appraiser of Estrada Navarro & Dev. Associates, a company that specializes in fine art expertise for all kinds of public institutions and working for the Tax Administration, said that “there is a difference between the estimated value and market value. Usually the owners of the works develop a special affection that leads to hope that the value of his work is great; however, the law of supply and demand puts us at present, whose main characteristic is objectivity; ie free it determined feelings. ” Stresses that “in the case of sales work to the benefit of institutions, the works become more support through certification of the expertise of each work … it acquires official value and facilitates its sale.”
On the part in question, there was no exploration in the market for the price that could reach “Starfish”, according to the points considered valid for the expert opinions of the Tax Administration System , which are, according to Diana Mirella: thoroughly investigate the artist’s career, his comparable on the market work and all movements recorded sales in recent years and check on what price people are willing to pay for the work of same artist who has similar to the peritada features.
Specialists do affect the value of the work
the specialist Vivian Gorinstein, Department manager Modern art auction house Morton mentions that the mechanics to value a piece is easy for them, they know the market and have an “analysis, the artist is studied, the history and characteristics of the work. There is much more information which can be invoked to perform these analyzes. ” It complements prices does not define the holder of the part, although the reasons for the owner heard. “There is much taken into account, because they speak of the origin. Taking into account the information, but ultimately, making the compendium of all this information over the internal analysis Settles and is published in catalogs, the estimated final sales “, ie, the price output, or the minimum that is accepted in the auction is decided by specialists following the statement by the holder of the pictures.
“The idea itself is to offer a competitive price and to do that, that stakeholders raise your paddle until it reaches the final price, even where it is the market willing to pay for that work.”
cOLLECTION “PEOPLE oF JALISCO” CULTURAL INSTITUTE CABAÑAS
Culture authorities ignore their own agreements
The collection ” Jalisco town of Cabañas Cultural Institute “took over 30 years to return to nourish themselves with works. It was not until 2015 when they decided to increase their wealth. However, during the process of working members of the Selection Committee (as José Luis Malo, Jose Villasenor, Dan Montellano and Eduardo Garcia Garibi) they presented various complaints and recommendations.
They highlighted three conflicts. First, pieces that were voted in favor left out of the final purchase. Second they denounced the way in which they were acquired the final 15 jobs. . Third, the premium that was paid for some
Thus, during the first session, which took place on August 5, 2015, the Council voted to select 18 artists; however, this list does not appear in the final purchase Gloria Domingo, Martha Pacheco, Javier Campos Cabello, Roberto Rébora, Luis Rodrigo Medina, Cynthia Gutierrez and Sergio Garval.
In short, they acquired 11 of the first 18 voted works; that is, only 61% of what was chosen. The cost was three million 230 thousand 233 pesos. When members who selected these artists asked for an explanation, they received no reply.
This means contacted the painter Sergio Garval, who according to the minutes of the meeting of August 5 was selected unanimously. In the interview he said he does not know why he did not appear in the final list: “I do not know what happened. Mr. Ruben Mendez came Ramos, curator of the ICC and directly responsible for shopping, my very formal invitation to make me study. Agreed prices, formats and some possibilities of work … agree to follow, all very good. And the last thing I heard was that the newspaper had already acquired the works and no mention about my participation. Perquisites of rough handling and heedless of politics. A mystery to me exclusion. ”
PHRASES
“There is a difference between the estimated value and market value. Usually the owners of the works develop a special affection that leads wishing that the value of his work is great # “
Diana Mirella, Estrada Navarro & Dev. Associates.
“We have to go directly to the supplier, if we want to buy a work of Jorge Martinez have to go directly to the supplier. We live in a capitalist system, is irremediable.”
Ruben Mendez Ramos, directly responsible for purchases.
Another controversial part
“Starfish” is not the only work that was marked with overpricing . Are added Gonzalo Lebrija photograph entitled “Prometheus VII”, acquired 394 000 632 pesos. Generally speaking, images of Lebrija have always recorded prices below 220 thousand pesos market; for example, as published in the newspaper El Universal in October 2012, he was put on sale the photograph entitled “The Space Between Us” at a starting price of 180,000 to 220,000 pesos.
According to the specialized promotion and dissemination of art (www.artnexus.com) page, the image “Stampede” made by the artist himself under the chromogenic print technique has an estimated price of five and seven thousand dollars (from 90,000 to 126,000 pesos if we take the dollar to 18 pesos); ie that the ICC paid 268 000 635 more pesos for a work of the same characteristics.
ignore nonconformity of directors
According to the page specializing in promotion and dissemination of art (www.artnexus.com), the image “Stampede” made by the artist himself under the chromogenic print technique has an estimated five thousand to seven thousand dollars (90 thousand to 126 price thousand pesos if we take the dollar to 18 pesos); ie that the ICC paid 268 000 635 more pesos for a work of the same characteristics.
According to the minutes of the second meeting held on August 13, 2015, and that this newspaper had access, there were disagreements about the way in which agreed to buy the works (directly and without assessment), to the extent that members of the aforementioned Council agreed on “the possibility of reviewing the previous decision and, if necessary, replan considering the prices shown, “says the document.
Although the Law of Acquisitions and Disposals State does not require that this procedure is performed, the complainants indicate which, if done, would not have bought extra work of Martinez.
Myriam Vachez, Secretary of Culture, argues that this step is jumped because “an external valuer can give the price you like, but owners can also do the work. Obviously we tried to reduce the cost … I honestly do not know the market price (of Martinez), I know not say how much a work … I did see different prices in the works presented to us, and we acquired is that to taste our managers and purchasing, is one of the most representative of the collection presented to us. Yes they were asked to please adjust a little, but they said: ‘This is the price’ “.
In this regard, Dan Montellano, director of Plastic Arts of the ECSC, said” if you go to auction you see what it costs each work … if you see the SAT you can look pricing and invoices. At the meetings we said we had very expensive pieces. It began when a discussion on prices and each gave his opinion; however, Dr. (Myriam Vachez) in an effort to benefit the artist said he had to buy directly. ”
Faltó the consent
Another dispute arose during the second session was the lack of consensus to buy the picture of Jorge Martinez. According to the document obtained via Transparencia it points out that the meeting also suggested that if once made purchases of 15 selected works (the part of John Kraepelling was donated, the final collection of 16 works) there is a surplus, then they could acquire some more, so that a list of names of different artists put into consideration.
It is in that list where the name of Jorge Martinez arises; however, the counselor Dan Montellano complaint that members of the ECSC never knew buying the piece of Jorge Martinez. “It is true that within the suggestions missing a piece of this painter, because as an artist it is important to Jalisco”. However, he notes, the agreement was that if there were new names would spend the same system, “that is, they were going to present a final list and with the prices and be subject to a new voting process. But we were never notified of the final decision. The latest purchases were not voted … we never presented a work of Martinez for a vote, unless this work neither the price nor anything. ”
THE PHRASE
“Yes were asked to please be adjusted slightly (by” Starfish “), but were told: ‘This is the price ‘ “.
” an external valuer can give the price you like, but the owners of the work as well. Obviously we tried to reduce the cost … I honestly do not know the market price (of a Martinez), do not know how to say how much a work … “.
Myriam Vachez, Secretary of Culture.
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the measure was taken after the quake which was felt in the city last May 11. THE INFORMER / I. Martinez
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- School. It will return in six months
The Center for Arts Education “José Clemente Orozco” is changed to the Patio de los Angeles of the Ministry of Culture for a while
GUADALAJARA, JALISCO (28 / MAY / 2016) .- the headquarters of the Center for Arts Education “José Clemente Orozco” (CEDART) -located in Calle Independencia number 85- will be shored up, so the staff of nearly 300 students and teachers temporarily move the Patio de los Angeles of the Ministry of Culture (Cuitláhuac # 305), where will the next six months, according to the director campus Alicia Yapur.
the official told in an interview with Informer that the measure was taken after the quake which was felt in the city last May 11, which led it asked for a -comandado damage diagnosis by Manuel Lopez Esquivel the College of Engineers. “The earthquake really scared, propping it will do is to protect Creative City but the building is in perfect condition, has great foundations, with huge walls, construction they are doing is being very careful about. When finished propping return to the building. We are considering about six months, which is what they consider necessary. “
About the reason why Creative City will be responsible for carrying out that work, Yapur said that” it is by caring for adjacent to the construction, buildings are precautionary. The trigger of all was the earthquake, the building is perfect. “
On the thought of another venue in the future, Yapur said that would be something that does not correspond to it, but to his superiors at the National Institute Fine Arts (INBA). “It’s not my responsibility in that sense, we are in a building owned by the institution has and is taking care, at no time mentioned. It was not easy to have found a home ownership was extremely difficult, almost a miracle to have it “.
enabled spaces
Alicia Yapur stressed that Monday regular classes began in the Patio de los Angeles, after some of them were taking place in the Blue gallery and other online, but missing details to operate as usual, as in the dance hall. “We want to fix it as soon as possible so that the time you are here to have the best quality, we have a forum for people dancing and mirrors and flukes we need. We are enabling the spaces that made us please lend, because here is also the address of Mariachi, we are in coordination with the Ministry of Culture, there is a very good relationship. “
At this time due to registration periods, which ended yesterday, the administrative offices remain at headquarters. However, the official stressed that they also will move, so that everyone can live together in the same space.
He also indicated that school hours are the same, from 7:00 to 15:00 hours for the general baccalaureate and from 16:00 to 21:00 hours for the degree.
The Spanish police said they arrested seven people suspected of involvement in the theft of five paintings Irish-born painter Francis Bacon worth 25 million euros (27.8 million dollars).
the owner of the works reported the theft of paintings and other values to the police in July and none of the paintings have been recovered yet.
in February investigators received information from a British company had received a request to verify the provenance of a work of art.
Photographs of the paintings by Bacon were included in the evaluation and these led to the arrests of suspects.
Bacon often visited Madrid, where he
spent time studying ancient paintings in the Museo del Prado, and died here in 1992 at age 82.
the statement Saturday did not say when the arrests and the investigation occurred continues.
