How to pick up a Picasso for £400

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How to pick up a Picasso for £400

Post by NaomiM on May 4th 2014, 7:33 pm

Tbh, it seems a bit expensive to me.

http://www.telegraph.co.uk/culture/art/artsales/10807777/How-to-pick-up-a-Picasso-for-400.html

Owning a work by Pablo Picasso would seem beyond the dreams of all but the world’s wealthiest collectors.
But a forthcoming auction will allow fans of the artist to pick up a Picasso for as little as £400 – albeit for a terracotta tile measuring 5x5 inches.
The tile is among 170 lots in a sale of Picasso ceramics that also includes plates, vases, jugs and bowls designed by the great 20th century artist.
The sale will take place at Sotheby’s in London on Wednesday, and offers an “exceptional” selection of the artist’s clay work.
Eighteen of the lots can be had for £800 or less if they achieve their low estimates, although chances are they will fetch rather more. The highest estimate of £60,000-£80,000 is attached to a vase decorated with bullfighting scenes.

The prices are a far cry from the £70 million commanded by Picasso’s Nude, Green Leaves and Bust in 2010, making it the most expensive painting ever sold at auction.
The works are made affordable by the fact they were produced in runs of up to 500; and while the artist painted the designs, he left the actual pottery-making to others.
All of the pieces were created during the last decades of the artist’s life, in collaboration with the Madoura pottery on the French Riviera.
Animals, birds, nymphs and mythological characters are featured in the designs, including the minotaur, a recurring motif in Picasso’s work.
The Spanish artist first visited the pottery in Vallauris in 1946, where he struck up a friendship with the owners, Georges and Suzanne Ramié.
The appeal of the artisan lifestyle and the opportunity to work in a new medium prompted Picasso to ask the couple if he could work with them, and in 1947 he began creating his own pieces there.
A corner of the workshop was duly set aside for him, and he was treated like any other employee – although his fellow workers did not have Brigitte Bardot, Gary Cooper or Richard Attenborough drop by for a chat.
Customers who approached the elderly employee looking for sales advice were astonished to find themselves face to face with the celebrity artist.
In all, Picasso spent 24 years at Madoura, producing 633 designs in limited editions ranging from 25 to 500. He died in 1973.
It was also the place where he met the final love of his life. Jacqueline Roque was a cousin of Suzanne Ramié and employed there as a sales assistant.
Despite the age difference – she was 27, he was 72 – they began a romance, and she became his muse and second wife.
Sotheby’s said: “Beginning with his first trip to Vallauris in the summer of 1946, Pablo Picasso remained enchanted by the freedom and expressive nature of the ceramic medium throughout the last 25 years of his life.
“Working with the Ramié family during these years, Picasso found great satisfaction working with clay – the alchemy of working with slips and glazes, the effects of texture and colour, and the daily life of the artisan attracted him greatly.
“In these works we truly see Picasso’s freedom of thought and creative powers, and the sense of playfulness for which he was so renowned.”
In 2012, the son of Georges and Suzanne Ramié sold 543 items which had remained at the Madoura pottery since the artist’s death, including pottery, prints and photography. It fetched £8 million, over four times its pre-sale estimate.

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Re: How to pick up a Picasso for £400

Post by studio-pots on May 4th 2014, 10:09 pm

"But a forthcoming auction will allow fans of the artist to pick up a Picasso for as little as £400 – albeit for a terracotta tile measuring 5x5 inches."

All very good publicity for Sotheby's but the sentence above from the piece and the title are completely untrue.

What the writer fails to say is that if you were able to get the tile in question for a hammer price of £400 then the price you would pay is £520 i.e. after Sotheby's add 25% commission + VAT.

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Re: How to pick up a Picasso for £400

Post by studio-pots on May 4th 2014, 11:48 pm

................ and too expensive, although there are some of the pieces that I like very much and would like to own.

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Re: How to pick up a Picasso for £400

Post by NaomiM on May 4th 2014, 11:58 pm

Yes, it's obviously a advert for the auction, dressed up as a proper newspaper article. The newspapers are full of them - especially the property pages.

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Re: How to pick up a Picasso for £400

Post by big ed on May 5th 2014, 4:57 pm

You wouldn't want to be tiling your bathroom walls at those prices Eh?  Laughter 
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Re: How to pick up a Picasso for £400

Post by studio-pots on May 7th 2014, 8:37 pm

The terracotta tile measuring 5 by 5 inches with the low estimate of £400 fetched a little more today............... £1950 including commission and VAT.  Big Shock

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Re: How to pick up a Picasso for £400

Post by big ed on May 7th 2014, 8:43 pm

£1950 , YIKES! , that would buy some nice pots so it would , who wants a bloody tile  Laughter 
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Re: How to pick up a Picasso for £400

Post by studio-pots on May 7th 2014, 9:05 pm

studio-pots wrote:The terracotta tile measuring 5 by 5 inches with the low estimate of £400 fetched a little more today............... £1950 including commission and VAT.  Big Shock

These auction johnnys do make it difficult for you to find the real price you pay, unless you get their invoice I assume.

I forgot to add the £60 ARR (Artists' Resale Rights) so the total price was £2010.

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Re: How to pick up a Picasso for £400

Post by NaomiM on May 7th 2014, 9:16 pm

Shock 

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Re: How to pick up a Picasso for £400

Post by studio-pots on May 7th 2014, 9:38 pm

So the answer to the statement, "How to pick up a Picasso for £400" is not.... "go to a Sotheby's auction".

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