Thursday, June 26, 2014

Chronicle of a failed auction – Express

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“Scenes de Ballet, superb set of five panels, oil on canvas, 1981, 500 000 EUR 500 000 EUR 500 000 EUR…” The auctioneer’s voice is heard midway through the session to repeat the base bid of the auction most valuable piece of Veritas. Nobody answers him, not even a throw in the living room, or by phone. The hammer falls and yes there: “Oh”, the cry is general. The highlight of the evening became a failure

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Flop Igor Blue Eye, responsible for Veritas already put behind us. “The part can come to be sold very quickly, even before next week,” advances in Expresso. “We’ve had contacts very consistent institutional level and the business is well underway,” he added, stressing that the possibility of the work likely to be temporarily exposed in a museum is also on the table

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There are already three weeks since the oils Columbanus Bordallo Pinheiro (1857-1929), commissioned by the Earl of Valencia to the ballroom of his palace , came by running ink in the press. The historical work, with honors detailed description by Fialho de Almeida, has created high expectations and sales are expected to surpass even its estimated selling 800 thousand euros. There was no money for it

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Money, more kid and kid even more, was to silverware, furniture, porcelains from China and jewels, in a crowded room of potential buyers

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It was eight-thirty at night, half an hour before the auction and the auctioneer has the room buzzed with excitement. Many whispers in the preparations, as mandated by the label of the secrets that these houses are still sessions purchase and sale of works of art to the Portuguese. Secrecy is one of the weapons business, apparently. Therefore, the door closes the photo reports and the journalist is a kind of persona non grata among the “audience”. No one identifies, preserving the privacy of customers is a point of honor, but almost everyone knows, a very particular universe of habitués. Greet each other quietly, comment bids, give directions to others when asked about challenging yourself racket in his hand – a Despique is always a high point in the room – but basically, everything works in silence looks

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couples are middle-aged, very young couples, single people, collectors, gallerists, conaisseurs, appraisers, antiques, curious. Catalogs open and marked on lap attentive. “I was right to have bought that?” Mutters a husband to his wife. “Yes, yes” answers and nods. “By how much was this lot?” Little more is heard than that in normal conditions

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the phone also true

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A pair of Chinese – yes, the Chinese have also attending the Portuguese auction, do not buy just Rothkos or Picassos at Sotheby’s and Christie’s – ended the apparent calm of the session. The noise and their movements within the room unbalanced concentration of clientele. And an Angolan American hat also drew the attention of more conservative buyers unaccustomed to new faces

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non-stop for three hours, was Igor Eye Blue featuring nearly 250 lots. “I have 38 000 euros, can I?’ll Sell here! 603 Racket.” Leaves a very rare porcelain dish China India Company. The purchase is made by phone, in fact the privileged medium to high acquisitions currently under public anonymity

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As time progresses, the increases in the relaxation room. Staff at auction speak louder on the phone. “I’ll call you. Still lack a bit for this lot. Already returned to contact!” The buzz rises tone. If the porcelain “do well” and many on-site, taken home at the time of purchase, well packed in black bags of Veritas, the jewels are no less crowded

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Gold is gold. And it seems so easy bidding rings, necklaces, chokers pearl and diamond earrings, watches, tie pins, brooches … The rackets are raised slightly throughout the room. “500 euros, 550, 600, 650 here in front, 700′s with 750 out back.’ll Sell!” Prices rise and are the same customers who buy. For a layman to do mental arithmetic is difficult to understand how one can spend 20 000 or 30 000 euros a night. – For who is there everything is normal

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And I am happy to take home a Silva Porto (1850-1893) for 45 thousand euros or Mongol counter the seventeenth century by 32 thousand.

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