Collection and capitalIt is no secret that the most successful and resonant auction auction houses are held at the sale of entire collections of famous artists. So it had to happen with an impressive collection of 85 works of Juan Miro (1893−1983) at Christie's auction in early February. All these paintings, drawings, sculptures and collages of a Catalan Spanish abstract artist once belonged to a Portuguese bank that burst! Banco Português de Negócios BPN bought the work of the master from private collections in Japan from 2003 to 2006. Alas, this excellent investment did not help the capitalists in the crisis year 2008: the bank went bankrupt and was nationalized. And this means that the collection of works by Joan Miro was transferred to the state. Trying to compensate for the loss of the budget, the Portuguese government decides to part with this cultural fund, valuing it at $ 49 million and putting it up for auction.Red spider eats the sunHoan (Joan) Miro1948
Millions for painting?At Christie's, they were not slow to announce to the world that "this is one of the largest and most impressive collections of works by the artist that have ever been sold at auction." For many lots it was planned to get the amount of three times the estimate. Catalogs and news were filled with images of famous canvases, such as Women and Birds (Femmes et oiseaux, 1968) with an estimate of 4–7 million pounds, and Painting (Peinture, 1953, 2 , 5−3.5 million pounds). Optimistic financial forecasts for Joan Miro's work were more than reasonable. For example, in 2012, his “Painting (Blue Star)” (“Peinture (Etoile Bleue)”) was sold for a record amount of 37 million dollars for the artist’s paintings. Meanwhile, trading in London on February 4–5, 2014, was a time of high expectations. However, it was necessary to take into account the political situation in the country.
If the Government is up to something, then the left opposition is against! The official seller of the collection was the current authorities of Portugal, and such a major reason for the scandal could not be missed. Needless to say, the deed is good: how can one deprive a country of such wealth? Artists, politicians and cultural citizens of Portugal have supported a very serious petition to ban the sale of paintings on the Internet: just look at “Signor to the President of the Republic of Portugal”! Since its appearance on January 2, less than a month, 9.3 thousand signatures have been collected (at the time of this writing - already more than 10 thousand), which served as a good reason for official proceedings.