Art Investment

Market outlook papers Helen Frankentaler

Due to the recent death of the artist Artinfo reflects that in the near future will be the price of its product

Helen Frankentaler in his New York studio
about 1957. Source: famous American painter Helen Frankentaler (Helen Frankenthaler), a representative of the second wave of Abstract Expressionism, New Year's Eve at the age of 83 years . This sad event made art and art market players to think about: they all wondered how a stand made of rich fabrics and bright colors of the artist and the test of time that will eventually be the price to work Frankentaler.

James Yoi (James Yohe) from gallery Ameringer /McEnery /Yohe, who worked with the artist, believes that it will remain in the history of art as a writer, "perekinuvshy bridge from the abstract expressionism in painting the color field. "art historian Irving Sandler (Irving Sandler), in contrast, do not believe that creativity Frankentaler strengthen its position as a significant phenomenon in the history of art.

However, throughout the his career, Helen Frankentaler experienced ups and downs and faced with the fact that the attitude towards her work is not changed once. In recent years, however, prices for works of the artist kept at a consistently high level.

In December 2009, at the exhibition Frankentaler Gallery Ameringer /McEnery /Yohe work can be purchased for the sum of 400 thousand dollars to one million. Last November at Christie's in New York, written with acrylic on canvas painting "Royal Fireworks" in 1975 was sold for a record sum for Frankentaler 818 500 dollars estimeyte 250-350 thousand.

According to James Yoi, if in the near future work Frankentaler appear on the market, under the present circumstances is quite likely, "She can make a million or even much larger sum." "The price is high" - believes the dealer. For example, a key work of the artist's "Mountains and Sea," which is under long-term loan is now in the National Gallery of Art in Washington, could easily reach or even exceed the record for female artists abroad to $ 10 million (of all art-give it failed to overcome so far only the sculptor Louise Bourgeois (Louise Bourgeois), whose work in 2003 "Spider" at Christie's in November, went under the hammer for 10 7 million dollars).

sale of "Mountains and Sea," of course, is only a guess. Moreover, even now it is unclear who will manage the creative legacy of the artist as gallery Knoedler & Company, with whom she collaborated for a long time, unexpectedly closed in November last year under mysterious circumstances after being accused of selling fake works of Pollock (Pollock) . dealer Knoedler & Company, Ann Friedman (Ann Freedman), who worked with Frankentaler and in 2008 organized the exhibition, is on the case as a defendant.

No comment on the legacy of the artist is also not followed, and from James Yoi, the second dealer Frankentaler whereby its second major work, "Composition with blue form" of 1961 came to the Whitney Museum of American Art (Whitney Museum of American Art).

Prepared by Mary Estrova, AI

Source : artinvestment.ru


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