Ars Auro Prior: March 2013

30/03/2013

Nowosielski "Girls on the Ship" sold at 100 000 euro

"Girls on the ship" painted by Polish painter Jerzy Nowosielski was sold at auction in Desa Unicum in Poland on March 7, 2013 for the price of 414 000 zł. "Girls on the ship" appeared on the auction market 17 years ago (1996), at that time the work was sold at 10 000 euro.

During Thursday's auction new owner paid 100 000 euro, which means 820 % return on investment, annual rate of return of 48%.

Jerzy Nowosielski is considered one of the most outstanding Polish contemporary artist. "Girls on the Ship" is very representative of Jerzy Nowosielski's works.

29/03/2013

Polish art addictions - biggest auction

I was pure feast for Polish art addicts. In 2008 two biggest Polish art auction houses, competiting with each other in regular conditions, united their efforts in order to organise special (available only to VIPs) auction of 85 paintings.

Because paintings are unique, I would like to share some of them with you.

This was the largest collection of Polish paintings, owned privately, that came to the market at the same time.
When I think about art - beauty or creativity comes first to my mind, but there is no art without money. Paintings appeared on the market, because one richest Poles, Ryszard Krauze, decided to get rid of part of his collection. Why? Nobody knows. He is selling his companies, paintings etc. Unofficially there are only speculations - one of them says he decided to move out from Poland due to some 'misunderstandings' with our current political moguls (Kaczynski bros. - one of them is president of Poland). Others say, he 'knows better' the coming economic situation.

That's enough of introduction, let's have some FUN! and finally see the paintings. This is a mixture of antique and modern art.