09/10/2001
by Alex Kearney
After two centuries of critical neglect, Marcantonio Franceschini (1648-1729)
has gained a reputation as the leading Bolognese painter of his era. His pedigree
is first rate: the favourite student, then assistant of Carlo Cignani (1628-1719)
who, in turn, was the star pupil of Francesco Albani, one of Annibale Carracci's
most admired followers. While Franceschini made his big debut as a fresco painter,
the auction houses have trained their eyes on his paintings and drawings.
On the 11th of July 2001, Franceschini's Liberality; and Maternal Charity;
(oil on copper, 42.5 x 57.2 cm, a pair) made a remarkable hammer price of $
324,720 ( 351,860) against an estimate of $ 221,390-368,950 ( 240,000-400,000)
at Bonhams, London. Some 18 months before this, on the 28th of January
2000, his Ariadne on the island of Naxos, Theseus at Sea (oil on copper,
45.7 x 62.9 cm) more than trebbled its estimate when it went for $ 167,500 (
181,510) at Sotheby's, New York. In both cases the medium was oil on copper;
loved by collectors for its smooth finish and lustrous colours. There is much
else to recommend Franceschini; his suave classicism, luminous flesh tones and
pure colours have a seductive appeal. Many of his paintings are elegant pastorals,
which are especially sought-after on the art market. His Armida discovers
the sleeping Rinaldo; Erminia and the Shepherds; (oil on canvas, 94.8 x
120 cm, a pair) went for £ $ 126,910 ( 137,530) against an estimate of $ 88,530-118,040
( 95,950-127,940) at Sotheby's, London on the 6th of July 2000.
The survival of his personal accounts give details of commissions from 1684,
thus helping to shore-up any doubts about the authenticity of recognised works.
That is not to say that all his works are guaranteed to sell well however, with
there being a large number of Franceschini copyists about on the market. Furthermore
a watchful eye should be kept out for paintings which have been re-offered for
sale after being unsold. Moses and the Daughters of Jethro (oil on canvas,
94 x 125.7 cm), co-produced with Franceschini's highly rated assistant Luigi
Quaini (1643-1717) and carrying an estimate of $ 50,000-70,000 ( 54,200-75,870),
was unsold at Christie's, New York on the 26th of January 2001. The
same painting was then put up for auction by Christie's in New York on the 3rd
of October, 2001, this time with a reduced estimate of $ 30,000-50,000 ( 32,520-54,200).
Despite a strong sale overall, this lot failed to attract interest with Christie's
appearing too eager to sell. Similarly Sotheby's, New York saw The Triumph
of Venus (oil on canvas, 90.5 x 117.5 cm), go unsold on the 28th
of January, 2000 against an estimate of $ 200,000-300,000 ( 216,820-325,240).
The estimate was then subsequently cut to $ 140,000-180,000 ( 151,780-195,150)
for an auction on the 23rd of May this year, when second time round
it sold for $ 137,750 ( 149,350).
From January 1999 to July 2001, over a third of the non-affirmed Franceschini's
on the market have gone unsold at auction. The appeal of these works is mainly
decorative. Typical prices for the generic "circle of Franceschini"
works range from $ 8,850-11,800 ( 9,600-12,790) such as Putti disporting
in a landscape (oil on copper, 21 x 21 cm) seen at Christie's, London on
the 17th of December, 1999 or as low as $ 2,950-4,430 ( 3,200-4,800) for Saint
John the Baptist preaching to the Multitude (oil on canvas, 39.3 x 49.2
cm) which sold below its quote for $ 1,360 ( 1,470) at Christie's, South Kensington,
London on the 31st of October 2000. On occasion a smaller "circle of"
work can command a better price than a larger one. A "Circle of Franceschini"
entitled Bacchanal (oil on canvas, 63.5 x 76.2 cm) fetched $ 13,580 (
14,730) comfortably topping its estimate of $ 5,900-8,860 ( 6,400-9,610) at
Christie's, South Kensington in London on the 14th of April, 1999. The next
day a confirmed Franceschini entitled Penitent Magdalene with an angel
(oil on canvas, 119.0 x 147.0 cm) only managed to sell for $ 10,180 ( 11,050)
within its estimate, at Sotheby's, London. The disparity may be due to the subject
matter of these two works: a festive Bacchanal scene might look better on your
wall than a Penitent Magdalen.
If you're determined to get a real Franceschini at low estimates, keep a watch
out for drawings. Pen, ink and wash studies are the most expensive with an Ecstasy
of Mary Magdalene (16.6 x 25.3 cm) smashing its estimate of $ 6,000-8,000
( 6,510-8,680) to make $ 23,500 ( 25,500) at Christie's, New York.
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