Author: Isabelle Imbert

  • Islamic Week, Autumn 2022: Results Highs and Lows – Part 1 (blog)

    Islamic Week, Autumn 2022: Results Highs and Lows – Part 1 (blog)

    The Islamic week just finished in London, and what a week it has been. Starting on a personal note, it’s been a busy one for me, and I am so grateful to have been able to see so many amazing experts, scholars, collectors and enthusiasts, who make the field of Islamic arts genuinely exciting. And of course, having the opportunity to see so many artworks is a privilege I never take for granted.

    This blog article will be in two parts. I will give my thoughts on the main topics here, and will deep-dive more on certain items in the next one, keeping both articles easy to read and quick to write.

    All prices include premium.

    Now, there is a lot to say about the auctions. Bonhams opened the week with a catalogue of 157 lots and sold only 41% for a total of £471,697.50, while the online auction sold 46% of their 249 for £268,605.75. The next day, Sotheby’s sold 56% of their catalogue of 195 lots for a total of £14,224,727. On the Thursday, Christie’s sold 90% of their 264 lots for £15,989,353, a record for Christie’s London in the past 15 years, only surpassed in May 2019 when three lots were sold for more than £3 million each. On the Friday, Chiswick won the whole week by achieving a white-glove sale in their single-owner morning auction, selling 100% of the 89 lots for £141,361. The afternoon auction also did well with 63% sold of their 360 lots for £327,401. Finally, Roseberys sold 66% of their 418 lots (excluding archaeology) for a total of £736,918, an impressive total.

    Pitchwai celebrating Nandi, India, 20th c, Roseberys 28/10/22, lot 468, £2,470

    The downfall of Bonhams

    We need to talk about Bonhams first. I am usually quite critical of auction houses and catalogues that are not up to the standard that we should expect, but this is heartbreaking. Bonhams’ Islamic and Indian art department has been in decline for the past 10 years, and this is their worse Islamic week sale so far (excluding secondary and online auctions).

    Bonhams Islamic week results over the last 10 years.

    This can be explained by past mistakes, but mainly by a catalogue that felt rushed and incomplete, and lots presented with a number of issues more or less disclosed. I am not going to repeat here what I previously wrote about the importance of providing provenance for the top lots (and ideally not a previous auction catalogue as sole provenance, but that’s beside the point for now), however I’ll add that condition reports should be as precise and thorough as provenance. I will only give one example, as it feels like beating a dead horse, the Mamluk pen-case, the auction top lot valued £90,000-120,000 and remained unsold. Upon close examination, it appears that the silver incrustations were most likely later restorations, the same with the engravings at the bottom of the box. This was not described in the catalogue, and the inlay restorations were barely mentioned in the condition report, while the addition of the engravings at the bottom were omitted. The object looked good in picture and from the far, but the semi-lack of transparency (some later additions were described) and the not so great details up-close discouraged buyers. Now, I am of course not saying that objects should be pristine, obviously, damages and restorations are part of their history, but they should not be concealed shamefully, on the contrary. This is not a problem exclusive to Bonhams, I’ll talk about it more in part 2 of this review.

    In contrast, Bonhams’ top sale is a small portrait of a Persian dignitary signed by the famous painter Abu’l-Hasan Ghaffari Kashani (d. 1282/1865-6), who worked at the court of Qajar rulers Muhammad Shah and Nasir al-Din Shah period, and signed this piece in 1262 H./ 1845-46. It also came with stellar provenance and a good catalogue entry full of references. Valued at £15,000-20,000, it sold for £40,620.

    I think Bonhams is currently struggling to find its place in a complex and rapidly evolving market. It cannot compete with Christie’s and Sotheby’s as it did in the past, and it’s not in the same market division as Chiswick and Roseberys, so it sits oddly in the middle. The effort of the Islamic and Indian art department to expend their selection, notably by adding a Sikh art section, is truly commendable, but they might need to revamp further, while pushing on provenance and transparency to repair their reputation.

    Panel of three Safavid Kubachi tiles, Iran, 17th c., Chiswick 28/10/22, lot 14, £1,125

    Expected results, good surprises…

    Of course, everybody was waiting to see how much would achieve the page from Shah Tahmasp’s Shahnama, offered by Sotheby’s for £4,000,000-6,000,000. Well, it did not disappoint, reaching £8,061,700, beating the record set with another page sold in 2011 for £7.4 millions as part of the collection of Stuart Cary Welch. Two main biders were competing on the phones, so we’ll have to wait until the buyer reveals themselves, if they do. If you want to learn more about this page, you can still listen to the ART Informant podcast episode with Dr Firuza Melville.

    A big surprise was the 11th c. Andalusia oil lamp offered with an estimate of £300,000 – 400,000 and sold for £1,608,000. Maybe because I was captivated by so many gorgeous pieces, I didn’t notice this lamp during the exhibition, I completely walked past it! I regret it now, especially because this type of telescopic lamps are incredibly rare.

    I wrote in my previous blog that I would wait to see what the market decide regarding the Mughal pashmina carpet valued £2,500,000-3,500,000. It was sold for £5,442,000, also breaking the record on carpet auctions.

    Mughal pashmina carpet, India, c. 1650, Christie’s 27/10/22, lot 200, £5,442,000


    More surprisingly were the £1,002,000 achieved by an 8th c. Kufic Qur’an section of 162 folios, sold against an estimate of £350,000-450,000. I wrote a few years ago that Kufic Qur’ans popularity was decreasing, and I admit that I was wrong. I don’t understand why this manuscript did so well, I can only hope the new owner will not disbound it to sell the pages separately. Sotheby’s also did well, selling the monumental Qur’an page for £819,000 (£650,000 hammer, same as Millon’s page sold last June).

    Unsurprisingly, Turkish Iznik ceramics did very well. Christie’s sold a delightful 16th century jug with the most amazing lavender colour for £906,000, against an estimate of £120,000-180,000. Roseberys exploded the percentage value of their hexagonal Cintimani tile from 16th c. Ottoman Syria, selling it £114,400, 186.5% from the high estimate of £4,000.

    Finally, let’s mention Chiswick, which also had an excellent day on Friday, starting with the very first lot, a lovely cast openwork bronze incense burner in the shape of a lion from 12th c. Khorassan, sold for £11,250. This was included in the fourth part of their single-owner sale, this one achieving a rare 100% of lots sold. In the afternoon, a portrait of a prince from 18th c. Deccan reached £17,500.

    Cintimani tile, Syria, 16th century, Roseberys 28/10/22, lot 85, £114,000

    … And bad news

    After the scandal of Timurid Qur’an, sold in 2020 for £7.016.250, that turned out to have been stolen from Afghanistan in 2019, another huge controversy is coming to Christie’s. The extraordinary 14th century Il-khanid Qur’an scroll, offered for £250,000-350,000 and sold for £1,602,000, has started to make some noise in Turkey, where some write that it was allegedly stolen. It was apparently offered for sale in 2010, but was withdrawn and removed from the online and print catalogue after it was discovered as allegedly stolen. Christie’s put it back for auction this October, 12 years later, most likely because the legal status of the piece changed (supposedly), but Turkish authorities are currently investigating. You can read about this on halk.com.tr and on karar.com.

    The catalogue entry only mentions “Djafar Ghazi, Munich” as a provenance, which is thin. Jafar Ghazi was a famous Iranian collector and businessman who acquired a large amount of manuscripts. His collection was dispersed after his passing in 2007. To my knowledge, there is no record on how he acquired this Qur’an, and we can only assume it came to the UK as part of the dispersion, but I imagine it moved legally between Germany and the UK. This case could potentially be bad for Christie’s reputation, which was already not at its highest, but we’ll have to wait for the investigation to finish. More to come, I’m afraid.

    Qur’an scroll, 754H/ 1353-54 (detail), Christie’s 27/10/22, lot 28, £1,602,000
  • Islamic Week, Autumn 2022: Prices and Attributions Oddities (blog)

    Islamic Week, Autumn 2022: Prices and Attributions Oddities (blog)

    The Islamic Art market is like some mystical creature living in a deep forest. Everybody has heard about it, and many will tell you they have seen it, but everybody gives different descriptions, apart that it has eyes and a tail. What I’m trying to say, with this unnecessarily convoluted metaphor, is that the art market keeps surprising me. Items surprise me, but also the ability of experts to unearth forgotten treasures and to slap completely random prices on them, that keeps surprising me.

    Bonhams opens the week on the Tuesday 25th with a catalogue of 157 lots, but is also holding an online auction between the 20th and the 28th October with a catalogue of 249 lots. Sotheby’s, follows on the 26th with 195 lots. Christie’s offers a larger catalogue of 265 lots on the 27th, including 102 carpets. Finally, a probable organisational mishmash makes Chiswick and Roseberys share the Friday 28th, Chiswick with two catalogues of 89 and 360 lots, Roseberys with a catalogue of 497 lots, including 79 lots of antiquities and 30 lots of contemporary art.

    The selection is large and include wonderful pieces for every budget, as well as intriguing items, such as a small Qajar painting in an extraordinary wooden frame, offered by Rosebery’s at £200-300, and a very amusing page showing Maharana Jagat Singh in the most lively margin of elephants and animals, offered at £500-700.

    A enamelled saucer, Awadh 18th c. Chiswick 28.10.22, lot 371

    Manuscripts and Paintings, stars of the show

    Bonhams seems to be shifting its strategy slightly by holding two auctions simultaneously, one in the auction room on the 25th, and another online, over 8 days starting on the 20th. The physical sale includes pieces between £200-300 and £90,000-120,000 and will appeal to the most fortunate collectors, while the online auction include more items, all between £200-300 and £5,000-7,000, with some lots sold without reserve, and some as low as £5. Both auctions include paintings and isolated pages, but only 3 manuscripts. Supply chain issue or deliberate choice to focus on other media, I cannot tell, but the absence is definitely intriguing given the popularity of manuscripts in past UK and French auctions, and the sheer volume of manuscripts presented by the other auction houses this autumn.

    Chiswick offers several interesting manuscripts in both auctions, including a Mughal Qur’an signed and dated 1145 H./1732 valued at £6,000-8,000, and a Safavid poetic anthology from the 17th c., incomplete but interesting for it contains the full page drawing of a standing man, in a format usually reserved for album pages. The manuscript could probably be use as a case study on provenance: it bears seals, dedications, modern collection stickers and even comes with a letter from George Anavian on behalf of the late professor Ehsan Yarshater to Dr. Marilyn Jenkins Madina, one of the curators of the Islamic Art department at the Metropolitan Museum of Art, dated 27 September 1983. Offered at £800-1,200, it is a bargain for anyone interested in book history.

    40% of Sotheby’s auction is composed of manuscripts, isolated pages and paintings, including 9 volumes from the Shakerine collection which was dispersed by Sotheby’s in October 2019. The sale had done well, but not all lots were sold. On the nine manuscripts offered this fall, only an illuminated Qur’an juz from Ottoman Turkey was previously sold £5,000 (incl. premium), and all the lots are now offered with estimations slashed by 25% or more. It will be interesting to see if they sell, this time around. Sotheby’s is clearly riding trends in this auction. A monumental Qur’an page from the 8th c. is offered for £250,000-350,000, from the same volume as the page sold by Millon Paris for €600,000 in June. The page was last sold by Sotheby’s in 2016 for £85,000, so given the result of the French auction earlier this year, we can understand the rush to resell.

    Page from the Shahname of Shah Tahmasp (detail), Safavid Persia, c. 1530, Sotheby’s 26.10.22, lot 49

    The star of the show is of course the page of Shah Tahmasp’s Shahnama, offered for £4,000,000- 6,000,000, following the page of the same manuscript sold at Christie’s in March this year for £4,842,000. This high price has encouraged Sotheby’s to push the estimation even higher. Every single one of this page is an event on its own, and the painting on this one is particularly glorious. William Dalrymple wrote about the page in the sale catalogue, which baffles me. Mr Dalrymple is a great historian and a fantastic author, but he is not a specialist of Safavid Persia, nor of the Shahnama, nor of the arts of the book. Why not ask one of the many experts of the field for their informed opinion? For this reason, I have invited Dr Firuza Melville, director of the Cambridge Shahnama Centre for Persian Studies, to speak about the manuscript on the ART Informant podcast. The episode will be out on the 17th October, so stay tuned!

    Rosebery’s is also coming in strong with Shahnama pages, including one page of the so-called Freer Small Shahnama, produced in Iran c. 1300-1340 and bearing the illustration of “Sawa Shah slain in battle by Bahram Chubina” (£3,000-4,000), and an illustrated page of one of the so-called Small Mongol Shahnama, made around the same time as the Freer Shahnama (£3,000-5,000), as well as other, Deccani and Qajar.

    Let’s mention here the painting of a black and white bird signed by the famous Persian painter Riza ‘Abbasi, offered by Christie’s for £100,000-120,000. This particular page hadn’t been seen since its first appearance on the market in 1961, until last summer when it was sold in France for €36,000 on an estimate of… €100-150. The snarky comments write themselves.

    Finally, it is interesting to note the prominence of Indian painting. I mentioned this summer that Indian painting didn’t sell well in Paris, so I am particularly interested to see what it will do here in London, though previous auctions have showed that the medium usually encounters success. I never counted the Indian paintings in London auctions before, but because I found the catalogues particularly submerged in Indian paintings this time around, I decided to count. Christie’s catalogue includes 13,2% of Indian paintings, Roseberys 15%, Sotheby’s 15.3%, Bonhams live 17,8%, Bonhams online 25.3%, and Chiswick 30,2%, with a rough total of 310 isolated pages produced in India, excluding illustrated manuscripts, more than 17% of all lots combined. There are some really wonderful treasures among all this mass, but I don’t know where to start, I feel genuinely overwhelmed. As for manuscripts, I wonder when Indian paintings became so prominent, but more importantly I wonder if such volumes are sustainable in the mid to long term. Am I the only one feeling this “Indian painting fatigue”?

    Detail of a folio of the Tarikh al-Alfi, Imperial Mughal India, c. 1590. Sotheby’s 26.10.22, lot 51

    Provenance, prices … All these random things

    In this day and age, it becomes risky to present a star lot without provenance. Of course, the interested buyer can contact the expert and ask, but it seems like good practice to put it directly in the catalogue, both ethically and commercially. The stakes are high to sell the most expensive lot, because even if auction houses often achieve better results with smaller items selling above their range, an unsold star lot represents a significant loss of investment (in terms of research and cataloguing time and resource, advertisement, freelance experts, etc.), as well as bad publicity. One will remember the two pairs of glasses presented by Sotheby’s last Autumn, which I had questioned on this blog; Sotheby’s had contracted William Dalrymple and an independent consulting firm, with additional support (paid or not) from Dr Usha R Balakrishnan and Pr Ebba Koch. These glasses had a number of issues, including the complete absence of provenance in the catalogue, and remained unsold.

    Bonhams has a tendency to omit provenance, but it is never systematic. Their most expensive item is a late 13th century Mamluk silver-inlaid brass penbox offered for £90,000-120,000. At this price, potential buyers should not have to work to find out where it comes from. Oddly, the second star object, a group of Safavid niello and gem-set gold jewellery offered at £80,000-120,000, has a provenance line. Go figure.

    A Mamluk silver-inlaid brass penbox, Egypt, late 13th c. Bonhams, 25.10.22, lot 36

    Christie’s is changing gear with their top lot, presenting a Mughal pashmina carpet from the mid-17th century for £2,500,000-3,500,000. I imagine that this piece might be acquired by a museum, as the infrastructures required for conserving textiles are particularly complex. I am not a carpet specialist, so I couldn’t say if the very high price is justified or not. Let me know your opinion in the comments, and let’s see what the market decides.

    For £15,000-20,000, Sotheby’s offers an 18th c. Ottoman Qur’an of 573 folios, 10 lines by page, measuring 26.6 x 16.4 cm, with no date, signature nor provenance. Christie’s offers for £2,000-3,000 an Ottoman Qur’an of 228 folios (no mention whether it is complete or not), 15 lines per page, 16.9 x 10.7 cm, signed Muhammad, known as Ferayazi, dated 1172 H./ 1758, from the collection of Michel Abemayor (1912-1975). The writing is of better quality in Sotheby’s manuscript, but it doesn’t fully justify the immense price gap between the two, and I struggle to understand how these prices were attributed. Sotheby’s Qur’an is too expensive and Christie’s Qur’an is too low-priced. Someone, somewhere, has some explaining to do.

    Bold Attributions or Misleading Captions?

    Signature and date in beautiful Qajar margins. Christie’s 26.10.22, lot 95 (detail)

    Christies’ second-highest lot gave me pause, and raises the issue of attributions on the art market. A beautiful album page bearing, on one side, a painting of a night hunt scene produced in India circa 1691, and a calligraphy signed ‘Imad al-Hasani on the other side. The page is presented as coming from the famous St Petersburg muraqqa’, an album produced in Persia after the sack of Delhi in 1739 by the army of Nadir Shah Afshar. Most of the album is kept in the Institute of Oriental Studies in St Petersburg, but some of the pages were dispersed before it arrived in Russia and sometimes appear on the market. One page was sold at Millon Paris in 2019, for instance. Other times, pages resembling to those of the album are wrongly attributed to the volume, such as one offered by Sotheby’s in 2018. The present page could be linked to the album for its size (47.8 x 32.5 cm, the St Petersburg album is 47.5 x 33 cm), and the fact it bears a calligraphy of the Persian master ‘Imad al-Hasani, predominant in the original volume, however (yes, in bold) the margins are signed Muhammad Yazdi and dated 1247 H./ 1831-32, some 80 years after the latest date in the album, 1172 H./1756-57. The catalogue entry deals with this crucial information like an afterthought, mentioning it in the very last paragraph and adding that: “The St. Petersburg Muraqqa’ was however never completed and we know that many of the margins and borders were not finished in the 1750s. This might be a later attempt to complete it.” The keyword is in the last sentence, “might”. There is no evidence whatsoever that the album decoration was continued after 1757, and we don’t even know what the complete album even looked like. This lack of nuance is extremely misleading.

    Another jump to conclusions is the attribution of a Safavid papier-mâché mirror case to Muhammad Zaman, valued at £50,000-70,000. With the amount of scientific literature widely available on the topic, I simply do not understand that we can still give every random piece under the sun to the painter Muhammad Zaman, on the base that they look Safavid, and that they bear the inscription “ya saheb al-Zaman“. Many legitimate signatures are known for this painter, some in the aforementioned St Petersburg muraqqa‘, but the attribution of this inscription to him has been questioned many times, and the fact is that nothing tangibly links this “crypto-signature” to him. The scenes on the mirror case are indeed close to his style and can be compared with signed works such as the Khamsa of the British Library, but an attribution is not a signature.

    Bonhams also drops Muhammad Zaman’s name for a page of the album made in 1888 for Nasir al-din Shah Qajar (£15,000-20,000), recognisable by its margins covered in decoupage motifs, but states that the painting is “in the manner of”, which is a lot better.
    This album is problematic and needs to be briefly mentioned here. Pages have been frequently appearing on the market for the past few years, with little to no provenance. Also appearing on the market are empty margins from the same album: Chiswick is offering 6 in one lot as part of their morning, single-owner sale. The margin of Bonhams’ painting resembles very closely another margin offered by Chiswick last year (but is not identical), and because the complete album has never been seen, I think we need to keep an eye on the isolated margins being sold and potentially reappearing not empty. That or I’m being paranoid. In the same auction, Chiswick is also presenting two loose calligraphic panels from the same album, this time without their margins (except for a small band bearing the characteristic decoupaged motifs).

    A lot more can be said about these catalogues, but this article is already too long. I am genuinely excited to go to London and see the exhibitions, but also to see what the market will decide. Bonhams is taking risks by focusing on metals in their live auction, Medieval ceramics are as strong as they have ever been, Iznik are full of promises, I could go on forever. Let’s meet on this blog after the auction to debrief!

    A calligraphic panel with 2 figures (detail of the page), Shaybanid Balkh or Bukhara, 983/1575. Christie’s 27.10.22 lot 54
    1. The catalogue can be downloaded in PDF here. Thank you to Benedict Carter for providing me with the link that I couldn’t find.
    2. Most recently by Dr Amy Landau in her doctoral dissertation “Farangī-Sāzī at Isfahan : The Court Painter Muhammad Zamān, the Armenians of New Julfa and Shāh Sulaymān (1666-1694)” and by Dr Mélisande Bizoirre in her doctoral dissertation: “a Hache et Le Rossignol: Productions Artistiques En Iran Après La Chute d’Esfahān (1135/1722-1163/1750)”.
    3. See Amy Landau’s article in Muqarnas 28 (2011).
  • Parisian Art Market Debrief and Other News (blog)

    Parisian Art Market Debrief and Other News (blog)

    As I am about to enter a studious summer, let’s take a look at the Parisian art market most recent months, which were packed with action. I also want to share with you some of my ongoing and upcoming projects and plans. If this article interests you, please comment below and share on social medias!

    Moulded bowl with hunting scenes, Seldjuk Persia, 12th/13th c.. Artcurial, sold €20,992
    Moulded bowl with hunting scenes, Seldjuk Persia, 12th/13th c.. Artcurial, sold €20,992

    The Islamic Art Market in Paris: New Players, New Scores

    This spring, excitement was palpable around Drouot, the Parisian main marketplace. No less than four large auctions were scheduled in May and June, as well as individual lots passed in non-specialist auctions, and that ended being major surprises.

    Result summary

    All prices include premium.

    On the 16th May, Pingannaud-David expertise opened the season with their first solo auction and new collaboration with Artcurial. They chose to focus on a small catalogue of 118 lots (excluding archaeology), with low estimates ranging from €300 to €25,000.

    As for the results, Artcurial arrives in fourth position with 52% of lots sold for €211,336, a halftone result for the bold selection offered to the public. The biggest success was achieved by a late 19th century Ottoman karlik, a silver cooling vessel from a French collection, bearing the tughra of either Sultan ‘Abd al-‘Aziz (r.1861-76) or Sultan ‘Abd al-Hamid II (r.1876-1909). Valued €6,000-8,000, it was sold for €26,240, 437% of its low estimate. The second record, a beautiful moulded pottery bowl with hunting scenes, from 12th or 13th century Seldjuk Persia, was sold within its estimate of €15,000/20,000, for €20,992.

    Silver cooling vessel (karlik), Ottoman Egypt or Turkey, late 19th century. Artcurial, 15.05.22, sold €26,240
    Silver cooling vessel (karlik), Ottoman Egypt or Turkey, late 19th century. Artcurial, 15.05.22, sold €26,240

    The next day, Rim Encheres, with Rim Mezghani supported by the expertise of Laure Soustiel, was also taking its first steps inside the hotel Drouot. After an inaugural sale in November, the challenge was to show a clear progression margin for the newly created auction house. Were presented 154 lots divided in two thematic groups, “shades of blue” and “empires and artisans”, with estimates from €80 to €30,000.

    Rim Encheres achieved a total of €279,253 with 56% lots sold, which is not extraordinary, given the estimate of some unsold lots, but still shows a clear progression compared to their inaugural sale, which had made €220,580 for 50% sold. Challenge succeeded for the Parisian latest comer. The most successful lot sold within its estimate of €30,000/50,000: A rare Qur’an from the second half of the 15th century, probably produced under the Aq-Qoyunlu dynasty in Iran, with a 16th century Safavid binding, sold for  €41,600. The second-biggest lot came as a surprised: A nice Iznik dish from circa 1590, with a charming decor of sailing ships, and an impeccable provenance, was valued at €4,000/6,000, and sold for €29,900, 748% of its low estimate.

    A month later, on the 15th and 16th June, Millon and Anne-Sophie Joncoux-Pilorget, Parisian market almost veterans in this context, were offered over two days a large catalogue of 441 lots from €50 to €200,000, risking daring estimates and a two-day sale to assert its place on the market.

    I was contracted by Millon, with whom I worked in the past, to support with marketing and communication surrounding the sale, bringing more awareness to the event (with more or less success given the current climate in France, following the scandal in the Louvre).

    Page from a monumental Qur’an on vellum, Mesopotamia, second half of the 8th century, Millon, 15.06.22, sold €650,000 €
    Page from a monumental Qur’an on vellum, Mesopotamia, second half of the 8th century, Millon, 15.06.22, sold €650,000 €

    Millon broke records with €2,014,727 achieved in total, and €650,000 for a monumental Qur’an page on vellum from the second half of the 8th century, beating all French sale records for single Qur’an pages. Overall, Millon was in the average with 56% of lots sold, but managed to sell well above estimate in many cases. The second-biggest lot, a Qur’an juz’ from 12th century Baghdad, also sold for 200% of its low estimate (without premium): €200,000 against €80,000/120,000.

    Finally, Camille Célier was also taking her first solo steps with Ader-Nordmann on the 28th June, presenting a catalogue of 293 lots (including Orientalist painting, excluding archaeology) between €50 and €15,000.

    Lacquered mirror case, signed Muhammad Isma’il Isfahani, Qajar Persia 1274 H/1857-58. Ader-Nordmann 28.06.22, sold €19,840
    Lacquered mirror case (detail), signed Muhammad Isma’il Isfahani, Qajar Persia 1274 H/1857-58. Ader-Nordmann 28.06.22, sold €19,840

    Comparatively, this auction was the most successful one with 69% of lots sold for a total of €330,656. The auction house had made the choice of presenting more objects with lower estimates, around half below €1,000, and it clearly paid off since buyers from all backgrounds gathered. Both top lots were sold within their estimate: A lacquer mirror case with historical scenes and a crucifixion from Qajar Iran, dated and signed Muhammad Isma’il Isfahani (1814-1892,) sold €19,840; and a large Orientalist oil painting by Rigolot (1862-1932) sold €19,200. Here again the surprise came for an Iznik dish (that looks like Kutahya), valued €3,000/5,000 and sold €16,640.

    Success and Deceptions

    Iznik dish, Ottoman Turkey, c. 1590. Rim Encheres, 16.05.22, sold €29,900
    Iznik dish, Ottoman Turkey, c. 1590. Rim Encheres, 16.05.22, sold €29,900

    Ottoman productions encountered a massive success for most. Beside Artcurial’s karlik sold €26,240, Alexis Renard and Beaussant-Lefevre sold a magnificent tombak ewer and basin dedicated to the princess Mihrimah Sultan (1812-1838), daughter of Sultan Mahmud II (r. 1808-1839), dated 1236 H./1820 for €130 560 against an estimate of €20,000/30,000, pre-empted by the Louvre. Millon presented Ottoman arms, especially a curious 18th century yatagan sword with hidden mechanisms that sold €24,000, a price within its estimate of €25,000/35,000.
    Iznik and Kutahya potteries also broke records, confirming the cravings for these productions, especially Iznik’s, that had already been seen in London last Autumn. Rim Encheres, in particular, sold the 11 Ottoman ceramics – dishes and architectural, as well as Ader which achieved high prices with 5 of the 7 lots presented.

    Ewer and Basin in tombak, Ottoman Turkey, 1236 H./1820. Beaussant-Lefevre, sold €130,560
    Ewer and Basin in tombak, Ottoman Turkey, 1236 H./1820. Beaussant-Lefevre, sold €130,560

    The biggest deception was probably Indian paintings. Artcurial presented 23 lots of Indian paintings, 18 being in temporary importation (which incurs an additional 5.5% premium on hammer price, for the buyer), but only managed to sell 8, most within or below estimate. Most likely, Pingannaud-David imported lots from London in a daring effort to hype up Indian painting on the Parisian art market. This could have worked, given the reputation and legacy of late Marie-Christine David in the field, but it might have been too early for the newly created expertise, or estimates might have been too high (some definitely made me raise an eyebrow), and buyers did not respond.
    The same goes for Millon which offered 13 paintings, only 4 were sold, including one more than 300% above estimate.

    However, and because there is always an exception to the rule coming to contradict my shiny theories, a 19th century Awadh painting was offered at Coutau-Begarie on the 3rd June, expertised by Anne-Sophie Joncoux-Pilorget, which clearly unleashed all passions. Valued €3,000/4,000, it was sold for more than 10 times its value.

    Finally, manuscripts made sellers and buyers very happy, confirming here again the importance of the media on the market. Apart from the extraordinary result achieved on the monumental Qur’an page, Millon confimed its leadership on the market by selling the vast majority of manuscripts, including a copy of the Book of Conduct for Sufi Aspirants, written by the great Persian philosopher Sohravardi and copied in 717 H./1317 by his indirect descendant, Ahmad ibn al-Sohravardi al- Bakri (1256-1340), sold for €152,000. Ader managed to sell a 19th century Ottoman miniature Qur’an for €16,640 against an estimate of €3,000/5,000, and Artcurial sold most of their manuscripts (not the biggest ones unfortunately), including an illuminated frontispiece from a 16th century Layla wa Majnun probably made in Herat, gone at €2,099, that is 350% of its low estimate.

    Qur'an juz, Baghdad, 588H./1192-3. Millon, 15.06.22, sold: €160,000
    Qur’an juz, Baghdad, 588H./1192-3. Millon, 15.06.22, sold: €160,000

    It seems that the Parisian art market is entering a new phase of its history. Experts are younger (but highly experienced), with new ideas and new ways of working. Provenances were put under a shining light in the catalogues, which is, as we know, particularly appreciable. We can look forward the Winter auctions to see how Paris will find its new balance.


    Art Informant Update

    The ART Informant podcast, started in November 2021, is now taking a short break after an eventful first season full of amazing guests. It will be back for a second season in September 2022. I also hope to expand on the concept with additional content, but it will depend on external factors I will hopefully be able to talk about in a few months.

    The podcast has been received very positively, and I am really grateful to the community that has helped share the episodes, grow the audience, and gave me very constructive feedback.

    Stay tuned for more info on season 2 very soon, relayed on the ART Informant’s Instagram and Twitter accounts. Don’t forget to follow!

    1. To learn more about Drouot, listen to the ART Informant episode with Rim Mezghani.
    2. France24, “Louvre ex-director charged in art trafficking case”; The Art Newspaper, “Antiquities trafficking case escalates as Louvre Abu Dhabi joins civil action and Swiss collector files criminal complaint”; 247 News Agency, “Accusations against former Louvre director uncover global art smuggling scandal”.
    3. You can check some of the press releases I wrote here and there.
  • Islamic Week Spring 2022: A Broken Balance? (blog)

    Islamic Week Spring 2022: A Broken Balance? (blog)

    This spring, London Islamic Week will be focused on four auctions: Bonhams opens on the 29th March with a catalogue of 248 lots; the 30th March, Sotheby’s presents a catalogue of 169 lots; Christie’s on the 31st March offers 209 lots; Rosebery’s closes the week on the 1st April with a large catalogue of 456 lots including 104 antiquities. To learn more about Rosebery’s auction, you can listen to the ART Informant podcast episode with Alice Bailey, Head of the Islamic and Indian Arts department.

    Chiswick will hold their Spring auction later in April, while Dreawatts Islamic department is on hold since the expert left.

    I hesitated a while to write this short article, as I was unsure how to approach it. However, it seems interesting to take a look at the current status of London art market and try to make sense of it.

    “Rustam kicking away the boulder pushed by Bahman”, Shah Tahmasp’s Shahnama, fol. 451 (detail). Christie’s, 31.03.22, £2,5,000,000-4,000,000

    The highlight of the show is indubitably the page from Shah Tahmap’s Shahnama, offered by Christie’s for £2,5 to 4 millions. The valuation is justified given the fact that the last page from the same manuscript sold in public auction went for more than £8 millions.1 This copy of the Shahnama, the book of kings, was started for Shah Isma’il, first king of the Safavid dynasty in Persia (1501-1722), and was finished by his successor Shah Tahmasp. The paintings are the apotheosis of Persian painting for their refinement, iconography, technique… In short, seeing one of the manuscript’s pages is always an event, and I am particularly excited for it. Not many will be able to bid on the lot and I would not be surprised if it ended in Qatar or the U.A.E. Beside the beauty of the page, we can also applaud the neatly documented provenance.

    For the specialists and aficionados of Persian carpet – which I am not, so I’ll keep this brief – Christie’s is offering a so-called Polonaise carpet for £1 million, which should also do quite well, as carpets seem to be of stable value.

    Battle of Pollilur (detail), Sotheby’s 30.03.22, lot 70, £500,000-800,000

    These are the only two items over the million. Sotheby’s biggest lot is a massive painting from early 19th century India, depicting the battle of Pollilur, which opposed Mysore armies led by Haidar Ali and the British troops of the East India Company. The whole composition is 978.5 by 219 cm and was most likely intended as an advanced preparative study for a mural. Offered at £500,000 to 800,000, the sale constitutes a peak for later Indian painting other than Company School2, and is definitely on trend with the current interest of buyers for 17th to 19th century Indian painting.

    The huge gap between Christie’s and Sotheby’s create an imbalance echoed in the entire catalogue. The important size reduction of auction catalogues, almost automatically triggers an increase of prices, but some in Sotheby’s catalogue are very difficult to justify. A 13th century silver-inlaid qalamdan is offered for £200,000-300,000. The state of preservation is nice, and some silver incrustations have been restored, but the box isn’t signed nor dedicated, while the shape or decor are not particularly rare, so I fail to understand the valuation rationale. More debatable is the so-called Abbasid rock-crystal bowl, valued at £100,000-150,000. In a nutshell, I do not think this piece is Abbasid given the fact that all comparison pieces are either older or unjustifiably attributed to the Abbasid dynasty. The shape and decor of the bowl are a lot closer to late Sassanian dynasty productions than 9th century Basra, which leave me to question the valuation even further, given the fact that Sassanian pieces rarely sell well.
    Some other prices are simply bananas (this is the technical terminology). How is a 16th century Safavid Qur’an with 19th century additions and lacquer binding given at £50,000-80,000? Same question with a non dated and unsigned 19th century Qajar copy of Sa’adi’s Kulliyat valued at £30,000-50,000. In comparison, Christie’s presents a similar but slightly bigger copy of the same text, with signed and dated illuminations and calligraphy, but valued at £5,000-7,000.

    I am extremely curious to see if this artificial price inflation will convince buyers, or if they will give more attention to the less expensive but still quite interesting pieces that Sotheby’s is offering, such as a rare miniature Qur’an from Sultanate India (pre-Mughal), complete but in the wrong order, valued £10,000-15,000; the Indian Qur’an on green paper dated 1311/1893-4, valued £20,000-30,000, or the Abbasid dish with Kufic inscriptions, offered £20,000-30,000 but with no published provenance.

    Safavid tile, Bonhams 29.30.22, lot 75, £2,000-3,000

    While late Indian paintings are getting some well deserved attention at Sotheby’s, Bonhams seems to be swimming against the current by focusing more than usual on Persian art, especially Medieval ceramics. Their top three lots are from Iran, starting with a silver-inlaid 13th century candlestick offered at £150,000-200,000. The second lot raises the same questions of dating and attribution as Sotheby’s so-called Abbasid rock crystal bowl discussed earlier. The beautiful bronze horse and rider valued £100,000-150,000 is given “early Islamic, Persia 7th/8th centuries”, which could be a possibility, apart from the fact that all comparisons given are either Sassanian, pre-Islamic, or Seljuk, 13th century. This doesn’t take from the inherent aesthetic quality of the piece, but Bonhams also has an annoying tendency to leave out provenance from their catalogue, which is risky with this type of already problematic pieces. The market will decide.

    Bronze horse and rider, Bonhams, 29.03.22 lot 18, £120,000-150,000

    That being said, it wouldn’t be a Bonhams auction without late Indian art, especially Sikh, that plays in a very specific demographic and have been doing well in previous sales. A particularly interesting lot is the album of 60 paintings depicting Sikh rulers, monuments and people, most likely produced in Lahore in the 1840’s. The patron of this volume is not known (probably a British official given the English annotations on some pages), but its preservation state is quite rare and valuable.
    The main item of this section is a lovely emerald and diamond-set gold pendant from the collection of Maharani Jindan Kaur (1817-63), wife of Maharajah Ranjit Singh (1780-1839), valued £60,000-80,000. Here lies the strength of Bonhams, its capacity to source exciting pieces with clear historical background and clear provenance.

    An imperial Mughal spinel, Rosebery’s 01.04.22, lot 126 – £60,000-80.000

    For the same estimate, Rosebery’s is offering an imperial Mughal spinel, inscribed with the title of Shah Jahan and dated 1[0]39AH (1629-30AD), as well as other prestigious Indian jewellery from the late 18th and 19th century. Here as well, Indian painting is in the spotlight, as well as Chinese Qur’an with a selection of 14 ajzaʼ from different manuscripts. Alice Bailey, head of department, will speak about her auction better than I can, so go check the latest ART Informant episode!

    After two years of pandemic, I am very excited for this Spring Islamic week, and look forward seeing all the incredible selections. If you’re in London between the 28th and the 30th March, get in touch and come say hi!

    A large annotated drawing showing the currents of energy in a horse, Rajasthan, 19th c. Bonhams 29.03.22, lot 235, £2,000-3,000
    1. Sotheby’s 31st May 2011.
    2. For reminder, the Great Indian Fruit Bat from the Impey Album sold last year at Sotheby’s for £644,200 incl. premium.