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Dutch art fair reports 'record' prices for Van Gogh, Picasso

By AFP

March 15, 2024 07:03 PM


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Europe's largest art fair closed its doors on Friday with organisers saying that sales, including a rare Van Gogh and works by Picasso and Kees van Dongen, fetched "record prices".

Although a total figure of sale for some of the world's most sought-after artworks could not be given, organisers of The European Fine Art Fair (TEFAF) said that sales ran up to "tens-of-millions of euros".

"It's impossible to tally the total sales as many are not made public," TEFAF organiser Noepy Testa said.

"But we have had record sales, running into tens-of-millions of euros," she told AFP.

Top ticket items for sale this year included a rare early Van Gogh, painted when the artist was living in southern Netherlands around 1884, and a multi-million-euro work by abstract art pioneer Wassily Kandinsky.

The US-based gallery selling the Van Gogh, titled "Tete de paysanne a la coiffe blanche" confirmed a buyer, with Dutch media saying the asking price of 4.5 million euros ($4.9 million) was reached.

Kandinsky's 1910 "Murnau mit Kirche II" was put up for sale by art dealer Robert Landau, who bought the work last year for $45 million at auction at Sotheby's.

It was not known whether a new buyer had been found, but Landau at the fair told AFP that the painting was recently valued at "100 million euros".

Other big ticket names also fetched top prices.

A work on paper by Pablo Picasso called "Femme au tablier" sold for almost two million euros, while a painting by Dutch-French artist Kees van Dongen titled "Femme au Chapeau" sold for a "seven-figure sum to a private European collector".

But it was not just paintings fetching top prices.

A 17th-century Safavid mirror was sold to the Aga Khan Foundation in Toronto for around 200,000 euros, organisers said.

A Delftware porcelain work previously owned by British fashion photographer Cecil Beaton fetched around 300,000 euros.

Over the eight-day fair, close to 50,000 visitors flocked to view artwork presented by 270 exhibitors from 22 countries, the organisers said.


AFP


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