HamG Blog

With apologies to Shakespeare’s Hamlet and before we get to the “D” word, first a couple of rhetorical questions, then a primer on art pricing.  1) Why would an undisclosed buyer pay $140 million for “No. 5, 1948,” an oil on fiberboard painting of Jackson Pollock?  It sold in 2006 through Sotheby’s, in a private sale and the new owner remains unknown.  2) Why did Vincent van Gogh’s “Portrait of Dr. Gachet” sell for $82.5 million to a Japanese businessman in 1990 (a record breaker at the time), yet the artist couldn’t get arrested during his lifetime, even with the help of his influential brother Theo, a leading Paris art dealer of his day?

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The Internet is already changing the collector demographic of the fine arts industry, and its impact will only continue to grow stronger. 

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I went to Hungary this past July – it was my seventh visit there since 1993.  It was a combination of business and pleasure and another opportunity to explore Magyarorszag (Hungary in Hungarian), its people, culture and cuisine.  Despite our different language and customs, Hungarians and Americans certainly share the planet, Western culture and fundamentally,  the human condition – truly, we’re all in the same boat.  But then, it’s not that simple…

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Welcome to Hungarian Art Masters Journal, my weekly blog dedicated to Hungarian fine art of the classical and modern period (late 19th to mid 20th century)!  Every week I hope to provide you with analysis and advice targeted to this unique segment of the art world.  I'll be exploring topics ranging from Hungarian art history, theory and appreciation, to current developments in the art market, including sensitive and intriguing issues such as art theft, plunder, restitution and cultural protection.  Each week I'll post my honest opinions and straightforward assessments on these issues in articles and news items, and trust you'll find them informative, thought provoking, entertaining and relevant to this rapidly advancing niche in European fine art.
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