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ndagando in real auctions information there are deduced the keys that demonstrate the real situation. As for the volume of complete works, the sale has diminished concerning 15-20 %. For segments, most harmed there have been the decorative arts with a descent concerning 25-30 %.


Other articles of
Teresa Navajas
in Art and Market

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    TIES



  • Christie’s Madrid was finishing off the big auction of the year with a loss of the market share of 60 %

    THE HOUSES OF AUCTIONS DO THE DUTIES THINKING ABOUT A DIFFICULT PERIOD

  • for Teresa Navajas
    - Expert on market of the art -

    mpieza a new course on the market of auctions of art in Spain aggravated by certain instability. It seems that the conventional model of commerce, directed under a conservative prism and of scarce artistic renewal has declared himself insufficient. On the contrary, other auctions houses have developed a strategy of deep changes towards the modernization, including in catalog works that attract a young collector and looking at the foreigner in search of an international client.

  • In a statistical analysis, investigating in real auctions information there are deduced the keys that demonstrate the real situation. As for the volume of complete works, the sale has diminished concerning 15-20 %. For segments, most harmed there have been the decorative arts with a descent concerning 25-30 %. This fact seems not to surprise to tenor of the deep crisis that it crosses the sector of the construction: the descent in the sale of apartments has dragged with it to the classic furniture. As regards the painting, a fashionable change is observed in some painters much quoted only a decade ago. This pendulum motion is warned equally on the international market of auctions where, of incomprehensible form, certain contemporary painters have lost part of his quotation. According to the experts, out of our borders it has been decided in favor of a shock strategy: to change the auctions model from reducing the number of lots, encouraging the conservative estimations and increasing the quality of the works. The ancient painting –ciertamente undervalued in the last years - of paradoxical form is supporting the quotations regulation. The professionals of the sector impute it which the prices were supported very stable and normalized before he was planning the crisis on the market of the art.

    CAUSE AND EFFECT

    An indicator of measurement that detects the health of the market of the art the records are in auction. Although, the past course considered lacking in high –causa estimations and effect that encouraged the debate on the reality of the sector - interesting auctions were not missing. This way the period began: Christie’s Madrid was finishing off the big auction of the year with a loss of the market share of 60 %. Another reality was writing it That You Auction Alcala obtaining records of Spanish artists; between them we emphasize the note of Parisian epoch of titled Hermenegildo Anglada-Camarasa (1871-1959) "Friends" finished off in 130.416 € or the work "I dreamed that you were revealing IV", of Juan Uslé (1954), who was setting off with an initial estimation of 90.000 € and it reached an auction of 106.704 €. To half of course SEGRE, specialist in Spanish contemporary art, was selling a titled work of José Guerrero "and dated in 1969 in 69.600 €.

    The end of the period left a certain sweet and sour flavor for certain auctions houses. While some of the last sales were looking like a liquidation of the store without too many renewal intentions, other houses were uniting efforts to offer to the client very interesting pieces. It is the case of Segre, Alcala, Retirement, Goya or Ansorena where we could see pieces as "The Beauties with Mantillas", of the Canary simbolista Néstor (1887-1938), dear between 30.000 – 40.000 € for Goya during the auction of July 8 and acquired by the gallery owner Fernando Doreste. For his part, in the Ansorena auction of June 23 he emphasized the figure of "Personage" of the person from Madrid Eduardo Arroyo (1937) sold in 17.000 €. In the same auction the work of Michel Ange Houasse (1680-1730) one bid, "Portraits of Felipe V and Elizabeth de Farnesio" at the price of 48.000 €.

    NEW COURSE

    Changing topic; in next days we will help to the beginning of a new course of auctions. In appearance the houses of auctions, foreign to the rumors of destabilization, are preparing a risky period, with very important pieces. Since it shows, to emphasize the inaugural SEGRE auction from next September 22, where they presented a bronze signed by Fernando Botero (1932) dated in 1995 by title "Woman in chair" with an exit of 180.000 € or the work "Market" of Manuel Hernández Mompó (1927-1993) of 1962 with an initial value of 85.000 €, this piece is similar to the one that the Museum Queen Sophia possesses, "Kiosk of Newspapers".

    For his part, ANSORENA in the inaugural auction will look for buyer for a Calvary in copper, piece exquisitiva of the Dutch Jan Brueghel, the Young man (1601-1678) with an estimation of 80.000 €. Fernando Durán opens period with a big auction foreseen for September 30. Special attention there need two natures dead of Juan van der Hammer and León (1596-1631) and workshop, Inn with basket of fruits and sweets, wooden boxes, barrel and pots of conserves, an oil on linen with an initial value of 250.000 €. Another outstanding work is the linen of Francisco Barrera (1595-1658), oil on linen with an exit of 50.000 €. In decorative arts there stands out the couple of consoles of epoch Luis XVI in wood lacada and golden, realized in the Neapolitan Real Workshops for Gennaro dei Fiore and Antonio Pittarelli with an estimation of 100.000 €. Alcala You Auction he proposes for the sale an important piece of titled Antonio Cabral Bejarano (1798-1861) "Portrait of the Marquess of Beautiful Arch and his family" signed in 1838 with an exit of 360.000 € and the beautiful piece of Joaquín Sorolla y Bastida (1863-1929), "Garden of the House Sorolla", a linen of 50 x 70 cm valued for 100.000 € of exit.

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