PARIS SALE OF THE CENTURY!

PARIS SALE OF THE CENTURY
Auction
By wilm

I guess, technically, it really was an auction but that’s not descriptive enough.  Maybe a gala, an affair, a pageant, a real “to-do”, a moveable feast or, as my Dad might have called it,  a “heck of a shindig” ….had he been allowed in, which is doubtful.

When Christie’s held the soiree of soirees to unload  (pardon me “offer”) the effects of the life long partnership of Yves St. Laurent and Pierre Berge, at the Grand Palais exhibition space, it was a six day affair that was attended by more than 30,000 people. In addition there were over 10 auctioneers taking non-stop phone call bids for six days. St. Laurent, of course, died last year and my guess is that he and Pierre had pre-ordained the auction of what they had collected over their 50 years.

To have a successful gathering in Paris it was considered essential to have Yves St. Laurent in attendance.  Yves made this one through his collection.

The 10 page spread in the July edition of Architectural Digest is something to behold, especially if you are in-between jobs or on short rations, so-to-speak. I freely admit that my knowledge in the world of art is lacking. Without using a lot of cliché’s trying to support my ignorance (“I know what I like”, etc.) I confess that my admiration is usually limited to  saying ….”that cost how much?”

Well this collection is something you have to see to believe. Over 6 world records were set for art works and there must have been 50 set for furniture. Those of you who are true aficionados will revel in it and those who don’t know anymore than I do will share my astonishment.

The magazine spread displayed many of the items sold with a tag of what room they’d been in at St. Laurent’s digs.  The first page displayed 12 items of furniture and some bric-a-brac that sold for a little over $53 million. I liked a wooden sculpture that resembled a large nut cracker but I thought that $37 million was too much.  I wouldn’t have paid a penny over $35 million. There also were some lack luster jugs that sold for about $130,000 that  didn’t impress me but there was another pair of jugs that looked a lot nicer and went just under $3,000,000.  I think at that price they are called a “brace of vases”….with a long “Aaaaaa.”

The second and third pages were identified as “The Grand Salon 1976” but the total here was a paltry  $32 million. Admittedly that didn’t include whatever was paid for some partially empty liquor bottles but it did include an old leather chair that went for $28 million! ( I’m almost sure I saw its twin at a Belmont Shore garage sale just before Christmas.)  I did like the four nice wooden chairs that were a bargain, I guess, at $132,000, and also a very nice piece of wooden statuary of a pregnant pelican. I know, I know,  pelicans don’t get pregnant .. but I don’t think the artist knew.   Anyway it was only $774,000.

When I got to the fourth and fifth pages, “The Grand Salon 2008” I finally saw something I recognized….(see I’m not totally a tyro)  A Matisse that sold for $10 million and a de Chirico for $14,233,226.  Imagine adding twenty six dollars to a $14 million dollar bid to win? That called “chutzpah.”

I thought one of the highlights of the auction happened before it began by Mr. Berge, apparently he  is not only an unique collector but a businessman with a great knack for negotiation. Prior to the sale a dispute had unfolded over two Qing dynasty bronze animal heads, a rabbit and a rat, originally looted from an imperial palace in China by British soldiers in 1860 (who else?) but purchased legally. China had demanded their return, but a French court ruled the evening before the sale that the auction of the heads could proceed as scheduled.

The issue had become a heated one in China, stirring nationalist indignation. Mr. Berge countered that the heads belonged to him, saying, however, he would gladly give them to China if Beijing would “observe human rights and give liberty to the Tibetan people and welcome the Dalai Lama.”    The heads were sold.

I know Yves was a brilliant and creative man but some of these things must  have been purchased when he was in one of his drug induced hazes. Of course that would  then that beg the question, what about the bidders this year who were willing to pay more than  St. Laurent did when they bought these things.

Which begs the next question….what the heck do I know?

The grand total of the sale was almost one half a billion dollars!  Perhaps not enough to help GM or AIG but certainly a wonderful contribution for “”Research on Aids” and a host of other charities created by St. Laurent and Berge.

A most noble gesture by two true “Renaissance Princes.”

Go to:http://www.irishtimes.com/newspaper/world/2009/0224/1224241708940.html  Or:
http://themoment.blogs.nytimes.com/2009/02/23/hammer-time-yves-saint-laurent-and-pierre-berges-art-collection/
Or:
http://www.forbes.com/2009/03/02/christies-auction-sabotage-lifestyle-collecting_chinese_sculptures.html

Or :

www.architecturaldigest.com <http://www.architecturaldigest.com>
(July issue of  Architectural Digest was not on line as of Tuesday , June 9, 2009)