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The Allure of the East

November 8, 2010 by Marion Maneker

[intro]Victorian Artist Sparks Fire of Desire in Mid-East and Hong Kong Collectors[/intro]

How did that $35-million Alma-Tadema painting get bid to ten times the low estimate? Colin Gleadell says the competition was slugged out between two bidders with no previously discernible connection to Victorian art

[E]ven the experts were confounded when one bidder from Hong Kong and another from the Middle East slugged it out until it sold for $36 million (£22 million) to a third, deeply anonymous bidder.

Though born in Holland, Alma-Tadema is considered British, and is now, once again, among the highest-priced British artists, third only to Turner (£29 million) and Bacon (£26.6 million for a single canvas, though triptychs have made more) in the auction records.

In the context of last week’s sales, Moses made more than a large Monet water lilies painting ($24.7 million) or a record-breaking cubist painting by Juan Gris ($28.6 million).

New York art sales: Moses back from the wilderness (Telegraph)

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Filed Under: Micro-markets

About Marion Maneker

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