Feb
2
Written by:
Jan Jocoy
2/2/2008 7:55 PM
SOLD for one of our estate sale clients:
On November 24th, 2008, this painting realized
$58,913.33 U.S. DOLLARS!
Jan Jessie Jocoy decided that selling this painting, in an estate sale environment was not in the client's best interest, so she consigned it to auction. Jan Jessie Jocoy understands personal property, when her clients hire her to conduct an estate sale, she will find the best market to sell your property!
Konstantin Alexeevich Korovin (Russian, 1861-1939)
'Cafe Cardinal', Paris
signed in Latin and inscribed 'Paris' (lower right)
oil on board
40 x 31.8cm (15 3/4 x 12 1/2in).
Sold for £38,400 inclusive of Buyer's Premium ( $58,913.33 U.S. DOLLARS!)
On August 5th, 2008, here are the results of 2 paintings that were found
in a San Diego area estate.
Maynard Dixon painting, 9 3/4" by 13 3/4",
found in our estate sale and sold for our client, realized $47,500.
Gottard Piazzoni, painting of a house in a landscape,
7 3/4" by 10",
found our estate sale,sold for our client,
realized
10,000.
Along with conducting estate sales Jan Jessie Jocoy is a full time personal property appraisal.
She understands about ...Estate tax issues- red flags to the IRS, Professional responsibility and penalties for appraisers, current requirements for charitable contributions and estate tax, charity auctions, new case law, museum gift and loan issues, preparing credible appraisal documents and more!
2) Jan recently completed an insurance appraisal of fine art containing 45 paintings, prints, and bronze sculptures.
Along with News and Events about Jan Jessie Jocoy's services this column serves as a blog....keep reading for interesting facts about what is selling on the present art market, the top ten highest selling paintings of all time, and why you need to hire an appraisal to evaluate your art work.
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Yoshimoto Nara Painting Stolen in Los Angeles
$20,000 Reward
 On June 22, 2009, a Yoshimoto Nara painting of a young girl was stolen from a private residence in Los Angeles. The painting was stored in a locked safe within the theft victim's residence. The thief or thieves broke into the home, and forcefully removed the entire safe, along with its contents, with a crowbar. At the time of theft, the safe held the Nara painting and some valuable jewelry. The owner is offering a $20,000 reward for the return of the Nara painting. Anyone with information is requested to contact the Art Loss Register at the number below, or the LAPD Art Theft Detail (details here).
Yoshimoto Nara, Hinagiku, 2000, acrylic, pencil & colored pencil on canvas and wood, 25.5 x 15 cm, ALR Ref #N09.301. |
Faberge Figurine Missing from Gallery
 A small figure of a Falconer, made out of gemstones and precious metals, is missing from a gallery in Santa Fe, New Mexico. The figurine was kept in an unsecured box within the gallery. The object was discovered missing in March 2009. Due to the artwork's small size, only nine inches tall, it is possible that it slipped out of the gallery without causing any alarm.
Henrik Wigstrom, the House of Faberge, Falconer, 1909, gemstones, yellow gold, and silver, 9 inches tall, ALR Ref #N09.297. |
Two Paintings Missing from Museum
 Two paintings disappeared from a New York museum in late June of this year. Both paintings depict Himalayan scenes, and were painted by the Russian artist Nicholas (Nikolaj) Roerich. Information on the whereabouts of the paintings is being sought by the NYPD Major Case Squad.
Nicholas Roerich, Himalayas (study), 1934, tempera and pencil on paper, 25.5 x 36.5 cm, ALR Ref #N09.356. |
For detailed images of the stolen works, or for any inquiries or tips, please call the Art Loss Register at 877-ART-LOSS or email stolen@alrny.com
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3) Please book mark thie tribal art dealers website, for information on stolen art work.
www.atada.org/theft.html#cameron1
This site is a tribal arts theft alert page. Museums, dealers, gallery owners and other tribal arts professionals post personal property theft.
Theft Alerts
Native American Pipe Stolen from Folk Life Festival in Seattle, Washington, Memorial Day Weekend, 2009
click on image to see an enlarged version
Stolen Native American Pipe
This morning a local artist contacted me to help get the word out about a piece of stolen art, a stone and brass pipe done with northwest coast form line design. He had sent it to the Seattle Folk Life Festival with one of the co-owners of the Devil Fish Gallery here in Sitka. Someone lifted it off her table sometime over the weekend.
He made the pipe several years ago and it was featured in a small exhibit here at the Sheldon Jackson Museum and the Devil Fish Gallery as well as an exhibition in New Zealand. I’ve attached a picture of the pipe. The pipe has a stone bowl (both the dark and the reddish color) and the stem is brass. Dimensions: 3.5 L (bowl only) x L 4” (stem) x H 2”. The pipe has been exhibited at the Sheldon Jackson Museum and the Devil Fish Gallery in Sitka as well as an exhibition in New Zealand.
The case number and contact info with the Seattle PD is #09-177600 and an email contact is patricia.hayes@seattle.gov. You may also contact the artist, Dave Galanin, at 907-738-9486, or Cass Pook from the Devil Fish Gallery who took the pipe to Seattle at 907-738-1255
San Ildefonso Polychrome Jar Missing from Arizona State Museum and Presumed Stolen
Stolen San Ildefonso Polychrome Pottery Jar
This is a photo of a San Ildefonso polychrome pottery jar. In a recent inventory, this jar was found to be missing. The date of the disappearance was some time between 1986 and 2006. Details from museum records are as follows: Arizona State Museum Catalog # 7376, San Ildefonso Polychrome Jar, circa 1890-1910, Height 9-3/4", Diameter 11-1/2", "HS San Ildefonso" penciled near base.
If you have any information about this jar, please contact Mark Cattanach, Museum Registrar, mgcattan@email.arizona.edu, phone 520-626-8742.
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Many Clients ask me about the national and global art market. What is selling and what is not selling. Here is a article from Marcus Franklin
Basquiat painting sells for $13.5M at NYC auction
Published: 11/13/08, 10:25 AM EDT
By MARCUS FRANKLIN
NEW YORK (AP) - A painting by Jean-Michel Basquiat has been sold for $13.5 million at an auction in New York City.
The 1982 painting, "Untitled (Boxer)," was consigned to Christie's auction house by Lars Ulrich, drummer for Metallica. Christie's didn't identify the buyer.
The painting shows a black heavyweight fighter with his arms thrust in the air against a white graffiti-filled background. It surpassed its pre-auction estimate of more than $12 million.
The current auction record for a Basquiat is $14.6 million for "Untitled," which sold at Sotheby's last year.
Francis Bacon's "Study for Self-Portrait" didn't sell. Christie's says it had been estimated to sell for about $40 million.
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What are the top ten highest selling paintings? Read the article below.
Jackson Pollock: Number 5, 1948 - AP Photo/ Pollock-Krasner House and Study Center
Willem de Kooning: Woman III
Gustav Klimt: Adele Bloch-bauer I
Pablo Picasso: Garçon a la pipe
Pablo Picasso: Dora Maar au chat
Gustav Klimt: Adele Bloch-bauer II
Francis Bacon: "Tryptich, 1976"
Vincent van Gogh: Portrait of doctor Gachet
Pierre-Auguste Renoir: "Le Moulin de la Galette"
Peter Paul Rubens: The massacre of the innocents
Vincent van Gogh: Portrait of the artist "sans barbe"
Titian: Portrait of Alfonso d'Avalos, marqués del Vasto
Paul Cézanne: Rideau, cruchon et compotier
Vincent van Gogh: Wheat field with cypresses
Leonardo da Vinci (attributed to): Madonna dei fusi
Vincent van Gogh: Self portrait with bandages.
THE MOST EXPENSIVE PAINTINGS EVER SOLD
There are a lot of lists in Internet talking about "the 10 most expensive paintings ever sold", or something like that. But unfortunately, most of these lists are incorrect, often being obsoletes, often ignoring the private sales and talking only about those pictures sold at auction. Here I tried to create a list as exact and complete as possible, and I'll try to keep it actualized. At the end of the list I've added a few works whose price has not being confirmed despite the rumours about exorbitant sums
1. JACKSON POLLOCK: "Number 5, 1948", 1948
$140 million
Private sale, 2006. Seller: David Geffen. Buyer: David Martínez (claimed)
Right now, this stunning "drip" by Jackson Pollock is the most expensive painting ever sold, though the stunning price is still not confirmed (but also not denied). The exorbitant sum demonstrates not only the strenght of the Art market, but also the increasing interest for the contemporary works of Art.
2. WILLEM DE KOONING: "Woman III", 1952-53
$137.5 million
Private sale, 2006. Seller: David Geffen. Buyer: Steven Cohen
Pollock the first. De Kooning second. The inmediate conclusion is that the american abstract expressionism has displaced the impressionism as the most sought-after Art period. This painting is the only "Woman" by Willem de Kooning still in private hands. One of this women -described by T. Hess as "black goddesses"- has been chosen by theartwolf.com as one of the 50 masterworks of the history of painting.
3. GUSTAV KLIMT: "Adele Bloch-bauer I", 1907
$135 million
Private sale, 2006. Buyer: Ronald Lauder.
The acquisition of this iconic work by cosmetic magnate Ronald Lauder caused a shock in the Art world, not only for the spectacular sum paid for it, but also for the way it was sold, far away from the noisy auction houses. The painting was part of a group of five canvases recently returned to the heirs of Ferdinand Bloch-Bauer. The Nazis confiscated his paintings during the World War II, and after the war, the canvases were placed at the National Gallery of Austria in 1948.
4. PABLO PICASSO: "Garçon a la pipe", 1904
$104.1 million
Sotheby's New York , May 2004. Buyer: anonymous
The sale of this young smoker was a milestone in the Art auctions world. First, it's still the most expensive painting ever sold at auction (the case of the Klimt is a private sale). But it also broke the record that Vincent van Gogh held since 1990, and it was the first time that the $100 million barrier was broken. Although the name of the buyer was not revealed, some sources says that it could be Guido Barilla, the Italian pasta magnate.
5. PABLO PICASSO: "Dora Maar au chat", 1941
$95.2 million
Sotheby's New York , May 2006. Buyer: anonymous
Dora Maar (1907-1997) met Picasso in 1930, and their sentimental relation lasts until 1946. A native from Paris , grown in Argentina and fluent in Spanish, Maar was one of Picasso's favourite models. This painting, measuring 130- 97 cm , was recently rediscovered and authenticated by Picasso's daughter, Maya Widmaier Picasso. You can read theArtWolf's article informing about this sale in this link.
GUSTAV KLIMT: "Adele Bloch-bauer II ", 1912
$87.9 million
Christie's New York , November 2006. Buyer: unknown
Sold only a few months later than Klimt's first version of Adele, this extremely appealing canvas was the star lot in a highly succesful auction in which four works by Klimt -including this- totalled a stunning $192 million
FRANCIS BACON: "Tryptich 1976"
$86.3 million
Sotheby's New York , May 2008. Buyer: European private
Francis Bacon is one of the most sought-after names in the Art market, and this work easily surpassed its impressive $70 million estimate
8. VINCENT VAN GOGH: "Portrait of Doctor Gachet", 1890
$82.5 million
Christie's New York , May 1990. Buyer: Ryoei Saito
The story about this famous and brilliant work resumes by itself the "Japanese buyer boom" on the late 80s and early 90s: great painting, sold for an astronomic amount of money to a Japanese buyer (Ryoei Saito), who was later ruined, and the whereabouts of the painting are now unknown. Some sources places it in Europe , waiting for its return to the Art market
9. JASPER JOHN: "False Start", 1959
$80 million
Private sale, Autumn 2006. Buyer: Unknown
This iconic work by Johns, sold by David Geffen, is the second highest price ever paid for work by a contemporary artist
10. PIERRE AUGUSTE RENOIR: "Le moulin de la Galette", 1876
$78.1 million
Sotheby's New York , May 1990. Buyer: Ryoei Saito
Another victim of the Japanese "buy it and forget it" boom was this masterpiece by Renoir, the little sister of the version now in the Orsay. As the previous painting, it was bought by Ryoei Saito for $78.1 million at Sotheby's, 1990, and sold in 1997 to a "European private collector" for $50 million
MORE PRICES OVER $50 MILLION
Peter Paul Rubens: "Massacre of the innocents", 1610/11- $76.7 million (£49.5 million)
Bought by Kenneth Thompson at Sotheby's London, July 2002. The flamboyant and dramatic work by Rubens -recently voices discussing its authenticity have been heard- could also fight for the title of "most unexpected success": Christie's had estimated its price at a mere £5 million
Mark Rothko : "White center (yellow, pink...)",1889- $72.8 million (2007)
Mark Rothko's fabulous "White center (yellow, pink and lavender on rose)" -once in the collection of David Rockefeller, was sold at Sotheby's New York for more than $72 million, making it the most expensive contemporary Art work ever sold at auction
Andy Warhol: "Green Car Crash (Green Burning Car)", 1963 - $71.7 million (2007)
Sold two days after the work above, in a record $384 million sale of contemporary Art
Vincent van Gogh: "Portrait of the artiste sans barbe",1889- $71.5 million (1998)
Van Gogh once again. The sale of this great picture -not a masterpiece, however- represented an extraordinary success -the auction house had estimated it in less than a half of its final price- and began the recuperation of the exorbitant sums in the Art world after the crises of the middle 90s.
Titian: "Portrait of Alfonso d'Avalos", 1533 - $70 million (2004)
A sum never confirmed, but also never denied, by its buyer, the Getty Museum. The glorious painting -it worth every dollar paid for it- was exhibited for many years in the Louvre Museum , lent by the owners, and the Parisian Museum had the opportunity of acquire it for a sum much lower than the $70 million paid by the Californian museum.
Thomas Eakins: "The Gross clinic", 1875 - $68 million (2006)
The picture, previously in the Thomas Jefferson University, was purchased in november 2006 by the National Gallery of Washington, setting a record for a 19th-century American painting. You can read more in this link
Willem de Kooning : "Police Gazette ", 1955 - $63 million (2006)
Bought by Steven Cohen, right now one of the leading forces on the Art market, this acquisition -completed just months before his failure attempt of purchase Picasso's "The dream"- is the second highest price ever paid for a work by a contemporary artist, ony surpassed by John's "False start", sold at the same sale.
Paul Cezanne: "Rideau, crouchon et compotier", 1893/94 - $60.5 million (1999)
Vincent van Gogh: "Wheat field with cypresses", 1889 - $57 million (1993)
The third van Gogh in this list. The price is really spectacular if we consider that it was paid in 1993, in the middle of a recession in the values of the Art works after the boom of the late 80s. The philanthropic Walter Annenberg lent the work to the Metropolitan Museum shortly afterwards.
Pablo Picasso: "Femme aux bras croisés", 1904 - $55 million (2000)
Vincent van Gogh: "Irises", 1888 - $53.9 million (1991)
Resold later to the Getty Museum in Malibú, California
Francis Bacon: "Study for Innocent X", 1962 - $52.7 million (2007)
Sold at the same auction in which Mark Rothko's "White center (yellow, pink and lavender on rose)" went for $72.8 million (see above)
Pablo Picasso: "Les noces de Pierrette", 1904 - $51.9 million (1989)
TRUE OR HYPE? NOT CONFIRMED SUMS
LEONARDO DA VINCI (attributed to): "Madonna dei fusi", 1501
$150 million
Private sale, late 90s. Buyer: private collector, New Work
You must put a lot of question marks on this sum. In fact, it's almost sure that this almost offensive number is an exaggerated hype. Nevertheless, the spectacular of the price suggested -it would be the most expensive painting ever sold- deserves to be commented here. You can read more about this painting in this article
VINCENT VAN GOGH: "Self-portrait with bandaged ear", 1889
$90 million
This highly important work was previously in the collection of Leigh B. Block in Chicago , and then was quietly purchased by the Niarchos family. The sum -never confirmed- is not absurd given the high quality of the painting.
SOONER OR LATER. FUTURE SALES
- The "Portrait of a young man " by Titian, owned by the Earl of Halifax, it's also for sale. As it's usual in the United Kingdom , the National Gallery of London is trying to save the picture for the nation, trying to acquire the canvas for less money than the asking price for the foreign buyers, estimated at £50 - 65 million ($77.5 - 95 million)
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Art Appraisal Is The Very First Step Before Making A Buying Decision
By Mike Selvon
Many art appraisals can be done on your own if you're utilizing auctions on eBay, for a small piece worth a few hundred dollars. Other times, you may want to consult a professional who will help you get the most out of your investment. An art appraisal is important for determining "market value" for sales purposes, as well as "replacement value" for tax or insurance purposes.
There are several steps in getting an art appraisal. First of all, note whether you have original artwork, and if it was directly created by the artist. If you are unsure, visit a frame shop or art gallery to help you figure out if you have a print or the original.
Next, find the artist signature to ascertain the artist. Some auction houses will accept works without a discernable signature, so long as you provide clear pictures. Thirdly, gauge the condition of the art you possess.
Are there any rips, signs of over-painting or corrections? Has the color faded, are there watermarks or does it need cleaning? Never try to fix a painting up by yourself! There are professional restoration experts who can carefully, gently improve the overall appearance of the work, without making it obvious.
If this painting has been handed down from generation to generation, or owned by prominent figures, then the value of your piece could increase significantly, although it's rare to find paintings with complete ownership/artists records. You can check with the Fine Art Registry to see if your piece has ever been tagged and logged into the system.
Sometimes you may come across a place that is willing to provide free art appraisals. While at first this may seem like a fantastic deal, one should exercise caution. Sometimes these criminals are simply looking to buy your artwork for cheap and resell it at a higher value!
You may think you're getting more money than anticipated, but it could be a fraction of what the appraiser can get for it! A smarter do-it-yourself tactic would be to simply peruse AskArt.com or FindArtInfo.com for a list of current market values. However, be aware that these prices are just a rough ballpark figure and can often be deceiving.
The danger of the do-it-yourself approach, of course, is that its price lists can be very inaccurate and deceiving. For instance, fine art may sell at bargain prices if an auction is poorly promoted or if bidders are uninformed. Secondly, private sales can be much higher than auctions, so if you're looking for top dollar, you won't find it in auction results.
If an artist's range is wide (say, $1,000 to $100,000), then it's a good idea to get a professional opinion. Thirdly, historical significance and current marketplace activity can affect the supply and demand of your fine art for sale
Jan Jessie Jocoy conducts estate sales and personal property appraisals in San Deigo, Orange County, and Los Angeles. . When choosing an estate sale provider...ask the provider... what are your credentials?
Many providers do not presently belong to an appraisal organization.
This an important credential, as the appraisal organization requires that members abide by ethical standards.
Jan Jessie Jocoy is a credentialed member of the International Society for Appraisers.
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What is Jan Jocoy up to lately?
1) She is conducting a non cash charitable dontaion appraisal for a donation to a museum.
2) She is preparing for an estate sale in Oceanside, to be conducted
in Late April.
3) Call to ask her about her new
consignment of a American Period
Pembroke table.
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