On sunday 31st May, in Massa Marittima, the rewiew Niki de Saint Phalle – Joie de Vivre was opened, 13 sculptures and 30 works on paper telling the artist’s journey through the magic of colours.
The changed interest of European cultural circles for the Abstract Expressionism could be the result of an activity of cultural propaganda promoted by the CIA to cross the communist offensive and gain the intellectuals of the old continent.
Christie’s wins the “Evening Sale Impressionist and Modernist” in New York; however the volumes were below the expectations.
It is better than the Stock Exchange, than commodities and in general than financial products. It wins the comparison with the building. And it is belying the gloomy expectations of the catastrophics. Nowadays art seems to be a good choice for savers. Besides, this doesn’t mean that this sector is in good health. The accelerations of artists like Damien Hirst, typical of the last years, have stopped. But “this could be good”, says Guido Galimberti “the market isn’t crashing, it is cleaning. The so-called gossip artists, supported by speculations or fashion, are being deflated in true authors’ advantage. Of course, maybe prices has generally decreased, but the works of quality always find a buyer, even at high values.”
Galimbert’s idea, shared by most operators, is based on three points: bet on historicized artists, choose works of quality, never be influenced by the “griffe” because not everything of a master’s production is worth.
These days it is easier to find a buyer for a picture of one million euros than for one of ten thousands.
The recent economic crisis has caused a more accurate selection of the works of art to show and to sell.
As dr. Guido Galimberti states, this could be the occasion to stop all speculations and assure a greater clearness to those people who want to invest in the market of art.
The well-known collector Giuseppe Panza has been gathering masterpieces for half of a century. Abstract, minimal, conceptual. However American. With very few exceptions.