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out of 39 lots placed on sale, 24 were withdrawn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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• 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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• 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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• 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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• 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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• 22 february 2016
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