{"id":86994,"date":"2025-02-14T04:16:58","date_gmt":"2025-02-14T04:16:58","guid":{"rendered":"https:\/\/peraltafinancing.com\/entertainment\/art\/old-guys\/"},"modified":"2025-02-14T04:16:58","modified_gmt":"2025-02-14T04:16:58","slug":"old-guys","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=86994","title":{"rendered":"Old Guys"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div class=\"et_pb_section et_pb_section_4 et_section_regular\">\n<div class=\"et_pb_row et_pb_row_8\">\n<div class=\"et_pb_column et_pb_column_4_4 et_pb_column_8  et_pb_css_mix_blend_mode_passthrough et-last-child\">\n<div class=\"et_pb_module et_pb_text et_pb_text_21  et_pb_text_align_left et_pb_bg_layout_light\">\n<div class=\"et_pb_text_inner\">\n<p>I ran into Robert Simon at an Appraisers Association reception recently. Bob is one of the preeminent dealers of Old Master art in America, and I took the opportunity to ask him about the current state of the Old Master Market.<\/p>\n<p>I was surprised, though I shouldn\u2019t have been, to learn that Old Master collecting is being shaped by many of the same factors that currently affect the collecting of 19<sup>th<\/sup> and 20<sup>th<\/sup> century art by museums.\u00a0 I say \u201cmuseums\u201d because the vast majority of Old Master sales are to museums.\u00a0 Public institutions have been under pressure to expand their collections by acquiring works by women and artists of color, and that pressure has been applied to the field of Old Masters as well.\u00a0<\/p>\n<p>Works by Artemisia Gentileschi and Elisabeth Vigee-Lebrun have sold for over $5 million and $7 million, respectively, in the past five years.\u00a0 Artists of color working in Europe during the 15<sup>th<\/sup>-18<sup>th<\/sup> centuries are understandably rare &#8212; I can\u2019t think of any from the Renaissance and only a handful from the 18<sup>th<\/sup> century \u2013 but when such works come on the market, there is a bidding war.\u00a0\u00a0 Paintings from that era by white artists that include persons of color as subjects are also in high demand, but the people depicted have to be shown as individuals, not as \u201ctypes.\u201d<\/p>\n<p>Dealing Old Master works, however, has challenges unlike dealing in 19<sup>th<\/sup> and 20<sup>th<\/sup> century art.\u00a0 To state the obvious, most masterpieces long ago passed into the collections of museums, and even if a dealer acquires a major work from the wall of some nobleman\u2019s castle, getting an export permit from the country where the owner lives can be difficult if not impossible.\u00a0 Questions about attribution and condition are particularly problematic.\u00a0 And there\u2019s a new challenge \u2013 <a href=\"https:\/\/www.reaganupshawfineart.com\/no-respect-and-a-sigh-of-relief\">for the past 30 years, there has been a concentrated effort made to locate works of art stolen from Jewish collectors by the Nazis and to return those works to the collectors\u2019 heirs<\/a>.\u00a0A dealer in Old Master art must rigorously review the provenance of works being offered to him, always aware that a lawsuit over title may be waiting to happen.<\/p>\n<p>For all its challenges, dealing in Old Masters can be quite lucrative when once-in-a-lifetime discoveries are made.\u00a0 Bob was part of the consortium of dealers who took a chance on a begrimed old portrait of Christ, listed as a copy of the lost Leonardo da Vinci painting <em>Salvador Mundi<\/em>, that came up for sale at an obscure Louisiana auction house in 2005.\u00a0 The consortium paid $1,175 for the painting.\u00a0 After cleaning and much research, it was announced that the painting was an original work by Leonardo.<\/p>\n<\/div><\/div>\n<div class=\"et_pb_module et_pb_image et_pb_image_8\">\n<p>\t\t\t\t<span class=\"et_pb_image_wrap \"><img decoding=\"async\" loading=\"lazy\" width=\"1768\" height=\"2560\" src=\"https:\/\/www.reaganupshawfineart.com\/wp-content\/uploads\/2024\/09\/Salvator_Mundi_2006-07_photograph_after_cleaning-1-scaled.jpg\" alt=\"Ida O\u2019Keeffe, \u201cFlowers (Gardenias in a Pitcher)\u201d 1932\nOil on canvas, 8 x 7 inches\nPhoto courtesy Christie\u2019s New York\n\" title=\"Salvator_Mundi,_2006-07_photograph,_after_cleaning\" class=\"wp-image-2280\" \/><\/span>\n\t\t\t<\/div>\n<div class=\"et_pb_module et_pb_text et_pb_text_22  et_pb_text_align_left et_pb_bg_layout_light\">\n<div class=\"et_pb_text_inner\">\n<p style=\"text-align: center\">Attributed to Leonardo da Vinci, <em>Salvator Mundi<\/em>. Photo taken after cleaning and before restoration. Photo courtesy Google News.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"et_pb_row et_pb_row_9\">\n<div class=\"et_pb_column et_pb_column_4_4 et_pb_column_9  et_pb_css_mix_blend_mode_passthrough et-last-child\">\n<div class=\"et_pb_module et_pb_text et_pb_text_23  et_pb_text_align_left et_pb_bg_layout_light\">\n<div class=\"et_pb_text_inner\">\n<p>In 2013 the consortium sold the work to a Swiss dealer for $75 million.\u00a0 The dealer sold it to a Russian oligarch for $127.5 million.\u00a0 In 2017, the work was consigned to Christie\u2019s, which did a brilliant job of marketing, touting the piece as \u201cthe male Mona Lisa\u201d when they showed it at their galleries around the world.\u00a0 At their New York space, Christie\u2019s paired the work with an Andy Warhol painting based on Leonardo\u2019s <em>Last Supper.\u00a0 <\/em>The line to view the two works was around the block.\u00a0 At the auction, the painting sold for over $450 million.\u00a0 The buyer was later revealed to be Saudi prince Mohammed bin Salman.\u00a0 Far from being jealous, Bob tells me that he takes his hat off to Christie\u2019s for what they were able to do with the piece.<\/p>\n<p>Every dealer dreams about finding something like <em>Salvador Mundi<\/em>, although the chances are about those of winning the lottery.\u00a0 In my first job in the New York art world, however, I worked for Ira Spanierman, who had had a similar Old Master miracle.\u00a0 I\u2019ll talk about it in some future blog.\u00a0 In the meantime, if you\u2019ve got a painting that shouts \u201cLeonardo!\u201d, give me a call.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>The post <a href=\"https:\/\/www.reaganupshawfineart.com\/old-guys\/\">Old Guys<\/a> appeared first on <a href=\"https:\/\/www.reaganupshawfineart.com\">Reagan Upshaw Fine Art<\/a>.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>I ran into Robert Simon at an Appraisers Association reception recently. Bob is one of the preeminent dealers of Old Master art in America, and I took the opportunity to ask him about the current state of the Old Master Market. I was surprised, though I shouldn\u2019t have been, to learn that Old Master collecting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":86995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100],"tags":[7982],"dealstore":[],"offerexpiration":[],"class_list":["post-86994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-art","tag-guys"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Old Guys - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=86994\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Old Guys - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"I ran into Robert Simon at an Appraisers Association reception recently. 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