Art Investment

Charles Saatchi is selling 50 works from its collection at Christie's


Tracey Emin Meet with my past
Source: thesteepletimes.com

gallery owner Charles Saatchi sells 50 major sculptures and installations from its collections. The works will be sold through the auction house Christie's on October 17 - just in time for the art fair Frieze. Lovers of juicy stories were quick to link this with the sale of the divorce process Saatchi and his wife Nigella Lawson (Nigella Lawson). However, the director of the Saatchi Gallery in London Phillip Adams (Philippa Adams) has assured that the division of jointly acquired property in a marriage has nothing to do with it and the sale of this part of the meeting was planned for a long time, and the proceeds are going to put on educational programs and providing free access to viewers in the Saatchi Gallery .

Among the auctioned works is the installation Tracey Emin "Meet my past", which is a bed with posts, embroidered curtains and bedspreads. This and other works are so large that the pre-auction show will be held at the office Christie's, and at the former post stock. In addition to working Emin, will sell sculptures by German artist Isa Genzken (Isa Genzken), Belgian Berlind de breaker (Berlinde de Bruyckere), Scottish artist Karla Black (Karla Black), and Canadian David Altmeyda (David Altmejd). All of the above artists in the recent past represented their country at the Venice Biennale.

The auction will be held in an unusual format. Do lots will be no reserve price or estimate. So he decided to Saatchi. Such a strategy has been controversial among experts estimate the art market. Although the gallery director Philip Adam and says that the way Charles wanted to attract as many public institutions and to give everyone a chance to buy the work of the expert Louisa Buck (Louisa Buck) believes that this kind of posturing. If Saatchi seriously wanted to give the public the works to museums, it could offer them directly at minimal cost or even free. When it comes to the auction to sell items much lower than the market no one is interested. Sometimes the dealers are willing to buy their art work of their charges - if only they would not go too cheap.

head of postwar and contemporary art Chrsitie's Francis Autrid, as you might guess, sided with the seller. According to him, the reputation of artists are very important to them, before the abolition of reserves and estimate: they consulted with the authors of the work, and of course, try to make each one of them got into a good collection. He added that priority will be given to the state of the British Museum, and if necessary they will be able to take the work in installments. Head of charity Art Fund Doshar Stephen (Stephen Deuchar), which is often the case with the procurement of works of art for public collections, has noticed that not many museums are now ready to shop. More Doshara confusing is how it has been selected works for sale. Knowing the long-standing principle of Saatchi sell you no longer need to buy a new work, the head of the Art Fund thinks - but not those it most of which are now Saatchi became unnecessary?

Prepared by Mary Onuchina, AI

Sources : theguardian.com , thesteepletimes.com , artinvestment.ru


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