The Government opened an auction of two paintings by Claude Monet for in excess of 90 million dollars (Monet Oil Paintings )
The national government opened a public auction to sell four paintings made by masters of contemporary art, including Claude Monet. The Frenchman's paintings, which have a place with the prestigious "Nympheas" (Water Lilies) series, will be offered at a base value of $ 50 and $ 42 million, according to a notification published today in the Official Gazette.
The paintings have a place with a private collector with an interest in selling these works outside the country. Nonetheless, according to a regulation that came into power last year, there is a system so that these types of pieces of high artistic value are auctioned and can find a local purchaser before they cross the borders.
Named "Nympheas", Monet's oldest painting available to be purchased dates from 1904, measures 90 by 92cm and is valued at $ 50 million. The other painting in the series is dated 1908, its dimensions are 90.2 by 87.6cm and its cost is valued at USD 42 million. Both have a place with the last time of Monet's work , when the author settled with his family on an estate in Giverny and made his notorious gardens world famous.
The two remaining pieces are Nature morte a la cruche bleu ("Still Life with a Blue Jug"), by Maurice De Vlaminck, and Les Andelys Port Morin (The Morin Port of Andelys), by Paul Signac . Both date from 1906 and 1886 and are valued at $ 5 million and $ 3.5 million, respectively.
According to the content of the public call, the state of conservation of the paintings is "acceptable ". Offers will be gotten before the National Directorate of Cultural Assets and Sites, located at Avenida Alvear 1690, in the City of Buenos de Aires.
"Impressionist art is a finite item. It is huge news for the market of art there in the country a paradigmatic work of international request and that could be in museums Louver or D'Orsay", considered Infobae Florence Agra, who He has over 10 years of involvement with auctions of artistic works and is a teacher at the Universidad del Salvador (USAL) in the subjects of Property Appraisal and Art History. (Monet Classics Paintings)
An interesting work that could be sold abroad
The auction of Claude Monet's paintings takes place after the regulatory changes advanced by the national government with the declaration of necessity and criticalness (DNU) of "debureaucratization of the State" , which suppressed and simplified the procedures in various commercial activities , including the of "international circulation of works of art".
The auction will be represented by the terms of that DNU (Law 27,444), which established a mechanism for those works of art that are "traded", that is, acquired by legal or physical persons of foreign origin.
For the specialist in collecting Daniela de la Rez , who graduated in Management and Art History from USAL, the proprietor of Monet's paintings " is trying to get them out of the nation to sell them abroad ." In other words, there is already a foreign purchaser who offered the suggested value in the auction.
Prior to the sanction of the DNU of debureaucratization, an artist, gallery proprietor or tourist had to face complex stationery to move an art object abroad. When the process started, 72 hours had to pass to have Customs approval. That bureaucracy was a source of complaints and claims from the operators of the sector .
In any case, that presently changed. At the point when the purchaser is a non-resident, the technique consists of completing a " trade notice " through the Trámites a Distancia (TAD) website. This applies to the works of artists living or deceased 50 years ago. It is simple documentation to present to the customs authorities in case they require it.
Nonetheless, in works such as those by Monet or Signac, where the authors - known or obscure, national or foreign - passed on over 50 years ago, a " trade license " must be applied for . In these cases, a chamber of experts is engaged to stop a foreign sale operation and launch an auction to assess whether there is "a purchase interest with respect to the national State or outsider Argentine residents." next blog