Degas Ballerina Bronze Sold for $19.2 Million

February 4, 2009 RSS Feed Print
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A rare sculpture of a young dancer by French Impressionist Edgar Degas sold for a record 13.3 million pounds ($19.2 million) yesterday at Sotheby's auction house in London. It was expected to sell for up to 12 million pounds ($17 million). Collector and philanthropist Sir John Madejski paid 5 million pounds for the statue at the British auction house in February 2004. The bronze cast was one of only 10 remaining in private collections.

La Petite Danseuse de Quatorze Ans, or Little Dancer of Fourteen Years, a bronze figure of a young ballerina with her chin tilted up and hands clasped behind her back, was bought by a private bidder in Asia. The record sale price for a Degas statue made it the top lot in Sotheby's auction of Impressionist and modern art, which earned a total of 32.5 million pounds ($46.2 million). Twenty-two of the 29 lots found buyers, proving that the art market can still attract wealthy buyers, even during a recession.

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I would like to sell it at christies

Anthony Spagnolo of FL 2:01AM February 14, 2009

All so-called sculptures in bronze, attributed to Edgar Degas, are posthumous -counterfeits-.

That would also make Sir John Madejski's "Little Dancer" -counterfeit-.

You see, Edgar Degas was some three or more years dead (d. 1917) when those 2nd to 3rd-generation-removed counterfeits were posthumously reproduced in bronze with counterfeit -Degas- signatures applied between 1920 to 1936 or later.

The dead don't sculpt, much less sign anything.

This factual perspective is confirmed in the National Gallery of Art’s published 1998 Degas at the Races catalogue. On page 180 in Daphne S. Barbour’s and Shelly G. Strum’s “The Horse in Wax and Bronze” essay, these authors write: “Degas never cast his sculpture in bronze, claiming that it was a “tremendous responsibility to leave anything behind in bronze -- the medium is for eternity.”

Additionally, on the National Gallery of Art’s www.nga.gov/education/degas-11.htm website, it states: “By comparing the sculpture to stylistic changes in Degas' paintings and pastels, we are developing a chronology for the sculpture, which Degas did not date or sign.”

In the United States the Association of Art Museum Directors endorses the College Art Association's ethical guidelines on sculptural reproductions. In part, those ethical guidelines state: "any transfer into new material unless condone by the artist, is to be considered inauthentic or counterfeit and should not be acquired or exhibited as works of art."

Sothebys senior vice president John Tancock was one of the original signees for these 1974 ethical guidelines.

Gary Arseneau

Artist & Scholar

Fernandina Beach, Florida

Gary Arseneau of FL 5:50PM February 04, 2009

This is your high end tax cuts at work. Yeah, I know the buyer was from Asia, not USA, but the race to the bottom for low taxes on high incomes has been a worldwide thing----a thing that will soon be "rethought" on a worldwide scale.

Where does after-tax money go? To creating jobs? Nope, to bidding up assets.

WHY do you think we have one "bubble" after another?

Muser of NM 10:45AM February 04, 2009

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