How Does Human Creativity Became in Highly Viable Assets ?

The unimaginably expensive prices works of art can go for these days may leave those who pay attention to the art market gratified, or depressed. which at that time was the highest price attained at auction for a work of art when not factoring in inflation. Nominally becoming the most expensive work of art ever to be sold at auction until November 15, 2018.

By Francisco Mejia-Guinand

The highest prices ever paid for a single paintings in auction until November 15, 2018. Van Gogh, Gauguin, Cézanne, Picasso, Kooning, Leonardo da Vinci, All of them have the record of most expensive paintings in the world. All of thous painters lived a life of excess.

Last year, The world’s collective jaw dropped when Leonardo da Vinci’s Salvator Mundi was sold at auction by Christie’s in New York, on 15 November 2017 the rediscovered Leonardo da Vinci painting from the collection of “Top 200” collector Dmitry Rybolovlev, sold for $450.3 million to Prince Badr bin Abdullah bin Mohammed Al Farhan on behalf of the Abu Dhabi Department of Culture & Tourism, setting a new record for most expensive painting ever sold. The painting is to be on display at the Louvre Abu Dhabi but no date has been fixed for its unveiling.

It is a mystery how does an art object assumes by its transactions within the economic sphere.

Through the object may immediately attach to itself selling points of intellect, of reputation, of cultural relevance, and even resistance; qualities that are difficult, if not impossible to define under any system of measurement.

The highest price previously paid for a work of art at auction was for Willem de Kooning’s Interchange, sold privately for $300 million, in September 2015 by the David Geffen Foundation to hedge fund manager Kenneth C. Griffin, was formerly the highest known sale price for any artwork.

Almost three years ago on February 2015. The New York Times and other news outlets. was reportedly bought a painting by Paul Gauguin for $300 million.(£200m). Making it the most expensive painting ever sold at auction or in a private sale at that time. ThenPablo Picasso’s Les Femmes d’Alger, which sold for $179.4 million including fees, in May 2015 at Christie’s New York, a record price for a painting at auction. It was bought by the former Qatari prime minister, Hamad bin Jassim bin Jaber Al Thani.

In July 3, 2017. Also The New York Times has revealed a legal dispute that determinate the painting thought to be the world’s most expensive artwork is not the most expensive one after all. Afterward it reported for close to US $210 million (£155 million). The trial is ongoing, but that a decision in the case will be taken. At the very least, however, the suit has rearranged the top rankings for high art prices: Willem de Kooning’s 1955 painting “Interchanged” stands alone with a reported sale price of $300 million in 2016. Cézanne’s “Card Players” brought $250 million in a sale to the Qatari government in 2011.

As I ilustrated before, I took a deliberated decision to choose as a measure of an original physical object without practical function, the highest prices paid for a single paintings in auction, because in theory auctions anyway, determine price and possession in accordance with the laws of supply and demand, and adhere, again in theory, to some measure of transparency: The most relatable sources are the auction result. However, prices in private sales of artwork are often closely guarded secrets, particularly when they reach astronomical levels.

Auction sales are what one dealer calls the “visible part of the iceberg.” But how big is the rest of it? According to dealers, auction house experts, and other advisers, the private art market is exponentially larger — fueled by increasing demand from Russia, Asia, the Middle East, and other emerging markets.

Paul Gauguin’s painting When Will You Marry? had been sold privately by the family of Rudolf Staechelin, the collection was set up by his grandfather, who became friends with artists and made most of his purchases during and after the first world war. He later advised the Kunstmuseum, which took his collection as a loan following his death in 1946.

Gauguin’s painting is believed to have been purchased by a Qatari buyer Sheikha Al-Mayassa bint Hamad Al-Thani (born 1983). She is the sister of Qatar’s ruling Emir Tamim bin Hamad Al Thani, and daughter of the country’s Father Emir Hamad bin Khalifa Al Thani and former First Lady Moza bint Nasser. Al-Mayassa was declared the most influential person in art on ArtReview’s Power 100. She also in 2011 paid a record $259m for The Card Players by Paul Cezanne. Among them, others masters pieces will be displayed at Qatar Museums as strategy to create a local collection of art to contribute in shaping the Qatari national identity.

It seems to me that everything within Revealing Culture has a clear connection with the complexities and contradictions of the wider world.

Nancy Mowll Mathews, author of Paul Gauguin, An Erotic Life, told the Observer in 2001: “He portrayed the natives as living only to sing and to make love. He was said to have had sexual relations with several of the women he painted in Tahiti, his paintings were met with indifference when he returned to Paris two years later, and he then wrote an autobiographical account of his time in Tahiti called Noa Noa. According to Mathews, it was “the beginning of Gauguin’s writing of an erotic life for himself”.

Gauguin visited Tahiti twice. His first trip was in 1891 after becoming estranged from his wife and was facing financial difficulties given the unpopularity of his art.

He came up with the idea of making the voyage to paint illustrations for the most popular novel at the time, Pierre Loti’s The Marriage of Loti. Those efforts also failed and the artist made a second trip to Tahiti. “He returned expecting the erotic idyll that was only ever a figment of his imagination,” Mathews said. “Of course, he didn’t find it and … he died a twisted and bitter man, having alienated everyone both at home and in Tahiti. It’s a sad story of a man who believed his own fiction.

Creativity results from the resolution of the conflict between the conscious reality and the subconscious drives.

When Gauguin returned to France, his 1893 Durand-Ruel exhibition only a limited success generating some favourable reviews but little by way of sales.

Gauguin placed this painting on consignment at the exhibition at a price of 1,500 francs, the highest price he assigned and shared by only one other painting, but had no takers.

Staechelin’ s grand father eventually purchased it at the Maison Moos gallery in Geneva in 1917. Like so many artists, Gauguin’s talent was not fully recognised until after his death, which came in 1903 at the age of 54 from a morphine overdose. He was a major influence on 20th century greats such as Pablo Picasso, Joan Miró and Henri Matisse.

Previous to the February sale of Gauguin’s painting (When Will You Marry Me?), the most expensive painting to have been sold was Paul Cézanne’s The Card Players, which was snapped up also by the Qatari royal family in 2011 for a rumoured $250m — adjusted for inflation that’s $263.1m in today’s money.

The unimaginably expensive prices works of art can go for these days may leave those who pay attention to the art market gratified, or depressed. which at that time was the highest price attained at auction for a work of art when not factoring in inflation. Nominally becoming the most expensive work of art ever to be sold at auction.

When inflation is taken into account, a higher price was reached at the same auction house for Van Gogh’ s Portrait of Dr. Gachet is one of the most revered paintings by the Dutch artist Vincent van Gogh. It depicts Dr. Paul Gachet, a homeopathic doctor and artist with whom van Gogh resided following a spell in an asylum at Saint-Rémy-de-Provence. Gachet took care of Van Gogh during the final months of his life. There are two authenticated versions of the portrait, both painted in June 1890 at Auvers-sur-Oise. Both show Gachet sitting at a table and leaning his head on his right arm, but they are easily differentiated in color and style. If there is anything distinctive or ‘special’ about this work, it may be the intensity. None of it was ‘casually’ made. All the artist participants in this small selection have an intimate knowledge of boundaries and restrictions.

Art is so often about working within and pushing against limitations — some of them chosen by the artist — some of them imposed from outside.

I would like to pay attention at this fact: the art market gratified a painters whose lived a life of excess. Van Gogh, Gauguin, Cézanne, Leonardo da Vinci, All of them have the record of most expensive paintings in the world. all of thous painters lived a life of excess.

Van Gogh is the archetype of a tortured genius a person who displays exceptional intellectual ability, creativity, or originality who excels in his or her field, but is tormented by inner demons. By this logic, the coexistence of creativity and mental illness is not a coincidence: The talent and the demons are thought to be inextricably linked. The torment is part of the gift. But, There are plenty of geniuses who are not mentally ill, and there are plenty of mentally ill people who aren’t geniuses. Like Van Gogh, Gauguin, Cézanne become is symbol for the troubled genius artist. Leonardo, according to art historian Helen Gardner, the scope and depth of his interests were without precedent in recorded history, and “his mind and personality seem to us superhuman, while the man himself mysterious and remote”. Marco Rosci notes that while there is much speculation regarding his life and personality, his view of the world was logical rather than mysterious, and that the empirical methods he employed were unorthodox for his time. Many historians and scholars regard Leonardo as the prime exemplar of the “Universal Genius” or “Renaissance Man”, an individual of “unquenchable curiosity” and “feverishly inventive imagination”, and he is widely considered one of the most diversely talented individuals ever to have lived. Some 20 years after Leonardo’s death, Francis was reported by the goldsmith and sculptor Benvenuto Cellini as saying: “There had never been another man born in the world who knew as much as Leonardo, not so much about painting, sculpture and architecture, as that he was a very great philosopher.

— Giorgio Vasari, in the enlarged edition of Lives of the Artists, 1568, introduced his chapter on Leonardo with the following words:

In the normal course of events many men and women are born with remarkable talents; but occasionally, in a way that transcends nature, a single person is marvellously endowed by Heaven with beauty, grace and talent in such abundance that he leaves other men far behind, all his actions seem inspired and indeed everything he does clearly comes from God rather than from human skill. Everyone acknowledged that this was true of Leonardo da Vinci, an artist of outstanding physical beauty, who displayed infinite grace in everything that he did and who cultivated his genius so brilliantly that all problems he studied he solved with ease.

Definitely human creativity is a highly viable assets.

New York November 7, 2018.

Francisco Mejia-Guinand