeit at the reserve. Others that showed better than expected were Galanis, Prekas and Takis, whose Moving Lights were well received.