TEFAF 2013 - Loraine Bodewes
TEFAF Maastricht 2013 closed on Sunday March 24th. During the course of the event, which ran from 15th-24th, March, more than 70.000 visitors from all over the world came to the Fair including some of the most active international private and institutional collectors from around the globe. Sales throughout the Fair were strong and reflected the findings of the TEFAF Art Market Report, which stated that, ‘Economic dynamics and political uncertainties have produced volatility in many asset markets with a “flight to safety” and premium on blue-chip stocks and low risk assets. A similar picture has emerged for art, with the heaviest buying and best performance concentrated at the high end of the market for the best-known artists’.
Sales took place throughout the Fair from the first day to the last. Towards the end of the Fair, Koetser Gallery, Zurich (stand 340) was delighted to report the sale of Alexander and Roxanna, oil on panel, by Sir Peter Paul Rubens (1577-1640).
Ben Janssens, Chairman of the Executive Committee said, ‘It is gratifying that despite the economic downturn, sales, particularly for the best pieces here, have been strong. The reputation of TEFAF Maastricht as the best Fair in the world is supported by the level of business achieved here in 2013. From this very strong base we feel confident to explore the exciting prospect of launching TEFAF Beijing in 2014’.
TEFAF 2013 was delighted to welcome many representatives from over 220 museums. The list of museums that sent delegates to the Fair ranged from small regional museums to major international institutions and included the Asian Civilisations Museum, Singapore who purchased a pottery figure of a hare, Han dynasty (206 B.C. – 220 A.D.) at Ben Janssens Oriental Art, The Metropolitan Museum, New York; Museum of Modern Art, New York; The Louvre, Paris. Even more museum purchases are expected to be confirmed in the coming weeks and months. Wim Pijbes, Director of the Rijksmuseum, Amsterdam, commented, ’Even the most indulged museum director will see things at TEFAF that are so unique that surprising purchases can be made’.
The marketing and media operation behind TEFAF Maastricht is an integral part of its success. During the course of the Fair, more than 500 members of the press from over 20 different countries from all over Europe, the Americas, Asia and Australia registered at the TEFAF Press Office.
TEFAF Showcase was founded in 2008, to give young dealers the opportunity to exhibit at a major international event on a once-only basis. Sinai & Sons were one of the Showcase exhibitors at the 2013 Fair. Raphael Sinai said, ‘We have very much enjoyed the experience of exhibiting at TEFAF Showcase. It has enabled us to show our eclectic mix of late 19th-and early 20th-century European and Asian works of art to a new audience of international private and institutional collectors’.
Dr Ulrich Guntram, AXA Art’s Global CEO said. ‘Once again TEFAF outperformed in engaging art lovers and connoisseurs with best-in-class offerings in fine art, antiques and historical objects. We look forward with great anticipation to the Fair’s next edition’.
Former TEFAF Showcase exhibitor, Didier, who specialises in jewellery by post-war painters and sculptors, was this year invited to exhibit in TEFAF Design. Willem, Baron van Dedem, President of the TEFAF Board of Trustees bought three pieces from the new exhibitor and commented, ‘Didier is an excellent addition to the Fair, the concept of jewellery designed by well-known artists is perfect for TEFAF’.
Martin Clist, Director of Rossi & Rossi specialists in Tibetan and South East Asian Art, returning to the TEFAF after eighteen years, commented, ‘We are very pleased to be back exhibiting at TEFAF. We have seen important museums and individuals every day; the Fair also gives us the chance to meet up with our fellow dealers and peers and to knit up the threads of business relationships and friendships in a way that is not possible elsewhere’.
The loan exhibition of Van Gogh’s drawings: Masterpieces from the Van Gogh Museum, which could be viewed in TEFAF Paper, was supported by AXA Art. Axel Rüger, Director of the Van Gogh Museum, said, ‘TEFAF is the place to see countless rare works of art, and our eighteen seldom-exhibited drawings by Vincent van Gogh fit seamlessly among them. In this unique, and for us new environment, the interest in art is abundantly clear. It is fantastic that the quality of the drawings is so appreciated by the interested and informed visitors’.
TEFAF Maastricht 2014 will take place from 14-23 March at the MECC Maastricht.
Jean-Michael Othoniel’s glass and steel installation is carefully being wrapped after it was sold at Kukje Gallery
22nd March 2013 – Sales continued throughout the Fair at TEFAF Maastricht 2013. Exhibitors observed that it was the best objects that found buyers most readily – reflecting the trend reported in the wider international market.
In TEFAF paintings, many observed that the standard of pictures was particularly high in 2013 putting a lie to the oft reported notion that the Old Master market is in its death throes. Dealers went out of their way to bring fresh, privately sourced stock to the Fair. Works bought at auction where exhibitors added value through research, restoration and sometimes reattribution also had no difficulty finding buyers.
Otto Naumann reported the sale of a vibrant large-scale work by Carlo Marrata (1625-1713), entitled The Birth of the Virgin, which had the asking price of $4.9 million. Jack Kilgore & Co was delighted to sell A Woman Tuning a Lute by the Dutch Caravaggist painter, Gerrit Hermansz. Van Honthorst (1592-1656) to a North American museum. A beautifully, fluid painting depicting Cleopatra with the asp by Sebastiano Ricci (1659-1734) was sold Jean-Luc Baroni.
TEFAF Modern also saw some lively buying. Marlborough Galleries exhibited, amongst others, the work of Manolo Valdés in the hope of further building the market for this exuberant New York based Spanish artist in Europe and were pleased to sell three major works to separate collectors: Dama, 2012, oil on burlap; Retrato en blanco y rojo, 2012, oil on burlap and Infanta, VI, 2012 a unique sculpture in alabaster.
Von Bartha reported meeting a number of high net worth and ultra high net worth individuals at TEFAF 2013 and reported healthy sales including one of the most well-known drawings by Roberto Matta (b. 1938), Nerf-cerfs volants, and an iconic work by Gerhard von Graevenitz (1935-1983) Weisse konkave Elipse auf schwartz, 1971 and 1973, which sold to an important private Swiss collector. Kukje Gallery reported strong sales including an untitled work made from Murano glass and steel in 2011 by Jean-Michel Othoniel (b. 1964).
Jewellery performed well at TEFAF in 2013, with works by René Lalique proving exceptionally popular. Lalique was once described by the famous businessman and art collector Gulbenkian as, “…he (Lalique) ranks amongst the greatest figures in the history of art of all time, and his masterful touch, as well as his exquisite imagination, will excite the admiration of future cognoscenti…”. Wartski sold an extraordinary gold, enamel and gem-set necklace by Lalique consisting of four separate panels formed from intertwining damselflies to a new private collector: the necklace had an asking price of €1.3 million.
Hancocks sold an exceptional Lalique brooch made from yellow gold, enamel and old cut diamonds in the form of two Papillon de Nuit in flight with their wings open from 1907, which had an asking price of $1 million. Epoque Fine Jewels sold a plique-à-jour enamel, aquarmarine and diamond pendant in the shape of four dragonflies by Lalique from 1903 to a European collector and A. Aardewerk Antiquair Jeweller also reported selling a number of pieces by the Art Nouveau master.
Nomos were delighted to sell the Trinity medal (Moritz-Pfennig). The medal was made in 1544 during the Reformation by Hans Reinhart the Elder (c. 1510-1581) in Leipzigfor Maurice, Duke (1541-1547) and Elector (1574-1553) of Saxony during. The medal is regarded as Reinhart’s greatest medal as well as being one of the most important medals of the German Renaissance. It sold to a German private collector and had an asking price of €245K. Kunstkammer Georg Laue sold a wonderful fruitwood carved sculpture of Chronos, from circle of Balthasar Permoser to a private New York collector.
Asian art dealers Littleton & Hennessy Asian Art sold a number of pieces to Chinese collectors including a massive sacrificial blue bottle vase, Tianquping – Yongzheng mark and period (1723-1735) and an 18th-century carved bamboo brush pot, inscribed and signed by one of the most celebrated artists of this time, Gu Jue. Both pieces had an asking price in the region of €1m.
First time exhibitors to the Fair, Yufuku Gallery were delighted to report that The gallery sold 90 per cent of the objects on their stand in the first four days and were hopeful of selling everything they had brought to TEFAF by the end of the Fair.
TEFAF Maastricht 2013 continues at the MECC Maastricht until March 24th, 2013.
Patrick van Maris - Senior Director Global Initiatives Sothebys, Patti Wong - Chairman Sothebys Asia, Ben Janssens - Chairman TEFAF
Photo: Pieter de Vries
The world’s most important art & antiques fair is exploring the possibilities of expanding into China via Sotheby’s Beijing Joint Venture PlatformMaastricht, 19th March 2013 – TEFAF announced today that it has entered into exclusive discussions with Sotheby’s to explore the possibilities of developing a high-end art fair for China, via Sotheby’s Joint Venture in Beijing with GeHua in 2014. “TEFAF Beijing 2014” would represent a ground-breaking collaboration between a leading international auction house and the world’s most important art and antiques fair.
Ben Janssens, Chairman of TEFAF’s Executive Committee, said: “It has always been TEFAF Maastricht’s aim to be responsive to global trends in the art market. We feel now is the time to further develop our presence in China, one of the most important art markets. As TEFAF has in recent years made great efforts to explore the market in China, we are excited to have agreed with Sotheby’s exclusively to explore the possibilities of a partnership with Sotheby’s Joint Venture to establish “TEFAF Beijing”. TEFAF is committed to contribute to the further growth of the market for European Art in China by facilitating a high end art market platform for Chinese collectors and international art dealers.”About TEFAF:
The European Fine Art Foundation, TEFAF, was founded in 1988 in Maastricht, The Netherlands, by art and antiques dealers to run an international art and antiques fair of the highest quality, The European Fine Art Fair, known as TEFAF Maastricht. From its very beginning the Fair installed a strict vetting procedure and 175 international experts in 29 vetting committees check every work of art for its quality, authenticity and condition. TEFAF Maastricht was also the first Fair to introduce the Art Loss Register, the world's largest private database of stolen art. Thus visitors to the Fair can buy with the highest possible confidence. In its 26 years of existence TEFAF Maastricht has become a major annual meeting point for the global art market. Each year in March the Fair attracts over 70,000 private collectors, art advisers, art dealers, interior designers and representatives of over 200 major museums. Visitors come from circa 55 countries from all over the world.TEFAF Maastricht continues at the MECC Maastricht until March 24, 2013.
Johnny Van Haeften and Emilie Gordenker, Director of museum Mauritshuis
Maastricht, 17 March 2013 - 9,197 guests from all over Europe and beyond braved icy conditions and disrupted transport to attend the Private View at TEFAF Maastricht on March 14th. Early sales were strong and masterpieces were bought by both private collectors and museum buyers with many other items being reserved for consideration. Sales continued on the first public days of the Fair. TEFAF Maastricht continues until March 24, 2013.
Dr. Clare McAndrew, author of TEFAF Art Market Report 2013, presented the report at the TEFAF Art Symposium, Rising Stars of the Art World on Friday March 15th. The report, which examined the global art market with a focus on China and Brazil, referred to a highly polarised market with the heaviest buying and best performance concentrated at the high end of the market for the best-known artists. Early sales at TEFAF confirmed this trend with a number of important objects being sold at the Private View and on the first public day.
During the Private View the Director of museum The Mauritshuis announced that it had acquired the earliest known easel painting by Paul Bril (c. 1554-1626), Mountainous Landscape with Saint Jerome (1592), oil on copper, from Dutch Old Master specialist Johnny Van Haeften (304). Van Haeften was also delighted to sell one of the highlights from his stand The Meeting of Odysseus and Nausicaa, a wonderfully exuberant tour de force by Jacob Jordaens (1593-1678), which had an asking price of £4.2 million.
Sales in TEFAF Modern were also strong with Patric Derom Gallery, Brussels, (stand 447) selling René Magritte’s Le Miroir invisible, gouache on paper, 1942, while Van der Weghe Fine Art, New York (stand 522) sold a number of pictures including Homme au Chapeau, 1964, oil and ripolin on canvas by Pablo Picasso (1881-1973) which was bought by well-known collector Ronald Lauder and a major work mixed media work by Roy Lichtenstein (1923-1997) from 1962, entitled The Den.
TEFAF Antiques is not only the largest section of the Fair but regarded by many as its treasure house. Paris dealer, J. Kugel (stand 200) sold an extraordinary silver vase representing Neptune taming the waves and the triumph of Galatea made for the Duke of Luynes by Antoine Vechte in 1843. The piece was purchased for the Rijksmuseum, Amsterdam through the generosity of a Dutch private collector. A marble sculpture by Jean-Baptist Carpeaux (1817-1875), signed and dated, 1874, was sold by Daniel Katz, London (stand 100) to a private English collector.
Ben Janssens Oriental Art, London (stand 202) reported a very strong start to the Fair selling a significant number of items to both new and established collectors including the centrepiece of his stand, an important Chinese bronze vessel, Fanghu from the Warring states period to early Western Han dynasty, 4th-3rd century BC, which sold to a European private collector for €300K. An exceptionally rare and fine gem set agate and gold mounted nécessaire cabinet with inset watch made by Thomas Grant of London in 1760 as a gift for the Chinese Imperial Court was sold by Somlo Antiques, London to a Chinese collector.
TEFAF gives online collecting advice
TEFAF organises Twitter consult to give art lovers from around the world online advice on building their art collection. TEFAF’s principal sponsor AXA ART, represented by art expert Jonathan Levy, will answer questions posted on Twitter (@TEFAF) using #tefafconsult. The Twitter consult is scheduled during the Fair on Monday/Tuesday/Wednesday from 10.00 to 10.30hrs. Each day has its own topic, which will be announced on Twitter 24 hours in advance.
TEFAF Maastricht continues at the MECC Maastricht until March 24, 2013.
Maastricht, 14 March 2013. TEFAF Maastricht opens to the public on Friday 15th March 2013. The offering of fine and decorative arts is impressive as ever – the fair is full of the rare, the beautiful, the important and the recently discovered. TEFAF Maastricht takes place from 15-24 March 2013 at the MECC Maastricht.
Meeting of Masterpieces
One of the highlights presented by Johnny van Haeften (stand 304), is a magnificent, oil-on-canvas representation of the meeting of Nausicaa and Odysseus by Jacob Jordaens (1593-1678). The study for this composition - a cartoon for a tapestry, which was never executed - can be found on the stand of Jean-Luc Baroni (stand 382). The two works have been united at the Fair for the first time in many centuries.
Highlights of modern art
TEFAF has a reputation for exhibiting major works by leading 20th-century artists, such as a charming portrait 'Le Chasseur' by Chaim Soutine (1893-1943) from 1928 with Landau Fine Art (stand 414). Applicat-Prazan (stand 442) is exhibiting a seminal work by Jean Dubuffet, a large-scale collage on canvas entitled 'Site Urbain' of 1962, one of the earliest works from his Hourloupe period. Van de Weghe Fine Art (stand 522) is showing 'The Den', a mixed media collage on board by Roy Lichtenstein (1923-1997), from 1990-1996.
The Antiques section offers an extraordinary overview of decorative arts. Galerie Perrin (stand 104) is offering an elegant bureau plat made by Jean-Henri Riesener (1734-1806) that was formerly in the collection of Prince Murat, a title created for the brother-in-law of Emperor Napoleon I. A highlight of Gisèle Croës (stand 133) is a large archaic bronze vessel, called a Lei, with openwork crown, made in the Spring/Autumn period (770/4818 BC).
Design from around the world
Galerie DOWNTOWN François Laffanour (stand 605) will show a unique bookcase from 1966, and an irregular hexagonal table from 1949 by Charlotte Perriand (1903-1999). The table stood in Perriand's flat in Rio de Janeiro. Sebastian + Barquet (stand 610) is devoting their stand to an exhibition of works by the renowned American designer George Nakashima (1905-1990).
The new TEFAF Art Market Report
Maastricht, 14 March 2013. The seemingly unstoppable growth of the Chinese art and antiques market came to a halt as it shrank by almost a quarter during 2012 enabling the United States to resume its traditional place as the world’s biggest market, reveals a report published tomorrow (Thursday 14 March). The TEFAF Art Market Report 2013 - The Global Art Market with a focus on China and Brazil also shows that amid slowing growth and continuing uncertainty in the global economy, the worldwide market in art and antiques contracted by 7% to €43 billion in 2012. The report says that many art buyers are minimising risk by opting for the best-known artists at the top end of the market with Post-War and Contemporary Art performing strongly.
The report has been compiled by Dr Clare McAndrew, a cultural economist specialising in the fine and decorative art market and founder of Arts Economics. It has been commissioned by The European Fine Art Foundation, organisers of The European Fine Art Fair (TEFAF) , which opens to the public in the Dutch city of Maastricht on Friday (15 March) and continues until 24 March at the MECC (Maastricht Exhibition and Congress Centre). TEFAF Maastricht, the world’s leading event of its kind, is renowned for its commitment to excellence, expertise and elegance. It is the Fair that defines excellence in art.
In 2011 China became the world’s principal market for art and antiques for the first time with sales soaring to 30% of the global total but slipped back dramatically in 2012. The TEFAF Art Market Report says: “The Chinese art market began to decelerate for the first time in three years with aggregate sales values dropping by 24% to €10.6 billion, reverting to second place behind the US in terms of global market share. The main reasons for the deceleration in growth were both demand factors (including a slowdown in economic growth and continuing liquidity constraints) and a reduced amount of high quality, high priced works coming onto the market. Many art funds and other speculative investors also reduced their participation in the market during the year.”
The report has also undertaken the first-ever in-depth study of the art market in Brazil, one of the world’s key emerging economies. Sales in the Brazilian art market in 2012 were an estimated €455 million, about 1% of the global total. Brazil’s principal significance has been through the buying power of its growing number of wealthy collectors. But restrictive tax and import regulations remain a major stumbling block to the international development of the Brazilian art market.
The principal findings of the report are:
■ Slowing economic growth and continuing uncertainty in the global economy filtered down to the art market in 2012 with global sales contracting by 7% from €46.4 to €43 billion.
■ A key factor in the decline was a slowdown in the Chinese market. Auction sales in China, the main engine of growth, dropped by 30% in 2012.
■ However the decline in China was counterbalanced by an increase of 5% in US sales figures to €14.2 billion.
■ The global reshuffle of art market share continued in 2012 with the US regaining its premier position with 33% (up 4% on 2011) while China dropped to 25% (down 5%). The United Kingdom remained third with 23% (up 1%) .
■ Economic and political uncertainties have produced volatility in many asset markets with a flight to safe blue-chip stocks and low risk assets. A similar picture has emerged for art with the strongest performances recorded by well-known artists at the top end of the market.
■ Post-War and Contemporary Art was the largest fine art sector of the market with a 43% share by value. It performed strongly, increasing auction sales by 5% to almost €4.5 billion, its highest ever recorded level.
■ The Modern Art sector was the second largest with a 30% share of the fine art auction market but, after peaking at €3.8 billion in 2011, auction sales dropped by 17% to €3.2 billion in 2012.
■ Sales in the private retail and dealer sector dropped by 4% to an estimated total of €22.2 billion. Like auctions, segments of the market fared differently with the lower end of the market recording the weakest performance.
■ The volume of transactions in the global art market in 2012 decreased by just under 4% to 35.5 million. This was down by nearly 30% on the pre-recession boom year of 2007.
Dr McAndrew will present the findings of her report at the second TEFAF Art Symposium on Friday 15 March. The 2013 event entitled Rising stars in the art world. Emerging markets and top performing artists will take place from 10.00 to 11.45 hrs in room 2.1 of the MECC (Maastricht Exhibition and Congress Centre). For more information and registration please see www.tefafartnews.com .
Copies of the report at €20 each excluding postage, can be ordered through the TEFAF website www.tefaf.com.
TEFAF Maastricht 2013 visitors will be welcomed by a huge, colourful installation by the Portuguese artist Joana Vasconcelos
, entitled Mary Poppins
. Apparently weightless and gravitating in space, Mary Poppins
’ six protective elongated arms of 7 metres (7,65 yards) calls to mind the magical nanny popularized by P.L Travers’ children’s novels.
Mary Poppins is made from pre-existing materials and mass-produced objects along with other hand-made crochet and knitted fabrics, collected by Joana on her travels with textiles originating from the UK.
After artists like Jeff Koons and Takashi Murakami, Joana Vasconcelos was the first woman and the youngest artist to show her work in Versailles. This exhibition took place in 2012. http://www.joanavasconcelos.com/video.aspx?oid=478&vid=81
Mary Poppins will be the largest contemporary art work for sale at TEFAF Maastricht (15-24 March 2013). For more information please contact: Haunch of Venison (www.haunchofvenison.com) or Galerie Nathalie Obadia (www.galerie-obadia.com).
The free TEFAF Mobile Guide for iPhone and Android helps you to get the most out of your visit to TEFAF. It offers a selection of objects, videos, an overview of exhibitors and restaurants at the fair, and information to help you enjoy your visit to Maastricht to the full.
You can even try out a number of objects at any location with the app's Try Out TEFAF function! Take a picture and share it on Facebook or Twitter.
Go to www.tefaf.com/mobile for more information and to download the TEFAF app.
The TEFAF Art Symposium 2013 will be held on Friday March 15th. Following the successful introduction of the Art Symposium at TEFAF last year, artists, collectors and art market experts will take part in the 2013 event entitled Rising Stars in the Art World: Emerging Markets and Top-Performing Artists.
The symposium will start with a review of the global art market during 2012 and highlight the two very different emerging markets of China and Brazil. It will look at their development over the last few years, focusing on why each market has come to global attention. Arts economist Dr Clare McAndrew will present the findings of the latest TEFAF Art Market Report on these issues, which will be launched in March 2013. The second theme will be 'Top performing artists: why they dominate the market and how they continue to do so'. This will be introduced by an artist and a collector and further discussed by a panel.
More information and registration: www.tefafartnews.com
The Worcester Art Museum in the United States and the Ashmolean Museum in the United Kingdom are to receive grants from the TEFAF Museum Restoration Fund to help them carry out important conservation projects.
The Ashmolean Museum in Oxford is to carry out a conservation project on two candelabra by the Italian artist Giovanni Battista Piranesi (1720-1778). The Worcester Art Museum in Worcester, Massachusetts is to restore a pair of portraits by the 18th century British artist William Hogarth.
The Fund was set up by TEFAF Maastricht, as one of its 2012 Silver Jubilee initiatives and provides up to €50,000 each year to help institutions around the world conserve works of art in their collections. A panel of independent, international experts considered many applications from museums before selecting the two winning projects, which will each receive €25,000.
For more information on the Fund and these projects go to the TEFAF Museum Restoration Fund page.
Vincent van Gogh (1853 - 1890), The Yellow House (The street), Arles 1888
Van Gogh Museum, Amsterdam (Vincent van Gogh Foundation)
Over the past 25 years TEFAF Maastricht has established an unrivalled reputation as the world’s leading fair for art, antiques and design. Now The European Fine Art Fair aims to strengthen this position by adopting a new corporate identity and by focusing on three core values – Excellence, Expertise and Elegance. These project and reinforce the character of a fair that defines excellence in art and attracts collectors, connoisseurs, curators and art market professionals from around the world.
The new logo
TEFAF Maastricht has a new logo with a stylised falcon and a stronger typography for the Fair’s title. The need for a more contemporary appearance meant that the falcon, the Fair’s traditional symbol, needed to be redesigned. The new look reduces it to its essence creating a more modern, appealing and dynamic symbol. The diagonal lines were kept to create a sense of movement and the new typography, which is exclusive to TEFAF, was inspired by the falcon’s shape. Just like the falcon’s eye, which is one of the most accurate in nature, the symbol reminds us of the importance of focusing on the essential. This kind of precision and detail is also to be found at the Fair.
The colours of the new logo and house style, developed by Brandia Central from Lisbon, are red, white and black. The traditional falcon reminds Fair participants and visitors alike of the Dutch city of Valkenburg, which means Falcon’s borough or fortress where the Fair’s predecessor was held for a few years.
TEFAF organised its first “Taste of TEFAF”, a unique exhibition in Casa Petra in Sao Paulo from 25-28 October 2012. No less than 31 international dealers who take part in TEFAF exhibited 74 works of art at an fundraising event of Childhood Brazil. This charity organisation works to protect children and teenagers from sexual exploitation. It was the first time TEFAF showed some of its highlights in the build-up to the next Fair, that will take place from 15-24 March 2013. Click here
to view images of the event.
Childhood Brazil is an international institution founded in 1999 by Her Majesty Queen Silvia of Sweden
with the aim of protecting childhood and guaranteeing that children can live like children. Since then the foundation has been fighting for children to grow up free from sexual abuse and exploitation. It has six programmes of its own and also works on three special projects. The organization has already supported 108 projects through 60 organizations, benefiting more than 1.5 million people among whom are children and adolescents, their families and professionals in the different sectors involved.
This foundation supports projects, develops regional and national programmes, influences public policies and transforms the life of many children and adolescents. It also educates and offers guidance on how to deal with the problem, promoting prevention and creating protection networks for boys and girls. With its headquarters in Sao Paulo, Childhood Brazil is registered as a Public Interest Civil Society Organization and as a Human Rights Organization.http://www.childhood.org.br/
The first MasterArt Collectors' Event in St. Petersburg was held in the beautiful Derzhavin Palace Museum. The elegantly dressed guests were welcomed by Henry Blundell and Prince George Yourievski, the organisers of the evening. Highlight of the event was a TEFAF Maastricht presentation in the beautiful small theatre of the museum. Collectors, museum curators and directors and art advisers were able to meet and discuss their passion: art.Click here
to view more images of the event.
Picture: Eduardo Mercado Ocampo Santiago - Vice President at the Chamber of Commerce Mexico-Spain, & his wife Yolanda Escobar Lago
First row, from left to right: El Anatsui’s Prophet, Dutch A still life of a ham by Cornelis de Heem and Chinese porcelain ‘soldier’ vases
Second row, from left to right: Portrait of a gentleman by Velázquez, Kaare Klint's Easy chair and Lucio Fontana’s Concetto Spaziale
A unique exhibition is to be held in Sao Paulo from 26 – 28 October 2012. No less than 31 international dealers who take part in TEFAF Maastricht will exhibit 74 works of art at an event to raise funds for important social projects run by Childhood Brazil, a national organization which works to protect children and teenagers from sexual exploitation. It is the first time that TEFAF has allowed such a glimpse of some of its highlights before it opens its doors.http://www.childhood.org.br/
To celebrate this partnership and to mark the opening of the exhibition, Childhood Brazil and TEFAF Maastricht are holding an exclusive cocktail party on 25 October in Casa Petra in Sao Paulo. The exhibition itself will be open to the public and the money raised from its suggested entrance price (R$30) will be donated to Childhood Brazil. Both TEFAF Maastricht and the exhibitors are also making donations to Childhood Brazil.
The show staged by TEFAF Maastricht exhibitors from around the world will include a superb cross-section of the works of art for which the Fair has become renowned ranging from Old Master paintings to modern art and design. Otto Naumann from New York will exhibit Portrait of a gentleman, bust length in a black tunic and white golilla collar by the great Spanish painter Velázquez, while Johnny van Haeften from London will be bringing the classic Dutch A still life of a ham by Cornelis de Heem.
Among the modern and contemporary works of art on display will be Lucio Fontana’s Concetto Spaziale shown by The Mayor Gallery from London and El Anatsui’s 2012 work Prophet brought to Sao Paulo by Axel Vervoordt from Antwerp.
Jorge Welsh of Lisbon will be displaying a pair of massive, 135 cm high, Chinese porcelain ‘soldier’ vases from the Qing dynasty while Mallett of London will maintain TEFAF’s reputation for high quality furniture by exhibiting a rare pair of 18th century English chairs. The Copenhagen-based Galerie Dansk Mobelkunst, which specialises in modern Scandinavian design, will show a 1935 chair by Kaare Klint, while Adrian Sassoon from London will display superb silver pieces by the contemporary Japanese artist Hiroshi Suzuki.
Childhood Brazil is an international institution founded in 1999 by Her Majesty Queen Silvia of Sweden with the aim of protecting childhood and guaranteeing that children can live like children. Since then the foundation has been fighting for children to grow up free from sexual abuse and exploitation. It has six programmes of its own and also works on three special projects. The organization has already supported 108 projects through 60 organizations, benefiting more than 1.5 million people among whom are children and adolescents, their families and professionals in the different sectors involved.
This foundation supports projects, develops regional and national programmes, influences public policies and transforms the life of many children and adolescents. It also educates and offers guidance on how to deal with the problem, promoting prevention and creating protection networks for boys and girls. With its headquarters in Sao Paulo, Childhood Brazil is registered as a Public Interest Civil Society Organization and as a Human Rights Organization.
In September 2012 Prince and Princesse Mourousy gave a wonderful dinner party in their Parisian residence for friends of Prince George Yourievsky and Henry Blundell to celebrate their recently launched new company MasterArt.com, a high end online art dealer platform and guide. The international art and antiques fair TEFAF Maastricht, represented by Board member Michel Cox Witmer from New York, Gaëlle de Bernède and Titia Vellenga, was presented during the dinner.
TEFAF Maastricht celebrated its 25th anniversary in 2012, which provided the opportunity both to celebrate the achievements of the past and examine the challenges of the future. 72.000 people visited TEFAF over the course of the Fair, of these 44% came from outside the Netherlands with a marked increase in buyers from Russia, China, Hong Kong and Singapore. 85% of visitors describe themselves as private buyers, of which more than 21% were visiting for the first time. Ben Janssens, Chairman of the Executive Committee commented, “Having participated in the Fair from the outset in 1988, I have been astounded by the number of new clients I have met and sold to this year.” Collecting interests of visitors were spread almost equally between the three biggest areas of the Fair - Old Master paintings (30%), antiques (36%) and modern and contemporary (34%). More than 34% of all visitors stayed at least one night in Maastricht or the surrounding area.
There were a number of special events held during the Fair to commemorate its Silver Jubilee. The TEFAF Art Market Report, entitled Observations of the Art Trade over 25 Years, prepared by Clare McAndrew, provided the springboard for TEFAF’s first ever art symposium – Collecting for Love or for Money? – which was held on Friday 16th March and attended by around 250 art lovers and international press. That evening a book written to celebrate the Silver Jubilee, Celebrating the best- twenty five years of TEFAF Maastricht, was launched at a reception attended by the Mayor of Maastricht, Onno Hoes, the President of TEFAF, Willem Baron van Dedem and a host of private collectors and distinguished museum directors. On Tuesday 20th March, the TEFAF tulip was presented to James Roundell, a member of the Executive Board by Bastiaan Hutten of Ten Kate flowers. Two bouquets of the new tulip were displayed in glass columns in the entrance to the Fair.
Willem Baron van Dedem, was presented with the gold medal of the city of Maastricht by Onno Hoes, the Mayor of Maastricht at a private reception on Sunday, 18th March. It is the highest award the city has to offer and has only been awarded four times previously. On Monday 19th March, the Governor of the Province of Limburg, Theo Bovens, presented the Award of Honor of the Province of Limburg to van Dedem on the occasion of the Fair’s 25th anniversary.
Onno Hoes, the Mayor Maastricht said, “The 25th anniversary of TEFAF has been marked by unseen commemoration. The relationship between the City and TEFAF is strong and growing ever stronger: the During TEFAF festival is an outward expression of the cultural cooperation that exists between us. Looking back at the last very successful ten days, I believe we have a very solid base from which to approach the next 25 years.”
AXA Art has been the main sponsor of TEFAF Maastricht for 9 years. Announcing the continuation of AXA Art’s sponsorship of TEFAF for a further three year period, Dr. Ulrich Guntram, CEO AXA Art, “We are extremely delighted to continue with what over the past nine years has developed into a true partnership and even friendship between two unique players in the art world. TEFAF and AXA art share the same values; professionalism and
excellence. We are very much looking forward working together on the development of
new markets and collector groups not only in Europe and the Americas but especially
in the Asian market.”
From 16-15 March 2012, TEFAF Maastricht hosted 265 specialists from 19 different countries. Between them they exhibited more than 30,000 works of art, antiques and design objects from pre-history to the present day with an aggregate value of more than 3 billion euros. “At TEFAF you get spoiled forever”, commented American collector, Jean Doyen de Montaillou.
TEFAF is often referred to as a museum in which everything is for sale. The displays created by dealers during the Fair are admired by collectors and museum professionals throughout the world. Susan Lynch, Chair of the Board of Directors and Patrons of the Bruce Museum, Greenwich, USA, commented that, “TEFAF is inspiring, educational and a delight”. Over the course of the Fair TEFAF attracted over 238 museums from 21 countries.
Before the Fair opened each object was examined for quality, authenticity and condition by 175 international experts on 29 separate specialist committees. TEFAF Antiques is the biggest section in the Fair with 102 exhibitors. This is followed by the TEFAF Paintings with 59 and TEFAF Modern with 51.
During the Preview and the run of the Fair, visitors consumed 15.000 glasses of champagne; 31.000 wine; 75.000 cups of coffee; 10.000 pastries; 50.000 sandwiches and 11.000 oysters, which were served by 2300 waiters having been prepared by 515 cooks.
It is not only the works of art on display that attracts plaudits, the Fair itself is renowned for its presentation. ” There is no other Fair that looks like TEFAF”, commented Leo Villareal, whose specially commissioned light sculpture welcomed visitors in the entrance hall of the Fair.
Building the Fair is a major construction project that requires 220 men and women to work for 23 days of which 11 days are around the clock. On the Monday before the Fair opened 20 people worked throughout the night to lay 15.000m² of carpet in the aisles of the Fair. The entrance hall was decked with 800m² of padded panelling. The stand builders drank 30,000 cups of coffee and used 250kg of sugar.
Flowers form an important element of the display at TEFAF Maastricht and the 2012 Fair was no exception. In 2012 over the duration of the Fair, the entrance display used 33,000 Avalanche roses; the corridors, squares and cafés decorated with 40,500 of the most exclusive multi-coloured long-stalked French tulips, augmented by 4,500 branches of magnolia or cherry blossoms while the arrangements in the Place de La Concorde used 24,000 multi-coloured short-stemmed Dutch tulips.
360 extra flights were reported at Aachen- Maastrich airport during course of the Fair, in what the airport acknowledges is their busiest period of the year.
Next year the European Fine Art Fair will take place between 15-24 March at the MECC Maastricht.
This year TEFAF is celebrating its 25th anniversary and dealers at TEFAF pulled out all the stops to put on a magnificent display of works of art. Their optimism was vindicated, despite the difficult economic backdrop. Sales were strong from the moment TEFAF opened its doors at the preview on Thursday March 15th and continued throughout the first week.
Jean-Luc Baroni, London, a TEFAF veteran, reported an extraordinary Fair. He commented on the number of new buyers he met on his stand – reflecting a feeling elsewhere in the Fair that TEFAF was attracting completely new buyers, including many Russians, to the market. Amongst his sales was a remarkable painting by Mattias Stomer (1600-1652), A Woman Counting Coins by the Light of an Oil Lamp. Stomer spent much of his career in Italy and was profoundly influenced by Caravaggio and Jusepe Ribera but the picture sold at TEFFAF shows a considerably more Northern character, which suggest a greater proximity to the realism an earthiness of the Utrecht school of Caravaggist painters. Another long-standing TEFAF exhibitor, Richard Green, London also reported a strong Fair and sales included Still life of a blackberry pie, a nautilus cup, a salt cellar, a façon-de-Venise flute, a silver ewer and pewterplates on a partly-draped table, oil on panel , painted c. 1645-49 by Willem Claesz Heda. It is thought that with this still life and others like it, Heda intended to offer an intriguing image of objects that do not only look deceivingly real, but that make the viewer pause, consider and appreciate them whereas in daily life they may have remained unnoticed.
TEFAF Antiques is the largest section of the Fair and sales in this area also seemed buoyant. Sales of antique furniture were strong. Pelham Galleries, Paris, had a number of sales for six figure sums including a very fine Louis XVI tulipwood , aramanth and gilt bronze mounted commode by Jean-François Leleu. Leleu was an important late 18th-century ėbėniste, who is regarded as instrumental in the move away from the rococo taste of Louis XV towards the fully developed neo-classicism of Louis XVI’s reign. Salomon Stodel Antiquitės, Amsterdam reported the sale of a Russian marquetry card table, St. Petersburg c. 1800 to a European collector whilst Mallett, London and New York, counted an Anglo-Indian solid ivory chair, c. 1850 amongst its sales to an international client for a sum close to the asking price of €95,000. H. Blairman & Sons Ltd, London was happy to report a number of sales to museums including a bronze panel from the Holland Memorial Screen designed by Thomas Jeckyll, 1871.
Littleton & Hennessy, London and New York, told of many sales including that of a pair of early 18th-century carved wood, lacquer and polychrome dragon panels which reputedly came from the Imperial City to a new Chinese private buyer. Galerie Meyer-Oceanic Art , Paris sold of one of its catalogue pieces, a 19th-century dance wand in the form of a stylized club terminating with a human head from Papua New Guinea while Longari Arte, Milan also sold their catalogue piece – a carved polychrome and giltwood sculpture of Christ as the Suffering Redeemer with an Angel , c. 1500 attributed to Giacomo and Giovan Angelo Dei Maino.
Museum sales were strong throughout the Fair. Aronson Antiquairs, Amsterdam sold a blue and white Delft sweet-meat dish c. 1700 to the Paleis Het Loo, Apeldoorn and Frans Jacobs, Amsterdam reported a sale to Teylers Museum, Haarlem of two signed gouache on paper works by Geer van Velde (1898-1977) executed between the late 1940s and early 1950s. Many other sales to museums have been negotiated and have started the process towards completion.
A diptych by Vik Muniz entitled The Creation of Adam, after Michelangelo attracted much attention and multiple sales on the stand of Ben Brown Fine Arts, London. The digital C-print work was created in 2011 in an edition of 6 + 4AP. The gallery was delighted by the number of new collectors it met during the course of the Fair. Galerie Thomas, Munich made significant sales including Statuette, a bronze sculpture by Alexander Archipenko (1887-1964) for €250,000 and Cavallo, a painting by Marino Marini (1901-1980) dated 1953 for €120,000.
TEFAF Showcase was introduced in 2008 to give younger dealers the opportunity of taking part in TEFAF on a one-off basis. The initiative has been as resounding success and this year another cohort of six dealers were invited to exhibit at the Fair for the first time. Guiseppe Piva, Milan as specialist in Japanese objet dart and samurai weaponry was delighted to sell a piece of early 18th-century samurai armour of tachi-dô style to a Japanese collector. Fergus Hall, London also had success with the sale of a signed, oil on canvas painting by Jan Both (1615-1652) entitled An Italianate Landscape with Travellers for €750,000.
TEFAF Maastricht offers visitors to the Fair an interactive video platform by which they can browse, view, share and embed their favorite videos of the Fair, the objects on show and lots of interviews with dealers, art experts and collectors. The videos of our partners (a.o. artnet, Chapeau!, L1, RTL7 and Class Editori) can also be viewed from the platform.
Ben Janssens with a group of journalists of China attending TEFAF 2012
China has overtaken the United States as the world’s biggest market for art and antiques ending decades of American domination. This historic turning point, which is also an important indicator of seismic shifts in the wider global economy, is revealed in a new report published on Friday 16 March 2012. The International Art Market in 2011: Observations on the Art Trade over 25 Years has been commissioned by TEFAF Maastricht, the world’s best art and antiques fair.
China’s share of the global art market rose from 23% in 2010 to 30% last year, pushing the United States, with 29%, into second place. The report, compiled by Dr Clare McAndrew, a cultural economist specialising in the fine and decorative art market and founder of Arts Economics, called the development “perhaps one of the most fundamental and important changes in the last 50 years”. The United Kingdom, which was overtaken by China in 2010, remained third with a 22% market share while France was a distant fourth with 6%.
The powerful surge by China combined with a rise in fine art sales, particularly in the Modern and Contemporary sectors, led to a continuing strengthening in the art and antiques market worldwide. Sales in 2011 rose by 7% to €46.1 billion, an increase of 63% from the market crisis of 2009. Although not quite back to its 2007 pre-recession high of €48.1 billion, the market has staged a significant recovery over the past two years.
The principal findings of the report, the first TEFAF study of the market to be translated into Chinese, are:
∎ China overtook the US for the first time in 2011 to become the largest art and antiques market worldwide with a share of 30% based on both auction and dealer sales.
∎ The US share dropped by 5 percentage points to 29% while the combined total for the 27 European Union countries was also down by 3 percentage points to 34%. Among the EU nations, the largest markets were the UK with 22% of the global total and France with 6%, both unchanged.
∎ The Chinese art and antiques auction sector was the strongest growing market worldwide with a dramatic rise of 177% in 2010 and a further 64% in 2011.
∎ The global art market continued to recover in 2011, increasing by 7% to €46.1 billion, an increase of 63% since the market crisis of 2009. The volume of transactions also increased by 5% to 36.8 million.
∎ The driving forces behind the recovery were strong sales in the Chinese auction market and the rise of fine art sales (over decorative art).
∎ The Modern and Contemporary sectors combined to account for nearly 70% of the fine art market. Both continued a strong recovery in 2011, leading them to levels in excess of the boom of 2007-2008.
∎ The art market took nearly a decade to recover from the recession of the 1990s whereas the contraction in 2009 has been relatively short-lived. This is due, in part, to its increasingly global nature.
∎ The art market has more than doubled in size in the 25 years since TEFAF Maastricht was founded and grew over 575% from its lowest point in 1991 (just under US$10 billion) to its highest in 2007 (US$66 billion/€48.1 billion).
“Apart from its rapid increase in size, the last decade has witnessed significant changes in the art market’s geographical distribution of sales,” writes Dr McAndrew in the report. “The next decade will be the first period when emerging market countries contribute more to global economic growth than developed ones.”
“The dominance of the Chinese market has been driven by expanding wealth, strong domestic supply and the investive drive of Chinese art buyers. Although recent economic turmoil has created a more cautious buying climate in the rest of the world, growing domestic difficulties in Chinese property and stock markets and the lack of other alternatives appear to have led to a significant amount of substitution into art as an investment by Chinese consumers.”
“However all regions will be facing challenges in 2012 and beyond: the Chinese art market in how to cope with an overheated market and promote more stable, long-term growth; Europe, with how to maintain its competitiveness in the face of continued regulatory and cost burdens: and the US, with the challenge of losing its supremacy during the recent past as the centre for demand and supply in the market.”
Queen Beatrix of the Netherlands visited TEFAF Maastricht on Wednesday 14 March as the world’s finest art and antiques fair prepares to celebrate its Silver Jubilee. Her Majesty arrived for a visit to The European Fine Art Fair at the MECC (Maastricht Exhibition and Congress Centre) in the southern Netherlands the day before it opens its doors for a private view for leading collectors and museum curators. TEFAF was founded 25 years ago and has grown from a relatively small event to a fair where 265 dealers from 19 countries exhibit an extraordinary range of magnificent art and antiques.
The Queen was escorted around TEFAF Maastricht by Willem, Baron van Dedem, President of the Board of Trustees of The European Fine Art Foundation, which runs TEFAF Maastricht. She was introduced to the Fair’s Executive Committee, leading members of the vetting committees which ensure the high quality and authenticity of all exhibits, Tom Postma, the Fair’s designer, and some of the founders who set up TEFAF 25 years ago.
The Royal visit was part of a series of events marking the Silver Jubilee of TEFAF Maastricht, which will be open to the public from 16-25 March. These include a symposium to discuss the art market on Friday 16 March, the setting up of a TEFAF Restoration Fund to help museums restore works of art, the publication of a book about the Fair and an exhibition of works of art sold at TEFAF in the Museum aan het Vrijthof in Maastricht.
The stand builders of Stabilo have started to build up TEFAF, the international art and antiques fair which runs from 16-25 March 2012 at the Maastricht Exhibition & Congress Centre in Maastricht, in the south of the Netherlands. Here you can see how they lay down the first carpets. An enormous amount of work goes into the Fair beforehand. The total floor space of TEFAF is circa 30,000 m2 . Fair designer Tom Postma is responsible for TEFAF’s much-praised classical design with a spectacular foyer that changes from year to year. More images online on our Facebook page.
Drapery study by Leonardo da Vinci (1452-1519)
240x193mm. Courtesy of the Fondation Custodia, Paris
TEFAF Maastricht has always insisted on exhibiting only the best. Two very different displays of artistic genius will be part of TEFAF’s Silver Jubilee celebrations from 16-25 March 2012. An exhibition of master drawings
by some of the greatest artists in history, including Leonardo da Vinci, Guercino, Rembrandt van Rijn and Peter Paul Rubens, has been loaned by the Fondation Custodia
in Paris. In sharp contrast the first-ever BMW Art Car, created by the American artist Alexander Calder
in 1975, will also be on show at TEFAF 2012.
The loan exhibition of rarely-seen masterpieces in the TEFAF Paper section of the Fair is entitled The Director’s Choice: Master Drawings from the Fondation Custodia in Paris. The Fondation, just a short distance from the Assemblée Nationale in the French capital, houses the superb collection built up by Frits Lugt (1884-1970) and his wife To Lugt-Klever (1888–1969). Lugt, one of the most important figures in the history of Dutch collecting, acquired drawings, paintings, miniatures, prints, sculpture and many other works of art. The video below - an interview with Ger Luijten, director of the Fondation Custodia - gives an impression.
The exhibition at TEFAF will focus entirely on Lugt’s collection of drawings and has been selected by Ger Luijten, around the theme ‘studying on paper’. Lugt wanted to understand the artistic process and so his collection focuses strongly on preparatory drawings for paintings and works done by artists to practice. The exhibition concentrates on ten different types of drawings, including draperies, nudes, figure studies, faces, animals, trees and studies of light and dark. Rare sketchbooks will be included in the show.
Among the highlights of the exhibition will be Drapery study by Leonardo da Vinci, a work on linen which perfectly illustrates the Renaissance master’s technique, a closely related study by Lorenzo di Credi, a stunningly beautiful red chalk Study of a nude child for the infant Christ, seated on the Virgin’s knee by Guercino and The healing of the mother-in-law of St Peter by Rembrandt van Rijn.
BMW Art Car Project
The BMW Art Car project was founded in 1975 by the French racing driver and auctioneer Hervé Poulain who asked the American artist Alexander Calder to produce a bodywork design for the car Poulain drove in the Le Mans 24 Hours race. Since Calder’s work, many of the world’s most renowned artists have created BMW Art Cars, including David Hockney, Roy Lichtenstein, Robert Rauschenberg, Andy Warhol and Jeff Koons. Now the original Calder car, created just a year before his death, will go on display at TEFAF 2012. Calder, whose abstract mobiles were some of the most innovative scultures of the 20th century, produced a bodywork design with strong bold lines and powerful colours for the BMW 3.0 CSL.
Change and Challenges – the art market’s past 25 years and its future will examine the evolution of the market and identify the major economic, technological, cultural and demographic forces which have changed the way that art is bought and sold worldwide. It will reveal innovative approaches to sourcing, funding and displaying works of art and its influential participants will outline how the world of tomorrow will differ from today, spelling out the implications for those buying, selling and collecting art.
The symposium will be held from 09.00 to 12.00 at the MECC (Maastricht Exhibition and Congress Centre), where the 25th edition of TEFAF Maastricht, will take place. For more information, and to register, please go to www.tefafjubilee.com.
TEFAF has made a donation towards the restoration of a unique temple complex in the remote Himalayan kingdom of Bhutan, which was badly damaged by an earthquake. The money will go towards repairing the Drametse Lhakhang (temple), founded in the 16th century, which suffered badly when the earthquake, measuring 6.3 on the Richter scale, hit eastern Bhutan on 21 September 2009. It was further affected by another tremor in 2011.
Drametse Lhakhang, famous for its statues and wall paintings, was one of many temples, monasteries, shrines and fortresses damaged by the earthquakes. Its stability was seriously weakened, cracks appeared, some of the main walls are now tilting outwards, and the traditional projected windows have become separated from adjacent walls. If another earthquake of the same magnitude occurs or if there are continuous aftershocks, the temple may collapse. This would endanger the lives of the monks and result in the loss of significant cultural heritage, including artefacts, statues and murals.
Urgent intervention is required, including a scientific survey, the dismantling of some masonry walls so that the structure can be strengthened, the stitching of cracks and the fixing of timber frames to the walls. Preserving the buildings is not only important because of their architectural beauty but also because these institutions sustain the community and keep religious practices alive.
Financial assistance for the two year project is being provided by the Prince Claus Fund and the World Monuments Fund under the terms of their collaborative Cultural Heritage Emergency Response programme. TEFAF has also agreed to help the scheme. The Foundation and the Fair have an established track record of donating money to cancer research and museum projects.
Six galleries have been selected to take part in TEFAF Showcase, which gives younger dealers a one-off opportunity to exhibit at TEFAF Maastricht. The selected candidates, who will be taking part in TEFAF's Silver Jubilee edition, are specialists from a range of disciplines including modern jewellery, contemporary art, Old Master paintings and Japanese art. Three are from the United Kingdom, one from Italy, one from France and the sixth will become the first-ever TEFAF exhibitor from Hungary.
"As the years progress, we find that the level of applicants is getting higher as people have realised that they need to be of a certain standard to be considered," says Ben Janssens, Chairman of the Executive Committee of TEFAF, and a member of the selection panel, which consists of TEFAF members and independent art specialists. "Showcase is now an established feature of the Fair and many visitors head straight for that section because they know that there are new dealers there."
The selected Showcase candidates are:
■ Didier Antiques (London)
Didier Haspeslagh and Martine Newby Haspeslagh launched the gallery in 2006. It specializes in artist's jewels by post-war painters and sculptors and silver and gold wares by leading 20th century designers and architects. www.didierantiques.com
■ Fergus Hall – Master Paintings (London)
Fergus Hall set up his independent dealership in 2008 and specializes in Old Masters, primarily 17th century Dutch and Flemish paintings and British pictures from the 18th century. www.hallmasterpaintings.com
■ Kálmán Makláry Fine Arts (Budapest)
This modern and contemporary art gallery focuses on the works of Hungarian artists who have lived in France such as Judit Reigl, Alfréd Réth and István Sándorfi. www.kalmanmaklary.com
■ Giuseppe Piva Japanese Art (Milan)
Giuseppe Piva deals in a range of Japanese works of art, including armour, helmets, swords, screens, netsuke and lacquers. www.giuseppepiva.com
■ Christophe de Quénetain (Paris)
Established in 2001, Christophe de Quénetain specializes in 17th, 18th and 19th century furniture and objects d'art. The gallery's expertise also covers Old Master paintings and drawings from the same period. www.christophedequenetain.com
■ Vigo Gallery (London)
This new contemporary gallery was set up by Thomas Williams and Toby Clarke in September 2011. Williams has been championing contemporary figurative artists since 1999 while Clarke was previously Director of Contemporary Art at The Fine Art Society in London. www.vigogallery.com
Renewed interest for Old Master Paintings
Every other month TEFAF brings you the latest global art market news. Dr Clare McAndrew is the author of TEFAF's latest art market report, 'The Global Art Market in 2010: Crisis and Recovery'. She is a cultural economist who specializes in the fine and decorative art market, and the founder of Arts Economics.
Although the Old Master paintings sector has long been a favourite of curators, scholars, and long-established collectors, there are indications that this sector of the market is now seeing renewed interest from younger and more geographically diverse buyers. Younger collectors, who have been dominant in the Contemporary sector in recent years, are being increasingly impressed with the relatively low prices, good value and stability that can be found in the sector.
The volatility in many areas of the market over recent years has also produced more risk-adverse art buyers of all ages that are finding refuge in the less turbulent prices in this sector. Although few areas of the market were left unscathed from the contraction experienced in 2009, average prices of Old Master paintings fell less than 10% on aggregate versus much more severe dips of 45% and more in the Contemporary market. Many Old Master collectors report that the value of their collections has in fact never declined, and always kept pace or far exceeded inflation.
The top selling Old Master artists still command multi-million dollar prices, however there are many areas of the market with relatively low access points. Even for the top selling artists in 2010, average prices ranged from $200,000 to $10 million, while the range in values was also very wide for each artist, particularly when all media are considered. The market is driven much more than the Contemporary market by quality and scarcity however, therefore fresh to market works of the best quality always attracting the most interest.
While China has overtaken the UK in the Contemporary sector, the traditional Old Masters is a sector where Europe still dominates sales. In 2010, nearly half the value of the auction sector was sold through London, where much of the expertise and dealer network also resides.
Fig. 1 European Old Master Auction Market- Shares by Value in 2010 (Arts Economics (2011) Using data from Artnet)
Fig. 2 European Old Master Auction Market- Shares by Volume in 2010 (Arts Economics (2011) Using data from Artnet)
However, China's own master paintings have been doing remarkably well in 2011. Yuan Dynasty painter Wang Meng set an auction record of $62 million at auction at Poly International in June, the second most expensive painting ever sold in an auction in mainland China and reflecting Chinese collectors' continued and growing interest in older Chinese works. (The highest price was paid in 2010 was $64 million for a work by Song Dynasty artist, Huang Tingjian.)
One of the most important lessons coming out of the last few turbulent years in all asset markets is the need to go back to basic principles. One of the most basic fundamentals of investing is diversification: finding and combining assets that have low correlation with each other in order to obtain a portfolio risk that is less than that of the component assets considered in isolation. The diversification benefits from investing in art are found not only in portfolios that mix various financial assets with art, but also through strategically combining collecting categories within the market. Increasingly collectors looking for greater stability from their investments in art are realising that buying across categories including older and newer sectors can provide significant risk benefits.
Contrasting the performance of Old Masters versus Contemporary art reinforces the very important point that, far from being a single homogenous entity, the art market is a diverse combination of a series of distinct sub-markets, each developing at their own individual rates and with their own risks, returns and price trajectories. This has become a very attractive feature of the market for collectors and investors who want to achieve a more balanced portfolio of wealth, and a more diverse collection of art.
In 2011 and 2012 TEFAF organised a worldwide Silver Jubilee campaign to broaden the already wide range of visitors to the Fair in Maastricht. TEFAF representatives went to
New York, Sao Paolo, Lisbon, Tallinn, Amsterdam, Brussels and Paris. In February and March two more events are scheduled, one in Luxembourg and one in Wijnegem (Belgium).
In January 2012 TEFAF organised an event for Portugese art collectors at the Museu Nacional de Arte Antiga in Lisbon.
The following month over 40 private collectors, representatives of Estonian museums and business people interested in art, attended the TEFAF presentation and reception at the Dutch residence in Tallinn. In Paris some 15 works of art were shown by the Parisian TEFAF dealers at the Dutch Ambassador's residence.
In september 2011, Chinese collectors were invited to attend a TEFAF presentation and cocktails; in Beijing at the Dutch Ambassador's residence and in Shanghai there was a second event.
Titia Vellenga, PR & Marketing Manager of TEFAF:"TEFAF's and my first adventure in China: a press conference at the Dutch residence in Beijing, a beautiful Zen-like building by architects Dirk Jan Postel, Kraaijvanger + Urbi. Over 25 media representatives from lifestyle, financial, art and opinion magazines were present. It was quite a challenge to talk to most of them using an interpreter. You really need to be concise in making your point or answering questions. They were especially eager to know all kinds of figures, like amount of sales, percentage of Chinese collectors at the Fair, etc. We made a compilation of TEFAF videos with Chinese voice over to give an impression of the fair.
Our major TEFAF event in Beijing was a presentation and dinner for Chinese collectors and some important media at the Dutch Ambassador's residence. In total 56 persons attended.
We met a lot of interesting Chinese private collectors, the directors of the National and the Capital Museum, CCB bank and Chinese entrepreneurs with an interest in art. This time I chose to show our own general video to give an impression of the Fair, whereas Ben Janssens, Chairman of TEFAF, talked about the Fair in general, emphasizing the vetting system. This is especially in China a very important item as there is a lot of fake art for sale. We will visit some antique shops and check this out."
WHO BENEFITS from ARTISTS' RESALE RIGHTS?
Every other month TEFAF brings you the latest global art market news. Dr Clare McAndrew is the author of TEFAF's latest art market report, 'The Global Art Market in 2010: Crisis and Recovery'. She is a cultural economist who specializes in the fine and decorative art market, and the founder of Arts Economics.
Artists' Resale Rights (ARR) or Droit de Suite is a royalty payable to an artist or their heirs each time a work is re-sold during the artist's lifetime and during the 70 years following the artist's death. The EU-wide levy on resales of living artists has been in place since 2006. However the extension to artists' heirs has been blocked in some countries until January 2012. As this deadline draws nearer, the debate has once again resurfaced about who really benefits from ARR.
Sales eligible for ARR in the EU exceeded €3 billion in 2010, with 82% of that value in the so-called heirs' sector. This older sector accounts for a substantially larger proportion of the art market than the living artists' sector, with four times its value and double the number of transactions. It also has a much greater proportion of high-end sales, with 76% of the sector by value selling for prices greater than €50,000. These high end sales are causing the most concern for the EU art trade, as they are the more vulnerable to diversion towards external markets without ARR such as the US and China.
Fig. 1 Loss of EU Share on Global Art Markets / 2005 to 2010
New evidence has shown that the EU has lost significant global share in the sectors of the market where ARR is applied. The presence of the right has also not had its intended effect of levelling the playing field by redistributing sales within Europe. Internally, the hierarchy of remains much as it did in 2005, with the UK as the largest art market and no signs of any permanent or significant transfer of sales to other EU art markets. In other words, the Directive has not achieved its internal goals, but has created a competitive disadvantage for Europe vis a vis international markets.
While there seems to be a clear loss to the art trade in Europe, this has to be balanced against gains from the Directive. There were around 5,000 living artists with eligible sales in the EU in 2010.
Fig. 2 Distribution of ARR Collected
Eurostat reports that there are very conservatively estimated 168,250 employed professional visual artists in the EU, indicating that only a maximum of 3% of all artists could benefit from ARR, and the gainers are exclusively those successful artists whose works make it to the resale market. The other main beneficiaries are the collecting societies who have set up to collect and distribute ARR to artists, charging commissions ranging from 12% to 30%.
Despite commitments made in the Directive, there has been no progress in reaching an international agreement on ARR, so Europe's art markets now find themselves at a significant competitive disadvantage. Although ARR is likely only one of many factors that affect where people decide to buy and sell, it does appear to have contributed to the perception that the EU is a complicated and expensive place to do business.
Its full impact will only be seen fully over the next few years, but given the growing strength of global competition, it is impossible to avoid the conclusion that the presence of this transaction charge, more or less unique to the EU, will only to add to the difficulties of a market already in relative decline.
TEFAF is widely acknowledged as the world's most influential art Fair. The Fair closed on Sunday 27th March. The focus during the Fair is on the extraordinary works of art that leading specialists from around the world exhibit at the Fair but its impact on the local economy stretches far beyond the confines of the Fair.
The Mayor of Maastricht, Onno Hoes, said, "The City of Maastricht and TEFAF are inseparable and are of great mutual benefit. I very much look forward to celebrating the 25th anniversary of the Fair next year and the City looks forward to working with the Fair over the next quarter century".
Maastricht-Aachen airport commented that TEFAF is always their busiest period of the year. 154 private aircrafts landed at the airport during the course of the Fair and one of the runways had to be converted into a parking area to accommodate the large number of private aircraft landing at the Fair.
TEFAF is often referred to as a museum in which everything is for sale. The breadth and quality of objects are admired throughout the world. This year TEFAF attracted visitors from over 181 museums from 20 countries.
"The European Fine Art fair has once again proved to be unrivalled. We have brought more than 2,000 collectors to TEFAF this year, of which over 1,000 have participated in our guided tours around the Fair", Cornelia Zinken of AXA Art, TEFAF's principal sponsor.
Each year visitors marvel at the extraordinary presentation of the Fair. Creating such an elegant environment is a major logistical operation involving hundreds of people.
The Fair occupies an area of 31,000m² and takes 25 days to build. The construction materials take up 12,000m³ and are transported on 200 trailers. Over 200 men and women work round the clock to build the Fair in the given time frame.
Flowers are a signature feature of TEFAF Maastricht. This year's design required 22,500 carnations, 18,000 tulips, 7,500 anemones and ranunculus as well as 250 branches of magnolia. These are changed twice during the course of the Fair by 16 florists. In 2011 a total of 144,000 flowers were used throughout the Fair.
From 18-27 March 2011, TEFAF was home to 260 specialists from 16 different countries. Between them they exhibited more than 30,000 works of art, antiques and design from different civilizations stretching from the dawn of time to the present day with an aggregate value of in excess of 2 billion euros. TEFAF Antiques is the largest section of the Fair with 97 exhibitors. This is followed by TEFAF Paintings with 64 and TEFAF Modern with 46.
Of TEFAF Maastricht, Michel Bismut a leading interior designer from Paris said, "TEFAF Maastricht is an inspiration. It is wonderful to spend time in each section of the Fair and see the juxtaposition of so many extraordinary objects. Without doubt, the experience helps me advise my clients".
Before the fair opens to the public each work of art is examined for quality, authenticity and condition by 168 international experts in 29 vetting committees. The vetting process takes a total of 2,184 man hours. Anthony Speelman, Chairman of the Paintings Vetting Committees commented, "This year exhibitors had clearly saved their best paintings for the Fair, the quality was consistently high and the vetting process was very smooth".
During the course of the Fair TEFAF welcomed 73,574 visitors from 55 countries around the world, more than 10,000 of whom attended the Fair on the Preview day. Refreshments were served throughout the preview, which lasted nine hours. 100 cooks prepared more than 150,000 canapés, which were served by 400 waiting staff. 100,000 glasses were used to serve drinks from 1,800 bottles of champagne, 3,500 bottles of wine as well as beer and soft drinks.
Commenting on the attendance at the Fair, Ben Janssens, Chairman of TEFAF said, "I am delighted to have seen such an increase in visitors from mainland China and I find it particularly remarkable that they have made acquisitions in many different areas and not only Chinese art".
Next year the European Fine Art Fair celebrates its 25th anniversary from 16-25 March 2012.
Art Market Report: A New Global Landscape
New: TEFAF Art Market Update by Dr Clare McAndrew! Every other month TEFAF brings you the latest global art market news. Dr Clare McAndrew is the author of TEFAF's latest art market report, 'The Global Art Market in 2010: Crisis and Recovery'. She is a cultural economist who specializes in the fine and decorative art market, and the founder of Arts Economics.
23 March 2011 - The first decade of the 21st Century has been a period of flux in the art and antiques market. After a period of boom and bust, the art market emerged in 2010 with a radically different global layout, underpinned by fundamental shifts in its hierarchy of power.
Fig. 1 Global Art Market Share (by Value) 2006 (source: Arts Economics, 2011)
The market soared to its highest-ever recorded total of €48 billion in 2007, however fortunes turned in 2008, and the next two years were ones of crisis and recovery for the art trade. The global economic downturn strongly affected personal wealth, and spending in most markets contracted, especially in the US and Europe. In 2009 the global market fell 33% to €28 billion, the biggest decline since its previous recession in the early 1990s.
The art market showed its true resilience in 2010 however, advancing in value by 51% to €43 billion. This recovery was driven by the US and China, while European growth was much more sluggish. The recovery in 2010 was also driven by strong spending by Chinese art buyers as the geographical distribution of wealth continues to shift East. (The numbers of high net worth individuals in Asia is now equivalent to Europe, and their wealth is greater).
Fig. 2 Global Art Market Share (by Value) 2010 (source: Arts Economics, 2011)
While markets such as the US and UK were going through a period of recovery in 2010, China continued to boom, with its strongest year ever, emerging as the second largest market worldwide, over taking the UK for this first time. The size of the Chinese art and antiques market more than doubled in value from 2009 to 2010 reaching a huge €9.8 billion and a 23% global share. The US still dominated with 34%, but its margin has narrowed significantly in recent years.
New buyers and sellers from China and other emerging markets have helped to protect the art market from some of the downside risk it would have been subject to had it still been reliant primarily on the UK, US and other mature European markets, and undoubtedly strengthened and accelerated its recovery. Looking forward, wealth and art buying remain highly concentrated in a very small fraction of China's population which is a strong indicator for the potential future growth in art sales. When the new middle classes come on stream at the end of this decade another boom in sales is likely, and competition for share of this expanding market will intensify even more.
A unique wood sculpture by the Spanish artist Joan Miró sold within hours of the opening of TEFAF as thousands of collectors and museum curators arrived at the world's most influential art and antiques fair. Oiseau lunaire
, a 30cm high olive wood work dating from 1945, was sold for $5 million to a private collector and was part of an entire room devoted to Miró by Landau Fine Art
. The sculpture had been out of sight in a private collection for almost 40 years.
Dealers reported good sales across all sections of TEFAF with modern and contemporary art, antiquities and Asian art performing particularly well. The Fair held its preview, attended by more than 10,000 invited guests, before opening to the public the following day. TEFAF will continue until Sunday 27 March
Noortman Master Paintings
sold four important works, three of them 17th century Dutch Old Masters. Gerrit Berckheyde's 1671 View of Haarlem had an asking price of €4.5 million, Willem Claesz Heda's Still Life with silver Tazza and a Roemer
was on sale for €3 million and Ferry boat with the River Vecht
by Salomon van Ruysdael for €2.5 million. Another Old Masters dealer David Koetser
sold Willem van de Velde the Younger's A States Yacht and Other Vessels in Light Air
, which had an asking price of €3 million, to a private collector.
One of the most extraordinary stories of a busy first two days at TEFAF was the sale of a 1st century AD Roman marble ornamental cinerary urn by Rupert Wace Ancient Art
for a price in the region of €1 million. This superbly decorated masterpiece, which would have once contained the ashes of a deceased person, was bought by the Mougins Museum of Classical Art in southern France. But until recently it was being used as a lamp, with an added lampshade, in a house in Bath, England. The descendants of the collector who had bought it had no idea of its importance. The electrical wiring and lampshade have been removed and the urn fully restored.
Chinese buyers were much more in evidence than in the past and some of them purchased Japanese works of art as well as those from their own country. Japanese art specialists Malcolm Fairley
and Grace Tsumugi Fine Ar
t, both exhibiting for the first time, sold 20 pieces between them on Thursday and Friday. Chinese collectors bought four from Fairley, including a late 19th century hardwood Japanese vase for about €40,000. Tsumugi had a US buyer for an important Meiji period piece. The inlaid silver and copper incense burner depicting Raiden, the Thunder God, was priced in the region of €500,000.
Another Asian art specialist who had a good start to TEFAF was Ben Janssens Oriental Art
who sold a mother of pearl inlaid lacquer incense box from the Ryukyu Islands, between China and Japan, to a European private collector for in excess of $100,000. One of four pieces of jade that Janssens sold on the opening night went to a new client from China. A very early piece of Chinese export porcelain was sold by Jorge Welsh Oriental Porcelain and Works of Art
to a European collector for a mid-six figure sum. The Ming Dynasty saucer, dating from 1515, bears the Portuguese royal coat of arms.
TEFAF covers some 7,000 years of art history and both antiquities and contemporary and modern works have proved popular with buyers at this year's Fair. Ben Brown Fine Arts
sold four works to European and American private collectors, including Sgraie Vertical
, a 2005 mixed media on canvas piece by Miguel Barcelò, for €300,000. New exhibitor Blain|Southern's
sales included Tim Noble and Sue Webster's 2009 work Ýellow Phantasmagoria for a price around €200,000 to a Middle Eastern museum.
Twentieth century art sales included a group of five Man Ray portraits exhibited by Kicken Berlin
and Juliette a la toque by Albert Gleizes for which Waterhouse & Dodd
had three prospective private buyers. It sold for €220,000. A rare 1910 Auguste Rodin lifetime bronze cast Man with a Broken Nose
was bought by a private collector from the Robert Bowman Gallery
for a price in the region of €180,000.
Epoque Fine J
ewels from Belgium sold a c1900 art nouveau pendant by Rene Lalique to a French collector, while Perrin Antiquaires
had an early success with the sale to a European collector of a polished steel armchair used as an early 19th century piece of campaign furniture. In the TEFAF Design section Bel Etage, Wolfgang Bauer
had a very good start to the Fair selling five pieces to European collectors. Among these was a set of four side chairs designed by Josef Hoffman in Vienna in 1901.
By the end of the first weekend over 30.000 people
had visited TEFAF and 125 private jets
had landed at Maastricht-Aachen airport. On Saturday visitors included the World Chinese Collectors Conference from Shanghai with a group of 21 people, a party from the Museum of Fine Art in Boston, USA, and Wolfgang Heubisch, Minister of Culture in the Bavarian state government in Germany.
TEFAF Journal brings you news in English about the latest developments at TEFAF. TEFAF journal was launched in 2008 by Chapeau! Magazine and L1 TV. The show is broadcast at the biggest hotels in Maastricht, in several public places such as the Town Hall of Maastricht, the theatre and at several locations at the Maastricht Exhibition & Congress Centre.
20 March 2011 – Unfortunately there was a jewellery theft today on the stand of one of the exhibitors at TEFAF Maastricht. TEFAF takes the safety of the art at the Fair very seriously and therefore has a comprehensive package of security measures. Obviously TEFAF cannot disclose any details about the nature of these measures. The security measures were coordinated in advance with the police. The security of works of art on individual stands is the responsibility of individual exhibitors.
BMW and TEFAF give you an exclusive preview of TEFAF. Watch spectacular images of the highlights of TEFAF from the perspective of the fastest moving work of art in the world, the BMW M3 Gt2 Art Car, designed by Jeff Koons. During its ride around TEFAF, the car makes 'pit stops' at a number of works of art and stands. The final stop is the BMW stand, where Koons own piece of art is exhibited. It's the first time the car is shown at an art and antiques fair. The car is the most recent addition to BMW's art collection, that includes Art Cars by Andy Warhol and Roy Liechtenstein.
Exhibitors at TEFAF put their finest works of art to one side to bring to the world's most influential art and antiques fair. Sometimes tracking them down has involved specialist knowledge and skilled detective work while in other cases their recent history has been more straightforward. But the one unifying factor at TEFAF is quality. At the 24th edition, which takes place from 18 – 27 March 2011, the standard of the exhibits is breathtaking. Visitors to the Fair will see one of the last jewels created by Salvador Dali, a pair of porcelain leopards almost certainly made for a Chinese emperor, the only suit of late 15th-century German jousting armour still in private hands and an entire room devoted to the painter Joan Miró.
The Miró exhibition
is being mounted by Landau Fine Art
and includes paintings, drawings and sculptures. Among the latter is the olive wood work Oiseau lunaire
, dating from 1945, which is one of Miró's earliest sculptures and has not been seen publicly since 1973. Despite being out of sight in a private collection for almost four decades, the importance of the work has been recognized by inclusion in several books on Miró sculptures. The same exhibitor is also exhibiting Grande Table Cariatide
, a rare bronze by Henri Laurens cast in 1938 during his lifetime.
An extraordinary example of how one of the greatest names in 20th-century art and a superbly skilled jeweller combined to produce a work of exquisite beauty is displayed on the stand of Michele Beiny. Pandora's Box, designed and created by Salvador Dali and executed by Carlos Alemany, is a gold box veneered with lapis lazuli and studded with diamonds. Dali's signature is in diamond-encrusted platinum. This stunning piece was commissioned by Hanns Weinberg in 1971, making it one of the last jewels created by Dali, and until now it has always been in the Weinberg family's collection.
A more recent piece of great jewellery is the Delaire Sunrise
, the world's largest Fancy Vivid Yellow Square Emerald Cut diamond, exhibited by Graff
. The 118.08 carts diamond
was acquired by Laurence Graff in rough form and cutting took almost a year to complete. It is named after the Delaire Graff estate, one of South Africa's finest vineyards and priced at €18 million.
Asian art has become one of TEFAF's many strengths and amongst the masterpieces at this year's Fair are two being shown by British exhibitors. Cohen & Cohen
has a highly important pair of Chinese leopards dating from the reign of the Kangxi Emperor c1720. These magnificent 99cm long enameled porcelain figures, with an asking price of £3.5 million, are believed to have been made for the Emperor himself. The only place where leopards could have been closely observed by the artist was in the Imperial menagerie in Beijing.
Littleton & Hennessy Asian Art
, from London, are showing a rare and highly lacquered bronze figure of Bodhisattva Avalokitesvara
dating from the early Yuan Dynasty in China c1300. Priced in the region of $8 million, this 147cm high bronze, probably made in the Yunnan area, is among the most powerful of the few surviving Buddhist images from this period.
Rarity and astonishing artistic skill are recurring themes at TEFAF and a suit of South German Stechzeug jousting armour
dating from c1490-95 is the only authentic example of its kind remaining in private hands. Exhibited by Peter Finer
, it is on sale for €1.9 milion. Charles Ede
, is showing a strikingly beautiful rose granite head of the young Egyptian pharaoh Tutankhamun from the late 18th Dynasty (1361-1352BC) with a price in the region of £550,000.
The Old Master Paintings dealers for which TEFAF has always been renowned are exhibiting three works by the great Dutch painter Frans Hals. Otto Naumann
of New York is showing Portrait of a Gentleman
, a striking portrait of an unidentified sitter painted in 1630 and showing Hals at the height of his powers. Noortman Master Paintings
has a pair of portraits of a married couple by Hals dated 1637.
Another important Old Master is Mankind's Eternal Dilemma – the Choice between Vice and Virtue
which can justifiably be called Frans Francken the Younger's greatest masterpiece
. The whereabouts of the huge painting, possibly commissioned by the City of Antwerp, was unknown to modern scholars until its recent reappearance on the market. Johnny van Haeften
of London is asking $14 million for this great work.
Many of the finest works at TEFAF 2011 are from more recent times. Wienerroither & Kohlbacher
is exhibiting Egon Schiele's
superb 1914 gouache and pencil work on vellum Sitting Nude
, priced at €1.7 million, while Galerie Daniel Blau
has one of three close-up portraits that Lucian Freud
painted of his mother in 1972-73. The Painter's Mother
was always Freud's favourite and is going on public view for the first time with a price of £2.8 million.
Two dealers have 21st century works by Louise Bourgeois
, who died last year. Galerie Karsten Greve
has an untitled piece made of cloth and steel dating from 2002 while the Kukje Gallery
is exhibiting some of her most exquisite last works. Among these is Les Fleurs
, a 2008 gouache and mixed media work on paper by an artist who bridged the great cultural span from the early 20th century to the opening years of the 21st. Hamiltons Gallery
is holding TEFAF's first exhibition of works by the German-born Helmut Newton
TEFAF Design, established as a separate section two years ago, has greatly strengthened the Fair's modern and contemporary design content and one of the highlights of this is the Presidence desk
made from steel and oak in 1948 by Jean Prouvé
. It has been owned by the same family since then and is being exhibited for the first time by Galerie Downtown
. A startlingly contemporary work by Johnny Swing
is on the stand of Sebastian + Barquet
. All the King's Men
is a sculpted sofa made in 2010 from half dollar coins and stainless steel and was acquired directly from the artist.
The expertise that exhibitors bring to TEFAF Maastricht is exemplified by the magnificent 1825 mahogany and gilded bronze secretaire exhibited by Kunsthandel Peter Mühlbauer
. A present from Queen Charlotte Auguste Mathilde of Wurttemberg
to her stepson Wilhelm I this beautiful writing desk by Johannes Klinckerfuss descended to a prince who lost his title when he married a woman not of royal blood. The couple moved to Britain where they died in a car crash and because they were childless the desk was put in storage and forgotten.
The global market for art and antiques recovered significantly in 2010 driven by a strong performance in the United States and huge growth in China which overtook the United Kingdom to move into second place for the first time. A 52% rise in the market from its 2009 low point and a seismic change in its geographical distribution is revealed in The Global Art Market in 2010: Crisis and Recovery
. This new report has been commissioned by TEFAF.
The report also shows that an EU art tax due to be extended in the UK, Ireland, the Netherlands and Austria next year risks further damaging an already weakened European art and antiques market by encouraging vendors to sell elsewhere. The research, based on data gathered from dealers, auction houses, collectors and other sources, has been compiled by Dr Clare McAndrew, a cultural economist specialising in the fine and decorative art market and founder of Arts Economics. To order a copy of the report (at €20 each excluding postage)
TEFAF launches the TEFAF Mobile Guide, an application for Android and iPhone. The app was developed to help visitors get the most out of their visit to TEFAF. It offers a virtual tour, videos, an interactive floor plan, an overview of the Fair's sections, exhibitors and restaurants at the Fair and other information to help them enjoy their visit to Maastricht to the full.
Smartphone owners can use the application to browse the exhibitors list and select their favourite dealers. Videos and pictures will give a glimpse of the different Fair sections. The app also features an interactive floor plan and virtual tour to guide visitors to a selection of interesting objects.
The mobile app, which is active all year round, also provides the latest Fair news, the During TEFAF festival programme, an overview of restaurants in Maastricht and tourist information. The application can be downloaded for free at
and from the iTunes AppStore and Android Market.
In 2010 TEFAF Paper was launched, the latest section of the fair, showing works on paper. With this in mind, leading global art insurer AXA Art and the Centre de Recherche sur la Conservation des Collections (CRCC), Paris, will organise a conference on the preservation of photographs and damage caused by light. The conference will take place on March 21st 2011 at 3pm at the MECC Café (entrance hall of the Fair). Attendance is free of charge. Please sign up by email at kelmes.InfoBooking@axa-art.it .
Bertrand Lavédrine, Director of the Centre de Recherche sur la Conservation des Collections (MNHN-CNRS-MCC), Paris, France
'Preserving while exhibiting photographs: new challenges'
Gaël de Guichen, dvisor to the Director General of ICCROM, International Centre for the Study of the Preservation and Restoration of Cultural Property, Rome, Italy
'A few suggestions to protect works of art against damage caused by light'
Paul Messier, Conservator of Photographs in Private Practice, Boston, Massachusetts, USA
'Investigating photographic materials and techniques: Man Ray's Le Violon d'Ingres'
The AXA Art & CRCC Initiative on Preserving Photographs
AXA Art has awarded AXA Art Research Grant to the CRCC in Paris, to examine new means in protecting fine art photography. This AXA Art/CRCC collaboration aims to make collectors better aware of the fragile nature of photographs, and to explore possible solutions in addressing photography's unique preservation issues. A number of recommendations on elementary precautions are being made available throughout this project, enabling collectors to better safeguard their photographs.
The almost twenty-five year relationship between TEFAF and the city of Maastricht has reached a new high. As a way of thanking Maastricht for the hospitality it has shown over the last twenty-five years, TEFAF has made a substantial financial contribution to the Museum aan het Vrijthof to enable its renovation and expansion. TEFAF has now become the official main sponsor of the Museum aan het Vrijthof.
TEFAF will celebrate its twenty-fifth anniversary in March 2012. Making the sponsorship money available now meant that the first stone could be laid last Monday and the museum will reopen to the public in mid-2012.
With the slogan 'Made in Maastricht', the Museum aan het Vrijthof will exhibit the best of five centuries of Maastricht's art, decorative art and design. For almost twenty-five years TEFAF has been showing the finest examples of 7,000 years of the world's art and design. Clearly different in range, but both the results of passion and dedication and the belief that success is not a one-way street.
The renovated museum will mean a splendid expansion of the cultural experiences available in Maastricht for visitors to TEFAF. Maastricht and TEFAF are part of each other's history and future. The relationship was cemented with the laying of the first stone, a tile in the museum foyer, by TEFAF chairman, Ben Janssens. One of the galleries in the Museum aan het Vrijthof has been named after TEFAF — a great way for the fair to keep a symbolic presence in Maastricht all year round.
Photo, from left to right Monique Dickhaut, Director of the Museum aan het Vrijthof, Camille Oostwegel, Chairman of the Museum aan het Vrijthof Foundation, Ben Janssens, Chairman of TEFAF
An extraordinary display of masterpieces will be on show at TEFAF Maastricht 2011. This world famous international art and antiques fair has nine specialist sections with more than 30,000 works of art, old and new. Every object is rigorously vetted by international experts to maintain TEFAF's reputation for exhibiting only the best pieces.
<TEFAF Modern occupies a quarter of the Fair and has a superb range of classical modern and contemporary works to offer. Among the highlights is Mother and Child: Block Seat, a 244 cm-high sculpture by Henry Moore (photo), offered by Landau Fine Art (Montreal).Cast in an edition of nine in 1983, it portrays the child as an elemental, virtually abstract, form. The effect of "the big form protecting the small form", as Moore described it, is compelling.
A few short steps from TEFAF Modern
you will find TEFAF Design
, hosting top specialists in 20th-century design and applied art. Galerie Eric Philippe (Paris)
will exhibit a dining set of a table, twelve chairs and a sideboard. It was created in 1923 by Christen Emanuel Kjaer Monberg
and Axel Salto
for Mr Maggaard, president of the Danish Shipowners Association.
TEFAF is a veritable treasure trove for collectors. Rupert Wace Ancient Art (London) is bringing an extremely rare Greek idol (photo) made about 7,000 years ago. The small white marble figure of a woman is one of fewer than a dozen known pieces dating from this early era, most of which are in museums. It is 2,000 years older than the majority of surviving Cycladic works of art.
In TEFAF Paper
first-time exhibitor Stephen Ongpin Fine Art (London)
will show a preparatory water colour by Renoir
for his painting Bathers in the Forest
. Some twenty more works by Renoir
can be admired in the Hammer Galleries (New York)
display in TEFAF Paintings
. Among them is a fine painting of Renoir's son Claude (photo) dating from around 1906. It will go on public show for the first time at TEFAF.
TEFAF offers sparkling gems and objets d'art from the past and the present. Véronique Bamps (Monaco) presents a unique necklace in yellow gold made by René Boivin of Paris in 1945 for Princess Irène of Greece. This superb piece is decorated with pompons set with brilliant cut diamonds.
TEFAF Paper will have a small but exquisite loan exhibition in 2011. Wim Pijbes, Managing Director of the Rijksmuseum, Amsterdam, will bring his personal choice of late 15th century works on paper from the museum's collection to TEFAF. Director's Choice: The Happy Hunter will show prints and drawings with a hunting theme.
The Deer Hunt by the Master of the Amsterdam Cabinet, Circa 1485-90
"TEFAF is the best hunting place for private and professional collectors," says Wim Pijbes. "I am honoured to be able to present an exquisite selection of the best and rarest works on paper from our own collection. I have chosen the title The Happy Hunter as a metaphor for TEFAF".
During TEFAF Maastricht 2011 this successful initiative will be continued by a number of TEFAF dealers, who are keen to share their passion for art with visitors. Every day at 4.30 p.m. a TEFAF hostess will take a small group of visitors (maximum fifteen) to dealers who will highlight a specific object or explain why he/she became a dealer. The group will visit five or six dealers in one hour.
This service to the visitors will be free of charge and offered at the end of each working day. These daily tours will take place from Friday 18 March to Saturday 26 March 2011. Visitors may sign up for Dealers' Choice at the information desk in the entrance hall.
The latest Art Market Report commissioned by TEFAF, The Global Art Market in 2010: Crisis and Recovery, will focus on how modern and contemporary works of art fared between 2009 and 2011. It will also examine how the international art market as a whole performed as it moved out of the global recession. The study is being prepared by Dr Clare McAndrew, a cultural economist specialising in the fine and decorative art market. More information on the report will follow.
TEFAF also provides talented younger dealers with an opportunity to exhibit at the Fair on a one-off basis through TEFAF Showcase.
The six successful galleries for 2011 have been chosen from 80 applicants and are from France, the United Kingdom and the United States. They are:
Crispian Riley-Smith, a specialist in Master Drawings, from North Yorkshire in the United Kingdom. He will be bringing Dutch and Flemish watercolours and drawings from the 16th to the 19th centuries to TEFAF.
Galerie 1492 from Paris. Run by Yannick Durand, this gallery specialises in Pre-Columbian and colonial art of the Americas.
Galerie David Ghezelbash, also from Paris, dealing in classical antiquities from Greece, Rome, Egypt and the Middle East.
Gibson Antiques Ltd from London. Founded by Alastair Gibson, a former director of Sotheby's, the gallery specialises in Chinese ceramics and works of art.
Galerie Sophie Scheidecker from Paris dealing in modern and contemporary art. Sophie Scheidecker has curated exhibitions in Europe and North and South America.
Elle Shushan Fine Portrait Miniatures from Philadelphia in the United States. Elle Shushan is a leading international dealer in portrait miniatures and has contributed to several landmark publications.
"We had 80 applicants for Showcase, far more than last year," says Ben Janssens, Chairman of the Executive Committee of TEFAF. "It was a difficult decision as there were quite a number that were good enough to exhibit in Showcase. We were looking for disciplines that are not represented at the Fair and for quality."
TEFAF has been supporting cancer research since 2005 by means of a TEFAF Chair of Oncology at Maastricht UMC+ (Maastricht University Medical Centre). To add force to this commitment, a team from TEFAF took part in the Preuvenetour, a charity cycling event. On 2 September twenty-four teams of four cyclists rode 115 km through the beautiful landscape of South Limburg with just one goal—to collect money for the Health Foundation Limburg.
Part of the TEFAF Preuvenetour team (left to right): Ben Janssens (Chairman TEFAF), Niels Glandorff
TEFAF) and Joppe Bouwman (TEFAF visitor)