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Committed to promoting European culture and history, whether it is horology or the decorative arts, Swiss watch manufacture Breguet has made it possible for the new display of 18th-century French decorative arts in the Louvre Museum in Paris to see the light of day, with the reopening last June of 33 dedicated galleries, previously closed for almost a decade.

It was the golden age of the French decorative arts, a time when everybody who was anybody had one wish: to make their way to the City of Light to make their fortune. The French capital was the epicenter of creativity and savoir-faire in every sphere of art in the 18th century (what has been called “a moment of grace in French art”), when all of the best artists and designers from around France, Italy, Germany and the Netherlands flocked to Paris to work.

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The art of French lacquer developed in the late 17th century in response to the rising popularity of Japanese and Chinese lacquerware and quickly led to concentration of gilder-varnisher workshops in the Saint-Antoine quarter in Paris where the cabinetmakers and joiners were already established. The French even developed their own technique, Vernis Martin — as recently retraced in an exhibition at the Musée des Arts Décoratifs, Paris — that enabled the craftsmen to generate blues, greens, and yellows, in addition to Asian reds and blacks. Vernis Martin was soon used to cover all kinds of materials and decorative objects, from woodwork paneling to musical instruments and even horse-drawn carriages.

While lacquering is most traditionally associated with wood and bamboo, it can also be applied on metal, and it is this technique that the skilled craftsmen and women at Hermès have applied in miniature to a new limited edition collection of three new watches under the Arceau Cheval d’Orient name.

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Marc-Olivier Wahler has been chosen as the first guest curator for the annual Audemars Piguet Art Commission. Wahler has been invited by the brand to work with the first artist selected for the commission on the production of a major new artwork to be unveiled at Art Basel in Basel 2015. As the founder and director of the Chalet Society in Paris, and the former director of the Palais de Tokyo, Wahler brings the experience of organising over 400 exhibitions during the last 20 years to Audemars Piguet’s new arts commissioning project.
 
Drawing on inspiration from the craftsmanship and technical excellence inherent to Audemars Piguet's legacy of watchmaking, the Audemars Piguet Art Commission will support artists in the creation of new works which explore relationships between contemporary creative practice and complex mechanics, technology, and science.

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Audemars Piguet has announced the launch of an art commission program that will support one major artwork each year by an emerging or midcareer artist.

Each commission will be overseen by an internationally renowned guest curator and will be unveiled at one of the three international Art Basel events — Hong Kong, Basel, and Miami Beach — on a rotating basis. An announced of the first artist to be selected will be made later this year and that artist’s work will be unveiled at Art Basel in Basel in June 2015.

 
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Thursday, 26 September 2013 18:50

Christie’s Holds First Auction in Mainland China

Christie’s held its first auction in Mainland China on Thursday, September 26, 2013. The sale included 39 paintings, sculpture, jewelry, watches and wine and garnered $24.9 million. A ruby and diamond necklace, which sold for $2.9 million was the top lot but failed to reach its high estimate of $4.6 million.

The modest sale marked the first time that an international auction house has been allowed to independently hold an auction in China. Christie’s received its license to conduct auctions in China in April and agreed not to sell any “cultural relics” dated before 1949 when the Communist Party took power.

China’s art market continues to grow at a rapid pace, making it an ideal location for international auction houses. The sale of art and antiques in China garnered $13.7 billion in 2012, making it the second largest market in the world behind the United States. The country’s strong buyer base has been active in Christie’s global auction centers in New York, London, Hong Kong, and Paris. In fact, the number of clients from Mainland China bidding at Christie’s international auctions has doubled since 2008. Christie’s presence in Shanghai will allow the auction house to sell directly to China’s growing number of wealthy buyers.  

China’s auction market is currently dominated by the country’s own Beijing Poly International and China Guardian. Sotheby’s joined forces with the state-owned Beijing GeHua Cultural Development Group last year to hold auctions in China. Sotheby’s own 80% of its venture with Beijing Gehua.

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Thursday, 29 August 2013 19:08

Important Timepieces on View at the Frick

The Frick Collection in New York is currently hosting the exhibition Precision and Splendor: Clocks and Watches at the Frick Collection. The museum, one of the finest small art institutions in the U.S., is known for its illustrious collection of Old Master paintings, furniture and European timepieces.

Most of the Frick’s clocks and watches were acquired through a bequest from the New York collector Winthrop Kellogg Edey in 1999. Due to limited space in the museum’s permanent gallery, the Frick has only been able to exhibit part of Edey’s collection, which is comprised of 38 watches and clocks dating from the Renaissance to the 19th century. Precision and Splendor, which includes 14 watches and 11 clocks from Edey’s gift, allows patrons a rare, in-depth glimpse of the impressive collection.

In addition to a masterwork by Pierre de Fobis and significant timepieces by George Smith, Henry Arlaud, Julien Le Roy and Antoine-Louis Breguet, Precision and Splendor includes five clocks on loan from the established collector Horace Wood Brock. The works, which were created in 18th century France, have never been on view in New York City.

Precision and Splendor will be on view at the Frick Collection through February 2, 2014.

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Pedro Luis Enriquez who goes by the nickname “El Loco” or “the Madman” has pleaded guilty to stealing $15 million worth of jewelry and watches from Provident Jewelry in Jupiter, Florida.

Investigators believe that three people were involved in the heist that took place on January 22, 2011 although Enriquez, 41, was the only suspect who has been apprehended. The thieves used a jackhammer-style tool and a high-pressure cutting torch to open a vault surrounded by 10 inches of reinforced concrete. Inside the vault, police found an open bottle of wine and a small flashlight, which contained DNA matching Enriquez’s.

Miami-Dade County Police have recovered 170 of the 1,6000 pieces of jewelry, loose stones and watches that were stolen; four arrests have been made in connection to the trafficking of the stolen goods.

Investigators received their first break in the case three weeks after the robbery when one of the stolen loose stones turned up at the Gemological Institute of America in New York. Police tracked the stone to a pawnshop in Miami and were able to recover another 100 stones.

Enriquez, who will serve 15 years in prison, has not volunteered any information about the heist or his accomplices.

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A painting by renowned Pop artist Roy Lichtenstein (1923-1997) will be the highlight of Masterpiece London, which takes place at the Royal Hospital Chelsea from June 27 through July 3, 2013. Now in its fourth year, the show presents the finest art, antiques, and design from across the globe.

While works ranging from furniture, jewelry, and books to classic cars, watches, and whiskey will be offered, there is one particular artwork generating tons of pre-show buzz. Geoffrey Diner, a Washington, D.C.-based art dealer, will present Roy Lichtenstein’s Puzzle Portrait (1978), which has not been seen in public in 30 years and has never appeared at auction. Similar paintings are part of the Guggenheim Museum’s and the Metropolitan Museum of Art’s collections in New York. Puzzle Portrait is expected to garner around $10 million.    

Diner has revealed little about the painting’s provenance other than the fact that it was sold in 1984 to “a prominent American collection.” Diner purchased the painting privately last year and the change of ownership still has not been registered in the Lichtenstein Foundation archives. The identity of the previous owners will be revealed to the buyer upon acquisition of the painting. The future buyer will also be given the personal correspondence between them and the artist from the original transaction.

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George Bailey, the Chairman of Business Development at Sotheby’s London has partnered with fellow Sotheby’s employee, Lucinda Blythe, to launch an independent online auction site. The Auction Room (www.theauctionroom.com) specializes in “middle market” works of art that fall just under the minimum value criteria that many big name auction houses such as Sotheby’s and Christie’s enforce.

The Auction Room’s inaugural sale of Middle Eastern Contemporary Art will take place on June 24, 2013. An accompanying exhibition will held in London so that prospective buyers can view the works in person before the online sale begins. All of the lots offered will also be available for browsing two weeks before the sale on The Auction Room’s website.

The Auction Room will also specialize in the sale of jewelry, watches, silver, ceramics, and paintings. While the website is a bold new venture, Bailey will maintain his post at Sotheby’s.

Published in News
Wednesday, 10 April 2013 18:29

Christie’s Takes on Mainland China

On Tuesday, April 9, 2013, Christie’s announced that they have been granted a license allowing them to hold independent auctions in Mainland China, making them the first international auction house to do so. The company’s inaugural sale will be held autumn 2013 in Shanghai. Christie’s has been building its relationship with China since 1994 when the auction house set up a representative office in Shanghai.

China’s art market continues to grow at a rapid pace, making it an ideal location for international auction houses. The sale of art and antiques in China garnered $13.7 billion in 2012, making it the second largest market in the world behind the United States. The country’s strong buyer base has been active in Christie’s global auction centers in New York, London, Hong Kong, and Paris. In fact, the number of clients from Mainland China bidding at Christie’s international auctions has doubled since 2008. Christie’s presence in Shanghai will allow the auction house to sell directly to China’s growing number of wealthy buyers.  

China’s auction market is currently dominated by the country’s own Beijing Poly International and China Guardian. Sotheby’s joined forces with the state-owned Beijing GeHua Cultural Development Group last year to hold auctions in China. Sotheby’s own 80% of its venture with Beijing Gehua.

Christie’s recently granted license, which is good for the next 30 years, allows the auction house to hold sales anywhere in China, but prohibits the company from selling anything created before 1949. Christie’s plans to sell wine, jewelry, watches, contemporary Chinese paintings, and international modern paintings starting this fall.

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