Showing posts with label art dealer. Show all posts
Showing posts with label art dealer. Show all posts

Tuesday, 7 February 2012

The Art World's Best Kept Secret

This weekend, fine art dealers throughout the globe were stunned by reports that the most significant art sale the world has ever seen had taken place in secret early in 2011, the details of which have just been released.

The painting in question is the much-sought-after Card Players (or Les Joueurs des Cartes) by the French post-impressionist painter, Paul Cézanne, which had previously been in the possession of the Greek shipping magnate, George Embiricos. And the buyer? Why, none other than the seriously minted Qatari royal family.

George Embiricos
The very fact that the transaction has been kept under wraps for so long is astonishing. Since his death early last year, there has been intense interest in Embiricos’ extensive art collection - hardly surprising considering the tycoon had jealously guarded his paintings for many years, repeatedly refusing requests to lend them to some of the world’s leading art galleries and museums (to the extent that much of his collection had not been seen by the public in decades). Given this level of attention, it was simply inconceivable to many that a deal of this magnitude could be completed without a hint leaking to the press.

But, if the level of secrecy which surrounded the transaction had surprised the art market cognoscenti, they were to be confounded further by the revelation that the painting had changed hands for a staggering $250 million (£160 million). This huge price tag makes Card Players the most expensive painting ever sold – easily overtaking the previous record (a Jackson Pollack which had been bought by a Mexican financier for $140 million or £90 million).

Rothko's White Centre
Indeed, this is not the first time Qatar’s ruling family have parted with extravagant sums for works of art – they have recently bought Rothko’s White Center (Yellow, Pink and Lavender on Rose) for $73 million and a pill cabinet by Damian Hirst for $20 million.

All this has led to accusations that the Qatari royal family’s immense purchasing power is over-inflating prices in the fine art market, which, thanks to a scarcity of great works in private hands, is already ridiculously expensive.

And while there is some veracity in such sentiments, it should be noted that, unlike the George Embiricoses of the world, the Qataris intend to put their acquisitions on display to the public in Doha. To my mind, that is infinitely more preferable to having a treasure such as Card Players languishing forlornly, unseen and unappreciated, in some dusty private collection far away from an admiring public.

Monday, 22 August 2011

Mon Dieu! La Joconde, elle est perdu!

Mona Lisa. La Gioconda. La Joconde. However you know her, Leonardo da Vinci’s portrait of a beguilingly mysterious lady is inarguably the world’s most famous painting. Instantly recognisable, the face of the Mona Lisa is identifiable to even the most uncultured philistine among us.

But why is this the case? Why is this particular painting more famous than, say, Virgin of the Rocks or Lady with an Ermine? Both are equally as accomplished, if not more so, as Mona Lisa. For that matter, why does Mona Lisa's renown eclipse works by other Old Masters, like those of Raphael, Caravaggio or Rubens?

Many would claim that the reason Mona Lisa has captured our imagination for generations is all down to that enigmatic, mesmerizing smile. Others would point to her inscrutability (Is she smiling or smirking? Is she happy or scornful?) as the reason behind our continuing fascination with her. Still more would cite the long-running theory that the painting is, in fact, a crafty self-portrait of the artist himself.

Most likely, all of these explanations are true, in part at least. But it may surprise many to learn that, up to a century ago, the most famous painting in the world existed in relative obscurity. While she still hung in the Louvre, the daily queues of tourists, eager to catch a glimpse of those legendary lips, simply did not exist. Yes, she was a highly valued example of da Vinci’s genius, but she did not inspire anything like the adoration she does today.

Vincenzo Peruggia
The fact is, Mona Lisa’s fame can be traced to a precise point in time, 21st August 1911, almost exactly one hundred years ago. On this day, a humble Italian painter and carpenter by the name of Vincenzo Peruggia staged one of the most audacious art thefts the world has ever seen, and in doing so, propelled Mona Lisa into a realm of notoriety, hitherto unknown for any artwork, no matter how extraordinary.

Peruggia, in the mistaken belief that Mona Lisa had been stolen by Napoleon, was determined to restore the masterpiece to his native Italy. (In fact, the painting had never been misappropriated - da Vinci had brought the painting with him to the court of the French king, Francis I, and it had remained in France ever since.)

Having previously worked in the Louvre, Peruggia was familiar with the layout of the gallery, and so was able to secrete himself in a hiding place close to where Mona Lisa hung. There he waited for hours, until the gallery had cleared of visitors. When he emerged, he was wearing a painter’s smock, similar to those worn by the gallery’s many restoration staff. Coolly lifting the precious painting from the wall, he then sauntered to a stairwell, where he discarded the frame and protective glass. Sticking the bulky treasure under his smock (Mona Lisa is painted on wood, not canvas), Peruggia calmly exited the building. He then took a bus back to his apartment, where he laid the painting in a specially constructed box, and stowed it under his bed, where it remained for the next two years.

Astonishingly, the theft went unnoticed for a full 24 hours. When the Louvre’s security guards saw the empty wall space which had previously been occupied by Mona Lisa, they assumed the painting had been taken to the photography department for safekeeping. Blithely unaware that any theft had taken place, the guards went about their business as normal. Only when a persistent visitor asked repeatedly about Mona Lisa’s whereabouts was the theft discovered…

Within hours, news of the robbery had spread all around the world, where it was greeted with widespread consternation. How could so precious a painting as Mona Lisa simply disappear from the Louvre, without a single person noticing the loss?

The ensuing controversy captured the public’s imagination unlike any other art theft in recent memory – to the extent that more people went to view the empty space where Mona Lisa once lived than had seen the actual painting the entire year previously. Ironically, despite the fact that Mona Lisa had hung in the Louvre for many years, it seemed the precious masterpiece only began to be appreciated in its absence.


So unknown was da Vinci’s painting prior to the theft that French police, in an attempt to familiarise the public with the image, printed 65,000 copies of Mona Lisa, which were subsequently distributed throughout Paris.

In the blink of an eye, an industry sprang up around the missing painting. Enterprising traders, keen to capitalise on the unprecedented interest, set about reproducing the police copies with fervour. Soon, she began appearing on everything from postcards to matchboxes to chocolate boxes. So intense was the demand for reproductions that, within days, even the de Medici Society in London sold out of its store of facsimile copies. Mona Lisa was suddenly the most celebrated artwork in the world.

However, two long years were to pass before Mona Lisa was returned to her adoring public. She eventually re-surfaced in a hotel in Florence in December 1913. Peruggia had travelled to Italy with a view to selling his ill-gotten gains to an art dealer. As he was leaving the Hotel Tripoli-Italia for a rendezvous with a potential buyer, an eagle-eyed concierge noticed he was carrying a rather bulky load. Fearful that Peruggia was making off with one of the hotel’s cheap reproduction paintings, he accosted the guest and accused him of theft. When a quick search of the unfortunate Peruggia revealed that painting he was carrying was, in fact, Mona Lisa, the gig was finally up - Peruggia was arrested soon afterwards. And so it was, rather comically, a lowly hotel concierge unwittingly nabbed the most daring art thief in history!

Peruggia at his trial
But the story doesn’t end here. Luckily for Peruggia, the Italian authorities refused to extradite him to France, insisting he should be tried in Italy instead. He was eventually sentenced to 27 months for his crime, which was commuted to 7 months on appeal. Upon his release, Peruggia entered the Italian army, where he served honourably during WW1. In 1921, he married an Italian girl and eventually settled in (where else?) France.

Mona Lisa was not returned to her adopted home straightaway. She went on display in the Uffizi Gallery in Florence, where she was seen by many thousands of people. She was made her triumphant return to the Louvre on 4th January, 1914, none the worse for her adventure.  If anything, her little sojourn proved only to be beneficial ... Mona Lisa emerged from her two years in darkness to become the most feted work of art in the world – and it doesn’t look like she will surrender her crown any time soon.  Now that's definitely something to smile about!

Thursday, 30 June 2011

A Case of Mistaken Identity?

In the glitzy world of Hollywood, the oft-used phrase, ‘there’s no such thing as bad publicity’, has become, in the words of Jane Austen, a truth universally acknowledged. Indeed, it is a slogan which has become the cornerstone upon which the career of many a vacuous starlet has been built.

But does the same apply to the more decorous world of art? To answer this question, we should look to respected London auction house, Sotheby’s, which has recently had some cause to ponder the relative merits of the statement, after becoming embroiled in an unholy row with dealer Philip Mould.

The trouble began last October, when Sotheby’s were commissioned to oversee an attic sale at Chatsworth House, the ancestral seat of the Duke of Devonshire.
Among the thousands of lots up for auction was a painting of an unknown woman by an anonymous 17th century Flemish artist. After consulting with a number of experts in the field, the painting, an 18in x 13in oil on canvas, was listed in the Sotheby’s catalogue as ‘from the circle of Rubens’, art-speak for ‘heavily influenced by Rubens’. Philip Mould, however, begged to differ. After snapping up the artwork for £10,000, Mould revealed that his firmly-held belief that it was in fact by the Flemish master, Anthony Van Dyck. Suddenly, the sedate world of art dealership became decidedly more animated ….

Mould, who has made quite a name for himself by spotting unattributed Van Dycks, has had the painting cleaned, and the varnish overlay removed. He is, he says, more than ever convinced that his new acquisition is a Van Dyck, a belief corroborated by at least one respected Van Dyck expert. With their hard-won reputation coming under fire, Sotheby’s were forced to take the unusual step of releasing a statement in defence of their attribution. The statement read:
"Six out of seven of the world's leading specialists in this field whom Sotheby's has consulted also categorically reject the attribution to Van Dyck (the only one supporting the Van Dyck attribution being the same specialist Philip Mould consulted)."

Before and after cleaning
Debate surrounding the attribution of artworks to particular artists has always been a notoriously contentious issue. With the development of new technologies to aid in the attribution process, the landscape is constantly changing, forcing experts to continually re-evaluate conventional thinking. However, despite the growing knowledge in the area, this particular ascription continues to be contested. Neither party has been able to back up their attribution definitively. It looks like this is one controversy that is set to rumble on for quite some time.

One thing is for sure, the publicity certainly hasn’t hurt Philip Mould or his gallery. His discovery is now valued at £85,000, and his exhibition, Finding Van Dyck, which showcases this and his other Van Dyck discoveries is proving very popular …

Finding Van Dyck is currently showing at Mould’s Dover Street gallery. Until July 13. http://www.philipmould.com