TEFAF Opens With Old Master Optimism

By Judd Tully

Published: March 13, 2009

TEFAF Opens With Master Optimism

Gilbert and George Lucio Fontana Sir Peter Paul Rubens Max Ernst Aniello Falcone El Greco Duane Hanson Gabriel Metsu

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At New York’s Van de Weghe Fine Art, Duane Hanson’s Old Man on a Bench (1977), a photorealist depiction of the artist’s father in painted fiberglass, sold to a Dutch private museum for €475,000. The work had been in the Saatchi Collection until about a year ago.

Paolo Vedovi of the Paris/Brussels outfit Galerie Odermatt-Vedovi appeared pleased as Lucio Fontana’s gouged black Concetto Spaziale from 1962 sold for around €2.5 million and a multi-panel Gilbert and George in its original artist frame, The Basket (1978), sold to a European collector for $600,000.

“The great thing about Maastricht,” Vedovi said, comparing the fair to auctions, “is that if you bring something incredible here and you don’t sell it, it’s not burned.”

Judd Tully is Editor at Large of Art+Auction.

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