François-Xavier & Claude LALANNE (1956)

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ArtMarketInsight

Bernar Venet is one of the rare French artists to have achieved international recognition. The fact that he has settled in New York since 1966 is one of the keys to his success. Not long before he moved there, his work was close to conceptual art and radical objectivity, based on mathematics and science.

After the sale of three Niki de Saint-Phalle’s giant Nanas in Germany in December 2008 for €750,000, the Paris sale last month of her Le Banc produced another excellent result. The French-American artist – whose works are collected all over the world – is generating good sales performances in spite of the crisis.

While New York’s auction houses hosted sales of South American art, the Paris offices of Sotheby’s and Christie’s were selling Contemporary Art during May. The results are better than expected for Christie’s primarily due to the sale of a collection of works by François-Xavier & Claude LALANNE.

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