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April 2005 Market Intelligence

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Grace Notes of Caring in a Cold World

latimes.com

The Los Angeles Times columnist Steve Lopez discusses Nathaniel Anthony Ayers, a street violinist in downtown Los Angeles who has schizophrenia and previously played a two-stringed fiddle. Readers donated instruments, including a cello and a violin, from donors Dede Swartz, Kathy Harmon-Luber, Sara Cannon, Antonio Rizzo, and Alfred Rich, to help Ayers. The instruments were to be kept secure by Lamp Community, with the aim of helping him access basic needs and support services.

Fine art

19th-century European art sees mixed results

artnews.com

The article covers Christie’s and Sotheby’s sales of 19th-century European art, noting Sotheby’s total of $20.5 million and Christie’s $8.9 million. It highlights top lots and records, including Gustave Moreau’s Desdémone selling for $1.1 million at Christie’s and two Christie’s record prices for Dehodencq and Schreyer, with American buyers featuring prominently in top lots.

Chiếc vĩ cầm giá 2 triệu USD

dantri.com.vn

The article reports that a Stradivarius violin from 1699 named The Lady Tennant sold for 2,032,000 USD to an anonymous American collector at a New York auction on April 23. It notes this as the highest price ever paid for a violin, compares to a 1990 Stradivarius sale at 1.8 million USD, and mentions maker Antonio Stradivari and a performer Adela Pena of the Eroica trio performing with the violin at the auction.

Rekordáron kelt el Stradivari egyik hegedűje

hvg.hu

The Stradivari violin from 1699 sold for over two million dollars at Christie's in New York, setting a new record. The previous record was 1.8 million dollars in 1990 at a Christie's sale in London. The instrument, known as Lady Tennant, had its first known owner Charles Philippe Lafont, a contemporary of Nicolo Paganini, and later belonged to Sir Charles Tennant who gifted it to his wife. A second instrument, a cello by Matteo Goffriller, also sold for 620 thousand dollars, and both instruments were part of a single auction collection.

Violin stolen from Lindsay Deutsch is found

playbill.com

The rare 1742 Sanctus Seraphin violin used by Lindsay Deutsch was recovered after being stolen from her car on April 20. An unidentified man turned in the instrument to police, receiving a $10,000 reward promised by Deutsch’s parents once his account is confirmed.

Antique violin recovered in West Hills theft case, 18th century instrument valued at $350,000

latimes.com

The 1742 Sanctus Seraphin violin and an 1830 Francois Tourte bow were stolen from a car in West Hills and later recovered and handed to the Los Angeles Police Department. The instrument was on loan to Lindsay Deutsch from philanthropist Peter Mandell, whose collection is valued at $350,000 for the violin and $160,000 for the bow.

Украв из автомобиля старинную скрипку стоимостью 850 тысяч долларов, вор выбросил ее в парке

fakty.ua

The article reports that American violinist Lindsay Deutsch left her antique violin, a 1742 Santo Serafin valued at at least $850,000, in a car in Los Angeles. A man later turned the instrument into the police after finding it in a park with a dog on a leash. The violin was insured but the policy didn’t cover its value; the owner, a collector named Peter Mandel, was distressed. Police suggest the thief did not realize the instrument’s worth.

Student offers reward for stolen 18th century violin

latimes.com

Lindsay Deutsch, a 20-year-old student at the Colburn School of Performing Arts, is offering a $10,000 reward for the return of a 1742 Sanctus Seraphin violin and an 1830 Francois Tourte bow stolen from her car in West Hills. The instruments were on loan from Los Angeles philanthropist Peter Mandell, and the theft is under LAPD investigation.

Violinist Barnabas Kelemen Performs Paganini

wunc.org

Barnabas Kelemen, the Hungarian violinist who won the International Violin Competition of Indianapolis in 2002, performs two Paganini Caprices and discusses finding a new violin while nearing the end of his four-year loan of a 1683 Stradivarius.

Fine art

Art dealer Kozlowski bought paintings for more than $14 million

fosters.com

The article reports that L. Dennis Kozlowski, former Tyco CEO, and his wife Karen bought paintings valued at more than $14 million in 2001 with the help of art dealer Christine A. Berry. Invoices were sent to Tyco offices, and the purchases included works by Renoir and Monet, with additional purchases discussed at the Richard Green Gallery in London for about $1.975 million.

Fine art

Iran blocks UK relic auction

aljazeera.com

The report concerns Iran blocking Christie’s from selling a 2500-year-old relief fragment believed to be smuggled from Persepolis. The piece, a limestone relief featuring an Achaemenid soldier, is said to have originated from Apadana palace stairways and may have been taken between 1933 and 1974, with Sotheby’s mentioned as a prior auction venue.

La Fenice ends Newtown season

stamfordadvocate.com

The article discusses La Fenice, a quintet of five instrumentalists: Catherine Cho (violin), Maria Lambros (viola), Marcy Rosen (cello), Peggy Pearson (oboe), and Diane Walsh (piano). It describes a program of five works totaling two hours and ten minutes, including a Mozart trio for clarinet, viola, and piano where an oboe substitutes for the clarinet, and notes the need for new seats in the auditorium.

Fine art

Medici cycle by Fromiller returns to Carinthia

ots.at

The Hypo Alpe-Adria Group purchased eight panels from the Carinthian Baroque painter Josef Ferdinand Fromiller for 330,000 euros, securing their return to Carinthia. The eight large panels, based on Peter Paul Rubens designs for Maria de Medici, were to be shown in a 2005-06 exhibition at the Carinthian Landesmuseum and later housed at the Schloss Velden hotel. The purchase was arranged through Friedrich Leitner of the Landesmuseum Kärnten, with restoration also under the Landesmuseum Kärnten.

Fine art

Britain fears new art tax will chase away sales

artnews.com

The article discusses Britain’s plan to implement the resale royalty for living artists (droit de suite) starting January 2006, and the concerns from auction houses and dealers that it could push sales abroad. It notes the EU directive’s background, potential impact on competition, and concessions such as applying the levy only to living artists for the first years and a reduced rate of 4 percent with a cap of €12,500 (about $16,000).

Fine art

No 10's Canaletto may fetch £8m

thetimes.com

Dalya Alberge reports that a Canaletto view of the Grand Canal from Palazzo Balbi to the Rialto, a 1730s Venice view once hung in 10 Downing Street, is expected to fetch about £8 million at Sotheby’s in London on July 7. The painting was owned by Robert Walpole and has since passed through several collectors.

Fine art

Maspro Art Museum Sends 37 Western Paintings to Christie’s

Christie’s

The Maspro Art Museum consigned 37 paintings to Christie’s sales in New York and London, including works by Cézanne, Picasso and van Gogh. Proceeds from the Western art group were intended to support further acquisitions of Japanese ceramics.

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