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Artcurial

From Wikipedia, the free encyclopedia
Artcurial at the Hôtel Marcel Dassault in Paris

Artcurial is a French auction house which has its headquarters at the historic Hôtel Marcel Dassault in Paris.

History

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In 2001, Nicolas Orlowski acquired the Artcurial Gallery from L'Oréal.[1] He hired auctioneers Francis Briest, Hervé Poulain and Rémy Le Fur, and established an auction house by the same name.[1]

It is a subsidiary of the Dassault Group.[2] Additionally, Monegasque billionaire Michel Pastor was a shareholder until his death in 2014.[3]

As of 2014, it was the third largest auction house in Paris after Christie's and Sotheby's.[1]

In 2022, Artcurial celebrated its 20th anniversary.[4]

April 2023 Artcurial acquired Beurret Bailly Widmer Auktioner, an Auction house in Switzerland.[4][5] Beurret Bailly was founded in 2011 by Nicolas Beurret and Emmanuel Bailly that specialized in the sale of modern and contemporary art.[4][6]

Notable Auctions

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In March of 2023, there was news of a botched $1 million auction after the buyer, Patrick Matthiesen, asked about the origins of the painting they purchased.[7] The piece in question,Narcissus by Laurent de La Hyre (circa 1640), was originally purchased in an anonymous sale in London in 1929.[7]

In August on 2023, a natural burmese stone, noted as the second-most expensive ruby to be sold in auction at $3.3 million.[8] The stone is set in an 18-karat yellow gold setting, surrounded by 10 0.4-0.5 carats each.[8][9]

Controversies

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In 2012, the sale of an imperial Chinese seal by Artcurial sparked controversy despite protests from China and the Association for the Protection of Chinese Art in Europe (APACE). The seal was believed to have been looted from the Old Summer Palace in Beijing by Franco-British troops in 1860. Artcurial disputed this provenance, asserting that their expertise indicated the seal did not originate from the Old Summer Palace.[10]

References

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  1. ^ a b c Béatrice De Rochebouet, Nicolas Orlowski, monsieur Artcurial, Le Figaro, June 24, 2014
  2. ^ Dassault Group: Artcurial
  3. ^ Marie-Pierre Grondahl, L'héritière est décédée: Qui en veut aux Pastor?, Paris Match, May 21, 2014
  4. ^ a b c ArtDependence. "ArtDependence | Artcurial Expands Into Switzerland With the Acquisition of Beurret Bailly Widmer Auktionen". www.artdependence.com. Retrieved 2023-06-20.
  5. ^ Pryor, Riah (2023-04-19). "Artcurial expands into Switzerland with a stake in auction house Beurret Bailly Widmer". The Art Newspaper - International art news and events. Retrieved 2023-08-15.
  6. ^ "Nicolas Orlowski's Artcurial Purchases Swiss Auction House to Expand in Europe". Observer. 2023-04-19. Retrieved 2023-06-20.
  7. ^ a b Kinsella, Eileen (2023-05-30). "What the Story of a Botched $1 Million Auction Reveals About the Clash Between New Anti-Money Laundering Laws and Client Confidentiality". Artnet News. Retrieved 2023-06-20.
  8. ^ a b "Ruby Ring Sells for $3M+ at Artcurial Auction". nationaljeweler.com. Retrieved 2023-08-23.
  9. ^ "7.1-ct Ruby Ring Sells for $3.26m in Monaco". www.idexonline.com. Retrieved 2023-08-23.
  10. ^ "La vente d'un sceau impérial chinois chez Artcurial suscite la polémique" (in French). 2012-12-17. Retrieved 2024-11-04.
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