Tuesday, March 31, 2009

What's Happening in Today's Art Market:

Modern Masters

Matisse Picasso Miro Leger



Even with the current financial situation at hand, Modern Masters are holding their own extremely well, even setting new world record highs. Henri Matisse's Le coucous, tapis bleu et rose, 1911 shown first, set a new record high for the artist in February 2009 for $46.4 million originally estimated at 15.5 – 23.3 million. Pablo Picasso's Deux Personnages -Marie Therese et sa soeur lisant, 1934 sold in November of 2008 an original oil sold for $18 million at auction (shown 2nd). Earlier this year (2009) Juan Miro's Femmes et oiseaux dans la nuit, 1968 sold in February for $2.7 million at auction. Also in February of this year Ferdinand Leger's oil paining La tasse de the, 1921 sold at a new world record high for the artist in for $14.8 million (last image). At this point in time it is safe to say that Modern Masters are the choice in art and will continue to hold strong values, proving the current economic reversal as these works are highly sought after and historically significant. Two aspects a collector can always count on when it comes to secure areas in which to back our dollars. More information on this subject: "Sale of the Century", "Chrsties YSL Auction Raisses $477 Million",


Due to the Excessive Prices of Paintings: Prints and Drawings are the New First Tier


Classic Collecting Scenario
Maximum Quality + Minimum Price = Price Growth


Factors Driving the Market

Museums (70 New museums opening) on a collecting spree for Modern Masters

Recent YSL Auction set a number of world records in this bad financial climate
Excess of money on the sidelines looking for blue chip material

Quality, gold standard art has strong demand for limited supply
Excellent investment for the future and superb hedge against coming inflation

Top Quality Prints are Area of Choice

Will always have future value
Enjoyable in the home
Meets the Classic Formula: Minimum Supply and Maximum Demand
Top quality prints have tremendous price growth in current market


Recommended Modern Masters Graphics at Galerie Michael


Picasso Miro Chagall Dali




Check out our website to view our Modern Master Collections


La Pose Habillee

Pablo Picasso
(1881-1973)

La Pose Habillee
Hand colored in different colors over a trial proof touch plate,
Unique one of a kind original Picasso - mix media colored drawing.
Signed lower right
26 x 19 3/4 inches (66.04 x 50.17 cm)

#402010





Picasso's La Pose Habillee, captures some of the Artist's most extensive and vibrant hand coloring to date, his choice of color and the method in which it has been applied to this graphic work is remarkable. A highly creative collectible unique original work shows the spontaneity of Picasso's hand. Very few works of this genre are this developed.


This artwork is signed lower right in red crayon and dedicated "Pour Paule".
'La Pose Habillee' aside from this proof the numbered edition is compiled of 50 lithographs on Arches wove paper with wide margins.

Tuesday, November 4, 2008

Newsletter Vol. 2



Barbizon: A Journey to Impressionism Weekend with Galerie Michael


Galerie Michael is proud to present our 22nd Annual Barbizon Weekend this November 14th and 15th. We have searched the world over and discovered many important works of art which will be proudly unveiled during this extraordinary exhibition.

Renowned lecturer Dr. Steven Adams, Professor at The University of Hertfordshire, Hatfield UK, and lecturer at the Victoria and Albert Museum and National Gallery in London, will be giving an in depth, informative lecture. The lecture will present comprehensive insight into the seminal evolution of “Plein Aire”, Nineteenth Century painting in Barbizon. Dr. Steven Adams is also the author of “The Barbizon School & the Origins of Impressionism” one of the foremost books on the Barbizon school.

Michael Schwartz owner and Barbizon expert will also be speaking Friday Evening, the 14th and Saturday brunch, the 15th at noon.

Dr. Gabriel Weisberg of the University of Minnesota, has also contributed an extensive essay in our Exhibition Catalogue “Barbizon: A Journey to Impressionism Please contact us to receive the catalogue.

The Exhibition will include many unique and intriguing works such as a rare Breton, La Rammasseuse de Bois #909820 (the cover of the catalogue). This painting was discovered at a remote country venue in France. Works of this quality and historic importance are rarely seen outside of museums.

Billete, Breton’s assistant jointly signed Breton’s painting of a La Rammasseuse de Bois, which illustrates “a very traditional theme throughout the nineteenth century”. Attention is called “to the artist’s working methods, while also allowing him to maintain his ties with the Barbizon aesthetic even at the close of the century. This imposing work shows that Breton was still focused on the idea of creating a presentation piece for a public exhibition, just as he had at the Salons of the 1850s, where he first gained recognition with paintings of gleaners and wood gatherers.” – Weisberg ‘The Resurgence of Barbizon’

The exhibition will include an extensive collection of Diaz de la Pena works, the likes of which have not been seen for over a century. Particularly notable is Diaz’s collaboration with his assistant Leon Richet titled L’ondee, plaine de Barbizon #909162 (page 32 in the Catalogue) “Narcisse Virgile Diaz de la Pena, one of the masters of the Barbizon School, had the greatest influence on Leon Richet, as it was Diaz who brought him to the forest of Fontainebleau. The fact that Richet is known as one of the painters of the Barbizon School is without a doubt due to the influence of Diaz.” – Carrie Kilpatrick (Galerie Michael Curator)

Richet’s success at the Paris salon, including an honorable mention in 1885 and a second class medal in 1888, was due to the magnificent paintings he exhibited. Profoundly inspired by Diaz’s work and dedication, Richet strove to capture the idyllic and rustic aspect of nature. He studied the use of light, which played an integral part in his work, similarly to the way the Impressionists would paint only a few years later.”

– Carrie Larson-Kilpatrick (Galerie Michael Curator)


Diaz, Richet, Jacque, Lhermitte, Breton and the other artists in the Barbizon School are extremely important to the history and evolution of modern art. Without the Barbizon School’s rebellious act to throw away the strict academic teachings of the Salons and steping outside the studio to observe and directly paint nature in the forests of Fontainebleau, the Impressionists may have never come to pass.

Impressionist artists such as Pierre Auguste Renoir, Claude Monet, and Edouard Manet were highly influenced by the Barbizon School. That influence was not one of admiration but one of study and apprenticeship. Renoir himself studied under the watchful eye of Diaz in the Forests of Barbizon. The color pallete, subject matter and tonalities were some of the noticeable influences that Diaz had on Renoir, Monet and the Impressionists.

We look forward to having you join us for an insightful weekend of scholarship, fun, and discovery. Please RSVP as soon as possible as space is extremely limited. Contact your galerie representative for more details and information.


The Barbizon Weekend will include the following events:

Friday November 14th

3:30pm Getty Tour with one of our art consultants/curator

6:30 pm Exhibition Opening at Galerie Michael

Saturday November 15th
12:00pm Brunch at Galerie Michael and the Annex
2:30 pm LACMA (Los Angeles Museum of Art) exclusive tour with Dr. Steven Adams offered to Galerie Michael Guests only – Limited Space Available.




Thursday, October 16, 2008

What Will Save Us?

    To paraphrase the ubiquitous movie trailers ---“in a world gone mad where banks are closing, stocks are crashing, real estate is in a freefall – what is a mere mortal to do? What will save us?” Melodramatic? Well, there is a simple and time proven answer --- Fine Art.

     In times of economic turmoil and war, the only commodity to not only sustain its value, but increase it, is Fine Art. This is not the stuff of fiction or fantasy, but reality. Why does art beat stocks in wartime or economic recession? The art market is a prudent area for shelter and long term investment during those times. There is a historic rise in the art market during times of economic chaos, terrorism, and war. Art becomes a safe haven for investors who take flight to tangibles.

     The October 2001 New York and London auctions, a mere month after the September 11th attacks, sold 90% of their lots and it continues as strongly today. What does this say? Perhaps stability is a better path than volatility. With investors shying away or even shunning the stock market and real estate there is what a former Sotheby’s CEO says, “Bags of money out there for art.” This is not unique to Americans, as the new age of investors/collectors is emerging from Russia, China, India and the Middle East. This represents a shift from the traditional paradigm of almost exclusively Western involvement to a new global market.

     Ultimately, what does this mean for the mere mortal?  One can still acquire a Fine Rembrandt or Picasso under $10,000.  Remember, by working smart, and with a professional art advisor, a $6,000 or $7,000 investment in a Picasso lithograph, over time, will reap a benefit, not only financially, but most certainly cerebrally, and why not?  Fine Art has a proven track record in times of economic chaos and what could be more meaningfull than sharing our lives with Mr. Picasso or Mr. Rembrandt?


Robert Vehon

Fine Art Consultant

October 16, 2008