by Angelica Poggi
A major monographic exhibition of the work of Giovanni Lanfranco
(Parma 1582-Rome 1647), will open until the 2nd of December at the
Palazzo ducale di Colorno in Parma, Italy. Curated by Erich Schleier, a leading
expert in 17th century Italian and Spanish art, the exhibition brings
together over 150 paintings and drawings. A number of these works have passed
through the art market in recent years and are thus valid pointers to the painter’s
market popularity.
The auction market for the works of Lanfranco can be analysed by looking at
the sales records of works exhibited in the Parma show: at
an auction held by Finarte at Lugano, Switzerland on May the 16th,
1992 The Flight into Egypt (112 x 94 cm) sold for the then hammer
price of $ 178,500 (€ 194,540); a depiction of St. Ursula, an oil on
canvas measuring 209 x 138 cm, which was lent for the Parma show from Rome’s Palazzo Barberini museum was bought by the Italian State at Sotheby’s,
New York on January the 30th, 1997 for $ 95,000 (€ 103,500); following this Young Man Lying on a Bed with a Cat (113 x 160 cm), sold at
Christie’s, London on April the 19th, 1985 for the then equivalent
of $ 68,280 (€ 74,400), a very respectable figure given that the painting was
in less than perfect condition at the time.
Lanfranco’s Samson and the Lion (142 x 110.5 cm) also fetched an excellent
price when it was sold at Christie’s, New York on January the 16th,
1992 for $ 30,000 (€ 32,700). This had changed hands on a number of occasions
before finally being bought by the Italian State and then given to the Bologna
National Gallery. Also of note was the Christie’s, London sale of March the
29th, 1968, when Moses and the Messengers returning from Canaan
(218 x 246 cm), went for $ 20,690 (€ 22,550). Bearing in mind currency changes
over the last thirty years and the current feverish interest in 17th
century Italian painting, the value of this particular piece has increased more
than tenfold under current market conditions.
Certain small works by Lanfranco executed on copper, a technique the artist
employed on a number of occasions with consistently fine results have met with
considerable results. The best price on the Italian market came with Christ
and the Samaritan at the Well (35.7 x 48.5 cm), which sold at Sotheby’s,
Milan on December the 2nd 1999 for $ 66,350 (€ 72,300), while Madonna
and Child, St. John and St. Joseph in a Landscape (42 x 31.5 cm) went for
$ 43,900 (€ 47,840) at Christie’s, London on December the 8th, 1995
tripling the catalogue estimate.
The Lanfranco exhibition in Parma also features a drawing sold at Christie’s,
London on July the 2nd 1991 for an equivalent of $ 52,700 (€ 57,420),
a record hammer price for a work on paper by the artist. Entitled Study of
St. Luke painting the Virgin Mary (25 x 20 cm) it can now be seen at the
British Museum, London. Finally, among the more recent sales, Polyphemus
and Galatea (43 x 70.5 cm) was offered at Sotheby’s, New York on May the
25th, 2000 and sold for $ 25,000 (€ 27,270). Despite Schleier’s confirmation
to Lanfranco in the auction catalogue, this painting went for a below average
price, probably because of its decidedly precarious condition. The painting
can however be seen in the show.
Analysis of the above data suggests that Lanfranco is not only an artist of
particular interest to scholars, but also highly sought after on the art market.
Bearing these factors in mind it is hoped that his prices will continue to rise.
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