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July 2022 Market Intelligence

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Alexandra Tirsu receives Ida Haendel’s Stradivari

alexandra-tirsu.com

Alexandra Tirsu receives Ida Haendel’s Stradivari, loaned by London’s J & A Beare, to the 30-year-old Moldovan-Romanian violinist. Tirsu will use the instrument for her debut recording with the London Symphony Orchestra, featuring Tchaikovsky Violin Concerto, Beethoven Romances, and a concert by Paul Lorenz.

VC Artist Inmo Yang loaned Guadagnini violin by J & A Beare

theviolinchannel.com

The Violin Channel reports VC Artist Inmo Yang won the Jean Sibelius Violin Competition, receiving a €30,000 prize, mentoring prizes, a Genelec product prize, and an NFT trophy. He was awarded a loan of a 1772 Guadagnini violin from Turin, lent through Jane Ng via J & A Beare and the Beare’s International Violin Society.

Fine art

Christie’s Market Update: ["Christie’s and HomeArt\xa0Are Proud to Announce\xa0FLESH AND SOUL: BACON/GHENIE\xa0To Touch Down in Seoul\xa0this September\xa0 - Christie's", 'Christie’s and HomeArt\xa0Are Proud to Announce\xa0FLESH AND SOUL: BACON/GHENIE\xa0To Touch Down in Seoul\xa0this September\xa0']

Christie’s

Christie’s documents the market development behind ["Christie’s and HomeArt\xa0Are Proud to Announce\xa0FLESH AND SOUL: BACON/GHENIE\xa0To Touch Down in Seoul\xa0this September\xa0 - Christie's", 'Christie’s and HomeArt\xa0Are Proud to Announce\xa0FLESH AND SOUL: BACON/GHENIE\xa0To Touch Down in Seoul\xa0this September\xa0']. Its account reports that —including 20 and 21 Century art (Post War and Contemporary, Modern and Impressionist art), Old Masters, prints, photographs, jewellery, handbags, wine, watches, cars, design, rare books, guitars, memorabilia, manuscripts, and much more—with prices ranging from $500 to over $100 million.

Fine art

Italian authorities block Gentileschi painting from auction

artnews.com

Artemisia Gentileschi’s Caritas Romana, dated to the 17th century, was blocked from sale by Italian authorities. The Carabinieri alleged the work was catalogued fraudulently as by an anonymous follower, and the painting was exported to Austria in 2019 with an export license later scrutinized.

The accidental discovery of Nazi-era stringed instruments

tarisio.com

Jason Price interviews Joseph Pearson about seven Nazi-era stringed instruments associated with Goebbels’s Ministry of Propaganda, including a 1731 Camillo Camilli violin, an undated Guarneri cello, a 1734 Nicolo Gagliano violin, a 1698 Matteo Goffriller violin, a 1736 Pietro Guarneri violin, a 1761 Guadagnini violin, and a seventeenth-century Giovanni Maria del Busetto viola.

Fine art

Italian authorities blocked the sale of an Artemisia Gentileschi painting in Austria, saying its owners lied to export it

news.artnet.com

Artemisia Gentileschi’s Caritas Romana was blocked from sale in Austria after Italian authorities alleged it was illegally exported by the owners. The Carabinieri TPC seized the work at Dorotheum in Vienna and it has been returned to Bari; investigators are pursuing a criminal case against the owners for illegal export and fraud. The export license had been revoked in 2020 and the piece was described as by a follower rather than the artist when initially exported.

Fine art

Italy thwarts illegal auction abroad of Gentileschi painting

apnews.com

Frances D’Emilio reports that Italian authorities thwarted a potential illegal sale of Artemisia Gentileschi’s Caritas Romana, which had been described as by a follower to obtain export permission. The painting, valued at at least 2 million euros, was involved in an attempted sale through a Vienna auction house and was formerly exported to Austria in 2019.

Fine art

Officials seize $460,000 Picasso sketch at Ibiza airport

cnn.com

The article reports that Spanish authorities seized a Picasso sketch worth over $460,000 at Ibiza airport from an unnamed traveler who did not declare it. An invoice in the luggage allegedly identifies the drawing as an original, a 1966 work titled “Trois personnages.”

Fine art

Christie’s Market Update: ["CHRISTIE’S LAUNCHES VENTURE FUND - Christie's", 'CHRISTIE’S LAUNCHES VENTURE FUND']

Christie’s

Christie’s documents the market development behind ["CHRISTIE’S LAUNCHES VENTURE FUND - Christie's", 'CHRISTIE’S LAUNCHES VENTURE FUND']. Its account reports that cHRISTIE’S VENTURES WILL FUND EMERGINGTECHNOLOGIES AND FINANCIAL INNOVATIONS RELEVANT TO ART MARKET SUCCESSFULLY CLOSED FIRST INVESTMENT IN LAYERZERO LABS LEADING WEB3.0 COMPANY.

The Strad February 2022 issue

thestradshop.com

The Strad February 2022 issue features Théotime Langlois de Swarte in a French-themed focus, with articles on Vuillaume’s bows and Pierre Baillot, plus coverage of Sol Gabetta, a Bruch Masterclass, and Philippe Graffin’s Sentimental Work.

rare 1679 stradivarius violin fails to attract bids at christie's auction

theviolinchannel.com

The 'Hellier' Stradivarius, made in 1679, was expected to sell for between £6 million and £9 million but received no bids at Christie's auction in London. The violin is notable for its gem-inlaid purfling and its significance as a turning point in Stradivari's career, marking a departure from traditional proportions.

Fine art

Christie’s Market Update: ["Christie’s Global Sales Achieve £3.3 B / $4.1 B in First Half 2022 - Christie's", 'Christie’s Global Sales Achieve £3.3 B / $4.1 B in First Half 2022']

Christie’s

Christie’s documents the market development behind ["Christie’s Global Sales Achieve £3.3 B / $4.1 B in First Half 2022 - Christie's", 'Christie’s Global Sales Achieve £3.3 B / $4.1 B in First Half 2022']. Its account reports that “Our results in the first half of 2022 have been remarkably strong, with many memorable moments like the sales of Warhol’s Marilyn and of the Bass collection in New York, and of the Givenchy collection in Paris.

Fine art

Christie’s Market Update: ["Evening Sales Total £47,514,277 / $56,732,047 / €55,591,704 The Exceptional Sale and Old Masters Evening Sale - Christie's", 'Evening Sales Total £47,514,277 / $56,732,047 / €55,591,704 The Exceptional Sale and Old Masters Evening Sale']

Christie’s

Christie’s documents the market development behind ["Evening Sales Total £47,514,277 / $56,732,047 / €55,591,704 The Exceptional Sale and Old Masters Evening Sale - Christie's", 'Evening Sales Total £47,514,277 / $56,732,047 / €55,591,704 The Exceptional Sale and Old Masters Evening Sale']. Its account reports that london \- Christie’s Classic Week evening sales – The Exceptional Sale and the Old Masters Evening Sale \- realised a combined total of £47,514,277 / $56,732,047 / €55,591,704, achieving sell-through rates of 72% by value and 77% by lot.

Stradivari violin expected to fetch $11 million at upcoming auction

lifestyleasia-onemega.com

The Christie’s Exceptional Sale in July features a 1679 Hellier Stradivari violin, created by Antonio Stradivari, projected to fetch $11 million. The instrument is noted for its ivory inlay, diamonds, and gilded varnish, and is described as a historically significant model by Christie’s and Smithsonian-curated context.

Rare Stradivarius that belonged to Einstein's teacher fetched USD 15.3 million at NYC auction

ananova.news

The rare Stradivari violin made in 1714 by Antonio Stradivari, dubbed the “Da Vinci, Ex-Seidel,” sold for USD 15.3 million at a Tarisio auction in New York on June 9, 2022. The instrument was once played by Toscha Seidel, Einstein’s teacher, and Seidel is noted as having taught Einstein in 1934; the violin is described as from Stradivari’s Golden Period and remains in pristine condition.

Noémie Viaud in Risskov Denmark

thestringcircle.eu

Noémie Viaud, based in Risskov, Denmark, is an award-winning luthier who makes violins, violas and cellos and has produced instruments that win prizes at international competitions. Her 2021 violin is a Stradivari model interpretation using spruce and Bosnian flamed maple, finished with her own oil varnish; prizes listed include multiple medals at Violin Society of America competitions and the XVI Concorso Internazionale Di Liuteria Antonio Stradivari.

Fine art

The Back Room Stiff Upper Lip

usaartnews.com

The article discusses London auction results from Sotheby’s, Christie’s, and Phillips, including Francis Bacon’s portrait of Lucian Freud and several sales totals. It mentions the risk context of a macroeconomic correction and provides takeaways on overall sales performance versus expectations.

Fine art

After a busy auction season Phillips delivers good, but not ground-breaking results at its 20th century and contemporary art sale in London

usaartnews.com

The article reports Phillips’s 20th century and contemporary art sale in London totaling £17.5m against a £13.5m to £18.4m presale estimate. It highlights Antonia Showering’s We Stray (2020) with a £190,000 hammer price, and notable results for Lauren Quin, María Berrío, Caroline Walker, Flora Yukhnovich’s Moi aussi je déborde (2017) at £1.4m hammer (£1.7m with fees), Cy Twombly’s Untitled (1962) at £2.2m (£2.7m with fees), Michelangelo Pistolleto’s Ragazza in minigonna / Ragazza seduta per terra (1962-67) at £1.8m (£2m with fees), and Louise Bourgeois’s hanging soft sculpture at £700,000 (£869,500 with fees). Damien Hirst and Philippe Parrenno saw passes, with two lots pulled before the sale. The bidding appeared broad internationally, with a mix of live and online participation.

Fine art

Women lead Phillips $21 million London evening sale

artnews.com

The Phillips London evening sale totaled £17.5 million ($21 million) with fees, from 33 lots, 31 sold and two withdrawn. Works by Shara Hughes, Caroline Walker, Flora Yukhnovich, Damien Hirst, and Stanley Whitney were among those featured, with the auction generating one new record for Antonia Showering. The hammer total before fees was £14.3 million ($17.5 million) against presale estimates of £13.5 million–£18.4 million.

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