Showing posts with label art market. Show all posts
Showing posts with label art market. Show all posts

Sunday, June 2, 2013

Eileen Gray at Auction: Follow the Lady Where Does She Go...

Eileen Gray from the Centre Pompidou Exhibition   Photo: Aestheticus Rex
Dear readers, I know I owe you a re-cap of the Eileen Gray exhibition at the Centre Pompidou which closed last month.  I was able to attend and shot a slew of images, rest assured.  Today I was settling into a peaceful Sunday afternoon thumbing through the upcoming Christie's 13 June 2013 Design Sale and was pleased to find lot 142.
Eileen Gray set of ten lacquered plates     Image via Christie's
They are a lustrous set of Eileen Gray aubergine lacquered wood plates with provenance back to the legendary Sotheby's sale of The Collection of Eileen Gray held in Monaco in 1980.  The plates are being offered at an estimate of $5000-8000.
Cover of the seminal Eileen Gray Collection Sale, Sotheby's Monaco, 1980    Image Via 1stDibs
Christie's present offering lists the plates provenance as being from a larger set offered as successive lots in the 1980 sale, lots 245a, b, or c.  But there is a bit more to the story as the tagline of this blog isn't "the incestuous world of design" for nothing.  As I have stated before, things tend to pop-up here, disappear for a while and re-emerge over there...but the internet has made the world a much smaller place.  The set of plates at Christie's quietly sold at Stair Galleries in Hudson, NY in December 2011 for $2000 on an estimate of $800-1200.  I only heard about the sale after the fact much to my chagrin...the winning bidder was a lucky person indeed.
Eileen Gray Lacquered Plates, Stair Galleries, Hudson, NY, 3 December 2011, lot 368      Image via Artfact
The Stair Galleries cataloging acknowledges that the plates indeed were part of lot 245 in the the 1980 Gray sale but goes further noting that the plates were also later sold at Sotheby's New York, 5 June 2001, lot 469.  How they emerged at a small Stair Galleries sale a decade later is anyone's guess.  With the buzz of the Yves Saint Laurent Sale and the recent retrospective at the Centre Pompidou in Paris I expect them to do much better.  We will have to wait until the hammer falls later this month.  As an FYI, another set of twelve plates was offered in the same December 2011 Stair Galleries sale but they have yet to resurface...
Set of Twelve Eilenn Gray Lacquered plates, Stair Galleries, Hudson NY, lot 367, sold $1200      Image via Artfact

UPDATE:  Well the auction took place a few hours ago and the plates sold for a whopping $43,750!  That is an amazing return on a $2000 investment.  I am sure we will see the other set in due course.  Happy hunting...--AR

UPDATE II:
I have been adding catalogues to my collection and unrelated research led me to additional provenance for these well traveled plates.  They were of course a set of 23 that were broken-up across four lots in the 1980 Sotheby's "Collection Eileen Gray" sale.  Lots 245, 245a, 245b, and 245c to be exact.
Collection Eileen Gray, Sotheby's Monaco25 May 1980, Lots 245 & 245a-c   Image via Sotheby's
Lot text for the above image.        Image via Sotheby's
They next surface in the collection of antiquities dealer Robin Symes in the guise of the "Philip Johnson Townhouse" sale at Sotheby's New York, 6 May 1989, lots 97-99 where they were now reduced to 22 plates split over three lots.
Philip Johnson Townhouse, Sotheby's New York, 6 May 1989, lots 97-99     Image via Sotheby's
Lot text for the above image.    Image via Sotheby's
Take note that the provenance is slightly incorrect as they include lot 244 from the Eileen Gray Collection which was actually a lacquer box.  Anyway, I have always thought it was a disservice to refer to the Symes sale in reference to the townhouse that was its final lot.  The sale was largely comprised of a cache of masterworks by Eileen Gray and Pierre Legrain including a slew of rare archival materials.  If you don not have a copy....find it!  It is a treasure trove of information.  As I stated previously, the plates next resurfaced at Sotheby's New York, 5 June 2001, lot 469.  I am assuming that all 22 plates were in that lot (I am tracking down a copy of this sale as Sothebys.com is spotty with sales results beyond a decade).  From here they disappeared into the ether before they emerged in two successive lots at Stair Galleries in Hudson, New York, 3 December 2011.  The 22 being split over two lots (367 & 368).  As we now know they have been split-up, ten being sold at Christie's New York, 13 June 2013, lot 142.  I am waiting to see how long it will take for the other 12 surface.

Saturday, June 1, 2013

Le Salon des Antiquaires et Galeristes-Tour Eiffel

Hello Dear Readers.  This is just a quick post as Le Salon des Antiquaires et Galeristes-Tour Eiffel closes tomorrow so if you are in Paris...check it out.  The fair is a bit small which makes it manageable and no one  could fault its location under the tents at the foot of the Eiffel Tower along the Seine.
The fair was under the tents at left    Photo: Aestheticus Rex
There was a broad mix of dealers from Paris and beyond selling Old Master and Contemporary paintings to all sorts of decorative arts and jewelry, definitely something for everyone.  In the booth of tableware and textile dealer Dans Le Beaux Draps I was tempted by every manner of embroidered linen and outmoded textile.  It truly is a lost art as we live our lives ever faster and simpler on a day-to-day basis.  I had a chuckle at seeing my nom-de-plume initials emblazoned on an elaborate 19th century tablecloth.
"Aestheticus Rex" table linen in the booth of Dans Le Beaux Drap    Photo: Aestheticus Rex
The mini period rooms and decorative pastiches always get me.  A good dealer will stop you in your tracks with their presentation as they only have a moment to draw you in.  This was the case with the booths of Galerie Pipat and dealer Patrick Martin.
Booth of Galerie Pipat    Photo: Aestheticus Rex
 I was most captivated by the empire painting of and officer.  While it wasn't the most youthful or dramatic rendering I have seen from this period the technical execution was superb, especially in the details of the gold embroidery on his jacket.
Booth of Patrick Martin taking pride of place at the entrance of the fair   Photo: Aestheticus Rex
Patrick Martin created a continental fantasy and I was most amused by the stag head wall-lights with their bulb embellished points.

At the end of the day, it was the call of modernity that won the focus of my attention.  In the booth of contemporary art and design dealer Ludovic Le Floch I found my prize tucked away on a console table.
Booth of design dealer Ludovic Le Floch   Photo: Aestheticus Rex
"Clockwork Skull" at Ludovic Le Floch   Photo: Aestheticus Rex
"Centimes Skull" at Ludovic Le Floch    Photo: Aestheticus Rex
The skulls are masterfully crafted from the innocuous components of our daily lives yet they are themes that rule our mortal days...time and money.  I am a big fan of a clever memento mori and these were stark in their modernity.  Regrettably, I mislaid the card with the artist's details, but I remember that they were priced at €6500 each.  With a heavy heart I had to leave them with the venerable Mr. La Floch.  They immediately reminded me of the coin furniture by Johnny Swing, delicate and lacy yet durable with an edge.  Until next time--AR
Johnny Swing "Half-Dollar /Butterfly Chair"   Image via JohnnySwing.com

Monday, May 27, 2013

Rateau's Commission For the Duchess de Alba to be Sold at Christie's Paris: Part III (Results)

Christie's Paris grand staircase with the Alba/Rateau banner    Image: Aestheticus Rex
Hello dear readers, I am still in Paris finishing-up taking in the design auctions but had to post on this long awaited topic.  For those who are not up to speed on the Armand Albert Rateau furniture that sold last week at Christie's Paris please see my posts here and here.  Christie's Paris office did an incomparable job displaying the group of works that were originally commissioned for the Duchess de Alba's bathroom in the Liria Palace, Madrid.  Jacques Grange designed the installation which was an inspired attempt to capture the spirit of this room known only from a few period images.
Jacques Grange installation of the Alba Rateau consignment at Christie's Paris    Image: Aestheticus Rex
Jacques Grange installation of the Alba Rateau consignment at Christie's Paris    Image: Aestheticus Rex
Jacques Grange installation of the Alba Rateau consignment at Christie's Paris    Image: Aestheticus Rex
Duchess de Alba's Bathroom, Liria Palace, Madrid circa 1922  Image via Musee Des Arts Decoratifs, Paris
I have taken a few days since the sale on May 23rd to digest what happened.  Once again I was ever the enthusiast in my posts and while six of the seven masterworks sold they did so at the low end of their estimates, seemingly at their reserves.  Here is the rundown:
Rateau Torcheres lots 119 & 120    Image via Christie's
The majestic torcheres each sold for a hammer price of €1.4 million (€1,665,000 with premium) against their estimates of €1,500,000-2,000,000 each.
Rateau Daybed lot 118     Image via Christie's
The daybed was the essence of chic in person and sold for a hammer price of €350,000 (€421,500 with premium) against an estimate of €400,000-600,000.  Evidently the bronze tassel mounts were recent replacements to the original specifications.
Rateau Dressing Table lot 123    Image via Christie's
The dressing table was one of my favorite pieces in person.  The proportions were sheer perfection.  It ultimately realized a hammer price of €550,000 (€661,500 with premium) on an estimate of €600,000-800,000.  As I discussed previously the mirror superstructure is now lacking, but the top appears to be original (a rather sparkly granite) as it still retains its drill holes for the mirror mount.
Detail of dressing table top, showing the mounting holes for the former mirror     Image: Aestheticus Rex
Rateau Low Table lot 122    Image via Christie's
What can I say, the low table "aux oiseau" is one of Rateau's most iconic designs and it was a visual feast to see it up-close and personal.  It achieved €1.4 million (€1,665,000 with premium) against its estimate of €1,500,000-2,000,000.  If I were in the running, this would have been where I spent my money.
Rateau Marble Sunken Bathtub lot 124    Image via Christie's
The bathtub while a consummate object was a big gamble.  As I stated previously it takes the right client with a vision to take on something that in itself becomes a huge project.  That said, it sold at a conservative €50,000 hammer price (€61,500 with premium) against a pre-sale estimate of €150,000-200,000.  This was a smart strategy because if this lot failed to sell it would have been pretty difficult to re-offer in a later sale stripped of the context and buzz of this exciting consignment.
Rateau Canape "Aux Cols de Cygnes" lot 121     Image via Christie's
The casualty of the evening was this graceful sofa with scrolled swan arms.  I knew from the period images that there was something slightly amiss with the seatrail as it originally had a central cartouche and a lattice pattern of stars/rosettes (which are seen in repeated motifs on all the other pieces).
Period detail image of the Canape "Aux Cols de Cygnes" in situ, lot 121  Image via Musee des Arts Decoratifs, Paris
The catalogue disclosed that the legs were replaced and the condition report disclosed that the rosettes to either end of the seatrail were also replaced to the original design as well.  I heard from a few people at the exhibition that the sofa had later been re-upholstered covering the seatrail entirely.  If you are lucky the upholsterer will just pad over any carvings and then place the fabric over.  In this case it seems that the carvings were scraped away when the canape was later updated.  With all of this in mind the canape ultimately failed to sell at its estimate of €200,000-300,000.  I am sure we will see this work again very soon.  

All of the lots sold were purchased in the room by Galerie Vallois with the venerable Cheska Vallois doing the bidding.  She famously purchased Eileen Gray's "Dragon" armchair from the Yves Saint Laurent sale for the stratospheric sum of $28,238,277.  She along with her husband Bob were critical in rediscovering the importance of art deco in the late 1960s and rightfully hold the keys to the Rateau and Eileen Gray markets.  I expect to see the Alba suite again, perhaps at the next Paris Biennale, that is of course unless Vallois was bidding on behalf of a private client, then dear readers....all bets are off.    As before, these works may not be seen for a few generations.  Until next time I leave you with a video of Cheska Vallois discussing her passion for art deco produced for the 2012 Biennale--AR

Sunday, March 3, 2013

Rateau's Commission For the Duchess de Alba to be Sold at Christie's Paris

In researching my previous post on Eileen Gray and her retrospective at the Centre Pompidou, I thought of planning a trip to Paris. I did a little digging considering the upcoming auctions I could take-in....and I am glad I did.  Christie's has announced that they will be selling Armand-Albert Rateau pieces from my favorite of his commissions, the private apartments of the Duchess of Alba, doña María del Rosario de Silva y Gurtubay (1900-1934), in the Liria Palace, Madrid. Commissioned between 1920-1921 by her husband, Jacobo Fitz-James Stuart y Falco (1878-1953), 17th Duke of Alba.
Duchess de Alba's Bathroom, Liria Palace, Madrid circa 1922  Image via Musee Des Arts Decoratifs, Paris
As faithful readers may notice, I have mentioned this room in a previous post and am simply ecstatic that I will be able to see some of these pieces in the flesh at long last.  According to the press release:
The House of Alba has decided to sell the Armand Albert Rateau furniture commissioned by the 17th Duke of Alba, don Jacobo Fitz-James Stuart in the early 1920s in France, in order to support the funding of its heritage and of its various palaces throughout Spain as well as supporting new projects for the family. This is part of a general reorganization undertaken by the House of Alba, as illustrated by the recent exhibition ‘El Legado Casa d’Alba’, the first ever organized in Madrid between December 2012-March 2013. These pieces of furniture are all that remain of a larger ensemble that no longer exists. They do not form part of the historic collection of the House of Alba nor do they relate to the history of Spain”, stated the House of Alba.
Duchess de Alba's Bathroom, Liria Palace, detail of niche  Image via Musee Des Arts Decoratifs, Paris
While exciting on many levels it settles a long scholarly debate, that this interior was in-fact dismantled at some point and no longer exists.  Hopefully the Christie's catalogue will shed more light on the details when it is issued.  According to Christie's expert Sonja Ganne the pieces consigned include:
Alba Commission Torcheres     Image via Christie's
Alba Torcheres, detail     Image via Christie's
  • Two green patinated bronze floor lamps "aux oiseau" offered as individual lots at €1,500,000-2,000,000 each.
Alba comission bronze and marble low table "aux oiseau"   Image via Musee Des Arts Decoratifs, Paris
  • A dark green patinated bronze and black marble low table "aux oiseau" at €1,500,000-2,000,000
Alba commission patinated bronze and marble dressing table Image via Musee des Arts Decoratifs , Paris
  • A deep green patinated bronze and black marble dressing table at €600,000-800,000
Alba commission carved giltwood and bronze adjustable daybed  Image via Musee des Arts Decoratifs, Paris
  • A carved giltwood and patinated bronze adjustable daybed at €400,000-600,000
Alba commission parcel gilt carved wood canapé "aux cols de cygne" Image via Musee des Arts Decoratifs, Paris
  •  A parcel gilt carved wood canapé "aux cols de cygne" at €200,000-300,000
Alba commission carved white marble bath tub Image via Musee des Arts Decortifs, Paris
  • A carved white marble bath tub at €150,000-200,000
The line-up is astonishing and I feel that the estimates are actually quite conservative given the rarity of Rateau's works and the fact that these pieces come directly from this original coveted commission.  The torcheres are the same model that were utilized in Jean Lanvin's bathroom (now in the Musee des Arts Decoratifs, Paris).  To my knowledge a torchere of this model has not been up at auction in the past few decades, if ever.
Rateau design for a floor lamp variation  Image via Fonds Rateau
Two similar and less ornate lamps were offered as successive lots at the Delorenzo tribute sale at Christie's New York in December 2010 achieving $842,500 and $1,142,500 respectively.
One of two Rateau lamps offered in the Delorenzo Sale at Christie's New York   Image via Christie's
A similar example was offered at Christie's Paris from the amazing sale of the Collection of Claude and Simone Dray in June of 2006, then making $1,302,782.
Related Rateau torchere from the Claude and Simone Dray sale, Christie's Paris  Image via Christie's

Also in the Dray sale was a slightly more elaborate version with an ivory switch...the rare variation was reflected in the price as it achieved a staggering $2,307,673.

Variant Rateau torchere from the Claude and Simone Dray sale, Christie's Paris  Image via Christie's
It is this variant nature and the rare Alba provenance that lead me to believe that the Alba torcheres will each soar past their estimates of €1,500,000-2,000,000.
Rateau design drawing for the table "aux oiseau"  Image via Fonds Rateau
Now on to the table "aux oiseau".  This is a model, that while rare, was a staple for well heeled Rateau clients most notably Jeanne Lanvin who had one in her bedroom.
Jean Lanvin's "table aux oiseau" at the Musee des Arts Decoratifs, Paris    Image via Musee des Arts Decoratifs, Paris
The last example at public auction was a variant of the Alba/Lanvin model with closer set, more arched birds centered by a flower and lacking the tray top opting for just the simple marble slab.
Rateau "table aux oiseau" from the Claude and Simone Dray Sale, Christie's Paris  Image via Christie's
This table not surprisingly also came from the Christie's Paris Dray sale in 2006 where it achieved $2,601, 667.  It appears that the Dray table was presented at the booth of Galerie Vallois at the Biennale des Antiquaires in Paris this past September.  Again, with this price as a base line I feel that the Alba table will blow through its estimates of €1,500,000-2,000,000 given its rarity and provenance.
Rateau Design for a vanity table   Image via Fonds Rateau
Now the vanity table is a Rateau design icon that turns-up with and without the mirror.  Jeanne Lanvin had a variant in her Paris apartment (on view at the Musee des Arts Decoratifs, Paris) and one presently resides in the collection of the Metropolitan Museum of Art, New York.
Rateu dressing table at the Metropolitan Museum of Art, New York  Image via Metmuseum.org
Rateau's variant dressing table for Jeanne Lanvin  Image via Musee des Arts Decortifs, Paris
The last example at auction once again came from the Collection of Claude and Simone Dray at Christie's Paris in June of 2006.  It realized a heady €1,916,000 against a seemingly conservative €500,000-700,000.
Rateau dressing table from the Dray Collection  Image via Christie's
With this in mind, once again the example from the Alba commission seems conservative at €600,000-800,000.
Rateau's adjustible daybed from the Alba commission shown in two positions  Image via Editions de L'Amateur
There is no comparable for the Alba daybed which makes sense as the literature suggests that it is unique.  The period images above show it in two positions and with its original ocelot fur upholstery.  Thankfully for us it was photographed more recently with both the head and foot in raised positions making it a more versatile curule form bench.
Rateau adjustible daybed shown with ends raised   Image via Editions de L'Amateur
Rateau's carved wood furniture typically does not reach the prices of his works in bronze. But, the fact that it comes from the Alba commission and is apparently a unique work, I expect bidders to completely ignore the sale estimates of €400,000-600,000.

UPDATE:  The catalogue is out and it has recently come to light that there are two examples of this daybed.  The example above in the cream upholstery was part of a Rateau exhibition at Delorenzo Gallery, New York in 1990.  Its present whereabouts are unknown...

Now onto the parcel giltwood canapé "aux cols de cygne".  There is not an auction precedent for this work to my knowledge and its rather historicist Empire style form seems right at an estimate of €200,000-300,000.  I still think that it will go well over the high estimate, but it is not the most highly prized work in the offering.  It is by no means a unique work, but I personally have not encountered one in in the flesh.  The Alba model appears to have been originally covered in a dark satin or dark short haired fur and the literature shows this period image of the same model covered in a light striped fur.
Rateau canape "aux cols de cygne"  Image via Fonds Rateau
In the period, the model was also seen at the 1925 Paris exposition where Rateau recreated the Alba bathroom at the Arnold Seligmann Gallery on the Place Vendome.  The example at the exhibition was covered in a striped fabric and had a minimally carved seat rail.
Rateau installation at Arnold Seligmann Gallery, Paris 1925   Image via Fonds Rateau
Last but not least we come to the tub.  It is a great object, but as with all site specific works and architectural elements it will prove to be a tough sell which is reflected in its relatively modest €150,000-250,000 estimate.  Hopefully it still has its sculptural bronze taps and spout as this will help.  However, at the end of the day, you need that special client who has a vision and is willing to design an entire room around this dreamy sunken tub.  This type of client can prove to be elusive and if the piece passes it will be hard to sell in a later auction stripped of its context.  But I will think good thoughts.
Alba commission carved white marble bath tub Image via Musee des Arts Decortifs, Paris
As a final thought, I mused over the press release's rather adamant stance that "these pieces of furniture are all that remain of a larger ensemble that no longer exists".  As you peer once more into the period images you notice a second pair of floor lamps, a bronze mounted alabaster floor vase, a small vanity chair and tabouret that are unaccounted for.  
Duchess de Alba's Bathroom, Liria Palace, Madrid circa 1922  Image via Musee Des Arts Decoratifs, Paris
Detail showing vanity chair    Image via Musee Des Arts Decoratifs, Paris   
Detail showing floor vase    Image via Musee Des Arts Decoratifs, Paris   
Detail image showing low stool/tabouret   Image via Musee des Arts Decoratifs, Paris
Who knows where these pieces are or if they will ever surface and don't get me started about the elaborately lacquered and painted walls.  If you look at the plan you see that it was a round room created by cleverly framing out a square room, thus creating concealed niches for the sink, w.c., closet, and an alternate exit/staff access.
Plan of the Duchess de Alba's bathroom.  Image via Fonds Rateau
For color images of this type of Rateau painted decoration see my previous post on the subject.  I plan to provide updated information as we learn more about the Alba consignment at Christie's.  Until next time--AR.

UPDATE:
It has come to my attention that Galerie Vallois presented a canapé "aux cols de cygne" with a matching chair at the 2004 Paris Biennale des Antiquaires.  The pieces came from a group of works that were from the apartment of Jeanne Lanvin circa 1920.
Galerie Vallois Rateau Installation at the Paris Biennale des Antiquaires in 2004   Image via Galerie Vallois