Art Market Magazine


2014 ended on a high note, proving the art market's impeccable health yet again, while elsewhere sluggishness seems to have dug in as a way of life. There was another spate of records this year, and international auction houses continued to career their way to glittering results. Which one – Paris, London, New York or even Hong Kong – will dominate the art market? But rather than indulge in the eternal musings that end a vintage year, we prefer to go to the heart of the matter, and the objects that have marked 2014. Seventeen specialities, including collectors' automobiles, sculptures, archaeological items, the arts of China, and Old Master paintings, were thoroughly explored, all representing the trends of a flourishing year. And isn't seventeen considered a magical number when we count our lucky stars?

.Content - Number 43

The Musée des Beaux-Arts in Lyon presents the intimate world and legacy of an elegant, independent woman and art lover, Jacqueline Delubac. Spotlight on a daring collection. At the entrance, a graceful veiled face fixes visitors with a determined eye. It belongs to Jacqueline Delubac, known better as Sacha Guitry's third wife, an actress of stage and screen, a stylish Parisian woman and a heart-throb of post-war Paris than as a collector of modern masterpieces. Salima Hellal, curator and conservationist in the museum's Objets d'Art department, unveils the many facets of this grande dame, who played out her life under the spotlights for several decades. Act 1, 1926: the young girl from Lyon, aged 19, went Paris with her mother. She dreamed of being a dancer, but ended up as an actress, hired by Guitry, whom she married in 1935 and divorced in 1939. During her years with the playwright, she refined her love of beautiful things in the private mansion of her husband's father, Lucien Guitry, at 18 rue Élisée-Reclus…


Art Market Magazine

In 1947, after the partition of their country, the Indians chose a new capital: Chandigarh. This city at the foot of the Himalayas became an incredibly fertile focus for experiments in architecture and urban planning. After some hesitation, the design project was given to the French architect Le Corbusier. His cousin, Pierre Jeanneret remained in the city for the next fifteen years (1951 to 1966) to supervise the work. He designed over a hundred buildings, while training local artisans…



Old Master paintings. Without achieving the well-publicised figures of modern and contemporary art, Old Masters still fetch some impressive  prices, with no shortage of six-figure bids! The field has increasingly been suffering from a lack of major pieces, hence collectors' ecstasy when a "museum-quality" work comes along. The French market regularly provides such works, and forms the speciality's Golden Triangle along with London and New York.



The French market for Asian and especially Chinese art is extremely rosy, buoyed up by ancient provenances and a policy of attractive estimates. France has remained a stronghold, as is confirmed by Christie's new strategy of prioritising Paris for its Asian sales. Sales at Drouot dedicated to Asian art totalled €22M in 2014, including €9.2 M alone during the Asia Week ending the season. This featured a bronze Amitayus from the Kangxi period that inspired a bid of two million



The new requirements for the "luxury hotel" label, laid down four years ago, have pushed the top hotels into an impressive race for five-star status. To maintain their ranking, France's thirteen luxury hotels (one in Biarritz, three in Courchevel, five in Paris, one in Ramatuelle, one in Saint-Jean-Cap-Ferrat, two in Saint Tropez) don't do things by halves! Over the past few years, several of them have undertaken renovation work on a gigantic scale, often preceded by auctions of all or part of their contents.



Paris, September 2014… Subscribers to Designerbox discovered the object of the month: a sculptural bud vase called Jin Shi (Golden Stone), created by a Shanghai-based agency, Design MVW, run by French architect Virginie Moriette, and Chinese designer/interior designer Xu Ming. The object – a simple minimalist gilt metal tube with a bend in it standing on a marble plaque – draws on the tradition of the Middle Kingdom.



In 2015, the BRAFA inaugurates the next decade with serene confidence in the future. Over the years, its friendly ambiance has become as attractive as the prices at its stands which are far more affordable than those of its prestigious European competitors, the Maastricht TEFAF and the Paris Biennale des Antiquaires. The BRAFA is the oldest (and most modest) of the three. It is celebrating 60 winters in 2015 with an anniversary edition that could beat its 2014 record of 55,000 visitors.



Art Market Magazine Gazette International

January 2015 Edition

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