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July 2013 Market Intelligence

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Stolen Stradivarius violin found after more than two years

cnn.com

CNN reports that the stolen Stradivarius violin, dating to around 1696, was recovered in central England along with two bows valued at more than $105,000. The violin, owned by violinist Min Jin Kym, had been stolen near a London train station in late 2010, with two teens later sentenced in 2011 for the theft.

Stolen Stradivarius violin found after more than two years

cnn.com

CNN reports that a stolen 1696 Stradivarius violin and two bows were recovered from a house in central England, more than two years after the theft near a London train station. The instrument, valued at over $1 million, was found by British police with the bows valued at over $105,000; the owner is violinist Min Jin Kym.

Furtado em 2010, violino Stradivarius encontrado intacto em Londres

terra.com.br

The article reports that a Stradivarius violin valued at 1.4 million euros, stolen in December 2010 in London from Min-Jin Kym, was found intact. The instrument dated to 1696 and was recovered in England, with the bow pair valued at 78,000 euros also recovered. The article notes the Stradivarius maker Antonio Stradivari and mentions another Stradivarius named Solomon Ex-Lambert, which sold for nearly 3 million euros in 2007.

Min-Jin Kym elated after stolen Stradivarius violin worth £1.2m recovered

independent.co.uk

The Independent reports that Min-Jin Kym, a Korean-born violinist, is elated after her 1696 Antonio Stradivari violin, valued at £1.2m, was recovered by British Transport Police following a nearly three-year search. The instrument, stolen in 2010 outside Euston Station, was recovered with a Peccatte bow worth £62,000 and a bow by the School of Bazin valued at £5,000; a 32-year-old man and two teens were arrested in 2011 in connection with the theft. The instrument had been suspected to be unrecoverable, and authorities conducted a line of enquiry that led to the recovery in the Midlands last week.

Fine art

National Gallery of Art acquires works by Weston, Gerome, Smithson, Mann, Loving, and others

museumpublicity.com

The National Gallery of Art in Washington, DC acquired new works spanning painting, sculpture, drawing, printmaking, illustrated books, and photography. The acquisitions include Jean-Léon Gérôme’s View of Medinet El-Fayoum, several firsts for the collection by Gerome and Cornelis Bega, a Florentine red wax relief after a model attributed to Massimiliano Soldani-Benzi, the Gallery’s first illustrated book by an Italian artist, significant old master drawings by Lattanzio Gambara and Alessandro Magnasco, two Robert Smithson sculptures, Sally Mann’s first works, a landmark Edward Weston photograph, a photogravure portfolio by Al Taylor, and Jasper Johns’ 1997 edition print Green Angel 2 with related proofs and copperplates.

Fine art

Christie’s plans to auction a dealer’s legendary collection

nytimes.com

Carol Vogel reports that Christie’s will offer works from dealer Jan Krugier’s estate, including his personal collection and inventory from his Geneva gallery, in a special auction in Manhattan on Nov. 4, with estimated proceeds exceeding $160 million and a following sale focused on works on paper and sculpture with around $15 million estimate; highlights include a 1911 Kandinsky landscape titled Herbstlandschaft with an estimated $20–$25 million.

Fine art

Ben Nicholson’s Oct 61 at Sotheby’s auction brings £1m ($1.6m)

paulfrasercollectibles.com

Ben Nicholson’s Oct 61 (Mycenae-axe-blue) sold for £1m ($1.6m) at Sotheby’s Modern & Post-War British Art auction in London, achieving the top bids. The work measures about 4 1/2 m and is noted as the largest Nicholson work sold at auction; profits from the sale will support the Christian Theological Seminary. The transaction follows the artist’s prominence, alongside Hepworth and Moore, in the British avant-garde.

German-made antique violin stolen from Nottingham car

bbc.co.uk

A 130-year-old German-made antique violin, made in 1883, was stolen from a red Ford Fiesta in Nottingham's Sherwood Rise area (Plantin Road). The instrument is described as plain in appearance, in an oval red velvet-lined case with a pink luggage label. Nottinghamshire Police appealed for information.

Antonio Gragnani violin could fetch £35k at Nantwich auction

bbc.co.uk

The article discusses a violin made by Antonio Gragnani, dated to 1763, which Peter Wilson Fine Art Auctioneers in Nantwich expects to fetch up to £35,000. Auctioneer Chris Large notes the original receipt shows £115 paid in 1917 and mentions a dendrochronological test dating the wood to the mid-18th century and a certificate of authenticity dating to 1763; the current Gragnani violin auction record is £48,000 at Sotheby’s.

Scientists unveil historical clues to Stradivari's craft

esciencenews.com

The article discusses scientists uncovering historical clues about how Antonio Stradivari crafted violins. It mentions analyses performed by researchers from the Università degli Studi di Pavia to identify Stradivari's techniques. The owner of the top plate referenced is Charles Beare.

Fine art

El Greco set a record at Sotheby’s

gallerix.org

El Greco’s Prayer of St. Dominic sold at Sotheby’s London for 9.15 million pounds (about 14 million USD, 10.75 million EUR), nearly doubling its 3-5 million pound estimate. A second El Greco work, Christ on the Cross, sold for 3.4 million pounds (about 5.2 million USD, 4 million EUR). Total Sotheby’s summer sale of old masters brought about 35 million pounds.

Fine art

El Greco’s St Dominic in Prayer sets new record at Sotheby’s London Evening Sale

cadogantate.com

El Greco’s St Dominic in Prayer sold for more than $13 million (approximately £9.1 million) at Sotheby’s London Evening Sale of Old Masters & British Paintings, a record price for the Spanish artist. The painting, from the seventeenth century, depicts the Dominican founder kneeling in prayer before a crucifixion.

VC Young Artist Boson Mo, 22 wins Michael Hill Prize and Montreal recognition

theviolinchannel.com

The article profiles Boson Mo, a 22-year-old Canadian violinist highlighted as a VC Young Artist. It notes his education at the Cleveland Institute of Music and The Shepherd School of Music, a previous prize at the Montreal International Violin Competition, and a recent 3rd prize at the Michael Hill International Violin Competition in New Zealand. It also mentions that he plays an 1871 Jean-Baptiste Vuillaume violin loaned from the Canada Council for the Arts.

Fine art

El Greco painting sells for £9m at Sotheby’s in London

bbc.com

El Greco’s St Dominic In Prayer sold for £9.15 million at Sotheby’s in London, setting a record price for the Spanish painter. The sale also included another El Greco work, Christ on the Cross, which sold for £3.4 million, and contributed to proceeds of more than £12 million for UNICEF.

Fine art

El Greco and Canaletto lead old masters auctions in London

theartwolf.com

El Greco’s Saint Dominic in prayer and Canaletto’s The Molo, Venice led auctions in London for Sotheby’s and Christie’s respectively, with Saint Dominic in prayer achieving £9,154,500 and The Molo selling for £8,461,875.

Fine art

Canaletto’s Venetian View tops Christie’s Old Master sale

antiquesandartireland.com

Giovanni Antonio Canaletto’s The Molo, Venice, from the Bacino di San Marco was the top lot at Christie’s sale of Old Master and British Paintings in London, selling for £8,461,875 against a top estimate of £6 million amid total sale proceeds of £23,852,300.

Stradivarius violin stolen in London recovered by British Transport Police

thehistoryblog.com

The History Blog reports that a Stradivarius violin made by Antonio Stradivari in 1698, owned by Min-Jin Kym, stolen in London in 2010, was recovered by the British Transport Police. The instrument, valued at about £1.2 million (approximately $1.82 million), came with two bows and had an insurance reward offer; four suspects were detained in connection with the theft after CCTV and inquiries.

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