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Displaying items by tag: TEFAF Maastricht
On Friday, March 13, 2015, the European Fine Art Fair (TEFAF) -- the most distinguished art and antiques show in the world -- will open to the public. Held in Maastricht, a picturesque medieval city in the southernmost part of the Netherlands, this year’s fair will feature 275 leading galleries from twenty countries.
In addition to the traditional areas of Old Master paintings and antique furniture, TEFAF presents a wide variety of modern and contemporary art, jewelry, and twentieth-century design, which is featured in a small yet mighty section titled TEFAF Design.
The Executive Committee of TEFAF Maastricht, the premiere and prestigious international art fair, announced Monday that Sotheby's veteran Patrick Van Maris will succeed the honorable Paul Hustinx as chief executive officer. The changing of guards, effective May 1st, will see Hustinx end a three-decade jaunt with TEFAF during which he headed the illustrious fair for almost 20 years.
In discussing his decision to step down, Hustinx comments, “I felt that after 26 years, TEFAF needed a fresh pair of eyes and insight to take it forward."
Next month, Sotheby’s London will sell approximately 120 works from the collection of the late Jan Krugier, a preeminent dealer of 20th century art. Krugier, who passed away in 2008, sold works for Pablo Picasso’s family and was close friends with the artist. He operated galleries in Geneva and New York and was a powerful presence at art fairs such as TEFAF Maastricht and Art Basel.
37 works will be sold during an evening sale of Impressionist and Modern Art on February 5 and the remainder of the collection will be offered during the day sale on February 6. Most of the collection is comprised of works on paper and include pieces by Francisco Goya, Jean-Auguste-Dominique Ingres, Paul Cezanne, Edgar Degas and Pablo Picasso. Sotheby’s expects the entire collection to garner between $39 million and $57 million. The most expensive work to be offered is Alberto Giacometti’s cast bronze ‘L’homme qui marche III’, which is expected to fetch between $5 million and $8 million.
Last November, Christie’s New York held a highly anticipated sale of works from Krugier’s collection but the auction failed to meet expectations.
Christie’s will sell a number of pieces from the collection of Jan Krugier, an art dealer who sold works for Pablo Picasso’s family. The sale will include over 150 lots and is expected to garner at least $170 million. The sale, A Dialogue Through Art: Works from the Jan Krugier Collection, will take place on November 4-5, 2013 at the auction house’s New York location.
Krugier, who died in 2008, was one of the leading dealers in premier 20th century art for four decades. He operated galleries in Geneva and New York and exhibited at highly anticipated art fairs including Art Basel in Switzerland and TEFAF Masstricht in the Netherlands. Krugier’s Manhattan gallery closed in 2010 and his company no longer participates in fairs.
A Dialogue Through Art will present 30 works by Picasso including a maquette for the 65-foot sculpture Tete, which is located in Chicago. The work is expected to sell for $25 million to $35 million and is the most valuable piece in the sale. Other highlights include a bronze sculpture by Alberto Giacometti made for the Venice Biennale, which is expected to sell for $9 million to $12 million; a Fauvist period landscape by Wassily Kandinsky, which carries a $20 million to $25 million estimate; and a 1982 painting by Jean-Michel Basquiat, which is expected to sell for $3 million to $4 million.
A selection of works from the upcoming sale will be on view at Christie’s headquarters in London through September 19, 2013.
The European Fine Art Foundation, organizers of the venerable European Fine Art Fair (TEFAF), which is held annually in Maastricht, Netherlands, have been discussing launching a new art fair in China with the help of Sotheby’s. While it may seem like an unusual pairing, TEFAF and Sotheby’s are looking to join forces in order to tap into China’s thriving art and antiques market, which raised $13.7 billion in 2012.
Last year, Sotheby’s entered into a ten-year joint venture with China’s state-owned media corporation, Beijing GeHua Cultural Development Group. The collaboration will allow Sotheby’s to utilize the free port that GeHua is developing with the Tianzhu Free Trade Zone in Beijing. The port will serve as a tax-advantaged storage location, which is ideal for foreigners looking to buy high-priced artworks overseas. Sotheby’s is the first international auction house to establish itself in Mainland China.
If TEFAF and Sotheby’s decide to move forward with the fair, TEFAF Beijing will launch in 2014. TEFAF Maastricht, the world’s biggest art and antiques fair, is currently taking place in the Netherlands and will wrap up on Sunday, March 24, 2013.
China’s art market experienced a substantial boom in 2011, bumping the United States out of its top spot and ultimately becoming the world’s principal market for art and antiques. In 2012, amid the uncertain global economy, China’s growth began to slow and its art and antiques market shrank by almost a quarter. This deceleration allowed the U.S. to regain its title as the world’s most significant art market.
The power shift was announced as part of the highly anticipated TEFAF Art Market Report compiled by Dr. Clare McAndrew. McAndrew, a cultural economist who specializes in the fine and decorative art market, is the founder of Arts Economics, a company commissioned by The European Fine Art Foundation to provide a yearly analysis of the worldwide art market. The report coincides with the beginning of TEFAF Maastricht, the Foundation’s annual art fair, which begins March 15, 2013 in the Netherlands and runs through March 24, 2013.
Slowing economic growth and a lack of high quality, high priced items on the market are to blame for China’s slip to the second most influential art market. While auction sales dropped by 30% in China, U.S. sale figures were up 5% to $18.4 billion. In 2012, buyers opted to minimize financial risk by buying works by well-known artists at the top end of the market with Post-War and Contemporary art performing the strongest.
Dr. McAndrew will present her findings at the TEFAF Art Symposium on Friday, March 15, 2013 in Maastricht.
2nd Annual Naples Art, Antique & Fine Jewelry Show
February 8–11, 2013; Preview: February 7, 2013
Naples Exhibition Center, 100 Goodlette Road
South Naples, Florida 34102
10th Anniversary Palm Beach Jewelry, Art & Antique Show
February 16–19, 2013; Preview: February 15, 2013
Palm Beach Country Convention Center, 650 Okeechobee Blvd.
West Palm Beach, Florida 33401
After its successful debut in 2012, The Palm Beach Show Group (PBSG) is proud to announce that the Naples Art, Antique & Jewelry Show will be held this year from February 8th to the 11th. More than 75 high-caliber dealers will be exhibiting. As an indicator of how strong the inaugural show was, the majority of the 2012 participating dealers signed up again for 2013.
Scott Diament, President and CEO of the PBSG remarked, “The second annual Naples Show will again provide exhibitors with the unique opportunity to not only meet sophisticated and educated clientele from Florida’s Paradise Coast, but also from the Midwest region, an area from which many attendees travel during this peak season.” Show visitors will gain access to major works of art, antique and estate jewelry, furniture, porcelain, Asian antiquities, American and European silver, glass, textiles, sculpture, contemporary art and many more of the world’s most beautiful collections.
The show's location is ideal for collectors and decorators alike, located just steps from Fifth Avenue, Naples’ world-renowned shopping, dining and entertainment district, and its cultural attractions including museums, theaters, and art galleries.
On President’s Day Weekend, following just four days after the Naples Show, the Palm Beach Jewelry, Art & Antique Show is celebrating its 10th anniversary. With the addition of so many top painting dealers this year, it has become the preeminent show for American and European art of the nineteenth and twentieth centuries. In the art and antiques industry, this is an annual must-attend event and a hallmark in Palm Beach. Many exhibitors, including Peter Finer (the world’s leading specialist in antique arms and armour and new to the show this year) also exhibit at other top-notch shows such as TEFAF Maastricht, The Winter Antiques Show, Masterpiece London and The American Art Fair.
The Palm Beach Show was so successful last year that over 50 dealers were waitlisted for this year's show since the demand to exhibit exceeded capacity, an exceedingly rare situation in this volatile economic climate.
“Our Naples Show is the perfect complement to our Palm Beach Show,” adds Diament. “We are now providing our exhibitors with tremendous back-to-back exposure to the most affluent collectors from the Northeast, who choose to winter in Southeast Florida, and the most affluent collectors from the Midwest, who choose to spend their winters on the West Coast of Florida. Thousands of patrons—from private collectors to museums curators to investors—are anticipated to attend.
The inaugural Frieze Masters fair is already drawing comparisons to TEFAF Maastricht, the pinnacle of Old Masters fairs that takes place annually in the Netherlands. Featured alongside the contemporary art world staple, the Frieze Art Fair, Frieze Masters has been watching the sales add up.
Highlights include a Louise Bourgeois bronze, Avenza Revisted (1968–69), that was sold by New York’s Cheim & Reid gallery for $1.5 million, Bruce Nauman’s installation, Parallax Shell (1971), along with the drawing for it, which was sold by Sperone Westwater (New York) for $2–3 million, and Pablo Picasso’s Homme et Femme au Bouquet (197) which brought in around $9 million during the fair’s preview thanks to Wan de Weghe Fine Art (New York).
Concluding on October 14, Frieze Master still has plenty of time to keep the sales coming.
Maastricht, a picturesque medieval city steeped in history, filled with romantic streets and historic buildings, and arguably the oldest city in the Netherlands, is home once a year to the finest art and antiques show in the world, TEFAF Maastricht. When private jets fill the local airport everyone knows it’s show time. With 260 dealers from sixteen countries in nine sections, it was nearly impossible to view the entire show in the three days I was there. The art and objects in the show range from ancient to contemporary works, totaling an estimated $1.4 billion worth of museum-quality art. The Vernissage was packed with patrons, and it seemed as though there were more Americans willing to spend this year than last, acquiring some of the most important paintings in the show through dealers such as Noortman, Johnny van Haeften, and Koetser Gallery.
Maastricht, a picturesque medieval city steeped in history, filled with romantic streets and historic buildings, and arguably the oldest city in the Netherlands, is home once a year to the finest art and antiques show in the world, TEFAF Maastricht. When private jets fill the local airport everyone knows it’s show time. With 260 dealers from sixteen countries in nine sections, it was nearly impossible to view the entire show in the three days I was there. The art and objects in the show range from ancient to contemporary works, totaling an estimated $1.4 billion worth of museum-quality art. The Vernissage was packed with patrons, and it seemed as though there were more Americans willing to spend this year than last, acquiring some of the most important paintings in the show through dealers such as Noortman, Johnny van Haeften, and Koetser Gallery.
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