There's 47 lots available for the evening sale at Sotheby's on the 5th of November and the mood is buoyant with the US thanksgiving just around the corner and an US economy in full swing trying to shine the light ahead for the rest of the global economy.
Fine art is collectible not only because it is evocative and take's the viewer through an emotional experience but also because it is an investment that can grow in time particularly when world economies are growing and people find themselves with more disposable income to invest. Yes, just as people buy stocks there are people who make choice decisions of building a portfolio of rare collectibles for financial investment. So the world of art can be said to be of no less importance as a financial market than a stock market in this sense.
Sotheby's of course carry a distinguished name and the setting for an auction takes a whole lot of work. in terms of preparation there are decisions made over the shape of the theme event; then there is the identification of possible sales targets and then the gathering of a portfolio and all the marketing to be done to make up for a lively and consummate event.
Watch for a lively activity and bids on the lower end of the price range under 10m USD.
Two pieces caught my eye.
At the upcoming event watch out for Lot 2 and the idiosyncratic Marc Chagall and the 1927-28 'L'Homme au Parapluie' - 'Man with Umbrella' with Chagall's excitement for circus pageantry on canvas.
And this piece at Lot 5 by René Magritte has certainly caught my eye. It is the 1955 work 'Le Maitre D'ecole' 'School Master' and i think this piece shall see some very lively interest.
In any case there should be quite a stir as Impressionist auctions tend to attract a lot of interest.
Discussions in fine art by Pieter Bergli
For my readers that enjoy a cafe and something to read please turn to my other blog -
http://thegenteelworldofcoffee.blogspot.com/
and of course for lovers of art
https://www.pinterest.com/myartmusings/
Thank you
For my readers that enjoy a cafe and something to read please turn to my other blog -
http://thegenteelworldofcoffee.blogspot.com/
and of course for lovers of art
https://www.pinterest.com/myartmusings/
Thank you
