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Art Analytics

Data • 


léon spilliaert

At auctions, the works of Léon Spilliaert have 

yielded $18.4 million in 856 lots, in other words 

an average price of $21,476 per lot placed on 

sale and $13,980 per lot sold. The artist’s unsold 

rate is high (33 %) – a phenomenon that has in-

tensified since the start of the 2000s (an average 

of 42 % over the period 2000 - 2015). In 2003, 

out of 39 lots placed on sale, 24 were withdrawn 

from sale. 

The record price for a work by Léon Spilliaert 

sold on auction was reached by De Vuyst in Loke-

ren (Belgium) in October 2015, with 

Self-Portrait, 

3 November 1908 (1908), going for $665,100. A 

few months earlier, in June 2015, Sotheby’s Paris 

sold a watercolour, 

The Absinthe Drinker (1907) 

for $440,800. The artist’s third-best auction sale 

was also concluded at Sotheby’s Paris, in June 

2013, with 

Dike, Ostende, Light Reflects (1908), 

sold for $392,430. 

Unsurprisingly, the artist’s drawings and waterco-

lours are his most sought-after works. His most 

lucrative period is the intense creative phase 

taking place between 1906 and 1910, a time at 

which Léon Spilliaert was violently distressed 

and deeply nourished by Symbolist ideas. The 

self-portraits produced over this period include 

his most famous ones  — those that are the most 

in demand.  

0 %

25 %


50 %

75 %


100 %

1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015

sold

bought in



33 %

67 %


sold

bought in

5 %

8 %


87 %

Drawing


Multiples

Painting


6 %

93 %


6 %

9 %


11 %

72 %


Belgium

T e Netherlands

France

United Kingdom



other

17 %


20 %

11 %


51 %

33 %


10 %

10 %


18 %

30 %


De Vuyst

Campo


Christie’s

Sotheby’s

other

22 %


24 %

20 %


12 %

23 %


Distribution of lots by

medium and revenue

Distribution of lots by

country and revenue

Rate of sold lots vs. bought-ins

Distribution of lots and revenue 

by auction house

Evolution of unsold rate



 25 

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#



237

 • 22 february 2016




Art Analytics

Data • 


léon spilliaert

$0

$1m



$2m

$3m


1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015

$0

$20k



$40k

$60k


1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015

0

20



40

60

80



1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015

> $100k


$50-100k

$20-50k


$10-20k

$5-10k


< $5k

0 %


25 %

50 %


75 %

100 %


sold

bought in

> $100k

$50-100k


$20-50k

$10-20k


$5-10k

< $5k

$0

$1m



$2m

$3m


$4m

$5m


84

35

21



163

167


259

Rate of unsold lots 

by estimates range

Turnover and number of lots 

by price range

Evolution of the

number of lots

Evolution of 

the yearly 

turnover


Evolution of the 

average value 

per lot

 26 

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Subscribe for free. 



#



237

 • 22 february 2016




Art Analytics

Data • 


léon spilliaert

Léon Spilliaert‘s popularity is stable. Could the significant unsold rate of the 

artist’s works at auctions cause auction houses to undervalue him? 33 % of his 

works have sold over their high estimates. Only the auction De Vuyst seems to 

slightly overvalue Léon Spilliaert (46 % of lots sold below their low estimates). 

De Vuyst


Campo

Christie’s

Sotheby’s

21 %


36 %

40 %


21 %

61 %


40 %

39 %


34 %

18 %


24 %

21 %


46 %

$0

$0.5m



$1m

$1.5m


$2m

0

20



40

60

80



1900 1903 1906 1909 1912 1915 1918 1921 1924 1927 1930 1933 1936 1939 1942 1945

lots


turnover

33 %


41 %

26 %


At the moment, Léon Spilliaert’s works are visible at the Museum Kranenburgh 

in Bergen (Norway), at the exhibition “Silence out loud”, open until 12 June 

2016. 

Auctions results 

from Artprice.com

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Number of lots presented, and 

sales figures by year of creation

Percentage of works sold

below, within, and above estimates

Percentage of works sold below, within,

and above estimates per auction house



 27 

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237

 • 22 february 2016




 resuLts 

 shower of records for artcurial “ur-

ban art” sales

t

he “Urban Art” sale on 14 February 2015 in Pa-



ris was marked by a shower of records, adjudi-

cated by the licensed auctioneer Artcurial.

600 collectors and urban-art lovers gathered for 

the occasion. The sale raised a total of $1,567,050 

(€1,386,770) with 82% of lots sold. A new world 

record was set for a work by artist Speedy Graphi-

to, 

Captain Spray, selling for €37,700 ($42,601). 



Ditto for Toxic’s 

Ach, selling at $29,380. Ten other 

records were set for artists in this category.

Director of the Urban Art department of Artcu-

rial, Arnaud Oliveux, expressed his satisfaction 

with this success: “This tenth session on urban art 

was a lively celebration of this movement, today 

recognised internationally. There is wide interest 

in historic graffiti as well as in the contemporary 

scene. The new records set this evening confirm 

Artcurial as a reference spot for urban art.” 

 announcement 

 sale of pierre Hebey’s col-

lection at artcurial   

a

rtcurial is organising, on 22 and 23 February 



2016, a sale called “Le regard de Pierre Hebey 

- Les Passions modérées”.

The sale is divided into four chapters: decora-

tive arts, books and manuscripts, modern and 

contemporary paintings, and French 19

th

 century 



bronzes. The collection is estimated at being wor-

th between 6 and 8 million dollars. Pierre Hebey, 

a former lawyer specialising in intellectual pro-

perty, defended many artists with whom he be-

came close, including Max Ernst, Jean Tinguely, 

Niki de Saint Phalle, Bram Van Velde, Chagall and 

Alechinsky. As of the 2000s, Pierre Hebey devoted 

himself to writing.

This sale, offering around sixty works for sale, will 

also be the opportunity to retrace the itinerary of 

this atypical collector and his collection gathered 

via his contact with major 20

th

 century artists.



 resuLts 

 2016, a good year for rodin in auc-

tion rooms?   

o

n 16 February 2016, at Drouot (Paris), auc-



tioneers Binoche et Giquello dispersed 

around fifteen lots from the collection of former 

gallerist Jean de Ruaz. The collection namely in-

cluded five Rodin bronzes.

An American buyer acquired the sale’s two major 

lots: a 


Baiser “the size of a door”, cast by Alexis 

Rudier, going for €2.2 million, expenses included

and 

L'Éternel Printemps, cast between 1935 and 



1945 by Alexis Rudier, for €693,000. Out of the 

five Rodin lots, four sold for over their high esti-

mates. The sale also featured furniture pieces by 

Paul Iribe, including a 

Fauteuil Nautile, estimated 

as being worth between €100,000 and 120,000, 

purchased by a buyer from the Middle East for 

€226,800, expenses included.

These pleasing results are not just one-offs. On 

3 February 2016, Sotheby's sold 

Iris, Messagère 

des Dieux in London for £11.6 million, expenses 

included (€15.3 million) — a record for a Rodin 

work and one of the two last bronzes cast during 

the artist’s life to still be on the market. Then on 

4 February, it was Bonhams that sold a version of 

L'Éternel Printemps, cast between 1905 and 1907 

by caster Barbedienne, for £938,500 (€1.21 mil-

lion). 

auctions


 Hr 

 melanie clore, chairman of sotheby's europe, steps down 

Art in 2000, and chairman of the Europe zone in 2011. Her trajectory 

led her to become the first woman auctioneer to take charge of a sale 

in 2000 and to be appointed as trustee of the Tate Gallery by Tony Blair 

in 2004.

Her departure is possibly prompted by a voluntary redundancy plan in 

place at Sotheby's since the end of 2015, instigated by Tad Smith. An alle-

gation that Melanie Clore refuses to confirm.

m

elanie Clore, chairman of Sotheby's Europe 



and worldwide co-chairman of Impressio-

nist and Modern Art, is leaving Sotheby’s after 

35 years with the auction house.

tHer career began in 1981 as an intern. She 

then climbed up the ranks until she became 

vice-chairman of the Impressionist and Modern 



Carouge (1967)

Bram van Velde 

Hebey's Collection

 © Artcurial



Meuble de collectionneur (circa 1937)

Eugène Printz

Hebey's Collection

© Artcurial



 28 

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#



237

 • 22 february 2016




 birtHday 

 arteba celebrates its 25

th

 anni-

versary in 2016   

t

o mark its 25



th

 birthday, the arteBA fair (Bue-

nos Aires) will be held at La Rural convention 

centre, from 19 to 22 May 2016.

In the context of the Dixit section, we will be (re)

discovering three winners of the Young Cura-

tors section — Federico Baeza, Lara Marmor and 

Sebastián Vidal Mackinson — who will be putting 

forward a curatorial project covering the last 25 

years in Argentinean artistic creation.

This year, the selection committee will include 

Mercedes Casanegra (curator), Orly Benzacar 

(director of the gallery Ruth Benzacar), Eduar-

do Brandão (director of the gallery Vermelho), 

Ignacio Liprandi (director of Ignacio Liprandi 

Arte Contemporáneo) and Sabine Schmidt (di-

rector of PSM).

 incoming 

 

the european festival circu-

lation(s), for young photography, from 26 

march to 26 june 2016 

t

he Circulation(s) festival will be taking place 



at the Centquatre in Paris, from 26 March to 

26 June 2016, in the presence of Agnès b., god-

mother of the 2016 edition.

Circulation(s), a European festival for young 

photography is back for the sixth consecutive 

year for a three-month duration. The festival’s 

ambition is to promote the emergence of young 

photography artists while offering a series of 

cross perspectives on Europe today. The pro-

gramming will draw together a guest jury, gal-

lery and school, as well as a child-high section, 

“Little Circulation(s)” including a series of activi-

ties for young attendees.

The exhibition will gather some 51 European 

photographers, with the hope of reproducing 

the success of the 2015 edition.



 announcement 

 the contemporary afri-

can art fair 1:54 unveils its list of exhibitors 

F

or its second year in America, the fair 1:54 



will be taking place in New York. It will be 

gathering 70 galleries, 25 countries, and a se-

lection of works by sixty or so artists including 

Derrick Adam, Joël Andrianomearisoa, Edson 

Chagas, William Kentridge, Otobong Nkanga 

and Billie Zangewa.

The fair will be opening at the Pioneer Works in 

Red Hook, Brooklyn from 6 to 8 May. The coun-

tries represented include Angola, Burkina Faso, 

Ethiopia, the Democratic Republic of Congo, 

Mozambique, Sierra Leone and Zimbabwe.

Fair director Touria El Glaoui said the following: 

“The energy, interest, and overall success of the 

inaugural US fair in 2015 has led us to return this 

May in hopes of broadening our reach and ex-

panding the art world's knowledge of Africa and 

the ever-evolving African art market.” 

fairs & festivals



 announcement 

 reed expositions announces the end of paris photo Los angeles and renounces setting up the fiac in La 

Compain, head of the culture, luxury and entertainment division at Reed Expo-

sitions France, by the “lack of the market’s maturity” that fails to offer adequate 

guarantees for exhibitors. He nonetheless reassures that alternatives are being 

explored for the international development of Reed Expositions’ fairs.

Paris Photo will be taking place from 10 to 13 November this year at the Grand 

Palais, and will be celebrating its 20

th

 edition. 



t

he Paris Photo Los Angeles fair, initially sche-

duled to run from 29 April to 1 May 2016, has 

been cancelled despite the popular success of its 

previous editions. The project to set up the FIAC in 

Los Angeles has also been abandoned.

This withdrawal has been explained by Jean-Daniel 

Camille Sonally

Courtesy of Festival 

Circulation(s)

Pàtric Marin

Courtesy of Festival 

Circulation(s)

 29 

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237

 • 22 february 2016



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