Art Market Magazine


As the Christmas season approaches, the City of Light really lives up to its name. And it is with a certain relief that we leave November behind us, overshadowed by the memory of the 2015 terrorist attacks, and stunned by the jaw-dropping election of Donald Trump. An ideological earthquake that could impinge on the art scene, as the new president showed little interest in art during his campaign. Will he also disrupt the market? Two experts in the sector give us their immediate reactions. Meanwhile, to cheer up Paris-dwellers, artist Jeff Koons is presenting them with a 12-metre-tall bouquet of tulips, shortly to occupy pride of place in 2017 in front of the Musée d'Art Moderne de la Ville de Paris. An initiative of American ambassadress Jane D. Hartley, who has caused quite a few teeth to grind, having consulted neither the local residents nor the members of the ABF, France's national heritage supervisor… While awaiting a chance to admire it in situ, tourists can savour the marvels of the Shchukin collection at the Fondation Louis Vuitton: an occasion to see these masterpieces reunited once more. Meanwhile, collectors are expected at Hôtel Drouot for Asian art week, and at the Carreau du Temple for a contemporary art fair with decidedly friendly intentions. All that should warm things up a bit!

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Today, contemporary art fairs are popping up like mushrooms, and Paris is no exception. Over the past 10 years, we have seen them appearing everywhere – exploiting the aura of the FIAC (like the Yia Art Fair), the success of a trend (the AKAA for African contemporary art) or a medium (Drawing Now, dedicated to drawing) – and then disappearing, victims of a declining market. But never before has a fair displayed a militant ambition. This is the driving force behind "Galeristes", whose first edition is taking place from 8 to 11 December in the revamped Carreau du Temple covered market in Paris. Its founders, the art critic Stéphane Corréard (a former departmental manager at Pierre Cornette de Saint Cyr) and the collector Michel Poitevin, prefer to talk of a "salon". The aim is to restore galleries, deserted by art lovers for fairs, to their predominant position in the art market.


Art Market Magazine

On 8 November 2016, the impossible happened: Donald Trump was elected 45th President of the United States. Since his election, interviews with the new "leader of the Western world" reveal decidedly more moderate positions than those he had got us used to. But what about the art market? Two professionals in the sector, Ben Genocchio and Andrea Danese, tell us what they think. So, let's speculate!



In December, the Hôtel Drouot puts the spotlight on Asian art: an event for collectors of the speciality that features a series of sales between the 12th and the 19th of the month. Art from Africa (with the Madeleine Meunier collection) will be the other star of the end of the year auctions. Let's also not forget drawing, modern art painting and ancient furniture, celebrated in several sales, in Paris and in other regions.



Last month, Gustave Flaubert and Stéphane Mallarmé triumphed at auction (Pierre Bergé library's second sale). They shared the podium with the collection of Château de Villepreux, giving pride of place to French taste with a fine Anne-Louis Girodet-Trioson portrait (sold at €447,300) and an elegant Directoire pedestal table, signed Bernard Molitor.



Under the title "Icons of modern art – the Shchukin collection", the Louis Vuitton Foundation has pulled off a major achievement in exhibition terms. The institution, created by Bernard Arnault, has managed to move and bring together nearly half the masterpieces once owned by the Russian collector. This is a considerable "diplomatic" success…



The Hays' donation to the Musée d’Orsay is not so much about its extent as the way it is going to transform the museum. As Donald Trump stands poised to take the reins of the USA, this gesture is also a fine example of American humanism. Their collection, whose first painting was bought relatively late on, is the result of a long, slow maturing of taste…



The Gazette Drouot spends an hour with the most international and media-friendly of auctioneers: Simon de Pury. Warm and friendly, impassioned, tireless, a collector, a trailblazer: he is all that rolled into one. In "The Auctioneer: Adventures in the Art Trade", published in the United States in June, he recounts the memories from his thirty-year career…



Art Market Magazine Gazette International

December 2016 Edition

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