Tales from the London Old Master Sales: from 17,000 to 3.2 million!

Following the low energy at Christie's and Bonhams Old Master sales in London, there was more buzz and  excitement at Sotheby’s evening last night and the sale did quite well. Although some of our favourite works are reserved for the New York sales in January, there were still some works that we loved in the mix. Such as the delicate tiny "Lucretia" by Lucas Cranach the Elder which sold for just over £1million, and the Rogier van der Weyden of the Pieta - although by a follower, it is a strong work and it’s not like you can buy the original from the Musée Royaux des Beaux-Arts in Brussels. One of the highlights of the evening was the Portrait of a Gentleman by Sir Peter Paul Rubens, a very fine, Velazquez-like work by the master. This portrait was sold for £3.2million, well above its estimate £400,000-600,000.  What makes the story interesting is that this painting was purchased at Christie’s Paris in 2003 as Circle of Rubens for a mere € 17,000!! Christie’s must be upset for getting this one wrong, so is the owner who consigned it to them. This is where one clearly sees the importance of expertise and talent for spotting good quality paintings.

Milan's Secret Museum

Come and discover one of hidden gems in Milan: Poldi Pezzoli Museum. This extraordinary 'secret' museum is a few meters away from the famous Teatro alla Scala and full of Renaissance paintings and other treasures, all displayed in a beautiful domestic setting. The museum was the former home of the Milanese nobleman Gian Giacomo Poldi Pezzoli, who died in 1879 and donated his home and collection for public use and benefit. Similar to the Frick Collection in New York, the Isabella Stewart Gardner in Boston, or the Musee Jacquemart-Andre in Paris. Here you will see masterpieces by Botticelli, Mantegna, Pollaiolo and sculptures, arms and armour, jewels, porcelains, lace, glass, furniture --- list goes on!

Amongst the highlights are the stunning "Madonna of the Book" by Florentine master Botticelli, "Imago Pietatis" by Giovanni Bellini, Piero della Francesca's monumental "St. Nicholas of Tolentino" and finally the symbol of the museum; "Portrait of a Woman" by Piero del Pollaiolo. The museum also holds interesting exhibitions with contemporary art works.

A recent show was "Symbols and geometry in Piero della Francesca: A reading of Chiara Dynys" which gave focus to Francesca's "St. Nicholas of Tolentino." This Renaissance work represents the saint in hieratic position that raises the index upwards in the direction of the stars and the sky which inspired the contemporary artist Chiara Dynys to create a dialogue between ancient and modern alchemy, particularly because Francesca was a mathematician as well as a painter. So next time in Milan, remember to make a stop at this little gem.

Sculptures behind the Renaissance

When you think of the great Renaissance works, one tends to focus on oil paintings and the painters. But without the sculptors who paved the way, we would have no Botticelli, Leonardo or Raphael. Renaissance really began in a few decades at the beginning of the 15th century in Florence, and a superb exhibition "The Springtime of the Renaissance" at Palazzo Strozzi in Florence maps out this artistic revolution and brings together a treasure-studded retrospective of sculpture through Western art's most important era. Speaking of the exhibition, curator Beatrice Paolozzi Strozzi says "the exhibition aims to show that the origin of this revolution, which lasted two centuries, was sculpture."

Works by masters including Donatello and Masaccio, Brunelleschi and Paolo Uccello have been loaned for the unprecedented show, with works coming from collections including the Louvre in Paris, the Bargello Museum in Florence, the Victoria and Albert Museum in London, the Bode-Museum in Berlin, the Metropolitan in New York and the National Gallery in Washington.

Amongst the loans is the Cortona sarcophagus, carved with Amazon warriors and plunging centaurs, that Brunelleschi is said to have walked all the way from Florence to see. The Bode-Museum lent a magnificent work by Donatello known as the "Madonna Pazzi" -- a marble statue used to create molds that were then used to cast copies in bronze. Speaking of this work, Beatrice Paolozzi Strozzi says:

"These moulds in terracotta or stucco were not that costly so that any store or convent could afford the statues in Florence and elsewhere. This allowed the aesthetic revolution to spread, including outside of Italy."

Copies of the molds were made especially for the exhibition and put on display where visitors are encouraged to touch them.

Congratulations are due to the three institutions behind this show: the Louvre and the Bargello Museum, both of which have amazing permanent holdings, and Palazzo Strozzi. The exhibition ends in Florence on 18th of August, and will travel to the Louvre in September, on view until 6th of January 2014. So plenty of chance to see it.

Old Masters Boom in Singapore

It seems like there is an Old Master paintings boom in Singapore! First it was the announcement that highlights from the world famous Princely Collection of Liechtenstein, normally housed in the Liechtenstein Palaces, are going on exhibit at the National Museum of Singapore, which opened on 26^th of June. Singapore is already the fourth stop for the collections' Asia tour, which have included Tokyo, Kochi and Kyoto. Further exhibitions in Beijing’s National Museum and the China Art Museum in Shanghai are planned to starting in the autumn.

Although these loan exhibitions are to promote the LGT Bank (owned by the princely House of Liechtenstein) in Asia, it certainly serves a great cultural purpose. The show is curated by Dr. Johann Kraftner, the family's art advisor and director of its two museums in Vienna, and brings together by masterworks including Raphael, Rubens, Canaletto and Pieter Brueghel the Younger.

The Canaletto on view was sold to the coll ection through the London-based Old Master dealer Derek Johns, who recently started a new venture in Singapore as well. Together with his Singapore-based partner Chng Hock Huat, and joining forces with Monaco-based dealer Marietta Vinci-Corsini (widow of the famous dealer Piero Corsini who passed away in 2001) Derek Johns has set up Emperor Fine Art in Singapore, giving the opportunity to see European Old Master paintings within the Asian region.

Johns and Corsini selected a group of paintings from their gallery stock to send to Singapore and held their first official week of events which cleverly corresponded with the opening of the Liechtenstein exhibition on 26th of June.

Add all this information on to the fact that just a month ago, the Singaporean government announced that the Pinacothèque de Paris is to bring Old Masters and Modern art in a pop-up space from September during the renovations to its main building in Paris. Owned and run by the Modigliani scholar Marc Restellini, the Pinacothèque first opened in 2007, and since 2011 has been displaying a collection of masterpieces from Van Dyck, Monet and Modigliani to Picasso and Pollock; all works on loan from private or public collections.

Singaporeans are getting a series of events and exhibitions highlighting Old Masters! Exhibitions are a great way to educate and expose audiences to such works, which is even better news for the dealers as they hope that after viewing and admiring the Old Master treasures on display, the Asian audience will be more inclined to start collecting them too.