Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Can Fontana Surf the Wave?

October 5, 2009 by Marion Maneker

The Financial Times scouts out the Continental art market pointing to the expansion of Tornabuoni Gallery into Paris with the largest show of Lucio Fontana works in decades:

Sixty works by Lucio Fontana (1899-1968), Italy’s most sought-after contemporary artist as founder of the post-war Spatialism movement, will go on show in a new gallery opening in Paris’s exclusive Avenue Matignon. Four dozen are for sale.

Michele Casamonti, director of Florence’s Tornabuoni gallery who is expanding into Paris, says the time is right to test the waters with the world’s biggest exhibition of Fontana for over 20 years. He admits he would not have dared a year ago after the “crac” of Lehman Brothers.

“This is a thermometer of the crisis,” he told the FT in Rome. “Now we are the surfer catching the wave early, at the right time. This is a good moment for collectors to make acquisitions. It could be too late to buy these in one or two years.”

Paris Exhibition Tests Strength of Art Market (Financial Times)

More from Art Market Monitor

  • ArtBasel Miami Beach Sales ReportArtBasel Miami Beach Sales Report
  • Beijing Dealer’s Shanghai Auction Total Drops 60% from Fall Debut to This SpringBeijing Dealer’s Shanghai Auction Total Drops 60% from Fall Debut to This Spring
  • Leon Kossoff London Drawings at Timothy Taylor New YorkLeon Kossoff London Drawings at Timothy Taylor New York
  • Christie’s Previews £96m to £141m London Impressionist & Modern SaleChristie’s Previews £96m to £141m London Impressionist & Modern Sale
  • De Kooning Foundation Funds a Catalogue RaisonnéDe Kooning Foundation Funds a Catalogue Raisonné
  • Kusama and Nara Lead Sotheby’s $1.3M Hong Kong Contemporary Art Online SaleKusama and Nara Lead Sotheby’s $1.3M Hong Kong Contemporary Art Online Sale

Filed Under: Dealers

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor