Tefaf Dealers Pricing Art Aggressively
For the art market, this is the first chance to see how high demand for art is outside the auction houses. Private deals don't offer the transparency of the gavel scene, but the transactions can be far more interesting. By the end of Tefaf, we'll know just how deep the art market recovery is running. VIP guests will be allowed to visit tomorrow, ahead of the great unwashed.
The largest group of dealers at Tefaf this year will be those representing pre-20th century pictures, with more than 70 exhibitors. Sandro Botticelli's "Madonna and Child with the Infant Sant John," reaching back to the late fifteenth century, will be available for $15 million by Dickinson of London. Dickinson is also showing Paul Gauguin's "Deux Femmes," with a price tag of $24.4 million. Both are being sold by private collectors.