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Gazette Drouot - C apencheres

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THE MAGAZINE EDITORIAL<br />

DR<br />

Stéphanie Perris-Delmas<br />

EDITORIAL MANAGER<br />

Editorial Director Olivier Lange I Editor-in-chief Gilles-François Picard I Editorial Manager Stéphanie Perris-Delmas (perris@gazette-drouot.com) I Distribution Director Dominique Videment<br />

Graphic Design Sébastien Courau I Layout-artist Nadège Zeglil (zeglil@gazette-drouot.com) I Sales Department Karine Saison(saison@gazette-drouot.com) I Internet Manager Christopher Pourtalé<br />

Realization Webpublication I The following have participated in this issue: Sylvain Alliod, Marie C. Aubert, Alexandre Crochet, Anne Foster, Chantal Humbert, Dimitri Joannidès, Camille Larbey, Joana Laverock, Caroline<br />

Legrand, Xavier Narbaïts, Zaha Redman, Renaud Siegmann I Translation and proofreading: 4T Traduction & Interprétariat, a Telelingua Company 93181 Montreuil. I La <strong>Gazette</strong> <strong>Drouot</strong> - 10, rue du Faubourg-Montmartre,<br />

75009 Paris, France Tél. : +33 (0)1 47 70 93 00 - gazette@gazette-drouot.com. This issue of La <strong>Gazette</strong> <strong>Drouot</strong> is a publication of @uctionspress. All rights reserved. It is forbidden to place any of the information, advertisements<br />

or comments contained in this issue on a network or to reproduce same in any form, in whole or in part, without the prior consent of @uctionspress. © ADAGP, Paris 2012, for the works of its members.<br />

PRICES INCLUDE BUYER’S PREMIUM<br />

Might the crisis be over? In any case that was our feeling walking up<br />

and down the aisles of the Fiac in Paris in mid-October, when the<br />

ambiance of halcyon days reigned beneath the glass roof of the Grand<br />

Palais. Attendance and transactions were both up, as if the mad<br />

amendment to include works of art worth over €50,000 in the wealth<br />

tax base could not dampen buyers' enthusiasm. For example, Brussels'<br />

Vedovi gallery sold a Calder mobile for over €2.5m. We have the same<br />

feeling about the outcome of the auctions that took place in the fair's<br />

wake and benefited from its effect: €5.1m for a painting by Magritte,<br />

€1.6m for a Basquiat acrylic and nearly €1m for a small Egyptian<br />

statuette, a result inversely proportional to its size. Paris, the capital of<br />

the arts, still holds a prime position in the auction world. After modern<br />

and contemporary art, next month the City of Light celebrates ancient<br />

painting and photography at two international fairs that will host<br />

several specialised high quality auctions intended to draw savvy collectors.<br />

Ah, Paris will always be Paris!

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