28 February 2009

Yves Saint Laurent x The Sale of the Century

The Sale of the Century has come and gone. Style icon Yves Saint Laurent died last year at the age of 71, and this week the fashion legend's unparalleled art collection was sent to Christies auction house. Laurent and partner Pierre Berge collected art for nearly 50 years and accumulated one of the most impressive private holdings of art and design in the world, art deco, bronze sculptures and masterpieces by Picasso, that filled their Paris flats and country retreats.

Over 700 items were sent to auction and it was estimated they would gross over 300 million Euros, which is about half a billion dollars Canadian. An original Duchamp perfume bottle with the artist pictured on the front was estimated to sell for 1-1.5 million Euros. After two passionate collectors raised the price, it was sold for 9 million Euros. Record sales for individual works by several artists contributed to the $330 million Canadian of sales on the first day.

A beautiful story in the middle of a global economic crisis. Art as safe investment.

Judd Tully, the editor of Art and Auction Magazine spoke with Jian Ghomeshi live from auction on the Tuesday February 24th 2009 edition of Q the program.

Click HERE to read more


Post a Comment