Art Market Monitor

Global Coverage ~ Unique Analysis

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

Master Blasters

May 23, 2010 by Marion Maneker

Georgina Adam reveals the names of some big Old Master buyers in recent purchases:

A secretive hedge-fund manager, Chris Rokos of Brevan Howard, is understood to be the generous saviour of Domenichino’s great baroque painting of “St John the Evangelist” (1620s), which is now on view at the National Gallery of London. The painting sold at Christie’s last December for more than £9.2m (est. £7m-£10m) to a US buyer but its export was deferred. At that point a new buyer – believed to be Rokos – came forward to buy the painting and lend it to the National Gallery. Rokos’s fortune was estimated at £90m last year by the Sunday Times Rich List; he did not return requests for comment.

Meanwhile, the Financial Times can reveal that the Prince of Liechtenstein is the buyer of an Old Master painting also initially barred from export. Cornelis van Haarlem’s “Saint Sebastian” was bought last year by the prince’s curator Johann Kraftner, who found it “hanging high up on a wall in a freezing castle in Scotland”, during a tour of British country houses with the London dealer Simon Dickinson. Its export licence was initially deferred but as no UK buyer could be found to buy the painting at £1.5m, it has now gone to the princely collections.

The Art Market: Old Masters (Financial Times)

More from Art Market Monitor

  • Louvre Abu Dhabi Announces Acquisition of £9.48m Rembrandt StudyLouvre Abu Dhabi Announces Acquisition of £9.48m Rembrandt Study
  • Christie’s Has Richard Feigen Collection in MayChristie’s Has Richard Feigen Collection in May
  • Christie’s Sells £11.4m Leyden Drawing to Benefit Rugby SchoolChristie’s Sells £11.4m Leyden Drawing to Benefit Rugby School
  • Getty Buys Previously Unknown Quentin Metsys PaintingGetty Buys Previously Unknown Quentin Metsys Painting
  • Christie’s to Sell Shickman Collection Led by Spanish Still LivesChristie’s to Sell Shickman Collection Led by Spanish Still Lives
  • Sotheby’s Has Two Caspar David Friedrich Works in DecemberSotheby’s Has Two Caspar David Friedrich Works in December

Filed Under: Collectors Tagged With: Old Master

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
 

Loading Comments...