Norway museum returns Nazi-stolen Matisse painting to heirs

My goal is to publish new posts twice a week — Mondays and Thursdays. However, if you don’t see a new post on Thursday, it’s because I was too busy, so please look for a new one the following Monday.

Matisse's Profil Bleu Devant la Cheminée

Matisse’s Profil Bleu Devant la Cheminée

Henri Matisse painted Profil Bleu Devant la Cheminée (Woman in Blue in Front of a Fireplace) in 1937, which was purchased by the French collector and gallery owner, Paul Rosenberg. In 1941, the year after Rosenberg and his family escaped to the US, the Nazis looted 162 of his paintings, including the Matisse. After several changes of hands, the painting found its way into the collection of the Henie Onstad Kunstsenter (Henie Onstad Art Center) in Norway in 1961, where it remained until recently. The museum was founded by the shipping magnate Niels Onstad and his Olympic figure-skating champion wife, Sonja Henie.

The Henie Onstad Kunstsenter near Oslo, Norway

The Henie Onstad Kunstsenter near Oslo, Norway

Rosenberg and his heirs made many attempts to recover the painting, but were unable to locate it. Ultimately, the painting was discovered in the collection of the museum. Christopher A. Marinello, an attorney, and chairman and founder of Art Recovery Group, led the successful negotiations for the return of the painting to Rosenberg’s heirs, which has an estimated value of $20 million. While it’s great to hear about the return of an important painting, it should be noted that this is only one of an estimated 650,000 artworks and religious items stolen from Jews and other victims by the Nazis.

Museum Chairman Halvor Stenstadvold (left) and  Christopher Marinello made the announcement in Norway

Museum Chairman Halvor Stenstadvold (left) and Christopher Marinello made the announcement in Norway

The principles that formed the basis for the return of much Nazi-confiscated art were promulgated at the Washington Conference on Holocaust-Era Assets, November 30 to December 3, 1998, when the Department of State and the U.S. Holocaust Memorial Museum hosted more than 40 governments. For the complete details, click here.

The show will be held in the white building on the left, September 27-28, 2014

The show will be held in the white building on the left, September 27-28, 2014

We just decided to add a new show to our schedule, the NYC Big Flea Market. The new promoters, D’Amore Promotions, will be using the same Pier 94 that is used by USA Antique Shows for their November and March shows. This one will be substantially different, with an entirely new cast of dealers. Click here for more information. It should be good, so I’m really looking forward to it.

Click here to view our new website and look around. We always strive to offer the finest objects for sale on our website and at every show. There are many items for sale, sold items with prices and free lessons about glass and lamps.

Your antique ivory may be worth a lot less today because of changes to the Endangered Species Act

My goal is to publish new posts twice a week — Mondays and Thursdays. However, if you don’t see a new post on Thursday, it’s because I was too busy, so please look for a new one the following Monday.

The Obama Administration has proposed changes to the Endangered Species Act that for all practical purposes makes the sale or shipment of ivory, including antique ivory, illegal. It is possible to certify an individual object for sale or shipment, but it’s costly and difficult to prove.  That means it’s not worth the trouble to certify a $250 ivory item, but it would be to certify a $50,000 Chiparus bronze and ivory statue from the 1920s. The new rules pertain to you, even if your grandmother bought the item in 1920 and you’ve had it in your family since that time.

Demetre Chiparus bronze and ivory Exotic Dancer sculpture

Demetre Chiparus bronze and ivory Exotic Dancer sculpture

The purpose of the new regulations is noble, to protect poaching of African and Asian elephants, but the approach is so heavy-handed, it makes no sense.  For instance, dealers who specialize in the sale of antique bronze and ivory figures from the Art Deco period by Demetre Chiparus and Ferdinand Preiss, will now have an exceptionally difficult time dealing in them.  Each and every item will require a CITES (Convention on the International Trade in Endangered Species of Wild Fauna and Flora) certificate. The time and cost will be so onerous, that many established dealers will want to rethink their businesses.  I don’t think the administration is trying to put legitimate antique dealers out of business, but they very well may do that.

Last week, bills were introduced into the House and the Senate to remove the proposed changes and allow time to rewrite them in a fairer way (Steve Daines (R-MT) (H.R. 5052) and Senator Lamar Alexander (R-TN) ( S. 2587 ).  I suggest you contact your congressmen and senators to show your support of these bills.  Following are links to help you.

Here is a link to the US Senators’ office phone numbers:

http://www.senate.gov/general/contact_information/senators_cfm.cfm

Here is a link that lists all Representatives’ office phone numbers:

http://www.house.gov/representatives/

Doug Bandow wrote a good article on the topic on forbes.com.  Here is the link.

Please refer this information to colleagues, friends and family and ask them to call their representatives.  The more people who call, the more likely the bills will pass.

July 25-27, 2014

July 25-27, 2014

Our first show of the summer will be the Denver Antique Show, which will open to the public next Friday, July 25th. We’ll put together a great display with all of our new purchases. Make sure to come and visit us if you’re in the area.

This rare R. Lalique Douze Figurines bottle just arrived

This rare R. Lalique Douze Figurines bottle just arrived

Click here to view our new website and look around. We always strive to offer the finest objects for sale on our website and at every show. There are many items for sale, sold items with prices and free lessons about glass and lamps.

$33 million lost Fabergé egg discovered by Midwest scrap-metal dealer

My goal is to publish new posts twice a week — Mondays and Thursdays. However, if you don’t see a new post on Thursday, it’s because I was too busy, so please look for a new one the following Monday.

Fabergé Third Imperial Egg

Fabergé Third Imperial Egg, circa 1887

A Midwest scrap-metal dealer bought a golden egg with a clock inside for approximately $13,000, hoping to flip it quickly for a $500 profit. As luck would have it, he overestimated its melt value and wasn’t able to sell it quickly, giving him time to do a little Internet detective work. He typed “egg” and “Vacheron Constantin”, the name engraved on the clock, into Google and hit the jackpot. The information in a 2011 article in Britain’s Daily Telegraph newspaper indicated that the egg might be a lost Fabergé Imperial Egg.

faberge-egg-2The dealer hopped on a plane to London to meet with Kieran McCarthy, the author of the article in the Daily Telegraph.  McCarthy is the Director of Wartski a firm specializing in Russian works of art, especially Carl Fabergé.  The dealer had no appointment, but just casually walked into the shop, wearing jeans, with a portfolio of photos.  McCarthy was so excited by the photos, he flew to the US to authenticate the egg.  He determined it to be the Third Imperial Egg, made in 1887, for Tsar Alexander III, as an Easter gift to his wife, Tsarina Maria Feodorovna.  It had made its way to the West when the post-Russian Revolution Soviets sold their treasures in a policy known as turning “treasures into tractors”.

With the Midwest dealer’s blessing, Wartski then sold the egg to a private collector, for an undisclosed amount, possibly up to $33 million. It was displayed to the public at Wartski from April 14 to 17, for only the second time in its history.  The first was at a 1964 auction. Now it’s back to privacy for the egg.  Who knows the next time it will be available for view by the public?  In the meantime, the Midwest dealer is basking in the sunshine of his good fortune.

This wonderful Daum Nancy fall scenic vase is just in

This wonderful Daum Nancy fall scenic vase is just in

It’s spring, so there are no shows, but we’re still very much in business.  Click here to view my new website and look around. We always strive to offer the finest objects for sale on our website and at every show. There are many items for sale, sold items with prices and free lessons about glass and lamps.

Chasen Antiques has a new website!

My goal is to publish new posts twice a week — Mondays and Thursdays. However, if you don’t see a new post on Thursday, it’s because I was too busy, so please look for a new one the following Monday.

me-Capri-9-29-13

I’m writing this blog on the balcony of my lovely hotel on the island of Capri, Italy. My beautiful wife is with me, the waiter brought a tray with a bottle of local white wine, pistachio nuts, cashews, olives and crackers. The weather is perfect; the view is amazing; and the day is perfect. So what am I doing? I’m writing my blog. Is that dedication or am I nuts? You decide.

website-9-29-13

Back to business. As most of you know, I’ve been working on redesigning my entire website. I’ve asked you to check it out while it was in beta mode, but now it’s a done deal. Please take a look and let me know if you think it’s an improvement or if it needs some work. There also may still be some bugs, which I hope you’ll tell me about. http://chasenantiques.com I’ve added many new items for sale and will be adding many more. Just give me a little time until we get back from Italy. We’ll be attending the fair in a few days, so I’m hopeful we’ll be successful in buying a few nice items.

Plaster casts of some of the bodies recovered from the ruins of Pompeii

Plaster casts of some of the bodies recovered from the ruins of Pompeii

In the meantime, we have to investigate the Amalfi coast, which includes Sorrento, Positano, and Amalfi. The ruins of Pompeii were special.

Wonderful 12" Daum rain scenic vase, just in

Wonderful 12″ Daum rain scenic vase, just in

Click here to view French cameo glass for sale. We always strive to offer the finest objects for sale on our website and at every show. Look around my website. There are many items for sale, sold items with prices and free lessons about glass and lamps.

Sotheby’s may sell its Manhattan headquarters

My goal is to publish new posts twice a week — Mondays and Thursdays. However, if you don’t see a new post on Thursday, it’s because I was too busy, so please look for a new one the following Monday.

Sotheby's York Ave. headquarters in NYC

Sotheby’s York Ave. headquarters in NYC

Sotheby’s has hired two real estate firms to explore the possibility of a sale of their Manhattan headquarters. The first firm, Eastdil Secured, will look for potential buyers. The second firm, Jones Lang LaSalle, will search for a site to relocate.

Sothebys

Selling their Manhattan headquarters will not be new. After first purchasing the building in 1979, they were forced to sell it in 2002, after the collusion debacle with Christie’s. Sotheby’s continued to occupy the York Ave. building by leasing it back from the purchaser, RFR Holding LLC. Then in 2009 they bought the building back from RFR, after a substantial improvement in business. The pressure to sell now may be coming from Marcato Capital Management LLC, Third Point LLC, and Trian Fund Management LP, who collectively purchased 15% of Sotheby’s shares. They expect a sale would allow Sotheby’s to increase dividends and buy back shares.

Chelsea, New York City

Chelsea, New York City

So where would Sotheby’s move? Chelsea is one possibility because of the concentration of art dealers. Personally I’ll be sad wherever they move. York Ave. is far from midtown and very convenient. Christie’s move to Rockefeller Center made every move by car very difficult.

My new, totally redesigned website is almost ready for prime time. Click here to view it. Then look around, try the links and use the site as you normally would. I need your reactions, so don’t be bashful. Please write to me and let me know what you think! philchasen@gmail.com or use the CONTACT form on the site. I expect there are more than a few bugs, which I hope you’ll let me know about. We’ll fix all the problems and then roll out the new site. Thanks!!!

Wonderful Daum Nancy scenic blownout vase, in rare purple variation, just in

Wonderful Daum Nancy scenic blownout vase, in rare purple variation, just in

Click here to view French cameo glass for sale. We always strive to offer the finest objects for sale on our website and at every show. Look around my website. There are many items for sale, sold items with prices and free lessons about glass and lamps.

What recession? There’s no recession in the art and antiques market.

Recently I’ve had more time to write about the interesting things happening in the antiques world. When there’s no one in my booth at a show, I keep busy by writing blog posts. So for the next few weeks, I will publish new posts twice a week — Mondays and Thursdays. However, if you don’t see a new post on Thursday, it’s because I was too busy, so please look for a new one the following Monday.

This Gustav Klimt painting sold at Sotheby's New York for $40,402,500 on November 2, 2011

If you just listen to the news, you would think that the sky has fallen. The housing market is bad in many parts of the country, with many homeowners underwater. Unemployment is currently 9%. The Occupy Wall Street movement has spread. The financial troubles in Greece, Italy and the rest of Europe make stock market investors shiver.

But I’m looking out of my window and see that not only has the sky not fallen, but the sun is shining. There appear to be some good anecdotal economic signals. Sales of luxury cars are improving. Reservations are difficult to get at top restaurants. The antiques business is solid, with new auction records being set for art and antiques. Sotheby’s New York Impressionist & Modern Art sale realized a strong $199,804,500 just a few days ago.

Marc Chagall painting La Mariée sold for $1,022,500 at Christie's New York on November 2, 2011

Here’s my take on what’s going on– no deep analysis, just my observations. There appears to be a dichotomy between the haves and the have-nots — between two dimensions that exist together, but do not interact. On the one side are all the people in the news who are in trouble. They’re worried about the next mortgage payment, not about purchasing antiques. On the other side is a quiet group, not in the news, of successful entrepreneurs, business people and professionals. They aren’t suffering, rather they’re prospering. They have disposable income and are the ones who are actively involved in supporting the art and antiques markets — and they’re not just Americans. Chinese buyers are paying extraordinary prices to repatriate their treasures and are dabbling in other areas. Russian buyers are still active, but less so than a few years ago. Brazilian buyers are starting to flex their economic muscles.

Tiffany Studios Wisteria lamp sold at Christie's New York for $578,500 on June 16, 2011

The Tiffany Studios glass and lamp market is solid. So is the French cameo glass market. That’s not to say that all areas are doing well. For instance, in markets that I have personal knowledge, art glass shades, Steuben glass, Rookwood pottery, Louis Icart etchings and some others are soft. In the early 1990s, the severe recession in the antiques market caused prices to drop precipitously. In some cases, prices dropped over 50% from their peaks (but recovered smartly in the second half of the decade). Nowadays, prices are increasing in many areas. Some collectors are investing, hoping that fine antiques will be a good addition to a diversified portfolio. I’m frequently asked about investing in antiques, but since I’m not good at predicting, I try to restrict my advice to factual information about quality, rarity and condition.

The Pier Antiques Show will be held on the weekend of November 19-20. Sometimes it helps me gauge the health of the market. December is also a big month for auctions. Every major (and minor) auction house holds a 20th Century sale. Those results should be telling. For me, the best predictor of the year to come are the results of the big Miami Beach Convention Center Antiques Show in early February. Buyers fly in from all over the world, so it’s possible to take the pulse of the international market. Here’s hoping good business will continue.

A fine Martin Bros. grotesque vase from 1903

In the meantime, check the listings on my website, which I will update as often as I can. I’ll be photographing all my new Gallé and Daum purchases and listing them on my website. Recently I listed quite a few Tiffany, Handel and Pairpoint lamps and a very rare Louis Icart etching, Mardi Gras. There are also several fine Daum vases; a Daum lamp; several Galle vases; and several more Tiffany Favrile vases. Coming soon will be several wonderful European ceramic items by Clement Massier, Zsolnay and Amphora. Here’s the link. chasenantiques.com

Illinois art forger sentenced to 9 years in prison

Lots of interesting things have been happening in the antiques world recently. Since I have a bit more time to write about them during the spring and summer, I will be posting new blog entries twice a week, instead of once — Mondays and Thursdays for the next few weeks. So make sure you come back often and tell your friends about my blog!

Michael Zabrin. Photo courtesy Chicago Tribune

Over the years, I’ve had many opportunities to buy limited edition etchings, lithographs, etc., by big name artists like Marc Chagall, Salvador Dalí, and Pablo Picasso. I was always concerned about reproductions that I knew existed (and were even rampant). I didn’t have the knowledge to tell the difference, so I always avoided them. Reproductions of Louis Icart etchings also existed, but in that world I’m an expert, so I’ve dealt in them for over 30 years. Now comes news of the arrest, conviction and sentencing of one of the main culprits in the world of limited editions art — Michael Zabrin of Northbrook, Illinois.

Zabrin was first arrested and convicted in 1992, after pleading guilty to selling $800,000 worth of reproduction “limited edition” prints. One year after his supervised release ended in 1998, he was back at it. According the the grand-jury indictment, from July, 1999 to October, 2007, he and fellow associates, Oswaldo Aulestia-Bach, Elio Bonfiglioli, Patrizia Soliani, and Jerome Bengis, conspired to produce and sell these reproduction prints through various outlets, including eBay and dealers in Florida, New York and Australia.

According to the Chicago Tribune, the fake artwork was sold throughout the world in prestigious galleries in Paris, Tokyo, and Barcelona, for example. Of course, Zabrin included his home state of Illinois, with galleries on Michigan Ave. in Chicago.

Now he’s been sentenced to nine years in prison. That should cool his heels for a while. He’ll be 67 when released, if he serves the full term. One would hope that he will have learned his lesson by that time, but some people seem to have larceny in their genes, so I’m not optimistic. Hopefully, the fear of being imprisoned again will keep him on the straight and narrow.

Leon Amiel, Jr., 39, on right. Photo courtesy Chicago Tribune.

James Kennedy and Leon Amiel, Jr., were associates of Zabrin’s in the fake art schemes. On June 15th, U.S. District Judge Joan Gottschall sentenced Amiel to two years in prison for his part. He faced a possible six years, but the judge was lenient, citing “his commitment to family as well as mental problems and a family history of emotional and physical abuse.” Kennedy is due for sentencing this month, after which federal officials will destroy 20,000 fakes. Those that have already been sold will continue to be a problem for years to come.

Rare Louis Icart etching Miss America

Check out my new acquisitions. I just listed a very rare Louis Icart etching, entitled “Miss America”, plus a gorgeous Daum Nancy pink floral vase; a rare Tiffany Studios desk lamp in the Spanish pattern; several fine Daum vases; a Daum lamp; several Galle vases; and several more Tiffany Favrile vases. Soon I’ll be listing a wonderful Tiffany Studios 7-light lily lamp with beautiful shades and a fine patina. Also coming soon will be several wonderful European ceramic items by Clement Massier, Zsolnay and Amphora. Here’s the link. chasenantiques.com