Today, no one can guarantee 100 percent authenticity of certain art objects.
Auction house Sotheby’s gives a guarantee on the authenticity of a work of art for two years.
Often, the quality of fakes exceeds the level of expertise.
A joke is popular among art historians: “… Do you guarantee that this picture is genuine? – Of course. The guarantee is two years …”
Sunflowers 4. Vincent van Gogh
Sunflowers Vincent Van Gogh.
The picture of the famous Dutchman “Sunflowers”, sold for almost $ 40 million at Christie’s auction, turned out to Continue reading
Making money on art is more difficult than just putting money in a bank and waiting for interest to accrue. However, the modern art market and antiques often bring more serious returns to investors than deposits or stocks.
Not a single antique dealer is engaged in investments in art as actively as stock market players, say the leaders of galleries and auction houses. And over the past year and a half, individuals began to acquire eternal values much more often than banks and large companies. Many investors known today started from scratch: consulted with specialists, visited art salons and fairs, determining the style in which they were interested in investing money. Among people investing in antiques and contemporary art, there are Continue reading
The first market for fine arts was captured by commissioner pioneer former navy officer James Christie Sr.. Having arranged the first sale in 1766 in London, he soon already owned a room with a specially built auction room for him. Christie owed her heyday to the 1848 revolution, which marked the “era of great sales.” It is believed that it was Christie who turned the trade in antiques into art – the largest auctions of the 18th and 19th centuries were held here. And by the way, none other than James Christie himself acted as an intermediary in a deal to sell the collection of paintings by Sir Robert Walpole to the Russian Empress Catherine II. The purchased collection of works of art became the basis of the future Hermitage Museum.
The founder of Sotheby’s was book seller Samuel Baker, who held his first auction in 1744 in London and published the first book catalog with fixed prices. In 1754, Baker opened a permanent auction house. For a century, Baker and his successors specialized exclusively in books and were the organizers of the auction of all famous libraries, including the libraries of Prince Talleyrand, the Dukes of York and Buckingham, and the Napoleon Library, which the emperor took with him to exile on St. Helena. Continue reading