The auc­tion: a sure in­vest­ment

Avion Luxury International Airport Magazine - - ART - At Bon­hams in Lon­don, in Amedeo Modigliani’s "Girl with black hair" (oil on can­vas, 65 x 49.4 cm 1918-1919; es­ti­mated at £700,0001,000,000, sold for £825,250), the sim­plic­ity of a short haired woman’s face with sup­ple and ex­pres­sive fea­tures, as if she we

Let’s start with Mar­i­lyn Mon­roe, a time­less icon of course. It may be be­cause we are sur­rounded by a so­ci­ety of show busi­ness that en­gulfs ev­ery­thing, but re­fer­ring to her as an icon thanks to the trans­fig­u­ra­tion of Andy Warhol is a real must when it is the im­ages that cre­ate a le­gend and vice-versa. The 1967 colour screen print that auc­tioned re­cently at the Dorotheum, es­ti­mated at €25,000 - 35,000 and sold for €116,200, high­lights just how im­por­tant auc­tions are for con­tem­po­rary art. The Dorotheum, thanks to a glo­ri­ous his­tory be­gin­ning in 1707, which is mag­ni­fied by spe­cial­ist ex­per­tise and mar­ket knowl­edge, em­bod­ies and en­livens tra­di­tion, as well as of­fer­ing a va­ri­ety of spe­cial­ist pro­posal and con­stant cus­tomer sup­port, thus en­sur­ing its rep­u­ta­tion as the great­est auc­tion house in cen­tral Europe and Ger­man-speak­ing re­gions. Other pro­pos­als were con­firmed in Mar­i­lyn’s wake, and the Ger­man auc­tion house ended the spring week with the high­est re­turn ever yielded: 5.6 mil­lion Eu­ros. This in­cluded the sale of the con­torted body forms and cut­ting line-work that char­ac­terise Egon Schiele’s "Seated fe­male nude, seen from above" in gouache, wa­ter­colour and pen­cil on pa­per from 1912, sold for €398,300, or Gus­tav Klimt’s "An­nerl", bust of a small girl look­ing to her right from 1885 with its ac­cen­tu­ated line work in black chalk and pen­cil with white ac­cents on pa­per (€97,897); Gior­gio de Chirico’s " Venezia, Isola di San Gior­gio", circa 1960, where the ar­chi­tec­tural back­ground ar­tic­u­lates the space, con­trary to metaphysical de­vel­op­ments, which sold for €122,300; and " Ac­tion Paint­ing", 1984, oil on jute, by Her­mann Nitsch (1938), an en­er­getic dis­per­sion of colour, which was se­cured for €97,900. At Bon­hams in Lon­don, in Amedeo Modigliani’s "Girl with Black Hair "( oil on can­vas, 65 x 49.4 cm 1918 - 1919; es­ti­mated at £700,000 - 1,000,000, sold for £825,250), the sim­plic­ity of a short haired woman’s face with sup­ple and ex­pres­sive fea­tures, as if she were a sculp­ture, are ren­dered with mod­ernist stip­pled brush­strokes. Pablo Pi­casso’s "Notre Dame de Paris", marked ’25.10.54’ (bot­tom right), oil on can­vas, was es­ti­mated at £700,000 - £1,000,000 and sold for £864,450. A fore­run­ner in the cu­bist move­ment in rein­ter­pret­ing the per­spec­tive of land­scapes, where the sky and the moun­tains merge, he “pho­to­graphs” other as­pects of re­al­ism. In­stead "Fute­bol" (circa 1958) sold for £145,250, by the Can­dido Porti­nari, a Brazil­ian painter orig­i­nat­ing from Vi­cenza, por­trays his as­pi­ra­tion to cap­ture the bit­ter-sweet sparks of the Brazil­ian peo­ple. The pro­pos­als of the Porro & C. auc­tion house are also at­trac­tive, start­ing with the late Leonardo Cre­monini, a Bolog­nese painter of in­ter­nal light and Mediter­ranean ra­di­ance in the spec­trum of emo­tions that tie us to re­al­ity: " La Mosca Cieca", 1963/64, by Leonardo Cre­monini, oil on can­vas, dis­played in Venice, at the XXXII Bian­nual In­ter­na­tional Art Ex­hi­bi­tion of ’64, was sold for €96,720. If "Strada Il­lu­mi­nata (Vi­enna)", 1911, pas­tels on card, sold for €64,480, by Ubaldo Oppi, with its sketched style, de­picts a scene of to­geth­er­ness with im­agery in the gal­lant style of fres­cos of the XV and XVI cen­turies, "La Fal­ci­atrice", oil on can­vas, 1954, by Giuseppe San­tomaso (sold for €89,280) se­duces with ab­stract fe­roc­ity an ex­as­per­ated chro­matic com­po­si­tion. Fi­nally, Emilio Ve­dova’s work in egg tem­pera on can­vas, 144cm x 190cm, "Dal Diario del Brasile (Spazio In­qui­eto n. 1)", 1954, al­ready fol­lows ex­is­ten­tial and po­lit­i­cal themes, giv­ing a new dy­namic to his art. Sold for €307,000 at Porro. Favour­ing the ten­dency, recog­nised by Farset­tiArte, of col­lec­tors con­cen­trat­ing their at­ten­tion on Ital­ian artists within in­ter­na­tional sales at the ex­pense of other equally de­serv­ing, but rel­a­tively un­known artists, the sale of "Natura

A Lon­dra da Bon­hams, Amedeo Modigliani con "Ragazza con i capelli neri" (olio su tela, 65 x 49,4 cm 1918-1919; sti­mato in £ 700-1,000,000, ven­duto per £ 825,250), in­suf­fla di pen­nel­late punti­nate mod­erniste la sem­plic­ità del viso di una donna dai capelli corti con tratti espres­sivi e plas­tici come se fosse una scul­tura.

Morta" for €736,150, 1955, oil on can­vas, 30.5cm x 40cm, by Gior­gio Mo­randi, dur­ing the Farset­tiarte auc­tion of Mod­ern and Con­tem­po­rary art in May, is rep­re­sen­ta­tive of a cer­tain ten­dency. The mas­ter’s metic­u­lous re­search in the (re)cre­ation of bot­tles and sim­ple ev­ery­day ob­jects, com­bines ex­pres­sive­ness and depth of in­ves­ti­ga­tion that peeks out over the ele­ments in the fore­ground, placed side by side, ren­dered in a dusty and uni­fy­ing colour, from which the salmon coloured box emerges, il­lu­mi­nated by nat­u­ral light. A rep­re­sen­ta­tion, by ex­ten­sion, of the metaphor­i­cal de­sire to “close ranks” in the pres­ence of an in­ter­na­tional eco­nomic cri­sis which wa­vers con­vic­tions on the sta­bil­ity of “goods” that were once con­sid­ered safe. In mo­ments of ex­treme un­cer­tainty, con­sid­er­ing that the mar­ket is still solid and the pur­chase of care­fully se­lected and valu­able works of art is still worth­while, fo­cus­ing on them as safe as­sets is a life raft in the sea of artists who are still able to of­fer beauty and guar­an­tees in terms of hold­ing their value as an in­vest­ment for the fu­ture. Arrivederci, un­til the next auc­tion.

On the op­po­site page. Emilio Ve­dova’s work, "Dal Diario del Brasile (Spazio In­qui­eto n. 1)", 1954. Sold at Porro & C. Above, left. "Natura Morta", 1955, by Gior­gio Mo­randi, sold at Farset­tiarte auc­tion. Above, right. "La mosca cieca", 1963/64 , by Leonard

A lato. Emilio Ve­dova, "Dal diario del Brasile (Spazio in­qui­eto n. 1)", 1954. Ven­duto da Porro & C. In alto a sin­is­tra. "Natura morta", 1955, di Gior­gio Mo­randi, ven­duto da Farset­tiarte. In alto a des­tra. "La mosca cieca", 1963/64, di Leonardo Cre­monini. Ven­duto da Porro & C. Opere d'arte di es­trema bellezza, re­al­iz­zate da artisti celebri di fama mon­di­ale.

Newspapers in English

Newspapers from Italy

© PressReader. All rights reserved.