Art Market Monitor

Global Coverage ~ Unique Analysis

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

Kenny Schachter Checks Up on Some St. Moritz Gallerists

January 5, 2017 by Marion Maneker

Kenny Schachter has his annual account of his New Year’s holidays in St. Moritz which include a heavy round of gallery going. Schachter indulged in a wide ranging show that featured at least one work with a recent auction reference point:

I dipped into Robilant + Voena with its show, “From Taddeo Gaddi to Lucio Fontana,” on view. The Fontana was vacationing in St. Moritz after a fall appearance at Frieze Masters in London. I sheepishly asked one of the principals which Old Master was the best—okay, the most valuable—to which he bellowed, “Anyone could see!” Er, anyone but me, apparently. It was the Gaddi (1300–1366) panel, which was going for $2,500,000 and had an auction record of $2,138,089, set in 2011 at Christie’s London.

Schachter points out that the record-making triptych is much larger than the small panel price 20% above the record. Perhaps more interesting in the endless debate about the relative values of Old Master and Contemporary art, Schachter found that the panel on offer (above) was bought in at auction 11 years ago with an estimate range that gave the work a ballpark value of $750,000.

Kenny Schachter on Art and Horse-Racing in St. Moritz  (artnet News)

More from Art Market Monitor

  • Hepworth Helps OutHepworth Helps Out
  • Roubini’s Regulation of Art Market Would Be More TransparencyRoubini’s Regulation of Art Market Would Be More Transparency
  • Guy Wildenstein Spends 2 Nights in Police CustodyGuy Wildenstein Spends 2 Nights in Police Custody
  • Global Collectors Use Offshore Tax Havens to Shield Art from Wealth TaxesGlobal Collectors Use Offshore Tax Havens to Shield Art from Wealth Taxes
  • Phillips Steps Up with Solid SalePhillips Steps Up with Solid Sale
  • Why a $100m Leonardo Plus a $50m Warhol Might Just Equal a Mega MuseumWhy a $100m Leonardo Plus a $50m Warhol Might Just Equal a Mega Museum

Filed Under: Dealers, General

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