10 Jan 2012 @ 3:37 PM 

Two smaller secret auctions, one in Brussels, one in Paris with some good provenance pieces at affordable price this month of January 2012.

...

{{{silver}}}
The rest of this article is available to African Art Club members only.

Tags Categories: auction Posted By: nordend
Last Edit: 10 Jan 2012 @ 03 53 PM

EmailPermalinkComments (0)
 16 Dec 2011 @ 11:50 AM 

We no longer do the same job” was the comment from a dealer speaking about the African art sales that took place in Paris- the capital market for tribal arts- days after the auctions from Christie’s, December 13,2011 and the one at Sotheby’s on the 14th.  Why did he say this? Well Because of the already high estimates for the main lots went up to 3 times for the end results.

The two objects in the above video are not at auction, but in David Norden‘s collection at this moment.

The article below was inspired translated and enhanced from an article first published in Le Monde l’art africain flambe

At Christie’s on the 13th december 2011, a fine Punu mask from Gabon, white face with twisted hair and horns, sold for 229 000 euros, as much a Bamana statue (from Mali), with sharp angular carving and quite expressive.

The master piece from the auction was a beautiful Fang mask ( from Gabon), with sleek curved lines, that reached 931,000 euros. Also a cupper Fon Lion from Benin, that was estimated around 300,000 euros, exceeded one million.
The estimates of Sotheby’s where also optimistic but nobody could have guessed they where so much undervaluated for some lots:
A black Punu Ikwara mask  estimated 350 000-450 000 € sold for 1,016,750 € and an ivory from the Hungana (a quite rare sub Pende tribe) estimated between 30-50,000€ sold for 780,750 €
200 000-300 000 for an ivory Lega (DRC)  with scarifications on the body sold for 336,750€  ; 300 000-500 000 for an anthropomorphic Dan spoon (Ivory Coast), between 400,000 and 600,000 euros sold for 360,750 € and for a Yoruba/Nago horse ridder (Nigeria, Benin) curiously baroque and the same estimate for a second Yoruba piece from the same carver was sold for 400,750 EUR

Between 200,000 and 250,000 euros for a Kwele mask (Gabon -sold 216,750 €), 200 000 300 000 for a Boa Mask (DRC sold same price as previous) – that the catalog rather quickly compared to a painting Picasso of 1907 – or between 350 000 and 450 000 for a Punu dated from the late eighteenth century and that was showed in 2005 at the Grimaldi forum in Monaco and published in the book Arts of Africa : 7000 Years of African Artbecame the most expensive piece in this auction selling for 1,016,750 EUR.

Arts of Africa

Ezio Bassani

The stories and provenances of all these works are quite similar. Collected for the earliest in the late nineteenth century and for the latest in the 1970′s, they all have been held in private collections for the last 40 years. Hence these estimates, but well above the price that dealers would ask for the same objects if held in their galleries.

The explanation is not convincing, because the items paths, sold by merchants in Paris, Brussels or New York is quite comparable. I’s already a long time over nothing important comes straight out from Africa, the continent having been explored in all directions, even in its most remote regions since the early 20′s.

The difference is due to two reasons. The first is related to the higher media profile from auction houses and the kindly advertising competition engaged between Christie’s and Sotheby’s with potential bidders – this phenomenon is similar as seen in the field of contemporary art. The second that it is certainly more spectacular to place bids in a room full of millionaires than make an acquisition in a closed gallery. This is the case of a Punu or Fang as it is for a prestigious Richard Prince or Jeff Koons.

A fabulous Elegance

The parallel does not end there. The so called “primitive” arts market now also attracts collectors of contemporary art, used to pay significantly higher amounts . They are not specialists in Africa and Oceania, but acquire a few emblematic “tribal” pieces for the social prestige and the name of the link between this art and the twentieth-century discovery of the “Negroes”. In doing so, unwittingly perhaps, they confound and discourage older collectors, more competent on the knowledge side, but unable to “follow” beyond a certain price threshold.

But even in that area people become crazy, look eg. what a simple axe (without head) sold for a Sotheby’s only because it was written Frobenius under the axe, that was estimated 4,000 to 7,000 EUR and finally sold for 384 750 € costs included . No way I could have sold this above 10,000 € in my gallery :

TThe reason of the high price is found under the Axe :

Strange when you know a same quality Songye axe (lot 48) in the same auction sold for 3125 €, but without the white signature ! Someone paid 381.625 € for this Signature. Could it be someone in Quatar ?

Forced to abandon “classic”collecting areas, these scholarly interested amateurs shift today there interest to previously ignored sources like Southeast Asian, Himalayan, Indian tribal areas, etc… Or when they collect Africa and Oceania, to utilitarian objects like weapons, hooks, headdle pulleys, neckrests or cups, that are often of a fabulous elegance.

Christie’s therefore proposed, on December 13, just before his big evening sale, a fine collection of “curiosities from the collection Daniel Blau.” Which happens to be the son of the painter Georg Baselitz, himself an excellent connaisseur of African sculptures. The complete collection brought a measly

  • Sale Total: 283,750 (Euros)

In the members section below you’ll find the links to the complete auction results and some screen shots of the most expensive pieces  : If you are not yet a member please join the African Art Club , before I raise the price. ...

{{{silver}}}
The rest of this article is available to African Art Club members only.

Tags Tags: ,
Categories: african art, auction france
Posted By: nordend
Last Edit: 16 Dec 2011 @ 05 08 PM

EmailPermalinkComments (2)
 29 Nov 2011 @ 9:40 AM 

Africa 15 – Auction in Zurich early december 2011

Preview:

Zurich: 26. Nov. – 04. Dez. 2011

...

{{{silver}}}
The rest of this article is available to African Art Club members only.

Tags Categories: medium auction Posted By: nordend
Last Edit: 29 Nov 2011 @ 09 40 AM

EmailPermalinkComments (0)
http://iamlonely.cn More Options ...
Change Theme...
  • Users » 160
  • Posts/Pages » 266
  • Comments » 99
Change Theme...
  • VoidVoid « Default
  • LifeLife
  • EarthEarth
  • WindWind
  • WaterWater
  • FireFire
  • LightLight

Mailing list



    No Child Pages.

african art newsletter



    No Child Pages.

Tribal Arts Organizations



    No Child Pages.