Willem Fetches £7m
So how much did JMW Turner's Pope's Villa At Twickenham (CLICK) fetch at Sotheby's London auction yesterday? £5.4m. Hard cheese, Sotheby's. It isn't one of his best. The star of the show proved to be Frans Hals' Portrait of Willem van Heythuysen (1638) which sold for £7m. New records for 19 artists were set, including Tintoretto, Guido Reni, Jan Brueghel the Elder, Aert van der Neer and Taddeo di Bartolo. Credit crunch? What credit crunch? The art market is buoyant thanks to the super rich and Russian and Middle Eastern investors, who currently regard art as a safer investment than stocks and shares, according to the Royal Institution of Chartered Surveyors (CLICK). The day I'm looking forward to is when the world wakes up to the fact that hyped "modern art" isn't worth the canvas it ruined. £50 mil. for a Picasso? Thought he was a genius? Oh, you poor chump. Give you a fiver for the frame.
posted by Unknown @ 10.7.08
2 comments
2 Comments:
I had predicted that the turner of Pope's Villa would not fetc the £7 million which Sotheby's had led the vendors to expect.
I guess Sotheby's got carried away by the name Turner. It did make the 4th best price for a Turner, but it looks so mediocre I wouldn't have recognized it as a Turner. Hundreds of artists could have churned this out. It might look better when cleaned, but I doubt it.
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