Category Archives: Art and Sculpture

King Charles III, Passionate Painter

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King Charles III first began painting in 1970, inspired by Robert Waddell, his art master at Gordonstoun School in Scotland. The school has a 200-acre woodland campus, and is within walking distance of the beaches of the Moray Firth and so provided the young prince with a wealth of subject matter. His Majesty began painting with watercolour at Gordonstoun and has stuck with it until now, despite it’s occasionally unforgiving nature.

The King says it gives him a greater sense of immediacy and ease of working ‘en Plein Air’. He also likes the speed of working in watercolour, it means he is quicker to finish a picture, and so doesn’t have to keep his security detail waiting for too long while he finishes a sketch.

The King is following a tradition first begun by Queen Victoria, who also only used watercolours and as a young girl was taught by well known artists such as William Leighton Leitch (1804-1883) . After leaving school King Charles initially received instruction from the then President of the Royal Academy and Architect Sir Hugh Casson, and his early work clearly shows Casson’s influence. Subsequently he was taught by some of Britain’s most famous Royal Academicians artists, including John Napper, John Ward, the Royal Family’s favourite painter, Edward Seago, and the Anglo Irish artist Derek Hill, who also facilitated painting trips in Ireland for the King.

The King’s style has evolved over the years into something that is clearly his own and for me as a specialist is immediately recognizable, often simply signed with a capital C. Favourite subjects to paint are outdoor scenes, particularly mountains, streams, and the surrounding areas of the Royal estates in Scotland and Norfolk. However other subjects include overseas landscapes including Saudi Arabia and the South of France.

He is a generous supporter of many causes and all profit and sales benefit the Prince’s Trust for Children and the Arts. As a regular Charity auctioneer myself I have brought the gavel down on many of his signed, limited edition colour lithographs all generously donated and selling for prices between £3-£8,000 depending on the event and subject. These also regularly appear for sale on the auction and retail market and so are available for anyone to buy either from traditional galleries or online vendors for between £6-10,000 again depending on subject and rarity. As for the original watercolours, it is my belief that these are only given as personal gifts from the King to his artist and other friends and therefore are kept as treasured gifts and so never sold.

Very very occasionally an original watercolour will find its way onto the auction market, and these are well worth looking out for. King Charles has continuously shown his work in non selling events over the years beginning with his first exhibition in 1977 held at Windsor Castle, where his work was displayed alongside works by Queen Victoria and the Duke of Edinburgh, himself an enthusiastic painter and sometime designer, whose sketches helped create the stained-glass windows in the Private Chapel of Windsor Castle.

The King rather modestly refers to himself as an “enthusiastic amateur,” however sales of his work have raised an estimated £2 million from the sales of signed limited edition prints of his watercolors from 1997 to 2016, making him one of the country’s best-selling living artists. Additionally in conjunction with Hugh Maxwell Casson ,King Charles illustrated a children’s book, “The Old Man of Lochnagar,” about an old, cave-dwelling man who meets a bubble-blowing god of the sea!

I imagine a King’s duties may leave less time for painting, hopefully not as the result is very pleasing to all concerned and is clearly a source of relaxation and pleasure in achievement for our New King.

The Nude

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For the next in my series of articles on what inspires artist to paint, I have chosen The Nude. This is such a vast subject, that I intend to look at Western Art, exploring only paintings from the Renaissance to the present day. Of course sculpture has a very important part to play in the history of The Nude, but for the most part, I am going to ignore it for brevity’s sake.

Sir Kenneth Clark, as he was then, in his brilliant book “The Nude”, (published by John Murray 1956), begins chapter one thus:

“The English language, with its elaborate generosity, distinguished between the naked and the nude. Naked is to be deprived of our clothes and the word implies some of the embarrassment which most of us feel in that condition. The word nude, carries, in educated usage, no uncomfortable overtone. The vague image it projects into the mind is not of a huddled and defenceless body, but of a balanced, prosperous and confident body: the body re-formed.”

Since classical antiquity, the human body has been central to art. We are mostly familiar with sculpture, as so little painting has survived. During the Renaissance, excavations of ancient sites in Rome, Naples and elsewhere unearthed a vast treasure trove of naked gods and goddesses.

These antiquities invited scholars, collectors and artists alike to embrace a classical notion of ideal beauty and Diana, Venus, Danae, Sea Nymphs and various other creations of Greek and Roman mythology became a rich seam for admirers of the nude to mine. Gods and goddesses seldom wore clothes!

The Bible, too has a store of subjects involving the nude from Adam and Eve in the garden of Eden to Lot and his daughters and Bathsheba.

The obvious potential for eroticism, was reduced by certain conventions in depicting the nude. The bodies, although adult, were hairless and had the look of polished marble rather than flesh – the look of a classical statue, as opposed to a “page 3” girl. This anodyne look, with a few subtle variations, lasted until the mid-19th Century.

There was a convention that allowed little boys to be painted completely naked and they are, frequently, as Cupid and Putti (winged cherubs). Little girls, however, have their lower abdomens covered by draperies. Sometimes adult females are draped too but the folds in the draperies often merely accentuate what is hidden.

The 17th Century ushers in a new aesthetic in Western painting. The dramatic light and shade of Caravaggio’s art in Italy found its way to the North of Europe, via Utrecht artists who worked in Rome. Rembrandt was one who embraced this new realism. When he painted his mistress, Hendrikje Stoffels, as “Bathsheba at Her Bath”, she is very much a woman of flesh and blood. Rembrandt records her rather large feet and hands and slightly tubby torso. He also includes the lump in her left breast, which may have been the cause of her death, aged 39, but her death may have been caused by the Plague, which killed thousands in Amsterdam in 1663. In any event, she is nothing like the classical ideal nude of a century earlier.

With the painting of François Boucher in 18th Century Paris, we return to a notion of ideal beauty. Against a background of political and social turmoil, Boucher depicts a world where elegant and beautiful gods and goddesses float and frolic blissfully.

In the 19th Century painters had a new and potentially devastating invention to contend with, photography. What could a painter do, that a photograph could not? The answer is, interpret the object in front of it, rather than merely record it, which is why, nearly 200 years after the invention of photography we still have war artists.

Édouard Manet’s “Olympia”, exhibited at The Paris Salon in 1865, is partly a return to the ideal, with Olympia’s marmoreal body, but it is also a snapshot of the moment her maid arrives with a bunch of flowers.

In England, three decades after Olympia, John William Godward is painting Campaspe as a living sculpture. She is not as pale as Olympia, but she is definitely statuesque and conventional, to conform with Victorian sensibilities. It is worth remembering that some Victorians draped the legs of their pianos, as legs were suggestive – of what I wonder? Furthermore, librarians separated books by male and female authors, lest they jostle against one another on the bookshelves – I think I know what they are getting at, the possibility of two books turning into a library.

Now we come to the 20th Century, when, as we all know, the rule book is thrown out of the window. There is no norm. Whilst Amadeo Modigliani, is painting an ideal nude, inspired by Italian Renaissance painting, Picasso is producing Cubist nudes in strokes of muted grey and Egon Schiele is producing sexually explicit nudes, which still have the power to shock profoundly and are the subject of censorship in many parts of the world. I’m not going to illustrate one!

Surrealism, of course, has its own take on the nude and Rene Magritte’s “Attempting the Impossible” of 1928 has the artist wearing a brown suit painting a living female nude model in 3-D, standing in the same space that he occupies. It is a witty take on Art imitating Art. The model is little more than a painted statue.

No Study of The Nude is complete without an in depth look at the work of Lucian Freud, a man obsessed with the nude, although he hated the word. In his maturity, he possessed a technique which uses thick impasto (paint) with light scumbles (like light washes) over the top to create a sense of the colour and texture of living flesh. Freud’s sitters are as far removed from the ideal as it is possible to be. The men often appear vulnerable and awkward, as do many of his women.

Sue Tilley, the model for one of his most famous nude portraits, “Benefits Supervisor Sleeping”, became a muse for him in the 1990s. The painting of her asleep on a sofa in Freud’s studio is a masterpiece of observation, empathy and reportage. She is seen from above, lying on his sofa, and the sense of her volume and the space she occupies is breathtaking. She sold at Christie’s for $33.6M, which, at the time, was the world record for a living artist.

The Nude has provoked much thought and inspired the spilling of litres of ink over the centuries. The Guerilla Girls, a group of anonymous American female artists produced a poster of Ingres’ “Grande Odalisque”, a white-skinned female nude seen from behind, with a gorilla’s head and in bold type posed the question: “Do women have to be naked to get into the Met. Museum?” It went on to say “Less than 5% of the artists in the Modern Art Sections are women, but 85% of the nudes are female”.

Through all the convulsions and twists that art has taken from the Renaissance, through Abstraction to the modern day, it is interesting to reflect that Life Classes, drawing the human body using a live model, still go on in every corner of the globe. There are three within a five mile radius of where I live ! To be able to draw the human form is clearly the starting point of all art.

World record prices at auction for the artists mentioned:

Lucas Cranach £9.43M
Cavaliere d’Arpino £325,000
Rembrandt van Rijn £20.2M
François Boucher $2.4M
Édouard Manet $65.126M
John William Godward £1.3M
Amadeo Modigliani $170M
Pablo Picasso $179M
Rene Magritte £59.4M
Lucian Freud $86.2M

The Art of Picasso

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Pablo Picasso died on April 8, 1973, which makes 2023 the 50th anniversary of his death. Incidentally it is also exactly 50 years since I started my career in the Art world at Thomas Agnew in Old Bond Street, where I first had the privilege of handling Picasso’s work.

Picasso was very much a polymath, sculptor, printmaker, ceramicist and all round genius who was always making art and is widely regarded as one of the most influential artists of the 20th century. He was a pioneer of the Cubist movement and his groundbreaking works continue to captivate audiences around the world. On the 50th anniversary of his death, it is a time to reflect on his legacy and contribution to art and the world. Picasso’s works can be seen in many of the world’s most famous museums and galleries, and continue to inspire new generations of artists.

His impact on the art world continues to be felt today and many very well known and highly regarded artists have been influenced by Picasso’s groundbreaking style and innovative techniques, including:

  1. Georges Braque: A close collaborator of Picasso’s during the development of Cubism, Braque was deeply influenced by Picasso’s work and the two artists had a major impact on each other’s style.
  2. Juan Gris: A Spanish painter and sculptor, Gris was also a key figure in the Cubist movement and was heavily influenced by Picasso’s work.
  3. Henri Matisse: While Matisse is known for his distinctive style, he was also influenced by Picasso’s use of colour and form, and the two artists maintained a close friendship throughout their careers.
  4. Joan Miró: A Spanish surrealist artist, Miró was inspired by Picasso’s bold experimentation with form and colour, and the two artists were close friends.
  5. Frida Kahlo: While Kahlo is primarily known for her distinctive self-portraits, she was also influenced by Picasso’s innovative approach to portraiture and the two artists shared a close friendship.

Place and culture was a great influence on Picasso and he lived in many different places throughout his life, some of the most significant include;

  1. Barcelona, Spain: Picasso was born in Malaga, Spain, but spent much of his childhood and early artistic career in Barcelona.
  2. Paris, France: In 1904, Picasso moved to Paris, which was then very much seen as the centre of the art world, and he lived and worked there for many years. During this time, he was associated with the Cubist movement and developed many of his most famous works.
  3. Cannes and Antibes, France: After World War II, Picasso spent much of his time in the south of France, living and working in the towns of Cannes and Antibes.
  4. Mougins, France: In 1961, Picasso moved to the small town of Mougins in the south of France, where he lived until his death in 1973.

Pablo Picasso’s work can be divided into several distinct periods, each characterised by its own dominant colour palette. Some of the most well-known colour periods of Picasso’s work are:

  1. The Blue Period (1901-1904): During this period, Picasso’s works were primarily painted in shades of blue and blue-green, with themes of poverty, loneliness, and sadness.
  2. The Rose Period (1904-1906): This period saw a shift to warmer, pinkish hues, and the introduction of more playful themes such as circus performers and harlequins.
  3. The African-Influenced Period (1907-1909): In this period, Picasso was influenced by African art and started incorporating abstract and geometric shapes into his works, resulting in a bold and experimental style.
  4. The Analytical Cubism Period (1909-1912): During this period, Picasso and Georges Braque developed the style of Analytical Cubism, characterised by fragmented and abstracted forms.
  5. The Synthetic Cubism Period (1912-1919): This period saw a further simplification of form, with the use of cut-out paper and printed materials incorporated into the paintings.

While these are some of the most significant colour periods of Picasso’s work, it is important to note that Picasso was always experimenting and evolving, and his style changed frequently throughout his very long career of almost unceasing endeavour to make art.

Some of his most well-known works include:

There are dozens of exhibitions taking place around the globe all marking this major anniversary each taking a differing approach, the link below gives you a taste of their variety dates and locations, hopefully you will be able to get to see at least one of them to witness for yourself the energy and sheer creative genius of Pablo Picasso.

Click here to read more about the dozens of exhibitions worldwide marking the 50th anniversary of Pscasso’s death.

 

Art on Yachts

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What art to put in your super yacht and how to look after it, might seem to be the ultimate in first world problems, but due to the everincreasing growth of the yacht market, these questions are fast being real issues for many UHNW individuals, with a knock-on effect for the insurance industry.

Ownership of a luxurious super yacht has become the new status symbol for the ultra-wealthy, over taking ownership of a private jet which was the status symbol of 90s and early 2000s. The ability to cruise the Caribbean or the Mediterranean in total privacy in your own floating hotel, whilst simultaneously advertising loudly your enormous wealth carries much appeal to many ultra-wealthy.

Once you have your new super yacht – the decision of what you put in it in terms of artwork is the next challenge – the interiors must match the exterior in the glamour stakes! But housing art on a yacht in a maritime environment brings with it a unique set of concerns and issues – from theft to damage, from casual mishandling by inexperienced staff to the effect of salt in the atmosphere. There are a number of issues which need to be considered from the start when housing art on a yacht.

How to Protect Artwork on Board

With the strength of the art market pushing values ever upwards, it is not unusual for the value of art on board a super yacht to be worth millions of pounds. It is, therefore, essential that owners consider how best to protect their collection on board from damage, bearing in mind that a maritime environment brings with it a unique set of conditions which need to be taken into account. Clearly the most obvious of these factors are ‘physical forces’, such as the variable levels of movement caused by waves and wind. Other factors which can damage or harm artwork on board include:

  • Temperature variations
  • Excessive light and UV
  • Excessive humidity and salt
  • Pests
  • Pollutants
  • Water damage
  • Fire hazards
  • Thieves and vandals
  • Dissociation (the loss of information surrounding the object’s provenance or history)

The air quality and temperature within each room is important: humidity is bad for art, as is salt, air and direct sunlight – you always have to be aware of humidity and heat on board. The most effective way to counter these threats is to try to maintain as stable an environment on boards as possible. Luckily, modern super yachts are now designed with air-conditioning, lighting and humidity control systems that rival those found in art galleries.

As ‘physical forces’ like movement and vibrations are significantly greater at sea, on board artwork must be securely fastened to the yacht or hung with museum glue for extra secure installation. It is also important that owners consider the salinity of the air at sea and how this could affect artworks. In many cases, bespoke framing and cases can help prevent light and external damages as well – the purpose being to create as adding harmonious an environment on board as possible.

Installing Artwork on Yachts Correctly to Reduce the Risk of Damage

Installing artwork on board a moving boat is considerably more complicated than hanging a work of art in a static environment. It is not possible to simply hang a painting on board, not as simple as installing in a client’s house – it needs to be screwed to the wall and secured against sudden movement. The same applies for sculptures and objects, which all need to be fixed firmly and securely. Here ‘museum glue’ comes into play and – it is a clear product that fixes objects to surfaces (though not irrevocably) to stop them shifting in a swell.

Insurance and Security

A working alarm system is an obvious starting point and essential to gain insurance cover. Similarly, special alarm systems which alert the crew to atmospheric changes may be required for higher value collections.

Marine insurance policies are rarely standardised and general marine insurances will not normally cover artwork as a norm, so owners need to insure their artwork on board with a separate and specialist art policy. These policies often require an annual renewal inspection of both the artwork and the general environment in which it is housed, due to the specific nature of the environment on board a ship. Insurance companies generally expect owners to employ a professional art management service to guarantee maximum protection where all possible negative influences are avoided from day one.

It should also be remembered that many contain geographical navigational limits. Beyond such limits, the yacht will be off-cover unintentionally.

Other insurance clauses for art and super yacht owners to consider is that rules and taxation brackets vary between countries, with artwork to be imported and taxed under a ‘temporary admission basis.’ Different import tariffs apply depending on where the ship is physically when the artwork is imported and loaded on board. It is in the owner’s best interests to understand these variations as it will cost dearly if they get it wrong. Import tax rates for importing art in the EU and UK vary from 5% to 13% – a mistake in where art importation is registered can cost dearly.

Strict insurance requirements mean that even museums must fulfil high standards before important pieces are allowed to be shown and the same applies for a super yacht. As a rule of thumb, the more expensive the artwork, the more attention needs to be given to how it is transported, stored and displayed.

Staff Training

Damage to artwork by accident or mishap is one of the most common causes of insurance claims on artwork housed on a vessel. This is not surprising when one considers that most people have very limited experience in how to handle artwork. The scope for costly accidents to happen as a result of unintentional negligence is high and the most efficient way to counter this is to ensure that all staff receive specialist training on how to handle various types of artworks and what to do should an accident happen.

Often these actions are not complicated, and in some cases, they are just common sense, however, if all crew members are made aware of potential threats to artwork, then the risk of expensive mistakes is mitigated. Simple measures such as wearing art handling gloves, and knowing how to carry and store paintings efficiently sound basic but it’s at the core of successful collection management. Equally important is training in what to do in the event of an accident – often more damage can be done unwittingly post-accident than the accident itself. In most cases the less that is done to an object or artwork after an accident is better in the long run. Staying calm and assessing the situation before diving in is always recommended. The first point to note is that the crew should generally do absolutely nothing. Trying to fix something without the requisite skills can make matters worse.

There are a number of companies who can arrange flexible training course in on board collection management – most notably the UK based company ‘Art on Superyachts’. Courses can be developed which are both flexible and modular, which give an overview of the art world, the art market and what is involved in the study of art history. Additional art handling modules teach the management, care and handling of valuable objects on board along with the full scope of collectors’ services. The cost of focused training for yacht crews is a very wise investment for any yacht and art owner to make. Ultimately, awareness and vigilance are the key to protecting any on board art collections.

The Paul Allen collection

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In the same way that ‘location, location, location’ has historically underpinned great property investment, ‘quality, quality, quality’ has always lain at the heart of great art collecting. The strength of this strategy of only buying the very best proven crystal clear with the spectacular results achieved by the recent auction of the art collection amassed by the late Microsoft co-founder, Paul Allen’s at Christie’s.

Split in two parts – Visionary: The Paul G. Allen Art Collection, was provocatively billed by Christie’s in their pre-sale marketing, ‘to be the largest and most exceptional art auction in history’, with predications that it would surpass $1 billion in sales for the first time in history, beating the $922.2m realised last by Sotheby’s in May last year’s Macklowe Collection.

Christie’s predictions turned out to be both true and conservative – Part I of the collection on 9th November saw 60 extraordinary works achieve a total of $1,506,386,000, with five paintings achieving prices above $100 million. The works in the sale sold 100 per cent by lot with 65 per cent of the lots selling above their high estimates. Part II of the collection on 10th November, went on to achieve an additional $115,863,500 for the remaining 95 works offered for sale. In total, the proceeds for the landmark series of sales, totalled and an extraordinary and ground-breaking $1,622,249,500 – all of which is being donated to the various charitable causes Paul Allen established and supported during his lifetime.

What makes the Allen collection so extraordinary, aside from the huge numbers attached to it, is that the collection was put together entirely by Allen himself in less than 30 years. The fact that a collection of such quality and size can still be amassed today, with so many masterworks being in museum collections and out of commercial circulation, is remarkable.

The scope of Allen’s collection is unusual in that it spanned more than 500 years, from Botticelli to Monet, from Picasso to Stella, from Seurat to Hockney. This breadth and variety of collecting is increasingly rare in today’s world, when most collectors tend to focus on a specific area of interest or particular artists, and develop collections which, although important, are more limited in their reach. Paul Allen’s collection and his method of collecting harks back to the height of American collecting in the late 19th and early 20th centuries when legendary collectors such as Frick, Rockefeller and Getty scoured the world for masterpieces across all genre and eras – the only prerequisite being quality. This type of collecting is a truly American phenomenon and demonstrates that when there is the rare combination of ambition, taste and limitless money, great things can happen.

What sets the Paul Allen Collection apart from others is the also fact that Allen himself oversaw each and every purchase himself, without the help of the ubiquitous art advisor who is the mainstay of most billionaire collectors. This personal engagement in the collection, reflects Allen’s strong interest in world culture and history, and gives the collection a personality which only great collections possess. As Paul Allen said, “When you look at a painting you’re looking into a different country, into someone else’s imagination, how they saw it.”

It was a given that such an extraordinary collection was always going to achieve extraordinary things when offered at auction – since the market is avaricious for works of this level. Christie’s performed their part superbly, and ran a slick international marketing campaign that promoted the collection worldwide. The results were stupendous.

The highest price achieved in the sale was for Georges Seurat’s 1888 Pointillist masterpiece, Les Poseuses, Ensemble (Petite version), which made $149.2m and smashed the previous Seurat world record by a multiple of four. The world icon is used far too often in modern parlance, but in this case, the word is truly deserved.

Similarly, Paul Cézanne’s 1880-1890 La Montagne Sainte-Victoire – a classic rendering of Cézanne’s most iconic of subjects – also smashed the $100m barrier, achieving $137.8m; and Gustav Klimt’s 1903 painting, Birch Forest, set a world record for a Klimt, selling for $104.6m.

Other notable sales included the highest price ever for a van Gogh painting, Verger avec cyprès, which sold for $117.2m. Paul Gauguin’s 1899, Maternité II made $105.7m, and Lucien Freud’s masterful portrait, Large Interior WII (after Watteau), made $86,265,000.

Further paintings by Éduard Manet, Pablo Picasso, David Hockney, Andrew Wyeth, and Georgia O’Keeffe, all went onto achieve strong prices, alongside sculptures by Alberto Giacometti, Alexander Calder and Max Ernst.

In contrast to these masterpieces of Impressionist and Modern Art, the collection also featured a number of significant old master paintings – most notably, Sandro Botticelli’s exquisite, Madonna of the Magnificat, which sold for a ‘relatively’ affordable $48,480,000m, when one considers the rarity of fully autograph works by Botticelli on the market.

One work, Lot 131, demonstrates to me more than any other work, the personal nature of the collection, and the discerning eye of the Paul Allen himself. It also happens to be the most modest work offered for sale. Measuring only 21cm high, it is an exquisite but fragmented Renaissance sculpture showing clasped hands of the Virgin Mary, catalogued as Circle of Donatello. The fact that a man such as Allen, who could afford any masterpiece in the world, was also drawn to such an exquisite but unassuming work, indicates the level of his sophistication, and proves that quality, should lead a collector when buying a work. The market agreed, and the little gem made 26 times its lower estimate and made $252,000.

An introduction to NFT’s for brokers – with Jonathan Horwich, Art specialist & Alastair Meiklejon, Senior Valuer

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NFT’s are the latest trend in the art world, but many people do not understand them.

  • What are they?
  • How do they work – how do you “use” them?
  • Why do artists make them?
  • Why do collectors collect them?
  • How are they priced, sold and valued?
  • Are they worth anything?
  • What are the risks in buying them?
  • Can they be insured?

The one that got away…

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In the early 1950s, L.S. Lowry completed a very small number of large industrial landscape compositions, each of which included many, if not all, of his favourite motifs, people, chimneys, dogs, children, houses, lakes, etc… this particular 1953 ‘Industrial’ features another favourite, Stockport Viaduct, seen towards the rear of the composition.

In a letter from Lowry to the Tate about the 1955 large Industrial in their collection, Lowry writes ‘this is a composite picture, a blank canvas, I didn’t have the slightest idea when I started the picture, but it eventually came out the way you see it, this is the way I like working best.’

In fact, there are only four of these monumental Lowry industrial landscapes, all were painted between 1950 and 1955. The picture below, which I first encountered in 1988, dates from 1953 and was at the time, the only one of the four still left in private hands and available to own. The other three were already part of permanent Museum collections.

Then one day in the late summer of 1988 I received a call out of the blue from the director of a kitchen manufacturer in Manchester, he told me that they owned a Lowry ‘industrial’ painting and that for fiduciary reasons the company needed to sell it before the end of the year and could we (Christie’s) help. At this stage, I knew very little about the picture, as back then there was no email or internet, so I was flying blind as to whether it was th one I was thinking it was or a print or something else…

I put the phone down having made an appointment to see it the next day and I made my way up to Manchester, arriving at an unpromising anonymous industrial estate just outside the centre.

As I made my way up to the top floor, I notice there was nothing on the walls anywhere except for a few Lowry poster type prints. I was beginning to think I was on a wild goose chase when as I turned a corner, there in front of me on the director’s office wall was an utterly monumental and glorious 45” x 60” inch industrial landscape oil painting, truly a Lowry masterpiece!!

I was blown away by it but manage to compose myself enough for a conversation with the MD who was charming and easy to talk to. I established that in principle the company was very happy to sell it with me, at Christie’s in our upcoming 11th November 1988 auction with a then world record estimate of £100,00-150,000. Today it would probably be £3-5 million! However, in every good auction tale, there is a wrinkle. In this case the MD had offered the Salford Art Gallery the option to buy the picture before the auction if they could raise £100,000 in time. Back then, Salford City Council’s Lowry collection was housed on the top floor of the Salford Museum and Art Gallery, in Peel Park, Salford. The state of the art ‘Lowry’ Art Gallery and theatre complex was just a twinkle in somebody’s eye.

Let’s step back for a moment and set the scene back in 1988: the Art market, particularly Modern and Impressionist Art, was roaring away. Contemporary Art was 30 years away from being the dominant force it is today and the market for Art and Antiques was at an all-time high, even today some of the prices achieved back then have never been beaten and buyers were hungry for rare pictures. Interestingly, also at this time Donald Trump was in London making his first ‘state’ visit. He and his wife Ivana were in town and appeared as guests on Terry Wogan’s nightly TV chat show, Wogan even makes a rare ‘slip up’ by calling Ivana, ‘Diana’. Donald doesn’t even notice the gaff as he launches into his ideas on how he ‘could make America great again’.

A few days after my visit the Lowry picture arrived safely from Manchester and I was relieved and pleased to see it matched up with all our research so we could get on and prepare our catalogue entry and get it photographed for the upcoming 11th November auction, where it was included as lot 480. The catalogue came out in the second week of October and calls began to come in for the various lots, including lot 480, which was beginning to create a real buzz around it. I remember one major dealer coming in to view it before the public viewing and telling me that he thought it could make £250,000 or more, and that he was prepared to bid up to £350,000, a price well over three times the then world record. This would have set the Lowry market alight which is what I was secretly hoping for…

Of course, I was also hoping Salford would be able to acquire the picture and as the auction day drew nearer this looked increasingly likely and indeed, I think by Wednesday 9th November I had verbal followed by written confirmation that Salford has purchased the piece and the picture was duly withdrawn from sale and later transported up to Salford where it hangs today in pride of place in the Lowry Salford Quays next to the new Media Centre.

This was truly one that got away and looking back I am certain that if it had been offered there was enough presale interest for it to have made a huge price, thus electrifying the Lowry market 20 years earlier. Had that been the case, who knows where prices would be now!!

Reflections on the old master sales

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It is hard to know what to make of the Old Master Sales at the beginning of July. The totals of Christie’s, Sotheby’s and Bonhams at under £50m were only just above half of what they were last year at £80m.

The wonderful Lucas Cranach (lot 6 in Christie’s evening sale) of the Nymph of the Spring, a naked girl in a rocky river landscape, sold for £9.4m. More than the whole of the Sotheby’s Evening Sale put together (£7.1m).

There were some strong individual prices, just not enough of them. I’ve chosen 3 pictures from last weeks crop of Old Masters to write about, one from each of the major London salerooms.

What these three have in common is that they are all in beautiful state and, to my mind, are attractive images, but they are all slightly old-fashioned English “Country House” taste. It was going to be very interesting to see how they fared, in a market obsessed with the quirky and the novel.

My Bonhams choice was lot 60, a fine horse portrait by James Seymour. It was described as “a brown thoroughbred”, traditionally identified as “Spanking Roger”. I thought the presence of two foxhounds and a groom who looked as if he was wearing Beaufort Hunt livery implied that he was a hunter, but my brother-in-law, Hamish Alexander, who is in the racing world said the horse was too fine-boned to be a hunter. I take his word for it. He is an expert and Bonhams got it right.

Despite a suggestion that the signature and date were added later, he galloped away from an estimate of £30,000-50,000 to a very respectable £157,000.

My Sotheby’s choice was the star lot, a marvellous Willem van de Velde the Younger of “The Surrender of the Royal Prince during the Four Days’ Battle”. Although the subject was war, there was no gore, not too many burning vessels, nor drowning sailors and the composition was well -balanced and harmonious, but it didn’t find a buyer. I think the problem was the estimate; at £4-6m the top end was already a world record for the artist at auction. At half that estimate, it would have sailed away.

We finish on an optimistic note! Christie’s offered, as lot 12 in their evening sale, a Pastoral Landscape by Jacob van Ruisdael, the great Haarlem landscape painter. There was a panel join in the sky, but it hardly showed and the evening sun catching the sandy bank of the stream in the foreground, was just the sort of touch that appealed so much in Jacob’s work to John Constable. He owned four of them and made copies of others. This painting more than doubled the estimate with the price of £3.4m including buyer’s premium. It was painted in oil on a small oak panel, just over 2 feet wide and it was a very gentle subject, but it struck a chord in the hearts of several bidders.

If there is a lesson to be learned from these sales, it is that good Old Masters still command strong prices, but it is difficult for auctioneers to persuade collectors to part with their paintings in a time of conflict and inflation.

The one that got away…

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Hindsight is a wonderful thing.

Back in 2005, I was newly married, London based and high on life. Money was tight, but we were cool. I’ve always loved poster art. Remember Athena? Later New York subway graffiti album cover art and band posters. Maybe because that’s all I could afford. At that time we read alternative magazines, went to all manner of clubs, listened to house music and drank Smirnoff ice.

However, the Country was also at war. Mobile phone and personal computers were becoming commonplace, and the traditional methods of communication and control were on the wane. There felt a real burgeoning of youthful expression against the ‘accepted norm’. Artists such as Faile, Eulus and Banksy, to name but a few, were hosting the odd show and having read an article on Banksy, an early Internet search took me to the now notorious and now defunct ‘Pictures on Walls’.

On their website was Banksy’s CND Soldiers and Jack and Jill. Signed copies were £156.50. I forget how much the unsigned copies were.

So, for my birthday we went all in and bought a signed Banksy CND soldiers. Limited Edition of 350. Arrived rolled up in a tube! It shows two soldiers in full combat gear surreptitiously painting a red CND sign on a wall. I loved it. It said everything about my views on the current war, the bold colours, glorious details and it was subversive in a very nice way!

We had it framed and it hung in our house, carefully shaded from sunlight for 10 years.

By 2016, I was a single mum of two boisterous boys whose parkour moves were practised upon all pieces of furniture and under the gaze of the, often wonky, CND soldiers. I had followed in the rise of Banksy and one day realised I really should insure it. An art broker friend suggested to have it insured for between £7,000 and £10,000. I was stunned. I simply did not have the money to ensure the picture, coupled with the fact I needed a new kitchen.

So, with the help of my broker, a nice Belgian gentleman offered an astounding £14,000 (inc fees) and also offered to pay for packing and transport. I did offer it to the Andipa gallery in Knightsbridge, but they felt £7,000 was the most they would go to.

So, off my Banksy went to Belgium, as part of a pension pot, and I built a lovely kitchen. However, within a couple of years the same picture went for £32,000 at auction and now commands in the region of £50,000.

Yes, I am gutted I sold the picture, as it would be in my pension pot now. However, that piece of art gave a single mum the chance to have a new heart to her home. To feel good about having people over and to look to the future. The one that got away, yes, but left great memories, and sometimes that might be more worthwhile.

The one that got away…

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The “ones that got away” would be a more apt description of my career! Jan van de Capelle, Hugo van de Goes, John Constable, they have all slipped through my hands.

When you are young, you don’t always back your own judgement: you buy paintings speculatively and then start to research them. This involves showing photographs or the picture itself to whoever is the acknowledged expert. If they come back to you and say: “no, it isn’t by such and such”, you take it on the chin. You would never have the temerity to ask them to justify their opinion. That comes later, when you are older and have seen how fallible scholars are.

The picture I have chosen is a Transfiguration by Ludovico Carracci. I bought it at Phillips Son and Neale (now Bonhams) 40 years ago, catalogued as Italian School. I thought it was beautifully painted and probably Bolognese. It had a noble provenance “The Earl of Darnley” and was housed in a fine, if bulky, William IV carved and giltwood frame, all of which felt very positive to me. My brother, James, still has the frame with a mirror in it, in his hall.

After cleaning, which revealed a surface in remarkable condition, I had it photographed and sent images to the two most eminent scholars on Bolognese Baroque Art, one in the USA and the other in Germany. Their names are available upon request! Sadly, neither of them had a clue who painted my picture, nor did they show any enthusiasm for it. I advertised it in Apollo (Art Magazine) as “Italian School” and there was no response to that either!

Several years passed and I got a call from a friend who had found an old copy of Apollo and wondered if I still had the painting and, of course, I did. By some extraordinary fluke he had been working in a provincial museum Print Room and had come across two 17th Century engravings after my painting where the author was given as Ludovico Carracci, so he immediately realised the significance of what he’d seen. He asked me what the best price was and we shook hands on £6,000. It had cost me £3,000 before cleaning and reframing so it wasn’t a greedy price despite looking as if I had doubled my money.

He was not a rich man so I knew that he must know who the author of my Transfiguration was and that’s when he told me about the two prints. Good luck to him but, why on earth didn’t the two scholars I had consulted know about the prints and, therefore, the missing picture? Anyway, my friend kept it for decades, but in 2007 he sold it to the National Gallery of Scotland where it hangs to this day.

The moral of the story is… be patient and back your own judgement.